“If the economics can be made to work, geothermal would provide a renewable energy source that’s always on, and that employs plenty of ex-oil and gas workers, to boot. That has been its promise for decades. Maybe the 2020s will end up being the time that promise is finally fulfilled.”
“A fourth reactor is also nearing completion at the site, where two earlier reactors have been generating electricity for decades. The Nuclear Regulatory Commission on Friday said radioactive fuel could be loaded into Unit 4, a step expected to take place before the end of September. Unit 4 is scheduled to enter commercial operation by March.
The third and fourth reactors were originally supposed to cost $14 billion, but are now on track to cost their owners $31 billion. That doesn’t include $3.7 billion that original contractor Westinghouse paid to the owners to walk away from the project. That brings total spending to almost $35 billion.
The third reactor was supposed to start generating power in 2016 when construction began in 2009.
Vogtle is important because government officials and some utilities are again looking to nuclear power to alleviate climate change by generating electricity without burning natural gas, coal and oil.”
“The clean energy subsidies that undergird President Joe Biden’s climate agenda have just prompted one Norwegian manufacturer to choose Michigan, not Europe, as the site of a nearly $500 million factory that will produce the equipment needed to extract hydrogen from water. And other European-based companies are being tempted to follow suit, people involved in the continent’s hydrogen efforts say — making the universe’s most abundant substance the latest focus of the transatlantic trade battle on green energy.
The Norwegian firm, Nel, announced its decision in May, nine months after Congress approved Biden’s flagship climate law, the Inflation Reduction Act. The move takes 500 new jobs to the other side of the Atlantic, despite the European Union’s efforts to position itself as the obvious place for clean tech investment.”
“The most significant policy change—or, perhaps, the least insignificant—is new limits on how long mandatory National Environmental Policy Act (NEPA) reviews can take. The Fiscal Responsibility Act incorporated some changes first proposed by the Trump administration’s Council on Environmental Quality (CEQ) in 2020 to limit NEPA environmental reviews to no more than two years and the resulting environmental impact statements to no more than 150 pages.
That’s a welcome change. As part of the process that originally produced those suggestions, the CEQ found that the average environmental impact study is 661 pages and typically takes more than four years to complete. Time is money, and all those delays are expensive. In its report, the CEQ cited a study, by the nonpartisan reform coalition Common Good, estimating that “the cost of a 6–year delay in starting construction on public projects costs the nation over $3.9 trillion, including the cost of prolonged inefficiencies and avoidable pollution,” as Reason’s Ron Bailey reported at the time.
The environmental impact of major infrastructure projects is important to consider, but NEPA has devolved into a tool often wielded by opponents of development rather than sincere concern for the plight of the sage grouse. Placing limits on how long NEPA can delay a building project makes a lot of sense.
The NEPA tweaks included in the Fiscal Responsibility Act will “slightly improve the process,” says Stapp, “but the biggest problem—judicial review—was left untouched.”
Indeed, the Fiscal Responsibility Act’s limits on NEPA reviews don’t apply to the often-inevitable litigation that spirals out from them. Without that component, the new rules have a giant loophole—one that opponents of new construction will continue using to delay and drive up costs.”
“The European researchers behind the new study do an in-depth analysis of how much land and sea area it would take to implement the Net Zero by 2050 roadmap devised by the International Energy Agency (IEA) in 2021. The IEA outlines an energy transition trajectory to cut global carbon dioxide emissions from burning fossil fuels to zero by 2050. The Net Zero goal is to keep the increase of global average temperature below the threshold of 1.5 degrees Celsius above the late 19th-century baseline. “This calls for nothing less than a complete transformation of how we produce, transport and consume energy,” notes the IEA.
The Scientific Reports study finds that implementing the IEA’s roadmap requires that much of the world’s agricultural and wild lands be sacrificed to produce energy. Biofuels, both liquid and solid, are especially egregious destroyers of the landscape. On the other hand, the energy source that spares the most land is nuclear power. In addition, electricity produced by fission reactors is not intermittent the way that vastly more land-hungry solar and wind power are.”
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“wind and solar projects occupying massive amounts of land increasingly get NIMBY pushback from disgruntled neighbors. Energy analyst Robert Bryce, author of A Question of Power: Electricity and the Wealth of Nations (2020), has compiled a database showing that nearly 500 renewable energy projects have been rejected or restricted over the past decade.
The European researchers calculated that nuclear power plants sited on just 20,800 square km (8,000 square miles) of land could supply all of the carbon-free electricity demanded in 2050. That’s less land than is occupied by the state of Vermont.
Over at Tech Xplore, study co-author and energy conversion researcher at Norwegian University of Science and Technology Jonas Kristiansen Nøland points out that “the spatial extent of nuclear power is 99.7% less than onshore wind power—in other words, 350 times less use of land area.” He adds, “An energy transition based on nuclear power alone would save 99.75% of environmental encroachments in 2050. We could even remove most of the current environmental footprint we have already caused.””
“The U.S. Department of Energy has concluded that the most likely origin of COVID-19 is a lab leak.
