FirstEnergy Cries For Help – Oh Daddy big government please help little me

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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Finally A Place To Put Nuclear Waste – Shut up environmentalists

I have said for 30 years, storing nuclear waste onsite is dumb and dangerous. Especially at nuclear power plants. Yes the waste is dangerous and proper precautions must be taken. YES accidents will happen. But how many Fukushimas do you want to see. Melt downs and other disasters are really really bad, but how much worse are they with 1000s of tons of radioactive waste present. Yes, I think they should open Yucca Mountain as well.

https://www.forbes.com/sites/jamesconca/2018/03/06/will-we-actually-get-a-place-to-store-our-nuclear-waste/#283213a023a0

 

Will We Actually Get A Place To Store Our Nuclear Waste?

, I write about nuclear, energy and the environment

It certainly looks like it. At the end of February, the United States Nuclear Regulatory Commission accepted Holtec International’s license application for its proposed consolidated interim storage facility for spent nuclear fuel, called HI-STORE CIS.

To be located in southeastern New Mexico near Carlsbad, the facility would store spent nuclear fuel, which is better referred to as slightly used nuclear fuel, until a final disposal facility is built or until we build our new fast reactors that will burn it, or we recycle it into new fuel.

Reactor fuel usually spends five years in the reactor, after which about 5% of the energy in the fuel is used, but fission products of the reactions have built-up to the point where the fuel must be replaced. After leaving the reactor, the spent fuel usually spends about 5 years in spent fuel pools of water, until heat and radiation have decreased sufficiently to allow the fuel to be passively cooled in a dry cask (see 1,2,3).

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Go there and read. More next week.

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Electric Utilities May Be Doomed – If they haven’t invested in renewables they better start

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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Are We Going To Die Of Thirst – Two views presented

I do not usually put up two opinions in one post. These are timely articles so I think it is important to hear both sides. One side basically says we are going to die. The other side says we will have to move ourselves or large amounts of water. You decide.

http://www.bbc.com/news/world-42982959

The 11 cities most likely to run out of drinking water – like Cape Town

  • 11 February 2018

Cape Town is in the unenviable situation of being the first major city in the modern era to face the threat of running out of drinking water.

However, the plight of the drought-hit South African city is just one extreme example of a problem that experts have long been warning about – water scarcity.

Despite covering about 70% of the Earth’s surface, water, especially drinking water, is not as plentiful as one might think. Only 3% of it is fresh.

Over one billion people lack access to water and another 2.7 billion find it scarce for at least one month of the year. A 2014 survey of the world’s 500 largest cities estimates that one in four are in a situation of “water stress”

According to UN-endorsed projections, global demand for fresh water will exceed supply by 40% in 2030, thanks to a combination of climate change, human action and population growth.

http://www.straitstimes.com/world/water-why-the-taps-run-dry

Severe water shortages around the world: Why the taps run dry

Published

Feb 13, 2018, 7:30 pm SGT

PARIS (AFP) – The world has abundant freshwater but it is unevenly distributed and under increasing pressure, UN agencies say, as highlighted by the severe shortages in Cape Town.

WATER, WATER ‘EVERYWHERE’

More than 97 per cent of the planet’s water is salty, most of it in the oceans and seas, but there is also a good supply of freshwater.

Every year around 42.8 trillion cubic metres of renewable freshwater circulates as rain, surface water or groundwater, according to the UN’s Food and Agriculture Organization (FAO).

This equals 16,216 litres per person per day – four times the amount required in the United States, for example, for personal and domestic consumption, industry and agriculture.

Depending on diet and lifestyle, a person needs between 2,000 and 5,000 litres of water a day to produce their food and meet their drinking and sanitation requirements, the FAO says.

About 60 per cent of the planet’s freshwater reserves is locked in the Antarctic.

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They don’t even agree on how much water we have. Go there and read a lot. More next week.

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Solar Panel Tariff Is Dumb – But then again look who issued the Executive Order

People have always said the Donald Trump was smart as a fox. Or that his antics distract from what he really wants, and that he ALways gets what he wants. It has even been said that he is like a major league hitter who whiffs sometimes but hits out of the park enough to have a great average. I think he is just a dumb ass with a lot of money to cover up his mistakes. This is such a doozy that ain’t no mount of money gonna make up for it. Even the conservatives agree.

http://www.nationalreview.com/corner/455704/solar-panel-washer-tariffs-trump-tariffs-hurt-consumers

The Corner The one and only. ‘Taking Us to the Cleaners’

by Veronique de Rugy January 24, 2018 1:36 PM

The title of this post comes from the great Don Boudreaux, professor of economics and a free-trade warrior, over at Cafe Hayek.

