The Green Economy – This site thinks it is only a matter of time

This real cool site believes that because energy prices now must be factored into every business, the green economy is only a matter of time. I hope so.

http://www.thegreeneconomy.com/corporate-investing-in-a-time-of-record-cash/

Corporate Investing in a Time of Record Cash

How to invest in an evolving economy?

As businesses — many of whom have record levels of cash on hand —  look for new opportunities, readers and experts chime in on where to put corporate investments.

In a recession, business hold fast, reducing costs and overhead while waiting out the slow economy. The return of the economy heralds a return — often very much like to the one that existed before the recession — except with some new efficiencies.

The Great Recession is different.

By the start of this year, we saw businesses reaching the conclusion that business-as-usual was not going to happen. There is a realization that oil and energy prices are now fundamental to decision making at all levels. (One example is the auto industry, which fought fuel efficiencies for years. Now they are entering new markets with innovative cars, and bringing back buyers who have bought foreign for years.) Limitations in global outsourcing — including customer dissatisfaction and the costs of doing business abroad — are making board rooms re-examine policies once held as best practices. There is talk about supply-chain efficiencies that are broader and more complex than ever before. Companies with the technologies and skills to manage that process are becoming the new Google and the new Microsoft.

Amidst the on-going malaise at the federal level, states and local communities are moving ahead with water and air quality policies. Innovative leaders are leaping ahead of those regulations, developing new products that manage resources better, either in the manufacturing process or as used by consumers.

Yet, with all this opportunity, at the beginning of January, Reuters reported that Apple Computer (APPL) had $93 Billion in cash, as well as long and short term investments. In September of 2011, the Wall Street Journal reported that corporations had a higher share of cash on their balance sheets than at any time in nearly half a century, with the Federal Reserve reporting that non-financial companies had more than $2 trillion in cash and other liquid assets, up more than $88 billion from the end of March of last year.

 

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Go there and read. More tomorrow.

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The Green Economy – Why the world passes the United States by

I find this article to be both uplifting and sad. Uplifting for them and sad for us.

http://www.unep.org/greeneconomy/AdvisoryServices/SouthAfrica/tabid/79056/Default.aspx

South Africa’s Pathway to a Green Economy

National Green Economy Initiatives

South Africa’s New Growth Path announced in 2010 sets out critical markets for employment creation and growth, implying fundamental changes in structure of production to generate a more inclusive and greener economy over the medium to long run through macroeconomic and microeconomic interventions.

South Africa launched a US$ 7.5 billion fiscal stimulus package in February 2008 covering the period covering the period 2009-2011.  Around 11% of this stimulus package, representing US$ 0.8 billion was allocated to environmental-related themes.

The South African Government hosted a Green Economy Summit in May 2010, to set the stage for formulating a Green Economy Plan.

In November 2011, South Africa unveilled a Green Economy Accord to launch a partnership between the government, business community, trade unions and civil society.

The Green Accord is one in a series agreed under South Africa’s New Growth Path. It sets goals to create 300,000 new jobs in contribution to the New Growth Path’s objective of creating five million new jobs by 2020, and to double the country’s clean energy generation.

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Go there and read tons. It is a UN site after all. More tomorrow

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Utilities Go Trenchless – And cut costs

This is great news for the safety of the industry.

http://trenchlessinternational.com/news/advances_in_utility_location/004594/

Advances in utility location

Jo Parker

Trenchless International — October 2009

Advances in underground utility location could mean enormous savings – in economic, environmental and social terms. Here Jo Parker from Watershed Associates discusses some of the latest technological research and development emerging from the UK.

There are over four million kilometres of buried assets in the UK. At present, utilities make information about their buried assets available in a variety of methods including via websites, through telephone or written application, with a paper plan sent in response, or by marking out the location onsite. Collating these records can be a time consuming exercise and often the information has to be transferred by hand to another CAD system.

Even when a utility company uses the latest techniques to map its new assets, information on legacy services – which may have been installed decades earlier by a predecessor organisation – may be inaccurate or even non-existent. Pipes in older cities may be over 150 years old. Poor mapping techniques used at the time of installation and the practice of recording the pipe’s location relative to a physical feature that may no longer exist means the exact location of many of today’s networks are unknown. Although current surface location and detection techniques have improved in recent years, they are still of limited use, being both unreliable and slow to operate. As a result the only way to reliably identify the accurate position of any buried service is to excavate a trial hole.

