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It’s January 2nd, and Your Energy Budget is Already Wrong
Variance in energy spend broadly comes from two sources: changes to energy costs and changes to energy use patterns. For most customers, energy costs are driven by tariffed rates, which change throughout the year. In California, for example, both PG&E and SCE filed for rate increases of about 5% in June 2012. Customers who buy electricity from third-party providers can face even greater price uncertainty, depending on how much market volatility they are exposed to through their purchasing agreements. We’ll delve more deeply into the details of price volatility in a future post, but the basic outlines of the story should be familiar to any energy professional. Price risk has been an essential feature of energy purchasing since Thomas Edison’s Pearl Street station opened.[read more]
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Scott Edward Anderson is a consultant, blogger, and media commentator who blogs at The Green Skeptic. More »
Christine Hertzog is a consultant, author, and a professional explainer focused on Smart Grid. More »
Gary Hunt Gary is an Executive-in-Residence at Deloitte Investments with extensive experience in the energy & utility industries. More »
Jesse Jenkins is a graduate student and researcher at MIT with expertise in energy technology, policy, and innovation. More »
Jim Pierobon helps trade associations/NGOs, government agencies and companies communicate about cleaner energy solutions. More »
Geoffrey Styles is Managing Director of GSW Strategy Group, LLC and an award-winning blogger. More »
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“Negative pricing if it was wide spread it would be quickly fixed by the utilities who would simply choose to dunp excess electricity via perhaps joule heating rather than sell it at a loss.”
“These artificial leaf researchers get lots of headlines, but could they really be cost competive with normal solar panels connected to normal electrolysis units? Interconnecting a large area with plumbing for water and hydrogen will like cost more than interconnect with electrical wire. Then there is the giant lead in efficiency that normal PV solar cells have over these new PEC ...”