Search Results for: gas price

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Cooper’s criticism may awaken nuclear competitive spirit

ByRod Adams

…ff.html EU power prices: http://www.energy.eu/#Industrial-Elec Getting nat gas prices back up to historical norms would also help, but that seems to be taking a lot longer than some had predicted. Still, the depletion rates of fracked gas wells almost guarantees higher prices down the road. Daniel @ Pete51 The Russian will beat the market on delivery of SMRs. They have a floating model due out in 2016. China, India, Vietnam and a truck load of cou…

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What did the Cove Point protest on Monday Night Football have to do with nuclear energy production in Virginia?

ByRod Adams

…d cause the price of natural gas to tie together globally, causing natural gas prices to drop in Europe and maybe Asia, as well as increasing the price here in the United States. Increasing the price of natural gas here should lead to more rational decisions regarding our energy decisions, such as early retirements of nuclear plants that are not competitive with natural gas, or projections that in 2050 about 50% of our electricity will be generate…

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Consumers win if electricity production capacity remains high

ByRod Adams

…uding generator capital and maintenance – and goes up from there if retail gasoline prices rise above $2.50 per gallon. Even those lucky few who have access to natural gas distribution lines with adequate capacity to support a customer base with a substantial number of running generators will find that the prices for delivered gas in most locations translate to rather expensive kilowatt hours. Admittedly, few of the people operating generators to…

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Why are nuclear plants losing money at an astonishing rate?

ByRod Adams

…ew wind turbines in Texas, Illinois and Iowa had come from burning natural gas, there would not be a gas glut threatening to overflow available storage reservoirs. The glut is the reason prices are low; fracking makes gas abundant, but it does not lower the cost of extraction compared to conventional drilling. Blame market design Romm turns to Peter Fox-Penner for an explanation of the market challenges facing nuclear power plants. His published q…

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I do not hate oil companies; I hate their business model and the way they dismiss nuclear energy

ByRod Adams

…For me personally, there is an interesting numerical parallel between the price of gasoline and the price of of another basic commodity – shelter. The home I grew up in cost my dad and mom about $25,000 in 1962. The home I recently purchased cost something close to 13 times that amount. There are a number of similarities but also some substantial differences between the two products. Here are the similarities. At the time of purchase, both homes…

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Combine domestic coal with nuclear energy to make oil

ByRod Adams

…fuel price numbers normalized to a consistent unit of measure: FUEL Market Price Price per MMBTU coal $40 per ton $1.80 natural gas $2.50 per 1000 cubic feet $2.50 oil $120 per barrel $21.00 diesel fuel $4.00 per gallon $30.00 commercial nuclear fuel 0.5 cents per kw-hr $0.65 NOTE: MMBTU = million BTU (M – Thousand, MM is thousand x thousand) My pitch to the coal industry would be to use cheap, clean nuclear heat to convert H2O and their carbon ri…

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Preliminary lessons available to be learned from Feb 2021 extended cold spell

ByRod Adams

…roducing significant air pollution reduction and a reduction in greenhouse gas emissions. Using more natural gas in power production has been beneficial to the Texas economy as well, since most of the gas burned in the state is extracted in the state. But a known challenge related to natural gas is that it is more difficult to store materials that are vapors (gaseous) than it is to store solids or liquids. Gas can be compressed and it can be liqui…

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Naval Reactors should be empowered to show the way – again

ByRod Adams

…of recovery will likely fall given time. But we don’t know the future. If gas prices go up or theres a price on carbon, nuclear will be more competitive. Hopefully this will occur soon. starvinglion Bas loves fusion research because its another great scam like renewables. Bas @John, Thanks for reading the whole! I indicated the few sheets only (e.g. sheet 14 showing predictions regarding future Energiewende levy), I fell for. Yes. The presenter,…

Replace price of carbon with price on carbon

ByRod Adams

…nd the forgotten renewables – small hydro and geo thermal. Nuclear ? Nope. gas gas gas good while its cheap. James Greenidge Daniel: Just FYI: This region is regarded as an “aquatic L-5” zone and it’s not solid with trash as stories assert. My freighter crane engineer neighbor was amused by people’s perceptions of the Sargasso Sea as being a dense bayou-type swamp so dense you can walk across it, but rather it’s just a region where you see much mo…

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Environmental Defense Fund president has a fundamental misunderstanding of gas markets

ByRod Adams

…They are better able to compete by gambling on the spot market to deliver gas at the lowest possible price. Since they are under no obligation to serve, they have a simple answer when pipeline capacity fills up and they either cannot get fuel or have to pay prices that are several times the normal price. They can bid up the price of electricity to levels approaching $1000/MWhr or they stop generating. Neither of those options are particularly cus…

Explaining my dismissal of fossil fuel alternatives that are NOT nuclear fission
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Explaining my dismissal of fossil fuel alternatives that are NOT nuclear fission

ByRod Adams

…Asia. Burn Natural Gas for a fuel and watch your forests burn down. As the price of cooking gas goes up…. the incentive to turn trees into charcoal goes up. Hey, I have watched the clear cutting. I have friends who want to eat. Burn Diesel to generate electricity and pay 40 cents / kWh. Or make a long term investment in Nuclear. I am very glad to see China building NPPs. I know they are needed in India, Indonesia, Philippines, Thailand, as well…

President Obama: We have emission free fuels available NOW.

ByRod Adams

…ess. Slice it dice it anyway you want, this will create upward pressure on gas prices and can only be good for nuclear plants. John Tucker I voted for him twice. There were not that many other options to say the least. (not saying Id do it again knowing what I know.) I wont defend the unethical or incompetent things he has done. Disappointment is a understatement. John Tucker Yea its a start – one I thought we already had done to be honest. Time.c…

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