restructuring – Knowledge Problem

External Costs of Energy Production, Auditing the Energy Star Program, and More

1 Comment / Electricity, Energy markets / By Michael Giberson

Michael Giberson NewsWatch:Energy puts together a pretty good list of energy links, today noting the National Research Council’s new “Hidden costs of energy: Unpriced consequences of energy production and use.” (Surprise: coal looks bad. But note that much of the harm arises from a small number of coal-fueled generators. The rest of the coal-burners are …

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Private Wires and the Electric Power Industry You Want

5 Comments / Electricity, Energy markets, Liberty, Regulation / By Michael Giberson

Michael Giberson The New Republic has an excellent article by Bradford Plumer about the current state of the electric power industry and the prospects of the industry achieving what diverse interests expect of it. (Yes, in TNR, who’d a thunk it?) The article highlights the political economy of regulated electric utilities and their immense lobbying …

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Why Arizona Should Encourage Development of a Open, Competitive Electric Power Market

Electricity, Regulation / By Michael Giberson

Michael Giberson Stanley Reynolds and Andrew Kleit have made the case for restructuring the electric power industry in Arizona to encourage development of an open, competitive electric power market. Good stuff. I’d especially encourage anyone interested in electric power policy to consider the authors’ eight-point list of elements required for a competitive market (pp. 19-20). …

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Should Advocates of Electric Industry Restructuring Have Not Promised Lower Rates?

3 Comments / Economics, Electricity, Energy markets, Regulation / By Michael Giberson

The people want the ponies they were promised, not the more efficient allocation of ponies that should have been offered.

Draft Report to Congress on Wholesale and Retail Competition in Electricity

4 Comments / Economics, Electricity, Energy markets / By Lynne Kiesling

Lynne Kiesling Yesterday the Federal Energy Regulatory Commission released the draft Report to Congress on Competition in the Wholesale and Retail Markets for Electric Energy on behalf of the Electric Energy Market Competition Task Force. This report, required by Section 1815 of the Energy Policy Act of 2005, provides an overview and summarizes the progress …

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