August 5 Energy News
Opinion:
¶ “Nuclear Power Is Losing Money At An Astonishing Rate” • Half of the existing nuclear power plants are no longer profitable. The New York Times and others have tried to blame renewable energy, but the admittedly astounding price drops of renewables aren’t the primary cause of the industry’s woes. [ThinkProgress]
Cooling towers. Shutterstock image.
Science and Technology:
¶ In a new research study from Argonne National Laboratory and the University of Illinois at Chicago, scientists developed an artificial leaf that uses solar power to transform CO2 into a fuel source. The leaf mimics the process of photosynthesis that occurs naturally in plants, but converts CO2 into syngas, a fuel. [Treehugger]
¶ North Sea hydrocarbon reserves are being depleted, and many hundreds of oil and gas rigs are approaching the end of their productive lives. At the current low oil price, one-third of oil fields…
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