Commentary

By Kennedy Maize
It’s counterintuitive. But it now appears that Democratic presidential (almost) nominee Barack Obama is Big Oil’s best friend in Washington.

I believe there are three basic objectives for the energy industry in the modern era. First, to provide a reliable and ample supply. Second, to ensure that the supply is provided at the least cost to consumers. And third, to accomplish the first and second objectives with the least possible adverse effects on the environment. […]

In mid-2006, a Google search of the term “Smart Grid” generated around 2,000 responses. The same search this past month yielded more than 500,000 hits from a wide variety of sources. The explosiveness of the concept is especially interesting because there is no universal agreement on what constitutes a smart grid—much less agreement on what […]

The advent of the Smart Grid will bring a new driver for value creation to the electric power industry: economies of connection. In the future, the Smart Grid may offer our industry improved returns more typical of Internet-based businesses like eBay, Amazon, and Google to replace the diminishing returns typical of traditional “steel in the […]

By J. Bennett Johnston It is fashionable these days for policymakers, particularly those running for office, to somberly suggest that America needs an energy policy—thus implying that America has no energy policy. As one of the prime architects of an energy policy that has served America well, I could not disagree more. The fact that […]

Chances are good that legislation to “cap and auction” greenhouse gas (GHG) emissions will become law as early as 2009. While many environmentalists, utilities, and energy companies agree that cap and auction is the right framework, huge differences remain. Environmentalists want an 80% reduction of GHG emissions by 2050, or sooner. Energy companies want more […]

In the U.S. today, there are continual discussions about energy independence, energy security, and ways to slow climate change. But meeting the nation’s projected 40% increase in electricity demand by 2030, while reducing overall power plant CO2 emissions, will require much more than talk. During the 1990s, American utilities increased their gas-fired generating capacity because […]

Visiting power plants is one of the perks of being a COAL POWER editor. Some plants are located in metropolitan areas; others are closer to east nowhere, especially those mine-mouth plants. Each is unique and worth the travel time to visit and meet plant staff.

POWER readers today face severe problems in the electricity supply business. But a much bigger problem will soon burst on the scene: the peaking of world oil production. Experts have forecast peaking since shortly after the first U.S. well began production in 1859, and many subsequent forecasts of peaking have proven incorrect. Oil reserves dip […]

During my 30-year career at the American Public Power Association (APPA), I’ve had a front-row seat for most of the major events in our industry’s recent history. So it disturbs me when my view of our history is 180 degrees out of phase with how others perceive it. Such was the case with the preamble […]