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  • Smart Grid – Ready for the Dictionary?

    Lexicographers record when and how often a new word or phrase in used in the print media to identify when new words enter the language. This week millions of readers of The Economist have been introduced to a phrase that is already very familiar to us at NEMA – “Smart Grid”. In the magazine’s Special...
  • Leaning and REACHing Too Far

    This morning's Washington Post features a front-pager (so far left on the front page that it almost falls off) that fails to explain the real thrust of the European Union's new regulations on chemical safety and implies that U.S. authorities and industry fail to protect us from toxic materials...
  • Scoping the Smart Grid

    What can you do with 150 smart power systems people gathered in a room? If there aren't any light bulbs that need to be changed, they just might assemble a few innovative metrics to guage progress on the smart grid. I attended the Department of Energy's Smart Grid Implementation Workshop, held...
  • Competing to Survive

    I have never been confused with an economist, but one of my jobs here at NEMA is to assist companies who are interested in selling their equipment abroad. So something I read yesterday struck me. In an AP story about U.S. consumer confidence hitting new lows, an economist for one of the major banks ...
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  • Two Peas in a Pod?

    Writing in the WSJ yesterday (subscription req'd), Karl Rove takes both major party presidential nominees to task for their frequent aversion to the notion that a free society should allow market mechanisms to appropriately allocate its scarce resources. A particular target of the candidates is the...
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  • In Tim Russert’s Memory

    On Friday June 13 the sad news of Tim Russert’s passing reached me. As everyone else, I liked Tim – an extraordinarily nice man, a great journalist. Sundays will never be the same without Tim on Meet the Press! In a couple of days the talk turned to the question that occurred to me immediately: why?...
  • Asleep at the Helm?

    After offering some tough talk on inflation and the dollar only a couple of weeks prior, Ben Bernanke & Co. (save for FOMC member Fisher) punted again this week on interest rates, on the rationale that growth remains weak and that "inflation is expected to moderate later this year and next year...
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  • You Won't Know How Much You Love Me 'Till I'm Gone

    Last Tuesday’s (6/17) Financial Times featured some articles that struck common electrical cords: • A special section on South Africa highlighted an unsettling wave of power outages there in recent months, triggered by the long-standing government policy of not investing in infrastructure so as to avoid...
  • Electrical Deregulation is good only if prices go down

    As reported recently in the Washington Times , the District, Maryland, New Jersey, Pennsylvania and Delaware have filed a complaint with the Federal Energy Regulatory Commission (FERC) against PJM Interconnect arguing that electricity auctions resulted in unreasonably inflated prices. The complaint relates...
  • Imitation is the Greatest Form of Flattery

    One reason I enjoy receiving complimentary copies of the magazine put out by our German counterpart association, ZVEI, is that it’s always amusing to see what new English expressions appear. The May 15 issue, for example, features titles with “Compliance-Management”, “Smart Metering”, “Roadshow”, “Highlight...
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