A Free-Market Energy Blog

Cape Cod’s (Offshore) Wind Economics: Schleede Responds to Clean Power Now

By Glenn Schleede -- April 4, 2009

[MasterResource editor] Clean Power Now VP Charles Kleekamp argued in favor of the proposed Cape Wind offshore wind project on economic grounds in guest editorials in the March 6 Cape Cod Times and March 15 Cape Cod Today. In letters-to-the-editor to the same papers (not published), Glenn Schleede challenges Kleekamp’s analysis and describes what information the developer of Cape Wind would need to provide to help determine what the ensuing cost of per kilowatt-hour is likely to be. Still, Massachusetts electric users can be expected to be paying more because such power is bring driven by state’s Renewable Portfolio Standard and the fact that electricity from wind is intermittent.

Mr. Schleede’s analysis follows.

Dear Editors:
Unfortunately, Mr. Kleekamp’s Opinion column in the March 6 issue of Cape Cod Times and March 15 issue of Cape Cod Today presents highly misleading information about the true cost of electricity that would be produced by the proposed Cape Wind project.…

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An Electrifying Irony (False hopes and promises in the transportation market)

By Kenneth P. Green -- April 3, 2009

To those who have a memory that transcends more than a few weeks, recent events in the auto sector must induce a great feeling of irony.

Back in August of 2008, then-candidate Obama called for 1 million plug-in hybrid vehicles to be on the road by 2015.

To that end, then-candidate Obama called for:

*$4 billion in tax credits to American automakers to retool plants for the production of plug-in hybrid cars capable of 150 miles to the gallon;

*A $7,000 tax credit for consumers who bought early model plug-in vehicles; and

*Candidate Obama vowed that half of all cars purchased by the federal government would be plug-in hybrids or all-electric by 2012.

As both candidate and president, Obama has repeatedly raised plug-in hybrids as a vital technology for greening Detroit.…

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Could Carbon Capture Keep the Lights on in a Carbon-constrained World?

By -- April 2, 2009

A few weeks ago, the Congressional Research Service (CRS) published a report on carbon capture and storage (CCS) technologies for coal-fired power plants.According to CRS, commercialization and widespread deployment of CCS will require “demand pull” regulation, such as Clean Air Act New Source Performance Standards, combined with cap-and-trade or carbon taxes; and it will require support for “technology push” RD&D (research, development, and demonstration) via government grants, tax preferences, and loan guarantees.

CCS will not be deployed on an industrial scale without “demand pull” regulation, because burning coal with CCS will always be more expensive than burning coal without it. Yet “technology push” RD&D to reduce CCS-related cost penalties is also critical. Although CRS does not explicitly say so, it implies that if CCS costs do not decline dramatically, carbon caps or taxes would make coal generation uneconomic.…

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Time to Test Climate Scare-and-Regulate? (Considering Ross McKitrick’s self-destruct clause)

By Chip Knappenberger -- April 1, 2009
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Obama’s Chu–Echoing Carter’s Schlesinger–Sees Peak Oil and Gas

By -- March 31, 2009
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Conference of the Century! (Fantasizing about a 350 ppm CO2 Cap)

By -- March 30, 2009
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Pickens Plan II: Retreat as Prelude to Failure? (worth reading Sunday)

By Robert Bradley Jr. -- March 29, 2009
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“Renewable” Energy: In Search of Definition

By -- March 28, 2009
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Human Achievement Hour” Saturday March 28th at 8:30 PM (celebrate energetically–don’t turn off the lights)

By Robert Bradley Jr. -- March 27, 2009
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Energy Strangulation: The Obama Game Plan Emerges

By Kenneth P. Green -- March 26, 2009
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