23 Sep '13, 2pm

An Innovative Approach to Economic Diversification with a Healthy Dose of Solar in West Virginia

The first step in assessing job output from each potential IEP required a baseline density of natural gas wells within a reasonable distance from the site – 5 miles. Using natural gas wellhead data from the West Virginia Geologic and Economic Survey’s interactive online maps, an average production for each wellhead was evaluated based upon production between the years 2008 and 2012. Using .KMZ files pinpointing ten “AM active” and “A2 active, reclamation” surface coal mining sites across six West Virginia counties, natural gas wellhead data from the West Virginia Geological and Economic Survey’s interactive maps, and information from the gas generator suppliers, it was determined that around 13 wells on average would be able to supply our 10 MW natural gas facility (see Appendix B in report ). Our team found at least 60 active surface mining sites, all of which were in clo...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2013/09...

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How The Economic Machine Works

peakoil.com 23 Sep '13, 2am

The economy is like a machine. At the most fundamental level, Bridgewater’s Ray Dalio explains in this excellent video int...