Phony Avoided Cost Models in a Free-Agent Market

Phony Avoided Cost Models in a Free-Agent Market

The last two posts, Nuclear Power over the White Rabbit and the Clean Power Plan Corpse, demonstrated the fruits of an undiversified baseload fleet of power generation. Electricity prices, which were so low during most of my career that few cared about them, are...
Know Grid History and the MOPR

Know Grid History and the MOPR

The electric grid is the most complex beast on the planet, ever. Let’s set the table. Electricity has been inexpensive and very reliable in the US for the better part of 100 years. At first, electric utilities were hub and spoke systems that sent power from the hub...