Podcasts about electricity markets

In this week's episode of The Future of Security Operations podcast, Thomas is joined by Mollie Chard. Mollie's career spans 10+ years in technical SOC and leadership roles at organizations like the UK's Met Office, Capgemini, and OVO. She's recently accepted a new role as Head of Cyber Guidance & Monitoring at Ofgem, the UK's Office of Gas and Electricity Markets. A passionate advocate for diversity, she's also the Chief Advisor for Women in Cybersecurity UK and Ireland. In this episode: [02:00] Mollie's journey from arts graduate to security leader [04:00] Her previous role developing emerging security talent for CIS UK [05:00] Tips and techniques for hiring diverse talent [11:20] The problem with management being the default career path [15:25] The biggest tech mistake that budget-strapped companies make [19:23] Solving unique systems and operational technology challenges in the energy sector [21:30] The ethical considerations and impact of AI for security and other industries [27:30] Making space in boardroom discussions for diversity and how it can enhance resilience [32:00] How to stay aligned when working with remote or dispersed team [35:00] What Mollie thinks cybersecurity will look like in five years [37:00] AI as a threat to human cognitive abilities within and beyond security [42:40] Connect with Mollie The Future of Security Operations is brought to you by Tines, the orchestration, automation, and AI platform that powers some of the world's most important workflows.  Where to find Mollie: LinkedIn Medium Substack Where to find Thomas Kinsella: LinkedIn Tines Resources mentioned: Capslock Bootcamp UK Department for Work and Pensions's Disability Confident employer scheme More career growth tips from Mollie on the Trident Talks podcast

In this latest OIES podcast from the Electricity Programme, Anders Hove talks to Research Fellow Dimitra Apostolopoulou about the Oxford Energy Forum (OEF) issue on storage titled “Powering The Future: Energy Storage In Tomorrow's Electricity Markets”. In this podcast, we provide an overview of the OEF and talk about Dimitra's paper co-authored with Rahmat Poudineh […] The post OIES Podcast – Powering The Future: Energy Storage In Tomorrow's Electricity Markets appeared first on Oxford Institute for Energy Studies.

Utility scale batteries are proliferating across Western power grids, particularly in the US. And far more are set to come. These batteries offer the ability to manage grids, especially with the influx of renewables, or make economic returns on trading around them. Yet, their very presence is changing the dynamics of power markets. What are these batteries, where are they placed and who owns them? How and who trades around them and what do they mean for the future of power markets? All this and more is answered by our guest Casey Keller, Head of Assets and Development at Caerus Commodities.    

In this latest OIES podcast from the Electricity Programme, Dimitra Apostolopoulou talks to OIES Visiting Research Fellow Farhad Billimoria about his latest paper co-authored with Rahmat Poudineh and Jacob Mays titled “Hedging and Tail Risk in Electricity Markets”. A concern persistent in current electricity market designs has been the sufficiency of hedge markets and the […] The post OIES Podcast – Hedging and Tail Risk in Electricity Markets appeared first on Oxford Institute for Energy Studies.

In this week's episode, host Kristin Hayes talks with Chiara Lo Prete, an associate professor of energy economics at Penn State University, about the design of electricity markets in the United States. Lo Prete discusses the differences among electricity markets in different regions of the country; efforts to ensure that electric utilities can meet demand for electricity under adverse conditions, such as extreme weather events; and new designs of electricity markets that aim to accommodate both growing demand for electricity and the further integration of renewable energy resources into the US electric grid. References and recommendations: “Time for a Market Upgrade? A Review of Wholesale Electricity Market Designs for the Future” by Chiara Lo Prete, Karen Palmer, and Molly Robertson; https://www.rff.org/publications/reports/review-of-wholesale-electricity-market-designs-for-the-future/ “Superpower: One Man's Quest to Transform American Energy” by Russell Gold; https://www.simonandschuster.com/books/Superpower/Russell-Gold/9781501163593 “4 3 2 1” by Paul Auster; https://us.macmillan.com/books/9781250618801/4-3-2-1

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Conleigh, Farhad, Ahlmahz, and Paul debrief on coverage of FERC Order 1920 then discuss resource adequacy, hedging tail risk, and preview business capability models.Ahlmahz Negash, Conleigh Byers, and Farhad Billimoria scan news stories after FERC's release of Order 1920, then Conleigh Byers explains Resource adequacy, and Farhad Billimoria explains Hedging & Tail Risk in Electricity Markets.You can find the podcast on Apple Podcast, Spotify, or wherever you get your podcasts. Share with friends that are energy enthusiasts, like us!03:17 - Short-to-Ground (FERC Order 1920 Edition)On May 13th the Federal Energy Regulatory Commission approved a sweeping long-term transmission planning and cost-allocation rule aimed at modernizing the gridIn the Special Transmission Reform Meeting, Chair Willie Phillips said the U.S. faces "an unprecedented surge in demand for affordable electricity while confronting extreme weather threats to the reliability of our grid and trying to stay one step ahead of the massive technological changes we are seeing in our society."FERC is helping to pave the way for a much-needed investment in our transmission infrastructureThe Federal Energy Regulatory Commission's fact sheet for Order 1920 states that the grid rule contains five major elements:Requirement to conduct and periodically update long-term transmission planning to anticipate future needs.Requirement to consider a broad set of benefits when planning new facilities.Requirement to identify opportunities to modify in-kind replacement of existing transmission facilities to increase their transfer capability, known as “right-sizing.”Customers pay only for projects from which they benefit.Expands states' pivotal role throughout the process of planning, selecting, and determining how to pay for transmission facilities.“Landmark transmission reform could dramatically speed US energy transition”Large Public Power Council's president, John Di Stasio's, written statementAmericans for a Clean Energy Grid's Executive Director, Christina Hayes, applauded FERC for finalizing a, quote, “strong and comprehensive regional planning and cost allocation rule.”Spot market power in the U.S.Wholesale spot prices for the National Electricity Market (NEM)Energy Information Administration's Natural Gas Weekly Update41:03 - Hedging and Tail Risk in Electricity Markets By: Farhad Billimoria , Jacob Mays , Rahmat PoudinehAbstract: A concern persistent in scarcity-based market designs for electricity over many years has been the illiquidity of markets for long-term contracts to hedge away volatile price exposures between generators and consumers. These missing markets have been attributed to a range of factors including retailer creditworthiness, market structure and the lack of demand side interest from consumers. Using a stochastic equilibrium model and insights from insurance theory, we demonstrate the inherent challenges of hedging a legacy thermal portfolio that is dominated by volatile fat-tailed commodities with significant tail dependence. Under such conditions the price required for generators to provide such hedges can be multiples of the expected value of prices. Our key insight is that when the real-world constraints of credit and financing are considered, the volatility of thermal fuels and their co-dependence under extremes may be a key reason as to why electricity markets have been incomplete in terms of long-term hedging contracts. Counterintuitively, in the context of the energy transition, our results show that, ceteris paribus, increasing the penetration of low carbon resources like wind, solar and energy storage, can add tail-diversity and improve contractability.22:16 - The Future of Resource Adequacy in a Decarbonized Grid w/ Conleigh ByersConleigh Byers Resource Adequacy Harvard Energy Policy Seminar 25 4.93MB ∙ PDF file DownloadDownload1:02:23 - Institutions in the electric sector are evolving like the eras of Taylor Swift, but are their business models evolving with them?Public Power Underground, for electric utility enthusiasts! Public Power Underground, it's work to watch!

An expert in electricity markets explains why market price signals alone will struggle to incentivize adequate investment in the flexible electricity resources needed for future grid reliability. -- In the 1990s the process of deregulation – or restructuring – of the U.S. electricity system began, leading to the introduction of competition to an industry that had for a century been dominated by vertically-integrated utility monopolies. Today, competitive markets produce two-thirds of the electricity consumed in the country. Yet concern has grown that these modern markets may not be up to the task of driving the types of investment needed to ensure that an ample and reliable supply of clean electricity will be available in the future. Kelli Joseph, a senior fellow with the Kleinman Center, offers a deep dive into the theory of competitive electricity markets and the role that market price signals play in driving investment in many parts of the United States. She explores the need to incentivize investment in flexible resources essential to the reliability of a grid that is increasingly reliant on natural gas and renewable generation, and discusses how electricity markets and policy might meet the challenges of the energy transition. Kelli Joseph is a senior fellow with the Kleinman Center for Energy Policy. Related Content The Key to Electric Grid Reliability: Modernizing Governance https://kleinmanenergy.upenn.edu/research/publications/the-key-to-electric-grid-reliability-modernizing-governance/ Coordinated Policy and Targeted Investment for and Orderly and Reliable Energy Transition https://kleinmanenergy.upenn.edu/research/publications/coordinated-policy-and-targeted-investment-for-an-orderly-and-reliable-energy-transition/ Aligning Clean Energy Policy with Grid Reliability https://kleinmanenergy.upenn.edu/podcast/aligning-clean-energy-policy-with-grid-reliability/   Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu  See omnystudio.com/listener for privacy information.

In this latest OIES podcast Hasan Muslemani talks to Frank Felder about his forthcoming OIES paper ‘The Challenges of Incorporating Consumer Reliability Preferences in Electricity Markets with a Capacity Requirement'. Power outages and major blackouts are widespread, affecting hundreds of millions globally. One way to improve reliability and reduce costs is to have more customers adjust […] The post OIES Podcast – Consumer reliability preferences in electricity markets with a capacity requirement appeared first on Oxford Institute for Energy Studies.

In this episode we continue our consideration of what Bill Massey in our first episode this season called "the battle of the statistics" between monopoly and competition advocates. We talk with Michael Giberson, an economist and senior fellow for energy with the R Street Institute, who notes the importance of taking statistics into proper context when attempting to contrast between monopoly utility regulation and competitive markets – particularly the need to account for the impact of inflation when looking at changes in electricity prices over time.Support the show

In his introduction, Markham says "Conference Board of Canada" rather than "The Conference Board," which is the US organization for which economist Alex Heil wrote the report, “Too Much Sun? Heavy Focus on Solar Might Create Volatile US Electricity Markets.”

