U.S. Military figures show the resupply of liquid fuel and drinking water for troops in-theatre costs about 4 lives for every 100 convoys. It makes an army more vulnerable and limits movement. That’s why the U.S. Department of Defense is looking at very small modular nuclear reactors (vSMRs): sub-10MW nuclear units. They are already being designed, built and tested. If successful, no refuelling is required for years and the units can be … [Read more...]
South Korea’s nuclear ambitions face safety, quality issues
Dan Yurman summarises the regulatory, academic and press coverage of serious delays to South Korean nuclear reactors being built for the UAE. According to reports, these were caused by having to replace substandard components in reactors located in both South Korea and those planned for the UAE. There are problems with staff training too. South Korea recently completed the US NRC safety review process for its 1400 MW design. But the author asks … [Read more...]
IEA: Renewables growth worldwide is stalling
It’s bad enough that 2018 net capacity additions did not exceed 2017’s after two decades of strong growth. It is far more troubling that nobody saw it coming, says the IEA, who have laid out the data and main cause: stop-go policies. 2018's 180 GW is only 60% of what needs to be added each year to meet climate goals. China, the EU, India and Japan all fell back. Only emerging economies, developing countries and the US (slightly) saw growth. … [Read more...]
Electric Cars: only big subsidies lift market share off the 1.5% floor
You only need to compare the US to Norway to see how the main driver for EV sales is coming from government subsidies. Total Norwegian EV incentives cut the cost of running a typical 60 kWh battery pack from over $200/kWh to negative $336/kWh. US incentives bring it down to negative $23/kWh. The consequences are clear: generous Norway sees EVs take 31% of the market share in cars. In the US it’s 1.4%. That makes EVs a luxury item in the US (like … [Read more...]
Community Scale Solar plugs the gap between “rooftop” and utilities
Rooftop residential and utility solar exist at two ends of the scale. Is there a sweet spot between those two that can capture the advantages of small-scale (no transmission loss, grid resilience through distribution) and large (economies of scale, easy to invest in)? Yes, reports Laurie Stone of the Rocky Mountain Institute, and it’s being called Community-Scale Solar. More than a sweet spot, it can reach communities underserved by rooftop solar … [Read more...]
Children today must emit eight times less CO2 than their grandparents
No wonder young people have taken the reins of the climate demonstrations away from the adults. Zeke Hausfather at Carbon Brief shows that the global budget for avoiding warming of 1.5C or 2C has already been mostly used up. To put that in numbers, if children emit like their parents they’ll exhaust their carbon budget in just 9 years. It’s why emissions must peak in the next few years and then rapidly decline to hit the Paris targets. That’s … [Read more...]
Nuclear – critical choice for 2050
As the urgency of the climate crisis becomes more obvious, nuclear power is drawing another look. The power sector needs to develop to meet climate targets. Renewables (RES) have taken significant share of the energy mix in recent years but going further means securing far more investment and solving the complex challenge of integrating variable power. There is a need for alternatives to run alongside RES, keeping us on track. Matthew Wald from … [Read more...]
The Saudi Dilemma: To Cut Or Not To CutÂ
Following November's G20 meeting in Buenos Aires and the ensuing OPEC meeting earlier this month, the Kingdom of Saudi Arabia is still left scratching its head. 90% of the Kingdom's income comes from Oil. As US shale keeps piling on the pressure, some argue they have enough in the bank to fund higher production levels and even lower prices for another 10-years. But their Vision 2030 initiative, to radically diversify their economy, also requires … [Read more...]
US shale has a glaring problem
With oil prices high and production booming, 2018 was supposed to be a year of profits for US shale oil and gas companies. A report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute shows that hasn’t happened. As 3Q 2018 results start coming in, investors around the world should be considering if there is a fundamental problem with the fracking business model, says Nick Cunningham of Oilprice.com. … [Read more...]
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