Showing posts with label natural gas. Show all posts
Showing posts with label natural gas. Show all posts

Wednesday, January 20, 2016

DOE To Invest In Small Nuclear Reactor Tech

By Michael McDonald - Tue, 19 January 2016 
 
While oil and natural gas prices may be very low today, in the medium- and long-term it’s likely that fossil fuels will be significantly more expensive. For that reason, it’s important that alternative energy sources continue to be developed. The Department of Energy appears to share that view as the government recently announced that it was selecting two companies, X-energy and Southern Company to work on advanced nuclear reactor designs.

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Thursday, January 22, 2015

Report: Power plants, gas companies still feeling each other out

By Wayne Barber, Chief Analyst, GenerationHub 

Power generators and the businesses that provide them natural gas are still figuring each other out, and a new white paper concludes that if differences between the two sectors aren’t harmonized problems could arise, according to GenerationHub.

Authored by the Illinois Institute of Technology, the Long-Term Electric and Natural Gas Infrastructure Requirements White Paper offers a series of recommendations aimed at harmonizing electricity and natural gas markets. The report also seeks to raise awareness within the industry and regulatory community about potential challenges.

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Friday, October 31, 2014

Nuclear Energy: The Once and Future Power Source

By Brandon Ott (RCP) - To say the nuclear industry has had highs and lows in the last 35 years is an understatement. The “atoms for peace” that were intended to wean Planet Earth off fossil fuels, make Western nations energy independent, and provide a clean environment all but screeched to a halt after the disasters at Three Mile Island in 1979 and Chernobyl in 1986.  Add in 20 years of weapons of mass destruction talk and sensational sci-fi movie explosions -- all before a tsunami overwhelmed a reactor on the coast of Japan -- and nuclear energy was on the verge of going full dodo.

In the United States, nearly all of the currently active nuclear power plants were built 40 years ago or more. We’d gone almost 30 years without seeing any new ones built. Now, five reactors are under construction, with one close to coming online, and many more are receiving licenses to operate for another 20 years. After four plant closures since 2013, the United States has 100 working reactors with clear support from the American public.

Yet growth has been sluggish, for several reasons. First, the revolution in hydraulic fracturing technology dramatically expanded the supply of oil and natural gas while driving the price of natural gas to historic lows.  Utility companies looking to build new power plants are looking at a third the cost per kilowatt-hour if they employ “nat-gas.”


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