The federal agency reviewed new intelligence, which prompted officials to revise their position that it’s unclear how the virus emerged. The White House and certain members of Congress also reviewed the intelligence, The Wall Street Journal reports.
The Energy Department’s conclusion is made with “low confidence,” according to The New York Times, which was quick to point out that “U.S. spy agencies remain divided over the origins of the virus.” The FBI previously concluded with “moderate confidence” that intelligence pointed to a lab leak origin; other agencies have been skeptical or undecided.
The shifting consensus on this issue should be a cautionary tale for all the would-be censors who thunderously objected to such talk. In the first year of the pandemic, the idea that COVID-19 might have emerged from a coronavirus research facility in Wuhan, China, was widely branded a racist conspiracy theory. Social media companies such as Facebook vigorously suppressed discussion of the lab leak thesis, partly because U.S. health officials and mainstream news outlets expressed absolute confidence that COVID-19 emerged as a result of zoonotic spillover.”
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“Health officials and intelligence experts may not have enough information to conclusively determine COVID-19’s origins. But the push to not merely decry the lab leak theory but to actively prohibit discussion of it—as was the case on Facebook—has not aged well.”
“Clean energy is rapidly rising on the Texas power grid, but regulators in the Lone Star State are now considering a plan that could give fossil fuels a boost.
The zero greenhouse gas emissions trio — wind, solar, and nuclear energy — provided more than 40 percent of electricity in the state in 2022. It was a year when several Texas cities experienced their hottest summers on record, driving electricity demand to its highest levels ever as fans and air conditioners switched on. Winter proved stressful too, with freezing temperatures last month pushing winter electricity peaks to record-high levels, narrowly avoiding outages.”
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“Texas leads the US in oil and natural gas production, but it’s also number one in wind power. Solar production in the state has almost tripled in the past three years. Part of the reason is that Texas is particularly suited to renewable energy on its grid. Wind turbines and solar panels in Texas have a high degree of “complementarity,” so shortfalls in one source are often matched by increases in another, smoothing out power production and reducing the need for other generators to step in. That has eased the integration of intermittent energy sources on the grid.
Coal, meanwhile, has lost more than half of its share in Texas since 2006. For a long time and across much of the country, the story was that cheap natural gas from hydraulic fracturing was eating coal’s lunch on the power grid. Coal was also facing tougher environmental regulations like stricter limits on mercury, requiring coal power plants to upgrade their equipment, and raising electricity production costs.”
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“in Texas, natural gas’s share of the electricity mix has been holding around 40 percent for more than a decade. On the other hand, renewable energy has surged as coal withered. Wind alone started beating out coal in 2019 and is now the second-largest source of electricity behind natural gas in the state.
An important factor is that the state has its own internal power grid, serving 26 million customers and meeting 90 percent of its electricity demand. It’s managed by the nonprofit Electric Reliability Council of Texas, or ERCOT. In the freewheeling Texas energy market, the cheapest sources of electricity become dominant, and wind and solar — with low construction costs, rapid build times, and zero fuel expenses — have emerged as winners.”
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“Some lawmakers are now working to tilt the balance toward fossil fuels. “There are different political figures who are trying to incentivize gas power plants or deny, prohibit, or inhibit renewables,” Webber said.
Last year, the Texas legislature passed a law that would prevent the state’s retirement and investment funds from doing business with companies that “boycott” fossil fuels.
Texas Lt. Gov. Dan Patrick said one of his legislative priorities for this year is to secure more support for natural gas-fired generation. “We have to level the playing field so that we attract investment in natural gas plants,” Patrick said during a press conference last November. “We can’t leave here next spring unless we have a plan for more natural gas power.””
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“While wind and solar power are ascendant, they are intermittent, and regulators want to make sure there is enough dispatchable power like natural gas to ramp up on still, cloudy days. The new proposal would create a credit scheme that would encourage more of these dispatchable plants to come online and extend a lifeline to some existing generators that are struggling to compete. But it would also raise the costs of electricity production.
Environmental groups like the Sierra Club noted that the proposal leaves the door open for other tactics for balancing electricity supply and demand, like energy storage, increasing energy efficiency, and demand response.”
“Greater reliance on green energy also requires a stupendous increase in mineral extraction to provide the needed materials. Even if the world unquestionably possessed the mineral capacity necessary for the global energy transformation envisioned by President Joe Biden, Democrats in practice are enemies of mining. The U.S. Mining Association estimates that the country has $6.2 trillion of recoverable mineral resources like copper and zinc available for mining on millions of acres of federal, state, and private lands. Unfortunately, our labor, health, and climate regulations often make it practically impossible to profitably mine. As a result, these precious resources stay in the ground, which explains why the United States went from being the world’s No. 1 producer of minerals in 1990 to seventh place today.
Democrats committed to a green energy transition should make it a priority to reform counterproductive regulations like the National Environmental Policy Act (NEPA) and to implement other permitting reforms. Yet for the most part they won’t do so, as we saw when they helped strike down the permitting deal cut last year between Senate Majority Leader Chuck Schumer (D–N.Y.) and Sen. Joe Manchin (D–W.Va.).”