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A More Cost-Effective Energy Transition

By Energy Rant No Comments
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 increased by 20%, and electricity costs have increased by 30%. Wholesale prices rose at the fastest rate in April 2024 since April 2023, signaling persistent pressure on retail prices for months to come. When I read the data, I think of energy prices rolling through everything, adding to consumer prices across the board. For example, diesel fuel prices roll through the food…
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Utility Relationships and Hookup Puns

By Energy Rant No Comments
I attended Peak Load Management Alliance’s 45th Conference in Baltimore last week, where I captured a quote that went something like this: the difference between energy efficiency and demand response is that demand response is a relationship between utility and customer. In contrast, efficiency is a transaction or two followed by the customer and utility parting ways. I thought, hmm, so it’s like renting an apartment versus a hotel for a night or two – or a long-term relationship where two people actually know each other’s names versus a hookup. Ok. Hookups Most of us reading this cannot relate to…
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A Franchise Organization for Decarb

By Energy Rant No Comments
About every six months, while participating in a strategic planning, leadership, marketing, or business development meeting, I hear “we should be doing decarb,” or “we’ve been talking about decarb for years, and that’s all we do is talk about it.” “We’ll be right back here talking about it a year from now.” Whoa! First, what is decarb? My guess is most people would say reducing the consumption of hydrocarbons in a catalytic process with airborne oxygen to produce heat which may be used for heating, power generation, or locomotion – while producing coproducts of gaseous water, carbon dioxide, and minuscule…
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Behavioral Economics, Deep Thoughts of the Irrational Mind

By Energy Rant No Comments
I promised two weeks ago that I would discuss the results of our survey concerning behavioral economics this week. Delivered. Why explain something when you can just find it on the pure, and always correct, internet. Behavioral economics is defined in the graphic below, courtesy Google search.It would be wonderful if everyone understood that nothing (nothing) comes without a cost, that the cost may be higher than one thinks, and certainly higher than the value of benefits. The following are two examples. Health Insurance and Care Everyone reading this has complained about healthcare between one thousand and one million times…
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