(August 2011) Shaw Group completes 500 MW combined cycle plant; Pattern Energy begins building Spring Valley wind farm; AEP, Duke and TVA team up on interstate transmission line; AEP and MidAmerican contract for Texas transmission projects; Alliant contracts Open Systems International for volt-VAR control system; Alstom buys into AWS Ocean Energy; Siemens acquires shares in PV manufacturer Semprius; Lockheed Martin introduces cyber security system; plus contracts and announcements involving Elster, Itron, Suzlon, Solon, Sensus, Westinghouse Electric, Morgan Lewis and others.
(June 2011) Duke and ATC team up to build transmission lines; AEP installs bioreactor to control selenium emissions; NextEra buys 100 MW of wind from Google; Ocean Power Technologies awards contracts for wave power array; Kansas City picks Elster; BC Hydro picks Itron; plus contracts and developments involving Tres Amigas, Ioxus, Opower and others.
Life, death and nuclear fallout.
Michael T. Burr, Editor-in-Chief
Because we can’t define the consequences of nuclear accidents — and because radioactivity is invisible and undetectable without a Geiger counter — nuclear power’s risks are like shadowy monsters of unknown proportions, inspiring irrational fear. But that’s no excuse for complacency. Learning the lessons of Fukushima-Daiichi requires first acknowledging that we might have overestimated our ability to manage nuclear risks.
State GHG policies confront federal roadblocks.
So far, states have taken the lead in carbon-control strategies. These state actions, however, could lead to constitutional conflicts—as recent court battles demonstrate. Only the U.S. Congress can regulate interstate trade, so states must step carefully in controlling carbon leakage.
An integrated approach could prove more effective for controlling emissions.
Despite political challenges, the EPA and Congress have made strides toward a more coherent and integrated approach to regulating air emissions. The time is right to reach consensus on a multi-pollutant strategy.
Green investments require bulletproof financing.
Originally developed to compensate U.S. electric utilities for regulatory assets rendered uneconomic by deregulation, so-called “stranded-cost” securitization techniques are finding new applications. To date, utilities have issued approximately $40 billion of stranded-cost securitizations. That number could increase dramatically if the industry applies well-tested securitization techniques to the extraordinary costs it faces in the future.
Allowance trading needs oversight, but don’t overdo it.
Catherine Krupka and Susan Lafferty
As Congress mulls omnibus climate-change legislation, questions are arising about the potential for greenhouse gas emissions markets to be manipulated. Current legislation attempts to address the problem, but only a streamlined oversight regime can hope to prevent emissions-trading abuses.
Where are prices going, and where have they been?
Caroline Gentry and Jamie Webster
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.
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.
A win-win situation for the local government, utilities, and industry.
By Gary C. Young, Ph.D., P.E.
Ethanol plants either are operating, under construction, or planned for several areas in the Midwest. These same areas also have municipal solid waste (MSW) produced daily in an existing landfill. In addition, these areas have a need for establishing or extending a landfill.
As an alternative to the existing concept of a landfill, plasma-arc technology has been applied to the treatment of MSW. Known as plasma-arc gasification for the treatment of MSW, this recent development would eliminate or minimize the need for a landfill.