The National, Rob Crilly
Robert McCullough of McCullough Research, an energy consultancy in Oregon, said there were clear advantages for electricity companies at a time when consumption was dropping along with prices.
“The issue is simple. The energy crisis is over. We have vast surpluses emerging in the US and Canada. And that’s good news,” he says.
“The question is, is this a suitable load for a utility?”
Bellview Reporter, Raechel Dawson
CENSE said they retained energy experts to testify at public permit hearings in the coming months. One such expert is Robert McCullough, a Portland-based energy economist whose investigative work led to the criminal convictions of Enron after the California energy crisis in 2001, CENSE officials state.
“PSE still relies on 20th-century technology, instead of 21st century options like battery storage and smart technology,” McCullough is quoted in the news release. “PSE should stop using outdated technology to serve one of the world’s most vital technological centers.”
Bitcoin.com, Jamie Redman
According to local reports, cryptocurrency miners are finding themselves traveling the ‘Oregon Trail’ for cheap and reliable electricity. Terrence Thurber operates the biggest mining operation in the state called Oregonmines in a small town called Dalles. There are roughly 12 more mining operations in the Oregon, and Robert McCullough of Portland General Electric (PGE) says more facilities are on the way. However, McCullough is not too impressed by the mining movement staking claim in Oregon.
“We may well become the center of crypto-mining in the world,” the PGE consultant McCullough told the local press.
The Oregonian, Ted Sickinger
“The utilities should love this” future, said Robert McCullough, a Portland energy consultant, noting that utilities don’t earn a rate of return on their fuel costs, only the capital they invest in hardware. “This is a lot of new hardware.”
Vancouver Sun, Robert McCullough
A month ago, I had the honour of sitting down with the NDP cabinet and Premier John Horgan. I gave a detailed presentation why proceeding with Site C would be costly and risky. Curiously, after the cabinet meeting the only followup involved questions from specific MLAs — not inquiries from the cabinet or their staff.
Vancouver Sun, Robert McCullough
This fallacy, which is related to status-quo bias, can also be viewed as bias resulting from an ongoing commitment. For example, individuals sometimes order too much food and then over-eat ‘just to get their money’s worth.’ Similarly, a person may have a $20 ticket to a concert and then drive for hours through a blizzard, just because s/he feels that s/he has to attend due to having made the initial investment. If the costs outweigh the benefits, the extra costs incurred (inconvenience, time or even money) are held in a different mental account than the one associated with the ticket transaction.
Recent press reports indicate that a substantial electric market may be emerging for these tariff sensitive, highly mobile loads. Given North America’s falling energy prices, some utilities may find these attractive customers. There may also be significant downsides as well.
The Trump administration has included the privatization of the Bonneville Power Admin-istration’s assets in its budget proposal for FY 2019. In doing so has in effect proposed a transmission cost increase for BPA’s customer ranging from 24% to 40% depending on whether FERC would recognize an increase in rate base to reflect purchased price.
The Columbia Generating Station continues to fail a basic market test that was devised by the Bonneville Power Administration two decades ago.