Commentary

  • The Lesson of Procrustes

    Procrustes the metal worker—not to be confused with Krusty the Klown—was an important figure in Greek mythology. A son of Poseidon, Procrustes was an iron smith, thief, murderer, and inn keeper. He offered hospitality to strangers passing his place on the sacred byway between Athens and Eleusis. For a price.

  • A Renaissance for U.S. Nuclear Power? Not Anytime Soon

    In many quarters, nuclear power generates enthusiasm. A single pound of reactor-grade uranium oxide produces as much electricity as 16,000-plus pounds of coal—enough to meet the needs of the average U.S. household for more than one year. And whereas burning coal emits carbon dioxide, sulfur dioxide, and nitrogen oxides, nuclear power generation is virtually emissions […]

  • California’s RAM for Small Renewables

    With its powerful new renewable portfolio standard, California will boost the market for small renewable technologies. The key is the reverse auction mechanism, which fine-tunes the regulatory regime.

  • Power Grid Cybersecurity: How to Achieve Results in an Uncertain Regulatory Environment

    Cybersecurity of U.S. electric infrastructure has become a major issue on the national agenda, posing challenges to how we structure, construct, and regulate our power system. This is the first of a two-part article looking at legal and regulatory issues surrounding electric system cybersecurity.

  • Not a Clue

    U.S. Environmental Protection Agency (EPA) rules are being processed at a furious pace in 2011. Unexpectedly, the new greenhouse gas and ozone rules were stayed by President Obama. However, it’s the Utility MACT Rule and the Cross-State Air Pollution Rule that leave utilities on unsteady ground. The result has been a number of plant closure announcements that far exceed the magnitude of the coal-fired generation losses predicted by the EPA. The predicted losses vary greatly.

  • Is Coal a Fuel of the Future?

    Few reasonable people can dispute that the U.S. Environmental Protection Agency (EPA) is conducting a war against coal. If you doubt that conclusion, just look at the large number of new regulations affecting coal-fired power plants that have been proposed in rapid-fire succession by the EPA.

  • Recent Blackout Highlights Nation’s Rickety Power Grid

    Experts say the cascading blackout  that put millions of Westerners in the dark in early September was no surprise: Major power outages have more than doubled in the last decade

  • Shaping America’s Energy Policy

    America’s energy and environmental policies have been dysfunctional for decades. Obsessively moving toward “green” has made America weaker and has damaged our economy. During POWER’ s first 100 years (1882–1982), the magazine chronicled the U.S. growing into the strongest industrialized economy in the world. America designed and built products for the world using raw materials and energy from within our own borders. Now we are in a recession and the U.S. Environmental Protection Agency’s (EPA) “War on Coal” continues. Does anyone get the connection? Ever-worsening regulations are killing jobs by the thousands.

  • The Development of U.S. Shale Gas Resources: Regulation and Litigation

    The rise of shale gas in U.S. energy markets has profound economic implications. It has the potential to transform the existing market and bring opportunities for new markets. But shale gas also raises regulatory challenges and the likelihood of litigation. Here’s an introduction to the issue and a primer on the regulatory and legal ramifications of the shale revolution.

  • Climate Pragmatism: Introduction

    Last summer, an international group of scientists and policy analysts under the auspices of the London School of Economics launched an ambitious effort to reshape the debate over global warming policy in a document known as The Hartwell Paper. This July, a similar group followed up with a new report, titled "Climate Pragmatism: Innovation, Resilience and No Regrets,"  which puts the earlier work into a North American context.

  • Get Creative, Skip the Path of Least Resistance

    In training for a sport, the common wisdom is "no pain, no gain." The same is true when it comes to fostering creativity in the workplace. Force yourself and your organization out of the easy path, break out of the rut, and gain as a result.

  • Advancing America’s Nuclear Infrastructure

    It is fair to say that 2011 is bringing some uncertainty into the nuclear energy industry. The tsunami and subsequent events at Fukushima present Japan and our industry with new challenges but also serve as a catalyst for continuous improvement. In the U.S., we are learning from these events and improving our operations, designs, and emergency response approaches to make our plants safer, more efficient, and more environmentally friendly.

  • Demand Response Demands Response

    What the summer heat wave, and one utility’s less-than-stellar response, teaches us about communicating with customers.

