Alberta's energy-only market does its thing. Prices rise, lots of new supply comes in, prices fall. Repeat. (And no, this fall isn't due to any recently announced policy changes. It was foretold in forward markets long before that due to lots of new supply coming online)

Implementing a field experiment to assess the effect of time-of-use pricing and managed charging on EV charging behavior, from Megan R. Bailey, David P. Brown, Erica Myers, Blake C. Shaffer, and Frank A. Wolak nber.org/papers/w32886

A reminder from a year ago. Forward prices foretold declining power prices long before any market reforms were announced. New supply, now online, has brought down prices. #ableg

RRO forward market prices for 2024, as of Oct 2023 (2 months before policy changes announced) are roughly bang on what prices ultimately realized.

You can’t welcome RFK Jr. into your campaign and then go around accusing other people of eating pets.

HOT OFF THE PRESS: As the penetration of variable renewable resources and distributed energy resources continues to grow, the advantages of Locational Marginal Pricing are becoming increasingly clear. Our new RAP deep dive into implementing LMP in European wholesale

In the first seven months of 2024, operators added 5 GW of #batterystorage capacity to the U.S. electric power grid. In July 2024, more than 20.7 GW of battery energy storage capacity was available in the U.S. #electricity 🔋 eia.gov/todayinenergy/…

New Statcan data out today: Electric Power Selling Price Index (through to July 2024) After 3 years of high and volatile prices, Alberta rejoins the herd...

Communism is when you govern the Bank of Canada and the Bank of England. The more banks you govern the more communist you are.

6/This is a huge step forward in costs for enhanced geothermal and brings us nearly in line with the recently published DOE Geothermal Liftoff Report goal for 2030. Years ahead of schedule.

imagine explaining this to abraham lincoln

He’s really doubling down on the crazy uncle vibe this evening.

Apropos of nothing, as in maybe nobody cares, but removing the carbon tax + rebate is a very regressive action (ie. hurts the poor, helps richer households). But hey, populism! 🥳 sigh…

This is much bigger news, as in it matters, than Singh’s statement today 👇 Aside: I think we can trace the end of the carbon tax to the Fed’s foolish decision around exempting heating oil. Lost all the arguments that day through that brazenly political decision.

x.com/andrew_leach/s…

Damn, that’s some cheap AECO gas now and for the foreseeable future…

“If only it hadn’t protected the poor then maybe people wouldn’t have opposed the carbon tax” Sure Jan ;)

Opponent: "Carbon taxes are regressive. Poor people will no longer be able to heat their homes." Me: "Here's a graph showing they're progressive and that almost all lower income households are better off." Opponent: "see, carbon taxes are just a wealth redistribution scheme.