Yesterday morning during my commute, I listened to the May 31 edition of Democracy Now (http://www.democracynow.org/index.pl?issue=20050531) and heard an interesting interview with Navajo President Joe Shirley Jr. He made a…
On January 9, 2012, The Nicholas School of the Environment at Duke University held a hydrofracking workshop. The organizers invited a number of speakers from both industry and academia to discuss a contentious, but important energy issue from a variety of perspectives. You can read about the workshop on TheGreenGrok on a post titled Minds Meet on Shale Gas, Fracking.
The keynote speaker was Michael Parker, from ExxonMobil’s XTO subsidiary. He provided a summary of ExxonMobil’s recently released Energy Outlook and described how producing unconventional natural gas using hydraulic fracturing fits in with their view of the future. Of course, producing large quantities of natural gas is only half of the challenge – without a large market for that gas, the material would simply become an explosive storage problem.
Mr. Parker explained that ExxonMobil’s target market is the US electricity market. His presentation clearly illustrated why I frequently point to petroleum companies as energy market competitors with the means, motive, and opportunity for discouraging nuclear energy development.
Here is a remix of Parker’s talk with some atomicrod commentary wedged in. Hope you enjoy.
Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.
The San Onofre Nuclear Generating Station never threatened public health and safety. Unit 2 could have been started as soon as its scheduled outage was completed in February of 2012. Unit 3 could have been restarted by mid-March 2012. The total cost of the repairs, including purchased replacement power, should have been less than $50…
It is virtually impossible to get an educational institution to understand something when its revenue depends on its audience not understanding it. – Rod Adams, Stanford’s New Natural Gas Initiative, Atomic Insights, May 30, 2015 Aside: In case the allusion doesn’t work for you, the above is deliberately structured to align with a quote from…
There is an old story that goes something like this. An inventor once came up with a revolutionary carburetor so effective that it enabled a typical American car to travel 100 miles on a single gallon of gasoline. The carburetor never made it to the market because “Big Oil Companies” purchased the patent on the…
When there is an enormous revenue stream at stake, actions taken to delay making any changes can produce a good return on investment. There is no doubt in my mind that people interested in prolonging fossil fuel dominance over the world economy have taken action to insert doubt in the public consciousness about the hazard…
South Korea, Japan and Taiwan, three historically large markets for uranium and fuel cycle services, have been under siege by organized antinuclear opponents who have made the most from Fukushima to rally public support for their efforts. To paraphrase a cliché, nuclear energy opponents did not let an attention-getting crisis go to waste. As a…
My professional work habits and standards were formed by 33 years in the US naval service, an organization with a proud tradition of developing independent decision makers who could be entrusted with billions of dollars worth of national assets and thousands of lives. Our tradition includes demanding training, strong mentoring programs, regular competitive evaluations and…
Some interesting tidbits from the Annual Energy Outlook 2012 Early Release:
“In the AEO2012 Reference case, the estimated unproved technically recoverable resource (TRR) of shale gas for the United States is 482 trillion cubic feet, substantially below the estimate of 827 trillion cubic feet in AEO2011. The decline largely reflects a decrease in the estimate for the Marcellus shale, from 410 trillion cubic feet to 141 trillion cubic feet. Both EIA and USGS have recently made significant revisions to their TRR estimates for the Marcellus shale. Drilling in the Marcellus accelerated rapidly in 2010 and 2011, so that there is far more information available today than a year ago. Indeed, the daily rate of Marcellus production doubled during 2011 alone. Using data though 2010, USGS updated its TRR estimate for the Marcellus to 84 trillion cubic feet, with a 90-percent confidence range from 43 to 144 trillion cubic feet—a substantial increase over the previous USGS estimate of 2 trillion cubic feet dating from 2002. For AEO2012, EIA uses more recent drilling and production data available through 2011 and excludes production experience from the pre-shale era (before 2008). EIA’s TRR estimate for the entire Northeast also includes TRR of 16 trillion cubic feet for the Utica shale, which underlies the Marcellus and is still relatively little explored. The complete AEO2012 publication will include a more in-depth examination of the factors that affect resource estimates.”
Just watched President Obama address…. The only mention to nuclear was with weapons and wastes.
Dubbya got nukular right after all.
He sure mentioned the heck out of domestic natural gas though.
And Rod is right on with nuclear seeming to be the other “n” word last night. As I watched and listened, I kept hoping Barack would mention it, but he didn’t. Someone I was watching with who works in the medical field said “it’s too controversial”.
Considering Fukushima happened 10.5 months ago, it being an election year, and considering Barack’s constituency, I can’t say that I was too surprised by the massive omission.
I was wrong there was a nuclear energy bit in yesterday,s address:
‘At Oak Ridge National Laboratory, they’re using supercomputers to get a lot more power out of our nuclear facilities.’
I missed that mention. I remember him mentioning the CASL project in last year’s address (which is what he mentioned again). Actually though, that project is not far enough along to have had an effect on “getting a lot more power out of our nuclear facilities”. It should hold some promise in that regard eventually though.
@Daniel – you’re right. We have apparently retreated to the situation where nuclear is the other “n” word. IMHO the lack of mention was not a huge problem only because the President kept saying “clean energy” vice renewable energy.
I truly believe that it is time for the nuclear energy industry to launch an independence campaign. We have a technology that is strong enough to dominate on a level playing field with as few directed subsidies as possible – zero is preferable.
The most cost effective “subsidy” that the government could provide would be incredibly cheap and consist of two steps:
1 – Elevate either Ostendorff or Magwood to the position of Chairman at the NRC.
2 – As for a simple legislative change declaring that the democratically elected representatives of the people of the US have determined that nuclear energy use is beneficial – good for both the economic vitality of the US and good for the environment. That statement can be accompanied by one more sentence telling the NRC that its job is to enable the safe use of nuclear technology. (It should be impartial with regard to companies and particular projects, but it does not have to be agnostic about whether or not we are going to use the only emission free, energy dense fuel that we have.)
No need for any appropriations. Just knock down some of the existing obstacles that have been purposely erected over the past 50 years.
“Elevate either Ostendorff or Magwood to the position of Chairman at the NRC.”
This will happen within one month if either:
1 – Harry Reid is no longer Senate Majority Leader, either by his electoral defeat (next election 2016), or by Democrats losing majority control of Senate; or
2 – Obama loses election on November 6, 2012 and a less renewables-infatuated President takes office on January 21, 2013.
It’s In our hands.
Option 2 is the preferable method. We need a President who will just come straight out and say that he favors nuclear and will push for its expansion. That way we don’t have to waste time grasping at straws, looking for encouragment in code words, imputing meanings that aren’t flat-out stated, engaging in arcane nuances, trying to find meaning in phrases that are ambiguous, and, most of the time, fooling ourselves into thinking that the current Administration is really pro-nuclear all the while putting hacks like Gregory Jackzo in charge of the most powerful agency that has influence over such things.
Wednesday Feb 8 at the NRC:
Meeting notice and agenda
discuss the project status for the construction of Vogtle Electric Generating Plant Units 3 & 4 with NRC management.
Is this D day ?
So it’s official. COL to be issued on Feb 9.
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