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).

:}

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

:}

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).

:}

Go there and read. More next week.

:}

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”:

:}

Go there and read gleefully. More next week.

:}

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.

:}

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

:}

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.”

:}

Go there and read. More next week.

:}

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.

:}

Go there and read. More next week.

:}

The End Of The War On Coal – Hahahahahahahaha

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.

:}

Go there and read. More next week.

:}

Navajos Should Deal With The Coal Problem – Retrain your workers

I have always said that the solution to coal and natural gas was to retrain those workers for green technologies and move them on. Here is a perfect example of a culture that controls its resources and could do just that. But they don’t get it. Wake up Navajos!

http://www.utilitydive.com/news/utilities-vote-to-close-2250-mw-navajo-plant-largest-coal-generator-in-we/436222/

Utilities vote to close 2,250 MW Navajo plant, largest coal generator in western US

Dive Brief:

  • Four utilities led by plant operator Salt River Project have decided to shutter the coal-fired Navajo Generating Station (NGS) near Page, Ariz., by 2019. The 2,250 MW plant is the largest coal generator in the western United States.
  • Competition from inexpensive natural gas generators means electricity from NGS is already more expensive than wholesale power prices, the utilities said in a release, a trend that’s not expected to reverse in coming years. The decision is the second major coal shuttering announcement in less than a month.
  • The deal announced this week aims to maintain employment at the plant for almost three years, while also preserving revenues for the Navajo and the Hopi tribes. It also allows the Navajo Nation or others to continue operating the plant beyond 2019, though the current group of owners will not be involved.

:}

Go there and read. More next week.

:}

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

:}

Go there and be horrified. More next week.

:}

 

 

Rolling Back CAFE Standards – This is a real real bad idea

I have said for awhile that the US would survive the Trump Era. Apparently it is going to be expensive for us and the planet. Hopefully this will limit Trump to one term.

https://www.forbes.com/sites/energyinnovation/2017/03/06/rolling-back-fuel-efficiency-standards-would-cost-americans-800-billion-add-six-billion-tons-co2/#54beb2e33642

Rolling Back Fuel Efficiency Standards Would Cost Americans $800 Billion, Add Six Billion Tons CO2

The Trump Administration has signaled its intent to roll back existing federal fuel efficiency targets of 54.5 miles per gallon for model year 2022-2025 cars and light trucks, a move endorsed by U.S. auto dealers and auto manufacturers. But going in reverse on fuel efficiency would be a terrible deal for American drivers that would cost the economy approximately $800 billion while adding nearly six billion tons of carbon dioxide to the atmosphere by 2050.

Energy Innovation utilized the Energy Policy Simulator (EPS) to analyze the effects of lowering U.S. fuel efficiency standards. The open-source computer model estimates economic and emissions impacts of various energy and environmental policy combinations using non-partisan, published data. It is freely available for public use through a user-friendly web interface or by downloading the full model and input dataset.

Our analysis compared a business-as-usual (BAU) scenario (based on existing policies as of mid-to-late 2016, including the existing fuel efficiency standards) to a scenario that freezes fuel efficiency for new passenger cars at 2017 levels

:}

Go there and read. More next week.

:}