The nation's utility grid has been strained by increased demands, which hinders both competition and reliability. These strains have been exacerbated by the lack of building electric infrastructure. Recognizing this, Congress included section 1224 in the energy act of 2005 to give the Federal Energy Regulatory Commission authority to grant entities incentives to invest in transmission infrastructure.
Our nation faces a pressing need for significant new investment to meet electricity demand. Other critical challenges include the climate threat posed by carbon emissions and a global economy that is driving up the cost of steel, copper, cement and other raw materials necessary to build new infrastructure. Meeting these challenges will be expensive.
Will New York, a state known for its active retail electricity market and high rate of customer switching, become the next state to fall to the forces of re-regulation?
At a time when energy issues are global - a genie that won't be returning to the bottle - even state issues must be addressed from an international perspective.
We hear a lot these days about U.S. reliance on foreign energy sources and the threat of this dependence on U.S. energy security. Although the threat is real and cannot be understated, perhaps an equally menacing threat resides within our own borders.
Kansas created quite a stir in the energy industry when it recently decided to nix the proposed construction of two coal-fired generation plants in the sparsely populated southwest part of the state, saying that its emissions would contribute to global warming.
Climate change has become one of the most discussed subjects in our society. Many questions need to be answered. If the United States makes the wrong choices, our economy will be burdened with unnecessary costs that will reduce our competitive position in the world.
T. Boone Pickens is nobody's fool. Pickens, who has a net worth of $2.5 billion and is ranked as the 131st wealthiest person in the United States by Forbes, is not prone to invest in pipe dreams.
Developing the continent's energy infrastructure is widely seen as one of the key growth strategies for Africa. The continent's electricity supply industry is expected to require a total investment of $563 billion over the next 20 years to meet the growing demand.
The commodity futures trading commission is, in some respects, a victim of its own success. Launched in 1975 to take futures regulation out of the sphere of the Agriculture Department, the CFTC made possible the subsequent explosion of nonagricultural futures, including energy and financial futures.
Talk about a turnaround. The average capacity factor of nuclear plants around 1990 was a dismal 70 percent, according to statistics collected by the Nuclear Energy Institute. When the 1992 energy act ushered in the era of deregulation, the only future for nuclear that Wall Street and the industry could see was decommissioning and sunken costs.
Avista was founded with the development of a hydroelectric project on the Spokane River in 1889. The company has since relied primarily on hydroelectric energy to supply its customers. Our hydro projects were developed over a 50-year period, primarily from the 1900s through the 1950s. Today about 52 percent of the company's power comes from hydro.
Denver's airport WiLL be catching rays - big time. The airport recently announced plans to deploy a 2-megawatt photovoltaic generating system. It will be constructed by MMA Renewable Ventures and WorldWater & Solar Technologies.
There is great interest in deriving energy from tides and water currents using submerged devices such as turbines. However, according to the Electric Power Research Institute, for such efforts to be financially viable requires fairly strong currents in the 5- to 7-knot range.
Typically, utilities use a mix of communications technologies to send real-time information about the status of equipment such as transformers in substations and other devices throughout a transmission and distribution system back to a central command center.
Take a successful software executive with a proven track record and lots of venture capital money behind him, combine that with a new twist on hybrid cars and you have Project Better Place, a company whose goal is to install and operate an Electric Recharge Grid consisting of charging spots and battery exchange stations in countries around the world.
Vestas sits atop the Fast-growing global wind power industry, with 33,500 wind turbines installed in 63 countries and a market share fast approaching one-third. Just one of its gleaming 3-megawatt wind towers can generate an equivalent amount of energy to that sloshing about in 13,000 barrels of sticky black oil - without producing carbon dioxide or financially strengthening terrorist-backing Mideast regimes.
You can find just about anything on the infinite corridor. The arrow straight quarter mile stretch of doorways, labs and student posters is the spine of MIT's original 16-building complex. It is now the central axis around which the accelerating MIT Energy Initiative (MITEI) spins.