Friday, January 23, 2015

USA:

Former U.S. Energy Secretary Steven Chu Weighs in on the Future of Energy (Scientific American)

Steven Chu, professor of physics and
molecular and cellular physiology at
Stanford University, and former Energy
Secretary in the Obama administration. 
The price of oil has plummeted from more than $100 a barrel in July to less than $50. Meanwhile the U.S. has become the world’s leading producer of natural gas, helping the country become more self-sufficient on energy. Will this abundance of fossil fuels derail the world’s shift to renewable sources of energy, such as wind and solar power? And what does this shifting energy landscape mean for the role of fossil fuels in the U.S. energy mix? And what about nuclear power—should concern of the safety of nuclear waste trump the benefits of exploiting this noncarbon-polluting source of energy?

"As renewable energy becomes an increasingly larger fraction of the total energy, the cost of standby electricity and storage becomes part of the cost of renewables. Sometimes the wind does not blow and the sun does not shine."

Read More.......