Energy Policy & Legislation

Transmission Incentive Overhaul

FERC’s ROE incentive adder policy sends the wrong signals.

FERC is offering incentive rates to entice transmission investment. But the authors identify serious flaws in emerging policy regarding return on equity (ROE) incentive adders. Determining whether and when ROE adders are appropriate requires a more deliberative approach.

A Multi-Pollutant Strategy

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.

Memo to the President-Elect (Part 2)

A clear and present need for nuclear energy expansion.

Addressing climate change will require extending the life of today’s nuclear fleet and laying the foundation for new plants.

Memo to the President-Elect (Part 1)

A clear and present need for nuclear energy expansion.

The new administration might be our last, best hope for recapturing America’s technological and economic superiority. The time has come to institute an “Apollo Project” level of effort to convert to a carbon-free energy infrastructure while tossing aside the business-as-usual model. The future lies in nuclear power.

Boucher's Gambit

A “clean” bill on carbon tech won’t stay clean for long.

An interesting development in the climate change debate occurred this summer in the U.S. Congress. It wasn’t the Senate’s work on the Lieberman-Warner Climate Security Act; that was a complete palaver and an embarrassment for American democracy. No, it was a bill quietly introduced by Rep. Rick Boucher (D-Va.), chairman of the House Energy & Air Quality Subcommittee.

The Politics of Carbon

The 2008 elections portend federal regulation of greenhouse gases by 2010.

The outcome of the 2008 elections will determine how the nation deals with greenhouse gas emissions. With the presumptive nominees for president for both parties supporting mandatory GHG regulation, a cap-and-trade system likely will become U.S. law. How soon and how tough depends on the choices voters will make in November.

Energy Technology: Cultivating Clean Tech

New Models for Energy RD&D: A new ‘Clean Energy Institute’ could lead the industry’s war on climate change.

Clean-energy R&D needs better funding and leadership to meet aggressive greenhouse-gas emissions reduction targets. But how does the industry get there, and what management model best suits achieving such lofty goals? A new ‘clean-energy institute’ might be the answer.

Seeing Green

Wind deals promise brisk business for years to come.

(May 2008) Senators were voting on legislation to extend the renewable production tax credit (PTC) as this issue of Fortnightly went to press. But with federal tax support for windpower in a perennial state of limbo, is the current rate of growth sustainable? To find out, Fortnightly spoke with Andrew Redinger, managing director and head of the utility and alternative energy group at KeyBanc Capital Markets.

Green Heroes

Utilities can transform the world’s energy economy.

Perceval’s sagas are largely forgotten today, but at least one of them serves as a useful metaphor for an industry seeking the proverbial Holy Grail of clean-energy technology—specifically, the tale of Perceval and the Fisher King.