The Global Shale Gas Revolution (Dear Renewables: Meet the New Competition for Power Generation)

By Donald Hertzmark -- October 14, 2009 13 Comments

Editor’s note: This article is the first of two posts on shale gas production and concerns the U.S. situation. The second will look at the potential impacts of shale gas production in Europe and China. While some have interpreted shale gas in terms of coal displacement in power generation, this new competition has profound (negative) implications for the viability of politically favored renewables in power generation.

Shale gas formations have been known for many years. But only in the 1990s did an understanding of hydraulic fracturing technology make production of gas from such formations feasible technically. And it was not until the middle of this decade, with U.S. domestic gas prices consistently above $10/mmbtu, that shale moved from an interesting future resource to a major current reserve.

The U.S. Department of Energy now estimates that recoverable shale gas resources in the U.S.…

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Forced Coal-Plant Conversions to Natural Gas: False Hope for “Cheap” Climate Action

By Robert Peltier -- October 10, 2009 5 Comments

[Editor: This MasterResource post from July is reprinted given the ‘war on coal’ strategy by environmental groups and certain activist strands of the upstream natural gas industry, led by Chesapeake Energy (Aubrey McClendon.]

Robert F. Kennedy Jr., president of Waterkeeper Alliance, posits in the Financial Times (July 19) that converting our fleet of coal-fired power plants to natural gas could be accomplished “practically overnight” and will have the effect of “jump-starting our economy….without the expense of building new power plants.” Thus did Kennedy express his new-found love of natural gas: It’s our “bridge fuel to the ‘new’ energy economy.” (Where have we heard that before–wasn’t that Enron’s tag line decade or two ago?)

Yet Kennedy’s proposal ignores the extremely high cost of fuel conversion (upwards of $100 million for a medium-size coal plant) and the added fuel cost to burn gas.…

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The United States is the World’s True Energy Superpower

By Donald Hertzmark -- September 18, 2009 9 Comments

We are used to hearing about how far behind the curve the United States is on energy. Just today, we were reminded that Germany and China will gobble up our future since we have failed to invest in solar and wind technologies, in particular, photovoltaic fabrication plants.

Actually, that’s not quite true. There are quite a number of PV plants in the U.S., just not any using the technology touted by the New York Times reporter.

And as for wind: did you know that “China is going to eat our lunch and take our jobs on clean energy.” That is not true either. Current wind generating capacity in the U.S. is just shy of 30,000 MW, larger than any other country, including Germany (24,000 MW) and China (13,000 MW).…

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Even the Generals are Worried! Mission Creep, Climate Change, and National Security (Part 2)

By -- September 16, 2009 5 Comments

This is part 2 of my post on a recent Partnership for a Secure America (PSA) briefing on climate change, energy and national security. Yesterday’s post made two main points:

(1) The strange-bedfellow coalition of defense hawks and eco-warriers is based not on sound national security arguments but on a convergence of political interests. For defense hawks, the alleged climate crisis facilitates mission creep by providing an open-ended rationale to expand DOD programs, activities, capabilities, and the appropriations to fund them. For green groups, partnership with defense and intelligence big wigs builds their already formidable lobbying machine and gives them cachet with conservatives who generally oppose government meddling in energy markets and Kyoto-style “global governance.”

(2) The PSA panelists exaggerate the security risks of climate change. The “history” of global warming, recent research on climate sensitivity, and even the Stern Review (properly understood) call into question the claim that climate change is an important “threat multiplier.”

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Dear Thomas Friedman: Are You a Fascist Wannabee?

By Donald Hertzmark -- September 11, 2009 8 Comments Continue Reading

John Holdren and Mineral/Energy Depletion (Revisited)

By Robert Bradley Jr. -- August 17, 2009 2 Comments Continue Reading

Forced Coal-Plant Conversions to Natural Gas: False Hope for “Cheap” Climate Action

By Robert Peltier -- July 23, 2009 9 Comments Continue Reading

Where is the Real Dr. Chu, Mr. President? (Climate alarmism – nuclear = not much on the supply side)

By Donald Hertzmark -- July 17, 2009 5 Comments Continue Reading

U.S. Gas Resources: Julian Simon Lives! (Malthus, Hotelling, Hubbert are wrong again)

By -- June 22, 2009 2 Comments Continue Reading

Energy Reality Wins at Exxon Mobil Annual Meeting (Atlas is not shrugging at this substance-over-form company)

By Robert Bradley Jr. -- May 30, 2009 6 Comments Continue Reading