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Economist
Environmental Defense Fund
Throughout most of the country, residential electricity customers pay the same price for electricity regardless of when it is consumed. Such flat rates mask the fact that true system costs vary over time according to electricity demand. Prices that better reflect the time-varying costs of producing and delivering electricity can lead to a number of economic and environmental gains, such as reduced wholesale prices, increased investment in clean distributed energy resources, and lower overall carbon emissions. Time-variant electricity pricing gives customers greater control over their electricity bills, since they can use electricity when it is cheaper and cut back when… [more]
View InsightThree recent efforts – two private, and one public – could shape the future of U.S. shale gas and oil development. The Marcellus Shale Coalition (MSC), an industry group, released Recommended Practices: Site Planning, Development and Restoration, offering general guidance for natural gas professionals developing or restoring shale plays in the Marcellus. Days later, the Appalachian Shale Responsible Producers Group (ASRPG), led by Andarko Energy, released their Recommended Standards and Practices, which again provides general guidance to well operators and shale play developers. Ohio Governor John Kasich has pushed legislation to the state’s legislature that the his office hopes will… [more]
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