masters of the universe


This is what happens in a transitional economy. All the big brave tough bullies, Captains of Industry, turn into silly whiny little sissies begging for handouts. Isn’t life interesting. And no, this is not an April Fools Joke.

https://arstechnica.com/tech-policy/2018/04/coal-nuclear-plant-operator-files-for-bankruptcy-asks-trump-for-a-bailout/

business cycles —

Coal, nuclear plant operator files for bankruptcy, asks Trump for a bailout

FirstEnergy’s request comes after regulator struck down an industry-wide bailout plan.

On Saturday, power corporation FirstEnergy placed its coal and nuclear generation units under chapter 11 bankruptcy. Although coal and nuclear plants across the country have struggled to compete with the low prices of natural gas, FirstEnergy’s filing is unique because it stands to take on a political dimension. Just two days before FirstEnergy’s bankruptcy filing, the company petitioned the Department of Energy (DOE) for an emergency bailout, citing concerns about reliability.

The petition could reinvigorate a debate started by Energy Secretary Rick Perry, who proposed a rule last year to change how coal and nuclear plants are compensated for their power. The rule was denied by the Federal Energy Regulatory Commission (FERC), which said that there was not enough evidence to justify changing how coal and nuclear are compensated.

FirstEnergy disparaged FERC’s decision in its Thursday petition (PDF), claiming that “as a result of FERC’s and the RTO’s [Regional Transmission Organization’s] failure to address this crisis, swift and decisive action is needed now to address this imminent loss of nuclear and coal-fired baseload generation and the threat to the electric grid that this loss poses” (emphasis FirstEnergy’s).

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Go there and laugh your asses off. More next week.

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Solar and Wind Power are on a huge tear. This is both in price, where coal is dead and natural gas is getting iffy. But in terms of availability and cutting edge technology. I see a future where generating electricity through renewables may be a same day thing and cheap as dirt. I know I am a dreamer but I am not the only one.

By the way, some people say that size doesn’t matter. I ain’t one of those.

SOLAR BLANKET

What Saudi Arabia’s 200 GW solar power plant would look like—if placed in your neighborhood

Obsession

Energy Shocks

April 01, 2018

Saudi Arabia has a plan to wean its economy off oil. In the biggest sign of what the future of the Gulf state would look like, Saudi Arabia’s crown prince, Mohammed Bin Salman, has signed a memorandum of understanding with Japanese multinational Softbank to build 200 GW of solar power by 2030 at a cost of $200 billion.

These are eye-popping numbers. If built, that solar-power plant will be about 200 times the size of the biggest solar plant operating today. It would more than triple Saudi Arabia’s capacity to produce electricity, from about 77 GW today.

With current technology, solar panels capable of generating 200 GW would likely cover 5,000 sq km—an area larger than the the world’s largest cities.

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No it is not an April’s Joke. Go there and read. More next week.

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The real important point from this article for me is that, ‘The die was cast around 1998, when GDP growth and electricity demand growth became “decoupled”’. In other words, for the last 2o years the utilities should have been investing in renewables and they did not. The point being that renewables are easier to turn “off” when you do not need them. If the utilities start investing heavily now in renewables they may survive. It is a horse race at this point.

https://www.vox.com/platform/amp/energy-and-environment/2018/2/27/17052488/electricity-demand-utilities

The US electricity sector is in a period of unprecedented change and turmoil. Renewable energy prices are falling like crazy. Natural gas production continues its extraordinary surge. Coal, the golden child of the current administration, is headed down the tubes.

In all that bedlam, it’s easy to lose sight of an equally important (if less sexy) trend: Demand for electricity is stagnant.

Thanks to a combination of greater energy efficiency, outsourcing of heavy industry, and customers generating their own power on site, demand for utility power has been flat for 10 years, and most forecasts expect it to stay that way. The die was cast around 1998, when GDP growth and electricity demand growth became “decoupled”:

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Go there and read gleefully. More next week.

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Sorry this is so late but the Christmas Season collided with my volunteering at Dana Thomas House which collided with the death of my dear friend Bob Paddack. Plus my car developed a penchant for flat tires. So I have been breathless. I could have ended on a downer note by posting about dumbass 45’s attempts to repeal regulations put in place after the Deep Water Horizon’s humongous oil spill, but that is insane so without further ado.

http://www.sciencemag.org/news/2017/06/switzerland-giant-new-machine-sucking-carbon-directly-air

In Switzerland, a giant new machine is sucking carbon directly from the air

Originally published by E&E News

The world’s first commercial plant for capturing carbon dioxide directly from the air opened yesterday, refueling a debate about whether the technology can truly play a significant role in removing greenhouse gases already in the atmosphere.

