Mexico’s most recent oil tender…
The SPR oil sale is…
The safe, reliable nature of renewable energies such as solar and wind has been overlooked up until recently. With the passing of hurricane Sandy, which disabled New York City’s power grid, some people have started to notice that renewable energy sources were virtually unaffected, and not once was there any worry of a leak of combustible fuel or radiation.
The wind and solar farms in the northeast caused no anxiety, whereas officials were keeping very close eyes on nuclear power plants, and even shut down three in New Jersey and New York.
John Kourtoff, president and CEO of Toronto-based Trillium Power Wind, explained that “renewables at their core are simple bio-mimicry based on nature. This simple and closed aspect makes them successful when storms and natural disasters happen, whether hurricanes, earthquakes, or tsunamis.”
Related Article: The U.S.-EU Green Energy Divide
Last year’s disaster at the Fukushima is a perfect example, when a tsunami devastated the nuclear power plant, yet left the local wind turbines un damaged.
He mentioned that wind and solar do not need additional energy inputs to produce electricity, they merely take advantage of energy that is readily available. There is no fear of disruptions to supply of natural gas, oil, or coal.
Nor is there any fear of a cascading failure, whereby the failure of just one part of the system can bring down the entire power generation process. If a wind turbine loses a blade, or a solar panel breaks, the rest of the farm continues to operate as normal.
By. Charles Kennedy of Oilprice.com
Charles is a writer for Oilprice.com