Original Source: Risks Faced by Power Utility Companies | Energy Central Unprecedented transformation and rising threats are a top focus for power and utilities. Meanwhile, the cleaner energy transition poses unique opportunities to move the industry forward. Leaders know that taking a panoramic view of risk is no longer nice to have. It’s a must. Power utility companies are facing significant risks due to the latest technologies available. The advancements in technologies have led to a change in the power generation and distribution system, and thus, power utility companies must adapt to these changes to stay relevant in the industry.…
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Original Source: Record-high electricity prices fail to boost residential energy management programs: JD Power | Utility Dive Utilities Intelligence Report March 2023 Electricity bills in the United States rose 13.1% on average in 2022, higher than the overall rate of inflation. Concurrent with this trend, utilities have introduced aggressive carbon reduction goals and sustainability initiatives that rely on customers reducing their energy consumption through a combination of time-of-use rates, energy-saving appliance rebate programs and more. In fact, 81% of electric utility customers are now served by a utility with a stated carbon reduction target. Despite this decade-long push to change…
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Another week and we have two more dire warning shots of forecast blackouts this summer. These come from The Wall Street Journal and describe challenges from the Midcontinent Independent System Operator (MISO) region to California. Michigan’s Palisades Nuclear Generating Station shut down permanently on May 20th taking out 6.5% (800 MW) of the state’s electricity supply (gulp). The Journal notes it is part of Michigan’s transition to all renewable energy. They also write that it was slated for closure for five years, but Governor Whitmer waited to throw a last-minute Hail Mary just one month before closure to the federal…
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I could not compete with my former self and Gene Simons from last week, but I went back to the Gallup psychoanalysis barrel for more inspiration. I don’t want to write about myself unless it helps you understand why I’m so, uh, peculiar. Like Mr. Simons, I’m an insatiable consumer of information, maybe not books so much – although I’m sure I broke personal records since the Covid – but digital publications, interviews, conference papers, and journals. The psychoanalysis says, “It’s very likely that you rely, to some extent, on your passion for reading to help you launch conversations. Engaging…
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Employees at Michaels get a free psych-x profile (it’s not my area of expertise) to determine personal strengths through Gallup. My top strength is “context,” which means I’m a historian. What does this mean? I observe history, including my mistakes, others’ mistakes, and continuously analyze human nature. For example, I watched a webinar last week on how to be a “rock star” of success. You’ve heard of others called a “rock star,” right? “Rock star” made lists of overused terms years ago. The presenter said, (paraphrasing) “it doesn’t matter whether the person is a customer, supervisor, owner, or employee; all…
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This week’s feature presentation is one of my favorites for saving energy: automobiles. Let’s take this recent post from Fuel Fix and dive right in. The first one I read is “make sure your gas cap is broken or missing.” That’s right. You can save 3 cents per gallon if it is broken or missing. I think they need some proofreading. I suggest using a well-oiled and fully functional gas cap. Where they get the 3 cents per gallon savings, I have no idea. That’s like saying a 20 minute power walk will reduce the energy content of a milkshake…
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This Geography guy really needs to get out of the classroom and the city for that matter once in a while. Modern agriculture is probably demagogued and more poorly understood than energy efficiency, and since this opinion piece addresses both I will dispense with its shredding. I grew up on the farm 30 years ago in southern MN and northern IA, and I stay in touch spending a week each year reliving my childhood farming days. My elder brothers still run the place. They grow maybe 2,500 acres of corn and soybeans and raise and market maybe 25,000 hogs per…
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I was recently reading a letter to the editor in The Wall Street Journal where the reader blasted ag biotech companies like Dow Chemical and Monsanto for creating “superweeds”. Monsanto transformed crop farming with the development of Roundup herbicide, which kills practically anything with roots but is otherwise quite benign (oxymoron alert). They later developed genetically modified seeds for plants that are immune to the weed killer. But weeds, like bacteria, have morphed to become immune to Roundup. The letter goes on to compare the superweeds to antibiotic–resistant organisms. Except, nobody is going to be killed by a superweed. So…
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My mother used to tell me I ought to be a lawyer because I would argue and/or complain about everything. I think I still get under her skin sometimes, even as she has passed her 75th birthday. She SAYS she still likes me to visit anyway. The thing is, my brain is hardwired to make everything as efficient as possible. Perhaps this is due to my growing up on a large farming operation where there was always more things to do than time to do it. Let’s see…, sounds like my present job. Some past and present obsessions: Save as…
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