Business

Power traders need to get faster, more accurate information on how markets are working and how they are swinging. They should look to telecommunications and manufacturing markets for solutions.

Xcel Energy’s SmartGridCity enterprise in Boulder, Colo., is one of the most talked-about smart grid projects. Here’s what some Boulder utility customers are saying about it.

The U.S. isn’t the only country evaluating and implementing elements of smart grid technology. In fact, it could be argued that other nations are much farther along the path to a comprehensive, technically advanced system for integrating renewables, managing load, and creating a more flexible power grid.

"It’s déjà vu all over again," said Yogi Berra. The Hall of Fame catcher could easily have been predicting the coming resurgence of natural gas – fired generation. Yes, a few more coal plants will be completed this year, but don’t expect any new plant announcements. A couple of nuclear plants may actually break ground, but don’t hold your breath. Many more wind turbines will dot the landscape as renewable portfolio standards dictate resource planning, but their peak generation contribution will be small. The dash for gas in the U.S. has begun, again.

There will be no shortage of important issues to keep utility executives and their staffs busy throughout 2010. Few of these will be surprises, although a number will emerge quickly and assume larger-than-life significance. The confluence of the great recession and the sturm und drang of environmental legislation will create the liveliest of the debates, but more subtle trends will drive additional stressors. The results of Black & Veatch’s 2009 fourth annual industry strategic directions survey can offer guidance as to how these issues will affect the industry in the coming year.

The European carbon trading system experience suggests that North American generators should expect severely altered coal-fired power plant operating profiles if cap-and-trade legislation becomes law. In a groundbreaking study, Solomon Associates predicts the reduction in mean run time that North American generators should expect. The trends outlined in this study provide an overview of some of the broad challenges facing generators in moving to a carbon-constrained market environment.

As the economy begins to grow again, the banking industry continues to stabilize, and lawmakers work on finalizing climate change legislation, the decisions made in 2010 will lay the foundation for the power industry for decades to come.

The familiar saying "as goes California, so goes the nation" seems to apply to the many states that have been unable to invest in infrastructure improvements because they are crushed by debt and shrinking revenues. Will California and energy project developers continue to invest in energy infrastructure in 2010 given the limited availability of private capital, shaky state finances, and shifting regulatory climate?

Which country has the smartest grid? Which U.S. state has the most smart meters? What’s Google got to do with the grid? Answers to these questions and more can be found in our web exclusives. Here’s a taste of what you’ll find online.

While the overall economy is down, the effort to add renewable energy resources in the U.S. continues to push project development forward.