Economics

  • TV series marathon – Men Who Built America

    I took advantage of circumstances and technology last night to indulge in a TV series marathon consisting of watching the entire season of the 2012 History Channel series titled The Men Who Built America. Though originally aired in 19 episodes, Netflix is showing series as four 80-90 minute segments. One of the most eye-opening things…

  • Energizing visit to UC Berkeley’s Nuclear Engineering Department

    On Feb 9, 2015, I had the opportunity to visit the faculty and students at the University of California Berkeley. Prof. Per Peterson invited me out to give a colloquium talk and to see some of the interesting work that his colleagues and students were doing in advanced nuclear technology. One of the primary research…

  • Power In New England: Why are Prices Increasing so Rapidly?

    On October 20, IBM announced that it was spinning off its chip division by paying GlobalFoundries $1.5 billion. GlobalFoundaries appears to have won the deal with its geographic position of owning fabrication facilities in New York as well as in Germany and Malaysia. The move didn’t surprise many, as there have been rumors that IBM…

  • Paterson’s plan for CO2 emission reductions

    Owen Paterson, who served as the UK’s environment secretary until a cabinet realignment during the summer of 2014, is planning to begin advocating a dramatic course change for his country’s energy policy. Instead of the wind-heavy plan that was developed by the Department of Energy and Climate Change (Decc) in order to attempt to implement…

  • Antinuclear activists are too modest

    Jim Conca has published a couple of recent posts on Forbes.com about the premature closure of nuclear power plants in the United States. One titled Are California’s Carbon Goals Kaput? focuses on some of the environmental aspects of the San Onofre debacle; the other, titled Closing Vermont Nuclear Bad Business for Everyone focuses on the…

  • Purposeful price pumping by constraining supply

    James Conca recently published a commentary on Forbes titled Closing Vermont Nuclear Bad Business For Everyone. A major thrust of Conca’s initial post was highlighting the rapidly rising prices of electricity in New England that are being driven by an increasing reliance on natural gas as reliable power generators like the Vermont Yankee nuclear plant…

  • Helping people understand the power grid

    Yesterday, the Institute for Energy Research launched a project to help people gain a better understanding of the electric power grid, a marvel of modern society that most people take for granted — unless its product delivery is interrupted for more than a few minutes. This information project is timely, especially considering all of the…

  • Atomic Show #220 – Atoms for California

    Andrew Benson from Atoms For California contacted me last week to find out if I was interested in having a conversation about the history of nuclear energy in California, with a special focus on the history of the antinuclear movement in that trend-setting state. It sounded like a great idea for an Atomic Show so…

  • Amory Lovins-speak: Three misleading statements in a 15 second sound bite

    I had the opportunity to be in the audience during the above talk. You might notice my impolite interjections; I have often been accused of being very poor at hiding my real reactions and feelings. There is a reason why I stopped playing poker during game nights on the USS Stonewall Jackson. I was losing…

  • Uranium supply concerns associated with EEU

    Russia, Belarus and Kazakhstan signed an agreement to form a Eurasian Economic Union (EEU) on May 29. Uranium market watchers should pay close attention and understand the potential implications of the alliance on the stability of the world’s uranium supply, even though the alliance has been dismissed as unimportant by some media pundits. For example,…

  • Mark Cooper is wrong about SMRs and nuclear energy

    Mark Cooper of the Vermont Law School has published another paper in a series critiquing the economics of nuclear energy; this one is titled The Economic Failure of Nuclear Power and the Development of a Low Carbon Electricity Future: Why Small Modular Reactors are Part of the Problem and Not the Solution. It is not…