Capacity and conservation pivotal to solving Maryland’s energy crisis

Maryland faces a growing energy crisis, GBC leaders warned at the organization’s annual meeting on May 7. The state’s power infrastructure is aging and demand for electricity in Maryland is increasing eight times faster than its generating capacity. Maryland currently imports more than 25 percent of electricity sold to...

GBC prods state for strategy on transportation and energy infrastructure

The Greater Baltimore Committee is calling for state lawmakers to stop reaching for political “quick fixes” in dealing with Maryland’s two top infrastructure challenges — transportation and energy. Instead, the state’s elected leaders must develop and follow through on long-term strategies to address Maryland’s $40 billion backlog of unfunded transportation projects and to build electricity transmission and generation resources to meet increasing demand, GBC Chairman Atwood “Woody” Collins III said … Continue reading

GBC’s Fry: Our energy future will be shaped by conservation

Don Fry Commentary on WYPR Now that Marylanders have endured the painful adjustment from paying artificially low, regulated rates for electricity to paying market rates, what’s in store for our energy future? In a word – conservation. That’s the consensus of experts who addressed a recent Greater Baltimore Committee Business Outlook conference on energy. The coming decades will be characterized by growing customer motivation to conserve energy, the experts agreed. … Continue reading

GBC receives national recognition on Energy Policy TV

The Greater Baltimore Committee’s Business Outlook Conference on energy was published on a national Web site, Energy Policy TV. Energy Policy TV provides information of record in the form of on-demand video from leaders in energy and the environment as they make policy and take business action. The GBC’s 23-minute on-demand video can be viewed on the Web site. Energy industry experts discussed growing demand and more conservation in Maryland’s … Continue reading

Experts to GBC: ‘Growing demand, more conservation in Maryland’s energy future’

For the electric power industry, the next three decades will be characterized by significantly increasing demand, new generating plant construction, stronger environmental regulations, and a growing customer motivation to conserve. That’s the message delivered to GBC members by energy industry experts at the GBC’s Business Outlook Conference 2008 on October 29. “Our industry is entering the most significant building phase in its history,” William Brier, vice president of public policy … Continue reading

GBC Business Outlook Conference energy preview: Solar power

Solar power is a clean, renewable energy that is an effective supplement for existing power sources and ideal for harnessing electricity in remote locations, according to its advocates. Solar energy, or photovoltaics, is an abundant renewable resource that produces no pollutants or greenhouse gas emissions. According to the United States Environmental Protection Agency, using solar power to supply a million homes with energy would reduce CO2 emissions by 4.3 million … Continue reading

GBC Business Outlook Conference energy preview: Hydropower

Hydropower is a proven technology for electricity production, capable of generating large amounts of renewable energy with no CO2 emissions, according to its proponents. Hydropower represents the world’s single largest and most well established source of renewable energy, supplying nearly one-fifth of the world’s electricity, according to the U.S. Hydropower Council for International Development. More than 20,000 MW of new hydro capacity is being installed each year. According to the … Continue reading

GBC Business Outlook Conference energy preview: Nuclear energy

Nuclear energy is one of the most efficient ways to generate electricity in the United States, according to its advocates. Nuclear power emits no carbon dioxide or other greenhouse gases and has the potential to produce expanded supplies of clean electricity on a global scale. The natural resource for nuclear energy, uranium, is found in large quantities throughout the world, and has the ability to produce sustainable electricity at a … Continue reading

GBC Business Outlook Conference energy preview: Wind power

Wind power is one of the cleanest ways to generate electricity, according to its advocates. Wind emits no pollution or toxins and is one of Earth’s most abundant resources, making it a viable alternative to fossil fuels. A recent study by the American Wind Energy Association (AWEA) found that state-of-the-art wind power plants can generate electricity for less than 5 cents/kWh; a price that is competitive with new coal and … Continue reading

Shell’s Hofmeister: U.S. energy security will still depend on oil and gas

While a wide variety of alternative energy sources are being pursued by oil companies and others in the United States, “real energy security” will depend predominantly on oil and gas in the foreseeable future, Shell Oil Company President John Hofmeister told the GBC board at its November 10 meeting. Hofmeister attended the GBC board meeting and, later that day, delivered a speech at a luncheon hosted by the GBC and … Continue reading