Become a PUF Member Organization

Good Ratemaking is Hard to Do

Especially in today’s politically charged environment

Trying to use ratemaking to address an increasing number of social issues intensifies the difficulty for regulators to reach a balanced outcome. Net metering stands out as economically inefficient, unfair and a regressive cross-subsidy, essentially an implicit tax on non-solar customers.
Byline: 

Kenneth W. Costello

Read Entire Article

Preparing for the Inevitable

New Approach to Recovery from Catastrophic Losses of Grid Facilities

How to adequately prepare for recovery from catastrophic losses: Doing nothing may minimize cost in the short run, but it leaves electricity customers exposed to the risk of extended outages. At the other extreme, having each utility purchase its own dedicated inventory of critical equipment would be duplicative and prohibitively expensive for utility customers. A shared inventory model offers a sensible middle-ground approach.
Byline: 

Paul Afonso, Lauren Azar, Dian Grueneich and James Hoecker

Read Entire Article

Unsung Role of Fossil Fuels in the Miracle of U.S. Growth

Past, Present, and Future, Part I

Robert Gordon’s seminal book, The Rise and Fall of American Growth, has a pessimistic message with profound economic, social, and political implications. But nowhere in Gordon’s 762-page book does he give credit to fossil fuels for the economic miracle of the past two centuries. In this article, I focus on the critical historical role that fossil fuels played in creating the technological and economic miracles that Gordon articulates so well.
Byline: 

Roger H. Bezdek

Read Entire Article

Electricity Market Reform in Japan

Bumpy Road Ahead

This is the first in a series of three articles related to power market reform in Japan and its implications both for Japan and globally.
Byline: 

Glenn R. George, Hans-Martin Ihle, and Miura Wataru

Read Entire Article

Energy People: Stan Garnett

We talked with Stan Garnett, former senior exec of two utilities, the day after the United Kingdom voted to leave the European Union.

The Brexit vote neatly frames a rather historic episode in the utility industry worldwide.
Byline: 

Stan Garnett, with Steve Mitnick

Read Entire Article

Energy People: Jim Rogers

We talked with Jim Rogers, former CEO of Duke Energy.

Duke is now made up of five companies that existed in 1992. There are three difficult tasks in doing a successful combination. One is to negotiate it. The second, maybe the most difficult task, is actually getting the approval at both the state and federal levels. And lastly, the really hard work of combining the companies. It’s getting the cost savings as well as the revenue enhancements associated with the transaction. It is keeping the most talented people.
Byline: 

Jim Rogers, with Steve Mitnick

Read Entire Article

Future Shocked

New uses for electricity doubtless on the horizon albeit unpredictable

One vision of future power: By 2040, most households had at least one Powered Immersion room, some two or three.
Byline: 

Steve Mitnick

Read Entire Article

Where are Renewables? Where are People?

Utility scale wind in Texas alone produced eight times more power than all the residential solar in the U.S.

Renewables generated 121.1 million megawatt-hours in the first four months of the year, per the latest Energy Department data. 

That is, in vogue renewables. Excluded are out of vogue renewables: hydro and nuclear.

Utility scale solar generated 9.7 million megawatt-hours. Distributed solar generated 4.6 million.

Of the distributed solar number, 2.4 million was residential solar, 1.8 million was commercial, and 0.4 was industrial.

Byline: 

Steve Mitnick

Read Entire Article