<DrumBeat: December 28, 2007 The Oil Drum On Energy Transitions Past and Future>

72 comments on My Top 10 Energy Stories of 2007

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LevinK on December 27, 2007 - 3:33pm Permalink | Subthread | Parent | Comments top

Actually 10 years of assured reserves is a pretty typical figure, and not that bad one. IIRC lithium reserves for example are also in the 15-20 years range - does this spell an end to Li batteries and plug-in hybrids?

What non-oil peakist fail to understand is that resources with relatively small market are in their infancy of exploration and development compared to oil. Indium circa 2007 is pretty much in the phase oil was in 1907. And why not? Who needs millions of tonnes of Indium nobody will ever use? Even with these high prices, the whole Uranium market for example is paultry $1.4 bln a year. This compared to a daily value of oil of $8bln. So, why dig the whole world for small-value resources nobody has a pressing need of!?!

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tstreet on December 27, 2007 - 4:09pm Permalink | Subthread | Parent | Comments top

Further, are we saying we will run out of LCD TVs? Also read in Wikipedia that Indium is less rare than silver. Just wanted some feedback. Every time we have a breakthrough in solar, or whatever, there are always those who spoil the party by pointing to some shortage of something. Further, those, like the Google founders; are they investing tens of millions in technologies that will disappear in ten years. Seems like they or their well paid minions would have checked this problem out.

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john15 on December 27, 2007 - 7:24pm Permalink | Subthread | Parent | Comments top

look to electronics. costs are going up yet prices are still going down. it's called economies of scale. why can't solar experience the same thing. why can't the costs go up but because we produce so much the panels cost less like plasma screens?

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BrianT on December 27, 2007 - 10:52pm Permalink | Subthread | Parent | Comments top

That is not the definition of "economies of scale"-I would have thought the term itself would have tipped you off. You remind me of the guy buying shoes for $3 and selling them for $2- his friend asks-how do you stay in business-his reply: We make it up on volume.

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BobCousins on December 28, 2007 - 2:46pm Permalink | Subthread | Parent | Comments top

"Electronics" is not necessarily a good example. You can miniaturize information processing, but you can't miniaturize power production.

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72 comments on My Top 10 Energy Stories of 2007

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