With most of the power industry's assets placed in 15- and 20-year recovery periods by the Department of the Treasury, the current cost recovery system unjustly penalizes investors and makes capital formation much more difficult, according to David Owens, Edison Electric Institute (EEI) executive vice president.
Coal

With e-commerce business volumes expected to exceed $5.7 trillion by 2004, electric utilities are exploring how best to take advantage of the Internet as an on-line O&M tool.

In the Opinion of COGEN Europe, an Association That Promotes Cogeneration, the Development of combined heat and power (CHP)/cogeneration in Europe is at a critical stage. Privatization and deregulation of the electric power industry, plus environmental concerns, are not only challenging the cogeneration industry, they are also presenting opportunities, says COGEN Europe.
Coal

Coal has been the number one fuel in electric power generation for a long while, but its popularity is increasingly threatened by developing technologies, deregulation and tightening environmental regulations.
Nuclear

EBARA Corp. of Japan is investing $15 million for a 5.2 percent interest in Ballard Generation Systems plus two 250 kW Ballard Fuel Cell power plants for testing in Japan. Ballard and EBARA are jointly investing $16 million to form a new company to sell, distribute and later manufacture fuel cell power plants in Japan.
Nuclear

million of nonrecourse project finance for its 230 MW gas-fired combined-cycle power plant in Barry, South Wales, United Kingdom.

Several years ago, I remember thinking there was no way technological advances could keep up their current pace. Graphs depicting these advances swung upward at the end like a stomach-churning ride at Six Flags. Yet today, that trend remains unchanged. We are now overwhelmed at times by the flurry of technologies reported in the news and pushed by marketers. It`s amazing that compared to what is on the store shelf today, my two-year old computer, despite my feeble upgrades, is more suitable as a
Hydroelectric

Last spring at Salem-1, Public Service Electric & Gas (PSE&G) discovered unexpected steam gen er ator (SG) problems beyond anything it had anticipated. After the situation was assessed, it became clear that if the generators were not replaced, the plant could not restart. "There were no viable repair options at that time," said Eric Salowitz, PSE&G`s nu clear support director. "We were in full outage, and the generators had deteriorated beyond the point of repair with the technology available. T