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Discussion

Should Energy Companies Disclose Their Climate Risk?

Author(s): Sharon Reishus
President
Reishus Consulting, LLC
Date: May 23, 2016 at 11:00 AM

The New York Attorney General has been investigating Exxon Mobil for failing to disclose to its investors the risk that climate change may have on the value of the company’s assets, including its extensive oil reserves, which some claim must remain in the ground if necessary future reductions in carbon emissions are to be achieved. As the controversy around Exxon Mobil’s carbon-related financial reporting continues, other entities are moving forward to address so-called climate change or “carbon asset” risk. In fact, the institutional investment fund CalPERS now requires that companies it chooses to invest in have at least one member… [more]

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Discussion

Energy R&D and Terrorism

Author(s): Michael S. Lubell
Professor of Physics
City College of the City University of New York
Date: May 12, 2016 at 10:30 AM

Substituting solar, wind and safe nuclear energy for fossil fuels is a big plus for safeguarding the global environment. But it is also a vital step in fighting terrorism. For many decades, the Organization of Petroleum Exporting Countries, or OPEC as the international cartel is commonly known, successfully regulated world oil supplies and thereby the price of a barrel of oil on the international market. By doing so it filled the national treasuries of Saudi Arabia, Iran, Iraq, Venezuela and nine her nations across the globe, giving them an outsized role on the stage of world affairs, where their interests… [more]

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Should Policymakers Reconsider the Role of Biomass?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 2, 2016 at 11:00 AM

The Senate recently passed the bipartisan Energy Policy Modernization Act (S.2012) cosponsored by Senators Murkowski and Cantwell. One aspect of the bill that is creating controversy revolves around provisions characterizing biomass as a renewable, carbon-neutral energy source. This new, definitive characterization has sparked significant disagreement. Proponents argue that the carbon emitted from biomass is part of a closed-loop system through which plant regrowth captures CO2 emissions. The Biomass Thermal Energy Council expressed its support of the carbon-neutral designation in the legislation, indicating that the bill puts “clean, highly efficient energy from biomass on a better footing to contribute to our… [more]

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We Need to Study the Value of Pumped Storage

Author(s): Nate Sandvig
President
Clean Energy Development, LLC
Date: April 25, 2016 at 1:30 PM

Pumped storage hydro (PSH) has provided the U.S. with greater capacity for energy storage and grid reliability since the 1920s, although not to its full potential. The capabilities of PSH could be realized as a result of freshly passed energy legislation in the Senate. If S.2012 is signed into law, it would direct the Federal Energy Regulatory Commission to “identify and determine the market, procurement, and cost recovery mechanisms that would encourage development of PSH; and properly compensate those assets for the full range of services provided to the power grid.” The Department of Energy (DOE) agrees, and recently recognized… [more]

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Should We Continue Tax Credits for Carbon Capture?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 18, 2016 at 11:30 AM

As a party to the Paris Climate Agreement, the United States affirmed its continued commitment to significantly reducing carbon emissions by 2025. According to the Department of Energy and the International Energy Agency, achieving large CO2 reductions will require an “all of the above approach” with new and innovative energy technologies playing a primary role in any successful CO2 mitigation strategy. One technology receiving bipartisan support from a number of policymakers is carbon capture and sequestration (CCS). In February Representative Mike Conaway (R-TX 11th Dist.) introduced a bill, which would expand and create a permanent tax credit for CCS. Senator… [more]

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The Future Is Here – Do We Embrace It or Not?

Author(s): Scott Sklar
President
The Stella Group, LTD
Date: April 11, 2016 at 2:30 PM

Over 20 states are reviewing their net-metering rules for solar energy and at least 10 are conducting value of distributed generation studies. But is this just delaying the inevitable — that states must embrace policies that promote energy saving technologies rather than sustain their traditional grids? And are solar energy systems the only culprit? In fact, energy conservation technologies have already significantly impacted baseload demand patterns. According to the Department of Energy (DOE), light-emitting diode (LED) installations increased in all applications between 2012 and 2014, more than quadrupling to 215 million units overall. Energy Star notes “In 2014…American families and… [more]

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Hydraulic Fracturing and Water Resources: Separating the Frack from the Fiction

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 6, 2016 at 3:42 PM

Full Title: Hydraulic Fracturing and Water Resources: Separating the Frack from the Fiction Author(s): Heather Cooley and Kristina Donnelly Publisher(s): The Pacific Institute Publication Date: Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): Natural gas has been touted by some as a key “bridge fuel” that will transition the United States toward a more low-carbon energy economy. Energy analysts, including the United States Energy Information Administration (U.S. EIA), project that the United States will become increasingly reliant on natural gas. According to U.S. EIA estimates released in January 2012, natural gas production is projected to increase by nearly 30% over the next… [more]

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Drilling Deeper: A Reality Check on U.S. Government Forecasts for a Lasting Tight Oil and Shale Gas Boom

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: at 3:10 PM

Full Title: Drilling Deeper: A Reality Check on U.S. Government Forecasts for a Lasting Tight Oil and Shale Gas Boom Author(s): J. David Hughes Publisher(s): Postcarbon Institute Publication Date: Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): Drilling Deeper reviews the twelve shale plays that account for 82% of the tight oil production and 88% of the shale gas production in the U.S. Department of Energy’s Energy Information Administration (EIA) reference case forecasts through 2040. It utilizes all available production data for the plays analyzed, and assesses historical production, well- and field-decline rates, available drilling locations, and well-quality trends for each play,… [more]

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Approaches to Address Potential CO2 Emissions Leakage to New Sources under the Clean Power Plan

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: at 12:01 PM

Full Title: Approaches to Address Potential CO2 Emissions Leakage to New Sources under the Clean Power Plan Author(s): Resources for the Future (RFF) Publisher(s): Resources for the Future (RFF) Publication Date: 01/2016 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): To guide state implementation of the Clean Power Plan, EPA has proposed a model rule for states that regulates only existing affected generating units on a mass basis. The model rule also is expected to form the basis for a federal plan. The model rule, when finalized, would be presumptively approvable for states. Our comments are presented as 10 recommendations that are… [more]

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Are Wholesale Electricity Markets Working?

Author(s): Alex Gilbert
Cofounder
Spark Library
Date: April 4, 2016 at 12:00 PM

In the last twenty years, the United States has been in the process of restructuring its electricity generation. Today, wholesale electric markets are controlled by regional transmission organizations (RTO) and independent system operators (ISO) that direct electric grid operations and run day-ahead and real-time pricing. These grid operators, which are regulated by FERC, now oversee more than two-thirds of America’s bulk power system and are meant to create value by improving system reliability and lowering electricity costs. However, there are serious questions about whether RTOs/ISOs are operating efficiently. Areas of concern include 1) whether reliability is improving and costs are… [more]

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