The next season of Public Power Underground is coming soon with a new format and new regular hosts. Subscribe to make sure you don't miss the season premiere!After a short break, Public Power Underground is coming back for its sixth season of energy enthusiasm! This season Paul Dockery and Ahlmahz Negash will be joined by world-renowned energy researchers Conleigh Byers and Farhad Billimoria to investigate energy industry and energy-industry-adjacent topics by bringing together expert insights with practitioner perspectives. The episode format for Public Power Underground has evolved for Season 6, which will include a new, season-spanning energy-inspired game. Tune in for the season premiere for more.Season 6 ContributorsPaul Dockery is a Senior Manager of Energy Resource Strategy & Planning for Seattle City Light and the Creative Director of Public Power Underground. Ahlmahz Negash is a Principal Data Analyst for Tacoma Power, an energy system researcher, and Executive Producer of Public Power Underground.Conleigh Byers is an Environmental Fellow at the Harvard University Center for the Environment based at the Harvard Kennedy School of Government. She uses tools from operations research, electrical engineering, and economics to design decarbonized energy systems, with a focus on power systems operations and planning. Her current research focuses on achieving resource adequacy under deep decarbonization, hosted by Professor William Hogan. She holds a doctorate in Electrical Engineering from ETH Zürich and a dual masters in Electrical Engineering & Computer Science and Technology & Policy from MIT.Farhad Billimoria is the Director, Electricity Markets for S&P Global and a Visiting Research Fellow at the Oxford Institute for Energy Studies. He has previously served as a Principal in Market Design at the Australian Energy Market Operator and has a background in international infrastructure and energy finance, investment and capital markets.The Sisterhood of the Traveling ElectronDuring the Season 5 Finale, friend-of-the-underground Jordan White referenced the buildout of transmission infrastructure as a “Sisterhood of the Traveling Electron”. As an enthusiast of both romantic comedies and electric utilities, the cross-over merch idea was too perfect to pass up. After-all, just like the magical pants from the early-aughts classic The Sisterhood of the Traveling Pants, transmission keeps us connected across distances during tough transitions.Public Power Underground doesn't have a storefront to sell merch anymore, but there is a feature where I can share a design for others to order from Printful. There's no revenue coming to Public Power Underground from the sale and I provide no warranty or guaranty for the merch. But I did promise that if I ever translated concept to merch, I'd send it to subscribers of the newsletter. For links to Sisterhood of the Traveling Electron merchandise subscribe on substack at publicpowerunderground.substack.com.

We start with a quick summary of the High Court of Australia's decision in Vanderstock v Victoria, which struck down as unconstitutional the State of Victoria's Distance Based Charge on Zero and Low Emissions Vehicles (aka the EV Tax). But we rapidly descend into an unqualified but compelling fiesta of legal speculation - is State-based EV taxation really dead, and what other unrelated taxes and charges might now be unsound?Our main paper More and more governments have been making use of Contracts for Difference as a tool of energy and climate policy - first to drive clean electricity generation investment, and now for hydrogen and low-emissions industry. These contracts guarantee project revenue per unit of output won't fall below an agreed price. But who pays, and are any costs fairly distributed?A new paper from Tim Nelson and Tracey Dodd, Contracts-for-Difference: An assessment of social equity considerations in the renewable energy transition, provides a preliminary look based on applying hypothetical costs of the NSW variation on CFDs to hardship customer data from a major retailer. They think the results indicate current CFDs may be highly inequitable, putting the most cost on those least able to afford it. But are they right - and what is the whole picture of CFD impacts? We had thoughts!One more thingsAlison's One More Thing is the CEFC's annual report, featuring some big numbers (and big context) for the capital needed for clean industry.Tennant's One More Thing is: “The momentum of the solar energy transition” by Nijsse et al, in Nature Communications - which offers updated Business As Usual projections for how the world's energy systems would evolve without new policy. Luke's One More Thing is the Careers for Net Zero Campaign, a big national effort to highlight the urgent need to ramp up the capability and capacity of the clean economy workforce – featuring our very own Francesca Muskovic!Equitably share the wealth of your thoughts and paper suggestions with mailbag@letmesumup.net or @LukeMenzel, @TennantReed, @alison_reeve (or @tennantreed.bsky.social and @reevealison.bsky.social for hipsters) and @FrankieMuskovic.

We are pleased to welcome back to this week's Follower Friday, Jack Doueck from the Energy Marketing Conferences.  Today Jack will discuss everything going on at EMC20 in NYC on October 17-18 at the Marriott Marquis. This conference titled, “Understanding the Energy Customer of Tomorrow,” will feature keynote speaker Deryl … The post EMC20 and the Retail Electricity Markets Back In New York appeared first on eRENEWABLE.

In this episode of "Insider's Guide to Energy," host Chris Sass engages in a dynamic conversation with John Berger, Chairman and CEO of Sonova, an innovative energy-as-a-service provider. They discuss the evolving energy landscape, the importance of decentralized systems, and the role of renewable energy and storage in creating resilient microgrids. Berger also highlights the need for consumer choice and breaking up traditional utility models to build a more sustainable and consumer-friendly energy future. Tune in to explore the transformative potential of the energy industry.

In this extended podcast, Rob Gross, Director of the UK Energy Research Centre and Malcolm Keay of the Oxford Institute for Energy Studies discuss the possible reform of UK electricity markets following the UK Government's ‘Review of Electricity Market Arrangements'. The discussion draws on Professor Gross's article ‘Arguing over the fundamentals of market reform is […] The post OIES Podcast – Review of Electricity Markets appeared first on Oxford Institute for Energy Studies.

In this podcast, David Ledesma talks to Frank Felder about how Incorporating Consumer Reliability and permitting customers to adjust their electricity consumption, based on system condition, can reduce costs and improve system reliability. Power outages and major blackouts are widespread, affecting hundreds of millions globally. There are concerns about the reliability of the electric power […] The post OIES Podcast – Incorporating Consumer Reliability Preferences in the Electricity Markets appeared first on Oxford Institute for Energy Studies.

In our latest podcast, we sat down with Rana Mukerji, NYISO's SVP of Market Structures, to learn about his journey from growing up in Calcutta, India to becoming widely regarded as one of the ­­industry's leading designers of electricity markets. We ask Rana about his past career experience working for General Electric and ABB, and how the markets must evolve to accommodate a new set of renewable resources while keeping the grid reliable.Wholesale competitive electricity markets are an essential component of grid reliability in New York. Markets play a critical role in reconciling supply with demand which must be in perfect balance at all times. As decarbonization policies drive an increase in intermittent, weather-dependent energy such as wind and solar, it has never been more important to understand markets' contribution to reliability. There are few people more qualified to explain this evolution than NYISO Senior Vice President of Market Structures Rana Mukerji. Rana was instrumental in the early research and data simulation that informed the structure of markets in New York. This edition of our Power Trends podcast is a master class on the wholesale electricity markets that the New York ISO administers and how the energy, capacity, and ancillary markets work together.Mukerji identifies two primary shifts affecting the market. First, new renewable resources coming onto the grid are driving down energy prices because of their low variable costs – particularly because they have essentially no fuel costs. At the same time, the system is becoming more volatile because that supply is weather dependent. To maintain reliability, the market assigns a premium to ancillary services that can balance: “The premium value of the future energy supply is flexibility,” he explains. “We are repricing reserves to make it more attractive to perform when needed and rewarding that flexibility.” “It's going to be a vastly more complex grid, but it is going to really drive our transition to a decarbonized and sustainable future,” he adds. Rana's path to the NYISO began decades ago with his first plane ride from Calcutta, India to New York City. From there he boarded a bus to Troy, New York where he began his graduate studies in electrical engineering at Rensselaer Polytechnic Institute (RPI) on a full scholarship and later worked as an energy consultant with GE. Today, he uses his deep knowledge and experience in economics and engineering to prepare markets for the grid of the future. In this podcast, Rana explains how the markets are changing, and how to make sure the grid stays reliable as we get closer to a 2040 goal of a zero-emissions grid.Learn More Follow us on Twitter @NewYorkISO and LinkedIn @NYISO Read our blogs and watch our videos Check out our 2040 grid page

In this episode of Flanigan's Eco-Logic, Ted speaks with William Boyd, Michael J. Klein Chair, Professor of Law at UCLA School of Law, and Professor at UCLA's Institute of the Environment and Sustainability. He is also a Faculty Co-Director of the Emmett Institute on Climate Change and the Environment, and Project Lead for the Governors' Climate and Forests Task Force (GCF).William and Ted discuss his background, growing up in South Carolina. He received his B.A. from University of North Carolina, his M.A. and Ph.D. from UC Berkeley's Energy and Resources Group, and his J.D. from Stanford Law School. He then moved to Washington D.C. and worked for the World Resources Institute, and was previously a Professor of Law and a John H. Schultz Energy Law Fellow at University of Colorado Boulder School of Law. His primary research and teaching interests are in energy law and regulation, climate change law and policy, and environmental law. He continues to be actively involved in climate, energy, and environmental policy matters at multiple levels of governance. Since 2009, he has served as the Project Lead for the Governors' Climate and Forests Task Force (GCF), a unique subnational collaboration of 38 states and provinces from Brazil, Colombia, Ecuador, Indonesia, Ivory Coast, Mexico, Nigeria, Peru, Spain, and the United States that is working to develop regulatory frameworks to reduce emissions from deforestation and land use. Boyd is also the founding Director of the Laboratory for Energy & Environmental Policy innovation (LEEP), a policy innovation lab based in Boulder, Colorado that works with partners around the world to develop and support real-time policy experiments, establish robust networks for learning and exchange, and contribute to effective and durable policy outcomes.

Lawmakers, consumer advocates, independent experts, and regulators are pushing the Federal Energy Regulatory Commission to revisit the competitive power markets that dominate the US electricity system. POLITICO's Catherine Morehouse breaks down why organized competitive power markets are drawing scrutiny and what sort of solutions lawmakers are proposing. Plus, a federal court struck down an EPA rule banning the use of disposable containers for transporting hydrofluorocarbons, the potent greenhouse gas used as a refrigerant.   Catherine Morehouse is an energy reporter for POLITICO.  Josh Siegel is a congressional energy reporter for POLITICO.  Nirmal Mulaikal is a POLITICO audio host-producer. Alex Keeney is a senior audio producer at POLITICO.    For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy  

Hong Kong Exchanges and Clearing launches dual counter scheme, Heart Aerospace appoints John Slattery as non-executive chairman, Singapore to regulate electricity markets, Rolls-Royce walks away from single-aisle aircraft market, Hearst Communications among final bidders for WGSN, Walmart opens 2.2 million-square-foot fulfillment center, and Kainos CEO Brendan Mooney to step down after 22 years.

