Europe says they hate fossil fuels then beg for more fossil fuels even at high prices because they are scared of massive blackouts, their beloved wind solar are not producing enough power. Also a lesson for Biden "save the planet" agenda.
If people are serious about their planet agenda, they shd endure blackouts, no turning back begging for more fossil fuels esp at high prices. Double talk is easy.
UK experience: Until 1991, its coal power generation was 211 terawatt-hours (TWH). They started "decarbonizing" after that, coal generation down to 131.5 TWH in 2001, 108.4 TWH in 2011, and only 5.4 TWH in 2020.
Fast forward to Sept. 2021 -- begging for coal to avoid blackouts.
As of 2020 power generation in TWH: Germany, RE 232.4, coal 134.8; UK, RE 127.8, coal 5.4; Netherlands, RE 32.0, coal 8.8.
For the 3 countries mentioned, coal is the past, RE is the present. And frequent blackout is the future.
Enjoy these reports I encountered. Thanks again to Benny Peiser of The GWPF for his regular news clippings.
-----------------
Lack of windy weather over the past two weeks has cut output from 11,000 turbines, which account for more than 20% of power generation
18 SEPTEMBER 2021 - 11:26
https://www.businesslive.co.za/bd/world/europe/2021-09-18-becalmed-wind-energy-sector-has-uk-turning-to-coal/
Column: Looming European energy crisis: A lesson in averages that won’t soon be forgotten
Terry Etam September 21, 20216:25 AM
https://boereport.com/2021/09/21/column-looming-european-energy-crisis-a-lesson-in-averages-that-wont-soon-be-forgotten/
The current poster child for the issue is Great Britain. The UK has 24 GW of wind power installed. The media loves to talk about total renewable GW installed as proof of progress, and the blindingly rapid pace of the energy transition.
However over the past few weeks wind dropped almost to zero, and output from that 24 GW of installed capacity fell to about 1 or 2 GW.
Ordinarily, that would be no problem – just fire up the gas fired power plants, or import power from elsewhere.
But what happens when that isn’t available?
Factbox: Europe grapples with surging power and gas prices
September 23, 2021 9:38 PM PST
https://www.reuters.com/business/energy/europe-tries-soften-blow-surging-power-gas-prices-2021-09-22/
Benchmark European gas prices have surged around 250% this year due to low stock levels, high demand in Asia, high carbon prices and outages.
Governments across Europe are coming under pressure to curb energy bills to help families and small businesses as economies slowly emerge from the coronavirus pandemic.
Global energy production, consumption, inventories and prices: Selected indicators
JOHN KEMP, REUTERS 24 Sep 2021
https://fingfx.thomsonreuters.com/gfx/ce/jnpweykajpw/GLOBAL%20ENERGY%20PRICES.pdf
Europe's energy crisis: A switch back to coal is on the cards
UK among nations facing a ‘bleak winter’ with consumers at risk of being unable to heat their homes
Alice Haine Sep 24, 2021
https://www.thenationalnews.com/business/energy/2021/09/24/europes-energy-crisis-a-switch-back-to-coal-is-on-the-cards/
By Isis Almeida, Javier Blas, and Anna Shiryaevskaya. September 25, 2021, 2:16 AM GMT+8
https://www.bloomberg.com/news/articles/2021-09-24/starved-of-gas-european-electricity-producers-snap-up-coal
Column: Worldwide energy shortage shows up in surging
coal, gas and oil prices
By John Kemp September 25, 2021 12:27 AM PST
https://www.reuters.com/business/energy/worldwide-energy-shortage-shows-up-surging-coal-gas-oil-prices-kemp-2021-09-24/
Gasflation
SUNDAY, SEP 26, 2021 - 02:00 PM
By Ryan Fitzmaurice, Senior Commodity Strategist, Elwin de Groot, Head of Macro Strategy and Hugo Erken, Head RR Economic Scenarios & Projections at Rabobank
https://www.zerohedge.com/commodities/gasflation
“Everything is energy and that's all there is to it. Match the frequency of the reality you want and you cannot help but get that reality […]” — Albert Einstein
“Jumpin’ Jack Flash, it’s a gas, gas, gas” — Rolling Stones
Looking at the big picture, the recent move in global natural gas prices is a long time in the making, and structurally higher natural gas prices are likely here to stay.
Power costs could force metal producers from Europe - Eurometaux
September 27, 2021 7:02 PM PST
https://www.reuters.com/world/europe/power-costs-could-force-metal-producers-europe-eurometaux-2021-09-27/
"Rising electricity prices have already led to curtailments and could lead to further relocation of our sector outside Europe if not addressed," said the letter from Eurometaux addressed to Kadri Simson, European Commissioner for Energy.
Climate Policy Meets Cold Reality in Europe
The rush to renewables causes severe energy price spikes and shortages. Biden’s policies would do the same in the U.S.
By Allysia Finley Sept. 27, 2021 12:40 pm ET
https://www.wsj.com/articles/climate-policy-reality-europe-energy-costs-gas-coal-11632754849
But renewables don’t provide reliable power around the clock, and wind power this summer has waned across Europe and in the U.K., forcing them to turn to gas and coal for backup power. Yet demand for these fossil fuels is also surging across Asia and South America, where drought has crimped hydropower.
