Fortnightly Magazine - May 2010

Green Job Realities

Quantifying the economic benefits of generation alternatives.

Are renewables truly marking the start of a new economy, creating both economic growth and reliable jobs? Answering that question takes a complex analysis, but the numbers suggest green benefits might be smaller than expected.

FIT in the USA

Constitutional questions about state-mandated renewable tariffs.

Despite state efforts to follow the European model of state-mandated feed-in tariffs to promote renewable power, these actions won’t pass Constitutional muster. The Supremacy Clause makes a formidable legal barrier to states’ FIT policies.

The Utah Test

Defining a test period to overcome controversies and inaccuracies.

Test-period and test-year selection continue to generate controversy in rate cases. Examples from Utah provide insight on the difficulties of forecasting and with judging test periods.

Reconsidering Resource Adequacy, Part 2

Capacity planning for the smart grid.

The one-day-in-10-years criterion for capacity planning is coming under scrutiny. Making the most of the smart grid and demand management requires a less conservative approach. Markets and prices rather than administrative rules will ensure resource adequacy in a more efficient way.

V