3 item(s) were returned.
Over the past several years individuals and organizations across the political spectrum have called for a comprehensive national energy policy. For example, the CEO of American Electric Power (AEP) recently called for a comprehensive, multi-decade policy, citing the power sector’s desire for regulatory certainty. “One of the biggest challenges [for AEP], certainly from a regulatory perspective,” he said, “[is that] regulations tend to change based upon what administration is in place. Really we do need an element of consistency there.” Robert Rapier, author of the R-Squared column at Consumer Energy Report, also supports the need for more stable energy policies.… [more]
View InsightIn an April 26th speech to business leaders at the U.S. Chamber of Commerce, Nick Akins, President and CEO of American Electric Power, urged the U.S. to develop a comprehensive energy policy. Akins explained that a recent “perfect storm of circumstances” – including EPA regulations, diminished reliance on nuclear power, and low natural gas prices – are making natural gas the de facto favored fuel for power generation. This is a concern for Akins, who points out that natural gas prices have been volatile historically, and that relying on a single fuel source for power generation is risky. [Columbia Dispatch]… [more]
View InsightPresident Obama sent his requested FY2013 budget to Congress Monday, and requested, among other energy-related items, significant increases to energy R&D, renewable energy investments, and energy efficiency programs. From the request: “In light of the tight discretionary spending caps, this increase in funding is significant and a testament to the importance of innovation and clean energy to the country’s economic future.” Among the energy-related budget requests: $27.2 billion to the Department of Energy, a 3.2% hike over FY2012 $5 billion for DOE’s Office of Science $2.3 billion for DOE’s Energy Efficiency and Renewable Energy office – a 29% increase –… [more]
View Insight