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The Power Surge: Energy, Opportunity, and the Battle for America's Future 1st Edition

3.9 3.9 out of 5 stars 65 ratings

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The United States is in the throes of two unfolding energy revolutions, and partisans--convinced that only their side holds the key to American prosperity, security, and safety--are battling over which one should prevail. In The Power Surge, Michael Levi takes readers inside these revolutions. He shows how oil and gas production, after decades in decline, are being propelled upward by new technologies and high prices, prompting enthusiasts to predict an economic renaissance and impending energy independence. On the other side of the fight, he visits eco-startups and manufacturers betting on a new energy future, revealing how more efficient cars and trucks are increasingly dominating the road and costs for renewable energy have plummeted, leading many to herald a starkly different future that moves beyond fossil fuels and saves the planet.

Armed with on-the-ground lessons, and drawing on insights from economics, politics, international relations, and climate science,
The Power Surge takes on the big claims made by both sides in the fight over American energy, explaining why the purists are often wrong. Both unfolding revolutions in American energy offer big opportunities for the country to strengthen its economy, bolster its security, and protect the environment. Levi shows how to seize those with a new strategy that blends the best of old and new energy while avoiding the real dangers that each poses.
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Editorial Reviews

Review

"All revolutions need their storytellers. So it is surprising that America's energy revolution of the past few years has not had a serious scribe before now.... In The Power Surge Michael Levi of the Council on Foreign Relations takes an excellent first stab at making sense of America's new energy resources.... The book's main strength is the clarity with which the author explains the development of shale exploitation and assesses the implications of the shale boom." --The Economist

"An authoritative new book." --
Joe Nocera, New York Times

"The Power Surge is just fabulous." --
Tom Keene, Bloomberg

"Michael Levi's The Power Surge is a welcome relief to melodramatic debates over energy. With a calm voice and an eye for detail, Levi makes the case for a more realistic scenario: renewable energy and fossil fuels are set to share the stage for decades to come.... Levi touches on many ways the energy boom may impact other issues, including climate change, foreign policy and even the dynamics within small communities.... [T]here is a wealth of detail and insights, delivered in a clear prose...." --
Kevin Begos, Associated Press

"Levi... is a smart, pragmatic observer of the energy wars.... He knows how to cut through specious arguments on both sides of the energy-and-climate debate while keeping in target the bigger challenges facing the U.S. and the world... [The Power Surge] is one of the best analyses of the amazing changes taking place in the energy sphere today, touching on everything from fracking to climate change to the Keystone XL pipeline debate." --
Bryan Walsh, Time

"Levi, a senior fellow for energy and environment at the Council on Foreign Relations and one of the country's most pragmatic energy experts, combines a researcher's analytical detachment with a journalist's flair for on-the-ground storytelling to take ordinary readers into the impassioned and often ideologically warped debate over how best to keep the nation -- and the world -- industrious, comfortable, mobile and well lighted...For anyone keen to explore and understand all of the potential combinations and outcomes of our energy wars, The Power Surge provides a compelling and timely primer. " --
Tom Zeller Jr., Huffington Post

"Michael Levi's new book, The Power Surge, is very likely to be one of the best things you'll read about the ongoing oil and gas boom in the United States . . . The book is filled with detailed on-the-ground reporting and carefully reasoned observations about how the oil and gas uptick could have all sorts of unexpected impacts on everything from U.S. foreign policy to climate change to transportation. And it works remarkably well: There were dozens of places that forced me to completely reconsider what I thought I knew about energy markets." --
Brad Plumer, Washington Post

"A boom in oil and gas production, coupled with the sliding cost of renewable energy, offers the United States a chance to curb reliance on foreign fuels and boost economic growth. Levi's book The Power Surge makes a persuasive case that Democrats and Republicans can at least avoid mutual sabotage . . . Appeals for bipartisanship are often quixotic. Levi, however, manages to avoid sounding utopian . . . Levi's myth-busting is exactly what the U.S. energy debate needs." --
Christopher Swann, Reuters

"Recommended . . . [An] engaging and illuminating book." --
David Biello, Scientific American

"A detailed, clear-eyed look at the radical transformations taking place in America's energy landscape, The Power Surge shifts from fracking to the Keystone XL pipeline to the future of renewables with thoughtful analysis and vivid storytelling." --
The Week

