GET TIMELY INSIGHTS. Our blog showcases a variety of voices from our home at the University of Pennsylvania—including faculty, students, staff, senior fellows, and visiting scholars. Opinions and perspectives are from the authors; not the Kleinman Center.
On March 4, the New York State Supreme Court issued a temporary restraining order against recently released rules by the NY Public Service Commission (PSC) that sought to impose various limits on retail energy suppliers. As I discussed last month, the NY PSC issued an order on February 23 that, among other things,...
America needs new energy infrastructure, and increasingly ratepayers are being looked upon to bridge the financing gap. This week, the Supreme Court is hearing arguments about Maryland’s efforts to use ratepayer subsidies to support construction of new gas-fired generation. Ohio regulators are considering long-term...
New York’s Reforming the Energy Vision (NY REV) process, led by the NY Public Service Commission (NY PSC), is an ambitious project to restructure the energy distribution business model in order to enhance resiliency, integrate renewables, promote efficiency and lower costs. The model envisions a narrower role for...
Analysts and government officials continue to raise concerns about low oil prices stoking the next global economic crisis, drawing comparisons with the 2008 mortgage meltdown. But why? At the core of this argument is the impact of low oil prices on the banking and investment sectors. Mortgage lending to those with...
With oil and natural gas prices at historic lows, Americans are paying rock-bottom prices for energy. Low prices should be a cause for celebration, right? But the consumers I talk to (like friends and family) aren’t cheering. They are biting their nails. What gives? Typically, low energy prices are economic drivers....