Fritz Gautschi is a longtime energy industry executive who authored the 2011 book A Post Fukushima World: America’s New Energy Landscape. In addressing pressing energy issues, Fritz Gautschi maintains a technical focus while providing a primer on how energy is produced (and wasted) within the United States.
One aspect of the equation that Mr. Gautschi details involves the market forces that cause companies to either invest in energy-efficient technologies or avoid such financial outlay. These center on internal rate of return (IRR), which dictates that if incentives to invest in innovative technologies are lacking, investors will seek easy profits in general stocks and bonds.
Mr. Gautschi proposes a number of realistic alternatives to the infrastructure that presently governs the U.S. energy supply. These rely on sensible incentives that encourage money to flow toward long-term projects that take into consideration one major component lacking in IRR calculations: the extreme economic cost of future energy cost surges and disruptions.
One aspect of the equation that Mr. Gautschi details involves the market forces that cause companies to either invest in energy-efficient technologies or avoid such financial outlay. These center on internal rate of return (IRR), which dictates that if incentives to invest in innovative technologies are lacking, investors will seek easy profits in general stocks and bonds.
Mr. Gautschi proposes a number of realistic alternatives to the infrastructure that presently governs the U.S. energy supply. These rely on sensible incentives that encourage money to flow toward long-term projects that take into consideration one major component lacking in IRR calculations: the extreme economic cost of future energy cost surges and disruptions.