"A highly readable account of a complex topic. Abandoning polarization, it opens the door to further scientific conversations to consider the possibilities of consensus on energy development strategies -- a discourse desperately needed if we are to overcome political inertia. Levi demonstrates great breadth of knowledge and engagement with policies." --
Science

"[We] highly recommend picking up The Power Surge." --
Rob Wile, Business Insider

"This book gives you [a] strategy, gives you a game plan, and it gives you critical insights . . . Everybody, I encourage you strongly to buy this book . . . Buy this book. It's awesome." --
Marc Lamont Hill, Huffington Post

"Storytelling and interviews mix with more detailed analysis throughout the book, which helps keep the reader engaged... Levi adeptly unpacks the most widespread claims regarding increased US oil production's economic impacts. [He] maintains a no nonsense, unbiased approach and readily calls out exaggerations made by groups on either side of a given issue... The climate change discussion really excels..."--
Jared Anderson, Breaking Energy

"[A] breakthrough book." --
Perry Smith, Augusta Chronicle

"[A]n illuminating account." --
Reihan Salam, National Review

"It is far from easy to find a specialized, high-quality book, aimed at a particular audience but written in simple language, with a strong journalistic flavor, that is clearly intelligible to the average reader. Yet Michael Levi has written just such a work... Anyone with an interest in this subject, so essential to our lives, would be well-advised to read Levi, since, as Daniel Yergin puts it, he 'captures the turning point in the energy situation in America and the world.' Levi masterfully provides practical examples, linking them to the general trend..." --
Oil

"In The Power Surge, Michael Levi captures the emerging turning point in America's energy situation. Combining thoughtful analysis and balanced independent judgment with vivid on-the-ground reporting, Levi delivers both a timely field guide to today's fervent energy debates and compelling insight into the evolving mix of options that is shaping tomorrow's energy world." --
Daniel Yergin, Pulitzer-Prize winning author of The Quest: Energy, Security, and the Remaking of the Modern World and of The Prize

"Michael Levi has given us a rare gift: a sensible, substantive book that is so well-written it's fun to read. The Power Surge argues persuasively that we must move beyond false choices between clean energy and traditional fuels, and instead aggressively pursue both in new ways. And along the way, it introduces colorful characters and rigorously examines why our energy future is crucial to our economic one. With this book, Levi cements his growing reputation as one of the nation's leading thinkers on energy."--
Peter Orszag, Vice-Chairman, Citigroup and former Director of the Office of Management and Budget

"The Power Surge packs big ideas into a concise and illuminating package to make a powerfully persuasive case for America's embracing an all-of-the above energy future. Michael Levi cuts through vast barriers of suspicion and ideology to find common interests where the stakeholders do not. The shale gas boom and renewables revolution together promise a U.S. energy trifecta, for the economy, security, and the environment, a future that offers new reasons for Americans to unite."--
William K. Reilly, former U.S. Environmental Protection Agency Administrator and co-chair of the President's BP Gulf of Mexico Oil Spill Commission

"Energy will energize our economy and our political debates over the next few years as never before. Michael Levi's important book should be carefully considered by anyone who cares about our energy future and that means anyone who cares about our economic future."--
Lawrence H. Summers, Charles W. Eliot University Professor and President Emeritus, Harvard University, and former Secretary of the Treasury

"The Power Surge is a sweeping account and incisive examination of today's profound global energy developments and the inextricably related political and environmental challenges."--
Frederick W. Smith, Chairman & CEO, FedEx Corporation

"[P]acked with perspective . . . Readers seeking to understand America's energy policies and prospects will welcome this even-handed, smart, and accessible book on a topic of incomparable economic importance." --
Publishers Weekly

"Calm, reasoned and balanced, presenting arguments and evidence, not wish lists and beliefs." --
Kirkus Reviews

Book Description

A leading energy expert offers a penetrating look at the changes sweeping American energy, illuminating the opportunities, dangers, and difficult decisions ahead.

