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D'coda Dcoda

Early Fossil Fuel & Nuclear Energy Subsidies Crush Early Renewable Energy Subsidies [28... - 0 views

  • [T]he federal commitment to [oil & gas] was five times greater than the federal commitment to renewables during the first 15 years of each subsidies’ life, and it was more than 10 times greater for nuclear.
  • The political reaction to the Solyndra scandal has been laughably devoid of both short-term and long-term historical perspective. In an attempt to exploit a political opportunity, many House Republicans are railing against government investments in the renewable energy sector. However, those same politicians requested millions of dollars for cleantech projects in their own states just a year or two before.This bad case of amnesia stretches far beyond the last two years. Apparently, many in Congress have forgotten about the last 100 years of government investments in oil, gas and nuclear — all of which have far outpaced investments in renewable energy like solar PV, solar thermal, geothermal and wind.
  • A new study with terrific charts, “What Would Jefferson Do? The Historical Role of Federal Subsidies inShaping America’s ERnergy Future,” released by the venture capital firm DBL Investors, attempts to quantify and contrast those government investments. The researchers looked at the vast array of federal incentives — tax credits, land grants, tariffs, R&D, and direct investments — and found that renewables have received far less support than any other sector:
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  • As a percentage of inflation-adjusted federal spending, nuclear subsidies accounted for more than 1% of the federal budget over their first 15 years, and oil and gas subsidies made up half a percent of the total budget, while renewables have constituted only about a tenth of a percent. [See graph above.]
  • The researchers are somewhat selective about which subsidies they factor in. In order to come to directly-comparable figures, they outline four criteria for evaluating subsidies: The subsidy is designed to increase production of the targeted resource; all the data for the subsidy is available; the subsidy existed during the early stages of of domestic production; the inclusion of the subsidy allows for meaningful comparison across different sectors.When adding them all up over time, the report’s authors found that on an average yearly basis, renewables represent a small fraction of the total government investments in the energy sector.  Here are two great charts that make that clear:
  • Note:  The above chart is average annual support.  The cumulative spending numbers are thus even more disparate:
  • I have some issues with this report, however. Firstly, the authors stop tracking the numbers in 2009 and leave out the billions invested through the stimulus package. They claim to do this because of the temporary nature of the stimulus package. While it’s true that many of those programs are already phased out or will be gone by next year, the stimulus is still a very important piece of early-stage investments in the sector. Why leave it out?The researchers also neglect to include the short burst of federal renewable energy investment in the late 1970s. While those tax credits and R&D programs lasted only a short while, they still contribute to the overall figures.
  • Finally, in an attempt to make clear distinctions between the renewable fuel and electricity sectors, the report separates biofuels from the renewables category (wind, solar, geothermal). That separation also changes the numbers and makes the renewables subsidy figures much lower than they otherwise would be.
  •  
    charts on site
D'coda Dcoda

The Latte Fallacy: German Switch to Renewables Likely to Be Expensive [28Jul11] - 0 views

  • Chancellor Angela Merkel's government insists that electricity bills will only grow modestly as a result of the nuclear energy phase-out. Experts, however, disagree, with many pointing to Berlin's massive subsidies for solar power as the culprit.
  • A pioneering spirit has taken hold in Germany, thanks to the government's radical reworking of the country's energy policies. Hardly a week goes by without the foundation being laid someplace in the country for a new solar farm, yet another biogas plant or an even bigger wind turbine. Fesseldorf, the town in northern Bavaria which just hosted Seehofer, will soon be home to one of the largest photovoltaic plants in the state.
  • The German government's plan calls for increasing the share of renewables in the country's energy mix to 35 percent by 2020. It is an ambitious goal in every respect. Not only will the current renewable energy share have to be doubled within a few years, the grid expanded and new power storage facilities installed. But Chancellor Angela Merkel's government is also somehow expecting the entire energy revolution to cost virtually nothing.
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  • "According to our calculations, the cost of a kilowatt hour of electricity will go up by only one cent," says Economics Minister Philipp Rösler, head of Merkel's junior coalition partner, the Free Democrats (FDP). For an average household, this would correspond to the price of only one latte a month, says Environment Minister Norbert Röttgen, of Merkel's Christian Democrats. Germany is rapidly switching to green energy and at almost no additional cost to consumers. What conservative politician would have thought such a thing possible just a few months ago?
  • In reality, though, the official calculations have little connection to reality. According to an assessment by the Rhenish-Westphalian Institute for Economic Research (RWI), the politicians' estimate of the costs of expanding renewable sources of energy is far too low, while the environmental benefits have been systematically overstated.
  • RWI experts estimate that the cost of electricity could increase by as much as five times the government's estimate of one cent per kilowatt hour. In an internal prognosis, the semi-governmental German Energy Agency anticipates an increase of four to five cents. According to the Federation of German Consumer Organizations, the additional cost could easily amount to "five cents or more per kilowatt hour."
  • An internal estimate making the rounds at the Economics Ministry also exceeds the official announcements. It concludes that an average three-person household will pay an additional 0.5 to 1.5 cents per kilowatt hour, and up to five cents more in the mid-term. This would come to an additional cost of €175 ($250) a year. "Not exactly the price of a latte," says Manuel Frondel of the RWI.
  • The problem is the federal government's outlandish subsidies policy. Electricity customers are already paying more than €13 billion this year to subsidize renewable energy. The largest subsidies go to solar plants, which contribute relatively little to overall power generation, as well as offshore wind farms in the north, which are far away from the countries largest electricity consumers in Germany's deep south.
  • Photovoltaics, in particular, is now seen as an enormous waste of money. The technology receives almost half all renewable energy subsidies, even though it makes up less than one 10th of total green electricity production. And it is unreliable -- one never knows if and when the sun will be shining
  • For economic and environmental reasons, therefore, it would be best to drastically reduce solar subsidies and spend the money elsewhere, such as for a subsidy system that is not tied to any given technology. For example, wind turbines built on land are significantly more effective than solar power. They receive about the same amount of subsidy money, and yet they are already feeding about five times as much electricity into the grid. In the case of hydroelectric power plants, the relationship between subsidies and electricity generation is six times better. Biomass provides a return on subsidies that is three times as high as solar.
  • "We are dumping billions into the least effective technology," says Fritz Vahrenholt, the former environment minister for the city-state of Hamburg and now the head of utility RWE's renewable electricity subsidy Innogy.
  • "From the standpoint of the climate, every solar plant is a bad investment," says Joachim Weimann, an environmental economist at the University of Magdeburg. He has calculated that it costs about €500 to save a ton of CO2 emissions with solar power. In the case of wind energy, it costs only €150. In combination with building upgrades, the cost plummets to only €15 per ton of CO2 emissions savings.
  • German citizens will be able to see the consequences of solar subsidization on their next electricity bill. Since the beginning of the year, consumers have been assessed a renewable energy surcharge of 3.5 cents per kilowatt hour of electricity, up from about 2 cents last year. And the cost is only going up. Since the first nuclear power plant was shut down, the price of electricity on the European Energy Exchange in Leipzig has increased by about 12 percent. Germany has gone from being a net exporter to a net importer of electricity.
  • According to the European Network of Transmission System Operators for Electricity (ENTSOE) in Brussels, Germany now imports several million kilowatt hours of electricity from abroad every day.
  • In displays on ENTSOE computers in Brussels, countries that produce slightly more electricity than they consume are identified in yellow on the monitors, while countries dependent on imports are blue. Germany used to be one of the yellow countries, but now that seven nuclear reactors have been shut down, blue is the dominant color. The electricity that was once generated by those German nuclear power plants now comes primarily from the Czech Republic and France -- and is, of course, more expensive. The demand for electricity is expected to increase in the coming years, particularly with growing numbers of electric cars being connected to the grid as they charge their batteries.
  • Solar panels only achieve their maximum capacity in the laboratory and at optimal exposure to the sun (1,000 watts per square meter), an ideal angle of incidence (48.2 degrees) and a standardized module temperature (25 degrees Celsius, or 77 degrees Fahrenheit). Such values are rare outside the laboratory. All photovoltaic systems are inactive at night, and they also generate little electricity on winter days
D'coda Dcoda

Let's go forward, the future will catch up later [12Oct11] - 0 views

shared by D'coda Dcoda on 12 Oct 11 - No Cached
  • That slogan in the title above is posted at the headquarters building of Enel in Rome. Enel is one of the leading European energy companies, and European Energy Review has just published an interview with CEO Fulvio Conti where he mentioned that particular fact. I like that slogan. Conti also said that investments in the energy sector need to look ahead for a long time. It can take ten years from decision to realization of some project, which will be operating for another 40 years, so in the planning stage you need to be able to look 50 years ahead.
  • Enel has a total production capacity of 97 GW, of which 34 GW are renewable energy. Only 22 percent of the revenue from renewable is from subsidies. As Conti said:
  • In renewables, we go where the natural resources offer the best returns, e.g. in Brazil or Mexico for solar and wind power. Subsidies will come and go. Our investments are for the long term. We need to be able to get a return on our investments without subsidies. With our renewable power portfolio, only 22% of our revenues came from subsidies last year. But we are moving through difficult times, with slower growth. I wonder how the natural resources of Mongolia compare to Brazil or Mexico. There seems to be some major untapped potential in the Gobi.
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  • And if you are looking fifty years ahead, fossil fuel will only become more expensive. Competing against oil is much more fun with prices at over $100 a barrel right now than at the $17 to 19 in 2008 dollars a barrel cost in 1960, when OPEC was founded.
  • The business case for solar and wind energy will always include the fact that fuel is free. The importance of that fact varies with the cost of fossil fuels, even when not factoring in the costs of global warming. Another quote from the interview:
  • The target of the EU is to see the electricity sector almost completely decarbonised by 2050. Is that achievable? 2050 is a good time span, assuming that technology will continue to improve. Today we at Enel deliver 48% of our power carbon-free. We need technological development to do away with the other 52%. This could be through renewables, but also carbon capture and storage. There will be countries that will still depend on coal and gas, so we cannot rule out CCS. We are working on CCS, it’s there, but you have to prove you can do it economically. We have 40 years for the whole development towards carbon-free electricity generation. We undertook that commitment and I am sticking to it.
D'coda Dcoda

