Articles by Sean Casten
Sean Casten is president & CEO of Recycled Energy Development, LLC, a company devoted to profitably reducing greenhouse emissions.
All Articles
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ComEd offers Illinois $500M in exchange for guaranteed profits
The gaul of this is hard to put to words. Commonwealth Edison, one of Illinois’ regulated utilities is seeking to take advantage of the state’s budget crisis by offering the state $500 million in exchange for a guarantee of the utility’s future profits. If there’s a better case to be made that a regulated utility […]
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Duke seeks approval for expensive coal
More breaking news from the Coal Isn’t Cheap department. Duke Energy reports that the new 620 MW coal plant they are building in Indiana is now expected to cost $2.9 billion, or 23 percent more than they last estimated in November. It’s worth always taking the time to do some math whenever these type of […]
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Without major capital investments, this generation of Americans will short change the next
From 1980 to 2007, total U.S. electricity consumption increased by a factor of 1.8, but total generation capacity increased by only 1.7 times. In other words, demand out-grew supply. For a while, that was fine — we had more toys than we needed, and real power prices declined for two decades as we made better […]
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Dumb grids
The smart grid conversation is stupid. Policies to encourage smart grids are at best minor distractions, and at worst contrary to the public interest. Smart grids are also the key to cleaning up and modernizing the electric system. These sentences are not in conflict with one another. The smart grid is the cart, not the […]