Product details

  • ASIN ‏ : ‎ 0199986169
  • Publisher ‏ : ‎ Oxford University Press; 1st edition (April 30, 2013)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 272 pages
  • ISBN-10 ‏ : ‎ 9780199986163
  • ISBN-13 ‏ : ‎ 978-0199986163
  • Item Weight ‏ : ‎ 1.1 pounds
  • Dimensions ‏ : ‎ 9.3 x 1.2 x 6.4 inches
  • Customer Reviews:
    3.9 3.9 out of 5 stars 65 ratings

About the author

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Michael A. Levi
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Michael Levi is a former Special Assistant to President Obama for energy and economic policy at the White House National Economic Council. He was previously the David M. Rubenstein senior fellow for energy and the environment at the Council on Foreign Relations (CFR) and director of CFR's Maurice R. Greenberg Center for Geoeconomic Studies. The author of four books and an authority on energy, resources, climate, arms control, and terrorism, his writing has been published in the New York Times, Wall Street Journal, Foreign Affairs, Wired, Nature, and Scientific American. Levi previously wrote a monthly online column for the New Republic, and was a technical consultant to the critically acclaimed television drama 24. Levi holds degrees in mathematical physics and in war studies. He lives in New York.

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3.9 out of 5 stars
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Customers say

Customers find the book informative and well-written. They appreciate the author's objective approach to laying out the wide variety of energy issues and making difficult concepts easier to understand. The book is described as an entertaining, well-researched read that provides balanced analysis of energy and the environment.

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25 customers mention "Information quality"25 positive0 negative

Customers find the book informative and well-written. They say it covers all sides of the issues, providing a good overview of the US energy scenario. The author makes difficult concepts in energy easier to understand.

"...This book fits the bill. The author covers all sides of the issues using a mix of narrative and analysis...." Read more

"...despite the repetition of certain economic ideas the book is helpful as an overview of what policy makers should think about when considering energy..." Read more

"Informative and reasonably well written." Read more

"...He addresses two energy communities, renewables, and fossil fuel that exist in America today...." Read more

14 customers mention "Readability"14 positive0 negative

Customers find the book easy to read. They appreciate the balanced and thorough reading on energy and the environment. The author's clear writing style makes the concepts easier to understand. The book is divided into 8 concise chapters that are straightforward to follow.

"...This approach makes the book entertaining to read and makes hard concepts in energy easier to understand...." Read more

"...The book is split into 8 chapters, each concise and straightforward to read...." Read more

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"...Well done book...." Read more

Top reviews from the United States

  • Reviewed in the United States on May 6, 2013
    I'm not especially interested in energy, but I am interested in politics and the economy, and I read about energy all the time in the news. I had been looking for a book that would help me make sense of energy issues, and that seems to not be too biased. This book fits the bill. The author covers all sides of the issues using a mix of narrative and analysis. This approach makes the book entertaining to read and makes hard concepts in energy easier to understand. I learned a lot of counter-intutive things about natural gas and green energy, the two big currents revolutionizing the American energy industry. This book made me reevaluate a lot that I thought I understood about energy, and I'll be recommending this book to friends and colleagues.
    5 people found this helpful
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  • Reviewed in the United States on August 10, 2013
    The Power Surge is a discussion of the current state of energy, policy and paths we should think about for the future. It predominantly focuses on the US but has aspects of global energy policy as much energy policy is dependent on global coordination. The book is split into 8 chapters, each concise and straightforward to read.

    The book starts with discussing aspects of the shale gas industry and then goes into an overview of the energy industry including paths for oil and gas consumption as well as the space of alternative energy. He discusses the divide in approach across the nation for those focusing on fossil vs those focusing on green energy. The author then reminds the reader that this is not the first time this debate arose and it started with the oil shocks of the 70s. The book moves on to focusing on shale gas and the issues concerning community and economy, it discusses some of the political aspects of energy and includes the Russian political move of shutting down natural gas pipelines in 2009 and the reminder of the importance of energy policy and dependency. It discusses the technological limitations of natural gas for running automotive fleets as well. One gets a sense of the pros and cons of shale gas as well as a framework to think about how to balance differing interests. The book moves on to energy independence and starts historically by discussing the oil shocks in the 70s and how energy independence was first focused on then. It discusses all the forms of oil available- in Alaska, offshore and in the oil sands. It gives estimates of how much each of these could add to yearly output. It also discusses economics and how the supply and demand side of oil can function, the impacts of cartels and the breakdown in oligopoly pricing in declining pricing environments. It also discusses the flawed thinking of sufficiency in open markets with elastic supply sides abroad. The book moves on to discussing climate change and various thoughts about the risks of global warming and the greenhouse gas concentrations that are currently considered dangerous thresholds. It discusses the uncertainty in all of these estimates. The author then focuses on the changing nature of the auto industry. It uses BYD to discuss the difficulty in electric cars but discusses how fuel efficiency standards have been instrumental in reducing oil dependency. Price has been a large driver of this and the author again uses basic economic logic to discuss how higher oil prices change the duration of usage needed to legitimize from a pure price perspective the benefit of using more fuel efficient cars. It goes through the history of alternative energy and hybrid cars. It discusses how infrastructure or lack thereof for alternatives is a reason for difficulty in scalability. The author then discusses alternative energy sources like wind and solar and some of the limitations and benefits. Not having storage for dealing with the cyclicality of the energy source is a big detriment. The subsidies for some energy sources create perverse incentives to sell electricity below 0 as the net profit is still positive post the subsidy. The author then discusses some geopolitics focusing on the strategic importance of the energy industry and the tail event probability of aggressive action escalation. It is just an overall warning of the nature of energy politics. The author ends with policy thoughts on how to balance all of the diverse options policy makers have and the way to balance and diversify.