German Nuclear Decommissioning and Renewables Build-Out [23Oct11] - 0 views

  • Germany will be redirecting its economy towards renewable energy, because of the political decision to decommission its nuclear plants, triggered by the Fukushima event in Japan and subsequent public opposition to nuclear energy. Germany's decision would make achieving its 2020 CO2 emission reduction targets more difficult.   To achieve the CO2 emissions reduction targets and replace nuclear energy, renewable energy would need to scale up from 17% in 2010 to 57% of total electricity generation of 603 TWh in 2020, according to a study by The Breakthrough Institute. As electricity generation was 603 TWh in 2010, increased energy efficiency measures will be required to flat-line electricity production during the next 9 years.   Germany has 23 nuclear reactors (21.4 GW), 8 are permanently shut down (8.2 GW) and 15 (13.2 GW) will be shut down by 2022. Germany will be adding a net of 5 GW of coal plants, 5 GW of new CCGT plants and 1.4 GW of new biomass plants in future years. The CCGT plants will reduce the shortage of quick-ramping generation capacity for accommodating variable wind and solar energy to the grid.
  • Germany is planning a $14 billion build-out of transmission systems for onshore and future offshore wind energy in northern Germany and for augmented transmission with France for CO2-free hydro and nuclear energy imports to avoid any shortages.    Germany had fallen behind on transmission system construction in the north because of public opposition and is using the nuclear plant shutdown as leverage to reduce public opposition. Not only do people have to look at a multitude of 450-ft tall wind turbines, but also at thousands of 80 to 135 ft high steel structures and wires of the transmission facilities.   The $14 billion is just a minor down payment on the major grid reorganization required due to the decommissioning of the nuclear plants and the widely-dispersed build-outs of renewables. The exisitng grid is mostly large-central-plant based. 
  • This article includes the estimated capital costs of shutting down Germany's nuclear plants, reorganizing the grids of Germany and its neighbors, and building out renewables to replace the nuclear energy.    Germany’s Renewable Energy Act (EEG) in 2000, guarantees investors above-market fees for solar power for 20 years from the point of installation. In 2010, German investments in  renewables was about $41.2 billion, of which about $36.1 billion in 7,400 MW of solar systems ($4,878/kW). In 2010, German incentives for all renewables was about $17.9 billion, of which about half was for solar systems.   The average subsidy in 2010 was about ($9 billion x 1 euro/1.4 $)/12 TWh = 53.6 eurocents/kWh; no wonder solar energy is so popular in Germany. These subsidies are rolled into electric rates as fees or taxes, and will ultimately make Germany less competitive in world markets.   http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html http://mobile.bloomberg.com/news/2011-05-31/merkel-faces-achilles-heel-in-grids-to-unplug-german-nuclear.html http://www.theecologist.org/News/news_analysis/829664/revealed_how_your_country_compares_on_renewable_investment.html http://en.wikipedia.org/wiki/Solar_power_in_Germany  
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  • SUMMARY OF ESTIMATED CAPITAL AND OTHER COSTS   The estimated capital costs and other costs for decommissioning the nuclear plants, restoring the sites, building out renewables, wind and solar energy balancing plants, and reorganizing electric grids over 9 years are summarized below.    The capital cost and subsidy cost for the increased energy efficiency measures was not estimated, but will likely need to be well over $180 billion over 9 years, or $20 billion/yr, or $20 b/($3286 b in 2010) x 100% = 0.6% of GDP, or $250 per person per yr.     Decommission nuclear plants, restore sites: 23 @ $1 billion/plant = $23 billion Wind turbines, offshore: 53,300 MW @ $4,000,000/MW = $213.2 billion   Wind turbines, onshore: 27,900 MW @ $2,000,000/MW = $55.8 billion Wind feed-in tariff extra costs rolled into electric rates over 9 years: $200 billion  Solar systems: 82,000 MW @ $4,500,000/MW = $369 billion Solar feed-in tariff extra costs rolled into electric rates over 9 years = $250 billion. Wind and solar energy balancing plants: 25,000 MW of CCGTs @ $1,250,000/MW = $31.3 billion Reorganizing European elecric grids tied to German grids: $150 billion
  • RENEWABLE ENERGY AND ENERGY EFFICIENCY TARGETS   In September 2010 the German government announced the following targets:   Renewable electricity - 35% by 2020 and 80% by 2050 Renewable energy - 18% by 2020, 30% by 2030, and 60% by 2050 Energy efficiency - Reducing the national electricity consumption 50% below 2008 levels by 2050.  http://en.wikipedia.org/wiki/Renewable_energy_in_Germany   Germany has a target to reduce its nation-wide CO2 emissions from all sources by 40% below 1990 levels by 2020 and 80-85% below 1990 levels by 2050. That goal could be achieved, if 100% of electricity is generated by renewables, according to Mr. Flasbarth. Germany is aiming to convince the rest of Europe to follow its lead.
  • Biomass: At the end of 2010, about 5,200 MW of biomass was installed at a capital cost of about $18 billion. Biomass energy produced was 33.5 TWh, or 5.5% of production. Plans are to add 1,400 MW of biomass plants in future years which, when fully implemented, would produce about 8.6 TWh/yr.   Solar: At the end of 2010, about 17,320 MW of PV solar was installed in Germany at a capital cost of about $100 billion. PV solar energy produced was 12 TWh, or 2% of total production. The excess cost of the feed-in-tariff energy bought by utilities and rolled into the electricity costs of rate payers was about $80 billion during the past 11 years.   Most solar panels are in southern Germany (nation-wide solar CF 0.095). When skies are clear, the solar production peaks at about 7 to 10 GW. Because of insufficient capacity of transmission and quick-ramping gas turbine plants, and because curtailment is not possible, part of the solar energy, produced at a cost to the German economy of about 30 to 50 eurocent/kWh is “sold” at European spot prices of about 5 eurocent/kWh to France which has significant hydro capacity for balancing the variable solar energy. http://theenergycollective.com/willem-post/46142/impact-pv-solar-feed-tariffs-germany  
  • Wind: At the end of 2010, about 27,200 MW of onshore and offshore wind turbines was installed in Germany at a capital cost of about $50 billion. Wind energy produced was 37.5 TWh, or 6.2% of total production. The excess cost of the feed-in-tariff energy bought by utilities and rolled into electricity costs of rate payers was about $50 billion during the past 11 years.   Most wind turbines are in northern Germany. When wind speeds are higher wind curtailment of 15 to 20 percent takes place because of insufficient transmission capacity and quick-ramping gas turbine plants. The onshore wind costs the Germany economy about 12 eurocent/kWh and the offshore wind about 24 eurocent/kWh. The owners of the wind turbines are compensated for lost production.   The alternative to curtailment is to “sell” the energy at European spot prices of about 5 eurocent/kWh to Norway and Sweden which have significant hydro capacity for balancing the variable wind energy; Denmark has been doing it for about 20 years.   As Germany is very marginal for onshore wind energy (nation-wide onshore wind CF 0.167) and nearly all of the best onshore wind sites have been used up, or are off-limits due to noise/visual/environmental impacts, most of the additional wind energy will have to come from OFFSHORE facilities which produce wind energy at about 2 to 3 times the cost of onshore wind energy. http://theenergycollective.com/willem-post/61774/wind-energy-expensive
  • A 2009 study by EUtech, engineering consultants, concluded Germany will not achieve its nation-wide CO2 emissions target; the actual reduction will be less than 30%. The head of Germany's Federal Environment Agency (UBA), Jochen Flasbarth, is calling for the government to improve CO2 reduction programs to achieve targets. http://www.spiegel.de/international/germany/0,1518,644677,00.html   GERMAN RENEWABLE ENERGY TO-DATE   Germany announced it had 17% of its electrical energy from renewables in 2010; it was 6.3% in 2000. The sources were 6.2% wind, 5.5% biomass, 3.2% hydro and 2.0% solar. Electricity consumption in 2010 was 603 TWh (production) - 60 TWh (assumed losses) = 543 TWh http://www.volker-quaschning.de/datserv/ren-Strom-D/index_e.php  
  • Hydro: At the end of 2010, about 4,700 MW of hydro was installed. Hydro energy produced was 19.5 TWh, or 3.2% of production. Hydro growth has been stagnant during the past 20 years. See below website.   As it took about $150 billion of direct investment, plus about $130 billion excess energy cost during the past 11 years to achieve 8.2% of total production from solar and wind energy, and assuming hydro will continue to have little growth, as was the case during the past 20 years (almost all hydro sites have been used up), then nearly all of the renewables growth by 2020 will be mostly from wind, with the remainder from solar and biomass. http://www.renewableenergyworld.com/rea/news/article/2011/03/new-record-for-german-renewable-energy-in-2010??cmpid=WNL-Wednesday-March30-2011   Wind and Solar Energy Depend on Gas: Wind and solar energy is variable and intermittent. This requires quick-ramping gas turbine plants to operate at part-load and quickly ramp up with wind energy ebbs and quickly ramp down with wind energy surges; this happens about 100 to 200 times a day resulting in increased wear and tear. Such operation is very inefficient for gas turbines causing them to use extra fuel/kWh and emit extra CO2/kWh that mostly offset the claimed fuel and CO2 reductions due to wind energy. http://theenergycollective.com/willem-post/64492/wind-energy-reduces-co2-emissions-few-percent  
  • Wind energy is often sold to the public as making a nation energy independent, but Germany will be buying gas mostly from Russia supplied via the newly constructed pipeline under the Baltic Sea from St. Petersburg to Germany, bypassing Poland.   GERMANY WITHOUT NUCLEAR ENERGY   A study performed by The Breakthrough Institute concluded to achieve the 40% CO2 emissions reduction target and the decommissioning of 21,400 MW of nuclear power plants by 2022, Germany’s electrical energy mix would have to change from 60% fossil, 23% nuclear and 17% renewables in 2010 to 43% fossil and 57% renewables by 2020. This will require a build-out of renewables, reorganization of Europe’s electric grids (Europe’s concurrence will be needed) and acceleration of energy efficiency measures.   According to The Breakthrough Institite, Germany would have to reduce its total electricity consumption by about 22% of current 2020 projections AND achieve its target for 35% electricity generated from renewables by 2020. This would require increased energy efficiency measures to effect an average annual decrease of the electricity consumption/GDP ratio of 3.92% per year, significantly greater than the 1.47% per year decrease assumed by the IEA's BAU forecasts which is based on projected German GDP growth and current German efficiency policies.
  • The Breakthrough Institute projections are based on electricity consumption of 544  and 532 TWh  in 2008 and 2020, respectively; the corresponding production is 604 TWh in 2008 and 592 TWh in 2020.   http://thebreakthrough.org/blog//2011/06/analysis_germanys_plan_to_phas-print.html http://www.iea.org/textbase/nppdf/free/2007/germany2007.pdf   Build-out of Wind Energy: If it is assumed the current wind to solar energy ratio is maintained at 3 to 1, the wind energy build-out will be 80% offshore and 20% onshore, and the electricity production will be 592 TWh, then the estimated capital cost of the offshore wind turbines will be [{0.57 (all renewables) - 0.11 (assumed biomass + hydro)} x 592 TWh x 3/4] x 0.8 offshore/(8,760 hr/yr x average CF 0.35) = 0.0533 TW offshore wind turbines @ $4 trillion/TW = $213 billion and of the onshore wind turbines will be [{0.57 (all renewables) - 0.11 (assumed biomass + hydro)} x 592 TWh x 3/4] x 0.2 onshore/(8,760 hr/yr x average CF 0.167) = 0.279 TW of wind turbines @ $2 trillion/TW = $56 billion, for a total of $272 billion. The feed in tariff subsidy for 9 years, if maintained similar to existing subsidies to attract adequate capital, will be about $150 billion offshore + $50 billion onshore, for a total of $200 billion.    
  • Note: The onshore build-out will at least double Germany’s existing onshore wind turbine capacity, plus required transmission systems; i.e., significant niose, environmental and visual impacts over large areas.   Recent studies, based on measured, real-time, 1/4-hour grid operations data sets of the Irish, Colorado and Texas grids, show wind energy does little to reduce CO2 emissions. Such data sets became available during the past 2 to 3 years. Prior studies, based on assumptions, estimates, modeling scenarios, and statistics, etc., significantly overstate CO2 reductions.  http://theenergycollective.com/willem-post/64492/wind-energy-reduces-co2-emissions-few-percent   Build-out of PV Solar Energy: The estimated capital cost of the PV solar capacity will be [{0.57 (all renewables) - 0.11 (assumed biomass + hydro)} x 592 TWh x 1/4]/(8,760 hr/yr x average CF 0.095) = 0.082 TW @ $4.5 trillion/TW = $369 billion. The feed in tariff subsidy, if maintained similar to existing subsidies to attract adequate capital, will be about $250 billion.   Reorganizating Electric Grids: For GW reasons, a self-balancing grid system is needed to minimize CO2 emissions from gas-fired CCGT balancing plants. One way to implement it is to enhance the interconnections of the national grids with European-wide HVDC overlay systems (owning+O&M costs, including transmission losses), and with European-wide selective curtailment of wind energy, and with European-wide demand management and with pumped hydro storage capacity. These measures will reduce, but not eliminate, the need for balancing energy, at greater wind energy penetrations during high-windspeed weather conditions, as frequently occur in Iberia (Spain/Portugal).  
  • European-wide agreement is needed, the capital cost will be in excess of $150 billion and the adverse impacts on quality of life (noise, visuals, psychological), property values and the environment will be significant over large areas.    Other Capital Costs: The capacity of the quick-ramping CCGT balancing plants was estimated at 25,000 MW; their capital cost is about 25,000 MW x $1,250,000/MW = $31.3 billion. The capital costs of decommissioning and restoring the sites of the 23 nuclear plants will be about $23 billion.   Increased Energy Efficiency: Increased energy efficiency would be more attractive than major build-outs of renewables, because it provides the quickest and biggest "bang for the buck", AND it is invisible, AND it does not make noise, AND it has minimal environmental impact, AND it usually reduces at least 3 times the CO2 per invested dollar, AND it usually creates at least 3 times the jobs per invested dollar, AND it usually creates at least 3 times the energy reduction per invested dollar, AND it does all this without public resistance and controversy.   Rebound, i.e., people going back to old habits of wasting energy, is a concept fostered by the PR of proponents of conspicuous consumption who make money on such consumption. People with little money love their cars getting 35-40 mpg, love getting small electric and heating bills. The rebound is mostly among people who do not care about such bills.
  • A MORE RATIONAL APPROACH   Global warming is a given for many decades, because the fast-growing large economies of the non-OECD nations will have energy consumption growth far outpacing the energy consumption growth of the slow-growing economies of the OECD nations, no matter what these OECD nations do regarding reducing CO2 emissions of their economies.   It is best to PREPARE for the inevitable additional GW by requiring people to move away from flood-prone areas (unless these areas are effectively protected, as in the Netherlands), requiring new  houses and other buildings to be constructed to a standard such as the Passivhaus standard* (such buildings stay cool in summer and warm in winter and use 80 to 90 percent less energy than standard buildings), and requiring the use of new cars that get at least 50 mpg, and rearranging the world's societies for minimal energy consumption; making them walking/bicycling-friendly would be a good start.   If a nation, such as the US, does not do this, the (owning + O&M) costs of its economy will become so excessive (rising resource prices, increased damage and disruptions from weather events) that its goods and services will become less competitive and an increasing percentage of its population will not be able to afford a decent living standard in such a society.   For example: In the US, the median annual household income (inflation-adjusted) was $49,445, a decline of 7% since 2000. As the world’s population increases to about 10 billion by 2050, a triage-style rationing of resources will become more prevalent. http://www.usatoday.com/news/nation/story/2011-09-13/census-household-income/50383882/1
  • * A 2-year-old addition to my house is built to near-Passivhaus standards; its heating system consists of a thermostatically-controlled 1 kW electric heater, set at 500 W, that cycles on/off on the coldest days for less than 100 hours/yr. The addition looks inside and out entirely like standard construction. http://theenergycollective.com/willem-post/46652/reducing-energy-use-houses
  •  
    Excellent, lengthy article , lots of data
D'coda Dcoda

