Showing posts with label electricity. Show all posts
Showing posts with label electricity. Show all posts
Friday, March 21, 2025

Market design comes to the "new new economic sociology" (and vice versa)

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 In the Journal of Cultural Economy, sociologists reflect on their involvement with engineers in a project to integrate wind-generated elect...
Sunday, November 20, 2022

Vacuum-tube valley

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  Silicon valley didn't transition directly from fruit orchards to silicon chips .  Vacuum tubes took center stage for a while. Here...
Sunday, May 9, 2021

Texas electricity market design: replace ERCOT experts with political appointees

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  The Texas Tribune has the story: Overhaul of ERCOT board could replace experts with political appointees   By MITCHELL FERMAN "AUSTIN...
Sunday, April 18, 2021

Texas gas and electricity

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 The electric power system failure in Texas following severe winter weather continues to draw commentary (and may eventually draw politicall...
Tuesday, March 30, 2021

Postmortems on the Texas electricity market failure

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  The weather related failures of the Texas electricity market have prompted a number of fairly rapid postmortems (if that's the right w...
Tuesday, March 2, 2021

Electricity supply and electricity politics in Texas--an interview with Peter Cramton

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  The veteran market designer Peter Cramton was among the members of the Board of Directors of the Electric Reliability Council of Texas ( ...
Thursday, September 3, 2020

Peter Cramton on the retail electricity market in California

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 Peter Cramton* is an astute observer of electricity markets.  Here's his op-ed in the San Diego Union-Tribune: Commentary: My monthly e...
Sunday, May 20, 2018

A quick look back at the politics of electricity markets

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This, from the RTO Insider, which bills itself as "Your Eyes and Ears on the Organized Electric Markets." Former FERC Chairs Re...
Friday, September 6, 2013

A sociologist looks at the design of electricity capacity markets

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The discussion among sociologists of the "performativity" of economics is taking more sophisticated note of market design.  Here...
Saturday, October 1, 2011

Cramton^3 on market design

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IMT Institute for Advanced Studies, Lucca Piazza San Ponziano 6, Lucca Italy  October 4-6, 2011  THREE LECTURES ON MARKET DESIGN  Peter ...
Wednesday, June 15, 2011

Crisis response and organization

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Companies that manage big facilities like power plants do a certain amount of planning for emergencies, as do local authorities. But when di...
Thursday, August 5, 2010

The market for electricity

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As the supply of electricity changes in response to growing numbers of wind turbines, there's more need to be able to store electricity:...
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Thursday, December 31, 2009

The year in market design

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Kidney exchange : In fits and starts, kidney exchange is picking up. The biggest development this year has followed from Mike Rees' pion...
Thursday, July 23, 2009

Regulatory capture in French electricity market

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David Jolly reports in the NY Times: France Resists a Power-Monitoring Business "Two weeks ago, the French Energy Regulatory Commission...
Friday, April 17, 2009

Plug-in hybrid cars, and the retail market for electricity

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The news is full of plug-in hybrid cars, i.e. cars with both an electric and a gasoline powered motor, which can be recharged overnight from...
1 comment:
Monday, March 2, 2009

Design of electricity markets (and salute to Bob Wilson)

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For roughly the retail price of 1200 kilowatt hours of electricity, you can buy the Elsevier book Competitive Electricity Markets: Design, I...
Saturday, February 7, 2009

Market for electricity: Information and consumption behavior

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One set of market design decisions involves what kind of information to provide to participants about other participants. Now that regulated...
Sunday, September 14, 2008

Wind farms

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It may seem strange for an entrepreneur to call for more government regulation, but when it comes to energy, that is what Mandelstam is doin...