Insider Secrets

Insider Secrets

Learn how the PROs are making money from the oil and energy market.

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Alternative Energy

  • Sky Falls for Wind Energy

    A study featured in the journal Nature suggests that the latest victim of the green-versus-clean debate is the wind turbine. Researchers looking at wind farms in Texas found that overnight temperatures could increase over time compared with areas that don't have wind farms. This prompted a flurry of media massaging over the global warming link to wind farms, but there were a few "ifs" in the study that might quiet the alarm bells. The study, published in the journal Nature, found that while wind energy was among the fastest growing renewable energy sectors in the world, there were some drawbacks. The…

  • High Voltage Politics, Life and Times of the Electric Car

    Expensive to buy, cheaper to operate and of course friendlier to the environment, the electric car is traveling a bumpy road globally, with the added barrier of a bit of high-voltage politics Stateside – the toll it must pay for its bailout bounty. EVs (electric vehicles) and PHEVs (plug-in hybrid vehicles) are intended to help reduce fuel usage and CO2 emissions. The International Atomic Energy Agency (IAEA), the UN’s energy watchdog, hopes to see widespread adoption of electric vehicles by 2050. The IAEA envisions sales of electric vehicles reaching 7 million per year globally by 2020 and 100 million by…

  • Mother Nature Mugs California's Diablo Canyon Nuclear Power Plant

    On 11 March 2011 TEPCO’s Fukushima nuclear power plant was rattled by an offshore 9.0 on the Richter scale earthquake. The tremor subsequently generated a tsunami that effectively destroyed the complex, sending shock waves worldwide through the nuclear power industry, hoping that 24 years after Chernobyl, public amnesia and governmental commitments to curbing greenhouse gas emissions, nuclear power was moving back into the mainstream.Instead of a nuclear renaissance, Fukushima refocused a most unwelcome spotlight on existing nuclear power plants (NPPS) and their safety procedures.And in the U.S., of the nation’s 104 commercials, the NPP most assiduously avoiding the spotlight is…

  • The Un-Renewable Nature of Renewable Energy

    “Renewable energy” has two fundamental conceptual flaws. It’s not really renewable, and it’s not really energy.What is “Renewable”?“Renewable” in most definitions approximates to something like “naturally replenished” and it often contrasted with allegedly inferior, “finite” sources. It brings to mind the image of a pizza where a slice, once eaten, magically reappears. There is no such phenomenon in nature, though. Everything is finite. The sun and the photons and wind currents it generates are not infinite; they are just all part of a very large nuclear fusion reaction. True, that nuclear fusion reaction will last billions of years, but so…

  • Pakistan Nuclear Power Plant in Karachi - Bad Idea

    Pakistan is deep in a power crisis. Quite aside from distressing domestic consumers, the country’s episodic and erratic electrical generating capacity is also nobbling Pakistani exports. Endemic energy shortages have crippled Pakistan’s textiles industry, which account for 63 percent of Pakistan’s exports and whose mills employ 20 percent of the nation’s workforce. An example. In the past year half of Faisalabad’s 250,000 power looms have gone out of business because of natural gas shortages, which power the looms. In discussing the power shortages Faisalabad Chamber of Commerce and Industry president Muzammil Sultan said, after noting that at least 200,000 workers have…

  • Clean Energy Investment Must Change - Reward Innovation not Production

    Over the last five years, the world's largest nations collectively engaged in a massive policy experiment: what happens when governments triple the historic rate of public investment in clean energy?In the U.S., taxpayers will have spent $150 billion between 2009 and 2014, three times more than we did between 2002 and 2007, according to a comprehensive new report, Beyond Boom and Bust, co-authored by Breakthrough Institute with scholars from World Resources Institute and the Brookings Institution.The U.S. wasn't alone. China increased its clean tech spending to $80 billion per year. Europe has had high levels of investment in clean energy…

  • U.S. Nuclear Industry Must Find Vast Supplies of Uranium before Next Year

    THE SUPPLY CRUNCH Although nuclear power growth will continue to be driven by emerging economies like China, India, South Korea and even Saudi Arabia, the biggest consumer of uranium in the world today is still the US. There are some 104 nuclear reactors operating in the US, generating about 20 percent of total US electricity. In terms of uranium consumed by utilities, that translates into 55 million pounds of uranium per year. Currently, however, uranium mining in the US only provides about 3.5-4 million lbs per year.In the late 1970s, the US was the world's largest uranium producer, yielding over…

  • Nanotechnology Could Make Original Solar Technologies Obsolete

    The solar scenario over the last few decades has historically been dominated by silicone-based solar cells. Today, over 80 percent of the manufacturing infrastructure around the globe is dominated by silicone—the bulk of it now in China. Of course, China's solar manufacturing strategies are a huge part of the shift we're seeing in the market today as others suffer through a glut of materials on the market and rapid crashes in prices of solar cells.The Current LandscapeWhy is silicone dominating? For one, it's an abundant material, coming from sand. Out of the different types of silicone used, the end results…

  • The UK will Trade Renewable Energy in order to Achieve 2020 Targets

    The UK government is looking at joint financing of renewable energy projects or trading with other EU countries to help meet its renewable energy targets.The government claims it can reach its 2020 target of meeting 15% of energy consumption from renewable sources through domestic action alone. However, for reasons of cost effectiveness, commercial opportunity and contingency, it could also make use of the ‘flexibility mechanisms’ in the EU’s renewable energy directive.A 2009 report from consultancy Pöyry and trade association Eurelectric said that using flexible mechanisms could save the EU €17 billion ($23 billion) by 2020.The UK’s Department of Energy and…

  • Oilprice.com's 5 Most Influential Figures in U.S. Clean Energy

    As Oilprice.com embarks on its Top 5 series, we thought it expedient to begin with our take on the key figures shaping and influencing U.S. renewable energy efforts, not least because the issue of energy security is being prioritized in campaigning ahead of U.S. presidential elections. In considering from the numerous choices for these top five slots, we take into account a number of variables, including investment in renewable energy, the ability to influence policy and shape public opinion, and advocacy efforts. This goes well beyond simply counting coin – it is about innovation, imagination, vision, risk and patience. Arguably,…