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Shale Gas -- Friend or Foe

By Richard Goodwin, Environmental Engineering Consultant, , February, 01, 2012 - Since I reside in Palm Beach County, FL, I pay attention to my local electricity rates, provided by Florida Power & Light [FPL] -- a regulated utility. Recently, FPL lowered its rates by about 2% for 2012. FPL President and CEO Armando J. Olivera stated the market prices of natural gas for 2012 are trending even lower than previously expected, and this is driving a significant reduction in our projected fuel costs for the coming year. more...
Article Viewed 964 Times | 8 Comments

Trillion Dollar Opportunities

By Jim Hartung, Director, GlobalEnergySolutions.org, December, 28, 2011 - During the last decade, technologies have been developed and demonstrated at scale to economically produce natural gas from shale rock formations. As a result, the Energy Information Administration (EIA) estimates that the US has about 800 trillion cubic feet of technically recoverable shale gas. Just ten years ago, this shale gas was considered uneconomic. At a forward price of $5 per thousand cubic feet, this gas now has a value of $4 trillion. This is a huge economic stimulus. Unlike government spending and/or tax cuts to stimulate economic growth, this opportunity will not increase deficits and national debt. Rather, it will result in over $1 trillion in new taxes paid to federal and state governments. more...
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Natural Gas...A Game Changer?

By Sam Mutasem, Managing Director, Dynegy, December, 15, 2011 - There is certainly an abundance of advocates for renewable energy; Wind, Solar, and Nuclear, which I support as an important part of the power supply portfolio. At the same time we have a shortage of advocates for two of the most abundant resources here in the United States; Natural Gas and Coal. Many express concerns about the environmental impact of coal and rightfully so, however it is still a significant domestic resource. On the other hand natural gas coupled with existing low emissions technologies produce affordable reliable power with low levels of pollutants. more...
Article Viewed 3082 Times | 37 Comments

Prevention and Control Module for Spontaneous Combustion of Coal at Coal Yards

By S. Deepak Kumar, , , November, 08, 2011 - Spontaneous combustion of coal is a common concern within the coal stockyard of thermal power plants due to the direct effect that energy losses have on financial performance. As coal is the primary fuel for a thermal power plant, adequate emphasis needs to be given for its proper handling and storage. It's also essential because of related safety and environmental implications of spontaneous combustion of coal. The problem is a natural phenomenon that is aggravated by improper management of coal. A lot of research has been done on spontaneous combustion of coal but still there is a lack of a comprehensive approach which can be applied to deal with the problem. more...
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The Oil Price Closely Observed

By Ferdinand E. Banks, Professor, , September, 15, 2011 -

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Article Viewed 2414 Times | 34 Comments

National Gas Power Plants' Fuel of Choice

By Richard Goodwin, Environmental Engineering Consultant, , July, 21, 2011 - National Gas Power Plants' Fuel of Choice more...
Article Viewed 2754 Times | 25 Comments

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The Multi-Billion Dollar Waste Treatment Opportunity

By Frank Sinton, CEO, PMC BioTec, June, 10, 2011 -

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Article Viewed 2966 Times | 4 Comments

Model, Model: Who's Got an Oil Market Model?

By Ferdinand E. Banks, Professor, , March, 23, 2011 - I had hoped to give a provocative lecture on the economics of nuclear energy at the forthcoming international meeting of the International Association for Energy Economics in wonderful summer Stockholm, but on the basis of what might happen in North Africa and the Middle East in the coming months, I suspect that I will be asked by the conference directors to fall back on one of my oil market recitals. more...
Article Viewed 3665 Times | 28 Comments

The Peak Oil Catastrophe-In-Waiting

By Tam Hunt, President, Community Renewable Solutions, LLC, March, 10, 2011 - The United States continues to slumber while a catastrophe lies in wait. Increasing numbers of analysts and policymakers are warning of another super price spike for oil and the likelihood of "peak oil" more generally. more...
Article Viewed 6350 Times | 61 Comments