Milton Howard’s Grid Cancer Projects

By Robert Bradley Jr. -- March 21, 2023 No Comments

“It took a decade in Texas, but the cancer grew and spread–thanks, in part, to the very projects that Mr. Howard lists on his resume. Between 3,000 and 4,000 MW of mostly wind but also solar projects are claimed, led by Los Vientos I, II, III, IV, V, and VI….

Milton R. Howard, one of the nation’s leading wind/solar developers (along with the spouse of the Houston Chronicle business editorialist, another story) sees himself as a great man, creating value for society in addition to his employer and himself.

He describes himself as a “people person” who is “making this world a better place than I found it.”

I am driven to make things better from an overall economic, social and environmental standpoint. I am passionate and a high achiever but also very much a people person.

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Texas’s Central Planning: Duplicating the Grid

By Robert Bradley Jr. -- March 16, 2023 2 Comments

“The answer to ensuring a reliable and affordable supply of electricity in Texas is not more subsidies, it is less subsidies. It is getting politicians out of the electricity business.” (Bill Peacock, below)

“The conundrum is that the greater the overall share of renewables in the energy mix, the more customers will have to spend on these largely redundant backups.” (Financial Times, below)

Economists have warned against central planning where a government monopoly is invoked and decisions are made from the center. Free-market analysts also long warned Texas that the government-enabled takeover of the grid with wind and solar (dilute, intermittent all) would cripple the ability of the reliables (gas-fired, coal-fired, and nuclear) to make the grid stable and secure, short of ‘Acts of God.’

But Acts of Political Man won out, and the Great Texas Blackout of February 2021 happened.…

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King Coal: India, Japan Update

By Robert Bradley Jr. -- March 15, 2023 1 Comment

“In a free energy market, Solar + Wind would be whittled down to less than 1-2% of total electricity on [India’s] Grid.” (C. S. Krishandev, below)

“Yokosuka is one of the 22 new coal-fired power plants planned to be built in Japan by 2025, and it is the only coal-fired facility being constructed in Japan’s Greater Tokyo area.” (NS Energy, below)

Two recent social media posts by independent energy consultant C. S. Krishnadev provide an interesting look at recent coal developments. One is on India electricity demand, the other on a coal-for-oil/gas plant conversion in Japan. The upshot: Coal has many decades left as a primary energy to generate electricity.

India Current

Krishnadev provided an interesting update on India’s electrical generation mix:

In a 24 hr period, India consumes 4.2 billion Kwh of electricity.

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“BP’s CEO Plays Down Renewables Push as Returns Lag” (‘beyond petroleum’ imaging wearing thin)

By Robert Bradley Jr. -- February 2, 2023 3 Comments

“[CEO Bernard Looney] and other BP executives have suggested that the company could play down future investment in areas including solar energy and offshore wind, according to some of the people. Discussions about the company’s direction have caused rifts inside BP over the past year, people close to the company say.”

The Wall Street Journal published a very revealing piece yesterday. “Bernard Looney seeks to sharpen strategic focus, with less emphasis on environmental goals,” reported Jenny Stasburg (February 1, 2023).

She begins:

Chief Executive Bernard Looney plans to dial back elements of the oil giant’s high-profile push into renewable energy, according to people familiar with recent discussions.

Mr. Looney has said he is disappointed in the returns from some of the oil giant’s renewable investments and plans to pursue a narrower green-energy strategy, the people said.

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Duke Energy’s Rolling Blackouts: Remember Jim Rogers’ CO2 Politics

By Robert Bradley Jr. -- January 17, 2023 No Comments Continue Reading

“THIS AGREEMENT WILL BE GOOD FOR ENRON STOCK!!” (Enron’s Kyoto memo turns 25)

By Robert Bradley Jr. -- December 12, 2022 2 Comments Continue Reading

“Not Cheap, Not ‘Green’” at the California Energy Commission

By Tom Tanton -- August 26, 2022 1 Comment Continue Reading

“Renewable Energy: Not Cheap, Not ‘Green’” Turns 25

By Jon Boone -- August 25, 2022 2 Comments Continue Reading

Classical Liberalism and Electricity: Ten Questions for Lynne Kiesling

By Robert Bradley Jr. -- August 17, 2022 No Comments Continue Reading

ExxonMobil Joins Left’s Climate/Energy Agenda (H.R. 5376)

By Robert Bradley Jr. -- August 10, 2022 1 Comment Continue Reading