Technology Corridor
Outdated "wisdom" wastes the nation's electricity infrastructure. Distributed CH&P is the answer.
The use of wasted heat-which now comprises two-thirds of the energy value of the fuels used in generat-ing electricity in this country-may be the most important benefit from using more distributed generation.
Chicken Little has cornered the market on gas price doom and gloom, but the data is inconsistent on whether high gas prices are here to stay.
A near-universal consensus of alarm appears to be emerging concerning North American gas supply adequacy. The steady march upward of spot gas prices and NYMEX futures over the past year confirms this coalescence of market sentiment. Way back in June 2002, you could still buy Rocky Mountain wellhead production for about $1.25/MMBtu, although Eastern U.S. markets had already exceeded $3.00/MMBtu.
Meeting tougher CO2 emissions limits will require deep pockets.
It's a tough problem that we have less than 22 years to solve. I had the occasion to chat with Dr. Henry R. Linden, Max McGraw Professor of Energy and Power Engineering at the Illinois Institute of Technology, about how the U.S. power industry must face the necessity of sharply reducing its CO2 emissions while having to increase its summer electric generating capacity from 781 GW in 2000 to 1,174 GW in 2025, according to the Energy Information Administration.