This document provides a summary of recent events and emerging trends in the energy industry. It discusses the following key points:
- Low natural gas prices are challenging the economics of coal and renewable energy sources while increasing interest in natural gas vehicles. As gas-fired generation grows, coordination between the gas and power industries will become more important.
- Environmental regulations on emissions are being finalized and deadlines for compliance are approaching, forcing the electric industry to adjust generation plans.
- After Fukushima, the nuclear industry is working to strengthen safety programs while regulators use incentives to improve pipeline and distribution safety.
- Smart grid initiatives are facing some pushback from customers and regulators concerned with costs, privacy and security issues.