-
The long-awaited SEP2.0 will be
out for public comment for 30 days. Find it at
http://zigbee.org/smartenergy
- ASHRAE SPC201P is available for 45 days for public comment. You can download the relevant documents from ASHRAE:
Wednesday, July 25, 2012
Public Comment Periods
Public comment periods are afoot for two significant Smart Grid standards:
Monday, July 23, 2012
Elasticity isn't rigid... (with update)
It's been a while since I've posted (again) and I promise to get better about regular activity. However, some things have gotten my attention lately.
At a recent meeting, I heard someone in a position of responsibility over electric rates repeat the old saw that “electric demand does not vary with price.” To use the economic-egghead terminology “electricity is price-inelastic.” I was proud of myself for only convulsing mildly.
I am here to tell you that this is flat-out wrong.
“Electricity is not price elastic” is an oft-repeated old saw, not because it is true, but because it is an oft-repeated old saw.
At a recent meeting, I heard someone in a position of responsibility over electric rates repeat the old saw that “electric demand does not vary with price.” To use the economic-egghead terminology “electricity is price-inelastic.” I was proud of myself for only convulsing mildly.
I am here to tell you that this is flat-out wrong.
“Electricity is not price elastic” is an oft-repeated old saw, not because it is true, but because it is an oft-repeated old saw.
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