Posts

Showing posts from 2017

World Nuclear Growth

Image
Nuclear power seen second to renewables through 2040The EIAs latest International Energy Outlook 2017(IEO2017) projects most of the growth in demand is expected to come from countries that are not in the Organization for Economic Cooperation and Development (OECD), and especially in countries where demand is driven by strong economic growth, particularly in Asia.  Non-OECD Asia (which includes China and India) accounts for more than 60% of the world's total increase in energy consumption from 2015 through 2040. Through 2040, the IEO2017 projects increased world consumption of marketed energy from all fuel sources, except for coal demand, which is projected to remain essentially flat.  Renewables are expected to be the fastest-growing energy source, with consumption increasing by an average 2.3% per year between 2015 and 2040. Nuclear power consumption is seen increasing by 1.5% per year over that period. Jim Brumm also blogs at JABs.



The background   is a U.S. Navy Photo by Mass Commun…

Tar Heel Eclipse Impact

Image
North Carolina's burgeoning solar power industry will yawn Monday afternoon as the solar eclipse passes to the south and the moon blocks more than 90 percent of the Tar Heel State's sunshine.
Solar energy production will dramatically decrease as demand for lighting increases in North Carolina while the sun hides behind the moon from about 1 to 3 p.m., Duke

Duke confirms SC nuclear contact

 Investors approve, Duke shares higher in down marketThursday afternoon, Duke Energy confirmed it had been contacted about taking a stake in South Carolina's state utility – Santee Cooper – so construction could restart on the V.C. Summer nuclear plant expansion abandoned last week after a decade of work. About the same time investors voiced their approval of the talks, pushing Duke's stock up 0.45% in a down market, although any talk just adds to the nuclear unknowns Duke is slated to discuss with North Carolina regulators later this mionth. Wednesday, South Carolina Gov. Henry McMaster and Santee Cooper saidother power companies are considering buying all or part of the state-owned utility, with the governor