P2P Foundation's blog

Researching, documenting and promoting peer to peer practices


    Sites/Publications


    Bookmarks

    More in Diigo »

    Books


    Free Software, Free Society

    Community


Admin


Featured Book

“Stop, Thief!” – Peter Linebaugh's New Collection of Essays


Open Calls


Mailing List

Subscribe

Translate

  • Recent Comments:

    • Michel Bauwens: do you have any data or sources to underpin such serious accusations ?

    • Joe L. Jordan: UBER is a bunch of crooks running a racket. Their insurance is bogus and has never paid off on a single claim. Drivers are canned...

    • @mikeriddell62: A universally accepted IOU that is earned into existence for protecting the common good, would counter-balance the wasteful...

    • Patrick Anderson: How important is the price of using these shared vehicles? If price is not important, then why not just use regular rental...

    • Apostolis Xekoukoulotakis: I am quite disappointed by the intellectual integrity of both reviewers ,Marvin Brown and Charles Andrews and this is...

Proposal for a Global Natural Energy Grid based on least carbon cost instead of least $ cost

photo of Michel Bauwens

Michel Bauwens
8th September 2013


“The key point which shines through is the need for a globally linked but decentralised Natural Grid as an outcome of least energy cost policies, rather than the centralised and wasteful (and pretty toxic) National Grids which result from least $ cost policies. In a nutshell we need to keep score in energy not $, € and £, whatever those symbols are or represent”.

Excerpted from Chris Cook:

“The Danes have since 1973 taken as a basis for their energy strategy the underlying principle of the least carbon fuel into their energy system for a given output of electricity, heat or power. This variation on a least energy cost policy is of course almost invariably in conflict with what may be the ‘least $ cost’ solutions available. The outcome of this energy strategy and policies has been that since 1980 Danish GDP has risen (in DK terms) by 78% while their energy use has been stable, and their carbon fuel use has declined significantly…..and as a bonus little Denmark (6 million souls) now has the biggest wind turbine manufacturer in the world, and the greatest body of heat engineering expertise.

The point I am getting to is that it is actually possible – through using a simple prepay (unit returnable in payment for value received) instrument for carbon fuel – to monetise the intrinsically valuable energy content of carbon rather than the intrinsically worthless (other than as a specialised chemical) $ value of CO2.

On a ‘top down’ and macro scale I have been saying to the Iranians in particular that they (and every other producer and consumer nation) should concentrate their efforts on prospecting and producing oil and gas savings. I have been in Tehran and Baku recently in respect of the development of domestic and regional financial markets in gas and power using a clearing union architecture and prepay instruments.

If you network micro/meso then the result is resilient macro and the other ‘bottom up’ focus of my work has therefore been a new generation of community investment in energy savings.

Firstly, direct investment can be made in the cheapest carbon energy of all – nega barrels and nega therms of heat savings, ideally at decentralised local level (as the Danes do) but using a Community Green Deal framework and instrument.

Secondly, through prepayment for bio-gas and electricity it is possible to fund what are literally rural markets in bullshit and energy derived from it.

The key point which shines through is the need for a globally linked but decentralised Natural Grid as an outcome of least energy cost policies, rather than the centralised and wasteful (and pretty toxic) National Grids which result from least $ cost policies.

In a nutshell we need to keep score in energy not $, € and £, whatever those symbols are or represent.

I shall, when I have time to do it justice, return to this subject of accounting/keeping score by way of a follow up to the Chiralkine debate/inquisition which I kicked off the other day, and which appears now to be generating more heat than light….although it has IMHO shone a great deal of light in some interesting places.”

FacebookTwitterGoogle+RedditShare

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>