Aug
02
2018

The Long Shadow of Negative Pricing

 

Top Takeaways:

Renewable energy plays a valuable role in the nation’s generation mix. But when renewable energy flows into the wholesale market at prices below zero, the generation mix is distorted over the long haul. There really is no such thing as “free electricity.”

Like many people, I love free stuff. Tote bags and coffee go-cups top my list of free energy conference swag. So, I can understand why renewable energy enthusiasts enjoy discussing “negative pricing” and the benefits for consumers’ electricity bills. Some trumpet “free electricity” in a manner that calls to mind cell phone advertising.

However,

May
30
2018

Natural Gas Hedging - Smart Tool for Diverse Energy Portfolio

PACE thanks Morning Consult for publishing this op-ed as original content. https://morningconsult.com/opinions/hedging-smart-tool-diverse-energy-portfolio/.

As the U.S. energy portfolio continues to diversify, the tools and tactics electric utilities use to protect consumers and stabilize costs must keep up with the times to accommodate the growth of natural gas, renewable resources, storage and other innovations.

One of the most critical tools is hedging, a fact frequently discussed and underscored by state lawmakers. As an example, Missouri recently passed Senate Concurrent Resolution 43 that reaffirms the state’s policy of allowing electric utilities to hedge natural gas contracts and supports

May
03
2018

Georgia: Doing its Part for Nuclear, Solar & National Security - While Keeping Rates Low

This week, PACE is pleased to feature a guest blog by Dr. David Gattie, a faculty member at the University of Georgia with deep expertise in energy policy, and co-author of our 2017 paper on net metering.

The U.S. Energy Information Administration recently released new data for 2017, so I compiled a few statistics for some of the top GDPs in the U.S. In particular, average residential rates since 1990 (Figure 1) and the energy portfolios for those states (Figure 2). Since my home state is Georgia and we’re working toward the completion of the only nuclear reactors under