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power markets

The right market design for trade between power markets

May 7, 2010 by Michael Giberson
with 226 views
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Windpower Monthly has a great article describing changes in the market for transmission capacity between power systems in Europe and the benefits of the changes.  Here is a summary by way of selected quotes, but the full story is worth reading: Most of the electricity cables connecting Europe were built when electricity systems in... [read more]

Wind power and natural gas-fired power and power markets

March 3, 2010 by Michael Giberson
with 420 views
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The Wall Street Journal published a lengthy article by Russel Gold on the behind-the-scenes struggle over cost allocation and performance obligations between wind power producers and conventional generators.  Tension over how variable resources participate in markets have been simmering for years, but wind power and other... [read more]

Energy storage on the grid: transmission equipment or market participant? (Again)

January 26, 2010 by Michael Giberson
with 241 views
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In the wholesale power markets world, commercial energy storage concepts are commonly somewhat of an afterthought. None of the large regional wholesale power markets integrated into transmission operations put too much effort into thinking about energy storage as they developed their market rules. A part of the problem is that the... [read more]

Designing federal programs that work

November 11, 2009 by Michael Giberson
with 122 views
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From Government Executive: As Washington considers an overhaul of the nation’s health care system affecting roughly one-seventh of our economy, a critical question arises: How effective are we at crafting legislation that can be implemented? To answer this question, we partnered with Government Executive in 2008 to survey members of the... [read more]

Wholesale power markets for beginners – The New Hampshire view

November 11, 2009 by Michael Giberson
with 118 views
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Granite Viewpoint provides an excellent brief introduction to wholesale power markets in New England, with a few New Hampshire specific details thrown in. (First line: “It’s 9:00 am, do you know what the bulk price is for electricity in New Hampshire?”)  At this introductory level the story told about ISO-NE is approximately the... [read more]