Economic disruption

The direct cost of trenching and reinstatement work of UK highways for utilities is in excess of £1.5 billion per year. Part of this is attributable to holes excavated in the wrong location and damage to third party assets, which is estimated to be as high as £150 million. Although direct costs are high they are significantly lower than the societal costs, such as delays to road users, disruption to businesses and environmental damage which may be as high as £5 billion per year.

Article continues below…

 

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Go there and read boatloads. More tomorrow.

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What If We All Had The Energy Storage And The Efficiency Of The Astronaut’s Devices

While this post is all about cars and utility storage systems, the title for this blog is a lift from a question the author asks halfway through the article.

http://www.intelligentutility.com/article/11/06/power-storage-advances-unexpected-sources-renewable-energy-storage-kicked-high-gear

Power Storage Advances from Unexpected Sources: Renewable Energy Storage Kicked Into High Gear

James Cahalin | Jun 02, 2011

What do you think has a greater impact on society, a Bugatti Veyron Super Sport or a Tesla Roadster? Both have spectacular performance reviews, with the Super Sport setting top speed records. Both will turn heads driving down any road or even through any parking lot in the world. Both are truly engineering marvels.

However, the engineering accomplishments behind both vehicles will be dwarfed by the advances Tesla has made with its power storage devices. Let’s take a look at a few numbers for both vehicles (see table).

These numbers are astonishing. As a “car guy,” the opportunity to drive either of these vehicles would be amazing. However, as an energy professional, these numbers are even more astonishing.

Amazing Head Output

The Bugatti Veyron Super Sport was designed and built for one purpose — to set a new speed record. It is also what I like to refer to as a “straight-line car.” What I mean by that is simple: Even with that much horsepower and amazing technological advances, there are cars (and some cost under $100,000) that can beat the Super Sport around a race track.

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Go there and read. More tomorrow.

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Solar Flare Will Make Our Wires Sing – And maybe the power going out

The first time we got hit by one of these bad boys that we know of in the 1870s, the telegraph operators here in the US had to disconnect their batteries to prevent the batteries from catching fire. Yet the telegraph system still worked without their power. But for the major utility companies (eg. telecoms, electrical, water, natural gas etc.) this is a big deal and that is what we have been talking about here.

http://news.yahoo.com/earth-braces-biggest-space-storm-five-years-180341589.html

A pair of scorching explosions on the Sun’s surface is sparking the biggest radiation and geomagnetic storm the Earth has experienced in five years, space weather experts said Wednesday.

The full brunt of the storm is expected to hit Earth early Thursday US time and last through Friday, potentially disrupting power grids, GPS systems, satellites, and forcing airplanes to change their routes around the polar regions.

“Space weather has gotten very interesting over the past 24 hours,” said Joseph Kunches, a space weather scientist with the National Oceanic and Atmospheric Administration (NOAA).

The fuss began late Sunday at an active region on the Sun known as 1429, with a big solar flare that was associated with a burst of solar wind and plasma known as a coronal mass ejection that hurtled in Earth’s direction at some four million miles per hour (6.4 million kilometers per hour).

Another solar flare and CME followed at 0024 GMT on March 7, setting off a strong geomagnetic and solar radiation storm, both at level three on a five-step scale.

NASA said the second flare — classified in the potent X class — was one of the largest of this cycle known as the solar minimum which began in early 2007, and fell in just behind slightly stronger one which erupted in August.

“The current increase in the number of X-class flares is part of the sun’s normal 11-year solar cycle, during which activity on the sun ramps up to solar maximum, which is expected to peak in late 2013,” the US space agency said.

The solar flares alone caused brief high frequency radio blackouts that have now passed, according to NOAA.

But the ensuing space storm will likely give nighttime viewers in Central Asia a prime look at the aurora borealis, or northern lights, on Thursday night, in addition to possibly garbling some of Earthlings’ most prized gadgets, Kunches said.

The storm is likely “the strongest one since December 2006,” Kunches said, noting, however, that the Earth experienced a stronger radio blackout last August.

“But en masse, if you put it all together with the geomagnetic effects and the solar radiation effects, I would put it on par with one at the end of the last solar cycle which was over five years ago.”

