Prometheus Institute

Recent Posts - page 2

• Electricity Markets and Missing Money

  By PI News Feed on April 9, 2017

  If you work in electricity markets and someone mentions “missing money,” it doesn’t make you think of a lost wallet or a sticky-fingered bank teller. Instead it evokes regulatory policies that lower the revenues electric generation companies can make in… Read More ›

• Westinghouse’s Bankruptcy Threatens the Nuclear Revival

  By PI News Feed on April 9, 2017

  Westinghouse, of the most important players in nuclear, filed for bankruptcy protection last week. It’s a potential blow to the global industry. After all, half of the world’s nuclear reactors use Westinghouse technology. The company has been working on two… Read More ›

• Most Middle East Oil Producers Won’t Break Even This Year

  By PI News Feed on April 9, 2017

  Most crude oil producers in the Middle East, Africa and the emerging economies of Europe (EEMEA) won’t be able to patch up their budgets this year, Fitch Ratings warned, forecasting an average price of $52.50 a barrel for the… Read More ›

• Tech Miracle In U.S. Shale Is A Media Myth

  By PI News Feed on March 22, 2017

  

  I am tired of hearing about the unbelievable impact of technology on collapsing U.S. shale production costs. The truth is that these claims are unbelievable. The savings are real but only about 10 percent is from advances in technology. About… Read More ›

• The Importance Of U.S. Oil And Natural Gas Exports

  By PI News Feed on March 21, 2017

  According to the International Energy Agency’s (IEA) latest World Energy Outlook (released in November), oil and natural gas will still supply over 50% of the world’s energy in 2040. But, given the tendency to overestimate the ability of naturally intermittent renewables to displace (not… Read More ›

• Why Oil Forecasting Is So Difficult Now: Short-Cycle vs. Long-Cycle vs. “Peak Demand”

  By PI News Feed on March 21, 2017

  Oil experts are deeply divided in their views on the future of what is still the world’s key commodity. This divergence was on display at last week’s CERA Conference in Houston, which brought together industry executives, consultants, media, and government… Read More ›

• Banner Week for Progress on U.S. Advanced Reactors

  By PI News Feed on March 21, 2017

  Four major announcements were made last week by developers of advanced nuclear reactors in the U.S. All of them indicate progress towards completing designs and engagement with nuclear safety agencies. There are significant distinctions between them in terms of technical… Read More ›

• Clean Energy Can Bring $10 Trillion Annual Benefits By 2050

  By PI News Feed on March 21, 2017

  A dramatically increased share of renewables and higher energy efficiency have the potential to create benefits of up to $10 trillion annually by 2050, compared to estimated incremental system costs of decarbonization of $1.8 trillion annually, according to a… Read More ›

• The Energy Star Program Saves Americans Billions. So, Why Cut It?

  By PI News Feed on March 19, 2017

  Evidently, President Trump and his environmental protection chief Scott Pruitt are just getting warmed up. Now they’ve set their sights on one of the most successful and noncontroversial energy-related programs the U.S. Environmental Protection Agency has ever managed – Energy… Read More ›

• There’s Vast Untapped Potential for Solar Rooftops in the US, Says Google

  By PI News Feed on March 18, 2017

  When Google first launched a website two years ago that collects data on solar rooftops, called Project Sunroof, it only covered a few cities. But this week, the search engine giant announced the solar site is now crunching data for… Read More ›

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