mmmtashty
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- Name: mmmtashty
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Actually...
Although the total percentage of electricity deriven from wind and solar may be below 1% on a global level, there are various regions in Europe (in Denamrk and Germany for example) who derive 20-30% of their electricity from wind alone, and make a hefty profit.
Indeed, it is because most industrialized nations have failed to jump on the "wind wagon" that the wind industry, currently in its infancy, has so much economic and energy potential. If you have read the DOE's report on how wind energy can meet 20% of our electricity needs by 2030, you start to see why wind has been so attractive to investors (oilman T. Boone Pickens has recently just ordered 667 GE wind turbines). On the other hand, you have Warren Buffet (the richest man in the world) abandoning nuclear power plant projects because "they don't make economic sense."
And in reference to your chart, just because 200 GW of nuclear capacity was added within a decade doesn't mean construction for those plants began within that decade. Needless to say, construction time for nuclear plants remains to be a vexing problem. On The self-limiting future of nuclear power, Part I posted 1 year, 5 months ago 8 Responses
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what can All State do for Nuclear?
Economically speaking, most of the bases were covered when it comes to the downsides of nuclear energy. However, no one really mentioned how the nuke indusrty desperately relies on heavy federal subsidies to water down huge insurance costs (you can probably guess why they are so high). On another note, it always baffles me why people want to invest so much in a mature industry (nuclear)when they could invest in wind, an industry in its infancy, which has been proven to be incredibly profitable/ environmentally benign in so many countries. On The latest sorties in the war over nuclear power posted 1 year, 5 months ago 43 Responses
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funny
YEA, oil has been pretty hot... for oil companies. But why don't you ask the average American how they feel about our swell, oil-dependent economic system that has done nothing but produce high gas/food prices, unwarranted military entanglement in the Middle East, and a world wherein the world's last remaining superpower has staked it's prosperity on politically volatile petrostates rife with anti-Amrican sentiment? (SOUNDs LIKE A DUD TO ME!)On Obama calls for clean energy activists in commencement speech posted 1 year, 5 months ago 3 Responses