Technology

Titans of Transmission

ITC and AEP jockey for the lead in building the grid of tomorrow.

On February 9, a group of the nation’s major grid system operators released a study estimating the nation’s electric industry sector needs to spend some $80 billion—more than 10 times the size of that portion of the Obama stimulus package directed specifically at transmission construction—in order to achieve a 20 percent retail penetration for renewable wind energy in just the Eastern Interconnection.

Dynamic Pricing Solutions

How to account for lack of strong price signals. A hard year puts deregulation to the test.

The greatest benefits of time-of-use pricing come from avoided costs of peaking power and T&D capacity—but only if hourly retail prices accurately model the true costs of delivered energy, including scarcity rents. Restoring the missing price signals will encourage economic investments in AMI, conservation and system capacity.

Water Worries

With new plants pending, cooling requires serious thought.

Cooling water shortages might force nuclear project developers to get creative.

I Want My In-Home Display

Consumers await a revolutionary interface.

Consumers await the revolutionary interface that will allow them to control their energy consumption. Besides maximizing efficiency in the home, these units will allow more

price and product competition. But disincentives to innovation are making for slow progress.

Defensive Invention

When the U.S. Patent Office published patent application number 11/626,810 in July 2008, few people noticed—at first. Soon, however, the metering-technology community was abuzz, mostly with outrage. If the Patent Office grants the patent and all its claims, other utilities would be legally forbidden from using any of the methods described, without first obtaining a license from the patent holders.

Letters to the Editor

(September 2008) In July 2008, two pronouncements on energy policy were made by well-known and respected public figures, T. Boone Pickens and Al Gore. While the T. Boone Pickens and Al Gore proposals are timely and merit further evaluation, at this time continued dependence on oil imports and only modest progress in replacing fossil fuel use for power generation have to be accommodated.

AMI Standards: A Work in Progress

Vendors battle it out while utilities await common communications protocols.

Uncertainties about smart metering goals are hindering efforts to standardize communications protocols and feature sets. While vendors battle over standards, utilities and policy makers are moving forward anyway—despite the potential for setbacks.

Is Yucca Enough?

Scenarios depict possible nuclear waste futures.

Nuclear-waste management is a multi-billion dollar problem, and the future of nuclear power will depend on its resolution. Four scenarios depict possible outcomes and impacts on the electric power industry.