  • Water Issues, Carbon, and Price of Power Top Utility Concerns

    In a clear sign of growing industry unease about the availability of water for power plant operations, utility officials recently surveyed by Black & Veatch on a host of policy and business issues ranked water supply as their second-highest environmental concern and identified water management as the business issue that could have the greatest impact on the utility industry in the near future.

  • Carbon Markets Take Flight (in Europe)

    The European Union has adopted a greenhouse gas cap-and-trade system as part of its Emissions Trading Scheme (ETS). Beginning January 2012, aircraft flight engines will be added to the emissions sources regulated by the ETS. A Solutions Fellow at the Pew Center on Global Climate Change believes these regulations are an important step in regulating carbon emissions. You be the judge.

  • Which Comes First?

    Proponents of carbon dioxide emission reductions from power plants are lamenting the decision by American Electric Power to cancel the carbon capture and sequestration plant at its Mountaineer facility in West Virginia. It’s not politics, it’s just business.

  • Coal: A Key Part of Our Clean Energy Future

    With the U.S. economy still struggling, few things are as important as having an abundant, reliable supply of energy to help drive our recovery. Many American families are hurting and our businesses are being challenged to create new jobs. That’s why federal, state, and local public policies must balance the need for broader economic prosperity, […]

  • The Fallacy of Energy Independence

    Is the term "energy independence" merely an oxymoron, or is it a national imperative? Opinions differ. Either way, the goal is practically impossible to achieve.

  • Geothermal Projects Race to Meet Incentives Deadlines

    At the close of 2009, the U.S. geothermal industry had seen seven new geothermal power plants come online in the previous 12 months. In 2010, only one new power plant was completed.

  • Planning for a Major Trading Counterparty Bankruptcy

    Central banks in the past 18 months have injected a flood of money into financial markets. This liquidity in the system has allowed many marginal companies to issue bonds and avoid looming bankruptcy. Now is the time to take steps to protect yourself from the effects of a failed business relationship.

  • Five Reasons Why Leaders Need a Closed Door Policy

    Many leaders believe that an open door policy will improve employee communications and group productivity. On the other hand, there are five reasons why a closed-door policy may have more benefits to your organization.

  • How to Fix a Hiring Mistake

    Have you ever made a hiring mistake? The candidate had the right credentials, experience, and the price was right. When the new employee never meets minimum expectations, what should you do?

  • Your Guide to Retirement

    Someone once said that "life begins at retirement." For people, perhaps, but not for our aging inventory of coal-fired power plants that are slated for retirement during the next decade.

  • In Cap and Trade Fight, Environmentalists Had Spending Edge over Opponents

    New research challenges the commonly held view that cap and trade legislation failed because of the spending advantages of opponents and false balance in news coverage. The report, "Climate Shift: Clear Vision for the Next Decade of Public Debate," released by American University Professor Matthew Nisbet on April 25, also shows how well funded both sides of the debate were.

  • Stop the "Anti-Transmission" Bill

    When it comes to energy, the new Congress has a whole host of challenges and opportunities. But there is at least one complex challenge that has a straightforward solution. If we want a secure, reliable, and affordable energy mix, we must modernize our nation’s energy grid.

  • U.S. Nuclear Operations in a Post-Fukushima World

    Perhaps more than for any other industry, a nuclear accident in any part of the world affects nuclear operations elsewhere. Such an incident necessarily and inevitably results in industry self-examination, heightened regulatory oversight, and third-party scrutiny.

  • Disaster Management

    The events in Japan, including the catastrophic destruction of a major nuclear power station, remind us of something we don’t like to think about: how to manage a physical disaster. But manage we must.

  • Customers Know What Customers Know Best

    Wish you could get inside your customer’s head? If so, forget data and go to the source.

  • Prudence: Who’s Minding the Store?

    Regulators are asked to balance a societal need with the cost burden placed on those who pay for the service. Sometimes they forget that it’s other people’s money at stake.

  • Solving the Challenges of Growing Energy Demand

    The electric power generation landscape in both America and the rest of the world is poised to undergo a fundamental transformation in the next several decades. Global energy consumption is projected to rise dramatically by 2035, and the methods by which we generate electricity and the fuels we choose to use will begin to change as well.