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Relevance | DateRemembering When Enron Saved the U.S. Wind Industry (Best of MasterResource)
By Roger Donway -- September 4, 2010 15 Comments[Editor Note: This post by Robert Bradley Jr. from January 19th documents a fact that American Wind Energy Association might not want to know. If the American public understands why windpower is and must be government dependent to exist as an industry, and if the public knows about industrial wind’s Enron roots, then the same public might just say: ‘let’s take our energy back’.]
January 7, 1997, some 13 years ago, was one of the worst days in my 16-year career at Enron. Enron had already entered into the solar business (1994) in partnership with Amoco (Solarex), and the U.S. wind industry was on its back. Zond Corporation was struggling, and rival Kenetech had recently suspended its dividend and was on the way to bankruptcy. Enron bought Zond on this day and renamed it Enron Wind Company.…
Continue ReadingGermany: Wind and the Power Pool Savings Myth
By Donald Hertzmark -- September 3, 2010 12 CommentsGermany is a country that has been a leader in many aspects of “clean” energy development during the past decade. They were among the leaders in establishing pricing mechanisms for wind and solar, phasing out nuclear power and granting incentives to biomass energy producers. Germany has the highest proportion of wind in its generation mix, now around 20%, but is no longer the absolute installed capacity leader behind the U.S. and China.
With a vast investment in above-market generation resources some in Germany are channeling “Mad Man Muntz” of early US television history – “lose money on every sale but make it up with the volume.” It did not work for Muntz TV and it will not work for Germany.
A New Fairy Tale, Starring Wind Energy Generators
Lately, a story has gone round with the following general points:
- Assume that the marginal cost of wind is the lowest of all existing generation plant types;
- Assume that power pools in NW Europe accept generator bids based strictly on the marginal energy cost (MEC)
- Assume that wind can be the marginal generation resource during some peak periods
- Assume further that this MEC sets the price on the pool for those time segments (30 minutes) where wind is the marginal producer, and therefore
- Wind, by setting the MEC during some peak demand periods, will reduce the price of energy during such periods and save consumers money.
Rent Seeking with Global Warming: From Enron to California AB 32
By Tom Tanton -- August 24, 2010 6 CommentsJon Coupal, president of the Howard Jarvis Taxpayers Association, is a co-chair of the committee supporting the California citizens’ ballot initiative, Proposition to suspend California’s Global Warming Solutions Act (AB32).
The mainstream media has perpetuated a misperception that the Proposition 23 to suspend AB 32 is the work of, and funded by, sinsiter out-of-stater parties. That’s neither a real issue (what happens in California affects everybody) nor factually correct.
I can attest to the homegrown nature, having been involved for over four years—essentially since AB32 was first passed in 2006, as have others. The funding for opposition to the initiative has gotten very little attention by MSM, a phenomenon Mr. Coupal begins to correct in his featured column, reproduced below with permission, on the popular website FlashReport.
His editorial links Enron to regulating carbon dioxide (CO2).…
Continue ReadingAuthoritarian Science: The Public Wants–and Deserves–Better
By Kenneth P. Green -- August 10, 2010 11 Comments[This post, an abstract of a longer article from The American, was written with the assistance of Hiwa Alaghebandian, an energy and environment research assistant at AEI. Dr. Green’s post The Death Spiral for Climate Alarmism Continues (June 2, 2010) is one of the most viewed and influential published at MasterResource.]
In a Wired article published at the end of May, writer Erin Biba bemoans the fact that “science” is losing its credibility with the public. The plunge in the public’s belief in catastrophic climate change is her primary example. Biba wonders whether the loss of credibility might be due to the malfeasance unearthed by the leak of emails from the Climatic Research Unit at the University of East Anglia in the United Kingdom, but comes to the conclusion that malfeasance isn’t the cause of the public’s disaffection.…
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