Energy Glance
At least 24,000 people, holding torches, formed an 80-kilometer long human chain in areas near Braunschweig in Germany, which has decided to abandon nuclear power plants by the end of 2022, according to an organizer. The chain encircled three nuclear facilities including a temporary storage site for nuclear waste in the vicinity of the city.
Thousands form anti-nuclear human chains in Germany, France
Wind farms in Pacific Northwest paid to not produce
Wind farms in the Pacific Northwest -- built with government subsidies and maintained with tax credits for every megawatt produced -- are now getting paid to shut down as the federal agency charged with managing the region's electricity grid says there's an oversupply of renewable power at certain times of the year.
"It's the one system in the world where in real time, moment to moment, you have to produce as much energy as is being consumed," BPA spokesman Doug Johnson said of the renewable energy.
Leaking & Damaged Nuclear Power Plants In The US Exposed
Across the United States numerous nuclear power plants are having problems which include damaged tubes and small releases of radiation.
The Intel Hub News Brief, speaking to the RadChick, recently released a podcast on these nuclear power plants problems.
San Onofre Nuclear Plant: 100s of troubled tubes, gas leak
As workers began inspecting a leaky tube in one of the San Onofre nuclear plant's reactors Thursday, federal regulators said more than 800 tubes in a second, offline reactor showed wear and thinning, although they are only two years old.
And plant officials confirmed that sensors showed a tiny amount of radioactive gas may have leaked out of a building next to the first reactor before the reactor was shut down late Tuesday.
Solar Cheaper Than Diesel Making India’s Mittal Believer: Energy
India is producing power from solar cells more cheaply than by burning diesel for the first time, spurring billionaire Sunil Mittal and Coca-Cola Co. (KO)’s mango supplier to jettison the fuel in favor of photovoltaic panels.
The cost of solar energy in India declined by 28 percent since December 2010, according to Bloomberg New Energy Finance. The cause was a 51 percent drop in panel prices last year as the world’s 10 largest manufacturers, led by China’s Suntech Power Holdings Co. (STP), doubled output capacity.
Did you know that by law the US guarantees israel's oil supply - no matter what?
Under a 1975 Memorandum of Understanding (MOU) the USA guaranteed all Israel's oil needs in the event of a crisis. This Memorandum of Understanding is quietly renewed every five years. It commits U.S. taxpayers to maintain a strategic U.S. reserve for Israel, equivalent to $3 billion in 2002 dollars. Special legislation was enacted to exempt Israel from restrictions on oil exports from the USA. Moreover, the U.S. government agreed to divert oil from the USA, even if this causes domestic shortages. The U.S. government also guaranteed delivery of oil in U.S. tankers if commercial shippers become unable or unwilling to carry oil from the USA to Israel.
Oil Jumps To Above $101 Amid Rising Iran Tensions
By early afternoon in Europe, benchmark crude for February delivery was up $2.67 to $101.50 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 82 cents to settle at $98.83 in New York on Friday.
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