Longtime Rant readers know I keep both feet on planet Earth, capturing all sides (typically two) and explaining, yes, but (fill in the blank). For the next case study, I was recently presented with a slide deck from the Rocky Mountain Institute (RMI), The Cleantech Revolution, It's Exponential, Disruptive, and Now. There are many brilliant people at RMI. Amory Lovins, its cofounder, is one such brilliant revolutionary. Amory's famous home in the Rockies can grow bananas in winter. That's great, but is it scalable? It is 4,000 square feet and was completed in 1984 for $500,000, which would be over…
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One of many sources of information that fuel my brain to write this blog is the American Energy Society’s Energy Matters newsletter. The newsletter features many items I don’t find elsewhere, and impressively, they seem unbiased – it is what it is. Power Generation According to a linked New York Times article, 200 coal-fired power plants have closed in the last decade, with 200 remaining and 50 slated for shutdown in the next five years. They also linked to this informative, interactive map showing power generation from the Energy Information Administration. The black dots represent the remaining coal-fired power plants,…
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A recent Realclearwire.com article noted that since 2021, the cumulative effect of persistent inflation has reduced Americans’ purchasing power by 19%. Since 2021, grocery prices have increased by 21%, gasoline prices have increased by 47%, shelter costs have increased by 20%, and electricity costs have increased by 30%. Wholesale prices rose at the fastest rate in April 2024 since April 2023, signaling persistent pressure on retail prices for months to come. When I read the data, I think of energy prices rolling through everything, adding to consumer prices across the board. For example, diesel fuel prices roll through the food…
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I was going to skip predictions for 2024, but due to popular demand, I’ll throw some chicken bones at the tarot card enthusiasts. Like other things in my life, I don’t make safe bets or set goals of high probability. If my guesses aren’t 50% wrong, I’m not sufficiently aggressive. Clean Energy Investment Curtailment Inflation will continue to chop block the economy, including clean energy investment. I have a saying that many have heard in recent months: inflation is no problem for those of us who don’t need food or shelter. The Wall Street Journal recently reported that manufacturing in…
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A colleague recommended a podcast, The Diary of a CEO, with Steven Bartlett. I especially resonated with the message from the “Savings Expert” episode dated November 6, 2023. The guest is an author who said, “I write for an audience of one, and that is me.” He calls it selfish writing. “I don’t write for this person or that person or group. I write what I’m interested in and in a way that I think is interesting. I try to solve my own problems. If it will help me, maybe it will help somebody else.” He said the traditional writing…
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It seems the laggards are finally realizing the planned energy transition to renewables and battery storage – maybe even throwing in a few million miles of 345 kV transmission lines – will not deliver reliable, affordable power. Miami Herald headline: Half of US at risk of losing power in winter due to strains on power grid. The article notes that “half” is up from a quarter just a year ago. It also reports that during last year’s Christmas Cliffhanger known as Elliot, natural gas generators (the bridge to nowhere) broke down or couldn’t get fuel. I called this shot reverse…
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It seems like someone coined the line, “what others are saying,” but I can’t find it. So, maybe I’ll coin “what others are saying” with that; here is what others are saying: lawmakers and policymakers should read the Rant. Here is why, starting with this PR Newswire: “Recent studies indicate that as of this year, 99% of all coal plants in the U.S. were more expensive just to operate compared to building new wind and solar. This is especially true for Iowa, where all coal used in power plants must be imported, costing ratepayers both the cost of coal and its transport.…
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A few weeks ago, we had a little snafu. A promotional email said the energy transition is failing. That hit a nerve with one state government official. This week, I’ll present some facts, and you can decide. Cobalt First, we have the issue of diversity, equity, and inclusion in the energy transition. The following video from France’s AFP News describes the toil in Congo for cobalt, a key ingredient of lithium-ion batteries for electric vehicles and grid-scale storage. The video states the scene shows “almost biblical toil.” No. It’s biblical. Seventy-two percent of the world’s cobalt comes from the Democratic…
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We open this week’s Energy Rant with a called shot. Michael and Chantell Sackett are enjoying fresh mulch provided by the SCOTUS as they sent the EPA’s interpretation of “navigable waterways” to the woodchipper as predicted here last October. The energy transition is having problems, as this blog has often predicted. The message is hitting the mainstream. For example, last Friday, The Wall Street Journal featured three articles on the sputtering and wheezing transition in one edition. The first was global with the headline, Your Coming Summer of Blackouts. Faulty Power Markets Some things are working in reliability’s favor. The…
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I spent last week in California, where the energy transition is being jammed at a breakneck pace like a square peg in a round hole. I’ll set the stage with just a few things. First, the duck curve, a feature of excessive solar generation that began overgenerating a year or two ago, is now the “canyon” curve. Overgeneration occurs around 10 GW of net load – the amount needed to keep hot resources spinning in case of a fault in the system. The image below shows the current and forecast net loads on CAISO as of Saturday, May 20, 2023.…
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