NEWS ALERT REVISITED! Shocking New Report Confirms Massive Freshwater Consumption in Fossil Fuel and Nuclear Power Generation

In June 2013 a report was published which confirmed what we at Eurogen have known for quite some time – namely the staggering amounts of freshwater that are used to generate electricity from coal and nuclear fired power stations. The report, Burning Our Rivers: The Water Footprint of Electricity found that for every gallon of residential water used in an average household, five times more is used to provide that home with electricity generated from  fossil fuel and nuclear power plants (40,000 gallons each month).

The report also concludes that electricity generated by coal, nuclear and natural gas power plants is the biggest  consumer of freshwater in the U.S., accounting for more than 50% of all fresh surface water withdrawals from rivers and lakes. This is more than any other economic sector, including agriculture, and occurs at a time when all other sectors are reducing water withdrawals. Unbelievably the water footprint of electricity is highest for hydropower: each day, enough water to meet the demands of more than 50 million people evaporates from reservoirs behind hydroelectric dams.

Put another way more than 25% of the freshwater withdrawn by fossil-fuel power plants to cool their generators goes up in steam; the remainder carries pollutants and excess heat into rivers and waterways, causing fish kills and algae blooms. Nuclear and fossil-fuel electricity generators are being subjected to growing demands on freshwater usage that in turn compromises their ability to generate electricity. Recent ‘brown outs’ in Europe are a worrying trend. Consumers are becoming increasingly aware of this and are active in expressing their preference for ‘green’ electricity. Enormous carbon emissions from fossil fuel power stations and the massive water consumption necessary to cool the fossil fuel and nuclear power stations are often not factored into the calculations.

There is a world-wide renewable energy resource that can replace fossil fuel and nuclear power stations. There is a technology suite that can exploit and commercialise that resource thanks to the development team at Eurogen. Europe will not lose 35% of its fresh water to cool the fossil fuel and nuclear power stations and countries like Spain, France, New Zealand and others should not experience ‘brown outs’ particularly in summer high temperatures.

What is required is a ‘base load’ generator that does not generate carbon dioxide, and an alternate base load generator of electricity that does not require massive amounts of freshwater for cooling.

The time for Eurogen Power has come.

Click Here to read Burning Our Rivers:The Water Footprint of Electricity

July 23, 2013Permalink

NEWS ALERT: Fossil Fuel Subsidies Bombshell

Let’s Talk Subsidies….

Little known fact #1: total subsidies for global fossil fuels have been estimated at between $775 billion in 2010 and more than $1 trillion in 2012,

Little known fact #2: total subsidies for global renewable energy stood at just $66 billion in 2010 and $88 billion in 2012.

Little known fact #3: the fossil fuel energy sector has been heavily subsidized since 1918.

This is according to new research conducted by the IMF and International Energy Agency and is clearly contrary to the public perception that only the renewable energy industry receives subsidies.

In fact the IMF went as far as stating that “Government subsidies of gasoline, electricity and other energy sources amount to about $1.9 trillion a year and should be ended or offset with taxes used to battle climate change and pay for social programs”. “It is time for subsidies to end and carbon taxation to be put in place,” said IMF First Deputy Managing Director David Lipton.

The biggest offender was by far the United States, with $502 billion. China were second with $279 billion, and Russia were third with $116 billion.

The most significant finding carried out in the study is that most of the problem is the failure to correctly place a price on carbon pollution. Global warming is the ultimate example of a market failure in which one market enjoys the benefits while the other pays the costs.

These are true and real costs to society that are ultimately picked up by taxpayers. The continual and perpetual burning of fossil fuels have alarming direct and indirect consequences, and yet bizarrely thanks to these enormous subsidies governments are making it cheaper than ever for fossil fuel energy generators to continue polluting the atmosphere.

The study found that the direct effect of eliminating all fossil fuel subsidies would be a reduction in carbon dioxide emissions of as much as 13 percent, as well as having positive knock on effects by reducing fossil fuel demand and increasing investment and jobs in clean energy.

Click Here to see how the $775 Billion is broken down

Click Here to see a perspective on “Hidden Costs” of burning Fossil Fuels

Eurogen is committed to reducing CO2 emissions, creating new jobs and delivering clean, pollutant free green power into the grid on a 24/7/365 basis.

July 16, 2013Permalink