John Hennessy III,
P.E.
Infrastructure is our vision for the future, creating growth and opportunities for our children and grandchildren. This idea of vision, where we are going and why, is crucial; the leadership to get there and to bring everyone together to build a great project (and all projects, like all children, are great) is what we celebrate with the Leadership Forum.
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Fundamental market forces — the addition of highly efficient new gas-fired resources, low natural gas prices, and flat demand for electricity — are primarily responsible for altering the profitability of many older merchant generating assets in the parts of the country with wholesale competitive markets administered by Regional Transmission Organizations (RTOs). As a result, some of these resources (mostly coal- and natural gas-fired generating units, but also many oil-fired power plants and a handful of nuclear power plants) have retired from the system or announced that they will do so at a future date.
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Renewable energy innovation is starting to really change gears. In the last couple of years, most of the new power generation capacity added has been renewable.
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This report examines and compares the stack air pollutant emissions of the 100 largest power producers in the United States based on their 2015 generation, plant ownership, and emissions data. Table 1 lists the 100 largest power producers featured in this report ranked by their total electricity generation from fossil fuel, nuclear, and renewable energy facilities. These producers include public and private entities1 (collectively referred to as “companies” or “producers” in this report) that own roughly 2,900 power plants and account for 85 percent of reported electric generation and 86 percent of the industry’s reported emissions.
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The U.S. power grid has long been considered a logical target for a major cyberattack. Besides the intrinsic importance of the power grid to a functioning U.S. society, all sixteen sectors of the U.S. economy deemed to make up the nation’s critical infrastructure rely on electricity. Disabling or otherwise interfering with the power grid in a significant way could thus seriously harm the United States.
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Brookings Senior Fellow Mark Muro and Devashree Saha discuss the declining number of patents and ventures capital funds going to clean technology in the United States. They also explain why investing in energy innovation is important for the U.S. economy and fighting climate change.
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The world is on the cusp of three revolutions in transportation: vehicle electrification, automation, and widespread shared mobility (sharing of vehicle trips). Separately or together, these revolutions will fundamentally change urban transportation around the world over the next three decades.
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We are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history. By 2030, within 10 years of regulatory approval of autonomous vehicles (AVs), 95% of U.S. passenger miles traveled will be served by on-demand autonomous electric vehicles owned by fleets, not individuals, in a new business model we call “transport-as-a-service” (TaaS). The TaaS disruption will have enormous implications across the transportation and oil industries, decimating entire portions of their value chains, causing oil demand and prices to plummet, and destroying trillions of dollars in investor value — but also creating trillions of dollars in new business opportunities, consumer surplus and GDP growth.
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Cities and local communities play an integral role in driving energy efficiency throughout the United States. The cities of Atlanta and Boston are energy efficiency leaders, achieving great success in energy saving and energy management creating energy efficient buildings in their cities, both municipal and commercial. Can the two cities; both on the east coast but with completely different climates help each other think differently about ways to save energy?
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In the U.S., the renewable energy sector has become a major job creator: since 2009, the solar industry created one out of every 80 new jobs, and the country’s fastest-growing occupation is wind turbine technician. While President Donald Trump may have promised to bring back coal jobs, he will no doubt find resistance—in both Congress and statehouses—should his efforts come at the expense of clean energy jobs.
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