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Jan 02
Love61

Twelve Pack Lookback

By Energy Rant No Comments
This post features my predictions from a year ago and what has happened since. Forecast #1: “The Ukraine war will not end peacefully with a desirable outcome as long as the bipartisan U.S. Congress keeps laundering money through the military-industrial complex (and others) in this proxy war with Russia.” The Wall Street Journal, December 15, 2023: “Nearly two years into the war, Putin’s gamble that Russia can outlast Kyiv’s Western backers appears to be paying off.” That was after Ukrainian President Zelensky visited Washington in December to urge Congress to send more weapons, to no avail. The average Ukrainian soldier…
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Dec 12
Love59

Decarbonize and Reduce Costs with Dynamic Pricing

By Energy Rant No Comments
Market Prices Continuing from last week, how do we cost-effectively decarbonize the grid at a continental scale? Start with baseload nuclear power and, from there, load management. To achieve optimal load management to keep electricity costs low for customers, customers must see market prices in short-term forecasts, like weekly, day-ahead, or even near-real-time pricing. Tariffs, or rates today, are relics of the analog days when utilities deployed armies of people in pickup trucks to run around and manually read meters. When I was a kid, my dad tasked me with reading meters on building sites away from the home site.…
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Sep 05
Love44

Electric Ratemaking Basics and Load Flex

By Energy Rant No Comments
In the last two Rant posts, we explored dated benefit-cost tests for energy efficiency and demand response programs and introduced flaws with dated ratemaking schemes. Both constructs are based on a century-old “cost of service” business model for monopolistic utilities. In a nutshell, the cost of service includes the debt and equity financing of generation, transmission, distribution, and operations and maintenance, which includes employees, fuel, storm damage repair, and arboriculture. Add up all those costs, including competitive investor returns on equity and debt, and then smear those costs as equitably as possible across the customer base. The sum of those…
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Jul 25
Love38

What’s On the Minds of Utility Commissioners

By Energy Rant No Comments
Last week I attended the National Association of Regulatory Utility Commissioners (NARUC) Summer Policy Summit in chilly Austin, TX, where running shoes never dry. I also learned that the National Association of State Utility Consumer Advocates (NASUCA) holds a conference in parallel in the same venue. This post begins to provide an overview of issues and concerns discussed at the conference, summarized in four words: rising rates declining reliability. Let’s get into it. Rapid Thermal Power Plant Retirement Results: Grid Stress This section may be summarized using the title of the Tuesday panel discussion, “On the Brink: Reliability Challenges and…
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Feb 14
Love16

Capacity Market Poker

By Energy Rant No Comments
About two weeks ago, New England got a punch in the mouth from old man winter. I tuned into the Mt. Washington Observatory (New Hampshire) to check the conditions. On Friday evening, February 3, it was cool and breezy at minus 46°F with 99 mph wind and freezing fog. I dig that. Today’s post continues last week’s discussion on wholesale electricity markets, including capacity and energy-only markets. Summary of that post: Wholesale markets are headed for trouble because Electricity cannot and will not be stored in bulk quantities Society cannot function without electricity Grid loads are getting spikier, and that…
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Feb 06
Love12

Wholesale Electricity Market Mechanisms

By Energy Rant No Comments
PSA I thought of making some wisecracks about the trial balloon that the Chinese Communist Party drifted over the United States. Whatever the intent, it’s no good. The thing that gave me a chill is that these balloons are a top ‘delivery platform’ for a nuclear EMP (electromagnetic pulse) attack. These balloons “can fly up to 200,000 feet, evade detection, and carry a small nuclear bomb that, if exploded in the atmosphere, would shut down the grid and wipe out electronics in a many-state-wide area.” I mentioned this last week and wrote an entire post on this threat five years…
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Nov 07
Love4

Renewable Interconnection Chaos

By Energy Rant No Comments
A couple of weeks ago, I drove across Southern Minnesota, starting in the SW where wind alley is, and therefore, hundreds, or maybe thousands of wind turbines. The following was my observation while cruising I-90. Since the turbines were not spinning, I can only assume that excessive wind forced the Midcontinent Independent System Operator to curtail several hundred megawatts of wind generation. This, for one reason, is why net zero is as worthless as a three-dollar bill, but also, utilities have power purchase agreements with these non-spinning resources, right? Who pays? The MISO hub prices were as follows that day.…
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Oct 25
Love5

Developing Nations are Going Nuclear – Will the West Follow or Fall Futher Behind?

By Energy Rant No Comments
Last week I provided an extensive analysis of how Chernobyl’s RBMK reactor design and the chain of reckless events led to its 1986 disaster. The study sets the stage to explain why that won’t happen with power plants in the United States. Let’s take a minute to examine why nuclear power is a good fit for our needs. Nuclear Power’s Plug into Our Grid Commercial nuclear power plants operate continuously at full power for 90-95% of the year. They require an average of three to four weeks a year for maintenance and refueling. One charge of nuclear fuel, about 3%…
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Sep 27
Love3

Nuclear Power over White Rabbits for a Reliable, Affordable, Zero-Carbon Future

By Energy Rant No Comments
I update my electrification slides for the Wisconsin Public Utilities Institute’s Utility Basics course every year with the latest technologies, sales data, and energy, commodity, and equipment/vehicle prices. Year over year, electricity prices at my home have increased 15%, for now, based on fuel alone. That is minuscule compared to what is proposed in the Northeast. EnergyCentral.com linked to a Patch article that said Eversource Massachusetts is filing for a 38% hike on top of a 22% jump last winter. National Grid is filing for an unprecedented (in my world) “increase from last winter's 14.82 cents per kilowatt-hour rate to…
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Jul 25
Love2

Electrification at Scale

By Energy Rant No Comments
Two weeks ago, I wrote the “electric storage industry that is grabbing all they can before someone figures out that will never be the answer to bridging gaps of intermittent renewables.” Time’s up. Utility Dive last week quoted a North American Electric Reliability Corporation (NERC) spokesman: “Batteries aren’t going to do it, and we’re going to need a backup fuel for wind and solar. So this is important to invest in.” The rest of this post includes a dive into consumer choice and what things might look like at scale. Consumer News In fresh news from Holman Jenkins of The…
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We talk a lot about energy – from the serious to the satirical.

All things energy. That’s our jam.

We talk a lot about energy – from the serious to the satirical.

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