Strategy & Planning

U.S. Gas Production: Can We Trust the Projections?

Government (EIA) forecasts suffer in credibility when compared with geologic assessments.

The EIA predicts that natural gas consumption will climb more than 60 percent percent over 20 years, driving U.S. production up 50-plus percent over the same period. How does that square with geologic assessments?

Reading the T&D Leaves: How Interest Rates Influence Prices for Wires Services

The strong correlation holds lessons for power marketers, who naturally will build large short positions on delivery service.

The analysis shows how one could expect allowed return on equity to change as interest rates change and the resulting financial effect on endusers. The positive side of this thought process is that a continuing low interest rate environment should attenuate the effect of high commodity prices for retail users of electricity.

The Bush Plan and Beyond: Toward a More Rational U.S. Energy Policy

Any plan to reduce energy consumption should rest on economics — not ideology.

In addition to increasing total U.S. gas consumption to 34.7 Tcf in 2020, it would take another 11.3 Tcf/year to convert existing coal-fired U.S. steam-electric capacity to gas-fired combined-cycle units operating at the same load factor. Clearly, that is a tall order. Nevertheless, we must face the fact that there are few alternatives other than backing out coal-fired generation that would reduce global carbon emissions to a total of less than 870-990 million metric tons between 1991 and 2100. The logical endpoint will be electrification of most stationary energy uses with high-tech renewable or essentially inexhaustible energy sources, and the use of hydrogen from non-fossil-fuel sources as the dominant transportation fuel.

The Song of Competition: Still as Sweet Without Cheap Gas?

More ruminations on the "stranded ratepayer."

Two readers — President and CEO of El Paso Electric James Haines and Richard D. Cudahy, Judge for the U.S. Court of Appeals for the Seventh Circuit, Chicago — respond to a letter written about Cudahy's article “The Stranded Ratepayer” (March 15, 2001, p. 26).

Forget Black Gold or Texas Tea …

From Malibu to Beverly Hills, they all want a personal generator.

While it may not be the end-all, fix-all solution for the California energy crunch, many individuals have found that the use of personal generators is definitely worthwhile, particularly when it comes to keeping cool.