Building wind energy can save Midwestern consumers $200 per year

We’ve all heard that wind energy is too expensive, and that massive investments in wind will drive up electricity rates for consumers. This argument is based on the belief that wind energy is more expensive on a per kilowatt-hour basis than traditional fossil fuels. While even this premise is up for debate (for example, wind is now the least expensive option for new generation for some utilities in the upper Midwest), the bigger problem is that this argument ignores how electricity markets actually work.

ODAC Newsletter – May 18

The prospect of weaker oil demand in the face of the Euro crisis was balanced this week by warnings from the IEA and Saudi Arabia. Sadad al-Husseini, the former head of Exploration and Production at Saudi Aramco, wrote that “$100 for Brent is quite a correction and it will be a challenge to sustain such a low price beyond the short term”…

ODAC Newsletter – May 11

Fears of a new phase in the European debt crisis, a decline in oil imports to China in April, and the prospect of a new round of international talks on Iran’s nuclear programme have seen oil prices drop back from recent highs in the past two weeks. Despite all this however, and reports from OPEC that it bolstered supply by 320,000 barrels in April, Brent oil still stands around $112/barrel.

Energy – May 10

– Thomas Homer-Dixon: Exploring the climate “mindscape” (oil supplies and energy junk)
– Government influence is negative for energy fuel policy
– The German Switch from Nuclear to Renewables
– Scientists’ Arctic drilling plan aims to demystify undersea greenhouse gases
– Ancien directeur de TOTAL: Nouvelles découvertes et gaz de schiste retarderont à peine le pic pétrolier

ODAC Newsletter – May 4

The shale gas ‘revolution’ suffered another blow this week as the US Securities and Exchange Commission announced an investigation into dealings between industry leader Chesapeake Energy and its chief executive Aubrey McClendon. It emerged recently that McClendon had been taking a private stake in each well the company drills and, unbeknownst to shareholders, borrowed over $1 billion against them…

Moving towards ethical energy

A question that seems to garner a lot of debate whenever the topics of climate change and peak oil are raised is what our future sources of energy might look like. This is a common feature of groups involved in the Transition movement, since the vast majority of us in the north depend so much on finite sources of fossil fuels to power our modern, civilised lifestyles. Ever since the advances of the industrial revolution allowed us to harness the power of coal and oil, we have built our society around the potential of fossil fuels to provide us with the concentrated energy necessary for the processes involved in heavy industry. These days, access to affordable, reliable electricity is seen by many as a basic human need.

China’s looming conflict between energy and water

In its quest to find new sources of energy, China is increasingly looking to its western provinces. But the nation’s push to develop fossil fuel and alternative sources has so far ignored a basic fact — western China simply lacks the water resources needed to support major new energy development.

Top 11 FAQs

I’ve been giving lectures on Peak Oil for over a decade now, and always look forward to the question period after the main show. It’s an opportunity to interact with the audience and take questions…Here are the top 11, along with brief sample replies and some resources for further reading.

 

Can renewable energy sustain consumer societies?

A new report has just been published which ought to provoke a Copernican revolution in dominant conceptions of renewable energy and of sustainability more generally. The message may not be one that environmentalists want to hear, but it is one that we must all take very seriously, or risk having our good intentions dedicated to goals that cannot actually solve the very real environmental crises that we face.