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108 comments on Book Review: Profit from the Peak

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noutram on June 11, 2008 - 10:29am Permalink | Subthread | Comments top

I stayed up till the wee hours last night finishing off my copy.

I like the book and I like the review! The first chapters are like an ASPO/TOD/Matt Simmons recap! Long time lurkers will recognise quite a few of the graphs. Nice in print!

Geothermal also looks like a winner to me.

Overall: Its likely that high energy prices will push down PE ratios if we enter a drawn out Recession and Inflation will be even higher so its even more important to pick stock winners. This book gives useful advice on PO and companies likely to benefit -Recommended Reading.

Nick.

P.S. Regarding the Tar Sands -what about the new Hyperion Nuclear Battery? And generally one of the biggest areas that we can gain in is doing something with all that waste heat from electricity and industrial processes -IMO as big as gains from extracting energy in the first place...

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Euan Mearns on June 11, 2008 - 4:46pm Permalink | Subthread | Parent | Comments top

Co-generation needs to be rolled out everywhere ASAP. Over 90% efficient. Its a no brainer - which our politicians should be able to identify with.

Energy Efficiency is the only option available to us.

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john15 on June 11, 2008 - 4:56pm Permalink | Subthread | Parent | Comments top

Energy Efficiency is the only option available to us.

no wind, solar, hydro or geothermal?

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Euan Mearns on June 11, 2008 - 6:00pm Permalink | Subthread | Parent | Comments top

Wind, solar (thermal solar), hydro and geothermal are all highly efficient as far as I know, with high eroei.

But its a very good comment - I should have said energy efficiency in energy production and energy consumption is the only option available - in co-generation I was describing an energy production system that may run on coal (for base load) topped up with urban waste and biomass.

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ChrisN on June 11, 2008 - 6:24pm Permalink | Subthread | Parent | Comments top

Yooooon, I absolutely agree on co-gen. It should be a requirement of any new permit to build a commercial structure, and planners should offer incentives for manufacturing plants etc. to co-locate with existing facilities that have waste heat. Likewise, I would favor strong incentives to deploy heat pumps; if the cost of the units can be brought down or offset by incentives, the "free" heat and cooling could put a real dent in heating oil and nat gas consumption.

Right now, I am not aware of any such incentives in any U.S. municipality. But with the stroke of a pen, planners could offer them, resulting in a very significant boom for both co-gen and heat pumps, and deployment could occur quite rapidly.

On the whole, I agree that efficiency is the no-brainer.

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Euan Mearns on June 11, 2008 - 7:03pm Permalink | Subthread | Parent | Comments top

ChrisIs - UK stocks melted today. The day was one of several in recent months where one part of the market went one way - south - (Bank of Scotland down 11.6%, Royal Bank of Scotland down 9% - these are two of the UK's biggest banks) whilst BP up 1.5% and BG Group up 0.4%. The latter is one of my favorite stocks. One of the biggest sellers of LNG into the American market and significant equity in the Santos basin (declaration - I own BG.L stock).

We need to fight a bit harder to get energy efficiency adopted as standard currency. In absolutely everything we do, energy efficiency must be King. For a fair number of years at least, this will allow society to function, doing all it does at present, without too much pain - gives time to think about phase 2 of the Long Emergency.

But I gotta say that in a world run by **** heads - I'm not currently that optimistic.

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ChrisN on June 11, 2008 - 7:51pm Permalink | Subthread | Parent | Comments top

Right with ya there...

Same thing here today: A tough day for the financials, and a bomber day for energy. But I wasn't complaining 'cuz I'm long energy, plus I saw the financial meltdown coming and went long SKF (ultrashort on the financials) a couple of weeks ago. It's nice to get it right once in a while...

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DaveMart on June 12, 2008 - 7:03am Permalink | Subthread | Parent | Comments top

I wonder how the costs would compare in generating electricity centrally and using air heat pumps to multiply it's heating efficiency to suing buried hyperion reactors and installing pipework to pump hot water to houses in co-gen?
It's apparent that the installed co-gen pipework in places like Holland will give them an enormous advantage compared to, say, the UK.

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108 comments on Book Review: Profit from the Peak

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