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(edited)

On 8/28/2021 at 3:39 PM, Jay McKinsey said:

What you fossils can't comprehend is that we have gone to great effort to build a regional renewable electricity market. 

How it works

The EIM allows participants to buy and sell power close to the time electricity is consumed, and gives system operators real-time visibility across neighboring grids. The result improves balancing supply and demand at a lower cost.

The EIM platform balances fluctuations in supply and demand by automatically finding lower-cost resources to meet real-time power needs. The EIM manages congestion on transmission lines to maintain grid reliability and supports integrating renewable resources. In addition, the market makes excess renewable energy available to participating utilities at low cost rather than turning the generating units off.

More specifically, regional coordination in generating and delivering energy produces significant benefits in three main areas:

  • Reduced costs for participants by lowering the amount of costly reserves utilities need to carry, and more efficient use of the regional transmission system.
  • Reduced carbon emission and more efficient use and integration of renewable energy. For instance, when one utility area has excess hydroelectric, solar or wind power, the ISO can deliver it to customers in California or to another participant. Likewise, when the ISO has excess solar energy, it can help meet demand outside of California that otherwise would be met by more expensive – and less clean – energy resources.
  • Enhanced reliability by increasing operational visibility across electricity grids, and improving the ability to manage transmission line congestion across the region’s high-voltage transmission system.

image.thumb.png.7c40c0db685e9c934b41e435d0829a28.png

Whatever you say,

https://www.theguardian.com/us-news/2021/jun/24/california-drought-hydropower-fossil-fuels

This is going to happen more and more as you clowns keep pushing for more intermittent garbage that cant keep up, even with battery storage. 

Nuclear or geothermal is your only real options going forward since hydroelectricity isn't an option for you NIMBYs. 

Once the 20:1 subsidies vs O&G dry up, we'll see what you're left with. 

This was from 5 years ago!! Imagine how bad the disparity is now!? 

image.png.3581ab28ba6ac55d238c413ff45fa12f.png

https://news.climate.columbia.edu/2019/09/23/energy-subsidies-renewables-fossil-fuels/

Edited by QuarterCenturyVet
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(edited)

1 hour ago, QuarterCenturyVet said:

 

This is going to happen more and more as you clowns keep pushing for more intermittent garbage that cant keep up, even with battery storage. 

 

 

What is going to happen more and more? Nothing has happened except a drought that is not being caused by our move to renewables and we had to add some small, quick, fossil resources in the short term to make up some of what we lost when that CCGT plant exploded. https://www.ktvu.com/news/plant-explosion-sends-heavy-metal-and-shrapnel-flying-in-hayward-cause-unknown

Edited by Jay McKinsey
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(edited)

1 hour ago, Jay McKinsey said:

What is going to happen more and more? Nothing has happened except a drought that is not being caused by our move to renewables and we had to add some small, quick, fossil resources in the short term to make up some of what we lost when that CCGT plant exploded. https://www.ktvu.com/news/plant-explosion-sends-heavy-metal-and-shrapnel-flying-in-hayward-cause-unknown

The drought isn't being caused by anything except the sun, my chicken-little brained friend. Well, that and California has exhibited horrible water management, forest management, land management and energy management for decades. 👍

What's going to happen is, once you move to full renewable energy generation, installed capacity will have to explode in scope, which will just end up needing CCGT to even out the intermittent generation. If only you clowns didn't shut down about 2200mw of clean nuclear power a few years ago. Dumb. 

You should be happy about a CCGT plant failure. It's what you've always wanted anyway.

You're just backing the wrong horse. 

I'm telling you something you need to hear. I understand you're fully invested in solar and wind. I get it. I've spent 25 years in an industry you want destroyed. I want to see everyone with prolific electricity for generations. Nuclear and geothermal is how we do it. Natural Gas is how we bridge the gap properly. Simple. 

Edited by QuarterCenturyVet
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11 minutes ago, QuarterCenturyVet said:

 

What's going to happen is, once you move to full renewable energy generation, installed capacity will have to explode in scope, which will just end up needing CCGT to even out the intermittent generation. If only you clowns didn't shut down about 2200mw of clean nuclear power a few years ago. Dumb. 

You should be happy about a CCGT plant failure. It's what you've always wanted anyway.

 

You just can't come to grips with the fact that batteries have solved most of the intermittency problem and other storage mechanisms will solve what is left over.

So nothing is going to happen except that we expand renewables until we have enough. Simple.

