Twenty‑Five Years of Lessons on Electricity Competition in the United States
Article
Knowledge Problem

Twenty‑Five Years of Lessons on Electricity Competition in the United States

Why the Electricity Competition Debate Just Flipped—Again In 1998 California’s Power Exchange wholesale power market went live, symbolizing the then-new impetus for efficiency through electricity markets. The promise then was disarmingly…

Taking Institutional Neutrality Seriously on Campus
Article
The Honest Broker

Taking Institutional Neutrality Seriously on Campus

In 2024, Academic Freedom Alliance, Heterodox Academy, and the Foundation for Individual Rights and Expression called for colleges and universities to formally adopt institutional neutrality, defined as: “When a contested social issue arises…

The Future is Already Here Somewhere
Article
The Honest Broker

The Future is Already Here Somewhere

One of the challenges, even for experts, in making sense of climate projections is that the scenarios underlying the projections are so complex as to be impenetrable without a lot…

Article
The Honest Broker

The Iberian Blackout

I’ve spent some time this week looking into the massive blackout that struck Spain and Portugal a few days ago, and today I share some of what I’ve learned. I…

Why the AI Revolution Will Require Massive Energy Resources
Op-Ed
Civitias Outlook

Why the AI Revolution Will Require Massive Energy Resources

The rapid rise of generative AI has triggered a sharp escalation in data center electricity consumption, with profound implications for national energy use, system planning, and climate goals. Data centers…

The Nuclear Race to Power the AI Economy
Article
AEIdeas

The Nuclear Race to Power the AI Economy

America’s nuclear paradox: Yesterday’s reactors are being resurrected to power the future. For example: At Palisades, Michigan, engineers rush to repair steam generators before an October 2025 restart, while at…

The Rigidity Cycle and the Pacing Problem
Article
Knowledge Problem

The Rigidity Cycle and the Pacing Problem

I was listening to Tyler Cowen’s Conversations With Tyler podcast with Jennifer Pahlka, rich and full of detail relevant to my previous post on the pacing problem. In addition to recommending…

A Policy Professor Grades Trump’s Trade Policies
Article
The Honest Broker

A Policy Professor Grades Trump’s Trade Policies

For this first edition of THB Subscriber Questions (THBSQ#1) I am going to address one question asked by many readers. Anders Valland asks:  Professor, now you know where it starts. What…

The Pacing Problem in Electricity
Article
Knowledge Problem

The Pacing Problem in Electricity

The electricity industry is undergoing an unprecedented transformation characterized by smaller-scale, decentralized, and digital technologies. But transitions are rarely easy. Significant challenges arise as the rapid pace of technological innovation…

Economics and Politics of Tariffs
Article
The Honest Broker

Economics and Politics of Tariffs

In recent years, when teaching my senior policy capstone course I would often pivot the course on short notice to discuss current events, updating the readings on the syllabus, and…

“Drill, Baby, Drill” is Nothing Short of a Myth and Populist Rallying Cry
Article
The Honest Broker

“Drill, Baby, Drill” is Nothing Short of a Myth and Populist Rallying Cry

Who uttered the quote that is the title of this post? A prominent climate activist, perhaps? Or maybe, a progressive Democratic member of Congress? No and no.  The quote comes…

Global Energy Demand Set to Accelerate
Article
The Honest Broker

Global Energy Demand Set to Accelerate

The International Energy Agency has just published its Global Energy Review 2025. In this post I share the five most important take-aways I see in the report. I encourage you to…

Another Day Ending in “Y,” More Meritless Lawsuits Against the Fossil Energy Producers
Op-Ed
RealClearEnergy

Another Day Ending in “Y,” More Meritless Lawsuits Against the Fossil Energy Producers

One would think that Republicans would know better. One would think that Republicans from an important oil- and gas-producing state would know better. One would think, or hope, that they would prioritize…

The Energy Demands of the Data-Driven Future: Challenges and Solutions
Event

The Energy Demands of the Data-Driven Future: Challenges and Solutions

Event Summary On March 25, AEI hosted a conference on the challenges of balancing energy constraints with the rapid growth of AI and data centers. AEI’s L. Lynne Kiesling opened…

Regional Transmission Organizations as Market Platforms V
Article
Knowledge Problem

Regional Transmission Organizations as Market Platforms V

In this RTO series, I’ve been exploring the decision-making processes and corporate governance structures within Regional Transmission Organizations (RTOs), highlighting how these institutions perpetuate the control and decision-making power of…