Subsidies - Without generous public subsidies, "Many of the 104 reactors curr... - 0 views

  • ...Nor would any new reactors be built in the U.S. today, according to a comprehensive new report written by Doug Koplow of Earth Track for the Union of Concerned Scientists: "Nuclear Power: Still Not Viable Without Subsidies." Ironically, the report's major public unveiling took place on Capitol Hill on March 11 -- the very day the Fukushima nuclear catastrophe began. Since then, one of the lead new reactor proposals in the U.S. -- two new reactors targeted at the South Texas Project, next in line for a multi-billion dollar nuclear loan guarantee and loan backed by U.S. federal taxpayers -- has largely gone belly up: its major partners included Tokyo Electric Power Company (owner and operator of the Fukushima Daiichi nuclear power plant) and Hitachi (merged with General Electric, designer of the catastrophically failed Mark 1 Boiling Water Reactor), as well as Toshiba (Japanese owner of Westinghouse) and the Japan federal government's Bank for International Cooperation. The U.S. partner, NRG Energy of Princeton, NJ, has announced it will put no more money into the project, given the Fukushima nuclear catastrophe. Koplow's report is very likely the single most comprehensive accounting yet of more than half a century of lavish taxpayer and ratepayer subsidization of the nuclear power industry in the U.S. -- often without the public's knowledge, let alone consent. Koplow has concluded that “After 50 years, the nuclear industry needs to move away from government patronage to a model based on real economic viability. The considerable operational and construction risks of this power source need to be reflected in the delivered price of power rather than dumped onto taxpayers.”
D'coda Dcoda

The Dispatch Queue - An Alternative Means of Accounting for External Costs? [28Sep11] - 0 views

