BEYOND NUCLEAR PUBLICATIONS

Search
JOIN OUR NETWORK

     

     

DonateNow

The Renewable Energy Renaissance

The real Renaissance is in renewable energy whose sources could meet 25% of the nation's energy needs by 2025. Renewable technologies can help restore political and economic stability as well as save money…and the planet.

.................................................................................................................................................................................................................

Wednesday
Dec312014

"Success for program that funded Solyndra"

"Burning money" graphic by Gene Case, Avenging AngelsAs reported by the Washington Post, "20 of 30 clean-energy projects that got loans are generating revenue." The article refers to the federal energy loan guarantee program.

In fact, as reported," In California, Tesla Motors has flourished, paying back a $465 million loan nearly 10 years early."

Congressional Republicans had attempted to make a lot of hay out of the "Solyndra scandal," a solar loan guarantee that defaulted, costing federal taxpayers $435 million.

Even now, as the article reports, Rep. Fred Upton (R-MI), chairman of the House Energy and Commerce Committee, says "We are not out of the woods by any stretch. Our oversight efforts will continue as problems still persist, and more needs to be done to protect billions of dollars in taxpayer interests."

But as much noise as Upton and his Republican colleagues have made, for years, about Solyndra, they have had nothing to say about the Vogtle 3 & 4 nuclear loan guarantee. Awarded by the Obama administration to Southern Nuclear and its partners, the $8.3 billion federal taxpayer-backed loan guarantee (and loan -- it comes from the taxpayer-funded U.S. Finance Bank) for two proposed new reactors in Georgia represents 15 times more taxpayer money at risk than was lost at Solyndra. And the risk of loan default at Vogtle 3 & 4 is significantly higher than the risk that the Solyndra was initially deteremined to have been.

But then again, Upton is one of the nuclear power industry's "best friends in Congress," as documented over the years by Beyond Nuclear in a two-page summary; a full-length backgrounder; and supporting documents, showing individual campaign contributions to Upton, tied to the nuclear power industry, as well as nuclear power industry-related political action committee campaign committee (PAC) campaign contributions made to Upton. In return for the favors, Upton has long supported nuclear power industry lobbying priorities at every turn.

Upton went so far as to sponsor a bill in 2009 that would have defined nuclear power as "renewable energy." His bill fell just short of passage in the Energy and Commerce Committee, when four pro-nuclear Democrats (such as Barrow from Georgia) supported it. It is all the more ironic, and telling, then that Upton opposes renewable loan guarantees, but supports nuclear power loan guarantees.

Wednesday
Oct082014

German renewables supply tops share of nation’s electricity demand

There are more signs that Germany’s “Energy Transition” is making steady progress toward the Merkel government’s goal to shut down all of the nation’s atomic reactors in the coming decade and largely replace them and the fossil fuel industry with wind and solar power. Bloomberg News reported that German renewable energy produced the largest percentage of all electricity generators individually including lignite coal, nuclear and hydropower. Wind, solar and biomass supplied 27.7% of Germany’s electricity demand as compared to 26.3 % by coal-fired generators while atomic reactors generated 15.4%. 

In the United Kingdom, wind power continues to set electricity production records only to break them days later. Offshore and onshore wind power combined to briefly surpass nuclear power generated electricity for several minutes.   

Wednesday
Oct082014

"IEEFA: FirstEnergy financial condition unlikely to improve"

As reported by FierceEnergy, FirstEnergy has essentially declared war on renewables and efficiency, and is attempting to massively gouge ratepayers, as well as taxpayers, to prop up failing plants like its Davis-Besse atomic reactor. This according to a report by IEEFA -- the Institute for Energy Economics and Financial Analysis.

The article quotes Tom Sanzillo, IEEFA's director of finance:

"FirstEnergy's CEO has called this the 'lost decade. But it has not been a lost decade for other utilities investing in renewables and alternatives to coal,'" Sanzillo said. "FirstEnergy's corporate leadership is lost, and they are asking shareholders, ratepayers and government officials to pay for their management blackout."

Tuesday
Apr292014

SUN DAY Campaign: EIA underestimates future contributions of renewable sources of electricity

Ken Bossong, Executive Director of the SUN DAY Campaign, published a press release on April 29th entitled "EIA PROJECTS RENEWABLES TO BE 16-27% OF U.S. ELECTRICITY SUPPLY BY 2040: LOW END DOES NOT PASS THE LAUGH TEST; UPPER BOUND PROBABLY STILL TOO CONSERVATIVE."

He analyses EIA's report, documenting -- at times with EIA's own data -- how it significantly underestimates not only the potential contribution of renewable energy sources to the U.S. electricity supply, but also what renewables (that is, biomass, geothermal, hydropower, solar, and wind) will likely provide in the next few years, and decades, to come.

Ken Bossong warns: "Unrealistically low forecasts provide ammunition for those arguing that investments in renewable energy are not cost-effective and that new fossil fuel and nuclear construction is necessary because renewables cannot meet the nation's future energy needs. As such, EIA's projections can have multiple adverse impacts on the renewable energy industry as well as on the nation's environmental and energy future."

The SUN DAY Campaign is a non-profit research and educational organization founded in 1992 to promote sustainable energy technologies as cost-effective alternatives to nuclear power and fossil fuels.

Wednesday
Apr162014

"Is The New York Times Missing The Decade’s Most Affirmative Climate-and-Energy Story?"

Charles Komanoff, is an article posted at the Carbon Tax Center (which he directs), has set the record straight with the "paper of record."

The Carbon Tax Center is a clearinghouse for information, research and advocacy on behalf of revenue-neutral carbon taxes to address the climate crisis.

Komanoff provides ten points to keep in mind in order to critically assess the New York Times, and others', dismissive attitude toward the German energy transformation, away from nuclear power and fossil fuels, to efficiency and renewables.