the electric utility industry by ian m. torrens and kurt e. yeager summary by sean perry
Post on 20-Dec-2015
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TRANSCRIPT
The Electric Utility Industry
The Electric Utility Industryby Ian M. Torrens and Kurt E. Yeager
Summary by Sean Perry
OverviewOverviewCorporate Stewardship
Environmental practices of EEI
Importance of measurement and communication
Criticisms of electricity
Opportunities for improvement
Promising electrical technologies
Ways of preventing pollution
Corporate StewardshipCorporate
StewardshipNew emphasis on sustainable development
Public concern over climate changes
Investor concerns over future liability
Efforts to improve public image
Increasing environmental regulations
Six Imperatives for Environmental Management
Six Imperatives for Environmental Management
Clearly define policy
Utilize good measurement
Establish dialogue with stake-holders
Question “business as usual”
Satisfy all stake-holders
Integrate stewardship into all decisions
(Hedstrom and McLean, 1993)
Edison Electric Institute Practices
Edison Electric Institute PracticesCorporate environmental commitment
Environmental measurement, reporting
Pollution prevention and waste minimization
Employee training and responsibility
Proactive environmental stewardship
Importance of CommunicationImportance of
CommunicationSolid commitment of top managers
Clear and effective communication to middle-management and other employees
Clearly integrated into all other corporate goals
Employee training on environmental matters
Employee input on stewardship practices
Importance of MeasurementImportance of Measurement
Set clear goals for waste/emissions
Allows industry standard
Environmental Performance Indicators
Materials usedNumber of environmental
accidents
Energy used Product impact during use
CO2Emissions of other air pollutants
Water consumed Expenditure on env. protection
Waste streams Total resource use
Water effluents Environment based liabilities
Percentage of waste recycledPercentage of recycled materials
used
Criticisms of Electricity
Criticisms of Electricity
Air, water, soil pollution
Safety and (nuclear) waste disposal
Health impacts of exposure to EM fields
Greenhouse gas emissions
Opportunities for Improvement
Opportunities for Improvement
Switching to cleaner primary energy sources
Improving efficiency of generation, delivery, and use
Reducing pollution through better control of byproducts
Substituting electrical technologies for those currently using fossil fuels
Beneficial Electrification
Beneficial Electrification
Emerging “electrotechnologies” may prove environmentally cleaner than alternatives
Numerous applications developing over the next twenty years
New business opportunities for sustainable development
Technology Examples
Technology Examples
Industry: Infrared Heating, Electric-arc Furnace, Ultrasound Textile Dyeing
Waste/Water Treatment: Ozonation, Electron-beam Disinfection, Desalination
Medical Waste Treatment: Electropyrolysis, Microwave treatment, Plasma processing
TransportationTransportationElectric vehicles more efficient
Greatly reduces noise pollution
Legislation requires increased production of EV’s within the next few years
Ten times cleaner than the most efficient gasoline-powered car
Electric rail transportation also holds great promise for public transportation
Pollution PreventionPollution
PreventionUse of high volume byproducts in construction applications
Recycling antifreeze via re-distillation and reconstitution
Reducing use of cleaning chemicals and/or processing the chemicals for reuse in other applications
Using contaminated soil in asphalt
Recycling used solvents
Seeking alternative, non-toxic paints and paint removal techniques
Composting bio-fouling waste to reduced volume
Life-Cycle Cost Management
Life-Cycle Cost Management
Base decisions on the costs associated with entire life cycle of materials
Effective waste accounting methodology
Using full-cost accounting to price products according to their total environmental cost
ConclusionsConclusionsElectricity can help achieve sustainable development
Versatility gives electricity distinct advantages
Currently emerging technologies will assist the growth and cleanliness of the industry
Responsibility for electricity providers
Critical AnalysisCritical AnalysisIndustries are changing
What results
Pies in the sky?
Intent of Content
Conclusion
Motivation for Means
Motivation for MeansPhilosophy of Stewardship
Maslow’s Hierarchy of Basic Human Need
Kant’s Uber-corporation
The Almighty Dollar
Dreaming Out LoudDreaming Out LoudSometimes deserves laughing out loud
The end of the rope?
Nobody ever refers to the ‘Ordinary Genius’
What did they say?What did they say?Optimism never hurt
anybody
Put your money where your mouth is
If you shoot from the hip, sometimes you shoot your foot…
Concluding Remarks
Concluding Remarks
Idealistic
Provides Direction and Inspiration
Update for the Times
Stay Focused