  • Without much going on recently that hasn’t been covered by other blog posts, I’d like to explore a topic not specifically tied to nuclear power or to activities currently going on in Washington, D.C. It involves an idea I have about a possible alternative means of having the electricity market account for the public health and environmental costs of various energy sources, and encouraging the development and use of cleaner sources (including nuclear) without requiring legislation. Given the failure of Congress to take action on global warming, as well as environmental issues in general, non-legislative approaches to accomplishing environmental goals may be necessary. The Problem
  • One may say that the best response would be to significantly tighten pollution regulations, perhaps to the point where no sources have significant external costs. There are problems with this approach, however, above and beyond the fact that the energy industry has (and will?) successfully blocked the legislation that would be required. Significant tightening of regulations raises issues such as how expensive compliance will be, and whether or not viable alternative (cleaner) sources would be available. The beauty of simply placing a cost (or tax) on pollution that reflects its costs to public health and the environment is that those issues need not be addressed. The market just decides between sources based on the true, overall cost of each, resulting in the minimum overall (economic + environmental) cost-generation portfolio
  • The above reasoning is what led to policies like cap-and-trade or a CO2 emissions tax being proposed as a solution for the global warming problem. This has not flown politically, however. Policies that attempt to have external costs included in the market cost of energy have been labeled a “tax increase.” This is particularly true given that the associated pollution taxes (or emissions credit costs) would have largely gone to the government.
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  • One final idea, which does not involve money going to or from government, is simply requiring that cleaner sources provide a certain fraction of our overall power generation. The many state Renewable Portfolio Standards (that do not include nuclear) and the Clean Energy Standard being considered by Congress and the Obama administration (which does include nuclear) are examples of this policy. While better than nothing, such policies are not ideal in that they are crude, and don’t involve a quantitative incentive based on real external costs. An energy source is either defined as “clean,” or it is not. Note that the definition of “clean” would be decided politically, as opposed to objectively based on tangible external costs determined by scientific studies (nuclear’s exclusion from state Renewable Portfolio Standards policies being one outrageous example). Finally, there is the fact that any such policy would require legislation.
  • Well, if we can’t tax pollution, how about encouraging the use of clean sources by giving them subsidies? This has proved to be more popular so far, but this idea has also recently run into trouble, given the current situation with the budget deficit and national debt. Events like the Solyndra bankruptcy have put government clean energy subsidies even more on the defensive. Thus, it seems that neither policies involving money flowing to the government nor policies involving money flowing from the government are politically viable at this point.
  • All of the above begs the question whether there is a policy available that will encourage the use of cleaner energy sources that is revenue-neutral (i.e., does not involve money flowing to or from the government), does not involve the outright (political) selection of certain energy sources over others, and does not require legislation. Enter the Dispatch Queue
  • There must be enough power plants in a given region to meet the maximum load (or demand) expected to occur. In fact, total generation capacity must exceed maximum demand by a specified “reserve margin,” to address the possibility of a plant going offline, or other possible considerations. Due to the fact that demand varies significantly with time, a significant fraction of the generation capacity remains offline, some or most of the time. The dispatch queue is a means by which utilities, or independent regional grid operators, decide which power plants will operate in order to meet demand at any given instant. A good discussion of dispatch queues and how they operate can be found in this Department of Energy report.
  • The general goal of the methodology used to set the dispatch queue order is to minimize overall generation cost, while staying in compliance with all federal or state laws (environmental rules, etc.). This is done by placing the power plants with the lowest “variable” cost first in the queue. Plants with the highest “variable” cost are placed last. The “variable” cost of a plant represents how much more it costs to operate the plant than it costs to leave it idle (i.e., it includes the fuel cost and maintenance costs that arise from operation, but does not include the plant capital cost, personnel costs, or any fixed maintenance costs). Thus, one starts with the least expensive plants, and moves up (in cost) until generation meets demand. The remaining, more expensive plants are not fired up. This ensures that the lowest-operating-cost set of plants is used to meet demand at any given time
  • As far as who makes the decisions is concerned, in many cases the local utility itself runs the dispatch for its own service territory. In most of the United States, however, there is a large regional grid (covering several utilities) that is operated by an Independent System Operator (ISO) or Regional Transmission Organization (RTO), and those organizations, which are independent of the utilities, set the dispatch queue for the region. The Idea
  • As discussed above, a plant’s place in the dispatch queue is based upon variable cost, with the lowest variable cost plants being first in the queue. As discussed in the DOE report, all the dispatch queues in the country base the dispatch order almost entirely on variable cost, with the only possible exceptions being issues related to maximizing grid reliability. What if the plant dispatch methodology were revised so that environmental costs were also considered? Ideally, the public health and environmental costs would be objectively and scientifically determined and cast in terms of an equivalent economic cost (as has been done in many scientific studies such as the ExternE study referenced earlier). The calculated external cost would be added to a plant’s variable cost, and its place in the dispatch queue would be adjusted accordingly. The net effect would be that dirtier plants would be run much less often, resulting in greatly reduced pollution.
  • This could have a huge impact in the United States, especially at the current time. Currently, natural gas prices are so low that the variable costs of combine-cycle natural gas plants are not much higher than those of coal plants, even without considering environmental impacts. Also, there is a large amount of natural gas generation capacity sitting idle.
  • More specifically, if dispatch queue ordering methods were revised to even place a small (economic) weight on environmental costs, there would be a large switch from coal to gas generation, with coal plants (especially the older, dirtier ones) moving to the back of the dispatch queue, and only running very rarely (at times of very high demand). The specific idea of putting gas plants ahead of coal plants in the dispatch queue is being discussed by others.
  • The beauty of this idea is that it does not involve any type of tax or government subsidy. It is revenue neutral. Also, depending on the specifics of how it’s implemented, it can be quantitative in nature, with environmental costs of various power plants being objectively weighed, as opposed certain sources simply being chosen, by government/political fiat, over others. It also may not require legislation (see below). Finally, dispatch queues and their policies and methods are a rather arcane subject and are generally below the political radar (many folks haven’t even heard of them). Thus, this approach may allow the nation’s environmental goals to be (quietly) met without causing a political uproar. It could allow policy makers to do the right thing without paying too high of a political cost.
  • Questions/Issues The DOE report does mention some examples of dispatch queue methods factoring in issues other than just the variable cost. It is fairly common for issues of grid reliability to be considered. Also, compliance with federal or state environmental requirements can have some impacts. Examples of such laws include limits on the hours of operation for certain polluting facilities, or state requirements that a “renewable” facility generate a certain amount of power over the year. The report also discusses the possibility of favoring more fuel efficient gas plants over less efficient ones in the queue, even if using the less efficient plants at that moment would have cost less, in order to save natural gas. Thus, the report does discuss deviations from the pure cost model, to consider things like environmental impact and resource conservation.
  • I could not ascertain from the DOE report, however, what legal authorities govern the entities that make the plant dispatch decisions (i.e., the ISOs and RTOs), and what types of action would be required in order to change the dispatch methodology (e.g., whether legislation would be required). The DOE report was a study that was called for by the Energy Policy Act of 2005, which implies that its conclusions would be considered in future congressional legislation. I could not tell from reading the report if the lowest cost (only) method of dispatch is actually enshrined somewhere in state or federal law. If so, the changes I’m proposing would require legislation, of course.
  • The DOE report states that in some regions the local utility runs the dispatch queue itself. In the case of the larger grids run by the ISOs and RTOs (which cover most of the country), the report implies that those entities are heavily influenced, if not governed, by the Federal Energy Regulatory Commission (FERC), which is part of the executive branch of the federal government. In the case of utility-run dispatch queues, it seems that nothing short of new regulations (on pollution limits, or direct guidance on dispatch queue ordering) would result in a change in dispatch policy. Whereas reducing cost and maximizing grid reliability would be directly in the utility’s interest, favoring cleaner generation sources in the queue would not, unless it is driven by regulations. Thus, in this case, legislation would probably be necessary, although it’s conceivable that the EPA could act (like it’s about to on CO2).
  • In the case of the large grids run by ISOs and RTOs, it’s possible that such a change in dispatch methodology could be made by the federal executive branch, if indeed the FERC has the power to mandate such a change
  • Effect on Nuclear With respect to the impacts of including environmental costs in plant dispatch order determination, I’ve mainly discussed the effects on gas vs. coal. Indeed, a switch from coal to gas would be the main impact of such a policy change. As for nuclear, as well as renewables, the direct/immediate impact would be minimal. That is because both nuclear and renewable sources have high capital costs but very low variable costs. They also have very low environmental impacts; much lower than those of coal or gas. Thus, they will remain at the front of the dispatch queue, ahead of both coal and gas.
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Help Block Latest Nuke Industry Raid on the U.S. Treasury! [10Mar11] - 0 views

  • Despite the fact that its proposed new reactor projects are beset by ongoing major safety risks, schedule delays, cost overruns, and other economic and radiological pitfalls, the nuclear power industry continues to seek massive taxpayer bailouts, not only in the U.S. but even overseas. The environmental movement has responded by urging the Japanese government not to risk its own taxpayers’ funds on the risky South Texas Project twin reactor expansion. A coalition of more than 170 organizations, including Beyond Nuclear, recently sent a letter to the Japanese prime minister, and issued an accompanying media release. (Last August, Beyond Nuclear’s Kevin Kamps, along with Japanese allies from Green Action, Citizens Nuclear Information Center, Friends of the Earth, and other groups met with the Japanese Bank for International Cooperation (JBIC) and the federal Ministry of Economy, Trade, and Industry (METI) to deliver just such a message.) The nuclear industry's attempted money grab in the U.S. has now shifted -- yet again -- to the U.S. Senate, which is considering funding measures for the current and next fiscal year. Right now is a critical time to stave off this latest attempt to risk additional billions of taxpayer dollars on proposed new atomic boondoggles. Call your two U.S. Senators via the Capitol Switchboard at (202) 224-3121 begin_of_the_skype_highlighting            (202) 224-3121      end_of_the_skype_highlighting, or look up their fax numbers and websites for writing in via their webforms, or to find their in-state offices nearest you. Urge them to not only reject additional nuclear power loan guarantees, but also to roll back the entire nuclear loan guarantee program, as 57% of Americans polled by the Wall Street Journal/NBC have indicated ("When it comes to reducing spending, the most popular targets were subsidies to build nuclear power plants...")! After more than half a century of heavy subsidization by American taxpayers and ratepayers, it's high time for the nuclear power industry to stand on its own two feet in the marketplace, or go away for good!
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Wall Street Journal poll finds 57% of Americans want nuclear power subsidies ... - 0 views

  • A poll by the Wall Street Journal and NBC has found that 57% of Americans polled supported the elimination of subsidies for the construction of new atomic reactors as a budget trimming measure in these hard financial times for the U.S. Treasury. The Wall Street Journal reported that "When it comes to reducing spending, the most popular targets were subsidies to build nuclear power plants..."
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Boehner: Energy Subsidies "Wrong" (& Can I Please Have a $2-Billion Loan Guarantee for ... - 0 views

  • Yes, sadly, our politicians are downright hypocrites, especially those on a certain side of the aisle. What they say versus what they vote for (and ask for) are completely opposite in many instances. After joining in the loan guarantee flogging after Solyndra, for example,  House Speaker John Boehner (R-OH) has gone and supported a $2 billion loan guarantee for an Ohio nuclear power plant (yes, that would be his home state of Ohio). He’s even gone so far as to say not backing the loan guarantee would “betray” Ohio workers.Last I heard, loan guarantees for nuclear power plants have a financial failure rate of over 50%. Umm…Going back to Boehner’s September opinion on loan guarantees: “for the federal government to be out there picking one company over another, one type of energy source over another, I think is wrong.”
  • “Boehner is far from the only Republican using Solyndra to score political points while asking for loan guarantees at the same time,” Think Progress reports. “In fact, Republican House members host $11.8 billion in loan guarantees in their districts.”
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Energy Forecast: Fracking in China, Nuclear Uncertain, CO2 Up [09Nov11] - 0 views