Energy markets are undergoing major changes.  Demand for electricity is increasing and at the same time supply from intermittent renewables is gaining market share. Artificial intelligence (AI) is another source of disruption for electricity markets.  To help us understand the changing market dynamics from an electricity trader perspective, our guest Cory Paddock, President and Co-Founder of GBE Energy joins the podcast. Here are some of the questions that Jackie and Peter ask Cory: How is electricity traded? As renewables gain a larger percentage of total supply, how will electricity markets be impacted? Are market reforms, such as capacity payments, needed to ensure power reliability as the share of renewables grows? What is a “duck curve”? How could AI change electricity markets? Is AI already being used? Could AI replace human electricity traders?  Content referenced in this episode: Small Vermont utility quietly builds a fleet of 4,000 Tesla Powerwalls (Electrek, Aug 22, 2022)   Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/   Check us out on social media:Twitter: @arcenergyinstLinkedIn: @ARC Energy Research InstituteInstagram: @arcenergyresearchinstituteYouTube: @arcenergyresearchinstitute9600Subscribe to ARC Energy Ideas PodcastApple PodcastsGoogle podcastsAmazon musicSpotify

learning lessons about deeply decarbonized electricity markets from around the world including optimal prices in non-convex markets, reliability insurance, and system securityFarhad Billimoria, Conleigh Byers, PhD, Ahlmahz Negash, PhD, and Paul Dockery discuss adaptation of market design for the energy transition including fat tails and increased exposure to extremes; batteries and price responsive demand; natural gas fragility and marginal pricing; and inverter-driven resources and system security. Then the team plays a new game where they synthesize expert explanations of convex vs non-convex pricing and reliability insurance. You can find the podcast on Apple Podcast, Spotify, or wherever you get your podcasts. Share with friends that are electric utility enthusiasts, like us!05:30 - Lessons Learned on deeply decarbonized electric systems from electricity markets around the world with “Handbook on Electricity Markets” and P.L. Joskow's “From hierarchies to markets and partially back again in electricity: responding to decarbonization and security of supply goals” as background07:06 - Lesson 1: natural gas fragility and marginal pricing17:20 - Lesson 2: batteries and price responsive demand24:23 - Lesson 3: fat tails and increased exposure to extremes38:20 - Lesson 4: Inverter based grids and system security (synchronous condensers and grid inertia)48:15 - Wonky energy game synthesizing expert explanations Farhad Billimoria provides a 2 minute 20 second explanation of A reliability insurance overlay on energy-only electricity markets1; followed by the rest of the crew's interpretation Conleigh Byers, PhD, provides a 2 minute 20 second explanation of Long-run optimal pricing in electricity markets with non-convex costs2; followed by the rest of the crew's interpretation (and discussion of computational time for a solution using the Convex Hull pricing34) 1:27:36 - Ahlmahz's insightful question of the week1:32:18 - Conleigh Byers, PhD's Closing ThoughtsPublic Power Underground, for electric utility enthusiasts! Public Power Underground, it's work to watch!1 Farhad Billimoria, Rahmatallah Poudineh, Market design for resource adequacy: A reliability insurance overlay on energy-only electricity markets, Utilities Policy, Volume 60, 2019, 100935, ISSN 0957-1787, https://doi.org/10.1016/j.jup.2019.100935.2 Conleigh Byers, Gabriela Hug, Long-run optimal pricing in electricity markets with non-convex costs, European Journal of Operational Research, Volume 307, Issue 1, 2023, Pages 351-363, ISSN 0377-2217, https://doi.org/10.1016/j.ejor.2022.07.052.3 P. Andrianesis, D. Bertsimas, M. C. Caramanis and W. W. Hogan, "Computation of Convex Hull Prices in Electricity Markets With Non-Convexities Using Dantzig-Wolfe Decomposition," in IEEE Transactions on Power Systems, vol. 37, no. 4, pp. 2578-2589, July 2022, doi: 10.1109/TPWRS.2021.3122000.4 C. Byers and G. Hug, "Flexibility Compensation with Increasing Stochastic Variable Renewable Energy in Non-Convex Markets," 2022 17th International Conference on Probabilistic Methods Applied to Power Systems (PMAPS), Manchester, United Kingdom, 2022, pp. 1-6, doi: 10.1109/PMAPS53380.2022.9810627.

Rich Glick, in his first wide-ranging interview since denied a second term at the Federal Energy Regulatory Commission by Senator Joe Manchin of West Virginia, discusses the need for building out the transmission grid and for reforms to wholesale power markets to better accommodate the evolving resource mix toward more renewable, intermittent resources. Competitive wholesale power market reforms also are needed to address increasing climate-induced stresses on reliability, the former FERC chairman said."I think that some of the markets around the country, the markets operated by the RTOs and ISOs around the country, certainly need to be reformed in a way to address the change in the resource mix that we are seeing, the different challenges that we see associated with those changes, and just, again, extreme weather," Glick said. Glick appeared to indicate surprise that FERC's proposed "relatively minor change" to federal right of first refusal, or ROFR, provisions in a closely watched transmission rulemaking engendered such opposition. "There was a lot of attention paid to that provision. But I think it underscored in many ways – hid the bigger problem that I think Order 1000 left, which is guiding or directing utilities towards (building) the wrong types of transmission in order to avoid the competitive bidding process." However his former colleagues at FERC resolve the ROFR issue, he said the "concept behind competition, including in transmission, is a good one and I think will prove valuable to consumers."Asked if the 1935 Federal Power Act provides the best platform for the transition to a 21st century clean-energy grid and economy, Glick said the nearly century-old law could stand to be revisited by Congress. When Congress acted in 1935 the line between state and federal jurisdiction was "pretty clear," he said. "But over time, the line has gotten much more blurry," in large part because of the advent of distributed generation and demand response, "which FERC has acted to encourage over the last decade or so. And that's caused some friction between the state regulators and between FERC." But given politics he suggested any changes to the 87-year-old law are unlikely.Glick, who as an adviser to the late Sen. Dale Bumpers, D-Ark., in the 1990s wrote proposed legislation to require electricity competition at retail nationally, also doesn't see much prospect politically for improving the abysmal state of electricity competition for retail consumers outside of Texas. "Competition can be helpful but it's an idea I don't – I wouldn't say its time has come and gone, but it's an idea that certainly is not – there's not a lot of focus on that in most states around the country these days."The retail competition bill he drafted for Bumpers also would have required competitive regional wholesale power markets throughout the country. Asked if FERC should use its authority to require RTO or ISO markets everywhere, he noted that the West and Southeast are the only remaining areas without some form of an organized regional market. Interested parties in the West are increasingly coalescing around the establishment of enhanced market regionalization, Glick said, noting the region's increasing acceptance of market regionalization is being driven by the need to better integrate the region's vast and far-flung renewable energy resources and respond to climate change. However, he held out little prospect for improving grid regionalization in the Southeast. "I think FERC arguably has the authority, but I think it's – I'm not entirely sure the commission is going to be anytime soon focused on the Southeast. So I think it's better at this point to focus efforts to encourage greater regional efforts including RTO development in the West, where there's there seems to be some momentum for that,Support the show

Commodity Indexes with Tim Kramer,  JC Kneale and Preston Peacock: Commodity indexes have grown in popularity among institutional and private investors, tracking the prices of a diversified basket of commodities to generate returns and hedge inflation, with current allocations totaling over $1.6 trillion in assets. Despite their acceptance, many investors are unsure of how these complex indexes are constructed, how returns are generated, and who ultimately determines the commodities they comprise. Furthermore, the future of these indexes remains a topic of discussion. To gain a deeper understanding of these indexes, Tim Kramer, founder and CEO of CNIC Funds LLC, is joined by Preston Peacock, Senior Director of ICE Data Indices, and J.C. Kneale, Head of North American Power and Gas Markets for ICE, to discuss the history, evolution, construction, uses, and potential future of commodity market indices, including their new power index designed for the energy transition age.Website: http://www.cnicfunds.com/Bloomberg Tickers:ICECNPIS = ICE US Carbon Neutral Power Spot Return Index (returns on underlying electricity + carbon only)ICECNPIE = ICE US Carbon Neutral Power Excess Return Index (returns on spot + roll yield)ICECNPIT = ICE US Carbon Neutral Power Total Return Index (spot + roll + collateral yield)

In this episode, the ReSolve team is joined by Vlad Aldea and Ross Fortune from ATNV Energy LP for an insightful conversation exploring the intricacies of the electricity markets, and how their careers led to the creation of ATNV Energy. During the episode, Vlad and Ross cover a wide range of topics related to electricity markets, including: • The similarities and key differences between electricity markets and other energy commodities like natural gas and oil • The importance of a strong foundation in understanding the physical grid, including generation, load, and transmission aspects • The concept of load hedging and its relevance in the electricity market • The role of Independent System Operators (ISOs) in managing regional grids in the United States • The significance of financial transmission rights (FTRs) and their role in the electricity market • The increasing impact of storage technologies like hydro storage, pumped storage, and batteries on the electricity market • The fungibility of electrons and the accounting abstractions used in electricity markets • The challenges and opportunities in analyzing and trading within the electricity market • The evolution of ATNV Energy and its focus on transmission analysis and financial trading in the electricity market • The importance of adaptability, risk management, and collaboration in the ever-changing landscape of electricity markets • The critical role of transmission in the electricity markets and its impact on the grid's reliability and accounting   This episode is a must-listen for anyone interested in understanding the complex world of electricity markets, providing valuable insights and strategies to navigate this unique and rapidly evolving sector.   This is “ReSolve's Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management Inc.   *ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.

The Institute for Government was delighted to welcome Jonathan Brearley, Ofgem's Chief Executive Officer, for a briefing on the energy market, energy bills and a look ahead to what the coming year will mean for consumers across the UK. The event was chaired by Dr Hannah White, Director of the Institute for Government, with an opening address from Jonathan Brearley followed by a Q&A. Ofgem is the Office of Gas and Electricity Markets. It is a non-ministerial government department and an independent National Regulatory Authority. Jonathan Brearley became Ofgem's Chief Executive Officer on 3 February 2020. https://www.instituteforgovernment.org.uk/event/jonathan-brearley-ofgem

For the season finale of Fuelling the transition we are joined by Stephen Woodhouse, Director at AFRY Management Consulting. With over twenty years of experience in the energy business, Stephen specialises in changing energy markets, market design and the strategic response of commercial players.AFRY recently brought together market participants from a range of industry players to look at the proposed market design changes occurring in Great Britain. Initially looking at different aspects of market design and how a move to a centralised locational market could potentially happen, the scope was expanded after the REMA consultation. No longer looking at the formation of prices in the spot market and the extent to which we co-optimise with location systems and ancillary services, the project's scope broadened. A range of issues from the REMA consultation were explored, including how energy could be traded separately from green energy, the possibility of split markets for these services, and the form of support available for capacity and renewable generation.Listen to the latest episode as Stephen explores the key messages from the REMA consultation, his view on marginal pricing in electricity markets, and the potential for more flexible demand on the system. Hosted on Acast. See acast.com/privacy for more information.

