U.S. Glut, Global Opportunities

Where will the next development opportunities occur?

Naturally, many uncertainties cloud the forecast of regional and technological growth. China appears poised to accelerate orders for steam coal plants over the next two years. Issues of financing and market transparency may stifle needed development in Latin America and the former Soviet Union. Finally, today’s high natural gas prices, if sustained, may undercut the CCGT as the most economical power generation choice.

Rethinking Restructuring

Two Cato analysts suggest a return to the past-vertical integration, but now with no state regulators.

The defeat of the energy bill in the Senate last year has thrown electricity restructuring back on its heels. There clearly is no consensus among politicians or academics regarding how this industry ought to be organized or how it might best be regulated. Finding our way out of this morass requires a reconsideration of how we got to this dismal point in our regulatory journey. Doing so suggests a surprising series of conclusions about what has gone wrong and where to go from here.

People

People for February 2004.

New opportunities at Duke Energy, Northeast Utilities, Progress Energy, and more.

The Reliability Czar

Is FERC the rightful heir?

The possibility that energy legislation drafted last year won't pass in 2004 has created a power vacuum. Who now is czar of electric utility reliability?

Power Outages: A Tale of Two CIS Systems

What made BG&E's system more reliable than Pepco's?

Reliability and customer information systems (CIS) are rarely mentioned in the same breath. But in the wake of Hurricane Isabel last fall, the CIS at Baltimore Gas and Electric gets kudos for helping the utility keep on top of a widespread outage.

Mercury Rising

How will the EPA's rulemaking affect U.S. energy markets?

EPA proposes a cap-and-trade program. How does that compare with a Maximum Achievable Control Technology standard?

Climate Change: The Heat Is On

From reporting to trading, utilities try to meet new expectations.

Implementing a strategy on climate change is a new sign of corporate responsibility, and utilities are responding in a variety of ways.

Generation Reserves: The Grid Security Question

A cost-benefit study shows the value of adding synchronized generating reserves to prevent blackouts on the scale of Aug.14.

A study reveals how increasing the availability and flexibility of generation resources is cheaper than adding transmission.

What's New at the Firewall

Utilities search for ways to combat viruses and spam.

Spam costs utilities hundreds of thousands of dollars annually, but the threat from spam quickly is becoming a security issue as well.