India’s wholesale electricity market is no longer fit for purpose according to Dheer Patel of the Regulatory Assistance Project (RAP). Long term procurement contracts are forcing distribution companies (discoms) to buy expensive energy when cheaper alternatives are readily available. So the Central Electricity Regulatory Commission (CERC) is launching a six-month pilot, starting 1st April, that enables “least-cost dispatch” of all centrally … [Read more...]
Does the U.S. really need new gas infrastructure?
Gas prices within the U.S. vary considerably, largely due to poor local gas infrastructure: Boston’s gas prices can be triple New York’s, and Los Angeles’ over 50% higher than San Francisco’s. Should the U.S. spend billions upgrading that infrastructure? Not if money spent on assets that may one day be stranded is money wasted. Andrew Campbell, Executive Director of the Energy Institute at Haas at the University of California, says the best … [Read more...]
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