Stories tagged with "original"
Energy Policy: SER-2 [01] Introduction
Posted by Luis de Sousa on January 9, 2009 - 5:08pm in The Oil Drum: Europe
Topic: Policy/Politics
Tags: andris piebalgs, energy policy, eu, europe, market liberalization, original, ser-2 [list all tags]
The European Commission published the Second Energy Review (SER-2) November 2008. Entitled “Securing our Energy Future”, it was made available during the same week the IEA's World Energy Outlook was released, which stole much of the impact it could have had and delayed serious insight up to now.
This Strategy attempts to set a Course of Action towards three main Goals:
- Sustainability
- Competitiveness
- Security of Supply
This log entry is the first of a series that will try to build a critical but constructive review of this crucial element of future Energy Policy in Europe.
Upgrading the US Electric Grid - Many pluses but some minuses too
Posted by Gail the Actuary on January 9, 2009 - 10:51am
Topic: Policy/Politics
Tags: electric grid, grid, original, stimulus [list all tags]
President-Elect Barack Obama talks about upgrading the US electric grid. He talks about making it a "smart grid", so that customers can be charged by their time-of-day use, fluctuations from wind and solar can be more easily handled, and it is easier to sell electricity back to the grid. One presumes that he is also talking about upgrading the physical structure of the grid, so that it has better long distance carrying capability and so that parts that are exceeding their normal lives are replaced.
Doing all these things has obvious advantages. Our current grid has been neglected for years, so that many of its parts are nearing the end of their useful lives. Currently, most customers have no incentive for using appliances and machinery at night, during times of excess capacity. This could reduce fuel usage during the day time. Also, as many have noted, to add more wind and solar capacity to the grid, upgrading the grid is a necessity.
In this post, I will offer a few thoughts on the upsides and downsides of the upgrade.
Passive Solar Design Overview – Part 1
Posted by Nate Hagens on January 8, 2009 - 2:17pm in The Oil Drum: Campfire
Topic: Environment/Sustainability
Tags: original, passive solar [list all tags]
The Russian Bear?
Posted by Euan Mearns on January 8, 2009 - 9:54am in The Oil Drum: Europe
Topic: Supply/Production
Tags: eu, europe, gas, gas spat, gazprom, original, peak gas, russia, ukraine [list all tags]
With news breaking that Russia has just suspended all exports of gas to and through Ukraine, what will the impact be on Europe and why has Russia chosen once again to take such drastic action?
Exports of gas from Russia fell 6% between 2006 and 2007 according to the BP statistical review of world energy. Production fell from 612.1 to 607.4 billion cubic meters (bcm) per annum and domestic consumption rose from 432.1 to 438.8 bcm per annum leading to a fall in exported gas.
Is Russia withholding gas supplies leading to higher prices and manipulation of its market position? Or is the Russian gas supply system unable to meet demand?

Radical Retrenchment - A Reference Model
Posted by Nate Hagens on January 3, 2009 - 2:39pm in The Oil Drum: Campfire
Topic: Demand/Consumption
Tags: campfire, davebygolly, original, radical retrenchment, todcampfire [list all tags]
Below the fold is a guest essay by longtime TOD commenter DavebyGolly on how our society/population might possibly 'retrench' given the current limitations we are faced with. It is a bit longer than we expect for the Campfire slot, but Dave has good ideas, by Golly. Please submit your own essays (or ideas for same) for TOD:Campfire to TODCampfire@gmail.com or campfire@theoildrum.com. Guidelines for submissions and content are here.
(**Note: we are working on making the colors and graphics here purtier)
Ukraine-Russia gas spat: some background and context
Posted by Jerome a Paris on January 3, 2009 - 9:40am in The Oil Drum: Europe
Topic: Policy/Politics
Tags: natural gas, original, pipelines, russia, ukraine [list all tags]
As we enter yet another episode of worried or sanctimonious articles about the gas conflict between Russia and Ukraine, it's worth remembering a few simple facts:
1) The conflict started in 1992, not in 2006;
2) Russia cannot win a gas war against Ukraine and knows it;
3) the real underlying stakes are not about Russia or Ukraine.
A World Without Money?
Posted by Nate Hagens on December 31, 2008 - 6:04pm in The Oil Drum: Campfire
Topic: Miscellaneous
Tags: barter, campfire, fiat money, import substitution, money system, original, thought experiment, todcampfire [list all tags]
Our Wed night/Saturday TOD:Campfire series continues. In addition to having 'practical' essays on topics our community has expertise in, the intent is also for these slots to be a home for unprovable, perhaps untestable ideas, from which (perhaps) testable and worthwhile ideas emerge. Since it is New Years Eve, meaning tomorrow marks a new mini-beginning, (and the fact that traffic will be low...;-), below the fold is a short thought experiment. Imagine what the world would look like if tomorrow morning we woke up, and all money in the world had disappeared.....

In this house, we obey the laws of thermodynamics!
Posted by Libelle on December 30, 2008 - 10:11am in The Oil Drum: Canada
Topic: Miscellaneous
Tags: energy, entropy, heat, original, thermodynamics, work [list all tags]
When you use energy, the rules are very well defined. The first and second laws of thermodynamics have been well understood for well over a century, and the third for just over a century, but the subject is still viewed by most as being pretty arcane. This is a pity, both because these laws are of such importance, and because almost everyone has a fair understanding of the first and second laws, even if they think they don't. Understanding the implications of the laws is another matter.
New SEC Oil Accounting Rules
Posted by Gail the Actuary on December 30, 2008 - 9:04am
Topic: Economics/Finance
Tags: accounting, oil, original, sec [list all tags]
On December 29, the SEC announced updated accounting rules for oil and gas companies. The new rules are expected to be effective a year from now, with financial statements issued December 15, 2009, and subsequent. Full details are not yet available, but in general, the new rules allow companies to make greater consideration of technology in setting reserves. The SEC will also allow companies to disclose probable and possible reserves to investors, in addition to proven reserves. A third change is that average prices during the previous twelve months will be used, instead of prices as of the statement date.
My Top 10 Energy Stories of 2008
Posted by Robert Rapier on December 29, 2008 - 9:52am
Topic: Miscellaneous
Tags: barack obama, cellulosic ethanol, ethanol production, oil prices, original, peak oil, windfall profits, xethanol [list all tags]
Tis the season for Top 10 stories, and here are what I think were the Top 10 energy stories of the year.
1. Unprecedented volatility in the energy markets
Oil prices raced to nearly $150 a barrel, and then fell to the $30's by year end. This marks the highest ever prices for oil, followed by the lowest prices in four years. Gasoline, diesel, and natural gas prices demonstrated the same kind of volatility. There are multiple factors behind the volatility. The role of speculation was hotly debated, and the economic collapse - fueled by cash-strapped consumers who had overextended themselves - resulted in a sharp drop in demand. Some even argued that the real reason behind the plunge in prices was closure of the so-called "Enron loophole."

k Nation (Jim Kunstler)


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