Did you know electric power is the largest operating cost for cryptocurrency miners? Therefore, miners with the lowest power costs will have the highest margins and be in the best position to capture profits whether network hash rates rise or fall. On this episode of RENEWables, we sat down with Andrew Barth, Partner and Co-founder of CSD Energy Advisors, to understand the impacts of the crypto space and how the energy management firm uses market knowledge to guide their clients into smarter decision making, reducing costs and improving their energy management strategies for the long haul. Barth combines fifteen years of industry experience, customer service, and technology to provide client based solutions. His areas of expertise are in the planning and sourcing of commodity procurement strategies, risk management, and the development of efficiency and sustainability initiatives. Tune in and subscribe. Show Notes: CSD Energy Advisors Website CSD Energy Advisors Linked In Andrew Barth Linked In Andrew Barth email --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Energy prices are on everyone's mind lately since the Ukranian conflict began. Electricity markets have come under fire at a European level with Ursula von der Leyen saying they are no longer fit for purpose. Presumably this comment is in reference to the fact that wholesale electricity markets operate by setting the price at the cost of the most expensive unit to generate at a given moment. This guides good decision making, but has the side effect of creating windfall profits in extraordinary times such as this. So the key question is - is there a way to reduce these windfall profits for firms, transfer those returns or economic rents to consumers, be it through a transfer or changes in prices? There are many options but all may interfere with the efficient operation of the market and create unintended consequences. One key point about electricity markets is that they are complicated and a good market brings on the right generation at the right time. This is really important for short-term efficiency but also in the long run. One example of a potential unintended consequence is in relation to decarbonisation - we need the right portfolio of wind and renewables, but also storage and flexible generation to operate when wind is idle. A good market will find the best mix for us, adjustments to the market must minimise the likelihood of interfering with this. So that's the problem facing European decision-makers right now. In this episode I am joined by Bram Claeys, Senior Advisor with the The Regulatory Assistance Project (RAP), which is an independent, global NGO advancing energy policy innovation. This group have reviewed the potential options to solve this energy market conundrum, and have put forward some proposals of their own which we will discuss. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

On this episode of the Energy Security Cubed Podcast, Kelly Ogle and Joe Calnan discuss current events in energy security, including the Chilean constitutional referendum, the planned Russian oil price cap, and Liz Truss' plan to support households on energy in the UK. For the interview section of the podcast, Kelly Ogle talks with Reiner Kuhr about electricity market design, and its implications for attempts to decarbonize the grid. Guest Bio: - Reiner Kuhr is Energy Technology Economist at Center for Academic Collaboration Initiatives. Find CACI here: https://centeraci.com/ Host Bio: - Kelly Ogle is the CEO of the Canadian Global Affairs Institute What is Reiner reading? Shorting the Grid, by Meredith Angwin: https://www.amazon.com/Shorting-Grid-Hidden-Fragility-Electric/dp/1735358002 Interview recording Date: August 17, 2022. Energy Security Cubed is part of the CGAI Podcast Network. Follow the Canadian Global Affairs Institute on Facebook, Twitter (@CAGlobalAffairs), or on LinkedIn. Head over to our website at www.cgai.ca for more commentary. Produced by Joe Calnan. Music credits to Drew Phillips.

In the third episode on electricity market design, Tom and Emma ask "What is Time?". But they're not physicists, so they can't answer this question. But they can answer: What's a Settlement Period? What's an EFA Block? What do futures contracts represent? All this - and more - in the latest episode of the Substation Podcast.

Plans by Norway to impose restrictions on electricity exports if the country's hydropower reservoir levels drop below critical levels have created uproar at home and abroad. Listen to a discussion on what is currently on the table, the reaction from market participants, and the choices facing policy makers ahead of a difficult winter. What are the repercussions of limiting power flows, and is the proposal a sign that some countries are retreating into isolationist energy policies? Host: Richard Sverrisson, Editor-in-Chief, MontelGuests: Marius Holm Rennesund, Partner, Thema Consulting,                   Geir Brønmo, Principal Afry,                   Johanees Bruun, Director for Electricity Markets, Energinet. 

Morgans Research Analyst Max Vickerson gives an update on the electricity markets in Australia, including his key stocks analysis. Check out more from Morgans: Visit the Morgans website: www.morgans.com.au Check out our blog: www.morgans.com.au/Blog On Facebook: www.facebook.com/MorgansAU On Instagram: www.instagram.com/Morgans.Australia On Twitter: twitter.com/MorgansAU

Elliot Mainzer, the President and Chief Executive Officer of the California Independent System Operator (ISO), joined Crystal Ball, Matt Schroettnig, and Paul Dockery for the second installation of our Electric Market Enthusiasm series. We try to keep it light while discussing governance, transmission, price formation, stakeholder engagement, and CAISO's new five year strategic plan. To break up the heavy topics we play an intermission game!05:16 - newly released 5 year Strategic Plan14:27 - Governance, legislative change, and Concurrent Resolution 188 introduced by Assembly member Chris Holden, also, Elliot's TEDx127:27 - an Intermission Game called “better know an RTO CEO by getting them to reveal a preference of competing energy-interpreted gifs in a championship bracket” 40:36 - Transmission Planning and Elliot's “WEIM Transfer Paths” infographic51:27 - High beams on market evolution and price formation21:06:14 - the Duke Silver of Western Power MarketsYou can find our merch on shopify. You can find the podcast on Apple Podcast, Spotify, or wherever you get your podcasts. Remember to share this with any friends you have that are electric utility enthusiasts like us!Public Power Underground, for electric utility enthusiasts! Public Power Underground, it's work to watch!----------------------1 TEDxPortland 2011 - Elliot Mainzer - The Power Grid2 Mays, Jacob and Jenkins, Jesse, Electricity Markets under Deep Decarbonization (April 19, 2022). USAEE Working Paper No. 22-550, Available at SSRN: https://ssrn.com/abstract=4087528 or http://dx.doi.org/10.2139/ssrn.408752

Jacob Mays, Assistant Professor in the School of Civil and Environmental Engineering at Cornell University, answers Paul's remedial questions on how electric markets function and what the Pacific Northwest should be considering when approaching market expansion incrementally in a wide ranging and engaging conversation. Since Professor Mays is an academic, it feels fitting to include citations for the materials referenced. Please excuse any errors in citation. Mays et al., Private risk and social resilience in liberalized electricity markets, Joule (2022), https://doi.org/10.1016/j.joule.2022.01.004 Mays, Jacob and Jenkins, Jesse, Electricity Markets under Deep Decarbonization (April 19, 2022). USAEE Working Paper No. 22-550, Available at SSRN: https://ssrn.com/abstract=4087528 or http://dx.doi.org/10.2139/ssrn.4087528 Mays, J., Morton, D.P. & O'Neill, R.P. Asymmetric risk and fuel neutrality in electricity capacity markets. Nat Energy 4, 948–956 (2019). https://doi.org/10.1038/s41560-019-0476-1 F. A. Wolak, Economic and political constraints on the demand-side of electricity industry re-structuring processes, Review of Economics and Institutions 4 (1) (Feb. 2013). doi:10.5202/rei.v4i1.101.URL https://doi.org/10.5202/rei.v4i1.101 Grubert, E., & Hastings-Simon, S. (2022). Designing the mid-transition: A review of medium-term challenges for coordinated decarbonization in the United States. Wiley Interdisciplinary Reviews: Climate Change, e768. https://doi.org/10.1002/wcc.768 Mays, J., A mini-thread on my and @JesseJenkins working paper, Electricity Markets under Deep Decarbonization. (April 28, 2022). Twitter.com.  Jenkins, J., Texas's grid is straining again, as a spring heat wave finds ERCOT with about 1/3 of thermal power plants down, some for scheduled outages (prep for summer), others forced outages due to equipment failures, including 1 coal and 6 gas units. A few threads on the situation... (May 14, 2022). Twitter.com.  You can find our merch on shopify. You can find the podcast on Apple Podcast, Spotify, or wherever you get your podcasts. Remember to share this with any friends you have that are electric utility enthusiasts like us!Public Power Underground, for electric utility enthusiasts! Public Power Underground, where you're valued and appreciated.

April is Earth Month. How do we address climate change while keeping power flowing at an affordable cost? We talk to Suedeen Kelly, who served three terms at the Federal Energy Regulatory Commission, about today's big energy policy questions and how competitive power markets can meet new demand from global conflict between Russia and Ukraine, rising costs and inflation, and the push for cleaner electricity. 

Meghan Nutting's work speaks for itself; She has advocated for and contributed to numerous Solar policies and solutions over the past decade-plus. Additionally, she cut her teeth in public affairs, has worked as a Legislative Director for New York State Assembly member Linda Rosenthal, and as a Press Secretary for former U.S. Senator Olympia Snowe. She then served at SolarCity as the Director of Policy and Electricity Markets as the industry pulled out of the last recession way back in 2009. Presently, Meghan serves as the Executive Vice President of Government & Regulatory Affairs at Sunnova Energy Corporation (a leading U.S. residential solar and storage services provider.) Her background displays the considerable breadth of her experience, which lends her the unique lens to evaluate the Clean Energy industry and chart a way forward using policies that foster and secure a sustainable business environment for Solar electricity generation. It also makes for a particularly stellar episode as she is well-versed on the key issues facing this industry. We discuss: her time in public service (including her thoughts on how to unify our lobbying efforts), regulatory bottlenecks preventing progression in key markets the NEM battle in Florida how to work towards a unified vision with those "across-the-aisle" The list goes on, but I won't drop anymore spoilers! Honored to highlight the work of this longtime #SolarWarrior as another shining example of the phenomenal female leadership we have in the Solar industry as we continue to highlight Key Women in Tech this Women's History Month. Enjoy! If you want to connect with today's guest, check out the https://mysuncast.com/suncast-episodes/ (show notes) over on the blog. SunCast is presented by https://www.mysuncast.com/sungrow (Sungrow), the world's most bankable inverter brand. You can learn more about all the sponsors who help make this show free for you, here: https://www.mysuncast.com/sponsors (www.mysuncast.com/sponsors) Remember you can always find the resources and learn more about today's guest, recommendations, book links, and more than 450 other founder stories and startup advice athttps://www.mysuncast.com/ ( www.mysuncast.com). You can connect with me, Nico Johnson, on https://www.twitter.com/nicomeo (Twitter), https://www.linkedin.com/in/nickalus/ (LinkedIn) or email.

Meghan Nutting's work speaks for itself; She has advocated for and contributed to numerous Solar policies and solutions over the past decade-plus. Additionally, she cut her teeth in public affairs, has worked as a Legislative Director for New York State Assembly member Linda Rosenthal, and as a Press Secretary for former U.S. Senator Olympia Snowe. She then served at SolarCity as the Director of Policy and Electricity Markets as the industry pulled out of the last recession way back in 2009. Presently, Meghan serves as the Executive Vice President of Government & Regulatory Affairs at Sunnova Energy Corporation (a leading U.S. residential solar and storage services provider.) Her background displays the considerable breadth of her experience, which lends her the unique lens to evaluate the Clean Energy industry and chart a way forward using policies that foster and secure a sustainable business environment for Solar electricity generation. It also makes for a particularly stellar episode as she is well-versed on the key issues facing this industry. We discuss: her time in public service (including her thoughts on how to unify our lobbying efforts), regulatory bottlenecks preventing progression in key markets the NEM battle in Florida how to work towards a unified vision with those "across-the-aisle" The list goes on, but I won't drop anymore spoilers! Honored to highlight the work of this longtime #SolarWarrior as another shining example of the phenomenal female leadership we have in the Solar industry as we continue to highlight Key Women in Tech this Women's History Month. Enjoy! If you want to connect with today's guest, check out the https://mysuncast.com/suncast-episodes/ (show notes) over on the blog. SunCast is presented by https://www.mysuncast.com/sungrow (Sungrow), the world's most bankable inverter brand. You can learn more about all the sponsors who help make this show free for you, here: https://www.mysuncast.com/sponsors (www.mysuncast.com/sponsors) Remember you can always find the resources and learn more about today's guest, recommendations, book links, and more than 450 other founder stories and startup advice athttps://www.mysuncast.com/ ( www.mysuncast.com). You can connect with me, Nico Johnson, on https://www.twitter.com/nicomeo (Twitter), https://www.linkedin.com/in/nickalus/ (LinkedIn) or email.