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31 minutes ago, Jay McKinsey said:

You just can't come to grips with the fact that batteries have solved most of the intermittency problem and other storage mechanisms will solve what is left over.

So nothing is going to happen except that we expand renewables until we have enough. Simple.

Batteries aren't gonna do it all. Sorry. You'll have to install 3x the capacity to supply enough electricity for your electric fantasy and that still wont be enough to power the grid and charge batteries. 

Nuclear & geothermal bud. That's the only way forward. NG to bridge it. Simple. 

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8 hours ago, Jay McKinsey said:

If you could focus long enough to follow a conversation and context I think even you could figure out that it is California.

No, I do not have extra-sensory perception....identify the chart, please.

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(edited)

Oil production is headed up and up going forward...why? because it makes sense.

https://oilprice.com/Energy/Crude-Oil/Emerging-Economies-Deserve-A-Chance-At-Oil-Riches-Too.html

"With several new oil discoveries across Latin America, the Caribbean, and Africa now being developed, experts highlight the ongoing demand for oil in countries with rapidly growing populations, particularly in Asia, which is expected to account for around 90 percent of global oil demand growth through 2025.   

An article in Al Jazeera from earlier this year highlighted the $300 billion a year spent on maintaining low fossil-fuel prices, to stave off civil unrest and prop up their economies. As many developing countries continue their efforts to recover from pandemic-related economic challenges, struggling with unemployment, inflation, and poverty, industries relying on fossil fuels to survive and low gasoline prices for the public are key concerns for governments. 

The Purdue University’s Center for Global Trade Analysis suggests that allowing the market to dictate fuel prices would reduce global greenhouse gas emissions by up to 3.2% by 2030. However, after decades of fossil fuel reliance driven by the developed world, allowing countries in North America and Europe to grow their economies throughout the black gold boom and beyond, a sudden movement away from fossil fuels while demand is still there, as well as a laissez-faire approach to rising oil prices, would be highly hypocritical. "

Edited by Ecocharger

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(edited)

1 hour ago, Jay McKinsey said:

Look at that! 1.377GW of discharge! The only place in the world that can currently do that is California! 

image.thumb.png.cec70045f823d247a4226a7782a1afb8.png

http://www.caiso.com/TodaysOutlook/Pages/supply.html

You mean that place with all the forest fires, and brush not cleared away from transmission lines? When will they get to work fixing those right-of-ways to prevent forest fires?

Here are the states most dependent on fossil fuels.

State

Rank

Percentage of energy derived from fossil fuels

Percentage of energy derived from renewables

Total energy consumed from fossil fuels (trillion BTU)

Total energy consumed from renewables (trillion BTU)

Largest fossil fuel source

 

Delaware

    1

    96.4%

3.6%

213.1

8.0

Petroleum

Alaska

    2

    95.9%

4.1%

584.8

25.0

Natural Gas

West Virginia

    3

    95.4%

4.6%

1,103.3

53.7

Coal

Rhode Island

    4

    95.0%

5.0%

189.1

10.0

Natural Gas

Kentucky

    5

    94.1%

5.9%

1,616.5

102.1

Coal

Wyoming

    6

    93.5%

6.5%

793.2

54.9

Coal

Indiana

    7

    93.4%

6.6%

2,617.2

185.9

Coal

Utah

    8

    93.1%

6.9%

830.0

61.3

Petroleum

Louisiana

    9

    92.1%

3.7%

3,895.5

155.0

Petroleum

Texas

    10

    89.9%

7.1%

12,752.3

1,009.0

Petroleum

Ohio

    11

    89.7%

4.7%

3,040.2

158.6

Natural Gas

Hawaii

    12

    89.4%

10.6%

261.8

31.1

Petroleum

Colorado

    13

    88.8%

11.2%

1,305.1

164.6

Natural Gas

Mississippi

    14

    88.2%

6.1%

1,116.6

76.8

Natural Gas

Missouri

    15

    88.0%

5.9%

1,608.7

108.5

Coal

United States

    –

    80.5%

11.2%

81,238.0

11,281.6

Petroleum

 

Edited by Ecocharger

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(edited)

16 minutes ago, Ecocharger said:

You mean that place with all the forest fires, and brush not cleared away from transmission lines? When will they get to work fixing those right-of-ways to prevent forest fires?

PG&E has finally been put in the enhanced oversight and enforcement process. Personally I think they have already abused their privilege and should be taken over by the state. California's big mistake has been allowing for profit companies run our utilities.

