Category Archives: Electricity Economics

Making Electricity Ubiquitous, Ubiquitous But Not Necessarily Cheap

I attended the 37th International Association for Energy Economics International Conference 2014 June 15-18 in New York City.  During the Wednesday “Dual Plenary Session: Utility Business Model” Michel Derdevet, Secretaire General, Electricite Reseau Distribution France, the French distribution utility, raised … Continue reading

Posted in Electricity Economics | Tagged , , , , , , , , , | Leave a comment

Disruptions, Energy Markets and “Joseph and the Amazing Technicolor DreamCoat”

On 2014 April 22 as this year’s president of the National Capital Area Chapter (NCAC) of the U.S. Association for Energy Economics (USAEE), I will preside over NCAC’s 18th Energy Policy Conference, which this year has the title “Disruptive Technologies … Continue reading

Posted in Electricity Economics, NCAC, Petroleum--A non-utility aside | Tagged , , , , , , , , , | Leave a comment

Electric Demand Charges: A Lesson from the Telephone Industry

The only ad with prices that I remember from 50 years ago was AT&T’s offering of a three minute coast to coast telephone call for $1.00.  With the inflation that we have seen over the last 50 years, one would … Continue reading

Posted in Electricity Economics | Tagged , , , , , , , , , , , , , , | 2 Comments

Net Metering–Morphing Customers Who Self Generate

The U.S. Public Utilities Regulatory Policy Act of 1978 started a flood of non-utility generation, initially a few very large cogeneration plants and recently a large number of small roof top solar generation.[1]  The rapid growth in the number of … Continue reading

Posted in Electricity Economics | Tagged , , , | Leave a comment

Net Metering–Reducing the Cross Subsidies

The U.S. Public Utilities Regulatory Policy Act of 1978 started a flood of non-utility generation, initially a few very large cogeneration plants and recently a large number of small roof top solar generation.  The large cogeneration plants sold power to … Continue reading

Posted in Electricity Economics | Tagged , , | 1 Comment

Utility 2.0 or Just Utility 1.X

On Tuesday, 2013 October 29, I attended a discussion of the report “Utility 2.0: Building the Next-Gen Electric Grid through Innovation.”  I left feeling that the innovations discussed are just more of the same, just as I have often described … Continue reading

Posted in Electricity Economics | Tagged , , , , , , , , , , , | Leave a comment

A Romp Through Restructuring

Today I presided over the monthly lunch of the National Capital Area Chapter (NCAC) of the U.S. Association for Energy Economics, with Craig Glazer, Vice President-Federal Government Policy, PJM Interconnection.  Besides announcing future events and talking about the successful NCAC … Continue reading

Posted in Electricity Economics | Tagged , , , , , , , , , , , , | Leave a comment

The Electric Transmission Grid and Economics

Tuesday, 2013 October 8, I went to the MIT Club of Washington Seminar Series dinner with Anjan Bose of Washington State University talking about Intelligent Control of the Grid.  Anjan began with giving two reasons for the transmission grid but … Continue reading

Posted in Electricity Economics | Tagged , , , , , , , , , , , , , , , | Leave a comment

Price Pressure on Input Capital Costs

We all know about the high cost of building nuclear power plants.  However, the operating costs are so low that the total cost of power out of a new nuclear power plant is just about competitive in the US electricity … Continue reading

Posted in Electricity Economics, Petroleum--A non-utility aside | Tagged , , , , | Leave a comment

Energy Interchange Markets–Often Designed to Fail

I participated on the NAESB IIPTF[1] while it met during 2003-2005.  I argued then that there should be a cash payment for inadvertent interchange and that the cash payment should be differentiated over time and across geography.[2]  About the same … Continue reading

Posted in Electricity Economics | Tagged , , , , , , , , , , , | Leave a comment