  • This year’s World Energy Outlook report has been published by the International Energy Agency, and says wealthy and industrializing countries are stuck on policies that threaten to lock in “an insecure, inefficient and high-carbon energy system.”You can read worldwide coverage of the report here. Fiona Harvey of the Guardian has a piece on the report that focuses on the inexorable trajectories for carbon dioxide, driven by soaring energy demand in Asia.A variety of graphs and slides can be reviewed here:
  • According to the report, Russia will long remain the world’s leading producer of natural gas, but exploitation of shale deposits in the United States, and increasingly in China, will greatly boost production in those countries (which will be in second and third place for gas production in 2035).Last month, in an interview with James Kanter of The Times and International Herald Tribune, the new head of the energy agency, Maria van der Hoeven, discussed one point made in the report today — that concerns raised by the damage to the Fukushima Daiichi power plant could continue to dampen expansion of nuclear power and add to the challenge of avoiding a big accumulation of carbon dioxide, saying: “Such a reduction would certainly make it more difficult for the world to meet the goal of stabilizing the rise in temperature to 2 degrees Centigrade.”
  • Here’s the summary of the main points, released today by the agency: “Growth, prosperity and rising population will inevitably push up energy needs over the coming decades. But we cannot continue to rely on insecure and environmentally unsustainable uses of energy,” said IEA Executive Director Maria van der Hoeven. “Governments need to introduce stronger measures to drive investment in efficient and low-carbon technologies. The Fukushima nuclear accident, the turmoil in parts of the Middle East and North Africa and a sharp rebound in energy demand in 2010 which pushed CO2 emissions to a record high, highlight the urgency and the scale of the challenge.”
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  • In the WEO’s central New Policies Scenario, which assumes that recent government commitments are implemented in a cautious manner, primary energy demand increases by one-third between 2010 and 2035, with 90% of the growth in non-OECD economies. China consolidates its position as the world’s largest energy consumer: it consumes nearly 70% more energy than the United States by 2035, even though, by then, per capita demand in China is still less than half the level in the United States. The share of fossil fuels in global primary energy consumption falls from around 81% today to 75% in 2035. Renewables increase from 13% of the mix today to 18% in 2035; the growth in renewables is underpinned by subsidies that rise from $64 billion in 2010 to $250 billion in 2035, support that in some cases cannot be taken for granted in this age of fiscal austerity. By contrast, subsidies for fossil fuels amounted to $409 billion in 2010.
  • Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Reliance grows on a small number of producers: the increase in output from Middle East and North Africa (MENA) is over 90% of the required growth in world oil output to 2035. If, between 2011 and 2015, investment in the MENA region runs one-third lower than the $100 billion per year required, consumers could face a near-term rise in the oil price to $150/barrel.Oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. The passenger vehicle fleet doubles to almost 1.7 billion in 2035. Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets.
  • The use of coal – which met almost half of the increase in global energy demand over the last decade – rises 65% by 2035. Prospects for coal are especially sensitive to energy policies – notably in China, which today accounts for almost half of global demand. More efficient power plants and carbon capture and storage (CCS) technology could boost prospects for coal, but the latter still faces significant regulatory, policy and technical barriers that make its deployment uncertain.Fukushima Daiichi has raised questions about the future role of nuclear power. In the New Policies Scenario, nuclear output rises by over 70% by 2035, only slightly less than projected last year, as most countries with nuclear programmes have reaffirmed their commitment to them. But given the increased uncertainty, that could change. A special Low Nuclear Case examines what would happen if the anticipated contribution of nuclear to future energy supply were to be halved. While providing a boost to renewables, such a slowdown would increase import bills, heighten energy security concerns and make it harder and more expensive to combat climate change.
  • The future for natural gas is more certain: its share in the energy mix rises and gas use almost catches up with coal consumption, underscoring key findings from a recent WEO Special Report which examined whether the world is entering a “Golden Age of Gas”. One country set to benefit from increased demand for gas is Russia, which is the subject of a special in-depth study in WEO-2011. Key challenges for Russia are to finance a new generation of higher-cost oil and gas fields and to improve its energy efficiency. While Russia remains an important supplier to its traditional markets in Europe, a shift in its fossil fuel exports towards China and the Asia-Pacific gathers momentum. If Russia improved its energy efficiency to the levels of comparable OECD countries, it could reduce its primary energy use by almost one-third, an amount similar to the consumption of the United Kingdom. Potential savings of natural gas alone, at 180 bcm, are close to Russia’s net exports in 2010.
  • In the New Policies Scenario, cumulative CO2 emissions over the next 25 years amount to three-quarters of the total from the past 110 years, leading to a long-term average temperature rise of 3.5°C. China’s per-capita emissions match the OECD average in 2035. Were the new policies not implemented, we are on an even more dangerous track, to an increase of 6°C.“As each year passes without clear signals to drive investment in clean energy, the “lock-in” of high-carbon infrastructure is making it harder and more expensive to meet our energy security and climate goals,” said Fatih Birol, IEA Chief Economist. The WEO presents a 450 Scenario, which traces an energy path consistent with meeting the globally agreed goal of limiting the temperature rise to 2°C. Four-fifths of the total energy-related CO2 emissions permitted to 2035 in the 450 Scenario are already locked-in by existing capital stock, including power stations, buildings and factories. Without further action by 2017, the energy-related infrastructure then in place would generate all the CO2 emissions allowed in the 450 Scenario up to 2035. Delaying action is a false economy: for every $1 of investment in cleaner technology that is avoided in the power sector before 2020, an additional $4.30 would need to be spent after 2020 to compensate for the increased emissions.
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Saudi Arabia's nuclear energy ambitions [18Aug11] - 0 views

  • The Kingdom of Saudi Arabia (KSA) plans to build 16 nuclear reactors over the next 20 years spending an estimated $7 billion on each plant. The $112 billion investment, which includes capacity to become a regional exporter of electricity, will provide one-fifth of the Kingdom’s electricity for industrial and residential use and, critically, for desalinization of sea water.
  • dom’s electricity for industrial and residential use and, critically, for desalinization of sea water.
  • This past April, the Saudi government announced the development of a nuclear city to train and house the technical workforce that will be needed to achieve these ambitions. It is clear that KSA’s plans for spending its sovereign wealth fund will be mostly focused on the home front. At the same time, a former Saudi ambassador to the United States , Prince Turki al-Faisal (served 2005-2006), has warned that a regional nuclear arms race could start if Iran does not curb its nuclear efforts. He told the Wall Street Journal on July 20, “It is in our interest that Iran does not develop a nuclear weapon, for their doing so would compel Saudi Arabia … to pursue policies that could lead to untold and possibly dramatic consequences.”
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  • According to the WSJ, the Saudi government said the former ambassador does not speak for it in an official capacity. Al-Faisal, however, is widely believed to be on a short list to be the next foreign minister of KSA. How credible his claim is about the potential for a regional arms race remains to be seen. Swapping nukes for oil drums
  • The main driver for KSA’s plans to build reactors is that at the rate that it is burning its own oil, it may have substantially less to export in just a decade or so. At a minimum, it may lose the excess capacity the rest of the world relies on when there are disruptions in supplies from other countries. One scenario suggested by energy analysts that follow oil markets is that within two decades most of the KSA output would be used for domestic consumption. Total Saudi reserves are estimated at 267 billion barrels. Debates rage in the news media over so-called peak oil, but energy experts discount them as speculative at best, and fantastic or worse on the downside.
  • Current production estimates put total KSA production capacity at 12.5 million barrels a day with a maximum output of 15 million barrels a day. The Wall Street Journal reported in April 2011 that production was running at 8 million-9 million barrels a day compared to 11 million barrels a day in 2010 reported by the Energy Information Administration. The difference is the global economic downturn has reduced demand. What’s got the attention of energy planners is that domestic use in KSA could grow from 3.4 million barrels of oil a day in 2009 to 8.3 million barrels a day by 2028.
  • The official Saudi press agency said in April 2010 that it was “alarmed” by increasing oil and gas consumption for domestic use and the resulting impact on export revenues. Reduction of consumption, which pushes up use of fossil fuel to produce electricity, is not an option for both economic and political reasons. In 2011, the Saudi government has increased its subsidies of energy supplies by $100 million for domestic use, in part to dampen any possibilities of social unrest like that which toppled regimes in Tunisia and Egypt.
  • Like other Arab countries, KSA has a large population of unemployed young people who have better than average educations.  This is a volatile mix and the arch conservatives that run KSA have defused it with lavish subsidies.
  • Electricity demand is predicted to increase from 75 GWe by 2018 to more than 120 Gwe by 2030. This growth can’t be sustained by fossil fuel alone and also maintain the income stream the nation depends on from oil exports. Nuclear reactors are an obvious choice to intervene in an unsustainable growth scenario.
  • This outlook is sending the Saudi government down a path to develop nuclear energy. In April, it announced that it was setting up the King Abdullah City for Atomic and Renewable Energy (KA-CARE) to pursue this objective. Saudi Arabia is building up its transmission and distribution grids to interconnect with the UAE on the east and Oman to the south.  It is developing its so-called empty quarter which Middle East experts point out isn’t as empty as it sounds.
  • The new city’s charter states that nuclear and renewable energies, especially solar, would be developed to ensure continued supplies of drinking water and electricity to its growing population and save hydrocarbon resources such as petroleum and gas for use by future generations. The objective is to make them a source of income for a much longer period.
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http://beyondnuclear.squarespace.com/storage/subsidies_outline_may09-1.pdf - 0 views

