| Energy Realism last week examined the evolving, adapting, and expanding U.S. electricity supply system. The AI needs for certain types of power are obvious and clear. The energy legends Frank Clemente and Fred Palmer got us started last week: the great value of coal in our electric power system is long, factual, and undeniably proven. All we have to do is look back at some recent major weather events to see just how dependable coal “saved the day.” And in short, intermittent, usually unavailable wind and solar simply failed to deliver. Sorry greens, but them the facts folks. Indeed, Sarah Montalbano confirms that our AI build-out demands reliable and affordable electricity, loads of it, and that usually will need to come from baseload coal, gas, and nuclear. There is surely a place for wind, solar, and their accompanying batteries, but we must remain practical: these are far more “supplemental” resources than “alternative.” This explains why Benjamin Zycher is so supportive of the new pro-natural gas law down in Louisiana. Let’s be clear, gas is clean and hugely beneficial from an economic standpoint. Finally, let’s give Mark Mills and his group a shout-out for their just released study on how energy is being taught at U.S. universities. While not all is lost, Houston…we’ve got a problem. In the News Frank Clemente, Fred Palmer, RealClearEnergy Jamal Mustafayev, IAEA Sarah Montalbano, RealClearEnergy Eric Holthaus, The Guardian Coaches Database Peter Johnson, Electrek Suvrat Kothari, Inside EVs Tsvetana Paraskova, Oil Price Peter Behr, E&E News Alina Voss, RealClearEnergy Jens Thurau, DW Beatrice Tridimas, Context Benjamin Zycher, RealClearEnergy Tan et al., Energy Intelligence Nazih Osseiran, Context BNN Bloomberg Rob Thummel, Senior Portfolio Manger at Tortoise Capital, joins BNN Bloomberg to discuss the outlook for the energy market. Wendover Productions |
