Business

  • U.S. Confronts Pipeline Gaps While Europe Juggles Renewables and Debt

    U.S. optimism has been restored by reports of abundant, reasonably priced natural gas to fuel most new generation; however, huge gaps in the fuel delivery system (thousands of miles of pipelines are needed) will soon challenge gas plant development. Meanwhile, the cloud of sovereign debt hangs over all major capital projects in Europe, where the UK moves ahead with new nuclear projects while many of its neighbors shut the door on nuclear and struggle to finance their commitment to renewables.

  • Getting Peak Returns out of Peaking Turbines

    Gas turbines are expensive. Although peaking units aren’t as costly as baseload units, letting them sit idle is still a waste. Yet that is what peaking units spend nearly all their time doing. Some operators only fire up their units a few days a year. That is like putting money in the bank and collecting interest a few hours at a time, rather than all year round. That strategy only works when the payback is extremely high for those short periods.

  • China’s 12th Five-Year Plan Pushes Power Industry in New Directions

    The Five-Year Plan is the expression of the centralized planning goals for China’s economy. The 12th Five-Year Plan, approved by the Chinese Government on March 14, 2011, established many social and economic goals, including significant expansion of the country’s power generation industry in many new directions.

  • Social Media and Disaster Management

    As demonstrated by last fall’s unexpected snowfall in New England and the Mid-Atlantic states, and the ensuing lengthy outages and public outrage, crisis communications is a hot topic for power utilities. And in addressing that topic, the role of social media is getting attention as a tool for disaster management.

  • Workplace Drama: How to Define It and Identify It

    Welcome to "Workplace Drama," a new, regular MANAGING POWER column by noted communications and human resources expert Marlene Chism. Her column will appear in each issue, and as the column progresses, we hope to hear from you with real-world situations and questions, to which Marlene will respond.

  • Keys to Improving Customer Communication

    Utility organizations are struggling to find a way to more effectively and efficiently communicate with their customers about basic information, including their amount due, ways to lower energy usage, and promotions.

  • POWER Digest (December 2011)

    Fluor Enters Small Modular Reactor Market, Backs NuScale. Fluor Corp. on Oct. 13 announced it planned to invest more than $30 million in NuScale Power, an Oregon-based small modular reactor (SMR) technology company. As part of its investment, Fluor has purchased the company’s shares that had previously been in U.S. Securities & Exchange Commission receivership […]

  • NorthWestern Energy Builds a Regulating Reserve Plant

    Stable grid operation is challenging, especially when intermittent and unpredictable renewable generation is added to the generation mix. For NorthWestern Energy, the best solution was adding fast-acting gas-fired generation to its Montana electricity grid to meet required reliability standards while replacing expensive third-party contracts for ancillary services.

  • Restructuring the South African Power Industry

    South Africa is at a critical turning point. An uncertain environment for private investment, escalating electricity prices, and a lack of available power threaten South Africa’s position as an attractive investment destination for many of the country’s most important industries. Power has been placed at the forefront of the government’s agenda, but South Africa needs a collaborative effort to meet the country’s energy demands and diversify its generation portfolio in order to drive economic growth.

  • Public Power Challenges Moody’s Proposed New Metrics

    Public power utilities depend upon access to capital at favorable rates. So the munis pay special attention when Wall Street rating agencies talk about tinkering with how they establish bond ratings for municipal utility projects. Thus, recent moves by Moody’s Investors Service has drawn some fire from public power.