This is the second in a two-post series on electricity prices as impacted by deregulation and renewable energy penetration. Last week we explored deregulation in Regulation v Deregulation in True Color. This week, we examine the effects of increasing shares of renewable energy (like wind) being added to the grid. Again, the source for all this information is the U.S. Energy Information Administration, so you can fact check away! To recap, we are examining four regional markets as follows: Regulated Midwest states of South Dakota, Minnesota, and Iowa Deregulated Midwest states of Illinois, Ohio, and Pennsylvania Deregulated Texas Deregulated and…
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If you enjoyed the greatest modern decade of sports, when MJ went six for six in the NBA finals, you would remember this McDonald’s commercial nearby. In it, Larry challenges Michael to a game of trick shots for Michael’s Big Mac and Fries. (I don’t know why my adolescent idol, MJ, would agree to play for something he already paid for, but…) As you can see, the game quickly progresses into an outlandish game of “first to miss, loses.” It leaves off with a shot from the top of Chicago’s fourth tallest building, the Hancock Tower. Cost of Electricity I…
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