People In Power

From Both Sides Now: Bob Rowe Retiring

NorthWestern Energy

“Dealing with supply restructuring was challenge enough, but as Montana Power transitioned into being a telco, which ended up in a liquidation bankruptcy, NorthWestern Public Service came in, committed to the utility operation, and acquired the distribution system.”

Inflation, Monetary Policy, Interest Rates

Implications for Utilities and Regulators

Panelists brought together by University of Missouri’s Financial Research Institute included Big Rivers Electric Corp. CFO Talina Mathews, Energize Strategies Founder Ted Thomas, NASUCA Executive Director David Springe, and Federal Reserve Bank of St. Louis Lead Economist William Emmons.

Reuters: Damian Beauchamp

8 Rivers

“The Allam-Fetvedt Cycle is a new type of power cycle that takes a novel approach to emissions reduction. It uses the oxy-combustion of carbon fuels and a high-pressure supercritical carbon dioxide working fluid in a highly recuperated cycle that captures all emissions by design.”

Reuters: Karl Meeusen

Wärtsilä

“The engine power plants we produce do balancing service well. We can start and respond to real-time price signals or real-time dispatches from a system operator or utility. As soon as they’re ready to drop us offline, we go away. If the wind or the sun changes five minutes later, we can do the same all over.”

Reuters: Brandon Spencer

ABB

“If you’re talking about small modular nuclear, hydrogen, carbon capture, water, or wastewater, there are technologies we’re trying to deploy to help scale so we can bring those cost curves down, which is how the transition will ultimately happen.”

Reuters: Chris Gould

California Resources Corp.

“There’s a large opportunity to capture off these gas fired power plants and sequester them underground. It also can be other sources like direct air capture or hydrogen production, renewable diesel, all sorts of sources that need to take the carbon dioxide out of the process and store it underground.”

Reuters: Rudy Wynter

National Grid New York

“The biggest things in 2023 are number one, improving our customer experience. Number two, making sure we deliver affordable services to our customers. Number three is making the right investments to unlock existing renewables in upstate New York.”