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Electricity use and economic growth are absolutely correlated bringing to question the dynamics regarding controversy when the price of electricity inevitably rises. Our view is that the source of this controversy is a general lack of knowledge on the part of the average electricity consumer. Recognizing this, we refer our readers to the following website where the basics of electricity are...
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The following link is provided as a good source for understanding the trends around energy pricing. Supported by the Energy Information Administration (EIA), one can be assured that the forecasts and supporting analyses reflect industry accepted norms with respect to rigor and accuracy:
http://www.energy.gov/pricestrends/index.htm
This link provides featured publications and reports to aid in...
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Solar Panels
On-site or decentralized generation is commonly referred to as distributed generation. It supplies electricity from sources that are at or near the point of consumption rather than that from large, centralized sources such as utility-owned coal, natural gas, oil, or nuclear power plants. The majority of these distributed systems include:
Renewable energy sources such as sunlight,...
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Simply defined, renewable energy is energy that emanates from natural resources (e.g. sunlight, wind, and tides) which can be naturally replenished. There has been a significant push since the start of the 21st century to incorporate these sources of energy into an overall portfolio. By 2008, 19 percent of global energy consumption was satisfied by renewable energy sources. The main drivers of...
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Economic forecasters and business professionals alike are increasingly alarmed by the broad weakness of the U.S. economic recovery. Forecasters in many sectors frequently highlight the “lost decade” of the Japanese economy following that nation’s stock market and real estate crash of the early 1990’s, and they openly wonder about parallel patterns in the U.S. and about the implications...
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Gas Consumption Begins at the Pump
Petroleum is used in everything from medications to lubricants, partially explaining its high usage in the U.S.’s heavily driven consumer economy. According to the EIA, the U.S. consumes approximately 21 million barrels of oil daily, the majority of which is refined into gasoline. To put this in perspective the U.S. consumes more gasoline than South America,...
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Gas Prices at the Pump Fluctuate Daily
Gasoline remains a primary commodity in U.S. consumers maintaining their current quality of life, to the point where severe price fluctuations have devastating impact to the American economy, the lifestyles of its people, and the politicians. The typical person observes and is impacted by these seemingly random changes in price, but has little, if any,...
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Inertial Confinement Process
As the debate around the viability of nuclear power continues, particularly as the reality of the limitations of renewable energy sources become better understood, the advantages of fusion become ever more apparent:
Abundance of the primary fuel, deuterium, which is one of the hydrogen isotopes. It can be readily extracted from seawater and tritium, another of the...
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Control Room for Nuclear Fusion
The search for viable forms of clean alternative energy continues as each potential solution carries with it significant shortcomings:
Nuclear power presents environmental challenges, in the disposition of high and low level radioactive waste or in the event of a nuclear accident (e.g. Chernobyl),
The sun can be impacted by the presence of clouds,
Winds are...
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Ocean Power
The scientific community remains intrigued by the prospect of harnessing the energy of the ocean, if for no other reason than the fact that oceans covers over 70 percent of the earth’s surface. A few successes have been experienced in this area:
Tidal power plant in France, designed to produce 240 MW, which is larger than a typical wind farm and about 30-50 percent of the capacity...