Make Better Mistakes

It was clear from the nervous voices that the discussion had found a tension point. The small group of consultants, academics, energy companies, and a single utility regulator – all attending a large conference on the new energy economy – had been assigned by the conference organizer to discuss barriers to increased use of intermittent [...]

Ex Ante Regulation of Google?

Recent calls for ex ante regulation of Google are reminiscent of other calls for regulation of IT companies. Remember the calls to treat Windows like a public utility, or iTunes as an essential facility? These were all misguided because they misconstrued the basics of the proposed regulations. The calls for regulation then and now also [...]

Hurricanes and Electric Utilities: Lessons from Florida

What's the best way to divert hurricanes and avoid damage to electric infrastructure? Maybe it's being ready to learn from the experience. That is one way of interpreting Florida's experience. In the aftermath of the 2004-2005 hurricane season, when eight named storms caused a total of $15.5 million in customer losses from power outages, Florida [...]