NewEnergyNews: BUFFET INVESTMENT SAYS FORGET NUCLEAR

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Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: The Risk Of Natural Gas Vs. The Risk Of Wind
  • QUICK NEWS, April 24: The Health Impacts Of Climate Change; New Energy Is Everywhere; Study Shows LA Does Not Need Aliso Canyon
  • THE DAY BEFORE

  • Weekend Video: How To Win Friends For New Energy
  • Weekend Video: The Electric Vehicle Highway
  • Weekend Video: Wind And The Economy
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-A Deeper Look At The Heat
  • FRIDAY WORLD HEADLINE-Wind Gets Market Tough
  • FRIDAY WORLD HEADLINE-UK Gets Utility-Led Solar Plus Storage
  • FRIDAY WORLD HEADLINE-Germany’s VW Talking Its EV To China
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, April 20:

  • TTTA Thursday-U.S. Military Affirms Climate Change-War Link
  • TTTA Thursday-Solar Plus Hydro Drive Wholesale Power Cost Sub-Zero
  • TTTA Thursday-Wind Boom Goes On Growing Midwest Wealth
  • TTTA Thursday-More Kentucky Jobs In New Energy Than In Coal
  • AND THE DAY BEFORE THAT

  • ORIGINAL REPORTING: Rocky Mountain compromise: Inside Xcel's landmark Colorado solar settlement
  • ORIGINAL REPORTING: Fixed charge battle looms in Texas as regulators tackle rate design reform
  • ORIGINAL REPORTING: No time to think: How utilities are handling the deluge of grid data

    THE LAST DAY UP HERE

  • TODAY’S STUDY: Resource Diversity And Grid Reliability
  • QUICK NEWS, April 18: Study Puts 10-Year Timer On Climate Change; The War Between Wall Street And Solar; New Energy To Power Healthcare
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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • ---------------
  • TODAY AT NewEnergyNews, April 25:

  • TODAY’S STUDY: The Way To Grow EVs
  • QUICK NEWS, April 25: Private Sector Takes Over The Climate Fight; How Sea Level Rise Would Change The Map; Wind Jobs Top 100,000 As Wind Energy Booms

    Thursday, June 06, 2013

    BUFFET INVESTMENT SAYS FORGET NUCLEAR

    Buffett Bets Against Nuclear Power

    Alex Frank, June 5, 2013 (Hastings Group)

    “…[L]egendary investor Warren Buffett sent the latest in a series of signals that nuclear power is a bad economic investment in the U.S…[with the announcement that MidAmerican Energy won't be building a [small modular reactor] nuclear unit in Iowa…and will be refunding much of the public money collected…[MidAmerican said] the time is probably not right for nuclear until 'carbon emissions are constrained or taxed…

    “…[This ends a MidAmerican] nuclear review process that has been underway since 2010…[It was more bad news for the so-called ‘small modular reactor (SMR)…The June 4th pullback from SMRs in Iowa was not the first time Buffett has killed a nuclear project. In 2008, Buffett's energy company spiked plans for a reactor in Idaho…because it would cost too much…”

    “…[But MidAmerican bought] a 49% share of a $1.8 billion [290 megawatt] solar-power plant owned by NRG Energy Inc….[and built in Arizona by] First Solar Inc… [and] a $2 billion California solar farm from First Solar…[Buffett also] invested heavily in [Iowa’s] rapidly growing wind industry…[MidAmerican recently made] a $1.9 billion investment in new Iowa wind farms…The new investment will add up to 656 new turbine's to the wind portfolio of MidAmerican Energy…

    “Warren Buffett is far from being alone in dealing the nuclear power industry major setbacks in 2013… Duke announced that it would not repair the damaged Crystal River reactor in Florida… will abandon plans for two nuclear reactors at the Shearon Harris nuclear plant in North Carolina…[and] Dominion Resources Inc. voluntarily shut the 566-megawatt (MW) Kewaunee nuclear power plant in Wisconsin…”

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