Latest
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Business
Massaging the Messaging to Make Messages Meaningful
How fast does your spam filter fill up? What about your personal message filter? We are absolutely overwhelmed with messaging. Digital ads pop up during Internet searches. Direct mail pieces fill our mailbox. Robo-calls interrupt our dinner. Traditional TV ads shout at us. Newspapers and magazines carry forgettable ads. While driving, we listen to CDs to avoid […]
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Commentary
“Smart Grid” or “Strong Grid”? Words Matter
The Obama administration recently changed its nomenclature on a topic of much interest to readers of this publication and those in the power industry. The administration has said it prefers to talk about its policies advancing a “resilient grid” as opposed to its previous emphasis on developing a “smart grid.” The new policy thrust, for […]
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HR
Six Steps to Develop a Social Media Policy for Work
Employees are increasingly turning to social media sites like Facebook and Twitter to share information about their jobs. To the chagrin of companies everywhere, employees are also using social media sites to complain about their jobs. More and more, employers are having to make tough decisions about when and how to discipline employees for negative […]
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Finance
Trend: Banks Retreat as Regulators Advance
It seemed like a good idea at the time. About 10 years ago, large investment banks that had long traded in energy commodities and derivatives, including playing in the wholesale, organized electric markets regulated by the Federal Energy Regulatory Commission (FERC), concluded that it made sense to combine physical assets—power plants, pipelines, and the like—with […]
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Commentary
Utility Rate Proposals: Are We Aligning Compensation With Performance?
The purpose of regulation is to align private behavior with the public interest. That public interest imposes two chief obligations. The first obligation is the utility’s obligation to serve the public. This obligation must be defined by commission-established standards for performance. The second obligation is the commission’s obligation to compensate the utility. This compensation must be based on the […]
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Business
Make Sure Your Metrics Help You Reach Your Goal
Everyone loves to be identified as a top performer. In power generation, our plants strive for increased availability and reduced forced outages. We measure performance indicators (metrics), report them to the Generating Availability Data System (GADS), and benchmark ourselves against similarly designed power plants. And just when we think we are sitting pretty, we deal […]
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Hydro
Senate Bills Kick Up New Efforts to Establish Federal Renewable Mandate
Legislative efforts to establish a federal renewable electricity standard (RES) kicked up last week with the separate introduction of two bills by Senate Democrats. Sens. Tom Udall (D-N.M.), Mark Udall (D-Colo.), and Ben Cardin (D-Md.) on Oct. 29 introduced the Renewable Electricity Standard Act of 2013 (S.1595), a bill that would create a national standard of 25% renewable energy […]
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Coal
DOE to Fund 18 Research Projects to Drive Down Costs of Carbon Capture
Eighteen carbon capture projects across the U.S. have been chosen to receive $84 million in federal funding to help improve the efficiency and drive down costs of carbon capture processes for new and existing coal power plants. The Department of Energy (DOE), which announced selection of the projects today, said funded research will focus on […]
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Nuclear
V.C. Summer Unit 3 Nuclear Island Basemat Completed
South Carolina Electric & Gas Co. (SCE&G) announced the completion of another major construction milestone at its V.C. Summer Nuclear Station in Fairfield County, S.C. Having completed the first new construction nuclear concrete pour just seven months earlier, SCE&G finished the nuclear island basemat for Unit 3 on Nov. 4. “This successful basemat placement is […]
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Renewables
With Coal on the Way Out, Ontario Turns to Renewables
ABB and its consortium partner, Bondfield Construction, announced on Nov. 5 that they have won an order from Canadian Solar Solutions to supply a 100 MW turnkey photovoltaic (PV) solar project for the Grand Renewable Energy Park in Haldimand County, Ontario, southeast of Toronto. Ontario is in the final stages of a decade-long plan to […]