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January 24, 2025
Regional Transmission Organizations as Market Platforms II
Whether it’s rising electricity bills, reliability concerns, an impetus for decarbonization, or the related importance of grid modernization, power systems in the U.S. and around the world are struggling with change. In this series on regional transmission organizations (RTOs), I’m digging in to the institutional aspects of these challenges. Last time I started with history….
January 24, 2025
Two Cautions on the Trump Energy/Environment Executive Orders
The Trump “Day One” executive orders on energy and environment policies are worthy of applause because they implement a shift toward market forces in place of central planning as the dominant institution driving resource allocation in the various energy sectors. At the same time, two of the executive orders are problematic: the exit from the Paris climate agreement, and…
January 21, 2025
California’s Insurance Crisis
Dave Jones, California’s insurance commissioner from 2011 to 2018, explained California’s growing insurance crisis in 2023: Due to the failure to substantially reduce greenhouse-gas emissions in the U.S. and globally, we are marching steadily to an uninsurable future. Jones sentiment is widely shared — Climate change is causing more and more intense extreme events, which are…
January 13, 2025
EPA Should Reject California’s Locomotive Electrification Regulation
The California Air Resources Board last November requested from the U.S. Environmental Protection Agency a waiver under section 209(e) of the Clean Air Act for implementation of its “In-Use Locomotive Regulation,” an effort to electrify the cargo trains operating in California and therefore across the entire country. As of early January, EPA still has not acted, a…
January 10, 2025
Regional Transmission Organizations as Market Platforms I
2025 is already shaping up to be a year of change for many reasons related to the economics and technology of energy. Between the uncertainty arising from a political change in presidential administration and the dynamics of technological change in the economy, the only prediction I’d hazard is that change will happen. Some of these…
January 8, 2025
The Interests of the U.S. and the Honolulu Climate Case Before the U.S. Supreme Court
The Office of the Solicitor General — part of the Department of Justice —was created by the Statutory Authorization Act of June 22, 1870. The Act states that there shall be an officer “learned in the law,” to be called the Solicitor General, to assist the Attorney General in the performance of his or her duties. The…
December 17, 2024
Economics of Grid Defection II
Last week I wrote about the grid defection discussion circa 2014, motivated by Elisa Wood’s webinar with Seyyed Ali Sadat and Joshua Pearce of Western Ontario University on their new paper in Solar Energy. Let’s pick up the story from 2014 and discuss the research leading up to their paper. Evolution of the Research In the ensuing…
December 16, 2024
How to Get Rid of a Tenured Professor
I am the answer to a trivia question. Who is the only person to appear in the leaked 2009 Climategate emails and in the 2016 Hillary Clinton Wikileaks emails? That’d be me. At the time, in both cases the leaks revealed efforts to censor my research and damage my career. In both cases I thought…
December 12, 2024
Economics of Grid Defection I
Yesterday Elisa Wood hosted a webinar with Seyyed Ali Sadat and Joshua Pearce of Western Ontario University, who have a new paper: The threat of economic grid defection in the US with solar photovoltaic, battery and generator hybrid systems(Solar Energy, November 2024). Grid defection occurs when electricity customers generate and store enough power locally to become fully self-sufficient…
November 19, 2024
Energy Realism and Climate Pragmatism at the Department of Energy
He’s a climate denier! That is the standard reaction of many in the climate lobby when encountering views on climate and energy deviating from the monomaniacal view that climate is the world’s single-most important issue. Reactions from climate advocates to the nomination of Chris Wright,1 CEO of Liberty Energy, to serve in Donald Trump’s cabinet as Secretary…