Jeremy Jacobs and Hannah Northey at Greenwire report “Appeals court throws out FERC’s demand-response order“: A federal appeals court today threw out a high-profile Federal Energy Regulatory Commission order that provided incentives for electricity users to consume less power, a practice dubbed demand response. In a divided ruling, the U.S. Court of Appeals for the … More Court Says No to Ferc’s Negawatt Payment Rule
Michael Giberson As noted here at KP in August, a group of electric power economists (including me) filed an amicus brief on FERC’s demand response pricing rule. At the Master Resource blog, Travis Fisher examines the issue with some detail. Here is a bit: In Order No. 745, FERC reasoned that, “when a demand response … More ‘Demand Response’ in Electricity: Economists Vs. FERC on (Over)Pricing
Michael Giberson Last year the Federal Energy Regulatory Commission ruled that RTO and ISO markets should pay retail consumers an amount equal to the market’s real-time marginal price when consumers reduce consumption at peak periods. Economically speaking, it is the wrong price. Parties opposed to FERC’s action have taken the issue to court. A group of … More Trying to Fix Ferc’s Demand Response Pricing Mistake
Michael Giberson Much in the news in Texas these past few weeks have been new peak power records and several grid emergency conditions which saw the ERCOT power system narrowly avoid rolling blackout a time or two. Tom Fowler of the Houston Chronicle‘s Fuel Fix blog has been tracking the story closely, see selected links … More Power Consumption Reaches New Peaks in Texas, Ercot Narrowly Avoids Rolling Blackouts
Michael Giberson Last September I asked, “Will faking a consumer cartel help make power markets more efficient?“, “Does FERC really want to go down this path?” and “Do they really think that faking a consumer cartel will help make wholesale power markets work more efficiently?” The answer to the first question is “no, it won’t make markets … More Update on “Will Faking a Consumer Cartel Help Make Power Markets More Efficient?”
Michael Giberson Does the Federal Energy Regulatory Commission (FERC) really want to go down this path? Do they really think that faking a consumer cartel will help make wholesale power markets work more efficiently? Consumers come to any market in pretty direct competition with each other. Suppliers are offering their goods and I would like … More Will Faking a Consumer Cartel Help Make Power Markets More Efficient?
Lynne Kiesling The Consumer Electronics Show has started, and we device and gadget geeks are having fun! One thing I noticed quickly is in this Engadget post about Oregon Scientific’s new device offerings: Look at the device on the far right — it’s a wireless appliance manager “to help users keep an eye on how … More Oregon Scientific’s Elegant In-home Energy Monitor
Michael Giberson Okay, so my title above is a little over dramatic, but the essence of the title remains. Previously, lacking high quality interval data on retail consumption, ERCOT has been allocating charges to retail energy suppliers based on load profiles – not exactly guesses, more like informed guesses. As distribution utilities in the competitive … More Ercot Begins to Settle Accounts Based on Data Rather Than Guesses
Michael Giberson From Walmart’s contribution to a complaint against PJM filed with the Federal Energy Regulatory Commission on Wednesday: Demand response initiatives can originate with a utility program, an ISO or RTO program, or by the customer for different reasons. Walmart has been one of the pioneers of demand response in addition to being a … More Walmart Says Iso Power Markets Offer Best Programs for Supporting Demand Response
Michael Giberson What is micro-curtailment? “Companies and families that don’t do this will have the ‘Fool’ stamped on their figurative foreheads,” writes Chris Davis at PowrTalk. You don’t want that to happen, do you? So read Davis’s post.