Data in the u. S. Is bouncing back. Factory orders coming through stronger than anticipated and we are up 6. 4 versus 6. 2 last time. And it is actually a little bit softer than last time. 11. 4, that isat stronger than anticipated. And transportation is a stronger than last time. Orders,tal goods nondefense, 1. 9, bang in line with expectations. Ookare going to get the b a little bit later on. That will give us a good idea about what is happening for the back into july into august backend of july into august. We will carry on the conversation about what is happening in the markets. We have great guests coming up. This hour, we will speak to the ceo of lands end. They have a big digital presence. Have. Ffect they will we will talk with Jerome Griffith about that. And for more on what is markets we have Brian Weinstein from morgan stanley. This talk about what is happening broadly right now. Youre in fixed income guide, you are watching what is happening broadly in these markets, what d
So we want to thank you all you have done at the department. And at this point for your willingness to step up in a higher capacity. We have our colleagues here this evening texas and louisiana are well represented. Mister deputy secretary you should feel verydu welcome by having these gentlemenmp next to you. We will start with senator cassidy followed by senators cruz and senator kennedy to introduce deputy secretary this morning. Would like to proceed we do have a full complement here this morning and a full house behind you so the introductions do not consume the full morning but we do welcome all the good comments s comments. What a wonderful way to tell me to be brief. [laughter] its a privilegege to represent my friend Dan Brouillette eminently qualified as United States leads the world in all sorts of energy. He shared a longer showed a commitment to Energy Security and understands the importance of us Energy Exports to lower Greenhouse Gas emissions abroad. Committed to innova
He currently is serving as the deputy secretary of energy, and i am certainly one who believes that you have done an excellent job as second in command to secretary perry. So we welcome you back to the committee. Its good to have discussion with you last week. I want to thank you really want to thank you for all youve done at the department, for your willingness to serve to this point, and for your willingness to step up in this new and higher capacity. Weve got our colleagues here this morning to introduce the deputy secretary, both texas and louisiana are well represented. Mr. Deputy secretary, you should feel very welcome by having these gentlemen next to you. So we will start with senator cassidy up here at the dais followed by senators cruz and kennedy to introduce the deputy secretary this morning. So senator cassidy, if you would like to proceed. We do have a full complement here this morning and a full house behind you. Hopefully the introductions do not consume our full mornin
The meeting will come to order. Today we we are here to discuss the opportunities that the recent challenges to say that the growth in demand for electric power in united the United States. And thats a trip over to demand for electricity grew steadily along with our economy. In the decades following implementation of the north american freetrade agreement which is in 1990 and electricity demand growth fell by nearly 45 . 45 . For the past two decades electrical demand for load has been flat across the country. We are here today because that era appears to be coming to an end rapidly. But thats the growth in Domestic Technology and manufacturing sectors utilities and gridan experts across the country telling us electricity demand is truly remarkable growth. Meeting this demand growth may provide to be one of the greatest challenges we will face an will face in also inn opportunities for the toy First Century for citizens. Our defense and security but i wanten to thank our witnesses on w
Cspan, 45 years and counting, powered by cable. The Senate Energy and Natural Resources Committee Held a hearing on the challenges associated with growing demand for electric power in the United States. The witnesses outlined the potential cost and security risks of retiring natural gas plants too soon and called for a balanced approach that included nuclear and Renewable Energy sources. This runs an hour and 45 minutes. Today we ask you to discuss the risk of opportunities. In the halfcentury after world war ii, demand for electricity grew along with our economy, but in the decade following, the implementation of the freetrade agreement, which was in the 1990s, annual electricity demand growth fell by nearly 45 . 45 . For the past two decades, the demand and load has been flat across the country. We are here today because that appears to be coming to an end rapidly. With exponential growth, utility and grid experts are telling us that it is poised for truly remarkable growth. Meeting