New York's Reforming the Energy Vision Archives

Nov 02

Save the Ships for the Energy Transition

By Jeff Ihnen Energy Rant No Comments

I’m not a casino gambler because I know who wins. I learned long ago that a stock is worth what the next guy will pay for it – nothing more and nothing less. Bad news is good news, and good news is bad. It’s entirely unpredictable. For example: Bureau of Labor Statistics: “Two hundred thousand jobs were added last month, well short of the 500,000 expected increase.” CNBC: “That was a horrible jobs report today!” Stock Market: “Hurray! The Fed won’t raise interest rates,” and the market climbs two percentage points. Commodities have more intrinsic value than securities, and therefore,…

Apr 04

Love0

I Disrupt this Blog with Non-Wire Alternatives

By Jeff Ihnen Energy Rant No Comments

As I read in The Wall Street Journal last week, I would like to disrupt the use of the overused buzzword disruption and the use of buzzwords in general, but I gotta do what I gotta do – talk about Utility 2.0 again. Come to think of it, the utility industry, and those that supported it, must have been asleep at the wheel in the 1990s. That was Utility 2.0 – deregulation, which didn’t work out so well with widespread bankruptcies, some of which exist to this day. Utility 2.0 gave rise to hucksters like Jeffrey Skilling and Ken Lay…