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Free Trade In Electric Power, Joel Eisen
Free Trade In Electric Power, Joel Eisen
Law Faculty Publications
This Article develops the core legal framework of a new electricity-trading ecosystem in which anyone, anytime, anywhere, can trade electricity in any amount with anyone else. The proliferation of solar and other distributed energy resources, business model innovation in the sharing economy, and climate change present enormous challenges — and opportunities — for America’s energy economy. But the electricity industry is ill equipped to adapt to and benefit from these transformative forces, with much of its physical infrastructure, regulatory institutions, and business models a relic of the early days of electrification. We suggest a systematic rethinking to usher in a …
Can Urban Solar Become A "Disruptive" Technology?: The Case For Solar Utilities, Joel B. Eisen
Can Urban Solar Become A "Disruptive" Technology?: The Case For Solar Utilities, Joel B. Eisen
Law Faculty Publications
After examining the theory of disruptiveness and the inadequacy of current initiatives for renewables, I argue for a disruptive solution to solar. Achieving the kind of deployment that would be required to make a serious down payment on our climate obligations will take something far different than we have seen to date: companies devoted to national (or at least regional), large-scale installations of solar technology, and which are deeply capitalized and willing to take risks to bring solar to many homeowners. I will term these "solar utilities,'' and I propose that one or more of them should take over the …
The Environmental Responsibility Of The Regionalizing Electric Utility Industry, Joel B. Eisen
The Environmental Responsibility Of The Regionalizing Electric Utility Industry, Joel B. Eisen
Law Faculty Publications
In this Article, I will address environmental issues in the context of our rapidly evolving understanding of "restructuring." The market for electricity is fast becoming a series of regional marketplaces for wholesale transactions, operating on bid-based systems that move power at the lowest cost. There are plenty of states where power is still delivered as it has been for decades: by "bundled" service provided by vertically integrated utilities. However, the trend is toward regionalization, where independent entities control the transmission grid and play a major role in determining how power is delivered. These market participants, confusingly, have been known by …