Research professor in the School of Engineering, Design and Computing at the University of Colorado-Denver, co-director of the Institute for Regulatory Law & Economics, and senior fellow at the Fraser Institute, Lynne Kiesling, joins me this week to talk about the role electricity markets play in incentivizing business and the multifaceted policy implications that come with them. We even discuss the famed "War of the Currents". See omnystudio.com/listener for privacy information.

Accelerating a global clean energy transition has never been more vital to curbing the worst impacts of climate change, but greenhouse gas emissions and the use of hydrocarbons continues to rise.  And even as several global fossil fuel giants announce clean energy initiatives, net zero timelines, and carbon capture projects, they continue to invest in oil and gas.  For a closer look at the role that legacy fossil fuel companies can and should play in the clean energy transition moving forward, Host Jason Bordoff spoke with Laszlo Varro — Vice President of Global Business Environment at Shell.  Before taking this position, he spent a decade at the IEA as Head of Gas, Coal and Electricity Markets and then as the organization's Chief Economist.  They spoke about his take on the IEA's outlook on the transition, natural gas as a bridge fuel and how traditional oil companies like Shell are responding to growing consumer demand for a clean transition.

Who will pay for the electric grid of the future? The Federal Energy Regulatory Commission explores options to incentivize and finance a vast transmission network to support clean energy.---Much of the fossil fuel generation fleet in the United States will be replaced by renewable energy resources as the country's electricity system is decarbonized. Yet it remains unclear how the vast network of high-voltage transmission lines needed to connect clean energy resources will be planned and paid for. Marc Montalvo, president and CEO of Daymark Energy Advisors and former director of risk management and market development at ISO New England, looks at why existing means of planning electric transmission are not up to the task of delivering a low-carbon grid. He also discusses recent action by the Federal Energy Regulatory Commission, the nation's electric grid regulator, to explore ways to incentivize the construction of new transmission and support the expansion of renewable energy. Marc Montalvo is president and CEO of Daymark Energy Advisors. Mark has 25 years of market and regulatory experience in the electricity industry, including in senior roles at ISO New England. Related ContentMassive Shift toward Solar Power Begins in Largest U.S. Electricity Market https://kleinmanenergy.upenn.edu/podcast/massive-shift-toward-solar-power-begins-in-largest-u-s-electricity-market/The Opportunities and Limitations of Seasonal Energy Storage https://kleinmanenergy.upenn.edu/research/publications/the-opportunities-and-limitations-of-seasonal-energy-storage/Why Is It So Hard to Build the Electric Grid of the Future? https://kleinmanenergy.upenn.edu/podcast/why-is-it-so-hard-to-build-the-electric-grid-of-the-future/

Dr Jan Rosenow joins us on the first day of CoP26 to talk about the decarbonisation of our buildings and how we transition to zero carbon heating. The conversation includes the electrification of heat and how we ensure a just transition.As the director of European programmes, Dr. Jan Rosenow leads RAP's initiatives in Europe on power market design and Efficiency First. He is responsible for all aspects of leadership, management, and financial viability of RAP's work in Europe.Dr. Rosenow serves on the Executive Committee of the International Energy Agency's demand-side management program and sits on the board of the European Council for an Energy Efficient Economy. He has also advised the International Energy Agency, the European Commission, the European Parliament, the U.S. Agency for International Development, the German Corporation for International Cooperation (GIZ), government departments in a number of countries, and the UK's Office of Gas and Electricity Markets, as well as serving as an expert witness on several occasions to the British Parliament. He was the lead author of the International Energy Agency's global assessment of market-based instruments for energy efficiency.Dr. Rosenow also has a strong track record in energy research. He is an honorary research associate at Oxford University's renowned Environmental Change Institute. He has authored more than 70 publications in the form of peer-reviewed papers, technical reports, and conference papers. He has also served as an expert witness to the House of Commons.In 2020, Dr. Rosenow was elected to be a fellow of the Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA) in light of his “longstanding dedication to moving the UK towards a more sustainable and resilient energy future.”Prior to his engagement with RAP, he worked closely with the European Commission's Directorate-General for Energy through his policy work for the global consultancy Ricardo. Dr. Rosenow earned several post-graduate qualifications, including a master's degree in environmental policy and regulation from the London School of Economics and a doctorate from Oxford University.

This episode is also available as a blog post: http://donnyferguson.com/2021/10/01/ferc-commissioner-dem-energy-scheme-like-dropping-h-bomb-into-electricity-markets/ --- Send in a voice message: https://anchor.fm/donny-ferguson/message

Electricity is a quirky commodity: more often than not, it cannot be stored, easily transported, or imported from overseas. Before lighting up our homes, it changes hands through specialized electricity markets that rely on engineering expertise to trade competitively while respecting the physical requirements of the electric grid. The Current Economy: Electricity Markets and Techno-Economics (Stanford UP, 2021) is an ethnography of electricity markets in the United States that shows the heterogeneous and technologically inflected nature of economic expertise today. Based on ethnographic fieldwork among market data analysts, electric grid engineers, and citizen activists, this book provides a deep dive into the convoluted economy of electricity and its reverberations throughout daily life. Canay Özden-Schilling argues that many of the economic formations in everyday life come from work cultures rarely suspected of doing economic work: cultures of science, technology, and engineering that often do not have a claim to economic theory or practice, yet nonetheless dictate forms of economic activity. Contributing to economic anthropology, science and technology studies, energy studies, and the anthropology of expertise, this book is a map of the everyday infrastructures of economy and energy into which we are plugged as denizens of a technological world. This interview is part of an NBN special series on “Mobilities and Methods.” Canay Özden-Schilling is Assistant Professor of Anthropology at the National University of Singapore. Alize Arıcan is an incoming Postdoctoral Fellow at Rutgers University's Center for Cultural Analysis. She is an urban anthropologist focusing on futurity, care, and migration in Turkey. Her work has been featured in Current Anthropology, City & Society, Radical Housing Journal, and entanglements: experiments in multimodal ethnography. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/anthropology

Dr Mahesh Patankar is a Founder and Managing Director of MPEnsystems Private Limited. In this episode of 'Understanding the Future of Electricity Markets', with Dr Mahesh Patankar, we explore the topic of electricity markets in India, their transmission infrastructure as well as how do they function. In this episode, we start the conversation by understanding how electricity is transmitted in India as well as what is its governance mechanism. We further dive into the changing landscape of transmission with the increasing share of renewable energy installed and digitisation of the ecosystem. We also explore the topic of electricity markets with respect to Indian Energy Exchange Limited and Power Exchange India Limited and their recent developments. Additionally, we understand the concepts of forecasting of generation and consumption in the electricity markets as well as how open is the ecosystem for innovation. At last, we discuss the skills that would be required to work in the sector of electricity markets. You can listen to the podcast on Spotify, Apple Podcasts, Google Podcasts, Gaana, JioSaavn & Youtube. Also, follow Climate Centre for Cities on Social Media for more updates on podcasts, blogs and newsletters. Respective links can be accessed here: https://linktr.ee/ccube To know more about the Climate Centre for Cities: http://c-cube.niua.org/ Special thanks to the members of the Design Team, National Institute of Urban Affairs (NIUA) and Climate Centre for Cities for constant support. Conceptualized, Produced & Hosted by Punit Gandhi: https://www.punitgandhi.com/ Music Credits: https://josephmcdade.com/ Disclaimer: Climate Centre for Cities (C-Cube) is providing this podcast as a public service, but it is neither a legal interpretation nor a statement of C-Cube's policy. Reference to any specific product or entity does not constitute an endorsement or recommendation by the C-Cube. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by C-Cube employees are those of the employees and do not necessarily reflect the view of the C-Cube or any of its officials. --- Send in a voice message: https://anchor.fm/climate-centre-for-cities/message

Emmet sits down with economic historian Edgardo Sepulveda (https://twitter.com/E_R_Sepulveda) to talk about the history of the electrical grid in America from the 1920s until the closure of Indian Point. They talk vertical integration, the dawn of public utilities, the rise of monetarism and neoliberalism, the birth of the RTO system, and whether or not it's feasible to reform this precious infrastructure in an age of diminishing expecations and possibilities. Bibliography (https://exhaust.fireside.fm/articles/ep41bib). Twitter (https://twitter.com/ex_haustpodcast). Subscribe to our Patreon for 2 exclusive episodes a month (https://www.patreon.com/exhaust)! Closing Song: "OK FM DOA (https://dillingerfour.bandcamp.com/album/midwestern-songs-of-the-americas)" by the Dillinger Four

