"That leaves the third explanation by the Times, the old staple of anti-market thinking: Competition leads to higher prices because of 'profits taken in by energy suppliers.' Based on reading the Times article, you might be surprised to learn that monopoly utilities also make profits. Indeed, utility rates are typically set to give the utility a set percentage of profit based on their past investments. This, needless to say, does not encourage utilities to find ways to lower costs."
"Touted as the first facility of its kind in the US, datacenters at the campus will be directly connected to the 2.5 gigawatt Susquehanna power plant 'without intermediation by legacy electric transmission and distribution utilities,' which the company claims will allow it to offer the most attractive energy rates in the country."
"Centrus’s pioneering cascade uses gas centrifuge machines, which feed uranium hexafluoride (UF6)—heated to a gaseous state—into a rotor inside the centrifuge machine. A rotor spinning at high speed inside a steel casing uses centrifugal force to concentrate the heavier U-238 isotopes at the outer wall of the rotor and the lighter U-235 isotopes toward the rotor center. The streams are then fed to the next machines in a “cascade” to achieve the desired level of enrichment. Centrus will use a 4.95% LEU feed material for its planned HALEU 16 AC100M-centrifuge cascade. It suggests roughly 85% of the separative work units (SWU)—a measure of enrichment needed to produce HALEU—is already contained in the LEU feed material."
Jeremy Dillon of E&E News reports on the House Republicans’ new energy and permitting package. “‘Every time we need a pipeline, road or dam, an average of almost 5 years and millions of dollars in costs get added to the project to comply with Washington’s permitting process. That’s too long,’ Speaker Kevin McCarthy (R-Calif.) said...
Voters Overwhelmingly Prefer the GOP Approach to Creating a Healthier Economy and Planet
Texas lawmakers should consider ways to maintain electricity market competition in the state while bolstering grid reliability. This means reducing the government's preferential treatment of certain energy sources and maintaining an unsubsidized energy strategy that lets free markets and free people, not politicians, pick winners and losers.
For the U.S. and our allies such as South Korea, energy security is national security. We need to keep expanding our supplies to provide a better, more secure energy future for everyone, everywhere.
"Investing in regenerative agricultural solutions shouldn’t be viewed as politically divisive or at odds with economic returns. It can benefit us all. We need strategic investments to accelerate this momentum. We need to invest in farmers and ranchers to unleash powerful, unique climate solutions that our planet and food systems need."
Dr. Barbara Kolm writes in The Daily Signal about Germany’s irrational energy policy. “If the government wanted to truly help the environment, however, it would look to free enterprise to find solutions and use those resources that are abundantly available—for example, hydropower in the Alpine regions or the rivers.” Read the full article here.
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