Archive: Business

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.

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.

Capturing CO2: Gas Compression vs. Liquefaction

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.

CHP: Helping to Promote Sustainable Energy

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.

Turkey Opens Electricity Markets as Demand Grows

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?

Canada Moves to Rebalance Its Energy Portfolio

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.

Energy R&D: The Missing Link to a Sustainable Energy Future

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.

Australia Faces Imminent Power Supply Issues, Groups Say

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 […]

Recession Reduces Demand for Electricity

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.