Amory Lovins

Consolidation: Key to the Future?

Why integration may win out in the long run.

In the electric power industry, the urge to merge has gained a new lease on life. These combinations are witness to the powerful forces of consolidation let loose when deregulation makes consolidation a preferred tactic in an uncertain world. But to what extent will government policy encourage or resist this trend? What exactly is the regulatory environment that nurtures combinations or, for that matter, supports fragmentation? As we shall see, there are many cross-currents.

The Myth of the Transmission Deficit

The grid does not need a Marshall Plan for new investment.

The grid does not need a Marshall Plan for new investment.

We don't know what caused the Aug. 14 blackout, but somehow we know that our transmission system needs $50 billion to $100 billion in investment and upgrades. And utilities need higher returns to raise that kind of money. Talk about making lemonade out of lemons.

The reality is that we aren't short $50 billion or $100 billion in our transmission system. The study said to support that proposition just doesn't do the job.

The Car of His Dreams

Amory Lovins says gas prices won't stick, but even if they do, he's still stuck on his Hypercar.



 

Amory Lovins says gas prices won't stick, but even if they do, he's still stuck on his Hypercar.

This just in—if you can believe Amory Lovins, who has the news posted on the network of Web sites sponsored by his Rocky Mountain Institute.

Frontlines

DC power makes a comeback in this vision of neighborhood grids and fuel cells on wheels.

Frontlines

Engineers Have Their Day

 

Electricity Transmission and Emerging Competition

Interesting times. Challenging times. Confusing times. The electricity industry and its regulators are now inextricably meshed in a tangle of interconnected reforms. With 50 states as laboratories, the process is accelerating. There is no going back. But which way is forward?

The old model of a closed system of vertically integrated electric utilities offering bundled service has been discarded in theory, and is being dismantled in practice.