Open in TheBrain

fisher 2, travis

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primary 6/17 on perry trump doe incubator

OOPS see previous

PJT 2025?!

MERRI OK

RED TEAM DOE BS STUDY CURRY ZELDIN DECAPITATION STRIKE

KOCH STAND TOGETHER

swamp thing AEA IER Pyle ROB BRADLEY

incubator pope north carolina jwp KOCHADEMIA KOCH FDN JOHN LOCKE

thanks kathie! OLSEN

GRID RELIABLE BS

spanish and danish boosted (laundered?) by koch IER

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final draft on grid reliability?

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INCUBATOR BABY SNIP

...As a college student at North Carolina State University in 2006, Travis Fisher was enrolled in the school’s program on Economic, Legal, and Political Foundations of Free Economies. abeneficiary of Pope’s largesse. He was also a**research intern at the John Locke Foundation, which was launched by Pope**during the 1990s and has received money from the Koch brothers, where he worked on “policy alternatives” on issues that included the environment. The group would later use Fisher’s work for IER and AEA to support its attacks on North Carolina’s renewable energy standard.

After college, Fisher landed a job as an economist at FERC during the summer of 2006. After 7 years at the commission, he decided to take a job at IER in 2013. Fisher later shared his thinking on energy policy with the John William Pope Foundation.

“It seems conventional wisdom that government should get more involved in energy,” Fisher said in his achiever spotlight on JWPF.org. “It’s counter intuitive [sic] to argue that government should get out of energy. But I like the challenge.”

Who paid for Travis Fisher to serve on Trump’s Department of Energy landing team?

...


The Fishtank: Free-Market Insights on Energy Policy

Thoughts on emerging energy policies from the Cato Institute's Travis Fisher

By Travis Fisher


http://www.alternet.org/environment/trumps-energy-secretary-rick-perry-orders-dubious-study-against-wind-and-solar

Secretary Rick Perry is cooking up a case to stifle further federal support of renewable wind and solar energy. He’s ordered a dubiously sourced staff study that is aimed to paint renewables as an unreliable source for the nation’s electric grid.

The study, due June 23, seeks to determine whether federal tax and subsidy policies favoring renewable energy have burdened “baseload” coal-fired generation, putting power grid reliability at risk. It is being spearheaded by Energy Department political appointeeTravis Fisher, who’s associated with a  Washington policy group that opposes almost any government aid for renewable energy.

Fisher wrote a 2015 report for the Institute for Energy Research that called clean energy policies “the single greatest emerging threat”to the nation’s electric power grid, and a greater threat to electric reliability than cyber attacks, terrorism or extreme weather.

The Institute for Energy Research and its advocacy arm, the American Energy Alliance, has been the “influential force in shaping Donald Trump’s plans to dismantle Obama administration climate initiatives,’’ according to Bloomberg News.

Headed by Thomas Pyle,a former director of federal affairs for Koch Industries, IER has already delivered its fossil fuel industry wish list to the Trump administration. It’s part of the “America First Energy Plan” that was posted on the White House website on Jan. 20.

As a blueprint for quashing renewable energy research and development, Perry’s call for the study immediately signaled alarm. Chuck Grassley (R-Iowa) slammed the study as “anti-wind.” University of Texas’ Energy Institute experts called the question of whether renewables are killing coal “would be similar to asking in the late 1990s whether email was killing fax machines and snail mail.’’

A letter from Advanced Energy Economy, American Wind Energy Association and Solar Energy Industries Association disputed the administration’s premise: “Policies supporting the deployment of these technologies are not playing an important role in the decline of coal and nuclear plants. Numerous studies have conclusively demonstrated that low natural gas prices and stagnant load growth are the principal factors behind the retirements in coal and nuclear plants.’’

Energy Department officials last week sought to reassure members of its electricity policy advisory panel that a grid reliability study “is gathering a range of viewpoints from experts at DOE’s national laboratories,” reported E&E News, a Washington new organization that covers energy issues.

---

ref

http://www.energyandpolicy.org/travis-fisher-rick-perry-grid-study/

Fisher, a Trump political appointee in the Department of Energy, wrote a 2015 report for the Institute for Energy Research that called clean energy policies “the single greatest emerging threat” to the nation’s electric power grid, and a greater threat to electric reliability than cyber attacks, terrorism, or extreme weather.

