HB Ad Slot
HB Mobile Ad Slot
Give a Value to Stable Energy Fuel and Disposal Costs
Sunday, June 30, 2013

Anyone watching the up and down machinations of gasoline prices in Michigan this month, or who can remember when natural gas prices were over $12.00/mcf and not the current $3.89/mcf, must wonder why economists ever try to make energy price predictions. Can they really predict the life cycle fuel cost for the gas-fired power plant proposed by Consumers Energy? Can they really tell us the life cycle disposal costs for the nuclear power plant proposed by DTE Energy? Did they accurately predict the sharp increase in fuel costs when coal prices were flat but coal transportation costs skyrocketed? Imagine a world where fuel costs and disposal costs are fixed for ten, twenty, or thirty years—fixed at zero. It takes away the guesswork; we could dismiss the economists. Distributed and renewable energy—wind, solar, geothermal—convert key variables in the energy equation to “zero”. It is time to give certainty and predictability a value in energy resource planning.

HB Ad Slot
HB Ad Slot
HB Mobile Ad Slot
HB Ad Slot
HB Mobile Ad Slot
 
NLR Logo
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins

 

Sign Up for e-NewsBulletins