The United States has allowed itself to fall behind in nuclear power technology and market development, writes author and thorium expert Robert Hargraves. Regulations have unnecessarily driven up costs of nuclear power and scared the public. According to Hargraves, to revive the nuclear sector, the first steps that needs to be taken are to fight historical fear-creating radiation regulations with science, and to replace the federal regulator, the … [Read more...]
European Council set to wipe out energy efficiency progress, leading to a decade of higher costs
Shockingly, the European Council is on the point of making decisions that will obliterate progress in energy efficiency in the EU, write Jan Rosenow and Richard Cowart of the Regulatory Assistance Project (RAP). This will raise energy bills for consumers and companies, lead to worse health, comfort, air quality, and public housing, reduce job opportunities, and make it harder and more expensive to reach EU climate targets. All for the sake of … [Read more...]
EU’s Mediterranean neighbours struggle with energy transition
Taking a cue from the EU, members of the Arab League have adopted renewable energy and energy efficiency plans and targets. But they lack incentives and a stable policy framework to drive growth. “There are local initiatives, but no process to underpin an energy transition”. … [Read more...]
To slow climate change, India joins the renewable energy revolution
India has embarked on a remarkable renewables revolution, made possible by falling prices of solar power, writes Arun Agrawal, Professor of Natural Resources and Environment at the University of Michigan. According to Agrawal, what is needed above all to make the energy transition succeed, is robust grids and careful land use planning. Courtesy The Conversation. … [Read more...]
Some irony: Trump’s Paris exit will hurt nuclear and coal power
Ironically, Donald Trump’s withdrawal from the Paris climate agreement will hurt two sectors that his administration would like to protect: the nuclear and the coal power industry, writes Washington DC-based energy author Dennis Wamsted. This is because without a Federal climate policy, neither nuclear power nor carbon capture and storage (CCS) will get the support they need. … [Read more...]
The US quitting the Paris climate deal will only make things worse
Some argue that the U.S. leaving Paris would be beneficial to global climate policy, others believe it would be harmful. In this article, Jonathan Pickering of the Centre for Deliberative Democracy and Global Governance at the University of Canberra argues that the US quitting Paris will make matters worse. In another article, Luke Kemp, Lecturer in International Relations and Environmental Policy at Australian National University, takes the … [Read more...]
The world would be better off if Trump withdraws from the Paris climate deal
Some argue that the U.S. leaving Paris would be beneficial to global climate policy, others believe it would be harmful. In this article, Luke Kemp, Lecturer in International Relations and Environmental Policy at Australian National University, argues the world would be better off if Trump withdraws from Paris. In another article, Jonathan Pickering of the Centre for Deliberative Democracy and Global Governance at the University of Canberra takes … [Read more...]
Are solar and wind really killing coal, nuclear and grid reliability?
U.S. Secretary of Energy Rick Perry wants to know whether solar and wind are killing coal, nuclear and grid reliability. Thanks to Texas, where Perry was governor, we know that a combination of wind and solar with fast-ramping natural gas, smart market designs and integrated load control systems will lead to a cleaner, cheaper, more reliable grid, write four researchers at the University of Texas. Courtesy The Conversation. … [Read more...]
Pitting wind and solar against nuclear power
With US electricity demand stalled, expanding wind and solar power is increasing the economic pressure on equally low-emission nuclear power, writes Geoffrey Styles, Managing Director of independent US-based consultancy GSW Strategy Group. He notes that the beneficiaries of renewable energy subsidies resist new state incentives for nuclear plants. But according to Styles, wind and solar should not come at the expense of nuclear power, as all are … [Read more...]
Today’s stunted oil prices could cause oil price shock in 2020
Oil is still essential to the world’s energy needs, writes Haley Zaremba of Oilprice.com. And demand for oil will still be growing over the next few years. After an investment drought of historic proportions, the next oil crisis is looming. Courtesy Oilprice.com. … [Read more...]
Energy and blockchain: here are the most promising applications
Blockchain applications are rapidly spreading across the energy sector, writes David Groarke, Managing Director of Indigo Advisory Group. Some of those applications may be disruptive for utilities. Europe is the most active region globally. Groarke discusses some of the key takeaways from a recent blockchain conference in Vienna. … [Read more...]
How blockchain could upend power markets
Talk about a disruptive technology. The “world’s leading software platform for digital assets,” blockchain may be little known, but it could revolutionize electricity markets, according to Dick Munson of EDF Energy Exchange. For utilities blockchain could prove to be a threat – or an opportunity. … [Read more...]
Jobs? Investing in renewables beats fossil fuels
For policymakers who are interested in job creation, investing in renewable energy is considerably more effective than investing in fossil fuels, writes Allan Hoffman, author of the blog Thoughts of a Lapsed Physicist and formerly with the U.S. Department of Energy. Solar and wind are powerful engines of job creation and economic growth. … [Read more...]
Production cuts vs innovation: why OPEC has lost the oil price war
OPEC and its cartel of friends must be sweating condensates in advance of their May 25th meeting, writes Peter Tertzakian for Oilprice.com. The oil price war, triggered almost three years ago, is far from over. Calling a truce with production cuts has been an ineffective strategy. In fact, it’s been a feeble strategy and nobody in the business should rely on its extension to be effective. Courtesy of Oilprice.com. … [Read more...]
The surprising story of the decline of electricity use in American households
Despite continued economic growth, American households use less electricity than they did five years ago, writes Lucas Davis of the Energy Institute at Haas School of Business. The reason may surprise you, notes Davis: it’s energy-efficient lighting. According to Davis it is not clear yet whether household electricity use has peaked or will rise again in future. Courtesy Energy at Haas. … [Read more...]
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