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Sustainable Electricity II

A Conversation on Tradeoffs

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  • © 2019

Overview

  • Realities of power company choices, regulatory boundaries, and stakeholder approvals
  • Expectations of the responsible investor, environmental advocate, and Silicon Valley companies including Google, Facebook, and Stanford University
  • Surprising stories show how creativity, innovation, and planning can resolve some of the toughest choices facing electric power companies today, although not in all cases

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Table of contents (12 chapters)

Keywords

About this book

  • Realities of power company choices, regulatory boundaries, and stakeholder approvals.
  • Expectations of the responsible investor, environmental advocate, and Silicon Valley companies including Google, Facebook, and Stanford University.
  • Surprising stories show how creativity, innovation, and planning can resolve some of the toughest choices facing electric power companies today, although not in all cases.

Building on the first volume, Sustainable Electricity: Case Studies from Electric Power Companies in North America (Fox, 2016. Springer), this book dives headfirst into the economic, environmental, and social tradeoffs power companies face as they strive to be sustainable.  With more than 40 contributing experts, chapters include first-hand power company stories, case studies of leading Silicon Valley organizations; socially responsible investor contemplations; environmental advocacy arguments; and regulatory realities.  The book provides a window into the choices companies make, the tradeoffs stakeholders accept, and the bottom line that comes with producing sustainable electricity.  It will be an important resource that will accelerate collective thoughts on what ‘sustainable electricity’ means and what needs to be considered when the “everyone wins” outcome is elusive. 

“People have been able to fish, hike, camp and boat on a beautiful AEP property that supports recreational activities for many years. Now AEP has to generate income from this property. Do we build roads and drill to extract the natural gas? Do we sell the timber and keep the property? Do we sell the whole thing? What about the fish, deer and other wildlife? Tradeoffs will be made, and not everyone will like them.” 

Tim W. Lohner, Ph.D., Environmental Specialist, American Electric Power.  (Chapter 3)

“Companies are demanding access to clean energy and investors are pressing companies to source 100% renewable. It is essential that utilities develop a comprehensive strategy to reduce climate impact, and clearly articulate the plan and their progress. Customers and investors want to see this progress, and utilities need to develop the right model for their particular business.”

John Streur, CEO, Calvert Research & Management (Chapter 4)

 “At Chevron, we are continually examining the tradeoffs as we work to improve our energy efficiency and reduce our environmental footprint. The complexity of our global, shared challenge to electrify the world without undue compromise to the integrity of our planet is one that will require global action. The experiences and perspectives detailed in this book are important to understand as we collectively work towards a sustainable energy future. The one billion plus are counting on us.”

Kirsten S. Thorne, Global Issues and Public Policy Manager, Chevron (Forward)

Editors and Affiliations

  • Electric Power Research Institute, Palo Alto, USA

    Jessica Fox

  • Electric Power Research Institute, Washington, DC, USA

    Morgan Scott

About the editors

Jessica Fox, EPRI

Fox is a Senior Program Manager at the Electric Power Research Institute (EPRI), where she manages EPRI’s $15 million Water & Ecosystems research area.  She is an expert in environmental markets and “credit stacking,” ecosystem services, and corporate sustainability. Fox created the EPRI Ohio River Basin Water Quality Trading Project, which is the world’s first interstate trading program for nutrients and won the United States Water Prize in 2015. Fox led EPRI’s Energy Sustainability Interest Group from 2011 through 2016 to become the largest collaborative forum in the industry to strategically advance critical issues related to the sustainable generation and distribution of electricity, including consensus by 45 utilities on sustainability metrics to use to benchmark their companies’ performance. Fox launched EPRI’s internal corporate social responsibility program in 2016 under EPRI’s Chief Sustainability Officer and CEO, with oversight from EPRI’s Board of Directors. In 2017, Fox was recognized as 'Top Innovator' (The Fantastic Forty) by Public Utilities Fortnightly.  In 2018, Fox launched the Power-in-Pollinators Initiative, which is set to be the largest effort in North America focused specifically on pollinator conservation at electric power companies.  Her projects have been covered by the Wall Street Journal, The Economist, National Public Radio, Bloomberg, and others. She is a trained meeting facilitator and conflict resolution mediator, a member of the United States Ecological Society of America, and a Certified Habitat Steward by the National Wildlife Federation.  Prior to EPRI, she worked as a molecular biologist leading conservation genetics projects on dragonflies in Costa Rica, at Stanford University sequencing and mapping the human genome, and as a manager at a biotech company developing DNA analysis technologies.  She has a Bachelor’s of Science degree from the University of California, Davis, and a Master’s of Science degree from Stanford University.

Morgan Scott, EPRI

Scott is a Senior Sustainability Technical Lead at the Electric Power Research Institute (EPRI). In this role, Scott leads EPRI’s growing portfolio of sustainability research, focused on developing the tools and resources electric power companies can use to establish and enhance their sustainability programs as well as embed a triple bottom line mindset into their long-range planning. Scott manages EPRI’s Strategic Sustainability Science program, Energy Sustainability Interest Group, and Sustainability Benchmarking for Utilities project in collaboration with over 45 electric utilities throughout North America. Prior to joining EPRI, Scott held positions of increasing responsibility at Consolidated Edison Company of New York, culminating with her role as their Sustainability Manager responsible for the company’s sustainability strategy and associated initiatives. Scott received a Bachelor of Science degree in Business Administration from Wagner College and a Master of Science degree in Sustainability Management from Columbia University.


Bibliographic Information

  • Book Title: Sustainable Electricity II

  • Book Subtitle: A Conversation on Tradeoffs

  • Editors: Jessica Fox, Morgan Scott

  • DOI: https://doi.org/10.1007/978-3-319-95696-1

  • Publisher: Springer Cham

  • eBook Packages: Energy, Energy (R0)

  • Copyright Information: Springer International Publishing AG, part of Springer Nature 2019

  • Hardcover ISBN: 978-3-319-95695-4Published: 01 November 2018

  • Softcover ISBN: 978-3-030-07084-7Published: 02 February 2019

  • eBook ISBN: 978-3-319-95696-1Published: 22 October 2018

  • Edition Number: 1

  • Number of Pages: XX, 241

  • Number of Illustrations: 1 b/w illustrations, 81 illustrations in colour

  • Topics: Energy Policy, Economics and Management, Renewable and Green Energy, Sustainable Development, Business Ethics

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