By Ramon Mischkot, Principal Consultant, Transactive Management, October, 23, 2008 -
The capital intensive nature of the electric utilities makes the period of time over which regulators allow recovery of generation and other investments pivotal to successful financial performance. This is particularly true at the present time when many utilities are confronted with the need to upgrade transmission and distribution systems, build more plants to meet increasing demand, and cope with ever increasing restrictions on emissions, which will likely include carbon emissions. more...
Article Viewed 2043 Times
|
1 Comments
By Len Gould, Consultant, , August, 28, 2008 -
The presently-used Standard Market Design (SMD market) is economically flawed. It is held to be completely fair to all participants -- an old coal, hydro or nuclear plant that has long ago retired the debt used to build it, and now produces electricity for its cost of fuel and maintenance, is paid in the market at the same rate as a newly built nuclear plant. Even if the owners of the old plants demonstrate by their bids into the market that they'd be happy to produce for one half of that rate. (For example, Ontario, where in order to get new nuclear plants built our wholesale baseload price will need to increase from the present average $0.046/kWh to likely $0.100. Even at $0.046/kWh, Bruce Nuclear is showing a $0.010/kWh net profit in their annual reports). The question is: why should Bruce Nuclear's existing 5,600 MW of 20+ year-old generation be paid at $0.100/kWh when it’s very profitable at $0.046/kWh? Ditto OPG’s 6,470 MW of 30-year-old nuclear, 5,500 MW of ancient hydro at Niagara Falls etc. and 5,000 MW of old coal, just so another 2,200 MW of nuclear can get built? more...
Article Viewed 3299 Times
|
11 Comments
By Jamie Wimberly, CEO, EcoAlign, August, 27, 2008 -
Three years have passed since the Distributed Energy Financial Group, LLC (DEFG) launched its benchmark stock index, the Distributed Energy Stock Index, or DESI, to track the progress of the clean and alternative energy technology (clean tech) sector. DESI is comprised of 40 publicly traded companies from major North American exchanges. It is organized into six segments that represent the spectrum of companies in the clean tech sector. more...
Article Viewed 2653 Times
|
Be the first to comment on this article.
By Dennis Buckley, Lawyer and Energy Analyst, Reger Rizzo Kavulich & Darnall LLP, May, 28, 2008 -
With the pending expiration of rate caps in states that embarked on restructuring in the late 1990s, growing and vocal angst appears almost daily in newspaper articles and on Op/Ed pages. We are all going to be paying more for electricity. A lot more.
By Michael Chiacos, Energy Program Senior Associate, Community Environmental Council, May, 07, 2008 -
Four airlines announced their bankruptcy in April. While Frontier plans to reorganize and keep operating, three of them, Aloha, ATA, and Skybus, are all grounded for good. Other airlines are taking huge losses, cutting staff, and slashing their routes and numbers of planes. What is causing this havoc in the airline industry? $100 a barrel oil prices. Actually, as of mid April, make that $120 a barrel oil. more...
Article Viewed 6198 Times
|
106 Comments
By Roger Feldman, Counsel, Andrews Kurth LLP, March, 19, 2008 -
Private renewables have entered the same economic war zone as all other investments. They may be receiving superficial exaltation - the equivalent of green ribbon bow decals affixed to the windshields of hybrid cars, but the new American casbah of clean is rapidly turning into an orange zone of lurking uncertainty. more...
Article Viewed 2577 Times
|
1 Comments
In 2009, a global economic meltdown collided with an energy crisis to turn the world on its ear. In the United States we've witnessed an unprecedented spending on energy resource development and infrastructure. As a result, a new energy architecture more...