Natural Gas Trends:
Natural Gas closed Friday at $3.35 per mm Btu and has been on a three month downtrend from the $4 level where it put in a near-term double top in October and November of 2012.
Natural Gas Trends:
Natural Gas closed Friday at $3.35 per mm Btu and has been on a three month downtrend from the $4 level where it put in a near-term double top in October and November of 2012.
Eden Gardens Project, by Cornucopia-enterprise (http://www.cornucopia-enterprise.com) is announcing the new Energy/Food/Water/Composting campus on Earth Day 2012. It is hard to believe that 6 years ago we were thinking of the potential of Wind Power and negotiating with manufacturers in Holland to import their turbines. Today there are thousands of wind turbines producing power for millions of homes. Now, Eden Gardens Project combines not only wind power, but solar PV, solar water heating, in an overall campus that can grow food, create energy, desalinate water, and do all at triple the efficiency of traditional systems.
When www.wind-inc.com first opened its offices between Fort Worth and Weatherford, on I-30, we had 30+ calls a day from people wanting to know more. People are interested in renewable energy, and in some cases prices are coming down.
Coal-fired power plants, lose about two thirds of the energy in the coal (meaning only about 1/3 of the energy in the coal ends up as electricity). The electricity then leaves the power plant, and around 12 percent is considered "line loss" due to resistence and innefficient systems(making transmission efficiency around 88 percent). So the end-to-end efficiency if coal-fired power is probably 0.33 x 0.88 = 0.29 or 29 percent efficiency. This does not take into consideration that a coal fired plant, uses millions of gallons of water and also creates long term carbon and coal sludge waste that has a reciepie of toxic or harmful chemicals that impact ground and water supply. The impact of the coal "emissions" is well known as a leading cause of pollution in the world.
By contrast, a typical wind turbine is about 30% efficient in converting the energy from the wind, into electricity, and turbines placed near the "user", typically show a 1%, maximum 2% line loss. Wind uses no water, and has no emissions, or sludge. So we might say that wind energy isas efficient as coal production, which much less financial cost, or negative impacts upon health or the environment.One of the key factors is that wind turbines can be placed locally, or near the location of consumption. Industrial plants, malls, hospitals, and universities are learning that turbines can be sized, so that one can produce the electrical needs for a dormitory, or an assembly line, or kitchen. Therefore, because of the "close proximity" there is very little line "resistance" loss, increasing efficiency. Battery packs, or systems can be installed so that the turbines always keep a one or two day supply of power charged up into the back up battery system in the event of a "no wind" period. Furthermore a master switch, and put a building "back" on the grid, if there is an extended "no wind" situation. But, that is rare and another system we like, is to put in a hybrid system that includes wind power, PV solar panels, and solar water heating. The three together can bring many buildings to a "net zero" status. (Meaning, they produce as much energy as the building needs, therefore eliminating electric bills.)
The Energy Information Administration announced that former statements estimating natural gas reserves in the United States were overstated by up to 66%.
Estimates of the life span of natural gas reserves, obtainable through tracking and shale deposits, were dropped, in some cases from a 25 year supply to 12-15 years. "Those who look at the data carefully, also note that as much as 25% of the reported reserves are still in small pockets, too expensive or difficult to extract" said Ben Boothe, of www.environment-solutions.com.
"While we have all been heartened to think that we have a reprieve of energy supplies, this painfully reminds us that supplies of natural gas and oil reserves in the USA, are a depleting resource and eventually will run out." continued Boothe. "It is incumbent upon those gas and oil companies to follow wise and prudent practices, and set aside some of the fantastic profits they now enjoy, into developing renewable energy production. This will in the long term, be a wise and profitable path to follow." Citing history, Boothe recounted the example of the Ancient Egyptians, who in years of bounty, set aside huge reserves of grain, which proved to be a life saver when drought and crop failures occurred.
In 2011, the U.S. imported 4.1 billion barrels of petroleum accounting for 60% of the U.S. supply. The total cost of those imports was $453.6 billion. That represents an increase in cost of 34.6% over 2010 and a whopping increase of 71.8% over 2009.
In the election cycle of 2008, virtually every candidate for every federal office from both political parties made a campaign promise to enact legislation to reduce our dependence on OPEC oil. These numbers I have cited prove little has been done.
Today we're paying about $100 per barrel for foreign oil and, in the case of OPEC oil, often to nations that are hostile to our best interests. Oil prices are up when they should be going down. Demand for oil globally is down while domestic production in America is up. There's one word that describes why oil prices are up instead of down: geopolitics, much of it attributable to the seemingly never-ending turmoil in the Middle East.
I could not have been more surprised when I met Tom Lopez, owner of Vista Primavera Homes
in Taos, New Mexico. He had asked me to meet him and see some houses that he had built, with hopes that our appraisal firm http://www.benboothe.com could give value to the enhancements of his properties. My wife was kind enough to drive, and as we headed for Taos, I thought about how beautiful the mountains of New Mexico are.
In Taos, I expected to find a typical "custom" style home with traditional materials. Upon arriving, I saw state of the art homes, with the best quality solar water heating, and enough PV panels to actually pay the electric bill for these homes. Plus, the view of Taos Mountain,presented a beautiful setting, with design features giving excellent design consistent with the Taos culture.
With the massive destruction in Japan, nature has asserted it's power, but Ben Boothe, of http://www.benboothe.com asks a question.
With the billions that we have spent on risky ventures such as the “Gulf Oil BP Deep Well” and the giant Nuclear Plants, and the billions that will be spent to clean up their disasters, “SHOULDN’T WE CONSIDER THAT PERHAPS THERE IS A BETTER WAY?”
To our readers: Now we have even more proof, beyond anicdotal reports that commercial buildings equipped with solar, wind, and other renewable energy and sustainable products are better investments and represent more profitable facilities. Wake Up America! Ben B. Boothe, Sr. http://www.wind-inc.com Reported by: RICS
“Sustainability and the Dynamics of Green Building”
We have long been seeking some way of storing the electricity from Wind Power. These Giant Batteries, may be an answer, and could take care of "Peak Power" and fluctuating wind issues. We at Wind-Inc., http://www.wind-inc.com believe that this is significant.
We compliment the innovative companies that have initiated this, especially American Electric Power, one of the world's largest utility companies.
Utility Xcel Energy reports that a huge battery has worked effectively in smoothing out variable wind power, signaling how pockets of energy storage can help create a cleaner grid.