Anatomy of Inefficiency

Waste and lost energy in generation, transmission, and use, is all too common the modern industrial economy. Imagine filling up a water glass and then dumping sixty percent of the contents before you took a drink. Or imagine scraping fifty per cent of the food off your plate each night before eating dinner. Would you be apalled at waste? I would.


Dan Denning

Dan Denning examines the geopolitical and economic events that can affect your investments domestically. He raises the questions you need to answer, in order to survive financially in these turbulent times.

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I think it’s important to clarify:

1. More than 50% of the *total energy* used to produce electricity is wasted.
2. Most of that is not electrical losses.

Actually, most of it is due to the fact that most electricity is generated from heat, and a heat engine necessarily has less than a 100% efficiency. The most efficient *legal/safe* nuclear plant in the US is about 38% efficient. No current turbine-driven power plant is more than 60% efficient at generating electricity.

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