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PUR Guide 2012 Fully Updated Version

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PUF's Where's Energy

Lowest percentage since the 1950s

Electric service is effectively less expensive now than it was in the late summer of the year 2000.

We Forecast Coal Under Billion

Public Utilities Fortnightly now forecasts that the U.S. grid’s coal plants will generate under a billion megawatt-hours this year. That would be big news in itself. But our forecast is that coal plant generation will fall further, below nine-tenths of a billion megawatt-hours.

Not since the late nineteen-seventies have coal plants produced so little power in the U.S. in a year. Which is extra remarkable because the U.S. grid’s overall production of power — from all generation sources — is now about twice what it was in the late nineteen-seventies.

1898’s Historic Speech

Talking about 1898, Samuel Insull’s historic speech, “Public Control and Private Operation,” took place on the seventh of June of that year, in Insull’s adopted town of Chicago. Here are his key words that day, that built the foundation for the regulated utility industry:

“Acute competition necessarily frightens the investor, and compels corporations to pay a very high price for capital…

Inquiring Minds Want to Know

What about this 1898 & Co.? Now that it's launched, and all of one day old, what's the plan?

1898 – What a Year!

Burns & McDonnell announced its new consultancy arm, 1898 & Co.

Rate Trends This Year and in Last 35 Years

Electric rates were actually lower in September than a year ago, for northeast and midwest households, with and without adjusting for inflation. As a consequence, the nationwide Consumer Price Index component for electricity rose just seven-tenths of a percent year-over-year. While the overall CPI rose significantly more, by one and seven-tenths of a percent.

Fortnightly Foremost Innovators

The forty-six qualifying nominations for this year’s Fortnightly Top Innovators included one hundred and thirty-seven innovators. Twenty-three of the nominations — exactly half of them – were of an individual innovator. The remaining twenty-three nominations were of a group of innovators. The groups ranged from small two-person teams to large teams with as many as a dozen team members.

Happy George Westinghouse’s Birthday

Westinghouse shortened the typical American work week from six days to five and a half.

Fossils Up and Down

Natural gas prices have fallen 78% since 2008.

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