Coal: Power suppliers are turning back the clock to use coal-fired plants as their main source of electricity. Latest figures from the National Grid show that coal accounted for 42.5 percent of all power generation, overtaking natural gas production.
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The North American Electric Reliability Corporation says in a recent report that adding electricity from the wind and sun could increase the frequency of blackouts and reduce the reliability of the nation’s electrical grid. The overhauled electric system that has emerged in the last two decades already has inadequate transmission capacity.
“Electricity will be the main shortage of the future.” – Dr. Richard Smalley, Nobel Laureate.
The electric industry in the United States is in terrible shape. We should expect local and regional brownouts and blackouts to become common occurrences “within five years,” reports a senior faculty member from Carnegie Mellon University. Few utilities want to take political, regulatory or financial risks. In such an environment the long-range planning cycle has been broken. It is almost impossible to decide what to build and at what scale.