Coal, Nuclear, Natural gas, Oil, or Renewable: Which Type pf power plant should
ID: 452180 • Letter: C
Question
Coal, Nuclear, Natural gas, Oil, or Renewable: Which Type pf power plant should we build?
It was January 2008 and Bill Waterford had just finished a presentation to citizens for the environment, a local advocacy group. During the question and answer session, a member of the audience stood up, loudly stated the neither Waterford nor his company, PoweCo, had any concern whatsoever about the environment, and then abruptly walked out. Waterford felt his face flush hot. His anger lingered as a bad aftertaste even after the group’s president come forward and apologized for the person’s hot-headed comment. Waterford knew he and his fellow managers were very concerned about the environment- after all they lived on the same planet and had families and kids- but people and businesses needed electricity, and shareholders expected profits and dividends. For the first time, his company’s planning efforts involved significant stakeholder discussion and involvement. During 2007, Waterford’s team conducted more than two dozen meetings with organization that include consumer advocates, representatives who served low-income customers, advocates for large business interests, environmental activists and local and state government officials. Nearly 200 citizens had attended these meeting and offered comments. It was up to Waterford to combine this diverse set of inputs and his knowledge of power generating options into an integrated resource plan (IRP). The IRP was a planning tool used by electric utilities to evaluate the many different options for meeting future electricity demands.
Integrated resource planning, originally mandated by the Energy Policy Act of 1992, and then replaced by semi-annual presentations by the end of 199s, had come back into favor. The IRP was increasingly viewed as the way to logically analyze and plan for future utility investment. Nearly half of all states, including the one in which PowerCo resided, required formal IRPs. The IRP was seen as means to provide the public with safe and reliable energy services at a reasonable rate and in a way that served the public interest while satisfying the many regulations by local, state, and federal authorities. Integrated resource planning followed a classic process of carefully exploring all options, entering into discussions with stakeholders, and developing decision model that applied probabilities to all of the sensitive, uncertain factors for all plausible alternatives.
Waterford was a senior vice president at PowerCo, a utility that generated electricity and distributed it to over one million residential and industrial customers in the central part of the U.S.A a utility, PowerCo was responsible for electricity generation and the grid on which the electricity flowed. PoweCo was typical of utilities in the region in that they used a mix of technologies. PowerCo used low-polluting energy sources including hydroelectric and a small amount of wind energy, and was in the process of adding 100 megawatts of wind capacity to meet growing demand. The firm had safely operated a nuclear powe and serval coal and natural gas- fired power plants for decades.
Based on this information above answer the question and give explanation for your answer:
1- Identify stakeholders and their basic interests related to power generation?
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Explanation / Answer
Stakeholder is an individual who got anything to profit or loss by the reults of a outlining method,programme or some project.Stakeholder management is necessary stakeholder bonding management as it is the relationship or bonding and notthe real stakeholder number of people taht are handled.The stakeholder perception has manage boundless popularity around academician,plan creaters,the media and corporate senior managers.Easy refers to those stakeholders whose difficulty,wants and interests are main for an organization.