Nuclear Energy Trends- Germany
Germany – It’s Not Easy Being Green
Forty-one years ago on Sesame Street, Kermit the frog sang a plaintive song, “It’s not easy being green.” In a gesture of solidarity, perhaps he should fax the lyrics to German Chancellor Angela Merkel, whose government is suddenly discovering the costs of weaning itself off nuclear energy.
In the wake of Fukushima, German Chancellor Angela Merkel announced on 30 May that Germany, the world’s fourth-largest economy and Europe’s biggest, would become the first Continue reading
Glow at the End of the Tunnel
By Elizabeth Manning, Casey Energy Opportunities
Nuclear energy has taken a beating since the Fukushima crisis began in March, but we believe the arguments are strong that it’s not down for the count.
There are a couple of factors that the Casey Energy Team considers bullish for the nuclear industry and market. Let’s take a closer look and back them up.
Factor #1: The pre-Fukushima price of uranium reflected not just market perception but a very real shortage of uranium that’s looming in the face of growing global demand.
The Japanese earthquake struck just as the nuclear renaissance was gaining momentum. After a decade, efforts by the industry to promote nuclear power as a safe, clean and reliable alternative to fossil fuels were finally taking hold. So was the message that nuclear power offers the “always on” type of electricity that other, more glamorous low-carbon technologies like solar and wind power could only supplement, not replace. Continue reading
How Obama’s Policies will Affect Energy Prices
By Marin Katusa, Chief Strategist, Casey Research Energy Team
Casey Energy Opportunities
One might think the United States would be charging hard on energy security as well as border and other kinds of security in its Global War on Terror campaign. Not so. For example, America imports some 12 million barrels of oil per day, yet maintains a Strategic Petroleum Reserve (SPR) whose maximum is 727 million barrels and its inventory is currently lower, 701 million barrels, because the government cut off shipments to it last year in an effort to modulate gasoline prices. [That is just over a 58 day supply-Editor] The math gets even more discouraging when you work in the fact that the SPR’s daily drawdown capacity is only 4.4 million barrels – so America is completely unprepared for any worst-case scenarios, or even the bad-case ones. Continue reading