    The Power Surge is a good overview of energy as an industry, the economics as well as the politics of it. It is fairly simple in its arguments and very easy to digest. I think it states clearly what issues are to be considered and many of the view points surrounding the issues. My only criticism is some of the discussion is very base level and overly discusses the iterative natures of lower prices motivating demand which raises prices which motivates supply etc... The first time such an argument is discussed i guess it can be helpful but thereafter the mechanics don't need to be repeated. But all in all despite the repetition of certain economic ideas the book is helpful as an overview of what policy makers should think about when considering energy policy, which is among the most important for our modern day political economy.
    One person found this helpful
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  • Reviewed in the United States on November 23, 2014
    Informative and reasonably well written.
    One person found this helpful
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  • Reviewed in the United States on November 28, 2013
    Michael tries to take a balanced and analytical look at the opportunities and threats inherent in pursuing different energy development strategies. He honestly added the limitations in the renewables like wind and solar and the new opportunities to expand oil and based on the new technologies of tracking and cleaner use. The one huge gap in his analysis though his his total assumption that the climate models predicting global warming effect of greenhouse gases are accurate and reliable. There is increasing temperature data evidence that the reinforcing mechanisms assumed in the climate models are exaggerated. 17 years of flat global temperatures has environmental scientists scrambling to explain where all the heat increase the models predict cannot be found. After 17 years of flat temperature data we are at the extreme minimum of the temperature predictions of the models. Any more years of flat temperature growth and we will be completely out of the range of minimum temperature predictions by the models. Net net if these models over predict climate sensitivity to greenhouse gases then all Michaels analysis about the advantages of renewable development through subsidy would need to be revised dramatically downward.
    4 people found this helpful
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Top reviews from other countries

  • Liam Kelleher
    4.0 out of 5 stars A fantastic collation of information....if not entirely groundbreaking
    Reviewed in the United Kingdom on February 25, 2015
    Michael Levi states in his acknowledgements that he wrote this book simply as he failed to find any other like it - one that encompasses a broad array of information on energy including economic and environmental challenges. He may be correct that not many exist like his, which essentially covers every aspect of energy and climate change - coal, shale gas/oil,wind, solar, geoengineering, biofuels, electric cars etc. In the Power Suege, Levi certainly does a fine job of providing 2-5 page snippets of the key issues and indeed key facts with well balanced points about the advantages and disadvantages of each source. Each snippet is usually complete with an anecdotal story to make the book very readable indeed.

    The only issue with covering such a vast amount of information in what is a relatively small book (222 pages of medium to large font) is that the information provided on each issue is representative of the key points which a well read person in the area of energy may already be aware of. Examples include the issues with facility companies potentially going bankrupt with solar power and therefore no one to pay the upkeep of the grid and then what happens when the sun doesn't shine/wind doesn't blow. Or what Carbon Capture Storage is etc. The potential of Tesla Motors.

    Ultimately the book doesn't really have any conclusions other than we need to be less pig headed about the advantages of each energy source and have a diversified portfolio of energy supply.

    However this is still an excellent book with heaps of facts and information which is sure to be of useful addition to the arsenal of an energy aficionado. Recommended.