Donald Trump has no coherent economic policy. It’s all fly-by-night, seat-of-the pants stuff. Trump truly believes he can command the U.S. economy. It’s not ideology but his narcissism and megalomania at work. Trump has become an accidental socialist, devoted to government central planning of the economy. He’s choosing winners and losers in the economy, most … More Trump’s unwitting socialism and mercantilism

Bogus. Arbitrary. Capricious. Add to that, stupid, unproductive, and dangerous. That’s the best summary I can come up with for the widely-reported White House plan to order the Department of Energy to slam uneconomic coal and nuclear plants into the heretofore competitive wholesale electric markets. Bloomberg and other news outlets are reporting, based on a … More Trump tells DOE to destroy competitive electric markets

The inexorable collapse of coal-fired generating capacity continues, with four more major plants set to retire in the next two days. The Trump administration’s proclaimed goal of saving coal appears entirely irrelevant as coal plant shutdowns continued apace. So, too, does the Sierra Club’s “Beyond Coal” campaign, fueled by Michael Bloomberg’s deep pockets, despite the … More Coalmageddon today and tomorrow

While most of the U.S. faces little risk of systemic electricity shortages this summer, that’s not the case for Texas and California, according to both the North American Electric Reliability Corp. and the Federal Energy Regulatory Commission. NERC issued its summer reliability assessment this morning, while FERC’s summer assessment came May 17. The yardstick both … More Are electric shortages coming this summer?

Does the Federal Energy Regulatory Commission’s recent refusal to rehear approval of a Dominion gas pipeline foreshadow the outcome of the commission’s ongoing review of its pipeline siting policy? Commissioner Rich Glick says he fears that’s the case. Commissioner Cheryl LaFleur shares Glick’s concern. Both are Democrats, which highlights a partisan split on a commission … More Has FERC tipped its hand on pipeline policy review?

Thinking about buying an electric car as a small step to protectng the planet against global warming? Maybe you should think again. First, the environmental advantages of cars that run entirely on electricity and not on fossil fuels may be more hype than reality, according to economist Jonathan Lesser in a report for the conservative … More Rethinking electric cars

The Federal Energy Regulatory Commission will launch a review its administration of the 1978 Public Utility Regulatory Policies Act, chairman Kevin McIntyre announced at today’s monthly open meeting. The new initiative, he said, reflects the major changes in the electricity industry in recent years. It also comes, McIntyre noted, as FERC now earlier policy reviews … More FERC to review PURPA implementation

California has too much solar-produced electricity. The California Energy Commission this month said the answer to that is to build more solar. California has a very expensive housing market. The California Energy Commission this month said the answer is to increase the cost of a new home by around $10,000. The five-member energy commission voted … More Is California Energy Commission cockamamie?

When the New Orleans city council held a public meeting last fall to get comments on a controversial $210 million power plant Entergy Corp. wants to build, some 50 demonstrators clad in orange T-shirts and carrying professionally-printed signs showed up in support. Local plant opponents also attended, but the plant supporters outnumbered them. The same … More Entergy stumbles on astroturf

For Scott Hempling, a veteran electric utility regulatory critic, recent activities suggest only a lip-service dedication to capitalism on the part of investor-owned utilities undercut by industry developments. For Branko Terzic, a former state and federal utility regulator and a consultant to investor-owned utilities, current trends suggest that IOUs are need help from regulators as … More Dueling views of electricity regulation and no-fault capitalism