The cost of electricity in the future, the price of renewable energy

The cost of electricity is a complex calculation. Using a number of assumptions it is possible to calculate the cost of producing electricity in a fixed situation but there are still external variables, especially in a lifetime cost calculation, which an owner has to evaluate with additional risk and sensitivity analysis. These include political factors […]

Renewable Energy

Most energy sources can be consumed in two ways, directly and indirectly when converted to another form of energy. For example, wood can be burned directly as a primary energy source to heat space, or it can be burned to produce heat to generate electricity, a secondary energy source. Likewise, geothermal energy can be used […]

Talking NRG’s Latest News

Here is a sample of the stories that made the news that are highlighted in this edition of Talking Energy Oil explorers idled rigs in U.S. fields for the 21st straight week, extending an unprecedented retreat in drilling that has curbed domestic output and helped crude prices rally. Rigs targeting oil in the U.S. declined […]

The Economics of Nuclear Power

There are many uncertainties about the economics of future nuclear generation. These are aggravated when nuclear is compared with other sources of power, because these are subject to their own uncertainties, such as fuel price rises and political manipulation such as OPEC and recent Russian gas manoeuvres. The cost of building nuclear power stations was […]

A Valuable Tool for Anyone

Global Energy Certification is an indispensable tool for individuals who wish to further their skills and knowledge of the energy industry and stand out amongst their peers. GEC is an online learning program and exam which tests your knowledge of key industry elements. The set-up allows flexibility and for the participants to work at their […]

The BioFuels Market

Biofuels are liquid fuels produced from biomass feedstocks through a number of chemical processes. The two main biofuels on the market are: Ethanol and its derivative ethyl tertiary butyl ether / ETBE produced from plant sugar Biodiesel produced from vegetable oil Other liquid biofuels have been researched but have not entered large scale commercial production. […]

Introduction to renewable energy

What is renewable energy? Renewable energy is energy which can be obtained from natural resources that can be constantly replenished. Any energy resource that is naturally regenerated over a short time scale and derived directly from the sun (such as thermal, photo-chemical, and photoelectric), indirectly from the sun (such as wind, hydro-power, and photosynthetic energy […]

The Benefits of Distance Learning

Many professional and government bodies such as the United States’ Department of Education’s National Forum of Education Statistics recognize that remote and distance learning are becoming increasingly prevalent in today’s education systems and structures. Not only the quantity, but also the quality of remote learning has improved and increased over the last few years. Technology […]