John Jaffray

finance, energy

[John Jaffray @johnsjaffray]

@elonmusk don't forget corrupt politicians... (felons?)

[John Jaffray @johnsjaffray]

@JohnLeFevre disagree

[John Jaffray @johnsjaffray]

@TKavulla @PA_PUC I agree with you there. If any should be "protected" it should the resi. That said, the entire pricing structure of the power mkts is broken, incentives misplaced, prerogatives allocated exactly wrong.

[John Jaffray @johnsjaffray]

@TKavulla no doubt...!

[John Jaffray @johnsjaffray]

@RobGramlichDC it is good, but still gotta be here too

[John Jaffray @johnsjaffray]

@agelston chuckle - take a guess!! regards.

[John Jaffray @johnsjaffray]

@fancy_1982 @TKavulla my gut isthe arb lost to incumbents is maybe 20% or more of a 4,200 TWh mkt - the biggest arb oppty I have ever seen in my career.

[John Jaffray @johnsjaffray]

@fancy_1982 @TKavulla ok... but nodal is also a sham in that it does not get to root of prob. leaves term mkts to incumbents so they can trade into massive vol when it occurs, AND covers all their costs when lmps are soggy...

[John Jaffray @johnsjaffray]

@fancy_1982 @TKavulla what do you mean by that, exactly...? thx

[John Jaffray @johnsjaffray]

@lawofruby amazing articulation of that judicial proceeding. thx and very clear... I may be wrong, but I recall a section in the Isaacson book on Leonardo, speaking to similar conclusion of in and out of body viabilities... thx good work.

[John Jaffray @johnsjaffray]

@JoshuaBasseches There is no doubt that the dominant bias in utility is status quo...no competition. Utility space in the US is probably the only 'unreconstructed' market opportunity... left.

[John Jaffray @johnsjaffray]

@KattyKay_ @SecondGentleman as the husband of a strong woman, I agree!

[John Jaffray @johnsjaffray]

@TKavulla no doubt. Premise 1: power mkts in US are broken. 2: utils arent gonna fix them. 3: if you know your load, know your gen, why all the vol? Because incumbents can trade into it.... party on garth!

[John Jaffray @johnsjaffray]

@SimonMahan exactly, it is not exactly a suprise. remember, the incumbent generators (conflicted as they own the means of delivery), love these high prices. They cover up alot of mistakes and give them juicy profits,

[John Jaffray @johnsjaffray]

@archer_rs i kinda think it is... use threads way more...go there.

[John Jaffray @johnsjaffray]

@itsjuststephfox I am with you on that!

[John Jaffray @johnsjaffray]

@akafacehots you are joking, right?

[John Jaffray @johnsjaffray]

@archer_rs as a MN guy, agreed... stuff works great here!

[John Jaffray @johnsjaffray]

@kyle__cb @paces_ai @FrankReig looks good! add markets

[John Jaffray @johnsjaffray]

@geraldposner wrong