Fisher is now leading up a controversial grid study ordered by Secretary of Energy Rick Perry under the pretense of ensuring the long-term reliability of the nation’s electricity supply. If Fisher’s past writings on the topic are any indication, the forthcoming DOE study is sure to be a thinly veiled political attack on renewable energy aimed at propping up outdated coal and nuclear power plants that can’t compete in today’s electricity market.

Rick Perry’s grid study sounds strikingly similar to the one Travis Fisher wrote for fossil fuel interests in 2015

Fisher wrote in his 2015 IER report:  In hisFebruary 2015 reportfor the Institute for Energy Research (IER), Fisher attacked wind and solar power as “unreliable” sources of electricity.That same year, IER and its lobbying arm, the American Energy Alliance (AEA), together received millions of dollars from foundations affiliated with the Koch brothers, who have bankrolled an all out campaign to roll back state and federal clean energy policies. In a 2016 bankruptcy filing, coal producer Peabody Energy also disclosed that it contributed $50,000 to IER in 2015.}:}:}:

The single greatest threat to reliable electricity in the U.S. does not come from natural disturbances or human attacks. Rather, the host of bad policies now coming from the federal government –  and unfortunately from many state governments – is creating far greater and more predictable problems with grid reliability.

He also offered this overview:

New stresses on the electricity delivery system are coming primarily from two types of policies:

1) Regulations that directly shut down reliable sources of electricity, such as coal and nuclear power, and

2) Subsidies and mandates that force increased amounts of unreliable sources of electricity on the grid, such as wind and solar power, and undermine the normal operation of reliable power plants.

Together, these two types of policies create a much less reliable grid and increase the chances of a major blackout.

A strikingly similar narrative appeared in the memorandum fromSecretary Perry, who alsoserves on President Trump’s National Security Council, which ordered a new DOE study on grid reliability be prepared in just 60 days:

Baseload power is necessary to a well-functioning electric grid. We are blessed as a nation to have an abundance of domestic energy resources, such as coal, natural gas, nuclear, and hydroelectric, all of which provide affordable base load power and contribute to a stable, reliable, and resilient grid. Over the last few years, however, grid experts have expressed concerns about the erosion of critical baseload resources.

Specifically, many have questioned the manner in which baseload power is dispatched and compensated. Still others have highlighted the diminishing diversity of our nation’s electric generation mix, and what that could mean for baseload power and grid resilience. This has resulted in part fromregulatory burdens introduced by previous administrations that were designed to decrease coal-fired power generation.Such policies have destroyed jobs and economic growth, and they threaten to undercut the performance of the grid well into the future. Finally, analysts have thoroughly documented the market-distorting effects of federal subsidies that boost one form of energy at the expense of others. Those subsidies create acute and chronic problems for maintaining adequate baseload generation and have impacted reliable generators of all types.

Secretary Perry’s memorandum included a specific order to examine, “The extent to which continued regulatory burdens, as well as mandates and tax and subsidy policies, are responsible for forcing the premature retirement of baseload power plants.”

Travis Fisher targeted state and federal clean energy policies for repeal

Perry’s words since his memorandum serve as a further reminder of the undue influence of IER and AEA over the Trump administration’s energy policies, made possible by AEA’s loyal support for Donald Trumpduring the 2016 election. Perry recently revealed the Trump administration’s half-baked and “highly classified” plan to preempt state and local energy policies in the name of national security.

The clean energy policies that Fisher targeted for repeal in his 2015 study for IER provide some clues about the possible identity of the “mandates and tax and subsidy policies” to which Perry made vague reference in his memo. These included a mix of state and federal policies designed to increase the use of renewable energy, as well as reduce carbon dioxide and mercury emissions from coal-fired power plants.

Fisher specifically recommended that policymakers repeal:

These are the sort of clean energy policies that have long been targeted for repeal by IER and AEA and their backers in the fossil fuel industry. Beyond Capitol Hill, a similar study with DOE’s stamp could reignite failed attacks against renewable energy policies in states like Ohio, where IER and AEA’s misleading reports have failed the smell test.

Fisher also referenced “bureaucratic hurdles” at the Nuclear Regulatory Commission, which he claimed has contributed to closure of “reliable” nuclear power plants. He pointed to the NRC as a factor in the closing of the Vermont Yankee nuclear power plant, but failed to mention the plant had been plagued by problems in recent years, including a cooling tower collapse and radioactive tritium leak.

Despite all the doomsday scenarios of electricity blackouts thrown into Travis Fisher’s 2015 grid study for IER, he never named a single example where one of these clean energy policies actually caused the lights to go out. Most of these policies had been on the books for years, without causing the sorts of blackouts that Fisher predicted for the near future.

