The Arctic is melting faster than predicted. Is now the time to shut down the low-carbon nuclear power plants in France — the 20th Century’s staunchest proponent of nuclear energy? Is natural gas produced via hydraulic fracturing or ‘fracking’ a gift that is buying time for a transition to renewable energy or a curse that reinforces fossil fuel dependence? Will carbon belching heavyweights such as the U.S. and China ever get serious about cleaning up their energy systems?
Such questions are top order in France, whose President kicked off a Grand Débat on energy this month Continue reading →
Late last week President Barack Obama deferred consideration of the Keystone XL oil pipeline, designed to ship Alberta petroleum to the Gulf Coast, until after next year’s U.S. elections. Obama’s move immediately sparked vows in Canada to redirect crude exports to Asian markets less angst-ridden by the environmental impacts associated with tapping Alberta’s tough, tarry petroleum. A smarter strategy would be to reduce those impacts, starting with the black mark that brought Keystone XL to national attention: oil sands crude’s bloated carbon footprint. Continue reading →
The blackout that squelched power flows to nearly 5 million residents of Arizona, California and northern Mexico last night and shut down California’s San Onofre nuclear power plant may be the latest sign of strain in an outdated U.S. power grid. The incident began during maintenance at a substation in Yuma, Arizona that lies at the center of a sclerotic section of the grid between Phoenix and Tucson—one long recognized as critically congested and thus at heightened risk of failure. Continue reading →
Ethnic and economic tensions may have stalled Turkey’s longstanding bid to join the European Union, but electrical circuits can be color blind. As of September the alternating current on the Turkish power grid will flow in synchrony with Continental Europe’s, according to the European Network of Transmission System Operators for Electricity (ENTSO-E), which took control of Europe’s power grids last summer.
Yesterday’s announcement means that Turkey can trade electricity with Europe and benefit from the bigger grid’s stability, in turn helping to stabilize the lines in neighboring Bulgaria and Greece. The link will run for at least one year, with power exchanges ramping up in stages.
Turkey’s integration provides hope for would-be regional developers in the Mediterranean, who face rising protectionism, ethnic tensions, and seemingly endless diplomatic bombshells from Israel and the Palestinian territories. The Middle East troubles caused the Union for the Mediterranean organized by French President Nicolas Sarkozy to delay a second summit scheduled to convene in Barcelona yesterday until November, according to the AP. Continue reading →
Germany’s election this weekend could save nuclear energy’s neck, at least in Europe, thanks to the decisive re-election of Chancellor Angela Merkel and her center-right Christian Democratic Union. It may not be enough to secure the nuclear industry’s troubled renaissance, as poster-child projects bog down in delays and cost overruns. But Merkel could keep Germany’s reactors operating for another 15 years or so beyond the 2022 deadline set under her predecessor and erstwhile coalition partners, the Social Democrats.
A New York Times article this week concludes that major oil and gas companies are, as the headline roared, “Loath to Follow Obama’s Green Lead.” Such stories bashing Big Oil’s slim investment in renewable energy tend to fall short by failing to consider how renewables intersect with an oil major’s core business, and this one is no exception.
As the Times ably demonstrates, big oil is freezing or cutting investment in renewable energy and doing so from a relatively small base. It notes that Shell, which has frozen spending on wind, solar and hydrogen energy, has invested just $1.7 billion on alternative energy projects since 2004 compared to $87 billion to keep its oil and gas flowing.
That should come as little surprise since Big Oil’s insubstantial and fickle commitment to renewable energy goes back decades. Following the 1973 oil shock, for example, U.S. oil majors of the time such as Mobil and Chevron embraced photovoltaics, only to dump the projects when oil prices crashed and OPEC’s power waned a decade later. British Petroleum’s promise to go “Beyond Petroleum” already looked weak five years ago when it ditched production of next-generation cadmium-telluride thin-film photovoltaics — the technology that Tempe, AZ-based First Solar has since ridden to the top of the world PV market.
Canada’s Conservative government unveiled a budget yesterday with an energy balance distinctly different from that contemplated by President Obama in his economic stimulus package. “Green Causes Left Out of Budget” is how the Toronto-based National Post headlined its coverage of the Canadian budget proposed yesterday. Toronto Star columnist Chantal Hebert writes that environmentalists may be the only “constituency, friendly or hostile to the Conservatives, that will not get a piece of the multibillion-dollar stimulus package.”
Whereas Obama’s $819-billion stimulus package proposes to give renewables a big boost, Prime Minister Stephen Harper’s C$33-billion (US$27-billion) ‘Economic Action Plan’ would leave unchanged Canada’s EcoEnergy support program for renewable energy. Canadian Wind Energy Association president Robert Hornung predicts the program may run out of cash before the end of the coming fiscal year, blunting the industry’s ability to draw investment amidst a superhot U.S. market:
“Our ability to compete with the United States for investment in wind energy projects and manufacturing opportunities will decline as a result of this budget. At a time when the United States has made measures to support renewable energy deployment a key component of its plans to stimulate the US economy, Canada is moving in the opposite direction.”