Jacob Mays
@jacob_mays
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Assistant Professor @CEECornell working on energy systems and decision making under uncertainty. Tweeting in a personal capacity.
Ithaca, NY
Joined June 2011
The question is, do consumer groups 1) want FERC to improve load forecasts or 2) want FERC to give buyers the ability to make their own load forecasts (and pay for the consequences if they get it wrong)?.
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RT @JEBistline: 📢 Just launched: Our REGEN energy systems model is now open source!. REGEN is a detailed and flexible energy systems modeli….
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Potentially disagreeing with some other takes I have seen: this seems to be an issue with reserve deliverability, something that improved dispatch algorithms might be able to address without the need for more hardware.
Earlier this evening, MISO issued a load shed request (temporary power outages) of approximately 600 MW in Louisiana to @Entergy and @ClecoPower to maintain the reliability of the bulk electric system. High temperatures in Louisiana led to higher-than-expected demand, and with.
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RT @_brianpotter: Inspired by this thread, I started a new Twitter account dedicated to posting pictures of infrastructure that looks like….
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Why is NYISO a compelling place for crypto?.
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RT @TKavulla: There are big differences between Trump 1.0 and Trump 2.0. One area that constitutes a marked improvement in approach is in t….
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So, I think my take is slightly different from @AriPeskoe 's (. Whereas the "Grid Resiliency Pricing Rule" was dead on arrival, there's a version of the new order that could work (subject to all the considerations in Ari's article).
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Not sure if this counts as a hot take on the Trump EO, but there is only one "uniform methodology" consistent with principles of competitive markets, and it is marginal ELCC based on expected unserved energy (.
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New working paper, "Operational Uncertainty and the Missing Money Problem." Here we argue that competitive electricity markets probably overcompensate peakers relative to plants whose production is spread over more hours of the year (e.g., nuclear)
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RT @BDLeibowicz: The Energy, Natural Resources, and the Environment (ENRE) section of @INFORMS invites nominations for our five annual Best….
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RT @EnergySystemsIG: 💡 UPCOMING WEBINAR 💡 . "Electricity Market Visions to Support a Reliable and Affordable Electric Grid under Electricit….
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RT @EnergySystemsIG: 🚨 NEW ESIG REPORT 🚨 . "Electricity Market Visions to Support a Reliable and Affordable Electric Grid Under Electricity….
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We are recruiting for an undergraduate summer research opportunity in electricity market modeling through Cornell's Office of Inclusive Excellence. Check it out here:
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RT @knowledgeprob: I'm starting off 2025, a year when I'll write a lot about the role of markets and innovation in enabling our future powe….
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Our new study led by @fnbillimoria on "Hedging and tail risk in electricity markets" is now out in Energy Economics. 50-day share link:
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Now in Energy Economics, our paper led by @Han_Shu1 on the challenge of allocating the cost of transmission in a manner "roughly commensurate with benefits" when nobody can agree what the benefits are. 50-day share link:
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RT @AriPeskoe: The new Energy Law Journal is here!.@Maceyjoshua and @jacob_mays on transmission cost allocation and Order No. 1920. @cece_c….
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I think Appendix C of this NYPA report is the clearest summary of interconnection process and recent reforms that I have come across for any system:
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Certainly seems like we're just going to keep applying short-term patches instead of doing something principled on queue reform.
On the heels of FERC's approval of CAISO's prioritization of #interconnection requests, PJM is now proposing to prioritize interconnections of larger projects with higher capacity accreditations Expect similar efforts to come in other RTOs as well.
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