Show #1093. Today’s big EV stories:·       Chevy Bolt EV Sales Jump 54 Percent During Q1 2021·       Tesla is reportedly testing Luminar’s laser sensors·       Tesla has over 1 million Cybertruck reservations·       VW Could Move To Online Car Sales·       Ofgem invests £300m into EV charge points·       PEUGEOT e-Boxer priced from £49,335 in the UK·       Largest Order Of Electric School Buses In North America·       Jeep Wrangler 4xe PHEV Cheaper To Lease Than Gas-Only Model·       Hybrid-electric motorcycle uses a supercapacitor to boost its range·       F-150 Pro Extended Range Price If you get any value from this podcast please consider supporting my work on Patreon here. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Tuesday 25th May. It’s Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they’ve built the first marketplace specifically for Electric Vehicles. It’s a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. CHEVY BOLT EV SALES JUMP 54 PERCENT DURING Q1 2021"Chevy Bolt EV sales increased in the United States, Canada, and Mexico while decreasing in South Korea and Brazil during the first quarter of 2021. In the United States, Chevrolet Bolt EV deliveries totaled 9,025 units in Q1 2021, an increase of about 54 percent compared to 5,873 units sold in Q1 2020." reports GM Authority: "Low Chevy Bolt EV sales volume has typically been an area of concern given GM’s EV-focused strategy, which calls for launching 30 electric vehicles by the year 2025. As a result, the vehicle’s overly positive sales performance during Q1 2021 represents a glimmer of hope that sales will continue to rise not just for the Bolt, but for EVs as a whole.  The Bolt EV will receive a thorough refresh that will launch mid-2021 as a 2022 model year vehicle. Updates to the model include new front and rear fascias, along with various improvements to the interior.  At the same time, it be joined by a new sibling model called Bolt EUV." https://gmauthority.com/blog/2021/05/chevrolet-bolt-ev-sales-numbers-figures-results-first-quarter-2021-q1/ TESLA IS REPORTEDLY TESTING LUMINAR’S LASER SENSORS"A Tesla Model Y was photographed in Florida sporting rooftop lidar sensors made by buzzy sensor manufacturer Luminar. The sighting caused a bit of a stir among Tesla watchers, given Tesla CEO Elon Musk’s well-established disdain for the laser sensors commonly used by autonomous vehicle companies to create 3D maps of their environment." says The Verge: "Tesla has reportedly entered a partnership with Luminar to use lidar for “testing and developing,” according to Bloomberg. What exactly this partnership entails we don’t know for sure — neither company is commenting. But it could point to some shortcomings in the technology Tesla is using to power its “Full Self-Driving” driver assist feature.  the Model Y was sporting a manufacturer’s license plate that is registered to Tesla in California. The same plate has been spotted on other Tesla vehicles, including a prototype of the Cybertruck." Or...it could be for validation of their vision-based system? https://www.theverge.com/2021/5/24/22451404/tesla-luminar-lidar-elon-musk-autonomous-vehicles TESLA HAS OVER 1 MILLION CYBERTRUCK RESERVATIONS"Tesla has already accumulated over 1 million Cybertruck reservations, according to the latest tally. The tally also keeps track of the different trims, and the mix has stayed consistent with 48% for the Dual Motor, 44.5% for the Tri Motor, and only 7.5% of reservation holders are ordering the base single-motor version." according to a crowdsourced tracker of VIN numbers says electrek:" Musk also warned that delays are possible as Tesla is still working on building Gigafactory Texas, where the Cybertruck is going to be produced, and the company would face challenges since the electric pickup truck is designed with an exoskeleton." https://electrek.co/2021/05/25/tesla-cybertruck-reservations-1-million-electric-pickup-trucks/ VW COULD MOVE TO ONLINE CAR SALES"VW Group boss Alex Smith has written to car dealers to tell them an agency sales model is being considered. Affecting dealers across the group’s brands – which include Volkswagen, Audi, Seat and Skoda – the letter says the group is planning to introduce an agency sales model for electric vehicles. This is thought to be a precursor to a wider roll out of agency sales across the VW Group on its other models." says Car Dealer MAgazine: "Agency models see car dealers paid a handling fee for dealing with new car sales.  The manufacturer sells the cars directly to consumers via its main website. In a leaked letter marked ‘highly confidential’, the manufacturer told its ‘investors’ that a retail agency model for battery electric vehicles (BEV) is being planned. It says the model will be introduced for VW, Skoda, Cupra, Seat VW Commercial and Audi." https://cardealermagazine.co.uk/publish/leaked-letter-reveals-vw-group-is-considering-an-agency-sales-model-across-its-brands/223770 OFGEM INVESTS £300M INTO EV CHARGE POINTS"The Office of Gas and Electricity Markets, also known as Ofgem, has invested £300m into expanding the UK’s electric vehicle (EV) charging network today, to push the pedal on the country’s low carbon future." according to CityAM: " 1,800 new charge points across motorway service areas and key trunk road spots. The investment will triple the current network, Ofgem said. Meanwhile, a further 1,750 charge points will be backed in towns and cities. Delivered by Britain’s electricity networks, the network investment marks a firm bid in the UK’s climate commitments ahead of hosting the UN’s flagship climate conference, COP26." https://www.cityam.com/ofgem-invests-300m-into-ev-charge-points-with-40bn-more-to-come/ PEUGEOT E-BOXER PRICED FROM £49,335 IN THE UKPEUGEOT has opened reservations for the new e-Boxer van, the brand’s largest full electric Light Commercial Vehicle (LCV). Available to order now, the PEUGEOT e-Boxer is available with two battery options and comes in three lengths to suit a variety of needs for both business and private users. Prices for the new PEUGEOT e-Boxer start from £49,335 (excluding VAT, after PiVG).The L2 length comes with a 37kWh unit, while L3 and L4 versions feature a larger, 70kWh battery. Both lithium-ion batteries are connected to a 90kW electric motor.73 miles or 139 miles. LARGEST ORDER OF ELECTRIC SCHOOL BUSES IN NORTH AMERICA"The largest student transportation provider in North America, First Student, recently placed the largest order of electric school buses with Lion Electric Company. " says Clean Technica: "Lion manufactures both all-electric medium- and heavy-duty urban vehicles, and together the two companies announced the order. First Student is ordering 260 all-electric LionC school buses. This is a huge win for fleet electrification and especially for the local kids since these new buses will not pollute the air students breathe as they board, deboard, and ride the buses like fossil fuel buses do." https://cleantechnica.com/2021/05/23/largest-order-of-electric-school-buses-in-north-america-placed-by-first-student/ JEEP WRANGLER 4XE PHEV CHEAPER TO LEASE THAN GAS-ONLY MODEL"Lease deals can be tricky and misleading. You have to read the fine print carefully. However, in the case of Jeep's current leasing incentive on the all-new Wrangler 4xe plug-in hybrid, it seems the deal is real, and it works out to be a much better value than the traditional gas-only Wrangler." writes InsideEVs: "Jeep is leasing the 2021 Wrangler Unlimited Sahara 4xe for just $249 per month for 36 months with $3,999 due at signing. This rate is for California, but the deal is similar in other areas. For comparison, the gas-only Wrangler starts at less than $30,000. However, the cheapest lease deal on a Wrangler without a plug comes in at over $300 per month with about $4,000 down. This is for a Wrangler with an MSRP that's $11,000 less than the 4xe." https://insideevs.com/features/509263/jeep-wrangler-4xe-cheap-lease/ HYBRID-ELECTRIC MOTORCYCLE USES A SUPERCAPACITOR TO BOOST ITS RANGE"French company Nawa plans to manufacture a prototype of its Racer hybrid motorcycle that uses a supercapacitor to bolster its range. The company says using a 9 kWh lithium battery could provide about 110 miles of range, but adding a proposed 0.1 kWh ultracapacitor would increase that to 180 miles as well as boost peak power output" says Inputmag.com: "Supercapacitors are batteries with high voltage limits that can fill and drain electricity quickly, faster than lithium-ion batteries found in electric vehicles. They’re large and expensive though.  Supercapacitors could act as a cushion, capturing more regenerative energy and also reducing stress on the main battery when the driver hits on the throttle." https://www.inputmag.com/tech/audi-is-testing-ev-charging-stations-that-store-energy-in-batteries-charged-overnight F-150 PRO EXTENDED RANGE PRICEArsTechnica picked up something I missed which was the price jump from 230 miles to 300 miles for the fleet-based F-150 Pro: "What we didn't know was how much of a premium Ford would charge for the extended-range version. This model is capable of about 300 miles on a single charge and will be supplied with a 240 V, 80 A charger (called the Charge Station Pro) that can fill the battery to 100 percent in eight hours. As it turns out, the electric pickup with the bigger battery will go on sale at $49,974 before incentives and tax credits." https://arstechnica.com/cars/2021/05/ford-reveals-pricing-for-the-f-150-lightning-pro-work-truck/ QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM Do you have an opinion on hydrogen power for personal transport? Yes or No, both good answers, and if yes then what do you think? Email me your thoughts and I’ll read them out on Sunday – hello@evnewsdaily.com   It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And  if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I’ll catch you tomorrow and remember…there’s no such thing as a self-charging hybrid. PREMIUM PARTNERSPHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBYPORSCHE OF THE VILLAGE CINCINNATIAUDI CINCINNATI EASTVOLVO CARS CINCINNATI EAST NATIONALCARCHARGING.COM and ALOHACHARGE.COM DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNELRICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UKEMOBILITYNORWAY.COM/

Frank Lacey,  president and founder of Electric Advisors Consulting, explains how retail electricity competition in the dozen of so states outside of Texas is failing consumers, the economy and the environment. Lacey also explains how static comparisons of monopoly utility electricity prices with those offered by competitive suppliers, as is in vogue among some state officials to argue against competitive electricity supply for residential consumers, is fundamentally misleading. We also talk about Who's the Buyer?, a paper Lacey co-wrote last year with Rob Gramlich, founder and president of Grid Strategies. The paper on behalf of the Wind Solar Alliance details how keeping utilities involved in supplying electricity in competitive retail markets is serving as a disincentive for the adoption of renewable energy and other innovative technologies we will need to meet the Biden administration's goal of a zero-emissions grid by 2035.Support the show

Justin's monthly conversations with Bryce Ward continue. This month they are joined by Peter Larsen, Staff Scientist and Deputy Leader in the Electricity Markets and Policy Department at the Lawrence Berkeley National Laboratory. Peter conducts research and analysis on the economics of electricity reliability and resilience. He's also an expert on risk to infrastructure from extreme events. He holds a Ph.D. in management science and engineering from Stanford, masters degrees from Stanford and Cornell and studied economics as an undergraduate student at the University of Montana. Transcript available here: https://umt.box.com/s/jtvyowei5jazfcfpervmjle6d6133xpj

Seth Paskin '90 interviewed Mitzi Zitler '19 back in fall of 2019 about her thesis work investigating the wholesale electricity market in Oregon, and some of its interactions with California markets. Mitzi's thesis title: "Econometric analysis of real-time wholesale electricity prices at major west coast trading hubs".

An Experimental Comparison of Carbon Pricing Under Uncertainty in Electricity Markets, Emissions Uncertainty and Environmental Market, Wholesale Market Design, and Transmission Planning Prof. Frank Wolak is Professor of Commodity Price Studies in the Economics Department, Director of the Program on Energy and Sustainable Development and Co-Director of the Natural Gas Initiative at Stanford University. Prof. Wolak has worked on the design and regulatory oversight of the electricity markets internationally throughout Europe, Australia/Asia, Latin America, and Africa. He was also a member of the Emissions Market Advisory Committee (EMAC) that advised the California Air Resources Board on the design and monitoring of the state's cap-and-trade market for Greenhouse Gas Emissions. --- Send in a voice message: https://anchor.fm/scientificsense/message Support this podcast: https://anchor.fm/scientificsense/support

Decarbonisation, decentralisation and digitalisation are driving a profound change in Great Britain's electricity resource mix. The market needs to provide clear signals about the most efficient way to operate and develop the system, yet the shifts in the resource mix will change the dynamics of how signals are formed and may highlight weaknesses in the current market design. AFRY Management Consulting have been working with the Energy Systems Catapult on their Rethinking Electricity Markets initiative, which is developing proposals for reforming electricity markets so that they best enable innovative, efficient, whole energy system decarbonisation. In this episode George Day and Sarah Keay-Bright, from the Energy Systems Catapult, and Gareth Davies, Director at AFRY Management Consulting, join us to discuss a potential framework for electricity market design. Read the full report: https://afry.com/en/newsroom/news/rethinking-electricity-market-design-time-change-in-changing-times See acast.com/privacy for privacy and opt-out information.

COVID-19 has resulted in significant decreases in demand for electricity, primarily due social distancing and quarantine policies. Glen Swindle, Managing Partner at Scoville Risk Partners, an energy analytics firm, joins us to take a deeper dive into the impact of COVID-19, and to look at other uncertainty factors driving electricity markets today. Glen will also discuss how markets may adapt to meet new challenges in this ever-changing field.    Glen Swindle, Managing Partner, Scoville Risk Partners  Glen Swindle is Managing Partner at Scoville Risk Partners, an energy analytics firm. Glen has held senior positions at Constellation Energy from 2000 to 2004 where he ran the Strategies group for the merchant energy business and at Credit Suisse from 2004 to 2012 where he was co-head of electricity and natural gas trading. Previously he held tenured positions at UCSB and Cornell University, in addition to adjunct positions at New York University and Rutgers. Glen is the author of Valuation and Risk Management in Energy Markets (Cambridge University Press, 2014) and Natural Gas Trading in North America (Scoville Risk Partners, 2018). He holds a Ph.D. in Applied Mathematics from Cornell University, an M.S.E. in Mechanical Aerospace Engineering from Princeton, and a B.S. in Mechanical Engineering from Caltech. 

