“The U.S. electrical system is becoming less dependable. The problem is likely to get worse before it gets better.” – The Wall Street Journal, February 18, 2022. I can take down another one of my seven predictions for 2022. Some numbers from the WSJ: in 2000, there were fewer than two dozen major disruptions. In 2020 there were more than 180. Customers experienced over eight hours of disruption (on average) in 2020, more than double the number in 2013 when the government began tracking this metric. The Journal reports several reasons for the rickety grid. The Markets’ Disincentives for Reliability…
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Recent projects have led me to examine how deregulated electricity markets work. Since I am naturally curious, I wanted to investigate differences between electricity price performance of deregulated states versus those of regulated states. This week we examine the impacts of regulation/deregulation on pricing, and next week, we will look at the impacts that renewable energy has on pricing. Data used come from the Energy Information Administration. Figures lie, liars figure, but Jeff merely presents all data available for you to decide, pound your chest, or cry. That is your prerogative. Often data which do not support a narrative is…
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If we are to get serious about reducing greenhouse gas emissions, we must put down the mud balls, enjoy some sacred-cow burgers, burn the little boxes in which we confine ourselves, and maybe have a little counseling about that boogeyman under the bed. This post first addresses the little boxes and may assuage fear of the boogeyman. A major step in the right direction is a rebirth of nuclear power as discussed in a recent post, The Nuclear Option. One thing is for sure, if you find yourself in any sort of reader comment and chat session, there is apparently…
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