Building A Smarter Grid. Can Smart Grid Technology Change The Way We Use Electricity?


from the Richmond Fed

-- this post authored by Eamon O'Keefe

On the hottest days of summer, when many Americans turn down their thermostats and crank up their air conditioners, electric utilities have to boost production to meet high demand. The power plants they bring online often are more expensive to operate, yet electricity prices rarely change. Economists envision an electricity marketplace in which prices reflect the true cost of producing electricity so that consumers and producers are constantly adapting to real-world conditions.

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 more WWRT

What We Read Today 26 November 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Crisis Chronicles: The Cotton Famine Of 1862-63 And The U.S. One-Dollar Note

from Liberty Street Economics

-- this post authored by James Narron and Don Morgan

When the U.S. Civil War broke out in 1861, cotton was king. The southern United States produced and exported much of the world's cotton, England was a major textile producer, and cotton textiles were exported from England around the world. At the time, many around the world depended on cotton for their livelihood.

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Infographic Of The Day: The World's Greatest Fears

Did you know that inequality is the top fear for both North Americans and Europeans?

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Video of the Day:

Very funny Ads Commercials From Thailand - Compilation 2015

video of day picture

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 more investing, markets, precious metals & forex

27Nov2015 Pre-Market Commentary: Likely A Quiet Black Friday

 more opinion

Rethinking Development Strategies Fiscal Space

by Dirk Ehnts, Econoblog101

The UNCTAD has a new book on development strategies (free pdf available). There is a section of fiscal space, which is an idea that is discussed quite a lot these days.

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 USA economy at a glance (boxed items are updates in last 7 days)

November 2015 Chemical Activity Barometer Stabilizes

from the American Chemistry Council

The Chemical Activity Barometer (CAB) stabilized in November, rising 0.1 percent following three consecutive months of decline. October data was revised up 0.3 percent and September by 0.2 percent.

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