Tag

electricity

Podcast

Future brightens for Chile as energy leader

Big changes are taking place in Chile when it comes to energy, with a strong push for renewable energy in recent years. And there’s more to come, according to the country’s president, Sebastián Piñera. In this edition of the Columbia Energy Exchange podcast, I sit down with Susana Jiménez, Chile’s energy minister, who’s overseeing her government’s plan to change significantly the way the nation produces and uses energy. In the process, she aims to make her nation a model for not only South America but also the world. The fifth largest consumer of energy in South America, Chile is only a minor producer of fossil fuels and therefore has relied heavily on energy imports That’s changing, however, as Chile looks increasingly to solar, wind and other forms of renewable energy. In fact, renewable energy now accounts for about 18% of…

Continue reading
International, Podcast

Outlook for Energy in Mexico

A new president took office in Mexico on December 1. Andrés López Obrador easily won Mexico’s presidential election on July 1 as a populist representing a party he founded four years ago. His nation’s energy future is among the critical issues he will face. On this edition of the Columbia Energy Exchange, host Bill Loveless interviews Amb. Carlos Pascual, a senior vice president at IHS Markit, where he concentrates on worldwide energy issues and international affairs. Carlos served as U.S. ambassador to Mexico from 2009 to 2011 and to Ukraine from 2000 to 2003. At the U.S. State Department, he established and directed the agency’s Energy Resources Bureau as a special envoy and coordinator for international affairs from 2011 to 2014. He is also a non-resident fellow at CGEP. Bill caught up with Carlos recently during a trip Carlos made…

Continue reading
Podcast

Restoring electricity in Puerto Rico-an inside look

Hurricane Maria was one of the most devastating storms to ever hit the United States, leaving a path of death and destruction across Puerto Rico last September. The electric grid faced extensive damage that put virtually the entire population without power for weeks and months. On this edition of the Columbia Energy Exchange podcast, host Bill Loveless talks to Carlos Torres, a former official with Consolidated Edison in New York, and the man assigned by the Governor of Puerto Rico with the difficult task of coordinating the restoration of electricity for the island. Carlos spent more than 30 years at Con Ed managing emergency management and storm restoration efforts, including overseeing the utility’s response to major storms like Super Storm Sandy and Hurricane Irene, and emergencies like the September 11 attack at the World Trade Center and the 2003 Northeast…

Continue reading
Podcast, Policy

“What’s the value of national security?”

The Trump administration continues to look for ways to keep old coal and nuclear power plants operating, as lower-cost natural gas and renewable energy offers cheaper alternatives for generating electricity. A new proposal under consideration at the U.S. Department of Energy takes a new tact on the topic, claiming ongoing retirements of coal and nuclear plants presents a national security risk to the U.S., given growing concerns over the vulnerability of the grid to cyber and even physical attacks. If nothing else, the thinking goes, coal and nuclear plants have the advantage of storing fuel on-site rather than relying on pipelines, as is the case with gas power plants, or intermittent supplies of solar and wind energy. Here, in a Columbia Energy Exchange podcast with me, DOE’s assistant secretary for electricity, Bruce Walker, speaks out on the national-security rationale for…

Continue reading
Article, Climate, coal

A long-shot opportunity for coal and carbon capture?

By Bill Loveless New efforts to promote technology to capture carbon-dioxide emissions from coal-fired power plants and bury them underground or use them to enhance oil production are getting more attention in Washington these days thanks to the Trump administration and its commitment to save the U.S. coal industry. Now, the credit-rating agency Moody’s is cautiously predicting that the technology may be the answer for the declining industry in the long run, though daunting obstacles remain. One thing that could jump start interest in carbon capture and sequestration (CCS) would be a spike in the cost of natural gas, whose abundance in the U.S. and low price in recent years have persuaded electric utilities to rely more on gas to fuel their power plants and less on coal, according to a new report from Moody’s. On that score, the agency…

Continue reading
Podcast

Columbia Energy Exchange: Mauricio Gutierrez

My first Columbia Energy Exchange podcast of 2018 with one of the new leaders in the U.S. electric power industry. This comes as the Federal Energy Regulatory Commission prepares to respond to a Trump administration plan to aid old coal and nuclear plants, and the U.S. power sector faces even more disruption. Mauricio Gutierrez, the CEO of NRG Energy, responds frankly to these developments. I enjoyed the conversation! Listen here.

Continue reading
cyber security, Electricity, Infrastructure, NERC, Podcast

Cyber attacks on U.S grid: How likely?

In the latest Columbia Energy Exchange podcast, I talk with Marcus Sachs, the chief security officer at the North American Electric Reliability Corporation, about recent incidents and what they tell us about the vulnerability of the U.S. grid to cyber attacks. Marc describes as well as anyone I know the risks that computer hacks pose for the electricity infrastructure and the steps being taken by the power industry and the government to guard against such attacks. Not surprisingly for someone from the industry, he’s confident in its ability to keep the lights on. But just as significantly, he also makes clear that dealing with such intrusions is no easy task, and one that demands constant vigilance. Please take a listen to our 30-minute discussion, and let me know what you think.

Continue reading
Corporations, Energy, Podcast

Columbia Energy Exchange: Centrica CEO Iain Conn

Disruption is widespread in energy industries around the world today, and success or failure in dealing with that change often depends on who’s running a company. In this episode of the “Columbia Energy Exchange,” I talk with Iain Conn, the chief executive of  Centrica, a multi-national company based in the United Kingdom, whose roots go back as far as 1812. Conn, who joined Centrica in 2015 after spending 29 years at the oil major BP, is repositioning Centrica from exploration and production and central power generation to what he calls “customer-facing” businesses, a move he says makes sense given fluctuations taking place in energy markets. We talked about that transformation during one of his visits to Washington as well as about world oil markets, Brexit, climate change and Donald Trump.      

Continue reading
Onstage Interview

Live: A Conversation with Duke Energy CEO Lynn Good

For a number of years now I’ve specialized in interviews with CEOs from across the energy sector, before audiences, in print and on the air. Doing this onstage is especially satisfying as I have the opportunity to immediately share a conversation with an audience, experience the reaction of onlookers and incorporate their questions and thoughts. In short, it’s always an exciting opportunity. In this instance, I sat down with Lynn Good, the CEO of Duke Energy, one of the largest electric power operators in the U.S., at the 2017 ARPA-E summit outside of Washington. The U.S. Department of Energy’s Advance Research Projects Agency provides funding and expertise to help developers of risky but promising energy technologies bring their innovations to market and transform the ways we produce and use energy. Watch the conversation here.

Continue reading
Article, Economy / Finance, Energy, Government and Politics

Loveless: U.S. looks to Canada for green power

Free trade in North America has become a contentious issue this year, thanks to attacks by Donald Trump on a wide-reaching agreement implemented by the U.S., Canada and Mexico in 1994. But even as the pros and cons of the North American Free Trade Agreement continue to be debated in the U.S. election campaigns, new opportunities for commerce among the three countries are emerging, including opportunities in energy. (Read more)

Continue reading