Energy Industry Update: December 2007

The Energy Industry Update is a compendium of breaking news, emerging issues, and recent developments in the energy industry.

December 2007

As we end 2007 and enter 2008, the energy industry is still contemplating how it will remedy a looming imbalance between energy demand and available supply. Some in the industry are taking action. But progress is being slowed by uncertainty about regulatory regimes for greenhouse gases, renewable portfolios, and renewables interconnection, as well as continued evolution of demand-side incentives and rate schemes for conservation, energy efficiency and related technologies.

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The Energy Industry Update - Volume 16 - Issue 2

The energy industry is changing, and its regulatory and financial moorings are shifting. Competitive markets combined with other factors may lead to early nuclear unit retirement. Continuing changes in energy supply and demand patterns create a complex operation environment for electric utilities. Federal and state policy lines are beginning to blur as states have been increasingly intervening in FERC domain seeking favorable outcomes for their citizens and other local constituencies. In our Update, themed “As Yogi Berra Might Say…,” we look at the unusual picture drawn by the juxtaposition of these changes.

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