The Climeworks AG facility near Zurich becomes the first ever to capture CO2 at industrial scale from air and sell it directly to a buyer

Developers say the plant will capture about 900 tons of CO2 annually — or the approximate level released from 200 cars — and pipe the gas to help grow vegetables.

While the amount of CO2 is a small fraction of what firms and climate advocates hope to trap at large fossil fuel plants, Climeworks says its venture is a first step in their goal to capture 1 percent of the world’s global CO2 emissions with similar technology. To do so, there would need to be about 250,000 similar plants, the company says.

“Highly scalable negative emission technologies are crucial if we are to stay below the 2-degree target [for global temperature rise] of the international community,” said Christoph Gebald, co-founder and managing director of Climework

 

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Happy New Year everyone. Go there and read. More next week.

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In other words they try to get out of their obligations by appearing to be generous. No Nuke has been built in the U.S. in 40 years because they are financial death traps. It takes a “modernizing” economy to support such a massive waste of time and money. And of course ignore safety concerns when regulation is lax. Now they want to give away a partially built plant. What the hell is North Carolina gonna do with that?

https://www.postandcourier.com/business/utility-offers-abandoned-s-c-nuclear-site-to-santee-cooper/article_ac93346a-de86-11e7-9805-33c5e015ebec.html

top story

Utility offers abandoned S.C. nuclear site to Santee Cooper

  • Associated Press

COLUMBIA — The parent company of South Carolina Electric & Gas Co. is offering the site of a failed nuclear reactor project to the state-owned utility Santee Cooper.

SCANA has proposed giving the Fairfield County site to Santee Cooper so the project could be preserved and perhaps finished at some point in the future, The State newspaper reported.

SCE&G and Santee Cooper abandoned their joint effort July 31 after spending more than $9 billion, both blaming the failure on the bankruptcy by principal contractor Westinghouse. SCE&G customers have been charged nearly $2 billion toward interest on the company’s debt, via a series of rate hikes since 2009, without any power being generated.

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Go there and read the scam. More next week.

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I thought about posting a story about how cheap alternative energy has become, especially wind power. Much cheaper than coal. I also considered posting a story about how Costa Rico ran its entire country on renewable energy for 300 days or even about the energy plight of Puerto Rico. But I fought against the subsidies for Excelon because the nukes are dangerous boondoggles and because the lost jobs could be replaced with renewal energy jobs. This proves that the State of Illinois wasted 285 million dollars on this crap. I am infuriated.

http://www.stltoday.com/news/local/illinois/investigation-radioactive-leaks-at-illinois-nuclear-plants/article_5afd12ac-e54b-5b20-be98-b72233c1075c.html

Investigation: Radioactive leaks at Illinois nuclear plants

  • By Brett Chase and Madison Hopkins • Better Government Association

Radioactive waste continues to pour from Exelon’s Illinois nuclear power plants more than a decade after the discovery of chronic leaks led to national outrage, a $1.2 million government settlement and a company vow to guard against future accidents, an investigation by a government watchdog group found.

Since 2007, there have been at least 35 reported leaks, spills or other accidental releases in Illinois of water contaminated with radioactive tritium, a byproduct of nuclear power production and a carcinogen at high levels, a Better Government Association review of federal and state records shows.

No fines were issued for the accidents, all of which were self-reported by the company.

The most recent leak of 35,000 gallons occurred over two weeks in May and June at Exelon’s Braidwood plant, southwest of Chicago. The same facility was the focus of a community panic in the mid-2000s after a series of accidents stirred debate over the safety of aging nuclear plants.

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Go there and read. More next week.

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This is a really really long good article. So I am going to shut up and let you read. I have not felt this good in a long time.

https://www.platts.com/latest-news/electric-power/london/feature-china-and-the-new-energy-economy-26831057

Feature: China and the New Energy Economy

London (Platts)–31 Oct 2017 1239 pm EDT/1639 GMT

There is an increasingly inescapable sense that an energy transition of enormous proportions is taking place. The number of ‘bans’ announced on Internal Combustion Engine (ICE) vehicles is growing, even if governments are placing them relatively far out on the political horizon.

More and more car manufacturers are taking note and shifting R&D spending into Electric Vehicles (EVs), a move which has profound implications for the development curves, and thus future cost, of EVs versus ICE vehicles.

In October, US automaker General Motors said that it would launch two new pure electric models in 2018 and a further 18 by 2023.

Its competitor Ford announced the creation of a new internal team to “think big and move fast” in order to accelerate the electrification of its auto production. Both are some way behind their European counterparts.