The California Public Utilities Commission has taken action against Pacific Gas and Electric Company (PG&E) for failing to prioritize tree trimming around electric lines in high wildfire danger zones.

In a unanimous vote Thursday, the Commission placed PG&E into step one of the enhanced oversight and enforcement process, giving the utility until May 5 to come up with a Corrective Action Plan.

The process has six steps, triggered by specific events, which if all reached, would result in PG&E losing its license and the state taking over the utility.

In this case, the CPUC’s Wildfire Safety Division said the company failed to focus its vegetation management around the highest-risk power lines in 2020. Instead, it trimmed trees near lower risk ones, based on the company’s own risk rankings.

https://www.ktvu.com/news/california-intensifies-pge-oversight-for-tree-trimming-failures

 

Edited by Jay McKinsey

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5 hours ago, Jay McKinsey said:

You just can't come to grips with the fact that batteries have solved most of the intermittency problem and other storage mechanisms will solve what is left over.

So nothing is going to happen except that we expand renewables until we have enough. Simple.

there is nothing wrong being passionate in a course, for greater good. Putting this effort the right way, for the right reason, would produce game changing energy desired.

However............... You might have missed some information earlier:

1. global country-wide lock down has caused temporary global cooling. Unusually cold weather has been recorded over a period of more than one and a half year over some regions near the equator........ Lowest temperature recorded reaching 16'c and below, while it should be 24'c to 38'c on average. Severe frost in France was pointed to low factory and city activities during lock down.

While energy supplying sector is still functioning during lock down and most of them using fossil fuel, hydro and nuclear, we can deduce that global warming is not caused by the massive burning of fossil fuel to generate massive amount of electricity........

Therefore, replacing renewable hastily with fossil fuel in this sector is deemed inappropriate. Besides the technologies being not really efficient enough in temperate areas (10-15% average efficiency in Germany), taking up much space, might be harmful to the natural ecology or biodiversity, the costs incurred might be burdensome to the users.

There is a need to take a step back for more matured or readied technology evolution.

Blind rush towards what has been existing for more than 50 or 60 years, yet still not popular, might cause repeated problems faced 50 or 60 years earlier?

 

2. Human activities like construction, roads congestion, factory activities related to construction, offices, businesses etc are reduced or halted during lock down.

Cities have been deemed the way forward since ancient civilization. There, we have opportunities to improve living standard, condition, in terms of job opportunities, sanitation, education, facilities, reduce poverty etc. "Cities are born in a blink of a blast" might have been the latest description on the rate of development. The main reason, sadly, might not be driven by demand, but by potential profit.

Was involved in preparing a draft project lay out and costing sheet over a 20 acres camping plan. I designed 3 mansions of 3 or 4 cultural influence - thematic activity and lodging areas with the cost of best material in placed (good wood, stones, etc) and max cost of labour etc. The costs of one mansion of 20 000 sq ft  is roughly $50k. ROI in 3 to 5 years with $50 per night per mansion, with low seasons omitted in the calculation. Judging from these info, if the selling price of a mansion is 250k or more and booking fee $200 per night, we can conclude that this area is highly profitable........ That's why they are building more and more, faster and faster, disregard the demand and potential stagnancy in the market.

In other words, by having tighter control over uncountable numbers of development projects might be the key remediation that could see immediate effect?

image.png.0ba91ff5a9577cf29f99f5096b1688b9.png

war lords of the world................ Cautious with what we are told..........

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(edited)

15 hours ago, Jay McKinsey said:

What is going to happen more and more? Nothing has happened except a drought that is not being caused by our move to renewables and we had to add some small, quick, fossil resources in the short term to make up some of what we lost when that CCGT plant exploded. https://www.ktvu.com/news/plant-explosion-sends-heavy-metal-and-shrapnel-flying-in-hayward-cause-unknown

That appears to be a failure resulting from a periodic overspeed test of the steam turbine.  Or the steam turbine's generator breaker was opened with steam flow still being admitted (such as by "stuck" steam valves).  Those failures are normally contained in the casings.

Could also be from a rotor forging failure.  Typically THOSE failures produce missiles.

Never stand to the sides of the machine during overspeed testing.

Edited by turbguy
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(edited)

11 hours ago, specinho said:

there is nothing wrong being passionate in a course, for greater good. Putting this effort the right way, for the right reason, would produce game changing energy desired.

