Prof. Jacob Mays on Electric Markets & Resource Adequacy

Jacob Mays, PhD, Matt Schroettnig, Ahlmahz Negash, PhD, and Paul Dockery discuss a paper Prof. Mays co-authored on contractual form in electricity reliability obligations, how it applies to the program getting developed in the Northwest, and what perspective he has on electric market development in the Northwest.

06:52 - discuss recently published article by Professor Mays and Han Shu

Shu, Han, and Jacob Mays. "Beyond capacity: contractual form in electricity reliability obligations." arXiv preprint arXiv:2210.10858 (2022).episode from the last time Prof. Mays was on Public Power Underground

23:54 - applying Prof. Mays insights to the Western Power Pool’s Western Resource Adequacy Program

47:27 - thoughts on the NYT article on electric utility deregulation

Why are Energy Prices so High? Some Experts Blame Deregulation by Ivan Penntwitter thread by @MichaelGiberso3 in response to the articlesubstack post on Knowledge Problem by Lynn KieslingRTO Insider article in response to the NY Times pieceAri Pesckoe twitter thread in response to the article

54:56 - New Segment!: Ahlmahz’s Insightful Question of the Week!

1:01:43 - Short to Ground; where we TL;DR our way through the rest of the news

NWPCC: NW Needs More Reserves to Maintain Resource AdequacyPause in Storms Allows Utilities, State Responders Valuable Time to RegroupWashington State Report: Salmon Remain ‘In Crisis’IOUs Report Significant Demand Reduction With Time-of-Use Rates With EVsPG&E, Energy Vault Seek OK for Biggest U.S. Long-Duration Storage SystemEugene Board Votes to Develop Decommissioning PlanGoforth, T., Nock, D. Air pollution disparities and equality assessments of US national decarbonization strategies. Nat Commun 13, 7488 (2022). https://doi.org/10.1038/s41467-022-35098-4Texas PUC nears market redesign decision amid criticism performance credit will not spur new generationRachel Dibble has been named the vice president of bulk marketing at the Bonneville Power AdministrationSpot Market PowerLa NinaNOAA Climate ForecastsWY2023 Water Supply Forecast

1:11:53 - we talk a lot more about Texas’s controversial Performance Credit Mechanism

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