News and commentary about energy and energy policy in the Volunteer State
Friday, August 29, 2008
TVA buys electricity
Calpine Corp. said Thursday it signed a three-year agreement to sell 500 megawatts of electric power generated at an Alabama energy center to the Tennessee Valley Authority. Link...
It is estimated that a third of all resources are allocated outside of markets, via the public sector. The remaining two thirds of resources are allocated in markets that are regulated by the public sector. Small changes in policy can have a dramatic impact on the direction and flow of resources in a particular sector of the economy and thereby on the well-being of society. Good information and analysis facilitates good debate and, in the end, good policy.
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