EnergyBiz Magazine Winter 2015
In This Issue
  • Nearsightedness of Incumbency
    David Crane, President and CEO of NRG Energy
    TEN YEARS AGO, when EnergyBiz was launched, the American power industry was not experiencing its finest hour. Gripped by irrational exuberance, which manifested itself principally in overpaying and overleveraging when acquiring deregulated power assets, the power industry destroyed billions of dollars of shareholder value.Worst of all, it managed to destroy value in a way that besmirched the...
  • Reworking Generation
    Daniel Yergin, Vice Chairman, IHS
    THE ENERGY WORLD does not stand still. It is remarkable how much has changed in the industry - and in perspectives - from just a decade ago when EnergyBiz launched. It is all the more remarkable considering that major investments in electric power can have a 60-year life, or even longer.Just reflect: A decade ago, it seemed absolutely guaranteed that the United States was going to become a major...
  • Future Trends for Utilities
    Fred Buckman, chief executive officer of Powerlink Transmission
     FOR A LARGE PART of my career, it was my good fortune to work in the electric utility business. My start came with Consumers Power in 1967 while I was still in graduate school and ended with my role as chief executive of PacifiCorp in 1998. The electric utility business I see today is quite different from the one I joined in the mid-'60s and even different from the one I left 16 years ago....
  • Vestas-Hungry yet Humble
    Chris Brown, President, Vestas Wind Systems North America
    Chris Brown has been steering Vestas Wind Systems' North American operations as it pivots to thrive in a more mature wind industry by being both hungrier and humble. He joined the company as president in late 2012.Brown has known challenges, having served as chief operating officer for the City of Detroit, which filed for bankruptcy in 2013. Earlier, he was executive vice president of DTE Energy...
  • An Opportunity, Not a Threat
    Krishna V. Prasad, Tata Consultancy Services.
    IMAGINE A LARGE STORM moving into an urban city area - soon, many utility customers will lose electric service as the electric utility's assets are affected by flooding, wind or other disruptive forces of nature. Imagine that, instead of spending valuable time trying to figure out how to operate the network in islands by isolating the damaged areas, a utility could seamlessly and immediately...
  • Spurring Global Electricity Access
    Jim Rogers, University Fellow at Duke University
    HAVE YOU VISITED your doctor lately? Imagine if there was no choice but to be examined by candlelight, or worse, with no light at all - the doctor might have missed something. That's the scenario for 1 billion people around the world whose health clinics lack electricity.Imagine attending third grade in a room dependent on natural light. Over half the primary school children in the developing...
  • Easing Data Access
    Building an Interoperable Ecosystem
     OUR GOAL IN the Green Button Initiative is to provide electricity customers with easy access to their energy usage data in a consumer-friendly and computer-friendly format, and to develop an interoperable ecosystem for utilities, manufacturers and consumers worldwide that want to manage and improve the efficiency of energy usage. Because of its simplicity, Green Button is well on its way to...
  • Heightening Grid Security- Interview with Richard Clarke
    Richard Clarke
    ELECTRIC UTILITIES AND the energy sector must develop and execute multiyear strategies to heighten security against physical and cyberattacks. That will require power rates to climb, according to Richard Clarke, one of the nation's pre-eminent security experts and the former National Coordinator for Security and Counterterrorism for the United States. He recently talked with EnergyBiz. The...
  • Grid 3.0?
    Chris L. Greer
    AS UTILITIES AND CONSUMERS are starting to reap benefits from the evolving smart grid, a partnership of six government and industry organizations is already looking ahead to the next transition - to Grid 3.0.  At a roundtable hosted in November by the National Institute of Standards and Technology, participants from across the energy sector launched a planning process that may help shape the...
  • BOBBI HARRIS, FOUNDER AND PRESIDENT,SMART WATER, SMART CITY
    SMART CITY INITIATIVES are popping up around the globe. Innovative technologies and services support a plethora of "smart" - smart energy, smart building, smart water, smart homes, smart transportation, smart infrastructure, smart governance, smart education and smart consumer. The list may seem to encompass all  things, and that would be the point. A smart city imitative crosses many facets...