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IEA Calls for “Global Energy Revolution” Despite Economic Crisis
12 November 2008
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| World primary energy demand in WEO 2008 Reference Scenario. Click to enlarge. |
In his release of the IEA’s World Energy Outlook (WEO) 2008—the latest edition of the International Energy Agency’s annual publication—IEA Executive Director Nobuo Tanaka said that the report highlights that current trends in energy supply and consumption are “patently unsustainable, environmentally, economically and socially. They can and must be altered.”
In the WEO-2008 Reference Scenario, which assumes no new government policies, world primary energy demand grows by 1.6% per year on average between 2006 and 2030—an increase of 45%. This is slower than projected last year, mainly due to the impact of the economic slowdown, prospects for higher energy prices and some new policy initiatives.
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| Energy-related CO2 emissions in the Reference Scenario. Click to enlarge. |
The projected rise in greenhouse gas emissions in the Reference Scenario, in which no change in government policies is assumed, will result in an atmospheric concentration of around 1 000 parts per million of CO2-equivalent by the end of this century. This would lead to an eventual global temperature increase of up to 6° C.
Fossil fuels account for 80% of the world’s primary energy mix in 2030—down only slightly on today. Oil remains the dominant fuel, though demand for coal rises more than any other fuel. The share of natural gas in total energy demand rises marginally. Modern renewable technologies grow most rapidly, overtaking gas soon after 2010 to become the second-largest source of electricity behind coal.
These trends take account of current policies to reduce subsidies on energy consumption, which amounted to $310 billion in the 20 largest non-OECD countries alone in 2007 (of which oil subsidies accounted for $150 billion).
China and India account for more than half of incremental energy demand to 2030 while the Middle East emerges as a major new demand center. The share of the world’s energy consumed in cities grows from two-thirds to almost three-quarters in 2030. Almost all of the increase in fossil-energy production occurs in non-OECD countries.
Oil demand and pricing. World oil demand is set to continue to expand through to 2030 on current trends, albeit more slowly than over the past two decades. In the Reference Scenario, primary demand for oil (excluding biofuels) rises by 1% per year on average, from 85 million barrels per day in 2007 to 106 mb/d in 2030.
This is a significant downward revision from last year’s Outlook, reflecting mainly the impact of higher prices and slightly slower GDP growth. New policies to promote more fuel-efficient vehicles and encourage biofuels introduced in the past year—notably in the United States and Europe—also contribute to slower demand.
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| Change in oil demand by region. Click to enlarge. |
The global trend masks big differences across regions—all of the projected increase in world oil demand comes from non-OECD countries. India sees the fastest growth, averaging 3.9% per year over the projection period (to 2030), followed by China, at 3.5%. High as they are, these growth rates are still significantly lower than in the past. Other emerging Asian economies and the Middle East also see rapid growth.
In contrast, demand in all three OECD regions (North America, Europe and the Pacific) falls, due to declining non-transport demand. The share of OECD countries in global oil demand drops from 57% in 2007 to 43% in 2030.
Around three-quarters of the projected increase in oil demand worldwide comes from the transport sector. Despite continuing improvements in average vehicle fuel efficiency, the growth of the world car parc—from an estimated 650 million in 2005 to about 1.4 billion by 2030—is expected to continue to push up total oil use for transport purposes.
There is not expected to be any major shift away from conventionally-fueled vehicles before 2030, though the penetration of hybrid-electric cars is projected to rise, reducing oil demand growth.
The IEA projects that the crude oil import price will average $100 per barrel (in real year-2007 dollars) over the period 2008-2015, rising to more than $120 in 2030. This represents a major upward adjustment from last year’s Outlook, reflecting the higher prices for near-term physical delivery and for futures contracts, as well as a reassessment of the prospects for the cost of oil supply and the outlook for demand.
In nominal terms, prices double to just over $200 per barrel in 2030. However, the IEA cautions, pronounced short-term swings in prices are likely to remain the norm and temporary price spikes or sharp falls cannot be ruled out.
These oil demand projections, combined with the price assumptions, point to persistently high levels of spending on oil in both OECD and non-OECD countries. As a share of world GDP at market exchange rates, oil spending rose from a little more than 1% in 1999 to around 4% in 2007, contributing to the economic downturn experienced by most oil-consuming countries. IEA projects that to stabilize at around 5% over much of the projection period. For non-OECD countries, the share averages 6% to 7%.
