Some simple spreadsheet math suggests the outage cost about 100,000 MWh. What does that mean in $$? There’s been a lot of discussion about the potential economic losses due to … Continue Reading Measuring the Economic Costs of the PG&E Outages
Government needs to be more hands-on when it comes to keeping the lights on and shutting them off. Last week more than 700,000 homes and businesses, customers of Pacific Gas … Continue Reading Northern California Goes Dark
Regional market coordination delivers a win for climate change mitigation. There’s an important experiment underway in the Western United States as we inject more and more renewable energy into the … Continue Reading The Little Energy Market That Could
It won’t reduce energy use much, but it can fundamentally alter where that energy comes from. A decade ago, there seemed to be a Kumbaya trend in climate policy. Politicians … Continue Reading What Can Carbon Pricing Do?
The latest twist in the Trump fuel economy rollback. The year 1969 was highly notable—Apollo 11 landed on the moon, free love blossomed at Woodstock, and Richard Milhous Nixon was … Continue Reading Waving Goodbye to the California Waiver?
Many factors go into electricity rate setting, but the economic guidance is short-run marginal cost. Economists can be so judgy. We don’t just study how the world is, like scientists, … Continue Reading Pricing for the Short Run
Mexico’s decision to suspend renewables auctions is bad news for Mexican electricity consumers. Mexican President Andrés Manuel López Obrador (“AMLO”) has only been in office for 8 months, but he … Continue Reading Mexico Goes Backward on Renewables