Impact of Quantum Movement Theory on Energy Policy
Cooper Wade and
Olusegun S. Tomomewo
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Cooper Wade: Institute for Energy Studies, Grand Forks, North Dakota 58202 USA,
Olusegun S. Tomomewo: Grid Power, Little Rock, Arkansas 72205 USA.
International Journal of Energy Economics and Policy, 2023, vol. 13, issue 3, 262-270
Abstract:
The Federal Energy Regulatory Commission (FERC) has been tasked with ensuring that the United States of America maintains a reliable electric grid that provides its citizens with affordable power and energy security. This responsibility of regulating electric energy delivery comes with the ability to charge and collect Interstate Commerce Tax. In this ability, is the separation of state and federal regulatory of electricity transactions, which is a contested topic in the U.S. Supreme Court. The reason for this is that FERC is trying to enforce Interstate Commerce Tax control over any equipment that poses the potential to generate electricity. They re utilizing the 1880 s understanding of direct current (DC) electricity which moves through the flow of electrons , and therefore this gives them direct authority over all generators interconnected to the grid. Using the Quantum Movement Theory of Alternating Current established in 2023, this notion of a flow of electrons does not occur on the grid, and therefore restricts the jurisdiction and the taxing ability of FERC (Wade et al., 2023). This change would increase the implementation of Distributed Energy Resources (DERs) and save transmission operators, electric utilities, and ultimately consumers up to $500 million per year over the next several decades.
Keywords: Interstate Commerce Tax; FERC; Electron Theory; Quantum Movement Theory; Energy Policy; Distributed Energy Resources (search for similar items in EconPapers)
JEL-codes: H21 K23 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2023-03-31
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