 

However............... You might have missed some information earlier:

1. global country-wide lock down has caused temporary global cooling. Unusually cold weather has been recorded over a period of more than one and a half year over some regions near the equator........ Lowest temperature recorded reaching 16'c and below, while it should be 24'c to 38'c on average. Severe frost in France was pointed to low factory and city activities during lock down.

While energy supplying sector is still functioning during lock down and most of them using fossil fuel, hydro and nuclear, we can deduce that global warming is not caused by the massive burning of fossil fuel to generate massive amount of electricity........

Therefore, replacing renewable hastily with fossil fuel in this sector is deemed inappropriate. Besides the technologies being not really efficient enough in temperate areas (10-15% average efficiency in Germany), taking up much space, might be harmful to the natural ecology or biodiversity, the costs incurred might be burdensome to the users.

 

 

There is a need to take a step back for more matured or readied technology evolution.

Blind rush towards what has been existing for more than 50 or 60 years, yet still not popular, might cause repeated problems faced 50 or 60 years earlier?

 

2. Human activities like construction, roads congestion, factory activities related to construction, offices, businesses etc are reduced or halted during lock down.

Cities have been deemed the way forward since ancient civilization. There, we have opportunities to improve living standard, condition, in terms of job opportunities, sanitation, education, facilities, reduce poverty etc. "Cities are born in a blink of a blast" might have been the latest description on the rate of development. The main reason, sadly, might not be driven by demand, but by potential profit.

Was involved in preparing a draft project lay out and costing sheet over a 20 acres camping plan. I designed 3 mansions of 3 or 4 cultural influence - thematic activity and lodging areas with the cost of best material in placed (good wood, stones, etc) and max cost of labour etc. The costs of one mansion of 20 000 sq ft  is roughly $50k. ROI in 3 to 5 years with $50 per night per mansion, with low seasons omitted in the calculation. Judging from these info, if the selling price of a mansion is 250k or more and booking fee $200 per night, we can conclude that this area is highly profitable........ That's why they are building more and more, faster and faster, disregard the demand and potential stagnancy in the market.

In other words, by having tighter control over uncountable numbers of development projects might be the key remediation that could see immediate effect?

image.png.0ba91ff5a9577cf29f99f5096b1688b9.png

war lords of the world................ Cautious with what we are told..........

 

The actual picture is much larger than any here really acknowledge.

Wherever Homo Sapiens has tread, we have been inherently bad news for living things (including US)!

We are a species that is capable of discerning the deepest secrets of the heavens...

...while at the same time, pounding into extinction...

...frequently for no purpose AT ALL...

...living things that have never done us any harm.

As Edward O. Wilson expressed it so briefly:

"ONE PLANET, ONE EXPERIMENT"

...and we only at the beginning!  The real issue is to avoid the "end".

THAT will take more than blind luck. 

Edited by turbguy

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11 hours ago, Jay McKinsey said:

PG&E has finally been put in the enhanced oversight and enforcement process. Personally I think they have already abused their privilege and should be taken over by the state. California's big mistake has been allowing for profit companies run our utilities.

The California Public Utilities Commission has taken action against Pacific Gas and Electric Company (PG&E) for failing to prioritize tree trimming around electric lines in high wildfire danger zones.

In a unanimous vote Thursday, the Commission placed PG&E into step one of the enhanced oversight and enforcement process, giving the utility until May 5 to come up with a Corrective Action Plan.

The process has six steps, triggered by specific events, which if all reached, would result in PG&E losing its license and the state taking over the utility.

In this case, the CPUC’s Wildfire Safety Division said the company failed to focus its vegetation management around the highest-risk power lines in 2020. Instead, it trimmed trees near lower risk ones, based on the company’s own risk rankings.

https://www.ktvu.com/news/california-intensifies-pge-oversight-for-tree-trimming-failures

 

California's problems are much more than just socialism, bud. You guys are a net drain on everything around you. From electricity to water and illegal immigrants to cartel drugs. 

You need desalination and nuclear energy. Full stop. 

https://phys.org/news/2021-08-year-drought-west-desalination-solution.html

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2 hours ago, QuarterCenturyVet said:

California's problems are much more than just socialism, bud. You guys are a net drain on everything around you. From electricity to water and illegal immigrants to cartel drugs. 

You need desalination and nuclear energy. Full stop. 

https://phys.org/news/2021-08-year-drought-west-desalination-solution.html

Remind us again what irrelevant backwater province you live in? 

image.png.041ae64246f7d170c2c7ecab00b754e4.png

https://en.wikipedia.org/wiki/Comparison_between_U.S._states_and_sovereign_states_by_GDP

Edited by Jay McKinsey

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(edited)

Guess what won overall speed trials in Wyoming?