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Go there and read. Google for additional solar flare information. More tomorrow.

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Wind And Solar Cheaper Than Coal – Or so says Michigan

Since we are in a Utility state of mind this week, the PSC of Michigan just released this report according to the folks at AWEA.

http://www.awea.org/blog/index.cfm?customel_dataPageID_1699=14546

Mich. Public Service Commission: Renewable energy cheaper than coal

Posted: 2012-03-02 Tom Gray

We often run “Fact check” articles on this blog when fossil-fuel-funded “experts” exaggerate the cost of electricity generated with wind power (for a particularly bald-faced recent example, see Fact check: American Enterprise Institute epic FAIL on study of wind costs, Feb. 29), but perhaps this one should be titled “Reality check.”

Reality: the Michigan Public Service Commission (PSC) recently issued a report that finds that electricity generated from renewable energy sources, at an average cost of $91 per megawatt-hour (9.1 cents/kilowatt-hour), is almost one-third cheaper than the cost of electricity from a new coal-fired power plant ($133 per MWh, or 13.3 cents/kWh).

Further, the report notes, “The actual cost of renewable energy contracts submitted to the Commission to date shows a downward pricing trend.  This was the case as of the filing of this report in February of 2011 and continues to be the case, as the two most recent contracts approved by the Commission for new wind capacity have levelized costs of $61-$64 per MWh.  This is significantly lower than the levelized costs of the first wind contracts submitted in 2009.” (emphasis added)

The report is one in a series required annually from the Commission to the state legislature, reporting on the impact of the state’s Renewable Energy Standard (RES), which requires utilities to obtain 10 percent of the electricity they provide from renewable energy sources by 2015.

Other highlights from the report:

– While utilities are allowed to charge customers extra for renewable energy, customers are also seeing savings due to wind.  Said the Commission, “While … surcharges have an impact on electric rates, there are also economic benefits attributable to an increase in renewable energy generation sources and improved energy efficiency. As noted in previous sections, the cost of energy generated by renewable sources continues to decline and is cheaper than new coal-fired generation.

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Go there and read. More tomorrow.

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Utility Sized Storage For Electricity Has Never Been A Problem

The alledged lack of utility size storage has always been the coal and gas minions excuse to the public for distrusting alternative forms of energy. It also has never been true. One of the easiest storage system was proposed in the 50s. That would be pumping water up hill to a reserve and then at night letting it run down hill through a turbine. This creates a complete energy loop that could in theory last forever. Another proposed in the 70s was to heat molten salts and then extract the heat later. The one that always excited me the most was actually proposed in several different places and times; and was actually proposed to capture lightening. All it is is a giant battery in the ground which uses the earth as an insulator. But now that the tech guys are getting into the act, I am sure the utility companies will just throw up their hands and toss in the towel.

http://cleantechnica.com/2012/02/18/new-flow-battery-does-that-cheap-energy-storage-thing/

 

New “Flow” Battery Does that Cheap Energy Storage Thing

February 18, 2012 By

Scientists on the lookout for utility-scale, high efficiency batteries are developing new “flow”systems that that store energy more effectively than lead-acid or lithium-ion batteries, but there’s a catch. The flow batteries in operation now are about the size of a house and they cost more than the equivalent in lithium-ion batteries. The race is on to find smaller, cheaper alternatives and researchers at Sandia National Laboratories believe that they are on to the solution, which is, in fact, a solution of liquid salts called MetILs.

The limits of lithium-ion for wind and solar

Lithium-ion batteries have been the gold standard of energy storage solutions for a long time, but they fall short when it comes to the utility-scale systems needed to keep up with new high efficiency wind turbines and advanced solar technology. The cost of lithium-ion batteries is one factor. Another is their relatively short lifespan, compared to flow batteries. According to Sandia chemist Travis Anderson, a flow battery can withstand about 14,000 cycles, which adds up to about 20 years of energy storage.

Flow battery basics

Flow batteries work by converting chemical energy into electricity. Stephanie Hobby of Sandia explains it thusly:

“A flow battery pumps a solution of free-floating charged metal ions, dissolved in an electrolyte — substance with free-floating ions that conducts electricity — from an external tank through an electrochemical cell to convert chemical energy into electricity.”