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| World oil production in the Reference Scenario. Click to enlarge. |
Oil supply. The IEA says that total oil production will not peak before 2030, although the production of conventional oil, including crude oil, natural gas liquids (NGLs) and enhanced oil recovery (EOR) is expected to level off toward the end of the production period.
Conventional crude oil production alone increases only modestly over 2007-2030—by 5 mb/d—as almost all the additional capacity from new oilfields is offset by declines in output at existing fields. The bulk of the net increase in total oil production comes from NGLs (driven by the relatively rapid expansion in gas supply) and from non-conventional resources and technologies, including Canadian oil sands.
...The projected increase in global oil output hinges on adequate and timely investment. Some 64 mb/d of additional gross capacity—the equivalent of almost six times that of Saudi Arabia today—needs to be brought on stream between 2007 and 2030. Some 30 mb/d of new capacity is needed by 2015. There remains a real risk that under-investment will cause an oil-supply crunch in that timeframe.
—WEO 2008
The IEA cautions that one major uncertainty for supply concerns the rate at which output from producing oilfields declines as they mature. A detailed field-by-field analysis of the historical production trends of 800 fields (including all 54 super-giants holding more than 5 billion barrels) indicated that observed decline rates (the observable fall in production) are likely to accelerate in the long term in each major world region.
Decline rates are lowest for the biggest fields: they average 3.4% for super-giant fields, 6.5% for giant fields and 10.4% for large fields. Observed decline rates vary markedly by region; they are lowest in the Middle East and highest in the North Sea. This reflects, to a large extent, differences in the average size of fields, which in turn is related to the extent to which overall reserves are depleted and whether they are located onshore or offshore. Adjusting for the higher decline rates of smaller fields explains the higher estimated decline rate for the world.
—WEO 2008
Greenhouse gases and global warming. WEO 2008 includes a 550 Policy Scenario and a 450 Policy Scenario as alternative policy scenarios that stabilize greenhouse gas concentrations at 550 ppm (approximate 3°C temperature rise) and 450 ppm (approximate 2° C increase). The two policy scenarios have a similar emissions trajectory until 2020, but emissions fall much more sharply after 2020 in the 450 Policy Scenario.
Both climate-policy scenarios assume a hybrid policy approach, comprising a combination of cap-and-trade systems, sectoral agreements and national measures.
Achieving those levels of reduction requires much more investment in energy-related infrastructure and equipment. Global energy investment in 2010-2030 is $4.1 trillion (or 0.25% of annual world GDP) higher in the 550 Policy Scenario than in the Reference Scenario. Most extra spending is on the demand side, with $17 per person per year spent worldwide on more efficient cars, appliances and buildings.
To achieve the 450 ppm level, the IEA projects global energy investment is $9.3 trillion, or 0.55% of annual world GDP, higher than in the Reference Scenario. Achieving such an outcome will require much more rapid growth in the use of hydropower, biomass, wind and other renewables, which together account for 40% of global power generation by 2030. Yet-to-be-demonstrated technologies such as carbon capture and storage (CCS) also contribute significantly to lower emissions.
For all the uncertainties highlighted in this report, we can be certain that the energy world will look a lot different in 2030 than it does today. The world energy system will be transformed, but not necessarily in the way we would like to see. We can be confident of some of the trends highlighted in this report: the growing weight of China, India, the Middle East and other non-OECD regions in energy markets and in CO2 emissions; the rapidly increasing dominance of national oil companies; and the emergence of low-carbon energy technologies. And while market imbalances could temporarily cause prices to fall back, it is becoming increasingly apparent that the era of cheap oil is over.
But many of the key policy drivers (not to mention other, external factors) remain in doubt. It is within the power of all governments, of producing and consuming countries alike, acting alone or together, to steer the world towards a cleaner, cleverer and more competitive energy system. Time is running out and the time to act is now.
—WEO 2008
We cannot let the financial and economic crisis delay the policy action that is urgently needed to ensure secure energy supplies and to curtail rising emissions of greenhouse gases. We must usher in a global energy revolution by improving energy efficiency and increasing the deployment of low-carbon energy.
—Nobuo Tanaka
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November 12, 2008 in Climate Change, Oil, Policy | Permalink | Comments (33) | TrackBack (0)
Comments
Posted by: xx | November 12, 2008 at 01:30 PM
Though drastic revision IEA predictions are still quite optimistic especially when they show that future discoveries of oil will maitain the production of conventional oil flat until 2030. So far this assumption is not supported by facts, oil discovery has been steadily decreasing during the 40 past years despite continuous progress in the prospection technology. I don't see why this trend shoul change when the number of place yet to explore is shrinking, well ok deep offshore and artic, but it won't be that significant
Posted by: Treehugger | November 12, 2008 at 01:38 PM
It looks like IEA is not giving much credit to mandates for the renewable energy 'other' category.
