Shale gas makes it easy to be green.
Michael T. Burr, Editor-in-Chief
In terms of the political calculus, GHG regulation faces an uncertain future, at least into 2013. And as a flood of cheap gas erodes the perception of an impending environmental crisis, politicians will have less incentive to impose carbon constraints. Does shale gas signal the end of the road for greenhouse gas regulation?
Former Pres. Bill Clinton and other dignitaries help Duke, Cisco and Charlotte, N.C., launch commercial efficiency initiative; AEP signs 20-year MOU to buy solar output from New Harvest plant; Wartsila expands gas-fired generator in Turkey; U.S. DOE awards geothermal RD&D grants; GE acquires Dresser for $3 billion, and also acquires Calnetix industrial cogen technology; SunEdison sells 70 MW Rovigo PV plant; Ford Motor Co.
Can the grid handle the coming electric vehicle load?
As electric vehicles become commonplace, will the grid be able to handle the extra load? Too many cars plugging in at once might cause disruptions and necessitate costly infrastructure upgrades. Handling the vehicle load in a smart way, however, will ensure a smooth transition to the plug-in future.
Industry giants start the EV revolution.
Reports of the electric car’s death are greatly exaggerated. Technology, economics and politics are driving a new start for electric vehicles; already dozens of EV models are heading for U.S. showrooms. Electricity won’t replace gasoline overnight, but utilities are planning today for tomorrow’s transportation load.
(February 2010) Iberdrola USA announced that Kevin Walker joined the company as chief operating officer. Mark Lynch is named president of subsidiaries New York State Electric & Gas and Rochester Gas and Electric. Alliant Energy promoted Patricia Kampling to executive v.p., CFO and treasurer. John Larson is promoted to senior v.p.-generation, with more responsibilities involving generation-related duties. And more...
State attorneys general target energy policy issues.
Larry Eisenstat, Fred Lowther, Bernard Nash and Divonne Smoyer
As energy issues take center stage in the policy debate, state attorneys general increasingly are using their political influence and legal authority to affect a wide range of areas—from greenhouse-gas emissions to siting and development of infrastructure projects. Working constructively with state AGs can help utilities avoid becoming targets of investigation and litigation.
(January 2009) El Paso Electric (EPE) selected David W. Stevens as CEO. DPL Inc. promoted Frederick J. Boyle to senior vice president, CFO and treasurer of DPL and its principal subsidiary, The Dayton Power and Light Co. Great Plains Energy named Todd Kobayashi v.p., strategy and risk management. Consumers Energy promoted Richard J. Ford to vice president of energy delivery. And others...
Southern Company named Ronnie Labrato vice president, internal auditing. FirstEnergy’s board of directors elected Gary R. Leidich executive vice president and president of FirstEnergy Generation, and Richard R. Grigg executive vice president and president of FirstEnergy Utilities. Exelon named Ian P. McLean to lead its finance and markets organization. And others...
Why developers today are often kept waiting to get projects ok’d to connect to the grid.
Late last year FERC learned that the Midwest regional grid likely would require at least 40 years — until 2050 — simply to clear its backlog of proposed gen projects awaiting a completed interconnection agreement to certify their compatibility with the interstate power grid. But grid engineers would meet that date only by shortening the process and studying multiple projects simultaneously in clusters. To apply the process literally, studying one project at a time, as envisioned by current rules, the Midwest reportedly would need 300-plus years to clear its project queue.
The need for many hundreds of billions of dollars in capital expenditures creates huge opportunities and challenges, especially in a more challenging credit environment.
An estimated $900 billion of direct infrastructure investment will be required by electric utilities over the next 15 years, and $750 million already is in place. Nukes, renewables, low-carbon technologies, combined-cycle gas turbines—all have faced cost challenges. The magnitude of the numbers requires a multi-pronged approach.