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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 ...
Is it Time for California to Phase Out Nuclear Power?
Italy recently became the fourth nation to pledge to phase out nuclear power since Japan's Fukushima disaster. Italy accomplished this feat by a popular referendum, soon after Germany did the same in its legislature (Bundestag). Switzerland has also agreed to a phase out and Japan itself has agreed to phase out much of its nuclear capacity in favor of renewables and natural gas. Should California do the same? Could it ...
Nuclear-Based Electricity and Economic Theory
By Ferdinand E. BanksThe purpose of this article is to extend the short paper I presented as part of an energy 'debate' at the recent 'Singapore Energy Week'. What I attempted to do in that talk was to call attention to several issues that were not understood by at least one debater at the 'meeting'. This errand was important, because as Marcel Boiteux -- the eminent French economist who at one time was ...
Management In Real Life: What Makes a Great Employee?
Energetic, positive, bold, inspiring, and action-oriented. Wow! Great employee traits! Are they produced by the right environment? Or the right person? Let's peek inside a workplace and see what we can learn. Managers from different divisions of the same company sat together in a workshop. At the break, the two headed for the snack tray, chatting about work. One complained about how difficult it is at the end of every ...
Trillion Dollar Opportunities
During the last decade, technologies have been developed and demonstrated at scale to economically produce natural gas from shale rock formations. As a result, the Energy Information Administration (EIA) estimates that the US has about 800 trillion cubic feet of technically recoverable shale gas. Just ten years ago, this shale gas was considered uneconomic. At a forward price of $5 per thousand cubic feet, this gas now has a value ...
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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