:{:{Real world experience has proven beyond any reasonable doubt that grid operators and utilities can comply with clean energy policies, while also providing a reliable supply of electricity. After all, a total of 29 states have renewable energy standards and 39 states have net metering on the books. The Production Tax Credit for wind power has been around since 1992. Utilities have already been complying with the EPA’s Mercury and Air Toxics Standard.}

:}:

During the 1970’s, electric utilities like American Electric Power ran ads that made the same sort of “doomsday predictions” about the Clean Air Act. In February 2015, the EPA responded to similar attacks on the Clean Power Plan by pointing out that, “… at no time in the more than 40 years that EPA has been implementing the Clean Air Act has compliance with air pollution standards resulted in reliability problems.”

Fisher should heed his own advice

“Heed the advice of grid experts, such as the electrical engineers at NERC, FERC, utilities, and regional transmission organizations,” Fisher recommended at the end of his 2015 study for IER.

What the grid gurus have told us over and over again is that renewable energy is reliable, and we can use much more of it in the years to come using the tools and technologies that are available today. Plus, clean energy policies generate cleaner electricity and a host of co-benefits. For example, previous analyses of state renewable energy standards by two of DOE’s national labs have powered new jobs and reduced carbon dioxide and other harmful air pollutants, all at little to no additional cost to consumers. Rick Perry has praised those labs as national scientific and engineering treasures.

Travis Fisher downplayed real threats to the power grid

“Extreme weather places immense stress on the electricity system,” Fisher admitted in his 2015 grid study for IER. “In fact, bad weather remains the number one cause of power outages.”

Fisher’s own words exposed his all too obvious attempt to mischaracterize clean energy policies as “the single greatest threat to reliable electricity,” as he put it. Meanwhile, DOE published a 2015 report that identified the ways that that extreme weather and climate change threaten reliable electricity in every region of the U.S.

A total of 8.5 million people lost power during 2012’s Hurricane Sandy. The impact of that storm  was strengthened by climate change. Long lines formed at gas stations as people sought fuel to power backup generators. Yet Fisher made no mention of Hurricane Sandy in his 2015 IER study.

In fact, he avoided any mention of the threat that climate change poses to the electric grid. He instead focused on his attacks on the Clean Power Plan, which set the first-ever national limits on carbon dioxide emissions from power plants that contribute to climate change. Fisher even mixed in the sort of rhetoric common among the network of fossil fuel funded climate skeptics that IER and AEA are a part of.

:{:{:{:{}:

To his credit, Fisher did mention that coal and natural gas can face challenges during periods of extreme cold. He focused on how the Polar Vortex disrupted the natural gas market as demand spiked. However, like many coal backers, Fisher either missed or ignored the fact that coal-fired power plants accounted for 26 percentage of outages in the ERCOT and Eastern Interconnections. He also neglected to mention that record wind power had saved electric utility customers money during recent periods of extreme cold.“The problem with calling it the ‘Clean Power Plan’ is that carbon dioxide is not dirty but rather a clean, odorless gas,” Fisher wrote.}:}:}:

Fisher also downplayed the threat posed by cyber, electromagnetic pulse, or terrorist attacks on the nation’s power supply. He suggested the threat of U.S. retaliation served as an effective deterrent effect against attacks on the nation’s power grid. He acknowledged one real world example in San Jose, where quick action by the local utility averted a blackout after a 2014 sniper attack on a power substation.  

However, Fisher ignored the 9/11 terrorist attacks of 2011. While terrorists’ primary target in New York was the World Trade Center, the attack also knocked out power to Lower Manhattan and destroyed two power substations. More than 2,000 Con Edison employees eventually restored power after they laid down 36 miles of emergency cable to bring electricity back to the impacted area. Initial estimates by Con Edison put the cost of repairs at $400 million.

Fisher didn’t deny that extreme weather and “human attacks,” as he called them, posed significant threats, but he did mischaracterize clean energy policies as an even greater threat to the power grid.

Travis Fisher supported new infrastructure to benefit fossil fuels, but not for renewable energy

The 2015 grid study that Fisher wrote for IER also included support for escalating new oil and gas pipelines by overcoming what he described as “permitting delays” at the Federal Energy Regulatory Commission (FERC) and at the state level. Many environmentalists view FERC as a “rubber stamp” for pipelines, a concern that’s only increased since President Trump named his nominees to the commission.