In this week’s episode, Aurora’s CEO John Feddersen is joined by his compatriot Paul Simshauser, Chief Executive of Powerlink Queensland, a major electricity transmission operator in Australia. Paul is also a Professor of Economics at Griffith University and was formerly the head of a major Government energy department. John and Paul discuss: • The global history of power markets' privatisation • Centralised and dispatchable generation in the future energy system • Negative emissions technologies, hydrogen, and batteries owned and operated by networks

This week the team highlights new articles focusing on impacts the COVID-19 pandemic has had on energy markets and global production, as well as recent developments in nuclear energy and a review of Michael Moore's recent documentary Planet of the Humans. Links • ARTICLE EIA Lowers Oil Production Forecast for 2020 and 2021; Coal Loses Share in Electricity Markets: https://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/eia-lowers-oil-production-forecast-for-2020-and-2021-coal-loses-share-in-electricity-markets/ • ARTICLE IEA U.S. Driving Miles Fall by Two-Thirds Due to Coronavirus Pandemic: https://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/u-s-driving-miles-fall-by-two-thirds-due-to-coronavirus-pandemic/ • ARTICLE U.S. Oil Producers Cut Production; Storage Close to Capacity: https://www.instituteforenergyresearch.org/fossil-fuels/u-s-oil-producers-cut-production-storage-close-to-capacity/ • ARTICLE New Alloy Has Important Implications for Advanced Nuclear: https://www.instituteforenergyresearch.org/nuclear/new-alloy-has-important-implications-for-advanced-nuclear/ • ARTICLE We Disagree with You, So Shut Up: https://www.instituteforenergyresearch.org/renewable/we-disagree-with-you-so-shut-up/ • BLOG IER's latest analysis of COVID-19's impacts on world energy: https://www.instituteforenergyresearch.org/tag/covid-19/

Heat Pumps are the topic on the second podcast recorded via Zoom on lockdown. However, this is the first episode to ever be uploaded to youtube which you can fine here https://youtu.be/HynxIiEuP1YNathan chats to UK heating engineer Lee Fischer who is based in Lincoln, regular guest Richard Lowes and Jan Rosenow Principal and European Programme Directorat the Regulatory Assistance Project (RAP)Dr. Rosenow serves on the Executive Committee of the International Energy Agency’s demand-side management program and sits on the board of the European Council for an Energy Efficient Economy. He has also advised the International Energy Agency, the European Commission, the European Parliament, the U.S. Agency for International Development, the German Corporation for International Cooperation (GIZ), government departments in a number of countries, and the UK’s Office of Gas and Electricity Markets, as well as serving as an expert witness on several occasions to the British Parliament. He was the lead author of the International Energy Agency’s global assessment of market-based instruments for energy efficiency.

For a full transcript of this episode click here http://eelp.law.harvard.edu/wp-content/uploads/Ari-and-Jason-Burwen-Transcript-Final.pdf Ari Peskoe talks with Jason Burwen, vice president for policy at the US Energy Storage Association. They discuss new electricity market rules that aim to pay storage resources for the value they provide to our energy system. https://eelp.law.harvard.edu/2020/01/cleanlaw-ari-peskoe-with-jason-burwen-on-electricity-markets-and-storage/

The ANU Energy Update is the ECI's annual flagship event - a one-day summit that brings together energy researchers, policymakers, industry and the public to provide an overview of the latest world energy trends. This day features national and international presenters from government, research and the private sector discussing a range of energy issues including global and regional outlooks, new technologies, energy security, energy access and energy productivity.

Decarbonizing our electricity and transportation sectors will require large deployments of wind, solar, and storage. Ranjit Deshmukh develops models for planning and operations of low carbon electricity grids and analyzes tradeoffs between economic, environmental, and social objectives for regions in the U.S., India, and Africa. These models optimize wind, solar, and other generation, demand, and storage resources for region-specific conditions including spatial and temporal variability of renewable resources. Series: "Institute for Energy Efficiency" [Show ID: 35165]

Decarbonizing our electricity and transportation sectors will require large deployments of wind, solar, and storage. Ranjit Deshmukh develops models for planning and operations of low carbon electricity grids and analyzes tradeoffs between economic, environmental, and social objectives for regions in the U.S., India, and Africa. These models optimize wind, solar, and other generation, demand, and storage resources for region-specific conditions including spatial and temporal variability of renewable resources. Series: "Institute for Energy Efficiency" [Show ID: 35165]

Decarbonizing our electricity and transportation sectors will require large deployments of wind, solar, and storage. Ranjit Deshmukh develops models for planning and operations of low carbon electricity grids and analyzes tradeoffs between economic, environmental, and social objectives for regions in the U.S., India, and Africa. These models optimize wind, solar, and other generation, demand, and storage resources for region-specific conditions including spatial and temporal variability of renewable resources. Series: "Institute for Energy Efficiency" [Show ID: 35165]

Decarbonizing our electricity and transportation sectors will require large deployments of wind, solar, and storage. Ranjit Deshmukh develops models for planning and operations of low carbon electricity grids and analyzes tradeoffs between economic, environmental, and social objectives for regions in the U.S., India, and Africa. These models optimize wind, solar, and other generation, demand, and storage resources for region-specific conditions including spatial and temporal variability of renewable resources. Series: "Institute for Energy Efficiency" [Show ID: 35165]

Decarbonizing our electricity and transportation sectors will require large deployments of wind, solar, and storage. Ranjit Deshmukh develops models for planning and operations of low carbon electricity grids and analyzes tradeoffs between economic, environmental, and social objectives for regions in the U.S., India, and Africa. These models optimize wind, solar, and other generation, demand, and storage resources for region-specific conditions including spatial and temporal variability of renewable resources. Series: "Institute for Energy Efficiency" [Show ID: 35165]

Decarbonizing our electricity and transportation sectors will require large deployments of wind, solar, and storage. Ranjit Deshmukh develops models for planning and operations of low carbon electricity grids and analyzes tradeoffs between economic, environmental, and social objectives for regions in the U.S., India, and Africa. These models optimize wind, solar, and other generation, demand, and storage resources for region-specific conditions including spatial and temporal variability of renewable resources. Series: "Institute for Energy Efficiency" [Show ID: 35165]

This Thursday’s EnergyTradeoffs.com podcast episode features Stanford’s Frank Wolak talking with David Spence about his research on “Market Solutions to Reliability Challenges in Electricity Markets.” Frank explains different approaches to ensuring the reliability of the electric grid, including Texas’s approach of allowing very high prices during periods of peak demand to encourage sufficient power supply—an approach that has been repeatedly tested during hot weather

Paul Joskow and Richard Schmalensee on the history and future of electricity markets. Show notes and transcript: https://energy.mit.edu/podcast/14 Sign up for notifications of new episodes: https://energy.mit.edu/podcast#signup

At the SmartNet Project Final Workshop in Arona, we had the chance to interview Peter Nemcek from Cybergrid, one of the Advisory Board members of the SmartNet project. In this podcast, Peter underlines that the promising results of the SmartNet and its pilot projects prove that we can address the most important issues raised by intermittent renewables and this takes us one big step closer to better coordination between TSO and DSO and the future of energy markets. For more information on the SmartNet Project, visit: http://smartnet-project.eu/

At the FSR Global Forum (25-28 March) Tim Schittekatte, researcher at the Florence School of Regulation, interviewed Dr Anoop Singh who leads the Centre for Energy Regulation (CER) within IIT Kanpur, India. In this podcast, firstly, it is questioned whether national reforms (i.e. liberalization) is a necessary precondition to allow for regional integration of electricity markets. Dr Singh argues that we do not have to wait for national reforms; these reforms might take too long. A better option is to start with bilateral agreements, which will quickly show benefits. These experiences will quickly illicit interest from other stakeholders which can join the project later. Secondly, it is mentioned that only a minimum set of requirements need to be met to allow for such bilateral electricity trade agreements. National markets may be gradually reformed to increase the benefits of electricity market integration. Finally, Dr Singh explains that currently, India is successfully trading electricity with Nepal, Bhutan and Bangladesh.

Our Electricity Law Initiative Director Ari Peskoe interviews Jesse Jenkins, a post-doctoral fellow at the Harvard University Center for the Environment. Ari and Jesse discuss fundamental principles of electricity market design and whether these principles will continue to apply to a low-carbon grid with high levels of wind and solar. Visit our website at https://eelp.law.harvard.edu/ Full transcript available here http://eelp.law.harvard.edu/wp-content/uploads/CleanLaw-8-Ari-Jesse-Jenkins-Renewables-and-Electricy-Mkts.pdf

Nicolò Rossetto (FSR) and Dr Carlo Stagnaro (Istituto Bruno Leoni, IBL) reflect on the potential benefits of competition in retail electricity markets and briefly discuss the situation in Italy, where a standard regulated offer, called “Maggior Tutela” in Italian, is available to households and small companies. According to Dr Stagnaro, the offer’s design nurtures consumers’ inertia and market concentration, limiting the ability and willingness of energy suppliers to develop innovative solutions and products. A proposal to accelerate the transition to a genuinely competitive and dynamic retail market is presented at the end. Interested in learning more about the Italian situation and the policy proposal? Read the recently published FSR working paper on the topic: http://fsr.eui.eu/publications/managing-the-liberalization-of-italys-retail-electricity-market-a-policy-proposal/

Abigail Krich, founder and president of Boreas Renewables, LLC, explores the innate incompatibilities between New England’s push towards clean energy and its current wholesale electricity market design. Full video and 3 questions with Krich: https://energy.mit.edu/news/3-questions-new-englands-wholesale-electricity-markets Transcript: https://energy.mit.edu/news/3-questions-new-englands-wholesale-electricity-markets#transcript Sign up for notifications of new episodes: https://energy.mit.edu/podcast#signup

“Giving consumers the choice of which energy provider to choose is not a sufficient condition. We have to ensure that these energy providers compete in an effective manner so that consumers pay the right prices for electricity.” Competition in electricity markets is the subject of the podcast with Natalia Fabra, specialised in Industrial Organisation mainly in matters of regulation and competition in electricity markets. Natalia Fabra is an Associate Professor at the Economics Department of Carlos III University in Madrid, Guest Professor at the Barcelona Graduate School of Economics in the Masters program on Competition and Market Regulation since 2007.

