Past accomplishments and future plans.
Policy makers in the E.U. and the United States are taking different approaches to facilitating smart grid development. While both regions are setting standards that the rest of the world likely will follow, they also face difficult challenges in resolving issues around cost recovery, customer engagement and workforce preparedness.
Technology creates new opportunities for demand- side management
By Kristin Brief and Brad Davids
Customer value is a key factor in any smart grid business case. But not all customers are created equal. In particular, commercial and industrial (C&I) customers have greatly different needs, considerations and sensitivities, compared to residential customers. As a result, demand response and efficiency programs won’t produce the same results across customer classes. Getting the most from the C&I market will depend on integrating smart grid with smart building technologies.
Higher prices to come?
For decades, global uranium suppliers have been providing low cost reactor fuel in plentiful supplies. However the market is changing, and nuclear fuel prices are set to increase. Some plants will be affected more than others, but the age of uranium cost certainty is coming to an end.
Utility deals resume after 18 months of austerity.
Utilities are taking advantage of a sweet spot in the capital markets, pre-funding and refinancing at record low rates. But cheap money won’t resolve overhanging uncertainties preventing cap-ex projects and M&A deals. Greater certainty in America’s economic and policy outlook will clear a path for strategic change.
Local communities welcome new reactor projects.
Visitors to Waynesboro in northeast Georgia might be surprised at local residents’ opinions about two new nuclear energy plants planned for that site; namely, they’re giving the reactors a warm welcome.
Siemens Energy has been awarded an 18-month, $300,000 R&D program by the Illinois Clean Coal Institute to study the effects of coal and coal-derived syngas combustion on the behavior of material and coating degradation in utility boiler and gas turbine environments. Focus areas of the research program will explore materials degradation modes in integrated gasification combined-cycle (IGCC) systems and utility boilers.
GHG reduction via residential electricity ratemaking.
Energy efficiency holds the key to meeting lofty greenhouse-gas (GHG) reduction goals. Rate design can help—specifically residential inclining block rates should be considered as part of the industry’s efforts to comply with forthcoming GHG targets.
(April 2009) DPL Inc. promoted Daniel McCabe to chief administrative officer and senior v.p., from senior v.p. Ameren Corp. announced that Thomas R. Voss will succeed Gary L. Rainwater as president and CEO effective May 1, with Rainwater remaining in the role of executive chairman. Pepco Holdings Inc. (PHI) announced that Joseph M. Rigby is president and CEO. And others...
ITC and AEP jockey for the lead in building the grid of tomorrow.
On February 9, a group of the nation’s major grid system operators released a study estimating the nation’s electric industry sector needs to spend some $80 billion—more than 10 times the size of that portion of the Obama stimulus package directed specifically at transmission construction—in order to achieve a 20 percent retail penetration for renewable wind energy in just the Eastern Interconnection.
Hard numbers support operating- and capital-cost claims for gen plants.
By David Bell and Jason Makansi
It’s been a long time since many electric utilities have had to ask their rate commissions for the amounts of money they’re asking for today. States with deregulation programs either have frozen rates or reduced them over the last decade, in the hopes that competition would naturally lower prices to consumers. Now those programs are ending and their success is questionable. Utilities in more regulated states haven’t faced since the 1970s new build programs like the ones currently contemplated.