In this lesson, our final lesson of the course, we took a look at some of the issues facing one of the most important sources of energy used in our everyday lives, electricity. We examined the economic fundamentals behind various parts of the electricity value chain. We looked at the supply and demand aspects of the market. We then looked at some of the forces that are likely to shape the changes that are expected in this industry over the next ten years:
- The challenge to coal fired generation coming from a collection of new environmental regulations.
- The regulatory efforts to incentivize the creation and use of more renewable energy sources for electricity generation.
- The future of nuclear power in the wake of the recent Japanese nuclear accident.
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