  •  
    Here's a pdf outline of nuclear subsidies
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The Pro-Nuclear Community goes Grassroots [12Oct11] - 0 views

  • In recent weeks I have been excited to witness several genuine grassroots efforts in support of nuclear energy emerging on the scene. Several have already been covered on this forum, like the Rally for Vermont Yankee and the Webinar collaboration by the Nuclear Regulatory Commission and the American Nuclear Society. Both of these efforts proved to be very successful in bringing together nuclear supporters and gaining attention from the mainstream media.
  • I’d like to share some information about another opportunity to actively show your support for nuclear. The White House recently launched a petition program called “We the People.” Here is the description of how it works: This tool provides you with a new way to petition the Obama administration to take action on a range of important issues facing our country. If a petition gets enough support, White House staff will review it, ensure it’s sent to the appropriate policy experts, and issue an official response. One of the first and most popular petitions on the website is a call to end subsidies and loan guarantees for nuclear energy by 2013. As I write this, it is only about a thousand signatures away from reaching the White House. In response to this petition, Ray Wallman, a young nuclear supporter and filmmaker, wrote a counter petition called “Educate the Public Regarding Nuclear Power.” It needs 4,500 more signatures before October 23 in order to get a formal response, and reads as follows:
  • Due to the manufactured controversy that is the nuclear reactor meltdown in Fukushima, Japan, perpetuated by a scientifically illiterate news media, the public is unnecessarily hostile to nuclear power as an energy source. To date nobody has died from the accident and Fukushima, and nuclear power has the lowest per Terra-watt hour death toll of any energy source known to man: http://nextbigfuture.com/2011/03/deaths-per-twh-by-energy-source.html The Obama administration should take better strides to educate the public regarding this important energy source.
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  • In addition to the petition for education, Gary Kahanak, of Arkansas Home Energy Consultants, released another one in support of restarting the Integral Fast Reactor program. This petition was inspired by an open letter to the White House with the same goal, written by Steve Kirsch, of the Science Council for Global Initiatives. The petition states:
  • Without delay, the U.S. should build a commercial-scale demonstration reactor and adjacent recycling center. General Electric’s PRISM reactor, developed by a consortium of major American companies in partnership with the Argonne National Laboratory, is ready to build now. It is designed to consume existing nuclear waste as fuel, be passively safe and proliferation-resistant. It can provide clean, emissions-free power to counter climate change, and will create jobs as we manufacture and export a superior technology. Abundant homegrown nuclear power will also enhance our nation’s energy security. Our country dedicated some of its finest scientific and engineering talent to this program, with spectacular success. Let’s finish the job we started. It will benefit our nation, and the world.
  • This brings me to my second reason for supporting these petitions: They represent a genuine change in approach for supporting nuclear energy. Throughout the history of commercial nuclear power generation, most of the decisions and support have come directly from government and corporate entities. This has resulted in a great deal of public mistrust and even distain for nuclear technologies. A grassroots approach may not translate directly into research dollars or policy change, but it has to the potential to win hearts and minds, which is also extremely important.
  • There has been some debate among my colleagues about the value of this approach. Some were concerned about the specific language or content of the petitions, while others did not feel comfortable signing something in support of a particular reactor that is not their preferred technology. Others have voiced that even if we get 5,000 signatures, the White House response will not have any impact on policy. While I understand and respect those points, I want to share why I decided to sign both petitions and to write about them here.
  • Those of us in the nuclear communications community ask ourselves constantly, “How do we inspire people to get involved and speak out in support of nuclear?” I see these petitions as a sign of success on the part of the nuclear community—we are reaching out and inspiring action from the ground up. Nuclear supporters who are not directly employed by the industry created both of these petitions. In my mind, that is a really wonderful thing. Members of the public are taking independent action to support the technology they believe in.
  • The release of these petitions was just in time to beat an increased threshold for minimum signatures, from 5,000 to 25,000. That means that if half of ANS members take the time to sign these petitions, we will get a formal response from the White House about their plans for increasing public education on nuclear energy, and moving forward with an important Generation IV technology.
  • And finally, there is power in symbolic action
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Chris Huhne: Nuclear power a costly failure [15Oct11] - 0 views

  • Britain is still paying for nuclear-generated electricity consumed a generation ago because of the hidden costs of an industry reared on the expectation of public subsidies, the Energy Secretary Chris Huhne said yesterday. He told the Royal Society in London that the nuclear industry and the Government should show that they have learned from their past mistakes if they are to retain public support for a renaissance in nuclear power. “And some of those mistakes are not small,” he said in a keynote address. “Nuclear policy is a runner to be the most expensive failure of post-war British policy-making, and I am aware that this is a crowded and highly contested field.” http://www.independent.co.uk/news/science/chris-huhne-nuclear-power-a-costly-failure-2370340.html
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CPS must die [24Oct07} - 0 views

