Benefits

Profiting from Transmission Investment

A holistic, new approach to cost/benefit analysis.

A holistic, new approach to cost/benefit analysis.

The still-fresh memories of last year's Northeast blackout coupled with rising congestion nationwide have increased awareness of the electric transmission investment shortfall in the United States. Such investment, in the right locations, would have a highly positive benefit-cost ratio. But how much should be spent?

The Future of Fuel Diversity: Crisis or Euphoria?

The fragmented electric industry structure poses an obstacle to a more stable, diverse, and secure power supply.

The Future of Fuel Diversity

The fragmented electric industry structure poses an obstacle to a more stable, diverse, and secure power supply.

Daily news headlines have drawn attention to concerns about fuels, especially the rising prices of oil and natural gas. Fears of interruptions of oil exports from Iraq, Iran, Russia, and Venezuela (take your pick) roil the energy market. But coal is not exempt from bad news, as production declines reduce output from Eastern U.S.

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.

A Financial Postmortem: Ten Years of Electricity Restructuring

A decade of restructuring has not affected the financial integrity of the average regulated utility.

Ideological bias, economic principles, success of previous deregulation, inordinate greed, and political expediency fueled the movement for electricity deregulation. The authorities, however, never deregulated. They chose to restructure.

Energy Technology: Winner Take All

A review of which technologies and companies stand to win and lose as a result of the 2003 blackout.

After the blackout, the electric industry once again finds itself at a crossroads, confronting it with three basic choices. The authors observe which technologies and companies will win and lose as a result.

Technology Corridor

Communications platforms, ruggedness, software, and other factors all play a part in your purchase choice.

Field Service Computers: Consider the Variables-and the Benefits

 

 

Communications platforms, ruggedness, software, and other factors all play a part in your purchase choice.

When a utility considers equipping its field service work force with computers, the decision-making process often starts with software-not with questions about the ruggedness of the utility's field device, or whether the company should go with a Panasonic or an Itronix laptop.

Capping Emissions: How Low Should We Go?

Investigating where environmental efficiency and good public policy intersect.

Investigating where environmental efficiency and good public policy intersect.

More than a decade after adopting the first national cap-and-trade approach to regulating pollution from electricity generators, Congress is considering another round of cap-and-trade regulations on a number of gases emitted by electricity generators.