Posted by: Kit P | November 12, 2008 at 03:37 PM
Wow, the IEA finally wake up. And yes that is a laughably small projection for renewables. What a joke of an organisation.
Posted by: | November 12, 2008 at 03:50 PM
IEA's WEO
Here is an assesment of the areas of weakness in this. It should be noted that this refers to the best case scenario.
@550ppm or blowing out to 1000 is entirely possible.
"45% increase in energy demand - usage 2006 -2030"
"Fossil fuels account for 80% of the world’s primary energy mix in 2030—down only slightly on today."
This is a little vague where does nuclear sit there or is the 20% non fossil include renewables and nuclear combined.
If so there is a large expectation on Carbon Capture Storage. Yet goes on t say that It is yet to be demonstrated. Many feel that ccs is an outside runner and Its hard to find any seriously suggesting it is making inroads.
The consensus seems that we must at least go through the motions re ccs as in theory it could make the difference.
"650 M -1,400 M cars"
More than DOUBLE the no of cars
"crude oil production up by 5mb/d compared to the Saudi output of 10.7 mb/d"
Crude oil production goes UP
"To achieve the 450 ppm level, the IEA projects global energy investment is $9.3 trillion, or 0.55% of annual world GDP, higher than in the Reference Scenario. Achieving such an outcome will require much more rapid growth in the use of hydropower, biomass, wind and other renewables, which together account for 40% of global power generation by 2030. Yet-to-be-demonstrated technologies such as carbon capture and storage (CCS) also contribute significantly to lower emissions."
"....and 450 ppm (approximate 2° C increase)."
However,
Of course we only have the ability to determine human emissions and merely entering the 450 scenario is likely to signal natural emissions that increase the temp to 3. - 3.8o
Posted by: arnold | November 12, 2008 at 03:57 PM
It seems that IEA assumed that the energy mix would be stable (about 76% fossil and 24% from all other sources) from 1980 to 2030.
A few hundred (200 to 300) new large Nuclear plants + many thousands large wind turbines + many million square meters Solar panels + agro and biofuels + millions of PHEVs and BEVs + HVAC electrification etc could change the energy mix considerably by 2030.
At least we (and IEA) should plan to do away with the status quo and promote accellerated move to non-fossil energy sources.
Posted by: HarveyD | November 12, 2008 at 03:59 PM
Oh the sky is falling what will we do?
Make a fake chart and blame China!
(whaddya mean renewable energy like wind and solar should be a big part of the solution? That would involve a nod to reality, and we can't have real solutions that ignore the billions made on oil.)
Posted by: John Taylor | November 12, 2008 at 05:14 PM
The ideal purpose of predictions like these is not to predict the actual future, but to predict what will
happen if nothing changes, then make the right changes. If the current course leds to disaster, then change course.
Posted by: ai_vin | November 12, 2008 at 05:31 PM
IEA, International Energy Agency?, knows more about energy than most people. It also knows more about what renewable energy costs than most people and politicians, and knows that it is too expensive to have a rapid expansion.
There are few or none who propose renewable energy who actually use it for all of their energy and pay for it out of their own pockets. If they were to do so they would know that it is impossible for any large number of people of the US to do it or be able to afford to do it.
Even if the sun shone for 24 hours a day, modern solar cells can only supply 2.4 kilowatt hours per day per square meter in the US. The average use per person is about ten times this for electricity alone.
Nuclear reactors will be built that will produce hydrocarbon fuels from recycled CO2 at the present price of gasoline. Or at least they will supply far cheaper power than gasoline for PHEVs. ..HG..
Posted by: Henry Gibson | November 12, 2008 at 07:16 PM
Just last year, IEA said that Oil Production by 2030 will be 130 million bpd, now they are saying its 110 million bpd, next year they will say that it will be 90 million bpd. Finally by 2010, they will admit that World has crossed Peak Oil.
Last year oil production dipped by 0.2 %, this year it will be even lower as prices have crossed $140 mark, so we can conclude that 2006 is the year of max oil production.
On the other hand, wind, solar and bio-fuels are growing by 25 % every year, pretty soon, they will standup to fossil fuels. If they cannot, then we have to reduce the consumption.
Keep watching the IEA's predictions.