  • Collectively, Texas eats more energy than any other state, according to the U.S. Department of Energy. We’re fifth in the country when it comes to our per-capita energy intake — about 532 million British Thermal Units per year. A British Thermal Unit, or Btu, is like a little “bite” of energy. Imagine a wooden match burning and you’ve got a Btu on a stick. Of course, the consumption is with reason. Texas, home to a quarter of the U.S. domestic oil reserves, is also bulging with the second-highest population and a serious petrochemical industry. In recent years, we managed to turn ourselves into the country’s top producer of wind energy. Despite all the chest-thumping that goes on in these parts about those West Texas wind farms (hoist that foam finger!), we are still among the worst in how we use that energy. Though not technically “Southern,” Texans guzzle energy like true rednecks. Each of our homes use, on average, about 14,400 kilowatt hours per year, according to the U.S. Energy Information Administration. It doesn’t all have to do with the A/C, either. Arizonans, generally agreed to be sharing the heat, typically use about 12,000 kWh a year; New Mexicans cruise in at an annual 7,200 kWh. Don’t even get me started on California’s mere 6,000 kWh/year figure.
  • Let’s break down that kilowatt-hour thing. A watt is the energy of one candle burning down. (You didn’t put those matches away, did you?) A kilowatt is a thousand burnin’ candles. And a kilowatt hour? I think you can take it from there. We’re wide about the middle in Bexar, too. The average CPS customer used 1,538 kilowatt hours this June when the state average was 1,149 kWh, according to ERCOT. Compare that with Austin residents’ 1,175 kWh and San Marcos residents’ 1,130 kWh, and you start to see something is wrong. So, we’re wasteful. So what? For one, we can’t afford to be. Maybe back when James Dean was lusting under a fountain of crude we had if not reason, an excuse. But in the 1990s Texas became a net importer of energy for the first time. It’s become a habit, putting us behind the curve when it comes to preparing for that tightening energy crush. We all know what happens when growing demand meets an increasingly scarce resource … costs go up. As the pressure drop hits San Anto, there are exactly two ways forward. One is to build another massively expensive power plant. The other is to transform the whole frickin’ city into a de-facto power plant, where energy is used as efficiently as possible and blackouts simply don’t occur.
  • Consider, South Texas Project Plants 1&2, which send us almost 40 percent of our power, were supposed to cost $974 million. The final cost on that pair ended up at $5.5 billion. If the planned STP expansion follows the same inflationary trajectory, the price tag would wind up over $30 billion. Applications for the Matagorda County plants were first filed with the Atomic Energy Commission in 1974. Building began two years later. However, in 1983 there was still no plant, and Austin, a minority partner in the project, sued Houston Power & Lighting for mismanagement in an attempt to get out of the deal. (Though they tried to sell their share several years ago, the city of Austin remains a 16-percent partner, though they have chosen not to commit to current expansion plans).
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  • CPS didn’t just pull nukes out of a hat when it went looking for energy options. CEO Milton Lee may be intellectually lazy, but he’s not stupid. Seeking to fulfill the cheap power mandate in San Antonio and beyond (CPS territory covers 1,566 square miles, reaching past Bexar County into Atascosa, Bandera, Comal, Guadalupe, Kendall, Medina, and Wilson counties), staff laid natural gas, coal, renewables and conservation, and nuclear side-by-side and proclaimed nukes triumphant. Coal is cheap upfront, but it’s helplessly foul; natural gas, approaching the price of whiskey, is out; and green solutions just aren’t ready, we’re told. The 42-member Nuclear Expansion Analysis Team, or NEAT, proclaimed “nuclear is the lowest overall risk considering possible costs and risks associated with it as compared to the alternatives.” Hear those crickets chirping?
  • NEAT members would hold more than a half-dozen closed-door meetings before the San Antonio City Council got a private briefing in September. When the CPS board assembled October 1 to vote the NRG partnership up or down, CPS executives had already joined the application pending with the U.S. Nuclear Regulatory Commission. A Supplemental Participation Agreement allowed NRG to move quickly in hopes of cashing in on federal incentives while giving San Antonio time to gather its thoughts. That proved not too difficult. Staff spoke of “overwhelming support” from the Citizen’s Advisory Board and easy relations with City staff. “So far, we haven’t seen any fatal flaws in our analysis,” said Mike Kotera, executive vice president of energy development for CPS. With boardmember and Mayor Phil Hardberger still in China inspecting things presumably Chinese, the vote was reset for October 29.
  • No one at the meeting asked about cost, though the board did request a month-by-month analysis of the fiasco that has been the South Texas Project 1&2 to be delivered at Monday’s meeting. When asked privately about cost, several CPS officers said they did not know what the plants would run, and the figure — if it were known — would not be public since it is the subject of contract negotiations. “We don’t know yet,” said Bob McCullough, director of CPS’s corporate communications. “We are not making the commitment to build the plant. We’re not sure at this point we really understand what it’s going to cost.” The $206 million outlay the board will consider on Monday is not to build the pair of 1,300-megawatt, Westinghouse Advanced Boiling Water Reactors. It is also not a contract to purchase power, McCullough said. It is merely to hold a place in line for that power.
  • It’s likely that we would come on a recurring basis back to the board to keep them apprised of where we are and also the decision of whether or not we think it makes sense for us to go forward,” said Larry Blaylock, director of CPS’s Nuclear Oversight & Development. So, at what point will the total cost of the new plants become transparent to taxpayers? CPS doesn’t have that answer. “At this point, it looks like in order to meet our load growth, nuclear looks like our lowest-risk choice and we think it’s worth spending some money to make sure we hold that place in line,” said Mark Werner, director of Energy Market Operations.
  • Another $10 million request for “other new nuclear project opportunities” will also come to the board Monday. That request summons to mind a March meeting between CPS officials and Exelon Energy reps, followed by a Spurs playoff game. Chicago-based Exelon, currently being sued in Illinois for allegedly releasing millions of gallons of radioactive wastewater beneath an Illinois plant, has its own nuclear ambitions for Texas. South Texas Project The White House champions nuclear, and strong tax breaks and subsidies await those early applicants. Whether CPS qualifies for those millions remains to be seen. We can only hope.
  • CPS has opted for the Super Honkin’ Utility model. Not only that — quivering on the brink of what could be a substantial efficiency program, CPS took a leap into our unflattering past when it announced it hopes to double our nuclear “portfolio” by building two new nuke plants in Matagorda County. The utility joined New Jersey-based NRG Energy in a permit application that could fracture an almost 30-year moratorium on nuclear power plant creation in the U.S.
  • After Unit 1 came online in 1988, it had to be shut down after water-pump shaft seared off in May, showering debris “all over the place,” according to Nucleonics Week. The next month two breakers failed during a test of backup power, leading to an explosion that sheared off a steam-generator pump and shot the shaft into the station yard. After the second unit went online the next year, there were a series of fires and failures leading to a half-million-dollar federal fine in 1993 against Houston Power. Then the plant went offline for 14 months. Not the glorious launch the partnership had hoped for. Today, CPS officials still do not know how much STP has cost the city, though they insist overall it has been a boon worth billions. “It’s not a cut-and-dried analysis. We’re doing what we can to try to put that in terms that someone could share and that’s a chore,” said spokesman McCollough. CPS has appealed numerous Open Records requests by the Current to the state Attorney General. The utility argues that despite being owned by the City they are not required to reveal, for instance, how much it may cost to build a plant or even how much pollution a plant generates, since the electricity market is a competitive field.
  • How do we usher in this new utopia of decentralized power? First, we have to kill CPS and bury it — or the model it is run on, anyway. What we resurrect in its place must have sustainability as its cornerstone, meaning that the efficiency standards the City and the utility have been reaching for must be rapidly eclipsed. Not only are new plants not the solution, they actively misdirect needed dollars away from the answer. Whether we commit $500 million to build a new-fangled “clean-coal” power plant or choose to feed multiple billions into a nuclear quagmire, we’re eliminating the most plausible option we have: rapid decentralization.
  • A 2003 study at the Massachusetts Institute of Technology estimates the cost of nuclear power to exceed that of both coal and natural gas. A U.S. Energy Information Administration report last year found that will still be the case when and if new plants come online in the next decade. If ratepayers don’t pay going in with nuclear, they can bet on paying on the way out, when virtually the entire power plant must be disposed of as costly radioactive waste. The federal government’s inability to develop a repository for the tens of thousands of tons of nuclear waste means reactors across the country are storing spent fuel in onsite holding ponds. It is unclear if the waste’s lethality and tens of thousands of years of radioactivity were factored into NEAT’s glowing analysis.
  • The federal dump choice, Nevada’s Yucca Mountain, is expected to cost taxpayers more than $60 billion. If it opens, Yucca will be full by the time STP 3&4 are finished, requiring another federal dump and another trainload of greenbacks. Just the cost of Yucca’s fence would set you back. Add the price of replacing a chain-link fence around, let’s say, a 100-acre waste site. Now figure you’re gonna do that every 50 years for 10,000 years or more. Security guards cost extra. That is not to say that the city should skip back to the coal mine. Thankfully, we don’t need nukes or coal, according to the American Council for an Energy-Efficient Economy, a D.C.-based non-profit that champions energy efficiency. A collection of reports released this year argue that a combination of ramped-up efficiency programs, construction of numerous “combined heat and power” facilities, and installation of on-site renewable energy resources would allow the state to avoid building new power plants. Texas could save $73 billion in electric generation costs by spending $50 billion between now and 2023 on such programs, according to the research group. The group also claims the efficiency revolution would even be good for the economy, creating 38,300 jobs. If ACEEE is even mostly right, plans to start siphoning millions into a nuclear reservoir look none too inspired.
  • To jump tracks will take a major conversion experience inside CPS and City Hall, a turning from the traditional model of towering plants, reels of transmission line, and jillions of dependent consumers. CPS must “decentralize” itself, as cities as close as Austin and as far away as Seattle are doing. It’s not only economically responsible and environmentally sound, but it is the best way to protect our communities entering what is sure to be a harrowing century. Greening CPS CPS is grudgingly going greener. In 2004, a team of consultants, including Wisconsin-based KEMA Inc., hired to review CPS operations pegged the utility as a “a company in transition.” Executives interviewed didn’t understand efficiency as a business model. Even some managers tapped to implement conservation programs said such programs were about “appearing” concerned, according to KEMA’s findings.
  • While the review exposed some philosophical shortcomings, it also revealed for the first time how efficiency could transform San Antonio. It was technically possible, for instance, for CPS to cut electricity demand by 1,935 megawatts in 10 years through efficiency alone. While that would be accompanied with significant economic strain, a less-stressful scenario could still cut 1,220 megawatts in that period — eliminating 36 percent of 2014’s projected energy use. CPS’s current plans call for investing $96 million to achieve a 225-megawatt reduction by 2016. The utility plans to spend more than four times that much by 2012 upgrading pollution controls at the coal-fired J.T. Deely power plant.
  • In hopes of avoiding the construction of Spruce 2 (now being built, a marvel of cleanliness, we are assured), Citizen Oversight Committee members asked KEMA if it were possible to eliminate 500 megawatts from future demand through energy efficiency alone. KEMA reported back that, yes, indeed it was possible, but would represent an “extreme” operation and may have “unintended consequences.” Such an effort would require $620 million and include covering 90 percent of the cost of efficiency products for customers. But an interesting thing happens under such a model — the savings don’t end in 2012. They stretch on into the future. The 504 megawatts that never had to be generated in 2012 end up saving 62 new megawatts of generation in 2013 and another 53 megawatts in 2014. With a few tweaks on the efficiency model, not only can we avoid new plants, but a metaphorical flip of the switch can turn the entire city into one great big decentralized power generator.
  • Even without good financial data, the Citizen’s Advisory Board has gone along with the plan for expansion. The board would be “pennywise and pound foolish” not to, since the city is already tied to STP 1&2, said at-large member Jeannie O’Sullivan. “Yes, in the past the board of CPS had been a little bit not as for taking on a [greater] percentage of nuclear power. I don’t know what their reasons were, I think probably they didn’t have a dialogue with a lot of different people,” O’Sullivan said.
  • For this, having a City-owned utility offers an amazing opportunity and gives us the flexibility to make most of the needed changes without state or federal backing. “Really, when you start looking, there is a lot more you can do at the local level,” said Neil Elliott of the ACEEE, “because you control building codes. You control zoning. You can control siting. You can make stuff happen at the local level that the state really doesn’t have that much control of.” One of the most empowering options for homeowners is homemade energy provided by a technology like solar. While CPS has expanded into the solar incentives field this year, making it only the second utility in the state to offer rebates on solar water heaters and rooftop panels, the incentives for those programs are limited. Likewise, the $400,000 CPS is investing at the Pearl Brewery in a joint solar “project” is nice as a white tiger at a truck stop, but what is truly needed is to heavily subsidize solar across the city to help kickstart a viable solar industry in the state. The tools of energy generation, as well as the efficient use of that energy, must be spread among the home and business owners.
  • Joel Serface, with bulb-polished pate and heavy gaze, refers to himself as a “product of the oil shock” who first discovered renewables at Texas Tech’s summer “geek camp.” The possibilities stayed with him through his days as a venture capitalist in Silicon Valley and eventually led him to Austin to head the nation’s first clean-energy incubation center. Serface made his pitch at a recent Solar San Antonio breakfast by contrasting Texas with those sun-worshipping Californians. Energy prices, he says, are “going up. They’re not going down again.” That fact makes alternative energies like solar, just starting to crack the 10-cent-per-killowatt barrier, financially viable. “The question we have to solve as an economy is, ‘Do we want to be a leader in that, or do we want to allow other countries [to outpace us] and buy this back from them?’” he asked.
  • To remain an energy leader, Texas must rapidly exploit solar. Already, we are fourth down the list when it comes not only to solar generation, but also patents issued and federal research awards. Not surprisingly, California is kicking silicon dust in our face.
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Did Fukushima kill the nuclear renaissance No, that renaissance died right here at home... - 0 views

