After more than two decades of hype about the imminent arrival of a transformative “hydrogen economy”, many veteran technology watchers — myself included — had concluded that hype was pretty much all […]
Too Much of a Good Thing? An Illustrated Guide to Solar Curtailment on California’s Grid
The end of California’s drought is exposing the full effect of the state’s move to renewable energy. A wet winter has loaded up the hydroelectric system, while solar generation rose by 33 […]
Electricity Markets and Missing Money
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 […]
Westinghouse’s Bankruptcy Threatens the Nuclear Revival
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 […]
Most Middle East Oil Producers Won’t Break Even This Year
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 […]
Tech Miracle In U.S. Shale Is A Media Myth
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 […]
The Importance Of U.S. Oil And Natural Gas Exports
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 […]
Why Oil Forecasting Is So Difficult Now: Short-Cycle vs. Long-Cycle vs. “Peak Demand”
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 […]
Banner Week for Progress on U.S. Advanced Reactors
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 […]
Clean Energy Can Bring $10 Trillion Annual Benefits By 2050
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 […]
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