Tag Archives: electricity markets
Electricity auctions: Why didn’t I think of that?
Congratulations to Stanford Professors Robert Wilson and Paul Milgrom, who have been awarded the The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020 “for improvements to auction theory and inventions of new auction formats.” Their work has led … Continue reading
Posted in commentary, news Tagged electricity markets Leave a comment
Is demand-side the way to go?
Because wind and solar production depends on weather conditions, it is subject to the variability and intermittency of weather. The challenge of renewable integration is to cope with the resulting variability of the “net load,” or total load minus intermittent renewable production. (Click … Continue reading
Posted in research Tagged decarbonization, electricity markets, ercot, renewables, solar, storage, texas, wind 2 Comments
Texas Blackout: Let’s Not “Fire, Ready, Aim”
As has been exhaustively reported, the severe weather event in Texas and surrounding states in mid-February resulted in blackouts across the Electric Reliability Council of Texas (ERCOT) region, including blackouts for all but 90 minutes of a 59-hour stretch at … Continue reading →