Failure to Act

Infrastructure investing has been a hot business sector for several years against a background of swift economic development in the emerging world and efforts by developed-world governments to limit the impacts of a grinding recession, energy infrastructure investment has continued to lag needs.

While investing in water or transportation infrastructure has links to energy both in the way deals are structured and in how the actual assets impact each other, energy infrastructure has some key differences, highlighted by the American Society of Civil Engineers in its recent report on Investment Trends in Electricity Infrastructure. Keep reading →

Anyone who thought economics was the dismal science should try civil engineering.

Despite more than a quarter of a trillion dollars in investment from 2001 to 2010 the US is still facing an enormous shortfall in electricity infrastructure. That decade was marked by higher spending on reliability in the years that followed the high-profile California blackouts and were interrupted by an equally notable New York City blackout. Keep reading →