The world's best thinkers on energy and climate
Think of it as a championship prizefight between contenders for meeting peak power needs: In the red corner, at a size somewhere between a shipping container and an office building, but with a brain that’s hard to beat, it’s the GE Digital Gas Peaker Plant! In the blue corner, it’s battery storage, which bulks up by saving excess generation until it’s needed, then delivering power to the grid at breakneck speeds! … [Read more...]
It uses extensive data from eight leading innovators with products under development. It merged “apples & oranges data sets” to draw comparisons. … [Read more...]
The nuclear industry’s strategy of working in individual U.S. states to obtain support for financially stressed plants has stalled. Despite successfully implemented efforts in New York and Illinois to provide assistance that is narrowly targeted at a handful of especially vulnerable units, no other state has been able to get a support measure out of the discussion phase. … [Read more...]
In recent weeks, a new energy buzzword has taken flight from Washington, D.C., making stops in Alaska, North Dakota, Texas, Utah and more: “American energy dominance.” Taking a cue from a 2016 speech by then-candidate Donald Trump, top federal officials including Energy Secretary Rick Perry and Interior Secretary Ryan Zinke have begun to trumpet the notion of energy “dominance.” … [Read more...]
If you hadn’t heard, the Trump Administration has declared this week to be “Energy Week”, a week during which the President and his senior officials are focusing on the theme of “U.S. Energy Dominance.” Not “energy independence” or “energy security”, both themes past presidential administrations have focused upon – “energy dominance.” The post, Is The U.S. Close To Achieving 'Energy Dominance'?, was first published on OilPrice.com. By David … [Read more...]
Earlier this week an all-star group of energy and climate scholars published a scientific article in a prestigious journal pointing out that a Stanford professor’s proposal for powering the United States entirely on renewable energy sources rests upon a gigantic lie. … [Read more...]
In 2016, natural gas provided 34% of total electricity generation, surpassing coal to become the leading generation source. Natural gas first exceeded coal as the most common electricity fuel on a monthly basis in April 2015 and on an annual basis in 2016. The increase in natural gas generation since 2005 is primarily a result of the continued cost competitiveness of natural gas relative to coal. … [Read more...]
Two of the largest utilities in Europe, E.on and RWE, have drastically changed strategies since 2016. In this post we argue that competition from third parties was the key driver behind this strategic decision. The following is a summary of the key findings from three different research papers that we have published. … [Read more...]
After a banner year for solar power installation in the United States, reports on the progress of solar power in the first quarter of 2017 have industry advocates hopeful that renewable energy will continue to grow throughout the year, despite competition from fossil fuels, U.S. government support for traditional energy sources and resistance towards cheap imported solar panels by domestic manufacturers. … [Read more...]
Gas could be the ideal partner for renewable energy generation in a future sustainable energy mix, writes Remi Eriksen, Group President and CEO of DNV GL, one of the largest risk management providers in the world with operations in more than 100 countries. … [Read more...]
U.S. Secretary of Energy Rick Perry in April requested a study to assess the effect of renewable energy policies on nuclear and coal-fired power plants. Some energy analysts responded with confusion, as the subject has been extensively studied by grid operators and the Department of Energy’s own national labs. Others were more critical, saying the intent of the review is to favor the use of nuclear and coal over renewable sources. … [Read more...]
With US electricity demand stalled, expanding wind and solar power is increasing the economic pressure on equally low-emission nuclear power. New state incentives for nuclear plants are facing resistance from the beneficiaries of renewable energy subsidies, as both battle for market share. It's an old adage that a growth market has room for all participants, including new entrants. … [Read more...]
Last week, after WTI dipped to $48, it seemed to firm up a bit on assurances from OPEC regarding compliance with its cuts, and a better-than-expected report from the EIA showing a slight drawdown in crude oil inventories also provided a boost to oil prices. Crude closed out the week slightly up from the week before. The post, Oil Has Room To Fall As Speculators Bail On Bullish Bets, was first published on OilPrice.com. By Nick Cunningham But … [Read more...]
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