Fisher even threw in a pitch for the Keystone XL pipeline, even though oil provides less than one percent of U.S. electricity. He claimed that reliance on railroads to move tar sands oil meant that less rail capacity was available to transport coal and other things.

Fisher wrote that use of fossil fuels was limited by a lack of infrastructure, and he was happy to spend other people’s money to fix it. Not so for renewable energy. Fisher argued that the grid should not be updated to integrate more wind and solar power.

“In other words, the incompatibility of wind and solar power on the grid is not a major drawback of the grid,” Fisher said. “Rather, it is a major drawback of these sources of power.”

Fisher encouraged government to engage in the very behavior that he and his “free market” allies in the Koch world routinely disparage: picking winners and losers in the energy market.

Travis Fisher is loyal to fossil fuel interests and powerful political donors

Travis Fisher is the subject of one edition of the John William Pope Foundation’s “achiever spotlight,” which highlights “the lives of individuals who have achieved much, thanks in large part to the generosity of nonprofits and organizations supported by the Foundation.”

The foundation is led by Art Pope, a financier of right wing causes who plays an outsized role in North Carolina politics. Among the causes Pope has funded: climate denial and attacks on clean energy policies.

As a college student at North Carolina State University in 2006, Travis Fisher was enrolled in the school’s program on Economic, Legal, and Political Foundations of Free Economies. abeneficiary of Pope’s largesse. He was also a**research intern at the John Locke Foundation, which was launched by Pope**during the 1990s and has received money from the Koch brothers, where he worked on “policy alternatives” on issues that included the environment. The group would later use Fisher’s work for IER and AEA to support its attacks on North Carolina’s renewable energy standard.

After college, Fisher landed a job as an economist at FERC during the summer of 2006. After 7 years at the commission, he decided to take a job at IER in 2013. Fisher later shared his thinking on energy policy with the John William Pope Foundation.

“It seems conventional wisdom that government should get more involved in energy,” Fisher said in his achiever spotlight on JWPF.org. “It’s counter intuitive [sic] to argue that government should get out of energy. But I like the challenge.”

Who paid for Travis Fisher to serve on Trump’s Department of Energy landing team?

A list of landing team members on GreatAgain.gov, the Trump transition team’s website, disclosed Fisher’s “current or most recent employer” as IER, but did not list AEA – even though Fisher is listed as an  “IER economist” and “AEA economist”  on the groups’ respective websites. The transition team website also listed “funding source: private” for Fisher, while some other landing team members were identified as volunteers. The site did not disclose the private source of Fisher’s funding.

:{:{A separate financial disclosure filed by Fisher and published by**The Intercept also disclosed his employment by IER, but not AEA. He also disclosed “Employment Assets and Retirement Plans,” which included his IER salary and related 401K, as well as his participation in the}: :{“Charles Koch Industries 401K.”}: :

{In a section below titled, “Filer Employer Agreements and Arrangement,” Fisher disclosed to continue to participate in both 401K plans, but specified that both IER and the “Charles Koch Institute” would no longer make contributions.}:}:

STAND TOGETHER REBRAND

A Google search revealed no previous record of Fisher’s employment with the Charles Koch Institute.

Just the latest sign of IER, AEA influence over Trump

It’s no coincidence that, now that Donald Trump is in the White House, some of the same clean energy policies that Fisher targeted for attack in his 2015 grid study for IER are now being rolled back.

As a candidate, Donald Trump was one of only two Republicans who responded to an AEA questionnaire. In his response to a question about the Clean Power Plan, Trump pledged that “all EPA rules will be reviewed.”  Trump also pledged to rescind the Clean Power Plan while in the campaign trail.

During the Trump transition, an IER-AEA memo from the desk of Tom Pyle, which was obtained by the Center for Media & Democracy, predicted that the Clean Power Plan would be withdrawn by the Trump administration – even if courts upheld the rule.

Pyle, IER and AEA soon got their wish. Trump signed an executive order that began the process of reviewing the Clean Power Plan during his first 100 days in the White House. His administration also hit the pause button on the EPA’s legal efforts to defend the Mercury and Air Toxics Standards, another target of Fisher’s 2015 IER report, in court.

What’s next?

With Fisher at the helm, the DOE grid study ordered by Rick Perry could serve as a convenient excuse when the Trump administration’s “review” of the Clean Power Plan culminates in a real plan to “suspend, revise, or rescind” the rule. It could also be used to justify attempts by the Trump administration to preempt state and local clean energy laws, though any such effort would face an uphill battle. Finally, the new DOE grid study could be used to reignite efforts to rollback renewable energy standards and net metering incentives at the state level. 

