Jim Bushnell - Conduct provisions in electricity markets
Hancock's blog
I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in August as the S.T. Lee fellow at the New Zealand Institute for the Study of Competition and Regulation. Last week’s instalment was the last official episode in the series where Jim reflected on where the current stories about price manipulation in US power markets may end. While we were wrapping up, I asked Jim about conduct provisions – which Gasman asked about on my blog way back in August last year. This is what he said. Topically enough, it’s very close to where...
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Jim Bushnell - When it's ok for banks to rort power markets (again)
Hancock's blog
What JP Morgan did and what it says about US electric market design I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in August as the S.T. Lee fellow at the New Zealand Institute for the Study of Competition and Regulation. Before the Christmas break, Jim explained why the current cases of price manipulation in US power markets aren’t Enron all over again. It’s all about the complex market design in the US, which internalises a plethora of externalities - and what happens when traders play there. This week he reflects on where...
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Enron 2 (again)
Hancock's blog
Jim Bushnell on the current cases of price manipulation in US power markets I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in August as the S.T. Lee fellow at the New Zealand Institute for the Study of Competition and Regulation. He gave a lecture in Wellington asking If Electricity Liberalisation is So Great, why does everybody hate it? Last week, Jim talked about how Enron made its money in California. This week, we go back to the current cases that the federal regulator in the US has brought against JP Morgan...
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Jim Bushnell - Enron's Californian Trading Strategies
Hancock's blog
Entertaining and fully disclosed - but less potent than market power I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in August as the S.T. Lee fellow at the New Zealand Institute for the Study of Competition and Regulation. Last week, Jim explained what the 2001 Californian Power Crisis did for the political career of Arnold Schwarzenegger, amongst others. This week he talks specifically about how Enron made its money in California – the strategies are well disclosed but what they made was peanuts compared to some of the other...
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Jim Bushnell - Electricity and the career of Arnold Schwarzenegger
Hancock's blog
You can take the politics out of power but... I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in August as the S.T. Lee fellow at the New Zealand Institute for the Study of Competition and Regulation. Last week, Jim talked about the counterintuitive blackouts in the 2001 Californian Power Crisis they saw – even when there was surplus generation capacity available. This week he explains what it did for some high-profile political careers, including that of Arnold Schwarzenegger. In August, Bushnell gave a lecture in...
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Jim Bushnell - Blackouts with surplus generation?
Hancock's blog
How the Californian Power Crisis went from financial to physical I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in August as the S. T. Lee fellow at the New Zealand Institute for the Study of Competition and Regulation. Last week, Jim started to explain what actually happened in the 2001 Californian electricity crisis. This week he talks about the counterintuitive blackouts they saw – even when there was surplus generation capacity available. In August, Bushnell gave a lecture in Wellington asking If Electricity...
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Jim Bushnell - What really happened in the California Power Crisis
Hancock's blog
Bad market design or maverick trading? I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in August as the S. T. Lee fellow at the New Zealand Institute for the Study of Competition and Regulation. Last week, Jim gave us his perspective on the California electricity crisis and Enron’s role in it. He doesn’t think they were the real problem. This week he starts to explain what was. In August, Bushnell gave a lecture in Wellington asking If Electricity Liberalisation is So Great, why does everybody hate it?
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Jim Bushnell - Enron in California (take 2)
Hancock's blog
What an expert thinks I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in August as the S.T. Lee fellow at the New Zealand Institute for the Study of Competition and Regulation. Last week, Jim explained the problems that Single Buyer proposals faced in the US 10 years ago – useful input to the debate over NZ Power. This week I get to talk about Enron again: Jim lives in California and was there when they were – he gives us his perspectives. In August, Bushnell gave a lecture in Wellington asking If Electricity...
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Jim Bushnell - Single buyer markets
Hancock's blog
Not again? I’m taking to , an Associate Professor at the University of California, Davis – who was in New Zealand in 2013. This is from a series of podcasts I recorded back then which remain relevant today as we ask questions again around electricity market reform. Last week, I asked Jim about the Labour-Green Power NZ proposals – it rang a few bells. This week he explains the problems that similar proposals faced in the US 10 years ago. In August, Bushnell gave a lecture in Wellington asking If Electricity Liberalisation is So Great, why does everybody hate it?.
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Jim Bushnell - How NZ Power looks from California
Hancock's blog
Surprisingly familiar I’m talking to , an Associate Professor at the University of California, Davis – who was in New Zealand in 2013. This is from a series of podcasts I recorded back then which remain relevant today as we ask questions again around electricity market reform. Last week, Jim talked us through the reform process the US followed and reflected on the results in 2006: higher prices in the states that had deregulated. This week I ask him about the Labour-Green NZ Power proposals – it rang a few bells. In August, Bushnell gave a lecture in Wellington asking If...
info_outlineOr will we attract and retain our future workforce as it is?
For the next few weeks, Sophie is talking to Deanna Anderson who’s the Kaitohu of the Energy Academy which is working to grow our talent pool in support of a sustainable energy system.
Last week Deanna and Sophie talked about the importance of reverse mentoring where younger workers may need to coach those who’ve been in the workforce for a while and how technology could change the way we pursue and manage productivity.
This week, Deanna’s challenge is that our working environment was designed by men to enhance the productivity, well, of men – and whether that’s going to be ok?