It is not hard to see why such decisions are being made now. While the number of EVs on the road remains just a fraction of the total parc, global sales are growing by about 40% year-on-year, making EVs the biggest growth story in the auto market in decades.

And, if governments are going to regulate against ICE vehicles and subsidize EVs, thereby changing the consumer choices which otherwise might be made, then what other path is there to tread?

CHINESE WHISPERS

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Go there and read. Rejoice. More next week.

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Really? No Bid. Nothing. We had experience in the mountains and no one else wanted the contract. That is all they have to say? A company from the Secretary of Interior’s hometown. Zinke had nothing to do with it? WHAT!

https://www.washingtonpost.com/national/small-montana-firm-lands-puerto-ricos-biggest-contract-to-get-the-power-back-on/2017/10/23/31cccc3e-b4d6-11e7-9e58-e6288544af98_story.html?utm_term=.f40f2a9969f7

Small Montana firm lands Puerto Rico’s biggest contract to get the power back on

October 23

For the sprawling effort to restore Puerto Rico’s crippled electrical grid, the territory’s state-owned utility has turned to a two-year-old company from Montana that had just two full-time employees on the day Hurricane Maria made landfall.

The company, Whitefish Energy, said last week that it had signed a $300 million contract with the Puerto Rico Electric Power Authority to repair and reconstruct large portions of the island’s electrical infrastructure. The contract is the biggest yet issued in the troubled relief effort.

Whitefish said Monday that it has 280 workers in the territory, using linemen from across the country, most of them as subcontractors, and that the number grows on average from 10 to 20 people a day. It said it was close to completing infrastructure work that will energize some of the key industrial facilities that are critical to restarting the local economy.

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SIGH. Go there and read. More next week.

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The head of the EPA, Scott Pruitt, announced in Tennessee that the “War On Coal” was over. This during his announcement that the EPA was with drawing the Clean Power Plan proposed by the Obama Administration. What a joke this administration is. They accuse the former head of the EPA, Gina McCarthy ,  of picking winners and losers. Well guess what? They have already been picked. Coal lost.

http://www.dallasnews.com/opinion/editorials/2017/10/09/texas-monticello-power-plant-closes-signaling-undeniable-shift-natural-gas-renewable-energy

Texas’ Monticello power plant closes, signaling the undeniable shift to natural gas and renewable energy

Dallas Morning News Editorial

If there were any remaining doubts, the age of coal is over and the era of natural gas and renewables is officially here.

Luminant’s decision last week to shut its Monticello Power Plant near Mount Pleasant, one of Texas’ largest and dirtiest coal-fired electricity plants, is a prime example of this shift. The plant’s pending closure in January is a win for clean air and the result of the new economics of energy that renders coal-fired power plants like the Monticello facility cost-prohibitive relics.

This is particularly true in Texas: Hydraulic fracturing has made natural gas production cleaner and cheaper than coal.  Each year, electricity from the sun and wind contribute more megawatts to the state’s power grid. The state’s deregulated electricity market increases competition, which leaves costly, emissions belching coal-fired power plants like Monticello on the wrong side of a historic transformation.

We’re pleased that Luminant took this step after a year-long review of its operations. A decade ago, this editorial board helped lead the charge against the former TXU Corp.’s plan to build about a dozen coal-fired power plants in the state.

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Go there and read. More next week.

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This is not CES’ stuff. Sure, I am sure the building is energy efficient and well thought out but, I include this post because I saw the movie. I was so impressed. NASA put her in a building with no “Blacks Only” bathroom. So every day she would have to spend a half hour or more getting to the bathroom and back. Yet she got our white male astronauts to and from the moon with no complaints. WOW is all I can say. Please read the book and see the movie.

NASA Dedicates Building to Hidden Figures Heroine Katherine Johnson

When NASA’s Langley Research Center built its newest, state-of-the-art research facility in Hampton, Va., it was only right that they named it after Katherine Johnson, the NASA engineer and subject of the book and Oscar-nominated film Hidden Figures.

“You want my honest answer? I think they’re crazy,” the 99-year-old math genius said when she heard about the naming of the Katherine G. Johnson Computational Research Facility. The building was dedicated on Sept. 22 in a ribbon-cutting ceremony attended by Virginia Gov. Terry McAuliffe and students from Black Girls Code and the 21st Century Community Learning Centers program.

The $23 million, 37,000-square-foot data center is named after Johnson, who broke the glass ceiling for black women in the space program. In 2015 Johnson was awarded the Presidential Medal of Freedom for her work as a trailblazer in the space program.

 

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Go there and read. More next week.

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