FPL is bidding for Constellation

FPL Group has offered to purchase Constellation Energy for $11 billion, a premium of about 10% above its market capitalization as of the day before the offer on December 13, 2005. Today, the first full day of stock trading after the offer was made public, both Constellation and FP&L shares are higher; Constellation’s have increased […]

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Questioning the EIA base case scenario in the out years

As I dug more deeply into the Annual Energy Outlook 2006 mentioned in yesterday’s entry, I realized that the projection for nuclear capacity increases had a rather strange pattern. According to the report overview, the agency projects that nuclear generating capacity will increase by 9,000 MW by 2019. This includes a gradual addition of 3,000 […]

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US Energy Information Agency releases annual projection

The US Department of Energy’s Energy Information Agency has posted its early release of Annual Energy Outlook 2006. In recognition of major changes in the energy markets since last year there are several significant differences in what the agency calls its base case. World oil production is expected to grow at a slower rate than […]

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Great visit to Michigan ANS chapter meeting – December 8, 2005

Last Thursday night I had the pleasure of spending the evening with the Michigan chapter of the American Nuclear Society. Despite the cold and snow, there was a good turnout and I had the chance to speak to a number of friendly and interested people during the pre dinner attitude adjustment period. Following the dinner, […]

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BBC photos of Luton airport fuel depot fire

The BBC has collected some photos from the Luton airport fuel depot fire at http://news.bbc.co.uk/1/hi/in_pictures/4518026.stm These images are rather incredible. Take a good look and think about how pleasant it must be to live under that black, billowing smoke. Imagine if the fire was taking place in the coal stacked up next to your local […]

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BusinessWeek cannot be serious!

In the December 12, 2005 issue of BusinessWeek magazine, there is a “Special Report” titled Business gets serious about emissions. The article talks about a number of initiatives, actions, technologies, policies, and regulations related to the issue of reducing greenhouse gas emissions in the face of almost certain cost increases attributed to global climate change. […]

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Google worried about power costs – they need atomic engines

CNET News published a story on 9 December 2005 titled Power could cost more than servers, Google warns. A Google engineer published an article in the September issue of Association for Computing Machinery’s Queue. He warned that power might eventually cost more than the hardware itself, which is quite a concern for an organization with […]

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Pro and anti nuclear activists argue in Montreal

Ronald Baily of Reason Magazine published a story on Tech Central Station titled TCS COP 11 Coverage: Nuclear Explosion at Montreal. Apparently there was quite a heated discussion during a session at the Montreal Climate Change Conference Conference of Parties. (Note: Those last three words is where the COP comes from; the 11 means that […]

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