GLG News by Utilities and Power Generation Experts (US)

Mark Burger, Principal Consultant

Mark BurgerPrincipal ConsultantKestrel Development Company 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Steady as Green Power Goes for FPL

January 7, 2009

This Utility Will Inherit the Wind | online.barrons.com

In spite of the present recession (or depression, if you're out of work) causing financing chaos, FPL is well positioned to continue developing wind and PV projects.  PV and wind power costs have reached parity with new construction fossil and nuke plants in many US locations.  FPL's experience in these projects will enable them to handle improvements in metering, prediction and storage technologies that will make solar and wind eventually competitive with most any baseline power plant in the next decade.

Mark Burger, Principal Consultant

Mark BurgerPrincipal ConsultantKestrel Development Company 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Japan PV Market Turnaround?

January 7, 2009

Japan to bring back solar power subsidy for homes | www.reuters.com

While the PV industry sweats bullets (or silane) over what the 2009 market will bring, there is a bright spot in one of the major markets.  Japan will be inaugurating a new residential incentive program, borrowing from its successful effort from the mid-1990's to mid-2000's.  If the new program doesn't produce an economic "miracle", it should at least stop the bleeding of their installation market.

Mark Burger, Principal Consultant

Mark BurgerPrincipal ConsultantKestrel Development Company 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

PV Oversupply = Price Collapse = Grid Parity

December 28, 2008

Massive 168% photovoltaic module overcapacity to cause pricing collapse in 2009 | www.pv-tech.org

The impending PV oversupply situation, while perhaps a little overstated, will result in a collapse or at least a steep decline in modules and installations.  Once the dust settles for the surviving companies, the result will be a technology that will be competitive with fossil and nuclear power, especially for new construction.  The situation will be aggravated by the current economic malaise, but has been overdue in any event, just like any other high tech industry

Mark Burger, Principal Consultant

Mark BurgerPrincipal ConsultantKestrel Development Company 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Oil imports and domestic renewable energy - a dubious link

December 28, 2008

U.S. expects big drop in oil imports | money.cnn.com

Like dogs chasing flashlight beams on the wall, changes in the price of a barrel of oil, and imports, distracts us from greater fundamentals.  While US consumption has slipped, it is unclear whether it will translate to less imports.  And imports may just not be a causal link for renewable energy, despite the political sloganeering.

Mark Burger, Principal Consultant

Mark BurgerPrincipal ConsultantKestrel Development Company 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Cut and Run or Delayed Gratification?

December 10, 2008

Alternative energy ideas power down | www.delawareonline.com

As the alternative energy Charlie Brown runs up to kick the green football, a global recession Lucy Van Pelt snatches it away.  The global recession, which triggered a collapse in petroleum prices, has investors in green terrified and the traditional energy ideologues braying.  Will these investors stick out what will be a very scary year, or will they cut and run, and set back alternative energy development for another decade?

Thomas ShewskiOwnerHigh Energy Services 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

New Coal Demand from New Coal Plants Coming Online in 2009

December 8, 2008

Sector Snap: Coal Sector Falls on Weak Demand | money.cnn.com

    Despite U.S coal demand forecasted to be down in 2009 for thermal and metallurgical exports, new coal plants coming online will require incremental coal demand.

Thomas ShewskiOwnerHigh Energy Services 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Fuel Switching from Coal- to Natural Gas-Fired Electricity Generation

December 8, 2008

Oil Price Drop Forces Big Energy to Retreat | www.time.com

    Current natural gas prices of approximately $6.00/MMBtu allow electricity generation on natural gas to be more economic compared to coal in certain areas of the U.S.  This is further favored by the time of the year.

Thomas ShewskiOwnerHigh Energy Services 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

U.S. Thermal Coal Exports for 2009

December 8, 2008

U.S. Coal Export Boom Over for Now | www.guardian.co.uk

U.S thermal coal exports will be down in 2009 versus 2008 since the U.S.’s coal is no longer competitive into Europe and other world locations.

Thomas ShewskiOwnerHigh Energy Services 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

CSX Tariff Rate for Export Steam Coal to Rise January 1, 2009

December 8, 2008

CSX Tariff for Export Bituminous Coal | www.csx.com

    The CSX is raising tariff rates for export steam coal on January 1, 2009

Thomas ShewskiOwnerHigh Energy Services 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Rate Case Demonstrates Coal Transportation’s Attractiveness to Union Pacific and Other Railroads

November 14, 2008

Oklahoma Gas & Electric Files Rate Case Against Union Pacific Railroad for Coal Transportation | www.stb.dot.gov

    The most recent Surface Transportation Board Rate Case filed by Oklahoma Gas & Electric (OG&E) against the Union Pacific Railroad (UP) for coal transportation from the Powder River Basin to the Muskogee coal plant actually shows the attractiveness of this move to the Union Pacific Railroad and other railroads.         The commentary section describes the positive economics around this Rate Case to the UP.

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