A Free-Market Energy Blog

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

By Donald Hertzmark -- October 14, 2009

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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Windpower Is Not an Infant Industry!

By Robert Bradley Jr. -- October 13, 2009

“The use of wind power is as old as history.”

– Erich Zimmermann, World Resources and Industries (New York: Harper & Brothers, 1951), p. 62.

“The Federal Power Commission became interested in the Grandpa’s Knob [windpower] experiment during World War II, and commissioned Percy H. Thomas, a senior engineer of the commission, to investigate the potential of wind power production for the entire country. Thomas’ survey, Electric Power from the Wind, was published in March 1945.”

– Wilson Clark, Energy for Survival: The Alternative to Extinction (Garden City, NY: Anchor Books, 1974), p. 545.

Last week I posted on the long history of solar energy to make the point that this technology is not an infant industry. The fact that solar cannot compete against grid electricity (off grid is another matter) today is proof positive that there is an inherent disadvantage with the dilute, intermittent flow of sunlight in the thriving carbon-based energy era.…

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A Cherry-Picker’s Guide to Temperature Trends (down, flat–even up)

By Chip Knappenberger -- October 12, 2009

Accusations of cherry-picking—that is, carefully choosing data to support a particular point—are constantly being hurled around by all sides of the climate change debate. Most recently, accusations of cherry-picking have been levied at analyses describing the recent behavior of global average temperature. Primarily, because claims about what the temperature record says run the gamut from accelerating warming to rapid cooling and everything in between—depending on who you ask and what point they are trying to make.

I am often asked as to what is the “right” answer is. What I can say for certain, is that the recent behavior of global temperatures demonstrates that global warming is occurring at a much slower rate than that projected by the ensemble of climate models, and that global warming is most definitely not accelerating.…

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

By Robert Peltier -- October 10, 2009
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Horsepower Sure Beats Horses! (Part II: transportation gains from the ‘master resource’)

By Robert Bradley Jr. -- October 9, 2009
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Knocking on OPEC’s Door: The U.S. Becomes a Major Oil Exporter

By Robert Bryce -- October 8, 2009
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High Capital Costs Plague Solar (RPS mandates, cost dilution via energy mixing required)

By Robert Peltier -- October 7, 2009
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Solar Is Not An Infant Industry (So why is it perpetually hyped and subsidized?)

By Robert Bradley Jr. -- October 6, 2009
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Obama’s Lost Olympic Bid in Copenhagen: Remembering Chicago’s (Electric) World’s Fair of 1893

By Robert Bradley Jr. -- October 5, 2009
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MasterResource Surpasses 200,000 Views; Continues to Attract New Talent (3rd Quarter Report)

By Robert Bradley Jr. -- October 3, 2009
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