In any case, clean energy supporters will have no shortage of evidence at the ready to debunk any erroneous claims made by Fisher, and make the case that renewable energy is affordable, reliable, and benefits our economy and the environment

Posted by Dave Anderson

==

Overall, the Trump team has announced dozens of members of its so-called landing teams for agencies across the federal government. But it's announced a combined total of just seven for EPA and the Energy and Interior departments — agencies with a total workforce of about 100,000 federal employees.

Two of those team members were announced earlier today, one for DOE and another at EPA. The Trump team named Amy Oliver Cooke, executive vice president and director of the Energy Policy Center for the Colorado free-market think tank Independence Institute, to the EPA team (*see related story*). Martin Dannenfelser Jr., formerly of the Energy Innovation Reform Project, was added to DOE's team.

Within the Trump landing teams, backgrounds and experience vary widely.

Myron Ebell, a climate skeptic and a scholar at the conservative Competitive Enterprise Institute, is the EPA transition team leader. He has a background in economics and hasn't worked at EPA or in the federal government. Cooke has worked with CEI to oppose Colorado's carbon tax and the state's renewable energy mandate.

At DOE, the four landing team officials announced so far have energy experience but limited experience inside the agency, which has a broad portfolio including nuclear waste cleanup and support for renewable energy grant and loan programs.

The Interior Department's team leader — and the only name of that team announced so far — does have experience working inside the agency.DOE team leader Tom Pyle is president of the American Energy Alliance, a former lobbyist for Koch Industries and a former Republican congressional aide. He's joined byTravis Fisher, an economist at the Institute for Energy Researchand a former employee at the Federal Energy Regulatory Commission; Kelly Mitchell, a Michigan Republican Party operative and a sales account manager at a tool company; and Dannenfelser, whom the transition team said was formerly employed by the Energy Innovation Reform Project.

Doug Domenech was Interior's deputy chief of staffat the agency during the George W. Bush administration. He's currently director of the Texas Public Policy Foundation's Fueling Freedom Project.

Across other agencies, Trump's landing team members come with mixed experiences in the federal government and the private sector.

Some are young up-and-comers with limited career experience.

Catharine O'Neill, who was announced as a member of the State Department's landing team, is a recent college graduate, according to her LinkedIn profile. She graduated earlier this year from the University of Vermont with a bachelor's degree in Latin American studies and political science. She interned for the summer on the House Foreign Affairs Committee.

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Travis Fisher posted this • 1d1d

Full video is up! Watch the consumer panel at the  Electric Power Supply Association 's Competitive Power Summit.

I ask policymakers for a specific approach to affordability. I want them to say: “‘We are going to minimize the cost of the entire system — generation, transmission, all parts of it — we’re going to minimize the cost of it, subject to all the other policy constraints.’ … It’s got to be reliability, at least cost.”  hashtag#power   hashtag#markets   hashtag#consumers

Feedback welcome!…show more

Continued Consumer and Economic Benefits in a Just Transition - EPSA Competitive Power Summit 2022

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Travis Fisher posted this • 4d4d

"Policymakers and stakeholders all spend a lot of time arguing about policies and market rules. But in the end, it's the customers who end up paying the costs associated with those policy choices. ... At the risk of appearing glib, has anyone asked those who actually pay the bills what their priorities are? And what are they willing and able to accept as part of the energy transition?" -Remarks last week of  Electric Power Supply Association 's Todd Snitchler, and music to my ears https://lnkd.in/dYp6ZMiK  hashtag#power   hashtag#energytransition   hashtag#consumers…show more

Todd Snitchler Introductory Remarks at EPSA Competitive Power Summit 2022

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Travis Fisher posted this • 1w1w

How can consumers get reliable electricity at least cost while the sector tackles environmental goals? Can we reach emissions targets through voluntary means and competition? Lots to discuss, and I thank the  Electric Power Supply Association  for engaging with consumers on these issues!  hashtag#electricity   hashtag#consumers…show more

EPSA Members Renew Call for Carbon Price; See Long ‘Bridge’ for Gas

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Travis Fisher reshared a post • 2w2w

Excited to join EPSA's Competitive Power Summit to discuss the consumer benefits of competition. Looking forward to seeing my  hashtag#power  industry colleagues there next week!

