Real Clear Energy Charticles

Energy Charts Interpretated and Analyzed by RCEnergy

Ontario Suspends Renewables

Is the province of Ontario's decision to suspend procurement of wind and solar energy an "about face...in a disastrous green energy program" or simply a pause for retooling? Only time will tell. The province has attempted to put a bright spin on the move by declaring that the cancellation is “expected to save $3.8 billion in electricity system costs,” thereby saving a typical...

Frackers Gotta Frack

We're still here. It could be the slogan of the US shale patch. The "brutal culling" predicted in 2014 when Saudi Arabia appeared to be trying to eliminate competition by flooding the market has not happened, the Wall Street Journal reports. Yes, there have been bankruptcies and layoffs, but the US shale patch hunkered down, got more efficient, reduced its break-even price and is weathering the...

King of the Carbon Squeezers

Bloomberg describes him as an "environmental sleuth, bureaucrat and more-than-occasional bane of the auto industry." He's the guy who rips cars apart (if necessary) to make sure their emission claims are what they say they are and to make sure they're meeting EPA requirements -- which are slated to get more stringent. As head of the U.S. Environmental Protection Agency’s air-quality and...

Coupon-Clipping Saudi Style

Maybe it's time to quote Churchill to the Saudis: Some words about "blood, sweat, and tears" and "never, never surrender." Because fortitude will be needed. A country that has been propped up by oil, where most nationals experienced "a cozy lifestyle," is starting to experience a little turbulence -- ironically much of it, the Wall Street Journal points out, of its own making. Saudi Arabia is...

It's (Still) Good to be Norway

If only everybody could be Norway. A green gem, adorned by turquoise fjords and bordered by the mighty North Sea, a sea whose oil deposits -- since their discovery in 1969 -- have made Norway "stupendously, incomprehensibly rich" as a jealous-sounding Huffington Post Canada article put it in 2014. The country created a government-run pension fund in the 70s and began investing profits abroad in...

How to Fight a Fracking Ban

"Don't Just Sit There." That could be the lesson to the oil and gas industry from this rather repetitive, He-Said, She-Said-style (and not-so-subtly anti-fracking) treatise from Bloomberg's Daily Environment Report. Fracking is a passionate issue, no doubt. On one hand it brings jobs and wealth and frees us from dependence on OPEC; on the other hand, it may cause earthquakes and other...

Did a California Utility Cook Data?

PG&E stands for Pacific Gas and Electric -- for all of you who haven't lived in California and been dependent on the ubiquitous company for your precious, life-giving air conditioning. The utility, which supplies natural gas and electricity to most of the northern two-thirds of the Golden State, has been in the news recently because it has decided to shutter Diablo Canyon, California's last...

Grid-Scale Storage Gets Easier

Elon Musk is a man of big dreams, big plans, large-scale projects (see the Gigafactory now being constructed in Nevada), who is sometimes accused of too much big hype. Here's another Big Musk Plan that has big potential (as reported by Bloomberg): "Tesla Motors Inc. will supply 20 megawatts (80 megawatt-hours) of energy storage to Southern California Edison as part of a wider effort to prevent...

Elon Musk Wanted a Battle...

...And he's got one -- for cheap(er) hybrids with acceptable battery range. This week General Motors announced the specs for its 2017 Chevy Bolt, a hybrid, which Chevy claims can go 238 miles on one battery charge. It's also significantly cheaper than Tesla's cheapest hybrid, the Model S. As Bloomberg puts it: "The Bolt is the most tangible sign yet that traditional carmakers aren't sitting...

Cheap Gasoline is Great But...

Take a mental journey back to June '14. Economist/pundit types were in full chortle: Low oil prices were causing lower gasoline prices and this would shortly have an invigorating effect on the sluggish U.S. economy. Giddy consumers would shop, buy, consume - because they had an extra $25 to $100 a week to spend. Not so fast, buddy. To those living outside the Beltway this seemed a tag naive: ...

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