Summary of Meredith Angwin's Shorting the Grid , livre ebook

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30 pages

English

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Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 The big short: in the old days, people would lend money to good doctors and teachers, but in 2007, lending money to a struggling strawberry picker was a good way to wealth. The new world of credit is upside down and full of trouble.
#2 The electricity markets in the RTOs serve no one well. They are not markets. They are governed by closed-door decision making, and the press is largely excluded. -> In the RTO areas, there are no agencies or institutions that are in charge of ensuring there is enough electricity to go around. The market is instead governed by closed-door decision making and the press is largely excluded.
#3 The book shows what happens on the grid, and how to try to stop it.
#4 I was a maven in my own mind, but not at all in reality.

Sujets

Political Science

Public Policy

Energy Policy

Informations

Publié par	Everest Media LLC
Date de parution	11 octobre 2022
Nombre de lectures	0
EAN13	9798350039238
Langue	English
Poids de l'ouvrage	1 Mo

Informations légales : prix de location à la page 0,0200€. Cette information est donnée uniquement à titre indicatif conformément à la législation en vigueur.

Extrait

Insights on Meredith Angwin's Shorting the Grid
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3 Insights from Chapter 4 Insights from Chapter 5
Insights from Chapter 1

#1

The big short: in the old days, people would lend money to good doctors and teachers, but in 2007, lending money to a struggling strawberry picker was a good way to wealth. The new world of credit is upside down and full of trouble.

#2

The electricity markets in the RTOs serve no one well. They are not markets. They are governed by closed-door decision making, and the press is largely excluded. -> In the RTO areas, there are no agencies or institutions that are in charge of ensuring there is enough electricity to go around. The market is instead governed by closed-door decision making and the press is largely excluded.

#3

The book shows what happens on the grid, and how to try to stop it.

#4

I was a maven in my own mind, but not at all in reality.

#5

I am trying to explain the entire American power grid from the bottom up. The book is not written for politicians or utility company executives; it is written for people who live in the counties that are served by the RTOs, so they can understand what is going on and take action.

#6

In the old days, people would lend money to good doctors and teachers. But in 2007, lending money to a struggling strawberry picker was a good way to wealth. The new world of credit is upside down and full of trouble.

#7

It is not possible to get more energy out of an electrical circuit than was put into it. -> The power grid is about generators and voltage and wires. It is about delivering electricity to customers. It functions well, and when there is an outage, it is most often due to local weather conditions.

#8

-> The book explains what happens on the grid, and how to try to stop it. It explains how the RTOs' electricity markets function, and why they are not markets.

#9

The power grid is about electricity: when the lights go on, it is about power, and when the lights go off, it is about policy. Keeping the power in constant balance is the angelic miracle of the power grid.

#10

The US power grid is made up of regional transmission organizations, vertically integrated utilities, and distribution systems owned by those vertically integrated utilities.

#11

The power grid is made up of regional transmission organizations, vertically integrated utilities, and distribution systems owned by those vertically integrated utilities.

#12

The book explains what happens on the grid, and how to try to stop it. It explains how the RTOs' electricity markets function, and why they are not markets.

#13

The Balancing Authority operator must keep the grid’s power output at exactly the right level.

#14

The Balancing Authority operator must keep the grid’s power output at exactly the right level. Renewables such as wind and solar make the job of the Balancing Authority more difficult, as they depend on real-time conditions and the BA cannot order them online to match requirements.

#15

The US power grid is made up of regional transmission organizations, vertically integrated utilities, and distribution systems owned by those vertically integrated utilities. The Balancing Authority operator must keep the grid’s power output at exactly the right level.

#16

The purpose of the Balancing Authority is to maintain the power grid’s output at exactly the right level.

#17

The balancing authority operator must keep the grid’s power output at exactly the right level. Renewables such as wind and solar make the job of the balancing authority more difficult, as they depend on real-time conditions and the balancing authority cannot order them online to match requirements.

#18

Before 1999, all electricity in the United States was provided by vertically integrated utilities. The regulatory agency chose to fine a vertically integrated utility for poor reliability, which lowered the utility’s rate of return, and the utility would have to shut down some power plants.

#19

The US power grid is made up of regional transmission organizations, vertically integrated utilities, and distribution systems owned by those vertically integrated utilities. The balancing authority operator must keep the grid’s power output at exactly the right level.

#20

People had the idea that a market would fix the high prices of integrated utilities. But even then, even in the 1980s, when utilities were vertically integrated, the dark side of saving money was apparent.

#21

Most states have only eighteen states with electricity choices, and in most states, only some consumers are allowed to have a choice.

#22

The balancing authority operator must keep the grid’s power output at exactly the right level.

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Summary of Meredith Angwin's Shorting the Grid , livre ebook

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