Carbon is poised to become an auditable and verifiable reporting requirement for American business. Because utilities are among the organizations with the most at stake in a carbon-constrained economy, they should proactively tackle carbon management and carbon accounting in spite of uncertainties about the precise formulation of the final regulatory framework. In short, whether a carbon accounting requirement is legislative, administrative, or driven by business partners and consumers, now is the time for utilities to act.
The National Academy of Public Administration faults the U.S. Department of Energy on human resource management, contract controls, and financial management.
The economic downturn hits Entergy Corp. and Bruce Power.
TVA scales back plans to revitalize new nuclear construction at its Bellefonte plant, suggesting that it will scrap plans for new units at the site and perhaps focus on its unbuilt unit that has been mothballed for 25 years.
Coal continues to demonstrate considerable financial muscle in the current economic downturn, despite anti-coal rhetoric and concerns about climate change.
Does customer satisfaction play a meaningful role in guiding utility operations? Many utilities think it does, as do many regulators. The market apparently doesn’t. Data suggest that the jury is out on the question, and the intuitive answer may not match the empirical evidence.
What role will coal play as the nation moves toward trying to reduce greenhouse gases? The picture is mixed, as these news stories from around the country demonstrate.
Nuclear loan guarantees in the 2005 Energy Policy Act have proven to be a failure: not just too little, but far too late.
Market watchers predict that uranium prices will remain low in the short term. But low prices don’t necessarily mean that the fuel’s sales will increase.
So far, U.S. electricity generators have managed to survive the current credit slump and financial collapse, but their viability could suffer if the economy continues to deteriorate and credit markets remain tight.