Fukushima shockwaves hit America’s nuclear renaissance.
In the aftermath of the March 11 earthquake and tsunami, questions are arising about the safety and survivability of reactors located in geologically active areas. Major changes might be required, and as a result the U.S. nuclear industry might face an existential challenge on the order of the Three Mile Island accident.
Unlocking value in the evolving energy marketplace.
Non-traditional competitors may pose a threat to investor-owned utilities. New research shows that real competition is coming from brick-and-mortar retailers, cable and phone companies, and online retailers like Amazon and Google. The competitive challenge calls upon utilities to strengthen customer relationships.
Integrating distributed resources into the smart grid.
The remedy for America’s gravest economic woes may lie in a smart grid that can deliver vast amounts of clean, renewable energy while enhancing our energy security and democratizing our energy system. Although regulatory questions and technical challenges might dominate the industry’s short-term focus, the smart grid’s driving forces parallel America’s long-term national interests — a fact that should guide ongoing technology strategies and investment decisions.
(May 2011) Florida Power & Light unveils hybrid solar power plant; SECO selects Sensus for smart grid technology; Lockheed to implement Con Edison energy efficiency programs; Elster partners with SAIC to deliver comprehensive smart grid solutions; Columbia Power Technologies deploys wavepower prototype system; plus contracts and announcements from GE, Siemens, Verizon Wireless, DT, Xcel, Tenaska Solar and others.
Capital Power acquires Bridgeport Energy plant; ReEnergy Holdings acquires cogeneration facilities; Dominion Resources raises capital through bond issue; Edison Mission Energy refinances debt and others.
Only the fittest solutions survive in America’s policy wilderness.
All things being equal, momentous events like the Fukushima nuclear disaster and the Arab spring would bring fundamental changes in U.S. energy policy. But things aren’t equal, and they never will be under America’s democratic and capitalistic process. Frustrating? Maybe, but it’s the only way to ensure our decisions are based on sound economic and environmental principles.
Getting the most from demand response—despite a flawed FERC rule.
FERC’s new rule on compensation for demand resources tips the market balance toward negawatts. Arguably the commission’s economic analysis is flawed, and the rule represents a covert policy decision that stretches federal authority. Nevertheless, economic benefits will result if DR programs are well implemented to avoid gaming the system and distorting the market.
Large grids can integrate more wind—without major burdens.
Despite the variable nature of the resource, wind can be managed so that it will not impair the reliability of a utility system. The Federal Energy Regulatory Commission proposed a rule that would require changes to the way transmission service is scheduled, which would enhance the ability of balancing authorities to integrate wind.
Integrating renewables in New York.
New York has developed new market mechanisms intended to effectively incorporate large amounts of renewable energy in the future — up to six times the current levels of intermittent energy without impacting system reliability. New York ISO executive Rana Mukerji explains how the market will drive new investment in renewable energy in the state.