POWER January 2014 - 1

Established 1882 * Vol. 158 * No. 1
January 2014
On the cover
The power industry generates power locally but operates within a global market. This truecolor
image shows North and South America as they would appear from space 22,000
miles above the Earth. The image is a combination of data from two satellites. An instrument
aboard NASA's Terra satellite collected the land surface data over 16 days, while a
NOAA satellite produced a snapshot of Earth's clouds. Source: NASA
COVER STORY: 2014 induSTRY fORECaST
20 a Rising Tide of Regulation and the " Kick-the-Can " Gambit
U.S. power generators are bracing for an onslaught of new federal environmental
regulations in 2014, but instead of scrambling to meet new requirements, they
may be faced with months of legal wrangling and extended uncertainty about final
rules.
25 Black & Veatch foresees u.S. and Global Opportunities
Dean Oskvig, president and CEO of Black & Veatch's Energy Business, sees this year's
business outlook improving both globally and in the U.S.
26 How u.S. Power Generators are Preparing for 2014
Our Generating Company Advisory Team (GACT) members, who have agreed to
serve two-year terms and provide strategic input to the editorial team, are seasoned
professionals with an understanding of both plant-level concerns and big-picture
business challenges. They represent a variety of regions, regulatory environments,
generation portfolios, and business types-giving you insight into both situationspecific
and common concerns.
29 Burns & Mcdonnell Sees u.S. Market in Transition While asian Market Grows
Grant Grothen and Block Andrews look at the market drivers both domestically and
in overseas markets experiencing load growth.
32 Europe faces Capacity and Cost Challenges in 2014
The European Union (EU) has long been on the forefront of efforts to reduce greenhouse
gas emissions and transition away from fossil and nuclear generation. It now
faces not only economic consequences and future infrastructure needs resulting from
individual EU country goals but also overcapacity and undercapacity scenarios.
35 day & Zimmermann focuses on flexibility
Michael McMahon, president of Day & Zimmermann ECM, discusses the value for
the industry's future of alliances, partnerships, and workforce development at all
levels.
36 Shale: The Rock That Rocked the World
The U.S. is the first nation to fully enjoy the benefits of accessing shale gas economically,
but it won't be the last. Here's a look at where you're likely to see the earliest
second-wave action.
SPECiaL REPORT: POWER in CHina
41 China's Shale Gas development Outlook and Challenges
As one of the world's largest and fastest-growing energy consumers, China is focusing
on securing new and diverse supplies of energy to maintain a healthy rate of
economic growth and societal development. Though the nation hopes shale gas will
be part of its future, significant challenges need to be met.
25%
20%
15%
10%
5%
0%
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14%
8%
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2006
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January 2014 | POWER
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POWER January 2014

Table of Contents for the Digital Edition of POWER January 2014