It is the perfect soundbite to the Trump administration’s decision to impose a penalty on Americans who buy foreign-made solar panels and washers. The administration, of course, doesn’t call it that. Instead, it calls it a 30 percent tariff of solar panels and imported washers to protect our domestic manufactures.

Here is what the the solar protection looks like: ” The solar trade protection — which applies to solar panels as well as cells, the piece of equipment that converts sunlight into electricity — is a 30% tariff in the first year, declining to 15% by a fourth year. The first 2.5 gigawatts of cells imported annually is exempt from the tariff.”

This is a perfect example of the profound deficiencies in the process that leads to applying a tariff, which I wrote about last week. The Wall Street Journal reports: “The solar tariff is a response to a petition filed at the International Trade Commission by two U.S.-based manufacturers — Chinese-owned Suniva, which filed for bankruptcy last year, and German-owned SolarWorld Americas, whose parent company filed for bankruptcy last year.”

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Go there and read. More next week.

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Can Beating Climate Change Be This Easy – I certainly hope so

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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Excelon’s Nukes Leak Radiation – This despite a 285 million dollar subsidy

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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Trump Fills The Swamp – 10 months in and Trump is the most corrupt President ever

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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Is Nuclear Power Dead – The resurgence that never was

This was supposed to be the New Dawn of Nuclear Power, but instead it looks like its the resurgence that never was. Talk about dinosaurs.  They even look like something from another age. It is still good money poured down a bad hole. Will they never learn. Large base load is done.

http://www.politico.com/states/florida/story/2017/08/02/sc-construction-shutdown-signals-floridas-nuclear-demise-critics-say-113735

South Carolina’s construction shutdown should signal Florida’s nuclear demise, critics say

TALLAHASSEE — The decision by South Carolina utilities to shut down a nuclear plant under construction should send a signal to other states, including Florida, that a supposed nuclear “renaissance” is over, critics said Tuesday.

Florida Power & Light Co. proposed building two new nuclear units at its Turkey Point power plant south of Miami, but the utility told the Public Service Commission in May that it plans to continue a planning “pause” while it seeks to learn from nuclear plants that were being built in South Carolina and Georgia.

The decision by SCE&G and Santee Cooper utilities to abandon construction in South Carolina nine years after starting shows that the Florida project is doomed, critics said. Duke Energy Florida in 2013 abandoned its plans to build a new nuclear plant in Levy County.

“I think for FPL and the people of Florida this is a time to say basically, wait a second what are we doing here?” said Stephen Smith, executive director of the Southern Alliance for Clean Energy.

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Go there and read the good news. More next week.

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Donald Blankenship – Serial Killer released from jail

It is true. He killed more people than Son of Sam and the Zodiac Killer and he got a year in jail. Why? Because he is a rich white and the death resulted from “mine safety violations”. So, you know, he never had a “direct hand” in their deaths. What a joke. He claims he lives in Las Vegas now, so I hope he wonders off in the desert and suffers a horrible death.

http://www.cbsnews.com/news/us-mine-blast-ex-coal-ceo-blankenship-at-end-of-prison-term/

US mine blast: Ex-coal CEO Blankenship at end of prison term

CHARLESTON, W.Va. — Former Massey Energy CEO Don Blankenship is finishing up a one-year federal prison sentence arising from the deadliest U.S. mine explosion in four decades.

According to the U.S. Bureau of Prisons website, Blankenship was set to be released Wednesday from a halfway house in Phoenix, Arizona. He must serve one year of supervised release.

“I’m glad he had time to reflect on the pain he caused,” former U.S. Attorney Booth Goodwin, whose office in Charleston prosecuted the case, said in a text message to The Associated Press ahead of Blankenship’s release. “I hope he used it wisely and will come out of prison ready to make amends.”

It wasn’t immediately clear where Blankenship will serve his supervised release. After his indictment, federal prosecutors indicated Blankenship owned homes in several states, and Blankenship said he lived in Las Vegas. A spokesman for the U.S. attorney’s office in Charleston referred questions to the federal Bureau of Prisons.

A bureau spokesman and Blankenship’s attorney, William Taylor, didn’t return requests for comment

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Go there and be horrified. More next week.

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