Exporting Energy

Natural gas price is so low in North America. Yet, in South Asia, consumers are paying much higher price for it because of high demand and low supply. It is time for North American gas producers to take advantage of this opportunity aggressively.  Just liquefy the gas and send abroad. Liquefying plants should be built around port cities for shipments to South Asia, immediately after production. Shipbuilders need to come up with a new breed of ships to transport large volume of Liquefied Natural Gas and feed into the pipelines of importing countries.

Electricity demand is also rising rapidly in South Asia. The rate of construction of electricity generating plants simply is not enough to keep up with the demand. Building a hydro-electric plant requires massive infrastructure spending and loss of arable land which cuts into agriculture output. Coal and Natural Gas powered generating station need the fuel that many of South Asian are starving for. Wind and solar generators are really not practical solution. So we are left with nuclear energy.

Nuclear power stations need technical know how. Being concerned about nuclear proliferation, many developed countries are not willing to share the technology. How about selling electricity to the countries in need? Utility companies do often sell electricity beyond their boarders. Many North American companies have shops in foreign countries where they generate electricity and sell it to the consumers. Now it is time to go a step further. It is time to build floating power stations and generate electricity to sell it to the consumers in South Asia.

Let us stretch our imagination a little further and build some nuclear power stations aboard some giant ships. It will be quite easy to deploy those ships to the ports of any county that needs to purchase electricity from foreign source. Besides, our oceans ares vast source of energy. We can simultaneously generate electricity from wind, sun and ocean current on those ships. In terms of safety, it also safer to operate nuclear power station in a ship.If things get out of control like the Fukushima Daiichi plant, we can tug the ship to a remote location use the sea water to cool it down. If  it gets totally out of hand, we can always shoot it down and sink it.