The possibility of a rapprochement in nuclear talks between the US and Iran – though they did not produce a deal – had fueled a degree of oil market optimism about Iran’s reinstatement as a global oil supplier. But even if negotiations had proved successful, political and logistical hurdles would likely have stalled any significant return… Keep reading →
Nuclear
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We will never sell or share your information without your consent. See our privacy policy.Coal, renewables, nuclear and decreased year-on-year electricity demand are all eating into US natural gas-fired power generation. Increased installed wind power capacity played a major role, as developers rushed to achieve project eligibility ahead of scheduled end-2012 PTC expiration, according to Genscape data. “Year-to-date gas-fired generation continues to trail 2012 by 13%. It has lost… Keep reading →
Microsoft’s announcement yesterday that it had signed a 20-year agreement to buy all of the 110 megawatt Keechi wind farm’s electricity production marks a big step for the company in going “carbon neutral” through the purchase of wind and solar power. Its rival Google is way ahead, having invested more than $1 billion in wind and… Keep reading →
New Navy vessel has a 78 megawatt power plant – more power than any existing US non-nuclear ship. WASHINGTON: To boldly go in a revolutionary ship where no one has commanded before. Why the clumsy Star Trek reference? Because the Navy’s newest, stealthy, most radical ship, the USS Zumwalt, will be commanded by the fabulously named… Keep reading →
Transmission Projects to Reduce Dependence on Indian Point Reactors
By Energy Solutions ForumThe New York Public Service Commission has approved new power lines as part of its Indian Point contingency plan. On October 17, 2013, the New York State Public Service Commission (PSC) approved three transmission projects to maintain grid reliability if Indian Point Energy Center (IPEC) closes due to license expiration in 2015. IPEC’s nuclear reactors,… Keep reading →
Ken Silverstein does a nice overview of the debate about whether natural gas helps or hurts climate change mitigation efforts. US carbon dioxide emissions are down, but “inexpensive [natural gas] deposits coupled with the relative ease of building new gas plants has come at a price — the foregoing of other fuels.” [Forbes] Large energy… Keep reading →
As the United States moves closer to imposing an economic cost on carbon dioxide emissions in the form of emissions limits on power plants, there will be a shift in the ranking of fuels that are most economic for power generation. And while nuclear’s future is looking more promising, it is not certain that it… Keep reading →
Oil prices had risen on hopes of a US debt deal….but have dipped again since a deal was reached. “U.S. futures slid to their lowest since early July, as stockpiles in the Cushing, Oklahoma oil hub reversed a months-long decline and as signs of progress in talks over Iran’s nuclear program pressured prices.” [Reuters] Petrobras workers are striking to protest foreign… Keep reading →