“A free market in electricity is not ‘utopian’ or problematic. It is practical and timely with a strong intellectual case. It just needs classical liberal champions rather than technocratic schemers.”

“I will not dance to your tune” proclaimed technocrat Lynne Kiesling in our exchanges on electricity policy last year. A free market in electricity is “utopian,” she added in another exchange. All this in the service of a centrally planned wholesale market imbued with government-enabled wind, solar, and batteries (Kiesling’s VPP–‘virtual power plant‘). And an implicit preference for climate alarmism/forced energy transformation from an academic that pretends to be free market but is a woman of system.

Giberson Exchange

And so once again, I debated just this with Michael Giberson (Kiesling’s designated one-off voice in a peculiar relationship).…

“Kiesling intellectually resides in the government sandbox, where dilute, intermittent, fragile, government-dependent wind and solar is coordinated by ISO/RTO planners. Add (subsidized) storage, then whatever is left on the supply side can be equilibrated on the demand side with ‘smart meters’ (another government play) in your home or business.”

She fancies herself a classical liberal, a free-market type fully conversant with the arguments against central economic planning (Mises, Hayek, Lavoie). But when it gets to government planning of the electricity market, her specialty, the veneer comes off. It is ‘market processes’ within the rigged, governmental market. Welcome to the woman of system, technocrat Lynne Kiesling.

Consider this exhibit:

Kiesling intellectually resides in the government sandbox, where dilute, intermittent, fragile, government-dependent wind and solar are coordinated by ISO/RTO planners. Add storage (another government play), and then whatever happens on the supply side can be equilibrated on the demand side with ‘smart meters’ (another government play) in your home or business.…

“Rob’s snide reference to my ‘chess pieces’ is a reference to my unwillingness to agree with his Utopian dismissal of ISO/RTO organized wholesale markets.” (Lynne Kiesling to Vernon Smith, below)

“Yes, playing with government chess pieces (on-grid solar, wind, batteries, ‘smart’ meters) and a centrally planned wholesale market is Statism writ large.” (Robert Bradley to Kiesling, below)

Electricity specialist Lynne Kiesling champions herself as a classical liberal, free-market advocate. But she is just the opposite and relies on obfuscation and charm to advocate and sell

1) government central planning of wholesale electricity and

2) government-enabled wind, solar, and batteries in place of least-cost (central-station) electricity.

It is her “synthetic regulation” or the highway, premised on a belief that there cannot be private property rights to grid electricity.

This woman of system will not forthrightly define what a free market is with electricity.…

“The ‘virtual power plant’ is the end-state of electricity interventionism, where government-subsidized wind, solar, and batteries–and in-home regulated (rationed) electricity use, via ‘smart meters’–replace consumer choice and taxpayer neutrality in a free marketplace.”

Lynne Kiesling has long sold herself as a freedom-loving classical liberal. Except she is the opposite when it comes to her specialty, electricity markets. This social media post is illustrative.

The “virtual power plant” is the end-state of electricity interventionism, where government-subsidized wind, solar, and batteries–and in-home regulated (rationed) electricity-use, via “smart meters”–replace consumer choice and taxpayer neutrality in a free marketplace.

Tomorrow’s post, “Free Market Electricity,” will outline the worldview of the missing-in-action alternative to Kiesling’s politically correct statism.

Appendix A: Critical Posts on Kiesling and Electricity

Electricity Statism Conference: Kiesling Rides High (June 25, 2024)

The Great Texas Blackout of 2021: Triumph of the Unreliables (February 20, 2024)

Kiesling vs.…