Posted by: Max Reid | November 12, 2008 at 08:23 PM
Henry Gibson - "There are few or none who propose renewable energy who actually use it for all of their energy and pay for it out of their own pockets."
Neither do those that propose nuclear energy. First of all a baseload power system like nuclear can only supply 60% or so of a theoretical person's need as the other 40% needs to come from fossil fuel peaking plants. Second can you afford a 2 billion nuclear plant? The mere fact that a normal person can afford a renewable power plant shows how versatile renewables are.
"Even if the sun shone for 24 hours a day, modern solar cells can only supply 2.4 kilowatt hours per day per square meter in the US. The average use per person is about ten times this for electricity alone."
So that person would need 10 square meters of panels or use 10 square meters of panels in a better area connected by smart grids. Also as the sun does not shine 24 hours a day he could use 20 square meters with 10 of those meters storing energy in molten salts for when the sun is not shining. Even then no user has an energy demand of 24kWh every second of the day. The peak of demand especially in summer quite closely follows demand.
Posted by: Ender | November 13, 2008 at 03:27 AM
Quote.
"The projected increase in global oil output hinges on adequate and timely investment. Some 64 mb/d of additional gross capacity—the equivalent of almost six times that of Saudi Arabia today—needs to be brought on stream between 2007 and 2030. Some 30 mb/d of new capacity is needed by 2015. There remains a real risk that under-investment will cause an oil-supply crunch in that timeframe"
As we all know if you through enough money at something it magically creates more oil in the ground.
Look at the long term success that has come from continued investment in the North Sea, Mexico and Texas.
Posted by: | November 13, 2008 at 04:46 AM
“First of all a baseload power system like nuclear can only supply 60% or so of a theoretical person's need….”
There are about 100 US Navy ships that show how nuclear can provide 100% of energy needs. France uses nukes for load following. There is not technical reason why any country can not be 100% fossil free.
“Second can you afford a 2 billion nuclear plant?”
Every year I would need about 36 seconds of nuke plant output. I can afford that. I can even afford the cost if it cost 11 billion. I would need 14.4 hours of the output of a 50 MWe biomass plant. I can afford that too. This is assuming that I share the cost with others.
“The mere fact that a normal person can afford a renewable power plant shows how versatile renewables are.”
Really? I do not think Ender has a good handle on ‘normal’ or ‘versatile’ because I am exceptionally blessed with the income and the knowledge of producing energy. Except for woodstoves, I can not find renewable energy systems that are not being marketed by con men who will sell you stuff that does not work.
“On the other hand, wind, solar and bio-fuels are growing by 25 % every year, pretty soon, they will standup to fossil fuels. If they cannot, then we have to reduce the consumption.”
The problem with this think is it is just not true. Renewable energy capacity is growing and breaking at the same time. The equipment to convert renewable energy is not sustainable. The energy industry will provide all the energy you want to consume. Max and Ender will happily pay for it not matter what the cost or how it is produced.
A new generation of folks like Max and Ender will come moan how terrible it is but they will continue to consume.
Posted by: Kit P | November 13, 2008 at 06:37 AM
@ Kit P
I agree with your comment.
The big problem I see is that, once we are in the
post Peak-Oil era, the manufacturing costs for renewable energy (wind and solar) will be higher and higher each passing year.
I think the world should have invested heavily in renewables (even if solar was "too expensive") since at least 25 years ago.
Conservation and efficiency are very, very important in order to have more economic resourses for the growth of renewable energy.
Posted by: Jorge | November 13, 2008 at 08:55 AM
What the IEA would say about this ?
Energy Watch Group: Peak Oil is now
http://www.energybulletin.net/node/47043
http://www.energywatchgroup.org/fileadmin/global/pdf/2008-05-21_EWG_Erdoel_D_kurz.pdf
Posted by: Jorge | November 13, 2008 at 10:54 AM
Kit P. wrote;
"Except for woodstoves, I can not find renewable energy systems that are not being marketed by con men who will sell you stuff that does not work."
What an odd thing to say; solar hot water has a good payback (5-7 years), passive solar hardly costs anything, and wind turbines in favorable wind areas are also net cash flow positive, for starters. Have any idea what a clean coal plant will cost?
"I am exceptionally blessed with the income and the knowledge of producing energy. "
Perhaps in particular areas outside of renewable energy, but with the odd pronouncements you make sometimes, you'll forgive us if we'll have our own opinions on the matter.
Posted by: Will S | November 13, 2008 at 11:56 AM
KitP - "There are about 100 US Navy ships that show how nuclear can provide 100% of energy needs."
