Title : The Market, Energy, Poltical Page, Part 2, T+46 -- December 21, 2018
link : The Market, Energy, Poltical Page, Part 2, T+46 -- December 21, 2018
The Market, Energy, Poltical Page, Part 2, T+46 -- December 21, 2018
Hess: from The Williston Herald -- this will load as a pdf -- huge thanks to a reader -- I'll look for another link later ... here it is, at Natural Gas Intel ....https://bloximages.chicago2.vip.townnews.com/willistonherald.com/content/tncms/eedition/merged/ce100a89-5931-5b4a-b9af-54ecd51392ac-merged.pdf?_dc=1545365994.
Tipping point: the other day I suggested the "Yellow Vests" was the tipping point in Europe. That movie is yet to play out. We have probably only seen the "trailer." Now this from a reader this morning, from Ice Age Now -- Germany's green transition has a hit a brick wall. Let's see what "Robert" has to say. To much to quote, but well worth a read.
Data points: these are the data points from that "Germany has hit a wall...."
- $550 billion on wind, soar, and biofuel
- legal commitments: an additional $775 billion by 2022
-
- simple arithmetic: $550 billion + $775 billion = a big number followed by a lot of zeroes
- not dispatchable; killing the utility industry
- some days, makes to much electricity Germany sells it at a loss to France -- "load shedding"
- Germans pay France to take their electricity
- subsidies: solar/wind are paid (by German users) 90% of rated output whether or not their electricity is needed
- subsidies: conventional utilities also paid if forced to disconnect due to too much wind/solar energy
- other days, increased coal burned to make up the solar/wind deficit
- unlike the US, Germany has not reduced CO2 emissions in the last ten years
- Germany produces 27% of its annual power needs from wind/solar/biofuel
- and then this: if there is a stretch of several days (one to ten days -- although I would hardly call "one day" a stretch of several days -- LOL), Germany actually pays for electricity from French nuclear reactors, of they pay Poland for electricity form coal-powered plants (sort of reminds me of California getting their electricity from coal plants in Nevada
- Germany's wind/solar
-
- 27% of Germany's electricity consumption
- 5% of Germany's total energy needs
- Germany's electricity rates: among the highest in the world (they can afford this because their military / defense budget is paid for by the US)
Thus Article The Market, Energy, Poltical Page, Part 2, T+46 -- December 21, 2018
That's an article The Market, Energy, Poltical Page, Part 2, T+46 -- December 21, 2018 This time, hopefully can give benefits to all of you. well, see you in posting other articles.
You are now reading the article The Market, Energy, Poltical Page, Part 2, T+46 -- December 21, 2018 with the link address https://mylivemyidea.blogspot.com/2018/12/the-market-energy-poltical-page-part-2.html

0 Response to "The Market, Energy, Poltical Page, Part 2, T+46 -- December 21, 2018"
Post a Comment