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2019 Annual GWPF Lecture – Prof Michael Kelly – Energy Utopias and Engineering Reality
2019 Annual GWPF Lecture – Prof Michael Kelly – Energy Utopias and Engineering Reality https://youtu.be/ehjysg8WkBQ
Why every state is vulnerable to a Texas-style power crisis
Why every state is vulnerable to a Texas-style power crisis “The infrastructure we have built right now really isn’t ready.” Power outages in Texas after Winter Storm Uri left millions in the dark. Such outages are a growing threat throughout the country. Thomas Ryan Allison/Bloomberg via Getty Images The blackouts that gripped parts of Texas for days as […]
Fossil Fuels Are Wildly More Expensive Than Previously Thought, Study Says
Fossil Fuels Are Wildly More Expensive Than Previously Thought, Study Says Overinflated fossil fuel investments might be a ‘worthless’ bubble waiting to trigger the next crash, while renewables seem more appealing than ever. IMAGE: LUKAS SCHULZE/GETTY IMAGES) A new study finds that conventional electric power plants powered by fossil fuels and hydro are massively overvalued by […]
Exxon (XOM) Finds No Oil at Bulletwood-1 Well in Offshore Guyana
Exxon (XOM) Finds No Oil at Bulletwood-1 Well in Offshore Guyana ExxonMobil Corporation XOM and partners drilled a dry well at the Bulletwood-1 offshore well in the Canje Block, positioned 180 kilometers off the coast of Guyana. The company mentioned that it failed to discover commercial quantities of oil at the Bulletwood-1 well, which is the […]
Science : No single or combination of alternative energy resources can replace fossil fuels
Science : No single or combination of alternative energy resources can replace fossil fuels Preface. Even though this research was from 2002, it is still true today. There simply are no replacements for the fossil fuels that power our civilization. If only scientists could violate the laws of thermodynamics and physics. Even if there were […]
Happy Days At The Gas Pump Are Over As Prices Soar
Happy Days At The Gas Pump Are Over As Prices Soar When the virus pandemic first hit early last year, Americans were locked down in their homes as gasoline demand plunged and prices crashed. Last April, the nationwide average for gasoline was around $2. According to AAA, prices are surging nationwide, up 32 cents in the previous […]
Lifespan of infrastructure, transportation, and buildings
Lifespan of infrastructure, transportation, and buildings Preface. What follows is from the International Energy Agency 2020 report “Energy technology perspectives” on how to transition to net zero emissions by 2050. This might require the replacement of just about everything, since power plants, steel blast furnaces, cement kilns, buildings, trucks, cars, buses and more that run […]
Electricity Sales to End Users Dropped Below 2008 Level: What it Says about the Pandemic Economy, Households, Commercial & Industrial Activity, and Public Transportation
Electricity Sales to End Users Dropped Below 2008 Level: What it Says about the Pandemic Economy, Households, Commercial & Industrial Activity, and Public Transportation In 2020, by source, coal collapsed to record low, natural gas dominated, wind and solar surged, while hydro and nuclear remained roughly flat. Electricity sales to all end users in the […]
Is The World About To See An Oil Shortage?
Is The World About To See An Oil Shortage? It’s possible we could be headed for a shortfall in global oil supply as soon as next year – pretty remarkable considering where oil demand was last spring, with economies slowing under the weight of the pandemic. Based on projected rising demand, the natural production decline […]
Social innovation for a just transition to sustainability
Social innovation for a just transition to sustainability At a time of climate emergency and rapid biodiversity loss, the need for transformation to a more sustainable economy and society becomes ever more urgent. Rapid change requires social innovations of different types and at different scales, Prof Fergus Lyon writes ahead of the #ISIRC2021 conference—a just transition […]
On a finite planet, maintaining endless economic growth is not a viable option
On a finite planet, maintaining endless economic growth is not a viable option Cooperative conservatism could help to get us off growth with minimum pain and maximum gain, says Richard Heinberg. — Richard Heinberg “Both the U.S. economy and the global economy have expanded dramatically in the past century, as have life expectancies and material progress. […]
Brace For Oil Surge: Saudi Oil Tank In Ras Tanura Port Hit In Houthi Drone Attack
Brace For Oil Surge: Saudi Oil Tank In Ras Tanura Port Hit In Houthi Drone Attack It’s not as if oil – the best performing class of 2021 – behind bitcoin of course – needed any more reasons to surge higher (for the latest tally please read “Saudis + Commodity Funds = Energy Stock Explosion“), […]
Oil Flirts With $70 After The OPEC+ Surprise
Oil Flirts With $70 After The OPEC+ Surprise Brent is now flirting with the $70 mark after OPEC+ shocked markets once again by refusing to bring more oil production online. In this week’s Global Energy Alert, our trading team delves into how an inflationary environment will impact oil stocks. Sign up today to get breaking news, expert […]
Utility scale energy storage limited by minerals and geography
Utility scale energy storage limited by minerals and geography Preface. Natural gas is finite, but aside from (pumped) hydropower, natural gas is the main way wind and solar are balanced now. Therefore, a tremendous amount of energy storage will be needed in the future as natural gas declines. The current total energy storage capacity of […]