So lets demolish this one as I see it all the time. First of all the nuclear power plant on a Navy ship is there for propulsion which takes perhaps 95% of the output of the nuke. Hotel power for the ships systems is only a small part of the nukes total output. Second the last time I looked the US Navy was not a money making operation. The navy can operate its reactors any way it likes and will not be shut down by shareholders for poor financial performance. So this statement is a complete red herring.
"Every year I would need about 36 seconds of nuke plant output."
Yes however you contributed nothing to the cost of the plant. That was done by the shareholders. How do you think it would go if the 2 sorry now 4 billion dollar cost of the plant was divided up and consumers had to pay $1000 for the nuclear plant - how do you think that would work. What would happen if some of them did not have $1000 dollars - do they not get power. Again Mr Gibson's and your support of this argument is yet another red herring.
"France uses nukes for load following. There is not technical reason why any country can not be 100% fossil free."
No there is not technical reason however I thought that you were a free market champion not a socialist. France does not run any load following plants anymore as it can export its surplus energy and use peaking plants and pumped hydro from other countries to cope with peak demand.
If you actually like to check the facts its not 78%:
"The 78 percent number has been heavily quoted by nuclear energy proponents who hold up France as an example, at least for the Western world, of nuclear success. President Bush has used the figure in speeches promoting the nuclear energy industry. Publications, including this one, have routinely made the statement that France gets 78 percent of its energy from nuclear power.
Is it 78%?
Actually, no. The real number is 34 percent. No, wait, it's 59 percent... and the 17 percent and 42 percent figures aren't completely off-base, either. "
http://energypriorities.com/entries/2007/05/france_78_nuclear.php
Or this that gives about 40%
http://www.industrie.gouv.fr/energie/anglais/politique-energetique.htm
In a free market economy imagine a 4 billion dollar nuclear power plant only making money by selling electricity for 2 or 3 hours of the day. I can see the investors flocking to this one. However as you now have nationalised banks and insurance companies in the US a government power station is not outlandish. Just stop spouting about the land of the free market.
"Really? I do not think Ender has a good handle on ‘normal’ or ‘versatile’ because I am exceptionally blessed with the income and the knowledge of producing energy."
With rebates I can get a 1kW grid tie solar system installed for $2500 that will give 20 years of maintenance free power. The $8000 rebate is over subscribed and has been a runaway success with very few problems so a lot of ordinary people here in Australia and in California where a similar system exists disagree with you. And they do not even need a 90 billion dollar waste dump to store their waste.
Posted by: | November 13, 2008 at 03:18 PM
@Will S
If you have low flow shower and an efficient front loading washing machine, then someone selling you a solar hot water heater is a con artist. If someone is selling you a personal wind turbine, they are a con artist. Will S. is confused between conserving energy and producing energy. Of course you should conserve energy doing such things as passive solar. If you look at all these expensive (our tax dollar) zero energy house, the amount of energy needed is reduced by low cost practical conservation methods and a very expensive solar PV system.
Also Will S, my extensive experience producing energy includes renewable energy. That is why I particularity dislike con artist who victimize well meaning folks. While I am an advocate or renewable energy, I will leave it up to Will S. to explain why making false claims about renewable energy would promote renewable energy.
Posted by: Kit P | November 13, 2008 at 04:51 PM
@Anon 3:18
Please post you identifier and ask your nuke questions one at a time. There is an anti-nuke who likes to repeat the same list over and over.
“With rebates I can get a 1kW grid tie solar system installed for $2500 ...”
Go for it. Tell us how it works out.
Posted by: Kit P | November 13, 2008 at 05:44 PM
KitP - "Go for it. Tell us how it works out. "
So this is all you have. I guess that engaging with you with real examples shuts you up.
"While I am an advocate or renewable energy, I will leave it up to Will S. to explain why making false claims about renewable energy would promote renewable energy."
And this is exactly the same as a person who dislikes a certain group of people starting with the the line "Oh some of my best friends are "
You are not an advocate of renewable energy but seem to be a troll for the nuclear and coal industry with multiple posts with the same message across multiple blogs.
How about you drop the crap about being a renewable advocate and be honest?
Posted by: Ender | November 13, 2008 at 05:58 PM
The Oil Drum has been planning a series on this report since it was announced.
The first two parts are on-line now:
The 2008 IEA WEO - The Oil Drum Initial Review (Part 1 of a Series)
The 2008 IEA WEO - The World Energy Model and Energy Demand
Max Reid: You are spot-on. The IEA's projections are drawn from the IHS (CERA) database, which has huge flaws in it (not the least of which is the self-reported figures of Saudi and other NOC's). The IEA's record has been abysmal, and anything it produces should be taken as a paid-for product for the Middle East oil interests and no one else.