The Energy Department’s proposal to shore up coal and nuclear power plants could undermine the very foundations of competitive electricity markets. PJM Interconnection’s Stu Bresler, SVP for Operations and Markets, weighs in on DOE’s proposal, and explains PJM’s price formation alternative. --- In October, Department of Energy secretary Rick Perry grabbed the attention of US competitive wholesale electricity markets when he issued an unusual request to the federal agency tasked with overseeing these markets, the Federal Energy Regulatory Commission. Perry’s proposal, known as the resiliency NOPR (or Notice of Proposed Rulemaking), asked that subsidies be paid to electricity generators that the Energy Department maintains are critical to the resilient operation of the electricity system. More specifically, the subsidies would go to coal and nuclear power plants that can store a 90-day supply of fuel on-site. DOE maintains that this would ensure the plants’ continued operation in the event of fuel supply disruptions, for example during extreme weather. But the move to favor certain generators threatens to undermine competitive market principles that are the foundation of electricity markets. It could also disadvantage other forms of generation, mainly natural gas and renewables which, the Energy Secretary maintains, are less resilient. PJM Interconnection, the largest competitive electricity market, has been outspoken in its concerns around the DOE proposal and the resiliency assumptions that underlie it. In this episode, PJM’s Stu Bresler, Senior Vice President for Operations and Markets, presents PJM’s alternative proposal, which aims to reform the way prices are set in energy markets. Critically from PJM’s perspective, it’s price formation reforms would preserve market-based principles. PJM’s proposed plan would increase revenues to electric generators, ultimately benefitting the same endangered coal and nuclear plants that the DOE aims to support. The Kleinman Center’s Christina Simeone, Director of Policy and External Affairs, who has written extensively on issues related to PJM, and handles the questioning. Related Content Initial Questions on PJM’s Price Formation Proposal http://kleinmanenergy.upenn.edu/blog/2017/11/21/initial-questions-pjm’s-price-formation-proposal What the Heck is “Enhanced Price Formation” in PJM http://kleinmanenergy.upenn.edu/blog/2017/11/21/what-heck-“enhanced-price-formation”-pjm PJM Governance http://kleinmanenergy.upenn.edu/paper/pjm-governance Department of Energy Grid Resiliency Pricing Rule NOPR https://www.energy.gov/sites/prod/files/2017/09/f37/Notice%20of%20Proposed%20Rulemaking%20.pdf Initial Comments of PJM Interconnection, L.L.C. on the United States Department of Energy Proposed Rule http://www.pjm.com/-/media/documents/ferc/filings/2017/20171023-rm-18-1-000.ashx DOE Staff Report to the Secretary on Electricity Markets and Reliability https://energy.gov/downloads/download-staff-report-secretary-electricity-markets-and-reliability

Something feels different. In the last two years, there's been a material shift in the way renewable energy and other distributed resources are discussed.For so long, believers of wind, solar, batteries and microgrids have focused on targeted government support. But direct subsidies and mandates are diminishing in importance.One example: utility-scale solar in the U.S., which was once almost exclusively driven by state mandates and tax credits, is now mostly being driven by economics. And tax credits are on a path to being phased out.We now have a proven class of resources that can perform the same function as traditional power plants -- often at a lower economic and environmental cost. And these resources are hitting the grid at an accelerating pace.Now that people are waking up to this reality, the conversation is shifting toward markets.How do you put rules in place that fairly value the responsiveness, resiliency and environmental performance of distributed resources like aggregated batteries, real-time energy efficiency and commercial microgrids? And how do you manage the surge of wind and solar so they don't crush wholesale markets by flooding them with cheap power at the wrong time?That's the framework we're operating in today. It's uniting groups across the political spectrum that favor of open markets and oppose the Trump Administration's agenda to prop up coal.This week, we'll talk with two experts who are focused intensely on the evolution of markets: Lenae Shirley, the senior director of technology innovation and market adoption at the Environmental Defense Fund; and Devin Hartman, a senior fellow with the R Street Institute.How much should we read into this alignment?This podcast is sponsored by Schneider Electric. Now, you can reap the benefits of a microgrid with no upfront capital through the new microgrid-as-a-service business model from Schneider Electric. Find out how it works.Recommended reading and listening:R Street Institute: Refreshing Price Formation in Electricity Wholesale MarketsEDF: More Subsidies than You Think Influence the Cost of ElectricityThe Interchange: Renewables Are on a Collision Course With Power MarketsSubscribe to The Interchange podcast via Apple Podcasts, Google Play, Stitcher or wherever you find your audio content.

The U.S. Department of Energy recently proposed a rule that would subsidize the ailing coal and nuclear industries, arguing that these sources of electricity are needed to ensure grid reliability as renewable fuels gain market share. Critics of the proposed rule say it is an unnecessary bailout of uncompetitive and dirty energy sources, and that renewables pose no threat to grid reliability. What are the major factors driving change in the U.S. grid? What are the challenges facing regulators? If Secretary Perry’s proposal is adopted, what effect will it actually have? EPIC and the Harris Energy and Environmental Association, in partnership with The Aspen Institute, hosted a panel discussion on the recent proposal, the underlying Electricity Markets and Reliability report, and the possible impacts to the future of U.S. energy.

Season 2 kicks off with a great episode Markets, Reliability and Resilience featuring Rob Gramlich, President of Grid Strategies, LLC, and Alison Silverstein, energy consultant, strategist and writer who DEO hired to write this summer’s Staff Report on Electricity Markets and Reliability. Alison also led DOE’s 2003 Blackout Investigation and Report. The DOE staff report was the summer’s somewhat controversial highlight of an ongoing energy debate involving words like “baseload,” “reliability,” “fuel assurance,” and “resiliency” and everyone who is anyone chimed in. All that can be said about it has been said. Or maybe not. Regardless of what you think about the study, the issues it attempts to address – namely, grid reliability and resilience in the midst of a rapidly transforming energy system – are critical. Hurricanes Harvey and Irma (and maybe its friends Jose and Maria) are demonstrating the supreme importance of figuring out how the system can withstand and respond to serious grid disturbances like hurricanes. On today’s episode, Alison and Rob discuss reliability and resilience-related grid needs and the role of wholesale markets (or not) in addressing these needs. Oh, and as lead consulting author, Alison may have a bit to say about the evolution of and findings in the DOE report as well.

Recent financial bailouts of nuclear reactors in New York and Illinois highlight the conflict between states’ environmental goals and the integrity of electricity markets. As more states weigh subsidies, debate over their market impact and legality expand. --- In 2016 New York and Illinois became the first states to provide direct subsidies to the nuclear power industry, with the goal of keeping economically uncompetitive reactors operating within their borders. The states deemed the nuclear plants, which generate electricity without producing carbon dioxide, as critical to their efforts to limit greenhouse gas emissions that contribute to global warming. Yet the bailouts proved contentious in the two states, and the controversy over subsidies is now spreading to a handful of other states weighing similar bailouts. Opponents object to subsidies cost, and argue that they may discourage investment in other new forms of generation, such as natural gas and renewables. And the very legality of the bailouts is now being reviewed in court. In this episode, Christina Simeone, the Kleinman Center’s Director of Regulatory and External Affairs, and David Cherney, an energy industry advisor in the Energy & Utilities Practice at PA Consulting Group in Denver, will examine the roots of nuclear’s financial woes, and the widening debate around nuclear power’s role in decarbonization of the electricity sector. Christina Simeone is Director of Policy and External Affairs at the Kleinman Center for Energy Policy at the University of Pennsylvania. She is a past Director of the PennFuture Energy Center for Enterprise and Environment. She also worked for the Pennsylvania Department of Environmental Protection and was Policy Director at the Alliance for Climate Protection. David Cherney’s work at PA Consulting Group spans public policy analysis, energy infrastructure investment, and utility strategy. He has also worked as an Adjunct Professor in Public Policy at the University of Denver’s Josef Korbel School of International Studies and as a Teaching Fellow at Yale University.

In April 2016, the Center on Global Energy Policy brought together senior energy and climate leaders to discuss pressing issues at the intersection of energy policy, financial markets, the environment and geopolitics for the 2016 Columbia Global Energy Summit. This panel focused on the changes underway in the power generation sector and how technological innovations may increase access in developing countries. Participants included: Ralph Izzo, CEO, PSEG Incorporated; Dr. Cheryl Martin, former Acting Director, ARPA-E, US Department of Energy; Jim Rogers, former President, Chairman and CEO, Duke Energy; and Cathy Zoi, CEO, Frontier Power. The session was moderated by Sue Tierney, a Senior Advisor at Analysis Group and a member of the Center’s Advisory Board.   Event website: http://energypolicy.columbia.edu/events-calendar/2016-columbia-global-energy-summit  

Reporters Laura Raus, Irina Peltegova and Ellie Chambers discuss highlights of the Energy Risk Balkans conference which took place in Sofia, including the Romanian parliament’s plans to lift a ban on bilateral power trading outside of the exchange OPCOM and the future of Bulgaria in the regional electricity market coupling.

Thomas-Olivier Léautier, Toulouse School of Economics, University of Toulouse Graduate School of Management, France and Fabien Roques, Compass Lexecon, University Paris Dauphine, France. While directing the Florence School of Regulation’s Executive Course to master Electricity Markets, 18-19 January 2016, in Florence, Italy, Thomas-Olivier Léautier and Fabien Roques met with reporter Nicholas Barrett to discuss the relationship between regulation and economics as well as the EU’s efforts to tackle climate change. Thomas-Olivier Léautier: “We need to reduce our carbon emissions while protecting our standard of living. Therefore, we need to, if possible, consume less electricity and produce less CO2 as we produce electricity. That requires tens of hundreds of billions of euros of investment. The more efficiently we do this… the cheaper this massive transformation is going be for society… it's super important.” Fabien Roques: “The European Commissions, even though it’s been criticised, is doing a good job even with the limited powers it’s got.” Fabien Roques: “In Europe, each country is very small regarding climate change compared to America and China, so having a coordinated approach to climate change is the only way for Europe to be one of the leaders on climate change.”

http://florence-school.eu/event/two-day-executive-course-to-master-electricity-markets-18-19-january-2016/ Fabien Roques, Senior Vice President with the Economics Consultancy Compass Lexecon and Associate Professor at University Paris-Dauphine, talks about the demand response, which is one of the big missing parts of well-functioning electricity markets. This topic will be discussed during the 2-Day Executive Course to master Electricity Markets

http://florence-school.eu/event/two-day-executive-course-to-master-electricity-markets-18-19-january-2016 Fabien Roques, Senior Vice President with the Economics Consultancy Compass Lexecon and Associate Professor at University Paris-Dauphine, talks about the FSR's new 2-day Executive Course to master Electricity Markets. The new training programme covers many topics, one of them is the capacity mechanisms.

Thomas-Olivier Leautier is Research Director at the Toulouse School of Economics, and professor of management at the University of Toulouse Graduate School of Management, where he created the Master in Risk Management. Here he talks about policy initiatives how to integrate renewables into the power market. This topic will be covered during the FSR's new 2 day Executive Course to Master Electricity Markets which takes place 18-19 January 2016. Course webpage: http://fsr.eui.eu/EnergyandClimate/Training/Master-Electricity-Markets.aspx

On this episode of Power Hour, Alex Epstein talks with Dr. Andrew N. Kleit, Professor of Energy and Environmental Economics at Penn State University, about electricity and electricity markets. Other topics include the impact of weather on energy markets and the effects of energy regulation. You can read more about Dr. Kleit and his work […]

DSM Programs in Deregulated Electricity Markets