Renewable Energy in U.S. Power Generation

Source: Justmeans (10/6/10)

"The largest single renewable energy source was biomass."

According to the EIA, renewables provided 11.14% of all domestic U.S. energy production the first half of 2010 (H110). This continues the steady growth trend for renewable energy sources in the U.S. In fact, renewable sources powered 4.91% more BTUs in H110 than in H109 and 8.37% more than H108.

The largest single renewable energy source was biomass (including biofuels), which produced 50.66% of all renewable energy during the period. The second largest source was hydropower (32.56%); and wind, geothermal and solar provided 10.91%, 4.53% and 1.32%, respectively.

An interesting benchmark is nearing, as renewable energy's contribution to domestic energy production is fast approaching that provided by nuclear power: 11.19% in H110—just .05% higher than the renewables.

According to EIA data, electricity generated by biomass, geothermal, solar and wind sources H110 increased by 13.0%, compared with the amount of electricity they generated during the first half of 2009. Wind-generated electricity increased by 21.4%; electricity from solar thermal and photovoltaics rose by 16.4%; wood & other forms of biomass rose by 4.5%; and geothermal output increased by 0.8%.

However, the largest absolute increase in electrical generation from June 2009 to June 2010 was chalked up by coal-fired generating plants, which produced 17,483 thousand more megawatt hours (MWh), or 11.8% year over year, and powered more than three-fifths of the overall national increase in electrical generation. Natural gas-fired plants came in second, producing 9.6% between 2009 and 2010.

Even so, wind was the energy source with the third-highest absolute MWh increase YOY June 2009–June 2010. Conventional hydroelectric power generated 164K MWh during the same period. Hydroelectric generation in California was by far the largest contributor to the overall national increase.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

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Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

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