Posted by: Engineer-Poet | November 13, 2008 at 08:51 PM
From EIA web page:
“In 2004, France produced 540.6 billion kilowatthours (Bkwh) of electricity and consumed 440.6 Bkwh. The country depends upon nuclear energy for 79 percent of its electricity generation.”
540*0.79= 427, or 97% of domestic consumption, the rest is exported.
And yes, nuclear power plants technically could be load-following (in order of 20-100% daily), it is just not economical in current energy mix and overpriced capital costs of nuclear power plants in US.
Posted by: Andrey levin | November 13, 2008 at 09:09 PM
Andrey - "In 2004, France produced 540.6 billion kilowatthours (Bkwh) of electricity and consumed 440.6 Bkwh. The country depends upon nuclear energy for 79 percent of its electricity generation.”"
So you are saying that every one of the 440.6 BkWh is from nuclear power? Don't they have a requirement for peaking power?
Again no-one really knows where the 79% figure comes from as France imports peaking power from the rest of Europe.
This is possibly where it comes from:
"78 percent of the electricity generated in France -- 419 TWh out of 537 TWh -- is nuclear power."
http://energypriorities.com/entries/2007/05/france_78_nuclear.php
However not all the nuclear power is consumed domestically so the actual fraction of domestic nuclear power is less than this and this would vary from season to season. The point is that economically nuclear is as dependent on backup power almost as much as wind as no-one in free market conditions would ever consider a load following nuke.
Quite apart from that where and how is France storing it's waste, is every kilogram accounted for and are it's facilities secure? BTW Iraqs attempt at building a nuclear reactor was a French effort.
And lets hope it does not get too hot:
http://a4nr.org/library/globalwarmingclimatechange/06.22.2007-globeandmail
"But as Europe prepares for a predicted heat wave this summer, the French electrical utility is also preparing for the possibility that its beloved nuclear power system may not be able to cope. And environmentalists warn that's a sign that nuclear power may not be, as many now argue, a solution to global warming."
It is not just France:
http://www.msnbc.msn.com/id/22804065/
"“Water is the nuclear industry’s Achilles’ heel,” said Jim Warren, executive director of N.C. Waste Awareness and Reduction Network, an environmental group critical of nuclear power. “You need a lot of water to operate nuclear plants.” He added: “This is becoming a crisis.”
An Associated Press analysis of the nation’s 104 nuclear reactors found that 24 are in areas experiencing the most severe levels of drought. All but two are built on the shores of lakes and rivers and rely on submerged intake pipes to draw billions of gallons of water for use in cooling and condensing steam after it has turned the plants’ turbines.
Because of the yearlong dry spell gripping the region, the water levels on those lakes and rivers are getting close to the minimums set by the Nuclear Regulatory Commission. Over the next several months, the water could drop below the intake pipes altogether. Or the shallow water could become too hot under the sun to use as coolant."
Posted by: | November 14, 2008 at 02:50 AM
@ender
I have often posted links to good solar projects. When I lived in California, I designed and built a passive solar house. I designed and built a solar hot water system. I will be happy to discuss the merits of such a system.
So Ender, tell me about the performance of your solar PV system? I think it is hypocritical of Ender to suggest that I am dishonest when he has not made the effort to be knowledgeable on the technology he is promoting.
Specifically, ANON did not provide an example (sorry my sarcasm went over Enders head). ANON makes up stuff to support an anti nuke position. Enders made a claim, “The mere fact that a normal person can afford a renewable power plant shows how versatile renewables are.”
If Ender claim is true, there would be many examples. If fact everyone would be doing it.
My solar advocacy is better than Enders.
Posted by: Kit P | November 14, 2008 at 06:58 AM
"To achieve the 450 ppm level, the IEA projects global energy investment is $9.3 trillion, or 0.55% of annual world GDP."
Who in the world would put any credence in these unsupportable claims? Does the tiny 32 nation front organization IEA, really think anyone believes what they say?
"IEA is a Paris-based *intergovernmental* organization founded by the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the oil crisis."
Posted by: sulleny | November 14, 2008 at 09:06 AM
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Tell China to stop it right now! You bad Chinese are growing too much and using too much energy. You stop that right now! And India, don't even think about it! You hear me.
Stop it! Stop it! Stop it! We are in charge here.
Signed IEA