Law & Lawyers

How Many Does It Take to Screw in a Light Bulb?

Organized markets will ensure the optimal number of bulbs are screwed in, at the marginal cost of bulb screwing.

How many utility commissioners does it take to screw in a light bulb?

Five. A problem for three-person commissions. Three commissioners to hear testimony on whether changing the bulb is in the public interest. One more commissioner to direct staff to write the decision and order, to screw it in. And a fifth commissioner to hear appeals, as to whether screwing it in is actually least cost.

How many utility rate managers does it take to screw in a light bulb?

Nuclear Debate: Hansen is Wrong about Nuclear Power

Nuclear, a drain on our ability to deal with climate solutions, energy needs.

Dr. James Hansen, the renowned climate change scientist, has said that nuclear power is essential to combat climate change. We disagree. Nuclear energy is a boondoggle.

FERC Chasing the Uncatchable

Trying to fix mandatory capacity markets like trying to win whack-a-mole, Part I

FERC’s efforts to get capacity markets “right” have led to endless – and futile – tinkering. The cure proposed – making capacity auction markets mandatory – has unfortunately proved far worse than the disease.

A Five-Point Plan For The Next Wave Of Electricity Restructuring

The monopoly utility model was once expansive and revolutionary. Now, it is contracting and preservationist.

A plan for restructuring: Delivery service pricing reform; devolution of generation and re-allocating risk; stranded cost recovery; distributed resources neutrality; optimization of service offerings.

Beware of Vertical Arrangements for Gas Procurement

Owning gas reserves benefits consumers?

Regulators should start with the premise that long-term contracting with an independent gas producer or middleman is preferable (e.g., with a marketer). Vertical arrangements pose a number of tough questions for state public utility regulators.