Power Breakfast for April 24, 2014

A nearly daily roundup of news for your consideration:

  • Electric choice for consumers is “more like a scam” say opponents of a bill that would deregulate the electric market in Michigan, reports Michigan Live. From the article:

    “Electric choice often is best for large corporations, which have the people and resources to bargain for the best price, said Bill Booth, senior energy advisor for the U.S. Energy Administration. Big companies often pay more in energy costs than an average person, making electric choice an added incentive when deciding where to open a business. This is not the case for homeowners, who often do not get the information needed from outside energy marketers to make an educated choice, he said.”

  • An energy analyst said Wednesday that energy efficiency technologies will be the world’s best source of energy in the future. According to the Dallas Business Journal, Exxon Mobil’s Ted Pirog believes electricity generation will grow by 90 percent by 2040, while the necessary fuels will grow by only 50 percent, and natural gas will overtake coal generation.
  • The oil boom in south and west Texas is on track to make the state the second largest oil producer in the world behind only Saudi Arabia, says WOAI Radio.
  • Nuclear facilities in the U.S. operated with zero fuel failures last year and at high levels of reliability, Valve Magazine reports.
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