John Raymond Hanger
27.9K posts
@johnrhanger
Climate, Energy & Electricity Policy. Support competitive markets & climate action. Former PA PUC Commissioner, PA DEP Secretary, Policy Secretary. Penn Law '84
Spain's renewables build-out has structurally decoupled its electricity prices from gas markets. Gas now sets the price in only 15% of hours, compared to 90% in Italy. Countries that invested early in clean power are far less exposed to fossil fuel price shocks.
New independent research from @BrattleGroup, out today: the U.S. grid runs at ~50% capacity. Rates are up 5.6%/year since 2020. A 10% increase in grid utilization could save American consumers $110–170B over the next decade. Read it: brattle.com/the-untapped-g… #TheUntappedGrid #UtilizeCoalition
Increasing grid utilization & increasing demand response to cut peaks would address affordability & reliability more quickly, more cheaply than other options. Those who profess concern about affordability & reliability but dunk on or ignore grid utilization & DR are duplicitous.
The national average price of gasoline in the U.S. has reached $3.90 per gallon, while diesel has climbed to $5.09 per gallon. It now looks like gasoline will hit $4/gal next week and could head toward $4.10/gal and beyond.
