A report recently released by the NextGen
Energy Council poses an unsettling question: Could the U.S. face blackouts
as early as next summer?
It’s certainly possible according to NextGen’s recent
report, “Lights
Out In 2009?”, which warns that if Western regions experience prolonged hot
temperatures, “the potential for local brownouts or blackouts is high, with
significant risk that local disruptions could cascade into regional outages
that could cost the economy tens of billions of dollars.”
The report outlines the problem in simple terms:
1. U.S. baseload generation capacity reserve margins have declined to 17 percent in 2007 (down 30–40 percent since the 1990s).
2. A 12–15 percent capacity reserve margin is the minimum required to ensure the stability of our grid.
3. The projected U.S. demand for electricity in the next 10 years has grown by 18 percent (well beyond the projected eight percent between now and 2016).
On top of all this, the Wall
Street Journal reported this week that American utilities are feeling the
credit crunch.
You see, the utilities need cash to build plants and
transmission lines that help us keep the lights on. Given the tighter national
purse strings, utility companies—just like the rest of us—are finding it
tougher to secure the funds they need.
The situation is so dire that NextGen is recommending at
least a $300 billion investment in generation and transmission facilities by
2016 just to keep the grid stable.
On top of the financial challenges, NextGen cites a handful
of other barriers to getting new plants and transmission lines built, including
the “opposition of well-funded environmental groups that oppose and file
lawsuits against virtually every new infrastructure project proposed.” Among
the thwarted new energy projects: clean coal plants and technologies that take
our most abundant resource and turn it into an affordable source of baseload
power for millions.
As we’ve said before, coal needs to be part of America’s
energy solution. Does that solution include wind and solar? Absolutely. But as
NextGen has shown us this week, coal is still one of our best options for
producing baseload electricity. With a little support and ingenuity, coal can
help us alleviate the pain our current economic and climate crises.
Read
more.