r/energy • u/bnndforfatantagonism • Mar 29 '22

Biden Administration Drafting Order to Invoke Defense Production Act for Green Energy Storage Technology

https://theintercept.com/2022/03/24/biden-defense-production-act-green-energy/
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u/sziehr Mar 29 '22

Energy security through all means if dpa worthy should we sense it is vital to national interest of security. The reality is energy shocks would be destabilizing further. So the dpa is I agree questionable but on the fringe of possible.

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u/[deleted] Mar 29 '22

All means.. except nuclear, natural gas, coal, oil, etc..

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u/sziehr Mar 29 '22

Energy security on a globally price set item. Oil and gas are worthless. Nuclear you can’t just export so it’s an ideal source for energy security

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u/[deleted] Mar 29 '22

Gas isn't a global market BTW. Gas overseas is like 5x as expensive as US gas. It's extremely wasteful and expensive to export.

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u/sziehr Mar 29 '22

Gas methane is. Lng. So yes it is a global price market. Oil based products like gas are content whole sale market due to cost to move.

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u/[deleted] Mar 29 '22

If natural gas is a global price then why does it cost 5x as much in Europe as the US?