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  • Rethinking Nuclear Power – Lesson 4 is now posted

    A couple of weeks ago, I mentioned Robert Hargraves’s Rethinking Nuclear Power course and pointed out how to find it. In the intervening weeks, I have taken on a new job within the Navy and have also taken a short Florida vacation. Quite frankly, I had forgotten about the course until I noticed a reminder…

  • Should Exxon remain a petroleum and petrochemical company, or become an energy company?

    There is nothing like high retail gasoline prices to get Americans talking about energy issues. Even some of the American aristocracy – members of the Rockefeller family -are taking advantage of the current interest to try to gain more support for a shareholder initiative suggesting a change in ExxonMobil’s corporate structure. Since about 2003, certain…

  • Rhode Island's Public Utilities Commission Rejects Off-shore Wind Project – 24.4 cents per kilowatt hour (plus 3.5% per year "inflation") is just too expensive

    The Rhode Island Public Utilities Commission has rejected a power purchase agreement negotiated by Deepwater Wind and National Grid. Their justification is that the agreement did not meet the required standard in state law that a power production project be “commercially reasonable”. The agreement, which was for the output of 8 large turbines installed off…

  • Warren Buffett versus Amory Lovins

    An article from the June 23, 2005 edition of Forbes Magazine was titled Buffett Still Power Hungry. Here is a quote from that article: Buffett also said that Berkshire is looking at new-generation nuclear power plants with an “open mind.” While Buffett has spoken positively about the utility and pipeline segments of the energy business…

  • IEA warns against gas cartel

    Claude Mandil, Executive Director, International Energy Agency, has warned gas exporting countries that forming an OPEC like cartel would harm their business. I think that his logic is interesting: Mandil said that gas, unlike oil, competes with other energy sources such as coal, nuclear and renewables in power generation and heating, giving consumers alternatives. “If…