IEEE Power & Energy Magazine - July/August 2015 - 4

from the editor

Mel Olken

facing new paradigms
changes abound in the worldwide power sector

O

OUR GUEST EDITOR HUGH
Rudnick, who proposed the issue's
theme to the IEEE Power & Energy
Magazine's Editorial Board at its 2014
meeting, begins his introductory column by pointing out that we are facing new paradigms in the worldwide
power sector. These paradigms affect
every aspect of the system, including the technologies that exist today
coupled with environmental factors,
renewables, demand response, and
regulatory concerns, among others. The
challenges are global, but the responses
from around the globe reflect conditions
that are present-as well as anticipated-
in different parts of the world. As a result,
there is a crying need for innovation to
create logical, workable electricity markets directed toward specific needs and
requirements.

A Critical Global Subject
The issue's six feature articles focus
both on overall surveys of the landscape and on specific areas. We offer
views of what is ongoing and planned
in the European Union, Australia,
Great Britain, and California, in addition to an overview of challenges faced
and an article focused on issues related
to distribution pricing and smart grid
applications. The feature articles are
introduced in detail in the "Guest Editorial" column.
Hugh, who has been a stalwart contributor and supporter of our publication, has produced an informative issue with global coverage of a critical
Digital Object Identifier 10.1109/MPE.2015.2423212
Date of publication: 25 June 2015

4	

ieee power & energy magazine	

of president-elect (Erich Gunther,
Bruno Meyer, and Saifur Rahman)
and two qualified candidates for
each of the positions of secretary
(Jessica Bian and Henry Louie) and
treasurer (Juan Carlos Miguez and
Christopher Root). The column will
introduce each of the candidates
with photos, biographies, and candidate statements. Given the importance of these elections, this col©digital stock
umn is also required reading for all
subject. Hugh, thank you once again PES members.
for this contribution.

Required Reading
for Members
Our issue's "Leader's Corner" column,
authored by Society and technical council leaders, is of great importance to the
future of the IEEE Power & Energy
Society (PES). It represents the second
part of the reorganization plans directed
at realigning the PES technical committee structure to reflect today's electric power industry and the emerging
technologies that have arisen and are
foreseen. These subjects will be a point
of discussion at the upcoming General
Meeting, where member input will be
sought and talked about. Also included in the column is a timetable with
deadlines to help us reach these goals.
This column is required reading for
all PES members.
"Society News" focuses on the
forthcoming PES elections where we
will be selecting our 2016-2017 PES
officers. The elections, commencing
in August, will be contested by three
qualified candidates for the position

Surveying the Past,
Looking to the Future

An unusual (for IEEE Power & Energy
Magazine) "History" column is offered
this issue. The subject is the evolution of
the loss of load probability (LOLP) index that has been a industry standard for
the past 50 years, beginning with a bibliography presented by Roy Billinton at
the 1966 Winter Power Meeting in New
York City. The column, written by Billington and Kelvin Chu and edited and
introduced by History Editor Carl Sulzberger, offers multiple references and
concludes with pertinent supplementary
commentary as background.
In his guest editorial, Hugh Rudnick has introduced the closing "In My
View" column. But allow me to also
offer some brief commentary about a
piece that offers cogent arguments for
the imposition of market-driven emission taxes. I hope that you make certain
to read this column, and I look forward
to reader commentary.
p&e


july/august 2015



Table of Contents for the Digital Edition of IEEE Power & Energy Magazine - July/August 2015

IEEE Power & Energy Magazine - July/August 2015 - Cover1
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IEEE Power & Energy Magazine - July/August 2015 - Cover3
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