“A free market in electricity is based on private property rights and voluntary exchange.”

– Michael Giberson, May 19, 2024

It’s a start. It took me a few dozen tries, but the definition has come from a (not-so) free market electricity advocate, Mike Giberson. Maybe Lynne Kiesling, woman of system and “The Queen of Electricity Markets,” will be next.

Fake free marketeers at the Niskanen Center and at R Street Institute are a plague on sound public policy analysis regarding electricity and other climate/energy issues. The sad case of Jerry Taylor of Cato and Niskanen is recounted here and here. But the problem also is with the energy specialists at R Street, including senior fellow Giberson. (See yesterday’s post on Devin Hartman, Giberson’s boss.)

————-

Mike Giberson knows his energy stuff and was/is free market in many areas, except for electricity.…

“Pumping gases underground is only sensible if it brings real benefits such as using waste gases to increase oil recovery from declining oil fields – frack the strata, pump in CO2, and force out oil/gas.”

Carbon-capture-and-underground-storage “(CCUS)” tops the list of silly schemes “to reduce man-made global warming.” The idea is to capture exhaust gases from power stations or cement plants, separate the CO₂ from the other gases, compress it, pump it to the chosen burial site and force it underground into permeable rock formations. Then hope it never escapes.

An Australian mining company who should know better is hoping to appease green critics by proposing to bury the gas of life, CO2, deep in the sedimentary rocks of Australia’s Great Artesian Basin.

They have chosen the Precipice Sandstone for their carbon cemetery.…

“It started with gas cooking.  It will end with getting gas out of homes and business entirely, If they can. Basically, what we’re witnessing is the energy equivalent of ethnic cleansing. I’ve been saying this for years but now it should be obvious.”

The U.S. Department of Energy (DOE) under the Biden Administration has significantly accelerated the pace of minimum appliance efficiency rulemaking. With this acceleration, there has been a marked decrease in DOE’s analytical quality and transparency. The purpose of this update is to summarize:

1. Energy Conservation Standards for Consumer Conventional Cooking Products
2. Energy Conservation Standards for Consumer Products; Boilers
3. Energy Conservation Standards for Consumer Water Heaters

Note: In DOE-speak, the term ‘consumer’ means non commercial/industrial, or just residential.

Part 1: Consumer Cooking Products

On April 27, 2023, MasterResource published DOE vs.…

“The lesson from Europe is that reliance on wind, solar, and imported natural gas is expensive and risky energy policy. If you experience a low-wind year, a cold winter, an embargo, or a war, you can’t turn up the wind and solar.”

The year 2022 was an energy disaster for Europe. Citizens and businesses suffered from astronomical prices for natural gas and electricity, sky-high home energy bills, shuttered industrial plants, and bankrupt companies. Observers have blamed COVID-19 supply chain disruptions and the Russian invasion of Ukraine, but Europe’s green energy policies was the elephant in the room.

For the last two decades, closures of traditional power plants and renewable energy policies made European countries highly dependent upon a combination of intermittent wind and solar sources and natural gas. More than 100 nuclear plants had closed or were scheduled to close, including 30 in Germany and 34 in the United Kingdom.…