Just sayin'...

https://oilcity.news/community/2021/08/30/tesla-fastest-car-in-cross-roads-of-wyoming-speed-trials-saturday/

ICE's, not even close!  I would think that 4800' has an effect...

(Shoshoni, WY) – At 95 MPH, Patrick Lawson’s 2019 Tesla was the fastest vehicle overall at the August 28th “Show Down in the Fast Lane” speed trials. Josh Gollnick also crossed the 90 MPH line with a top speed of 91 in a 1977 Chevrolet Nova.

Edited by turbguy
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14 hours ago, Ecocharger said:

You mean that place with all the forest fires, and brush not cleared away from transmission lines? When will they get to work fixing those right-of-ways to prevent forest fires?

Here are the states most dependent on fossil fuels.

State

Rank

Percentage of energy derived from fossil fuels

Percentage of energy derived from renewables

Total energy consumed from fossil fuels (trillion BTU)

Total energy consumed from renewables (trillion BTU)

Largest fossil fuel source

 

Delaware

    1

    96.4%

3.6%

213.1

8.0

Petroleum

Alaska

    2

    95.9%

4.1%

584.8

25.0

Natural Gas

West Virginia

    3

    95.4%

4.6%

1,103.3

53.7

Coal

Rhode Island

    4

    95.0%

5.0%

189.1

10.0

Natural Gas

Kentucky

    5

    94.1%

5.9%

1,616.5

102.1

Coal

Wyoming

    6

    93.5%

6.5%

793.2

54.9

Coal

Indiana

    7

    93.4%

6.6%

2,617.2

185.9

Coal

Utah

    8

    93.1%

6.9%

830.0

61.3

Petroleum

Louisiana

    9

    92.1%

3.7%

3,895.5

155.0

Petroleum

Texas

    10

    89.9%

7.1%

12,752.3

1,009.0

Petroleum

Ohio

    11

    89.7%

4.7%

3,040.2

158.6

Natural Gas

Hawaii

    12

    89.4%

10.6%

261.8

31.1

Petroleum

Colorado

    13

    88.8%

11.2%

1,305.1

164.6

Natural Gas

Mississippi

    14

    88.2%

6.1%

1,116.6

76.8

Natural Gas

Missouri

    15

    88.0%

5.9%

1,608.7

108.5

Coal

United States

    –

    80.5%

11.2%

81,238.0

11,281.6

Petroleum

 

I think this chart is somewhat more revealing.  Coal usage down to 1960's level (probably higher in 2021 though).  That's before PRB was even thought about!!

Clipboard01.jpg

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1 hour ago, Jay McKinsey said:

Remind us again what irrelevant backwater province you live in? 

image.png.041ae64246f7d170c2c7ecab00b754e4.png

https://en.wikipedia.org/wiki/Comparison_between_U.S._states_and_sovereign_states_by_GDP

Lol. The old GDP argument again? 

I'll stack my province of 4.4M ($334B GDP)  people against any of your disgusting cities with up to 4.5M people. 

https://www.statista.com/statistics/577560/gdp-of-alberta-canada/#:~:text=In 2019%2C Alberta's GDP was 334.17 billion chained 2012 Canadian dollars.

Metro Toronto for instance, with 6.5M people: $332B GDP https://torontoglobal.ca/Discover-Toronto-region/Toronto-region-quick-facts#:~:text=A CDN%24332 billion economy

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(edited)

1 hour ago, QuarterCenturyVet said:

Lol. The old GDP argument again? 

I'll stack my province of 4.4M ($334B GDP)  people against any of your disgusting cities with up to 4.5M people. 

https://www.statista.com/statistics/577560/gdp-of-alberta-canada/#:~:text=In 2019%2C Alberta's GDP was 334.17 billion chained 2012 Canadian dollars.

Metro Toronto for instance, with 6.5M people: $332B GDP https://torontoglobal.ca/Discover-Toronto-region/Toronto-region-quick-facts#:~:text=A CDN%24332 billion economy

Toronto is in Alberta? I think you need a lesson in geography.

Stack away (oh and don't forget to adjust your GDP down 21% for your discount dollars).

