Michael Giberson Dr. Ahmad Faruqui of The Brattle Group and Dr. Mark Toney of TURN discuss dynamic pricing for retail electric customers in a February 17, 2011 event in San Francisco. Part 1: Part 2 Q&A: I’ve only had time to watch a bit of this, but with Faruqui and Toney the program is self-recommending … More Faruqui and Toney debate smart meters and dynamic pricing
Lynne Kiesling In all of the discussion this week of Tyler’s NYT column on pricing and constructing lot parking, an innovation in pricing street parking has been overlooked. Under a new pilot project in San Francisco called SFpark, street parking will now be priced using dynamic pricing. According to SFpark’s description, To help achieve the … More Dynamic pricing of street parking in San Francisco
Lynne Kiesling If you like to cook and to eat well in Chicago, you can’t avoid chef Grant Achatz (nor should you want to!). His signature restaurant, Alinea, was recently named the best restaurant in the U.S. and one of the best restaurants in the world, and he is a creative, if controversial, innovator of … More Dynamic pricing for foodies … and for electricity?
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 According to a new paper by Jim Bushnell, Ben Hobbs and Frank Wolak, “the desire of [state] legislatures and state PUCs to protect consumers from wholesale price volatility comes at a cost we believe few consumers would be willing to pay if it were made explicit, higher annual electricity bills.” And it isn’t … More State legislatures and PUCs prefer high annual electricity bills for retail customers
Michael Giberson In the comments on yesterday’s post, “Dynamic electric power prices for residential customers in Illinois,” Matthew Scallet, a Power Smart Pricing program administrator, offers a few more details on the savings by customers: As far as savings are concerned, the average savings for our entire customer base is 13% since the beginning of … More More on dynamic electric power prices for residential customers in Illinois
Michael Giberson From the Danville, Illinois Commercial-News, a report of a two-year old dynamic power price program for residential customers of Ameren in Illinois: The program offers customers the ability to track in real time, via the Web, the day-ending regional commodity price of electricity. And as the rate fluctuates, participants can adjust their usage … More Dynamic electric power prices for residential customers in Illinois