The weak case for continued regulation of the electric power industry

In today’s Wall Street Journal special section on energy issues, a pair of articles presents the case for and against restructuring the electric power industry to introduce more competition. In favor of reform is Andrew Kleit: “YES: It Is the Best Way to Lower Costs and Increase Innovation.” In favor of the traditional regulated electric utility … More The weak case for continued regulation of the electric power industry

Baseload electric generating capacity is exciting…

Baseload electric generating capacity is exciting… wait, no … baseload capacity is exiting areas served by regional wholesale power markets, and the owners of these assets and some state policymakers are anxious to solve what they imagine to be a problem. Utility Dive has a good story on the topic, “Re-regulation on the horizon? State plant … More Baseload electric generating capacity is exciting…

Jay Hancock is not happy with the PJM power market

Michael Giberson From the Baltimore Sun, Jay Hancock explains he is unhappy with electric power restructuring in Maryland and with the PJM market. I think he hits some targets and misses others. Assessing the particulars would require a lot of detailed work, probably better done by someone other than me. One big source of agreement … More Jay Hancock is not happy with the PJM power market

Review of Kiesling and Kleit (eds.) Electricity Restructuring: The Texas Story

Michael Giberson In the current issue of Regulation, Tim Brennan reviews Electricity Restructuring: The Texas Story, edited by Andrew Kleit and our own Lynne Kiesling. After a lengthy introduction discussing how deregulation came to the electric power business (mostly it hasn’t, but parts of the industry have been reorganized), Brennan gets down to the book … More Review of Kiesling and Kleit (eds.) Electricity Restructuring: The Texas Story

Texas retail electric rates remain higher than neighboring states

Michael Giberson Over the weekend the Fort Worth Star-Telegram published a long story detailing views on outcomes in the restructured Texas retail power market.  The newspaper story might be read as a kind of rejoinder to the view Lynne expressed as she announced the availability of the book on the Texas power market that she … More Texas retail electric rates remain higher than neighboring states

Two views on electric utility restructuring in Pennsylvania

Michael Giberson From the Central Penn Business Journal, two views on electric utility industry restructuring in Pennsylvania: First from Matt Brouillette: Pennsylvania’s electricity rate caps have kept prices artificially low, preventing competitors from entering the marketplace and consumers from having choices. Now, when rate caps expire in 2010 in PPL territory, most of central Pennsylvania … More Two views on electric utility restructuring in Pennsylvania

The key to Arizona’s energy future

Michael Giberson Via the Goldwater Institute in Arizona, this announcement of an event happening today, November 12 in Phoenix: Today three experts on electricity restructuring will be at the state Capital to talk about how Arizona could begin a restructuring process and how restructuring could encourage the use of more renewable energy. The discussion is … More The key to Arizona’s energy future

Volatile prices decrease consumer satisfaction with Texas competitive retail suppliers

Michael Giberson From a press release by J.D. Power and Associates: Wide fluctuations in electricity prices during the past year have led to a decrease in overall customer satisfaction with residential retail electric providers in Texas, according to the J.D. Power and Associates 2009 Texas Residential Retail Electric Provider Customer Satisfaction Study released today. The study, … More Volatile prices decrease consumer satisfaction with Texas competitive retail suppliers