Confirmation that the rate of economic activity is deeply anemic. Willingness to lend and borrow are at a once in a lifetime low. If this continues, inflation stays low or goes lower, […]
Stall speed – V2 still crashing
Texas Moving Into Real-World Proposal Stage for Distributed Energy-Grid Integration
Last week, Texas grid operator ERCOT officially disbanded its Distributed Resource Energy & Ancillaries Market (DREAM) Task Force. That’s the group that’s been leading the discussion about how solar PV, batteries, demand response […]
50% Of Proved Oil Reserves May Have Just Vanished
An extensive new scientific analysis published in Wiley Interdisciplinary Reviews: Energy & Environment says that proved conventional oil reserves as detailed in industry sources are likely “overstated” by half.According to standard sources […]
The Utility Industry Is Rebranding Itself: PR Ploy or Serious Attempt to Connect With Customers?
Utilities are often criticized for not connecting deeply enough with their customers. In a world where choice is becoming more important — turning ratepayers into dynamic consumers — power companies need to […]
The Nuclear Industry Prices Itself Out Of Market For New Power Plants
In the modern era, nuclear power plants have almost always become more and more expensive over time. They have a “negative learning curve” — along with massive delays and cost overruns in […]
U.S. methane problem is much worse than we thought
It’s no secret that the United States has a methane problem. Methane accounts for about one half of 1 percent of the country’s greenhouse gas emissions — it’s released mostly from natural gas […]
ExxonMobil’s New Reserves Fall Short For First Time In 22 Years
For the first time in over two decades, ExxonMobil failed to replace the oil and gas that it pumped in a year.ExxonMobil reported on February 19 that it added 1 billion barrels […]
Is Oil Pushing Down The Economy, Or The Other Way Around?
Conventional wisdom has long held that when oil prices drop, consumers experience an increase in discretionary income while corporations experience a boost in profit margins. At the same time, companies in the […]
It’ll Take More Than an Oil Rally to Restart Shale Boom
Explorers in U.S. oil fields stung by the quick rise and fall in the market last year are expected to move cautiously when crude prices begin to climb again.Bill Thomas, chief executive […]
The Coal Decline Is Now Irreversible
There was a lot of talk last year about coal resources needing to be left in the ground if the world was to reach its 2-degree-celsius reduction environmental targets.The suggestion was that […]
Prometheus Institute 