A wave of coal-fired plant retirements presages a possible crisis in the New England market. As load-serving utilities in ISO New England become increasingly dependent on natural gas-fired capacity and large-scale renewable generators, the region might be forced to rely on expensive cost-of-service reliability contracts to keep the lights on. Stakeholders are considering alternative approaches to encouraging power plant development, including special rate incentives previously reserved for transmission projects. Paul J. Hibbard, former Massachusetts DPU chairman and now vice president with the Analysis Group, analyzes how resource constraints are blurring the lines between competitive markets and integrated resource planning in New England.

Competitive energy suppliers are infuriated by Michigan’s regulatory framework. The state partially unbundled its utilities, but left generation tied to retail operations. Then it opened the retail market to alternative suppliers, but capped their participation at 10 percent — severely limiting true competition. Former FERC Commissioner Bill Massey says Michigan’s schizophrenic approach is stifling innovation and saddling customers with unnecessary risks and costs.

John Ferguson, CDP, comments on Joe Rosebrock’s article in April issue and Mr. Rosebrock responds.

In the information age, big growth doesn’t come from putting steel in the ground; it comes from innovating and creating value. But if electricity customers care only about reliability and price, how can utilities create real value that didn’t exist before?

Capital Power acquires Bridgeport Energy plant; ReEnergy Holdings acquires cogeneration facilities; Dominion Resources raises capital through bond issue; Edison Mission Energy refinances debt and others.

(May 2011) Florida Power & Light unveils hybrid solar power plant; SECO selects Sensus for smart grid technology; Lockheed to implement Con Edison energy efficiency programs; Elster partners with SAIC to deliver comprehensive smart grid solutions; Columbia Power Technologies deploys wavepower prototype system; plus contracts and announcements from GE, Siemens, Verizon Wireless, DT, Xcel, Tenaska Solar and others.

The remedy for America’s gravest economic woes may lie in a smart grid that can deliver vast amounts of clean, renewable energy while enhancing our energy security and democratizing our energy system. Although regulatory questions and technical challenges might dominate the industry’s short-term focus, the smart grid’s driving forces parallel America’s long-term national interests — a fact that should guide ongoing technology strategies and investment decisions.