Fully 56.58% of new capacity is to come from renewables, according to the report, with wind making up the majority of the renewable installations. Natural gas comes in second at 30.52%. In total, the report says a total of 349,858 MW of new capacity is planned; wind is the largest single source at 111,936 MW.
Southern Company’s Vogtle site in March 2014, with two reactors under construction and two operating in the background. A lot of work remains to be done. Photo provided by Tom Clements of Savannah River Watch.
Now we know just how desperate the Department of Energy was to give a taxpayer loan to Southern Company and others for construction of two new reactors at the Vogtle site in Georgia.
Like a car dealer trying to sweep unsold autos off the lot, DOE gave Southern Co. the loan with nothing down. Nada. Zero. Continue reading
The front and back of the geiger counter Mary Olson and Diane D’Arrigo of NIRS built yesterday.
I spent the day yesterday building my first Geiger counter. It is a bGeige and I had the great good fortune of learning how to do it from Joe, Sean, Pieter (three out of four of the founders of SAFECAST) and Dan Sythe of International Medcom.
As an intentional action by human beings, fission–the splitting of atoms–has been called by some an evolutionary step for our species. If that is so, then SAFECAST is another next step in our evolution.
Nobel Prize-winning economist Paul Krugman admits he thought the idea that the wind and sun could be major energy players was “hippie-dippy wishful thinking.” No more. With solar prices plunging and renewables gaining worldwide, Krugman now says de-carbonizing the planet is a realistic goal–and, it can be done without harm to the U.S. or world’s economies. Okay, probably most GreenWorld readers already knew that; but when the concept begins reaching the mainstream (though Krugman, despite his excellent work over the years, unfortunately remains somewhat left of the mainstream), that’s when you know the concept is not only valid, it will quickly become accepted wisdom. Krugman’s entire piece here is quite optimistic on the world’s ability to avoid the worst of climate change.
New confirmation. New study: wind, solar power is cheaper than new nuclear. A new European study confirms what by now almost everyone except the U.S. Congress and White House seem to know: renewables are cheaper than new nuclear power–20% cheaper, even if construction of natural gas backup plants were to be required. Renewables alone, according to the study, are 50% cheaper than new reactors. “Wind and solar systems will dominate the power system in increasingly more countries,” Patrick Graichen, head of Agora Energiewende [which commissioned the study], said in an e-mailed statement. “The battle for the cheapest CO2-free power mix is decided.”
The Entergy Corporation’s ongoing problems, chronicled well in these pages by Tim Judson on Tuesday, may not be entirely of its own making; it’s certainly not the only utility challenged by renewables and gas in the merchant electricity market. But Entergy does have a way of making things worse for itself. The latest: their idea to monitor the fish intake at the Indian Point reactors–an issue currently before the courts–by tying frozen sturgeon to the intake screens.
There was nothing illegal about any of this, they are all above-board transactions properly reported to the Securities and Exchange Commission and covered in the investment press. But if the three people who know most about Entergy’s finances (the CEO, CFO and CAO) and the person in charge of the company’s government and regulatory affairs—which are central to the company’s economic future (see below)—don’t feel that Entergy stock is a better long-term investment, you have to wonder whether there’s some big news on the horizon.
Is Rick Perry cheerleading for a high-level radwaste dump in Texas? Apparently so. An excellent examination of the Governor’s actions in support of a new dump–and some bigtime Perry contributors–from The Texas Observer. If he’d do that to Texas, imagine what he could do to the entire country if ever elected president….