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Public Power Underground
Ari Peskoe Ranks Governance, Footprint, and Market Design
Jul 11, 2024
Ari Peskoe, Director of the Electricity Law Initiative at Harvard Law, dives deep into the intricacies of U.S. power sector regulation. He critiques existing governance structures of electric utilities and argues for modernized frameworks to foster innovation. The discussion sheds light on incentive regulation and procedural justice, emphasizing transparency and stakeholder engagement. Peskoe humorously compares stagnant monopolies in the industry to the Jedi Council, underlining the urgent need for reform amidst climate challenges.
01:39:04
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Quick takeaways
- Ari Peskoe emphasizes the critical need for governance reforms within regional transmission organizations to foster competition and innovation in the energy sector.
- The discussion highlights the distinction between cost of service and incentive-based regulation, advocating for frameworks that motivate utilities to exceed performance standards for better efficiency.
Deep dives
Introduction of Hosts and Their Expertise
The episode introduces three hosts, including Paul Dockery, who focuses on resource strategy and planning within Seattle City Light, Dr. Almaz Nagesh, an analyst at Tacoma Power with a keen interest in energy justice, and Dr. Farhad Bilimoria, an expert in electricity markets at S&P Global. They express excitement over their varying backgrounds and share personal achievements, highlighting the dynamic nature of their conversations. This camaraderie sets the stage for an engaging discussion centered on energy governance and regional transmission organizations (RTOs). The group wishes another member, Conley, a speedy recovery, underlining the collaborative community ethos among them.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode