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After the Coal Plants Close, Where Will the U.S. Get Cheap Electricity?
According to ExxonMobil's newest energy report The Outlook for Energy: A View to 2040, "By 2040, worldwide electricity demand will be 80 percent higher than it was in 2010," and "electricity generation will account for more than 40 percent of global energy consumption." In light of that projection, two news items that flew under the radar at yearend raise an important question: are we approaching the end of cheap electricity? ...
The New Power Mix in Germany -- What Does It Mean For the Rest of Europe?
In the wake of Fukushima disaster, energy experts now agree that securing Europe's future electricity supply will require an increasing convergence between existing fossil fuel sources and the fast-growing renewable generation sector. Nowhere is this fusing of interests required more than in Germany, in the light of the government's decision to phase out all nuclear power by 2022. The case for integration is now compelling and is something that an ...
Make Procurement a Priority to Achieve Significant Cost Reductions in 2012
A wise New Year's resolution is to assess how more can be done with existing resources. This is certainly true as organizations continue to look for ways to squeeze every penny out of every dollar. One proven way of maximizing resources is to save on goods and services through the purchasing process. Often relegated to back-office operations, procurement has earned its place at the strategic decision-making table of any organization ...
5 Power Gen ERP Lessons from the Manufacturing Industry
Enterprise resource planning (ERP) software originated in the manufacturing space. And that means that some of the most advanced users, who have learned to milk as much value from ERP as possible, come from the manufacturing sector. While power generation is a vastly different industry than most manufacturing operations, there are common processes, specifically in the areas of supply chain management and asset management, where power generation executives can learn ...
Management In Real Life: Don't Rock My World
When I'm driving with my wife and I take a curve too fast, she grabs the strap above the passenger door and lets out a "whoa." Funny thing, when she's driving and takes the same curve at the same speed, I'm the one reaching for the strap and panicking. It seems our experiences are vastly different depending on which end of the control stick we find ourselves. We both feel ...
Shale Gas -- Friend or Foe
Since I reside in Palm Beach County, FL, I pay attention to my local electricity rates, provided by Florida Power & Light FPL -- a regulated utility. Recently, FPL lowered its rates by about 2% for 2012. FPL President and CEO Armando J. Olivera stated the market prices of natural gas for 2012 are trending even lower than previously expected, and this is driving a significant reduction in our projected ...
Smart Metering: Getting the Consumer Onside
The date is July 15, 1979 and at the White House in Washington DC, President Jimmy Carter has just completed an historic televised address to the nation. The thoughts of the American public turn from their small television sets and the grainy images of the President and back to enjoying their balmy summer evening. Meanwhile, the President turns to his assembled advisors and asks the key question: "Will it work?" ...
Market Data -- A Point Of View on Data Delivery Process and Architecture
Introduction A trading organization relies on commodity market data. A commodity trade is only as good as the Market Data it is based on. Incorrect or delayed commodity market prices/information lead to a lack of understanding of market movements and situations, resulting in un-informed, and potentially loss-making, trading decisions. We have seen multiple instances of many key business processes (Pricing and Modeling, Risk reporting, Market Analysis, Settlements Reporting etc) coming ...
Gas Molecules and Dust in the Atmosphere Cool the Earth!
Introduction Many meteorologists have blamed water vapor and carbon dioxide in the atmosphere for warming the earth. Below is an excerpt from a paper1 written by meteorologists from the National Oceanic and Atmospheric Administration (NOAA). "Water vapor plays the central role in the atmospheric branch of the global hydrologic cycle and is the most abundant greenhouse gas. Climate models used for estimating effects of increases in greenhouse gases show substantial ...
The Climate Change Challenge -- Can we turn the Titanic before it's too late?
The Climate Change Challenge -- Can we turn the Titanic before it's too late? We've seen the movie and we know the outcome. The unsinkable Titanic hits the iceberg and two-thirds of the ships passengers and crew were lost. What if the captain had ample warning of the danger that lay ahead? The history of that fateful event would be altered forever. Today the ship is much bigger -- what ...
Giving the Grid a Break
September 03, 2010By Ken Silverstein- EnergyBiz Insider
Editor-in-Chief
New York knows the spotlight. But the heat it's now feeling is tied directly to keeping the lights on. Transmission system operators there say that the state's citizens consumed more electricity in July than ever before....
Research in Practice
September 01, 2010You can't miss it -- 213 solar panels and a battery the size of a tractor trailer sit alongside one of Duke Energy's electric substations on Charlotte, North Carolina's Highway 51....
No-regrets Innovator
August 30, 2010By Kate Rowland- Managing Editor
Intelligent Utility Magazine
Duke Energy's chief executive doesn't mince words....
Making Waves with Tidal Energy
August 27, 2010By Ken Silverstein- EnergyBiz Insider
Editor-in-Chief
The first-ever federal license to proceed with a utility-scale tidal energy project in this country has been issued in Oregon. After an extensive permitting process, the Federal Energy Regulatory Commission has given the thumbs up to Ocean Power Technologies....
Where Did Utility R+D Go?
August 25, 2010Juggling four bowling pins is difficult enough, even for the polished entertainer....
Hydropower's Turn
August 23, 2010By Ken Silverstein- EnergyBiz Insider
Editor-in-Chief
Hydropower may be green energy's forgotten cousin. But industry representatives are keen to push it hard now that the U.S. Congress is grappling with energy legislation. They say that hydro holds great potential, noting that despite being an emissions-free source only 3 percent of 79,000...
Climate Change and the Grid
August 20, 2010By Ken Silverstein- EnergyBiz Insider
Editor-in-Chief
Efforts to enact legislation that would limit carbon emissions have seemingly stalled. So it would appear that new standards to make the transmission wires more amenable to transporting green electrons are untimely. But those who are in charge of ensuring the dependency of the electric...
Letters from Readers
August 19, 2010A few letters we received on topics that appeared in the past few weeks. They capture the essence of how many readers say they feel....
California's Solar Lead
August 18, 2010By Ken Silverstein- EnergyBiz Insider
Editor-in-Chief
...
Meeting at FERC's Place
August 16, 2010By Ken Silverstein- EnergyBiz Insider
Editor-in-Chief
...
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