Archive: Business

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The Odd Couple: Renewables and Transmission

The tension between the growing number of renewable energy projects and limited transmission capacity is reflected in Washington’s legislative agenda of establishing a national renewable portfolio standard and new transmission lines dedicated to moving renewable energy coast-to-coast. Even if those ideas become law, hurdles to the happy marriage of renewables and transmission remain.

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Power Industry Needs to Do a Better Job of Educating and Messaging

At the opening ELECTRIC POWER 2009 plenary session, both the keynote speaker and the Power Industry Executive Roundtable participants kept circling back to the problems created by a public and lawmakers who seem to be promoting policies without an adequate understanding of energy realities. Most of the speakers acknowledged that the industry itself is partly to blame, but nobody offered a way forward.

TREND — Power Companies Push Hiring Military Vets

Many U.S. power companies are focusing their hiring efforts on military veterans. According to human resources HR experts, it makes a lot sense—beyond pure patriotism. Vets are motivated, experienced, often well-trained, and instilled with team-work. Plus, there is a great need to replace the retiring “baby boomers” generation who have populated many key industry jobs. In some cases, there’s even a financial incentive for hiring vets.

White House Announces Cyber Security Plan

The Obama administration has unveiled its long-awaited policy on cyber security of government and private-sector communication and distribution systems. Is it less than meets the eye, as some critics argue?

New Administration’s Energy Priorities: Hydrogen Is Out, Coal Is In

The Obama administration has pulled the plug on the Department of Energy’s attempts to develop hydrogen-powered fuel cell cars. (The Bush administration had been touting H-powered cars for many years, with nothing to show for the effort other than large expenditures and a General Motors concept car that cost in the millions to build.) At about the same time, the Obama administration announced it would resurrect the billion-dollar FutureGen coal-fired generating project, aimed for Mattoon, Ill.

Cap-and-Trade or a Carbon Tax for Greenhouse Reductions?

What makes more sense to reduce greenhouse gas emissions from power plants—a cap-and-trade regime or a carbon tax? It’s a contentious issue among those who generate power and among academic economists and policy makers.

NRC Commissioner Gregory Jasko

Obama Names Jaczko to Head NRC

As expected, President Obama has named Nuclear Regulatory Commissioner Gregory Jaczko, an ally of Sen. Harry Reid (D-Nev.), as chairman of the NRC, almost certainly dooming the Yucca Mountain, Nev., site for disposal of spent nuclear fuel.