Business

Everything you want to, or should, know about uranium mining and processing is in a new book by Tom Zoellner, not including the terrifying threat of crocodiles in northern Australia.

Even as hype about the U.S. nuclear renaissance is quieting down—a result of economic woes and unrealistic expectations about political and regulatory developments—some developments remain. As these stories from the nation’s media suggest, the building of new nuclear plants in the U.S. may move ahead at a slower, more measured pace.

Inventory is expensive. It sucks up, and locks up, cash. How can utility managers save inventory money? Here are some possibilities from experts in inventory management.

Educating a workforce about the concept of business acumen—going beyond financial literacy and developing a true understanding of what it takes for an organization to make money—is the key to producing real, bottom-line results.

News items of interest to power industry professionals.

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.

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.

This March, Japan’s Mitsubishi Heavy Industries Ltd. (MHI) quietly completed development of the "J-series" gas turbine — a machine that has been extolled in the turbo-machinery world for its ability to produce one of the world’s largest power generation capacities and highest thermal efficiencies.

The intensifying spotlight on renewable energy seems to be casting a brighter light on the energy storage problem, with lawmakers, researchers, and investors scrambling to seek out the most feasible solution to bridge the intermittent nature of renewable power sources.

In the world of North American Electric Reliability Corp. (NERC) Reliability Standards, each company (entity) that must comply with the standards determines for itself the scope and size of its compliance program, based on the scope and size of its operations.

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.

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?

Clashes between industry and the Department of Commerce on backward compatibility of standards could stifle and delay the development of a “smart” electric transmission and distribution grid.

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.

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.

Gas found in shale deposits and recently discovered natural gas hydrates may be game-changers when it comes to supplying natural gas to the United States.

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.

Australia, the world’s second-largest exporter of thermal coal and uranium, and a significant exporter of liquefied natural gas (LNG), faces inevitable electricity rationing and the threat of blackouts unless the government acts urgently to ensure large-scale investments are made in new power-generating capacity, experts from five nations said in April. The Australian Academy for Technology […]

News items of interest to power generation professionals.

Q: What do you get when you gather roughly two dozen top researchers from academia, government, and industry to speak on interdisciplinary energy-related issues for a week?
A: A lot of informative but crowded slides, high-octane brain power, fact-based analysis of where we are and we’re headed globally, informed questions, and surprisingly practical answers.

Though Canada is rich in fossil fuels, nuclear power may fuel a significant portion of the nation’s future electrical generation needs, especially in provinces that have traditionally relied on hydropower and fossil fuels.

Turkey’s growing power market has attracted investors and project developers for over a decade, yet their plans have been dashed by unexpected political or financial crises or, worse, obstructed by a lengthy bureaucratic approval process. Now, with a more transparent retail electricity market, government regulators and investors are bullish on Turkey. Is Turkey ready to turn the power on?

Because combined heat and power (CHP) plants optimize energy use, they cut fuel costs and pollution. Even though U.S. power plants have been using CHP for decades, today’s energy experts have a newfound appreciation for its ability to promote sustainable energy use.

Carbon capture and sequestration is very likely to be a key element of any future greenhouse gas legislation. Integrated gasification combined-cycle plants now under design have provisions to separate the CO₂ at elevated pressures. Coal-fired plants have a far more difficult and expensive task — separating and compressing CO₂ from pressures just above atmospheric conditions.

When roving Contributing Editor Mark Axford attended several recent energy conferences, he found the same questions asked at each one about new U.S. generation sources and consumption patterns. Unfortunately, the experts had few good answers to those questions.

The Supreme Court backs restrictions on “once-through” cooling for new plants, while giving a pass to existing plants.

Coal continues to demonstrate considerable financial muscle in the current economic downturn, despite anti-coal rhetoric and concerns about climate change.

Industry experts say raw uranium will face increased demand, reduced supply, and higher prices. Will the market bear out those predictions?

Could demand from plug-in hybrid cars crash the grid? A DOE national lab addresses the issue.

Because India has large domestic coal resources (and virtually no other fuel sources); a strong incentive to deploy cheaper, well-proven generation technology; and needs to rapidly increase the availability of electricity to its citizens, the country will likely continue to rely on coal-based power in the long run.