Phony Avoided Cost Models in a Free-Agent Market

Phony Avoided Cost Models in a Free-Agent Market

The last two posts, Nuclear Power over the White Rabbit and the Clean Power Plan Corpse, demonstrated the fruits of an undiversified baseload fleet of power generation. Electricity prices, which were so low during most of my career that few cared about them, are...
Profiles in Decarb – I Call Ham

Profiles in Decarb – I Call Ham

When I started at Michaels millennia ago, we had a brilliant walking encyclopedia of knowledge and engineering know-how. His name was Dave Hamilton, or Ham for short. He was probably 30 years older than me. My boss at the time said Ham knew the answer to any problem....