Does Indiana Have a Lower Tolerance for Corruption than Colorado?
The Hoosier State is roiling over inappropriately cozy relationships between state regulators and the utility they oversee. It started when a top lawyer for the Indiana Utility Regulatory Commission took a job with Duke Energy shortly after acting as a judge in a major rate-case before the utility. That got Governor Mitch Daniels’ attention. Then […]
HB 1365 Update: Don’t Be Shocked If Xcel Ditches the PUC’s HB 1365 Plan
Despite media reports to the contrary, HB 1365 isn’t settled It has been widely reported that the book closed on the Clean Air Clean Jobs Act last Thursday, when the PUC selected an implementation plan after almost four months of deliberations, but this is untrue. In fact, there’s another chapter of this story, and the […]
Regarding HB 1365, Here Are Two Numbers To Remember
$8 Doesn’t anyone remember the summer of 2008 when natural gas prices spiked to $8 dollar/mmbtu? Currently, coal supplies almost 70% of Xcel’s electricity portfolio; In 2018, thanks to the Clean Air Clean Jobs Act, coal will supply less than half, while natural gas’s share will increase to more than 40%. The upshot is that […]
The PUC Has Chosen a HB 1365 Plan…So What’s Next?
The PUC on Thursday decided on an implementation plan for the Clean Air Clean Jobs Act. Read about it here, here, and here. So what’s next? First, Xcel must decide if PUC’s chosen plan is acceptable. HB 1365 allows Xcel “to withdraw its application,” if it “disagrees with the Commission’s modifications to its proposed plan.” […]
Bad day for Colorado energy users
It’s a bad day for Colorado energy users, and that’s pretty much everyone. The ethically-challenged Public Utilities Commission just gave a final thumbs up to Xcel’s fuel switching plan as mandated by HB 1365. (See all previous posts from my colleague William Yeatman) Losers in this deal include consumers who will see their utilities costs […]
Review of December 8 PUC Hearing on HB 1365: PUC Punts
The PUC decided almost nothing during four hours of deliberations yesterday. The two major issues discussed were cost recovery and what to do with the 352 megawatt Cherokee 4 coal fired power plant in Adams county. Regarding cost-recovery, the debate focused on timing. Xcel wants to be paid up front for the investments required to […]
EPA’s Ozone Decision Means That HB 1365 Is Most Cost-Ineffective Environmental Policy, Ever
The putative mission of HB 1365 is for Colorado to address “reasonably foreseeable” federal air quality regulations in a holistic fashion, which is supposedly more cost-effective than a piece-meal approach. When it rolled out the legislation, the Ritter administration told the PUC that there were eleven “current and foreseeable air quality requirements (see slides 13 […]
PUC Chair spends lots of time out of the office
Just about the time that Xcel Energy customers have recovered from the sticker shock of this summer’s air conditioner tax, ratepayers await another decision from the Public Utilities Commission on how much more their bills will increase – this time due to HB 1365, the controversial fuel-switching bill. Our paper “Colorado’s Clean Air Clean Jobs […]
Heading into HB 1365 Crunch Time, A Rundown of Who Is Hoping for What
As reported yesterday by Mark Jaffe in the Denver Post, the PUC on Monday partially ruled on Xcel’s HB 1365 implementation plan. Nothing controversial was determined; instead, the PUC approved elements that were common to all of the plans “on the table.”* The disputed subject matter was left for today—namely, what is to be done […]
Why Wouldn’t Wirth Say “New Energy Economy”?
Governor Bill Ritter takes a great deal of pride in having coined the phrase “New Energy Economy” to describe the raft of expensive energy policies his administration has pushed through the General Assembly. Earlier this year in Aspen, for example, Governor Ritter noted that, “If you Google it [the phrase “New Energy Economy], I think […]
Response to Senator Tim Wirth's Denver Post Column on Colorado's "Clean Energy Economy"
On Tuesday November 30, former Colorado Senator Tim Wirth wrote an op-ed for the Denver Post on Colorado’s “Clean Energy Economy.” The article, titled, “Leading the way to a sustainable energy future,” is mostly wrong. To wit, he suggested that the 2010 Clean Air Clean Jobs Act (CACJA), legislation that effectively requires fuel switching from […]
Can CDPHE Be Trusted To Measure Ozone?
Earlier this month, I asked whether CDPHE (a.k.a., “the Department”) is cooking the books on Colorado ozone. In particular, it struck me as suspicious that the Department used data from 2006, an anomalously active wildfire season, as inputs for models used to project ambient air concentrations of ozone through 2020. You can read all about […]
