Word: eps
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Dates: during 2000-2009
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...That was, of course, before California's debacle, which erased EP&L's gains and caused some states to slam the brakes on dereg programs. Elsewhere, deregulation has lowered prices, and the green gang is still making inroads. So the game isn't over?some California parishes have begun strapping solar panels on their roofs?nor is the need for power of all kinds. The Energy Department sees a 25% surge in electricity needs by 2010 and has penciled in a similar rise in capacity. That supply growth depends on the construction of new generators. Yet the White House...
...Deregulation was supposed to cut electricity prices. But it also allowed consumers to choose a utility on the basis of other criteria, such as the energy source. That prompted EP&L into action. Renewable energy's future is a simple case of demand and supply: if EP&L and others influence consumers to choose renewables, more suppliers will enter the business. And bringing in more suppliers will close the price premium that green energy often carries, which will in turn spark demand...
...EP&L scored big in 1998 when Green Mountain, based in Austin, Texas, agreed to print educational material and offer churches $35 cash for each parishioner who enrolled. Formerly part of a Vermont utility, the company was sold to private investors in 1997. A cynic might call the setup a marketing V.P.'s wildest fantasy: priests endorsing a product in the name of you-know-who and then pounding the pavement. But that would not be entirely fair. Both sides are vulnerable, and neither has an advantage. It's the Holy Spirit meeting the 'invisible hand.' Ecumenical groups are adapting...
...maturing market. 'It's nice to be the only game in town,' says Clifton Payne, president of Green Mountain's Eastern region, 'but it might be better for all if there were more games in town.' Local companies that offer green options siphon off potential customers?including 30 other EP&L churches?but Green Mountain remains the most dedicated national player. The total output of U.S. renewables is 16,500 MW, about 2% of the total U.S. grid. 'Until the demand for green energy increases, you're just rearranging the deck chairs on the Titanic,' says Adam Markham of Clean...
...Besides setting limits on how close their planes fly to ours, the major issue will be agreeing on the map of Chinese airspace. Beijing has a rather flexible definition of international waters. In fact they're claiming the U.S. EP-3 was inside an economic exclusion zone around some islands, although Washington disputes this. So a major issue at the meeting will be establishing the boundaries of China's sovereignty. A lot of the discussion is going to be over cartography. You shouldn't be sending warplanes up with these things undecided, because you don't want...