Initial Questions on PJM’s Price Formation Proposal

Posted by Christina Simeone

After reading my last blog, you should have a general sense of PJM’s enhanced energy price formation proposal. Here, I’ll outline some preliminary and basic questions I have, upon initial proposal review. In full disclosure, the complex mathematics and theoretical economics run well over my head. Therefore, most of...


What the Heck is “Enhanced Price Formation” in PJM?

Posted by Christina Simeone

FERC recently closed the comment period on the U.S. DOE’s proposal to provide a guaranteed rate of return for generators in competitive markets that have 90-days of fuel onsite. Kudos to PJM Interconnection for filing terrific comments pushing back on the DOE/FERC proposal, asserting it would undermine competitive...


Navigating Regulation of U.S. Electricity Grids

Posted by Mollie Simon

This month, we welcomed Ari Peskoe for a week-long visit at the Kleinman Center. A highlight of Ari’s visit was his public lecture titled “Power Over the U.S. Electric Grid”. Ari is the Senior Fellow in Electricity Law at the Harvard Law School Environmental Law Program Policy Initiative. He has a background in...


Russian Natural Gas Divides Europe. But Why?

Posted by Anna Mikulska

Russian natural gas has been a staple of the European energy diet and will, by most accounts, remain one of its core components in the future. But in the last decade the reliance on Russia for natural gas has become a matter of Europe’s energy security, expedited by repeated interruptions in supply of Russian gas...


Big Advance for Cybersecurity Also Important for Energy Cybersecurity

Posted by William Hederman

At an Aspen Institute cybersecurity discussion I attended today, White House "cyber czar" Robert Joyce announced the long-anticipated charter for the Vulnerabilities Equities Process (VEP). The charter adds significant transparency to the process by which the federal government balances competing national security...


Energy Transformation and Air Quality in India

Posted by Oscar Serpell

  Radhika Khosla presents on India’s growing emissions and electricity consumption as the nation grapples with a public health crisis.  Early this week, residents of Delhi awoke to a public health crisis. The already polluted air in and around the capital city of India had reached extreme levels. PM 2.5, a...


Let's Talk Government Ownership of Unprofitable Nuclear Power Plants

Posted by Christina Simeone

When I first read Edward Kee’s (of the Nuclear Economics Consulting Group) commentaries about nationalizing economically struggling merchant nuclear plants, I thought the idea was provocative.   Today, federal government take-over of money-losing nuclear plants might be something to seriously start talking about. Here...


Major NatGas Customers Publish Indicators for Producers

Posted by John Quigley

The Natural Gas Supply Collaborative (NGSC), comprised of some of the largest natural gas purchasers in the country and about which I first wrote here, has released its final Environmental and Social Performance Indicators for Natural Gas Production. As described in this overview and an accompanying technical...


So What Are Utilities Doing About Storage?

Posted by Ken Kulak

The Smart Electric Power Alliance (SEPA) recently published the results of a survey of electric utilities regarding energy storage installations in SEPA’s first Utility Energy Storage Snapshot. The Snapshot is a particularly important indicator about the current state of energy storage—unlike the usual market...


Calculating the Cost of Climate Change

Posted by Mollie Simon

Devastating storms, dangerous flooding, raging wildfires—the past few months have seen some of the most destructive natural disasters in U.S. history. Hurricane Harvey brought massive flooding throughout Texas and Louisiana, Hurricane Irma brought major damage to Florida and the Caribbean, and Puerto Rico is still...


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