Abstract :
"There are no short-range shortcuts to plentiful energy supplies." So says Thomas H. Lee, newly inaugurated president of IEEE\´s Power Engineering Society. But the fact that Dr. Lee views the fuel/energy shortage as a problem likely to continue to plague us for a long time to come does not imply pessimism in his nature. Rather, he sees himself as a realist who believes that technological progress is achieved one step at a time, and that dramatic technological breakthroughs will offer no facile panaceas to the consequences of expanding populations and industrial economies.