Power Generation Industry Forecast: Natural Gas as Fuel of Choice, Little Change for Other Technologies (Part I of II)

“It’s déjà vu all over again,” said Yogi Berra. The baseball Hall of Famer could easily have been predicting the coming resurgence of new natural gas–fired power plants. A couple of nuclear plants may actually break ground, but don’t hold your breath. Many more wind turbines will dot the landscape as renewable portfolio standards dictate resource planning, but their peak generation contribution will continue be small (and disappointing).

The most interesting story for 2010 is that the dash for gas in the U.S. has begun–again. In Part II or this two-part report, we will explore the challenges facing nuclear, coal, and renewable energy electricity sources in 2010 and beyond.

Business Climate–Energy Demand

As we enter the second decade of the 21st century and a second year of avoiding an economic collapse, the U.S.…

Dear Tom Friedman: Don’t Want You to Die Off … Just Get Well!

In the New York Times editorial page’s latest excursion into shrill climate alarmism, foreign affairs correspondent Thomas Friedman accuses those opposing the current cap-and-tax bill as wanting a few people, say 2.5 billion to die off.  And us bad guys are just grasping at straws. “. . . you will notice that the drill-baby-drill opponents of this legislation are now making two claims,” he says. “One is that the globe has been cooling lately, not warming, and the other is that America simply can’t afford any kind of cap-and-trade/carbon tax.”

Gosh, Tom, I suppose that the pace of global warming has accelerated in the last decade, and hurricanes are getting more frequent and stronger too. And those emails from the alarmist in-crowd that the climate world (and general public!) are reading about right now–those are the good guys, the real disinterested scholars at work.…

The Bear Growls, The EU Grovels: Adventures in the European Gas Market

Among those hoping that global warming is real we should now count the EU.  As winter approaches there is, quelle surprise, the initial hint of yet another gas supply crisis between Russia, Ukraine and Russia’s EU customers.  The problem is that those pesky pipelines have to go through somewhere to reach the market and that somewhere happens to be the Ukraine (unless it’s Poland, more on that later).

Source: US DOE, for better map resolution

All those red lines running Northeast-to-Southwest carry gas from Russia to the EU countries.  There is just no getting around the Ukraine for most of the transits; it is big and (if you are Russian) in the wrong place.

Gas: The Great Green Hope for Europe

As noted previously, gas use in Europe is roughly the same as that of the US, a bit over 20 tcf annually. …

Gas From Shale Deposits: A Worldwide Game-Changer? (Part II)

The Global Shale Gas Revolution (Dear Renewables: Meet the New Competition for Power Generation)