A More Cost-Effective Energy Transition

A More Cost-Effective Energy Transition

A recent Realclearwire.com article noted that since 2021, the cumulative effect of persistent inflation has reduced Americans’ purchasing power by 19%. Since 2021, grocery prices have increased by 21%, gasoline prices have increased by 47%, shelter costs have...
Electricity Shortages and What to Do About It

Electricity Shortages and What to Do About It

Some folks pin excessive weight on the federal government’s influence over our efficiency and load management industries. Even though billions/trillions of dollars are allocated through the “Inflation Reduction Act” and “Bipartisan Infrastructure Law,” those funds are...
Modern Electric Rates from the Slide Rule Era

Modern Electric Rates from the Slide Rule Era

Last week, we looked at Total Resource Cost (TRC) tests that were developed decades ago to put a high value on avoided source energy costs. That was right for the time, but not today. I demonstrated that energy costs, mostly dominated by natural gas, are near historic...
The TRC Is Calling – Has Anyone Seen 1979?

The TRC Is Calling – Has Anyone Seen 1979?

Last week Michaels Energy delivered a webinar, Achieving Grid Resiliency with Thermal Energy Storage. There are about 70 gigawatts of refrigeration load in the United States frozen storage and chilled-water HVAC systems alone. That 70 GW does not include distributors...