Greenie energy leaves Europe in the cold — the freezing cold
By Monica Showalter September 28, 2021
https://www.americanthinker.com/blog/2021/09/greenie_energy_leaves_europe_in_the_cold__the_freezing_cold.html
After going green and shutting down its coal, fossil fuel, fracking, and nuclear energy production, and feeling mighty virtuous for doing it, Europe is now going cold — freezing cold. The region faces a bad winter ahead with energy shortages across the board. Seems green energy can do everything to make a lefty European feel good except produce the actual energy.
Renewable energy output drops almost a third
Financial Times, 29 September 2021
https://www.ft.com/content/59c5459e-d542-44a7-86f0-a35d183d99b0
Biden’s Energy Price Shock
His policies are already contributing to global oil supply shortages.
By The Editorial Board Updated Sept. 30, 2021 2:37 pm ET
https://www.wsj.com/articles/joe-bidens-energy-price-shock-oil-gas-opec-shortage-11632950693
Europe asking Russia for more coal to survive winter energy crunch
Bloomberg, 30 September 2021
https://www.bloomberg.com/news/articles/2021-09-30/europe-asking-russia-for-more-coal-is-set-for-disappointment
The Looming Energy Crisis: People Are Going To Die This Winter
BILL BLAIN SEPTEMBER 30, 2021
https://morningporridge.com/blog/blains-morning-porridge/the-looming-energy-crisis-people-are-going-to-die-this-winter/
Make no mistake, this winter is going to be shocking. Be aware.
Five Things to Read:
Guardian – China Energy Crisis: Factory activity declines as Energy Crisis hits home.
Torygraph – UK Gas Prices Hit New High
BBerg – Europe’s Energy Crisis is Coming for Rest of World Too
Guardian – What has caused UK energy crisis?
Forbes – What a modern energy crisis looks like, and why no country is safe.
EDITORIAL: Renewable power fuels Europe’s energy crisis
Las Vegas Review-Journal October 3, 2021 - 9:00 pm
https://www.reviewjournal.com/opinion/editorials/editorial-renewable-power-fuels-europes-energy-crisis-2452619/
More News On The Progress Toward Eliminating Fossil Fuels
October 03, 2021/ Francis Menton
https://www.manhattancontrarian.com/blog/2021-10-3-more-news-on-the-road-to-eliminating-fossil-fuels
Energy price crunch risks derailing UN climate talks, Iberdrola warns
By Kira Taylor | EURACTIV.com Oct 4, 2021
https://www.euractiv.com/section/energy/news/energy-price-crunch-risks-derailing-un-climate-talks-iberdrola-warns/
Europe Seeing Renaissance in Coal Power Generation, but There Is Limited Room for Switch From Gas
By:Yakov Grabar Oct 4, 2021, 19:52 GMT+8
https://www.fxempire.com/forecasts/article/europe-seeing-renaissance-in-coal-power-generation-but-there-is-limited-room-for-switch-from-gas-784029
Gas price surges to a record high in Europe on supply concerns
Chloe Taylor TUE, OCT 5 20219:22 AM EDT
https://www.cnbc.com/2021/10/05/gas-price-surges-to-a-record-high-in-europe-on-supply-concerns-.html
November contracts at the Dutch TTF hub — a European benchmark for natural gas — were trading at around 118 euros per megawatt hour (MWH) just after midday in London.
The front-month contract has risen almost 400% since the start of the year.
Several British energy suppliers have collapsed amid the gas price crisis. September alone reportedly saw nine companies cease trading.
Britain faces bleak winter of soaring energy costs: Gas prices rise by 37% TODAY pushing more firms to brink of collapse, National Grid boss warns of electricity shortages and experts predict bills will soar to £1,700 a year
By MARTIN ROBINSON, CHIEF REPORTER and JAMES TAPSFIELD, POLITICAL EDITOR and JACK WRIGHT FOR MAILONLINE
PUBLISHED: 07:35 BST, 6 October 2021 | UPDATED: 00:37 BST, 7 October 2021
Britain is facing a bleak winter of soaring energy costs, with gas prices rising by a staggering 37 % in one day
The price of gas reached 400p per therm - the first time it has reached that level - and is up 600% in 2021
Families face paying £1,700 more for energy in April and an extra £1,800 for other essentials by Christmas
National Grid's chief executive John Pettigrew said UK will face tighter electricity supplies this winter
UK industry could face shutdowns as wholesale gas price hits record high
Steel, chemicals and fertiliser industries warn of difficult winter unless government takes emergency action
Rob Davies and Joanna Partridge Wed 6 Oct 2021 19.00 BST
https://www.theguardian.com/business/2021/oct/06/uk-industry-could-face-shutdowns-as-wholesale-gas-price-hits-record-high
EU Spooked by Energy Prices Running Wild
By John Ainger October 7, 2021, 1:05 PM GMT+8
https://www.bloomberg.com/news/newsletters/2021-10-07/eu-spooked-by-energy-prices-running-wild
Greater risk of blackouts this winter, Britons are warned
7 October 2021
https://www.telegraph.co.uk/business/2021/10/07/greater-risk-blackouts-winter-national-grid-warns/
Matt Ridley: China is using the climate as a bargaining chip
The Spectator, 9 October 2021
https://www.spectator.co.uk/article/china-is-using-the-climate-as-a-bargaining-chip
---------------
See also:
Energy 153, High natgas and coal prices, September 10, 2021
Energy 154, Europe rising energy prices, blackout threats, 31 reports, September 21, 2021
Energy 155, IEA flip-flop on oil and gas, Germany's high power prices and blackout, September 24, 2021.
No comments:
Post a Comment