RES Lacking in a Senate Energy Bill

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As the debate continues in Congress in drafting a successful energy bill, one element is missing: a Renewable Electricity Standard.  That would set require homes and utilities to use more renewable generation. However, federal assistance is a piece of the puzzle that might be necessary to make such a goal affordable for the renewable industries - such as wind, solar and geothermal.  Tyler Suiters looks into why the groups need federal assistance, and if they will get any.

 

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Comments (10)

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It is great that we are

It is great that we are getting out of the subsidy business for an inefficient, costly and health riddled industry when it comes to wind energy. If wind is viable let industry support it on it's own not on the backs of tax payers.

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Renewable energy bill faces

Renewable energy bill faces battle in 2010, Now home are using more utilities so it got to use more renewable generation for more electricity to everyone to use ...

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Federal assistance seems to

Federal assistance seems to be tough to get these days. Hopefully, the economy will turn around and some of these projects can get off the ground.

Technical innovation tends to

Technical innovation tends to get adopted quickly when driven by genuine economic advantage.

Much discussion has recently focused on how to make new non-GHG producing renewable energy systems cost competitive with fossil fuel alternatives. People would like to expand the use of "clean energy" but they are reluctant to pay a higher cost for energy.

Increases in the cost of energy are anti-progressive and impact the poor more than the rich. The rich can always afford to pay a little more for the fuel they use to drive their BMW but when energy prices go up, for whatever reason, the poor have to often just start going without fuel.

There is a form of energy that is cheaper than cheap coal[1] and does not need to price up carbon to succeed. That form of energy is an improved form of nuclear energy using Thorium nuclear fuel. Liquid Fluoride Thorium Reactors (LFTRs)[2] only need appropriately designed regulatory standards based on honest probabilistic risk assessment to be applied to this technology by NRC. LFTR would have capital construction costs lower than any new coal fired power plants (Hargraves and Moir) and would be built just on their safety and economic merits alone if the regulatory obstacles to the introduction of improved forms of nuclear were lowered to something appropriate for this technology and closer to parity with our industrial competition.

LFTR can compete on a level energy playing field with no subsidies, feed in tariffs, handouts, or bailouts. There is no need to price up the dominant fossil fuel sectors to promote LFTR. Just lower the regulatory obstacles to introduction of improved forms of nuclear energy and LFTR would get manufactured on a wide scale driven by its own economic merits.

Pricing up the cost of energy with a carbon tax will only depress economic activity which is currently 85% driven by use of fossil fuels. Actually driving down the cost of energy with better technology that makes energy at a cost less than the cheapest fossil fuels you want to replace (coal) broadly stimulates the economy and makes all business that uses energy in manufacture or in delivering goods to market grow. Sustainably growing the economy is the easiest way to add good paying new jobs and provide the taxes to pay the cost of government and afford better schools and police. Why not consider commercializing a better nuclear technology based on use of alternative Thorium nuclear fuel which, in appropriate alternative LFTR reactors, produces only one hundredth the amount of nuclear waste as current Light Water Reactors[3].

Technical innovation tends to get adopted quickly when driven by genuine economic advantage.

[1] Cost of electricity from Molten Salt Reactors (MSR), Moir, Nuclear Technology 138 93-95 (2002)
http://ralphmoir.com/coe_10_2_2001.pdf
[2] Dr. Edward Teller and Dr. Ralph Moir - Underground Mounting of Thorium Nuclear Reactors
http://www.geocities.com/rmoir2003/moir_teller.pdf
[3] Le Brun, C., "Impact of the MSBR concept technology on long lived radio toxicity and
proliferation resistance"
http://hal.archives-ouvertes.fr/docs/00/04/14/97/PDF/document_IAEA.pdf