Flow batteries charge and discharge rapidly, and they have a long lifespan, but all is not perfect in flow battery land. The most promising systems so far use zinc bromine and vanadium, both of which are “moderately toxic” according to Hobby. In addition, the price of vanadium can spike wildly on the open market.

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Go there and read. More tomorrow.

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Being Frugal Can Be Funny – Or so it seems from this blog

This Blog on frugality is pretty funny and maybe not for the Joe Sixpack crowd. Things like Retiring In Panama may miss them. But the post about living on food stamps was pretty informative and funny.

http://www.debtfreebythirty.net/2012/02/festival-of-frugality-superheroes-are.html

Festival of Frugality: Superheroes Are Frugal Too Edition

Hello and welcome to the 325th edition of the Festival of Frugality. The Festival of Frugality highlights personal finance posts that deal with how to pinch those pennies or save that dollar.

I am a sucker for a theme for my festivals or carnivals and while I was tempted to do a leap year facts edition it just wasn’t exciting enough for my blood. So superheroes it is. Because what’s more exciting than superheroes? It also occurred to me that superheroes are quite frugal and who hasn’t sometimes thought that superpowers are needed to stay on the path of frugality.

Editor’s Super Picks

Smart Family Finance has pretty convincing financial reasons to get rid of your junk. There are so may reasons to get rid of your “junk”. It’s nice to have one that will put cash in your wallet too.

Annabelle from Shopping Detox gives her city a frugal audit. This really has me thinking about my own town.

A. Blinkin from Funancials entertains us as usual with how do you judge value?

 

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Go there and read about Wolverine and Batman at least. More next week.

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Frugality Amounts To Paring Your Life Back – To improve the quality

I say frugality is not giving up, it is getting back to what you want. Here the poster asks what is most important too you not what do you want now.

http://almostfrugal.com/

What Do You Want Most?

by Kelly

I found this quote on a fitness website (MyFitnessPal): “The reason most people fail instead of succeed is that they trade what they want the MOST for what they want at the MOMENT.”*

I’ve often fallen into that trap. I’m hungry, so even though I want to stay on my diet, I go through the drive through. I’m feeling down, so I go shopping for a new shirt, even though I want to stay on a budget. I’m tired, so instead of doing my consulting work, I read a book on my Kindle (or maybe even buy a new book instead of reading one of the many I already have).

In fact, figuring out what I want most, I think is one of the hardest things about goal setting. I know, intellectually, that I want to do/act/be a certain way, but I often feel like I have a hard time owning that feeling in a way that will help me commit to following through on the commitment over a long period of time.

My life is in transition here, both at Almost Frugal-land and abroad. I’ve been going through some growing and moving and changing for the past few months, and it’s been a bit of a bumpy ride. Things are good- no need to worry- but finding this quote today has helped me to sum things up.

I’m working on discovering what I want to happen most, not just what I want to happen in the moment.

What do you want to happen most?

*I don’t know to whom I should credit the quote- if you know, please leave the information in the comments.

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Go there and read. More tomorrow.

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The Frugality of Tin Foil – And so much more

To create tin foil takes tons of energy, so reusing it as many times as you can is the only thing that makes sense.

http://www.frugalvillage.com/2011/07/23/reuse-aluminum-foil/

Reuse aluminum foil

Frugal people sometimes get teased for reusing items. For example, you might save aluminum foil to reuse later. While some may find that idea silly, frugal people know there are plenty of ways to put foil to good use.
How have you reused aluminum foil? Here are a few suggestions.

DRYER BALLS:

Wad foil into balls that are approximately 3 inches in diameter and use them to reduce static in your dryer. You can wrap a tennis ball in foil, too.

POT SCRUBBER:

If you don’t like the dryer ball idea, you can wad the foil into a ball and use it to scrub pots and pans instead. One reader, Roxanne from West Virginia, shares: “That wadded-up foil will clean the barbecue grill, or at least take the bigger stuff off so you can clean the rack easier.” You can use the foil balls for cat toys or to scrub rust from chrome, too.

REMOVE WRINKLES:

A flat piece can be used on your ironing board under the fabric cover to reflect heat. This will make your ironing faster because both sides of your fabric will benefit from the heat.

PREVENT RUST ON STEEL WOOL PADS:

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Go there and read. More tomorrow.

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