Guest blog by SA Shelley: No doubt about it, the world runs on energy (and money). Nearly 80% of all the world’s energy is still provided by coal, oil and gas though this fossil fuel proportion of the energy mix is now shrinking and in just under 10 years, the world’s energy mix will look markedly different. I hope that in addition to coal, oil and gas the OWOE reader is familiar with some of the other large energy sources such as nuclear, wind, solar, hydro and wave. Here at OWOE we try to bring useful and relevant knowledge and ideas about energy to the reader, and one big potential and virtually zero carbon energy source that has been overlooked by a lot of people including the OWOE bloggers is geothermal energy. Well no more. After a bit of research this OWOE blogger has gone gung-ho for geo for good reason.
Continue reading Gung-ho for GeoCategory Archives: Guest Blog
The little bulb that is killing coal
Guest blog by SA Shelley: The amount of energy consumed to light our modern civilization would surprise most people. In the not too distant past, residential and commercial lighting consumed about 20% of all electricity produced. Basically, every fifth coal, nuclear or gas turbine power plant built was used to just to light cities, factories and homes. However, since the advent of the LED, there has been a remarkable drop in the amount of electrical power required to light our modern world. Depending upon where you live and work, recent data suggests that residential and commercial lighting now consumes only between 7% to 12.5% of all the electricity produced. That’s a drop in energy consumption for lighting by almost 1% per year over the last 10 years. The good news is that the energy for lighting continues to decline and will only get better as more LED lighting replaces inefficient technologies (see Fig. 1 and Fig. 2).
Continue reading The little bulb that is killing coalWho is hiding all the oil?
Guest blog by SA Shelley: I try to avoid writing about oil too often for three reasons: 1) the oil markets are well observed by more than enough highly paid analysts, 2) the changes in energy technology and distribution are more interesting (and still largely misunderstood by highly paid analysts) and 3) I try to build anticipation for my oil industry supply and demand blog in January of each year. But because of some recent peculiarities that have arisen in the oil markets, a short blog about oil now seems warranted.
Continue reading Who is hiding all the oil?How good is the OWOE blogging staff?
SA Shelley, WH Luyties: OWOE is a small site, with just a few dedicated and experienced staff who follow energy technologies, economics and policies. Occasionally, OWOE bloggers dare to forecast energy developments that tend to be contrarian, and, much to everyone’s surprise, they have been very good at forecasting trends correctly and ahead of much larger analytical organizations. Are we that good at more quickly analyzing publicly available information along with some insight and soft analysis? Or do we have access to the dark arts such as whiskey and voodoo?
Continue reading How good is the OWOE blogging staff?A Tanker War in the Gulf Will Not Help Anyone
Guest blog by S. A. Shelley: In the past few months, a lot of people around the world have probably wondered about why oil prices have again quickly and significantly fallen. I’ve argued in a prior blog at the beginning of this year that the world is awash in oil supply. Even though oil production is collapsing in places like Venezuela, Iran and Mexico, is in danger of collapsing in more places like Angola and Libya, and is politically constrained in places like North Venezuela (Canada), there still is plenty of oil to supply most global markets. The plentiful supply of course comes from surging production in the U.S., ample production in Russia and new offshore fields coming on stream in places like Guyana and Brazil. If you couple increasing supply with softening global demand for oil, you get such downward pressure on oil prices. So what’s with this nonsensical sport of shooting tankers in the Gulf of Oman?
Continue reading A Tanker War in the Gulf Will Not Help AnyoneCanada and Energy: Part 3 – It’s Very Ugly
Guest blog by S. A. Shelley In the first blog of this series, I summarized the huge energy resources of Canada. In the second blog, I showed how most of those resources have been or are being squandered and how governments with good intentions, at times more often than naught, deliver bad outcomes. While statistically bad outcomes can be unintentional, in Canada a lot of bad outcomes are actually the deterministic result of government strategy. Coupled with the breakdown of the rule of law at the highest levels, Canada is in bad shape. That unfortunately is the very big ugly in Canada. Other factors resulting in Canada’s bad energy situation are the focused actions by small groups of well-funded opponents and the apathy by the populace who have been habituated to the sweet lucre of government largesse. Canadians are generally kind and polite people, but at the governing level, the plotting and duplicities surpass a Shakespearean tragedy. The Russians probably learn by watching what happens in Ottawa.
The biggest warning that I have is that the path that Canada is on will more likely lead to Canada becoming the next Venezuela – corrupt, ineffective and when in trouble, doubling down on failed collectivist ideas, instead of returning to integrity, order and prosperity.
Continue reading Canada and Energy: Part 3 – It’s Very UglyRecent Interesting and Unusual Energy Stories
Guest blog by Mr. R. U. Cirius: Here are some interesting and somewhat offbeat energy stories that haven’t gotten much media attention during the first three months of the year.
California wind turbines contribute to unprecedented wildflower outbreak
This year California has experienced what many are calling a “superbloom” of wildflowers that hasn’t been seen in decades (Fig. 1). While most attribute this to heavy winter rainfall following several years of drought, Dr. Marko Ramius from the National Wind Energy Laboratory (NWEL) has identified another contributor to the phenomenon – California’s ubiquitous wind turbines. Dr. Ramius has released his surprising findings that show the role of what he calls the “turbulence boundary interface”. This is the boundary of the turbulent mass of air downstream of the turbine’s rotor that generally hovers just off the ground. He has found that this boundary traps moisture close to the earth, which then enhances and prolongs the period of flower bloom. He is currently in discussion with major turbine manufacturers to incorporate blade tip misters into their designs that could provide moisture during drought periods and hopefully make such superblooms a more common occurrence.
Click here to learn more about wind energy.
Continue reading Recent Interesting and Unusual Energy StoriesCanada and Energy: Part 2 – The Bad
Guest blog by S. A. Shelley In the previous blog about energy in Canada, I presented evidence that Canada has abundance of energy, ranging from hydrocarbon to existing renewable energy supplies. In essence, Canada has similar potential to Norway and even at a larger scale. Norway, like Canada, has been a prolific producer of oil and gas and continues to be so, but Norway is already in a position to be able to transition fully to renewable energy and has undertaken steps in that direction and to curtail fossil fuel consumption (see Independent.co.uk, and Fortune.com).
But where Norway has long term vision and broad social and political consensus, Canada has acrimony, mismanagement and corruption.
Continue reading Canada and Energy: Part 2 – The BadCanada and Energy: Part 1 – The Good
Guest blog by S. A. Shelley If there is a poster child in the world for energy wealth, it’s Canada. Folks are dumbfounded by what the Europeans are achieving with renewable energy and decarbonizing, folks quake at the vast untapped oil and gas reserves of Russia, and folks are stunned at how technology and finance combined to bring about the prolific U.S. tight oil and gas production which is upheaving world energy markets. Wow, eh?
Instead, folks should be looking at Canada, that half frozen land of log drivers, curlers and exporter of Hollywood A-listers, and be awestruck by the energy resources that have somehow fallen under the Dominion of Canada.
Continue reading Canada and Energy: Part 1 – The GoodThe Great Oil Slump of the 2020s – Part 2b, Demand and Technology
Guest blog by S. A. Shelley In my previous two blogs I have offered views on oil supply and the (macro) social changes that are resulting in a slowdown of growth in oil demand. In this blog, I’ll look at some of the technological (micro) factors that that will contribute further to a drop in demand. This combination of oversupply and drop in demand will have significant and far-reaching impacts on oil companies, petro-nations, and all the companies and people who are a part of the industry.
Continue reading The Great Oil Slump of the 2020s – Part 2b, Demand and Technology