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Bloomberg's First Word Energy
Coal can’t get much love. Cheap natural gas and a bevy of EPA regulations are conspiring to force old coal plants to close and pushing U.S. production down to less than one billion short tons, near a two-decade low. While low-cost production in Wyoming and Illinois has been able to hold steady, the legacy mines of Appalachia face devastating losses in production and jobs. Meanwhile, projects that were supposed to demonstrate a future for coal in a carbon-constrained world are struggling or dead. The Obama administration pulled the plug on the FutureGen clean coal project this month. Another similar project… [more]
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Distinguished Professor of Energy
University of California, Berkeley
This is the second in a series of discussions led by invited speakers at the upcoming Physics of Sustainable Energy conference to be held March 8-9, 2014 at the University of California, Berkeley. Find more details below. The new Ivanpah Solar Electric Generating System located in California’s Mojave Desert is the world’s largest concentrated solar thermal power station. The first of it’s kind at this scale, Ivanpah’s 392 megawatts of capacity (enough to power 140,000 homes) is generated by 360,000 garage-door-sized mirrors concentrating sunlight onto a 40-story boiler tower. The heat from the sunlight boils water in the tower and… [more]
View InsightLast week, DOE announced plans to continue its provision of loan guarantees for approved renewable energy projects. The announcement comes seven months after the controversy surrounding the agency’s loan to Solyndra, the California-based solar manufacturer which filed bankruptcy after receiving a $535 million DOE loan guarantee. Solyndra’s loan guarantee was administered under a program authorized by Section 1705 of the American Recovery and Reinvestment Act of 2009, which elapsed in September 2011. The new loans will be directed under a program created by section 1703 of the Energy Policy Act of 2005. The Section 1703 program has $34 billion in… [more]
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