Ep. 13: EPSA's Competitive Power Summit - EPSA

epsa.org • 2 min read

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Specialties: Wholesale electricity markets, economics of power generation, energy/environmental regulation, public choice analysis, energy subsidies, FERC, DOE

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ELCON

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For over forty years, the Electricity Consumers Resource Councilhas been the premiere national association of large industrial users of electricity promoting affordable, reliable, abundant and environmentally responsible energy resources for American industry.For over forty years, the Electricity Consumers Resource Council has been the premiere national association of large industrial users of electricity promoting affordable, reliable, abundant and environmentally responsible energy resources for American industry.…see more

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I researched and wrote articles and reports on energy policy issues with aspecial focus on the U.S. electricity grid.I also presented research material to federal and state policymakers as well as national trade associations. I researched and wrote articles and reports on energy policy issues with a special focus on the U.S. electricity grid. I also presented research material to federal and state policymakers as well as national trade associations. …see more

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Analyzed electric tariff proceedings under the Federal Power Act – special focus on the Entergy region (Arkansas, Louisiana, Mississippi, and East Texas). Developed policy positions on issues in electricity transmission and interconnection.  Analyzed electric tariff proceedings under the Federal Power Act – special focus on the Entergy region (Arkansas, Louisiana, Mississippi, and East Texas). Developed policy positions on issues in electricity transmission and interconnection.…see more

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Master's, Economics}:

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Activities and societies: President of the Society for Politics,Economics, and Law at NCSU.Activities and societies: President of the Society for Politics, Economics, and Law at NCSU.

First student to complete the accelerated bachelor-master program in Economics.First student to complete the accelerated bachelor-master program in Economics.

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Activities and societies: Co-founder of the Society for Politics, Economics, and Law at NCSU; Omicron Delta EpsilonActivities and societies: Co-founder of the Society for Politics, Economics, and Law at NCSU; Omicron Delta Epsilon

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Behind the Curtain: A Conversation With Travis Fisher, Lead on DOE’s Epic Grid Reliability ReportBehind the Curtain: A Conversation With Travis Fisher, Lead on DOE’s Epic Grid Reliability Report

Greentech Media · Aug 29, 2017Greentech Media · Aug 29, 2017

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This week, we’ve got a wide-ranging interview with Travis Fisher, a senior adviser at the Department of Energy, who took the lead on the study. He talks to us about the process, critical reactions, key findings, and recommendations for market designs.This week, we’ve got a wide-ranging interview with Travis Fisher, a senior adviser at the Department of Energy, who took the lead on the study. He talks to us about the process, critical reactions, key findings, and recommendations for market designs.…see more

Power Hour (Podcast) Episode 130Power Hour (Podcast) Episode 130

Center for Industrial Progress · Feb 5, 2016Center for Industrial Progress · Feb 5, 2016

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From host Alex Epstein: On this episode of Power Hour I talk with Travis Fisher, an economist at the Institute for Energy Research, about the deeply dishonest claims of 100% renewable energy used by companies like Apple, Microsoft, DHL, and others.From host Alex Epstein: On this episode of Power Hour I talk with Travis Fisher, an economist at the Institute for Energy Research, about the deeply dishonest claims of 100% renewable energy used by companies like Apple, Microsoft, DHL, and others.…see more

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Broken Windows and Electricity Generation: The Cost of Prematurely Closing Existing PlantsBroken Windows and Electricity Generation: The Cost of Prematurely Closing Existing Plants

USAEE Dialogue · Sep 1, 2015USAEE Dialogue · Sep 1, 2015

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This article applies a recent study commissioned by the Institute for Energy Research (IER) to the current electricity policy debate and underscores the importance of thinking economically about policy. The IER study we highlight estimates the levelized cost of electricity (LCOE) produced by existing power plants and compares that to the LCOE of new sources of electricity (as estimated by the U.S. Energy Information Administration). Our article argues that it's the role of economists to reframe the political discussion around electricity policy to accurately take into account the high cost of closing existing power plants and replacing them with new ones.This article applies a recent study commissioned by the Institute for Energy Research (IER) to the current electricity policy debate and underscores the importance of thinking economically about policy. The IER study we highlight estimates the levelized cost of electricity (LCOE) produced by existing power plants and compares that to the LCOE of new sources of electricity (as estimated by the U.S. Energy Information Administration). Our article argues that it's the role of economists to reframe the political discussion around electricity policy to accurately take into account the high cost of closing existing power plants and replacing them with new ones.…see more

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The Washington Renegades are a Division III rugby union football club, a member of the Capital Rugby Union and USA Rugby. We are dedicated to learning, teaching, and playing rugby.

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