Working as chairman and chief scientist at the Rocky Mountain Institute, the research institute he cofounded in 1982, Amory Lovins continues to sell his ideas to a more receptive industry, and he doesn’t hesitate to go after counter-arguments with which he disagrees.
The North American electric-power sector remains highly fragmented, with much consolidation potential.
During the last few years, the generating asset-ownership structure in North America has gone through a major change. During one of the most severe bust cycles of the industry, and the gradual recovery of the markets, significant amounts of assets have changed hands.
How trading hazards affect enterprise risk management at utilities.
Terry Pratt, Arleen Spangler, Richard Cortright, and Steve Dreyer
Over the past 15 years, trading’s role at utility companies has evolved substantially from ensuring sufficient power and fuel supplies for ratepayers to taking large, open, and speculative positions and maximizing asset value. Along with that evolution come a host of new business and financial risks for utilities.
Do states have any rights in siting LNG terminals?
William A. Mogel and Shuchi Batra
Natural gas often is called the world’s most perfect fuel. And since it can be transported as liquefied natural gas (LNG), and, as LNG, is projected to meet 20 percent of the country’s natural-gas requirements by 2025, the construction of onshore LNG terminals is crucial for the United States. Siting of LNG terminals is contentious as states and a range of stakeholders challenge and seek to frustrate FERC’s permitting authority.
How new market-based regulations fit with today’s programs.
Sam Napolitano, Melanie LaCount, James O. Lee, Beth Murray, Mary Shellabarger, and Sam Waltzer
What do the Clean Air Interstate Rule, the Clean Air Mercury Rule, and the Clean Air Visibility Rule require of the power sector? Authors from the Environmental Protection Agency review implementation progress.
The Supreme Court’s recent decision empowering the Environmental Protection Agency to regulate carbon dioxide shifted momentum toward a mandatory program to cap greenhouse-gas emissions. Eventually, there will be huge implications for power generation.
What we can learn from retail-rate increases in restructured and non-restructured states.
J.P. Pfeifenberger, G.N. Basheda, and A.C. Schumacher
Significant rate increases in many retail-access states have regulators and policy-makers asking whether customer choice and utility restructuring have failed, and what they can do about these rate increases.
The latest resistance to deregulation is built on a foundation of lies.
Todd W. Bessemer and Francis X. Shields
A motley assortment of naysayers and recalcitrants continue to oppose competitive electricity markets around the world. But the alternative to markets is centralized command economics—a discredited concept that deserves to be consigned to the dustbin of history.
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