Topping the $1k Cap
Still Beyond the Pale?
Two decades into our grand experiment with wholesale power markets and we’re still debating the need for a cap on prices.
Estimating Benefits of Reducing Greenhouse Gas Emissions
Social Cost of Carbon
In Paris at the end of 2015, the world’s governments decided to be more ambitious than ever on climate change. They set their sights on a goal of limiting the increase in average global temperature to well below two degrees Celsius. Countries committed to constrain their greenhouse gas emissions over the next 10 to 15 years.
The Mobiles are FAST
Including mobile substations in Strategic Transformer Reserve Program
Both spare large power transformers, and emergency mobile substations, have critical roles in the U.S. Department of Energy's Strategic Transformer Reserve Program, STRP. An emergency mobile substation can literally roll onto the site on the bed of a truck, run connecting wires to the power lines, and bypass all of the damaged substation equipment, allowing electricity to flow again within hours.
The Middle Way
A Narrative Addressing the Greatest Challenge of Our Time
The electricity sector is currently stuck in a false zero sum mentality between providers, technology companies, and policymakers. In this first article of a series, we explore an alternative narrative based on three core operating principles.
Good Ratemaking is Hard to Do
Especially in today’s politically charged environment
Trying to use ratemaking to address an increasing number of social issues intensifies the difficulty for regulators to reach a balanced outcome. Net metering stands out as economically inefficient, unfair and a regressive cross-subsidy, essentially an implicit tax on non-solar customers.
Preparing for the Inevitable
New Approach to Recovery from Catastrophic Losses of Grid Facilities
How to adequately prepare for recovery from catastrophic losses: Doing nothing may minimize cost in the short run, but it leaves electricity customers exposed to the risk of extended outages. At the other extreme, having each utility purchase its own dedicated inventory of critical equipment would be duplicative and prohibitively expensive for utility customers. A shared inventory model offers a sensible middle-ground approach.
No-Regrets Approach to Enhancing Grid Resiliency
Grid Assurance, innovative industry-driven response
Subscribers can reduce their costs by 30 to 70 percent compared with maintaining their own stockpile.
Unsung Role of Fossil Fuels in the Miracle of U.S. Growth
Past, Present, and Future, Part I
Robert Gordon’s seminal book, The Rise and Fall of American Growth, has a pessimistic message with profound economic, social, and political implications. But nowhere in Gordon’s 762-page book does he give credit to fossil fuels for the economic miracle of the past two centuries. In this article, I focus on the critical historical role that fossil fuels played in creating the technological and economic miracles that Gordon articulates so well.
Electricity Market Reform in Japan
Bumpy Road Ahead
This is the first in a series of three articles related to power market reform in Japan and its implications both for Japan and globally.
Energy People: Stan Garnett
We talked with Stan Garnett, former senior exec of two utilities, the day after the United Kingdom voted to leave the European Union.
The Brexit vote neatly frames a rather historic episode in the utility industry worldwide.