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  • In the aftermath of the Fukushima Daiichi nuclear disaster in Japan, many wondered what the event’s impact would be on the nuclear renaissance in the United States. Those who follow the nuclear industry didn’t need eight months of hindsight to give an answer: what nuclear renaissance? The outlook for U.S. nuclear power has worsened considerably in the past five years. Where once there were plans for new reactors at more than 30 different sites, today there are only five, and even those planned reactors might disappear. Only one is actually under construction, and to credit the industry with breaking ground on a new reactor is overstating its prospects. However, none of this gloom is the result of Japan’s tsunami. On the eve of the Tohoku earthquake, U.S. nuclear power looked just as moribund as it is today. The cause of this decline is not renewed concerns about safety, or even that old red herring, waste disposal — instead, it is simple economics. Other technologies, particularly natural gas, offer much cheaper power than nuclear both today and in the foreseeable future.
  • In 2009, the MIT Future of Nuclear Power study released an update to its 2003 estimate of the costs of nuclear power. Estimating a capital cost of $4,000/kW and a fuel cost of $0.67/MMBtu, the study’s authors projected a cost of new nuclear power of 6.6 cents/kWh. Using the same modeling approach, the cost of electricity from a natural gas plant with capital costs of $850/kW and fuel costs of $5.16/MMBtu would be 4.4 cents/kWh. What’s worse, the estimate of 6.6 cents/kWh assumes that nuclear power is able to secure financing at the same interest rate as natural gas plants. In reality, credit markets assign a significant risk premium to nuclear power, bringing its total levelized cost of electricity to 8.4 cents/kWh, nearly twice the cost of natural gas power. Unless the capital costs of new nuclear power plants turn out to be significantly less than what experts expect, or natural gas prices rise considerably in the near future, there is little reason to believe that any new nuclear plants will be built without significant subsidies. This is not to say that nuclear power could not make a comeback within the next 10 to 20 years. But before nuclear can once again be considered a credible competitor to fossil fuels, four changes must happen.
  • The second problem facing nuclear power is its high borrowing costs. To some extent, this problem is a natural consequence of nuclear power plants taking a longer time to build than natural gas plants and having a much higher construction risk (the capital cost of natural gas plants is well-established relative to that of nuclear power). And likewise, to some extent, this problem might resolve itself over time, both as the completion of nuclear plants helps nail down the true capital cost of nuclear power, and as vendors add smaller, modular reactor designs to their list of offerings. But much of the reason behind the high interest rates on loans to nuclear construction is that the industry is scoring an own-goal. In the current relationship between utilities and reactor vendors, utilities are asked to absorb all of the costs of a vendor’s overruns — if a reactor ends up costing a couple billion dollars more than the vendor quotes, it’s the utility that is expected to make up the difference.
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  • This is terrifying for a utility’s creditors. The largest utilities in the United States have market capitalizations in the area of $30 billion, while most hover closer to $5 billion. If a nuclear project should fail, the utility might go completely bankrupt, leaving nothing to those foolish enough to lend them money. Accordingly, nuclear projects face higher borrowing costs than other electric projects. It doesn’t have to be this way — if reactor vendors and construction companies helped share the project risks posed by nuclear plants, borrowing costs would be lower. It is also possible for the U.S. government to shoulder some of the risk — but after Solyndra, few legislators have an appetite for letting energy companies push their risks onto the taxpayer.
  • Next, the United States is going to have to adopt some form of carbon tax on electricity generation, or offer a comparable subsidy to the nuclear industry. An appropriately sized carbon tax of $20/ton CO2 would raise the cost of natural-gas-generated electricity by 0.7 cents/kWh, while having a negligible impact on nuclear power
  • And finally, the nuclear industry is just going to have to catch some luck and see natural gas prices rise. That’s a tall order, given the new resources being opened up by hydraulic fracturing and the slowed consumption of natural gas brought about by the recession. But it’s not entirely outside of the realm of possibility — the futures market for natural gas has been wrong before.
  • Nuclear power is down, but not out. With a proper R&D focus, good business practices, appropriate policy, and a little luck, the gulf that separates nuclear power from its competitors may yet be bridged.
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US Thirst for Fossil Fuels is Decimating Nature's Wildlife: Report [19Jan12] - 0 views

  • The day after the Obama administration rejected a proposal for the Keystone XL tar sands pipeline -- a move widely, if cautiously, applauded by environmental groups and advocates of renewable energy -- a new report highlights the destructive impact of fossil fuel consumption in the United States. The report, called Fueling Extinction: How Dirty Energy Drives Wildlife to the Brink, highlights the top 10 US species whose survival is most threatened by the development, extraction, transportation, and consumption of fossil fuels.
  • The report itself does not shy away from pointing its finger directly at the profit-driven aspect of the fossil fuel industry, nor its dependence on taxpayer-funded subsidies:
  • The animals (and one plant) highlighted by the group range from the relatively unknown and small Tan Riffleshell, a freshwater mussel found in only five rivers in the eastern US, to the large and majestic Bowhead Whale, believed to be among the oldest mammals on earth and the only whale that lives exclusively in arctic waters.  The other eight species examined in the report include: the Dunes Sagebrush Lizard, the Graham’s Penstemon (a wildflower), the Greater Sage Grouse, the Kemp’s Ridley Sea Turtle, the Kentucky Arrow Darter, the Spectacled Eider, the Whooping Crane, and the Wyoming Pocket Gopher. Receiving the 'activist's choice award' from the voting members was the Polar Bear, chosen because it was "the species they were most concerned about."
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Changing Energy Trends Across The Globe: Overview Australia - 0 views

  • , Dan Hansen from Repower Australia, concluded that Australia will only be able to support a maximum of three or four turbine manufacturers in the years to come. Hansen spoke to Climate Spectator about the aggressive and cut throat competition in Australian market. A challenge which has evolved due to competitors bidding for contracts, which are to be awarded within the coming few months after being set back for a good two years. Hansen’s statements follow Suzlon’s announcement of operating in Australia under its newly acquired German subsidiary’s name, Repower.
  • In spite of reports of more than 15 wind turbine makers and more than 30 developers of wind farms actively functioning in Australia, Hansen believes that only the toughest ones would survive and do well. It will be hard for smaller wind turbine makers to survive in such a tough competition.
  • Even when considering a scenario where the existing trend of market of renewable-energy certificates continues up to 2014/15, if the certificates are to be delivered by, then, it would be necessary for the projects to be commissioned within the coming six to twelve months. This leads Hansen to hope that regulation of the projects would begin. He says that currently power deals cost around 90 USD per MWh. If they are to give rise to comfortable ROIs, most of the projects need to be sold for more than 100 USD per MWh.
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  • Dip in revenue predicted by Solco Solco, the solar company based in Washington, foresees a sudden dip in revenues for the financial year 2011. However, Solco sales figures bounced back up in September following a prominent fall in July and August 2011, and the company looks at it as a continual occurrence. But owing to the speedy expansion of its national division of solar products, Solco anticipates a fall in revenues to as low as USD 41 million in the year 2011/12, post a 56 percent jump hitting the mark of USD 53.7 Million in 2010/11.
  • t Solco’s record making profit figures in 2010/11 has stabilized the company’s financial standing which would take them safely across the deteriorating market phase. Solco says that it is acquiring several mid-sized projects across the country,
  • Predictions for solar panels Solar Panel makers are mostly expected to be faced with huge heaps of excess material in the next year, as many analysts predict considerably lower sales in 2012 following a rise of 40 percent in this year. According to this week’s report of Bloomberg New Energy Finance, prominent dips in the major European market subsidies translate into lower buying capacity in next year as compared to the current year. In contrast to 24.5 GW in 2011, installations would be very low to the tune of 23.8 GW in 2012, thereby increasing pressure on companies burdened with dipping prices and piling stocks.
  • Bloomberg New Energy Finance analyst Martin Simonek said that greater demand in 2011 as compared to last year has sustained many nations. It would be a different scenario in 2012. However, then again, different people predict differently. According to Simonek, 2011 installations could rise as high as 29.4 GW, whereas, 2012 could see installations from as low as the basic 23.8 GW to the towering 31.8 GW mark.
  • Goldman Sachs predicts a dip by 10 percent in 2012, bringing annual additional installed capacity down to 20.8 GW as compared to 19.6 GW predicted this year. While Vishal Shah, an analyst from Deutsche Bank predicts 21GW in 2011 and 25GW in 2012, silicon manufacturer Wacker Chemie foresees between 22GW to 26GW in 2011. Solar panel maker Yingli Green estimates it to be between 18 to 19 GW in 2011. Simonek of Bloomberg forecasts an increased demand in 2013, when developing and promising nations see a healthy competition in solar energy by way of introduction of low priced panels.
  • Hope In The Desert
  • Desertec, a highly anticipated and venturesome project that endeavours to aid the power industry in Europe with solar power deduced from the Sahara desert is expected to kick off its first ever power plant, worth USD 800 million, in Morocco.
  • Desertec will launch the first solar thermal 150 MW plant, the first one in the entire network worth USD 400 million. This would also mark the launch of solar PV, and wind provisions, spanning from Egypt to Morocco. The CEO of the project management company Dii, Paul van Son said in a Bloomberg interview that he is very certain that firm and permanent measures would be adopted in 2012. Owing to its stability, government support for expansion of renewable energy and connectivity to Europe through two cables running in the sea all throughout the Strait of Gibraltar, with free power of as much as 1000MW, Morocco would be tested for the first development.
  • many other nations in North Africa are far ahead of Desertec in executing projects of their own. There are some plants located in Egypt while others are being planned somewhere.
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Wind power growing in California [31Jan12] - 0 views

  • Wind energy now supplies about 5% of California’s total electricity needs, or enough to power more than 400,000 households.That’s the word from the California Wind Energy Assn., which said that California put up more new turbines than any state last year, with 921.3 megawatts installed. Most of that activity occurred in the Tehachapi area of Kern County, with some big projects in Solano, Contra Costa and Riverside counties as well.
  • The total amount of wind energy installations in 2011 created a banner year for wind generation in California and is helping to drive California closer to reaching its goal of 33% renewable energy,” said Nancy Rader, executive director of the California Wind Energy Assn.  Wind capacity in the Golden State has doubled since 2002. With a total of nearly 4,000 megawatts installed, California now ranks third nationwide, behind Texas and Iowa.
  • To keep the wind at their backs, industry proponents are stumping in Congress for an extension of federal production tax credits to keep the turbines coming. Those credits expire at the end of this year. The industry’s pitch: Wind is clean and abundant, reduces U.S. dependence on foreign oil and creates American jobs.But it remains to be seen how enthusiastic lawmakers are about extending the breaks. Pressure is growing in Congress to cut the deficit and trim subsidies. The controversy over Solyndra didn’t help either. The Fremont, Calif., solar panel maker filed for bankruptcy protection last year after receiving more than a half-billion dollars in federal loan guarantees. That has soured some pols on renewables.
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