I will put the San Jose metro area with only 2M people and GDP of $335B USD on the table. Great weather, beautiful mountains, redwood forests, dramatic ocean, all minutes away.

https://fred.stlouisfed.org/series/NGMP41940

https://censusreporter.org/profiles/31000US41940-san-jose-sunnyvale-santa-clara-ca-metro-area/

We build the technology that delivers the future. You dig oil out of the ground. What are you going to do when EV's destroy the demand for oil in the next couple decades? Oh I know, you can install wind turbines all across the prairie and build HVDC lines right to California. Enjoy the disruption.

 

Edited by Jay McKinsey

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(edited)

On 8/29/2021 at 8:48 PM, Jay McKinsey said:

You just can't come to grips with the fact that batteries have solved most of the intermittency problem and other storage mechanisms will solve what is left over.

So nothing is going to happen except that we expand renewables until we have enough. Simple.

Not at all, the real stop-gap is still going to be good old coal.

https://oilprice.com/Energy/Coal/Which-Countries-Are-Still-Selling-Coal-To-China.html

" India purchased a record amount of Australian thermal coal. South Korea, Japan, and Taiwan also bought increased amounts of the cheap Australian thermal coal, which was suddenly far more affordable than its South African counterpart of a similar grade. These disruptions are continuing to ripple through global supply chains. “Global trade flows will be self-adjusting with Australian coal flowing to Indian and European markets and South African and Colombian sources coming into China,” Winston Han, chief analyst from China Coal Transportation and Distribution Association, was recently quoted by Reuters.

Thermal coal importers were not the only beneficiaries of the spat between China and Australia. “The ban has also benefited coal exporters in Indonesia, Mongolia and Russia as China’s buyers switched suppliers, according to the latest Chinese customs data,” Reuters reported, noting that Indonesian coal miners inked a $1.5 billion supply deal with China in November 2020. The United States, Canada, and Russia, have also reaped the benefits of China's increased appetite for high-quality metallurgical coal outside of Australia. China has had to pay a premium for this kind of coal used in the steelmaking process, as U.S. coal is more expensive and incurs higher shipping costs. 

This scramble for coal market share is taking place at a time when experts are imploring world leaders and industry executives to leave coal in the ground. Just this month, U.N. Secretary General António Guterres introduced the latest Intergovernmental Panel on Climate Change report as a “code red for humanity” that must sound as a “death knell for coal.” But while we have reached the point of no return for global warming, the coal trade and consumption in China shows that coal will not be stamped out overnight. "

Edited by Ecocharger

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7 hours ago, turbguy said:

Guess what won overall speed trials in Wyoming?

Just sayin'...

https://oilcity.news/community/2021/08/30/tesla-fastest-car-in-cross-roads-of-wyoming-speed-trials-saturday/

ICE's, not even close!  I would think that 4800' has an effect...

(Shoshoni, WY) – At 95 MPH, Patrick Lawson’s 2019 Tesla was the fastest vehicle overall at the August 28th “Show Down in the Fast Lane” speed trials. Josh Gollnick also crossed the 90 MPH line with a top speed of 91 in a 1977 Chevrolet Nova.

Another joke, right? 95 mph was the top speed? These must have been restored cars.

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(edited)

6 hours ago, Jay McKinsey said:

You dig oil out of the ground. What are you going to do when EV's destroy the demand for oil in the next couple decades? Oh I know, you can install wind turbines all across the prairie and build HVDC lines right to California. Enjoy the disruption.

 

Jay, during your recent vacation from here we solved that issue,

Huge and growing demand for petro-chemicals will increase overall oil demand going forward.

https://oilprice.com/Energy/Energy-General/Indias-Demand-For-Petrochemicals-Set-To-Surge-Tenfold-By-2050.html

"Petrochemicals will be the key pillar of oil demand growth globally, both in the near and the long term, the International Energy Agency (IEA) said in its Oil 2021 annual report in March with forecasts through 2026. While growth in road transport fuel demand is set to slow to below 0.5 percent annually after 2023, sectors such as petrochemicals will boost overall oil demand, the IEA said. Despite the energy transition push in road transportation and electricity generation, some sectors – such as aviation, shipping, and petrochemicals – will continue to rely on oil for some time, the agency noted. The petrochemical industry will remain a pillar of growth to 2026, as ethane, LPG, and naphtha together are set to account for 70 percent of the projected increase in oil product demand, according to the IEA."

Edited by Ecocharger

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(edited)

Looks like Biden & Co. have given up pleading with the Saudis to increase oil production, to prevent the necessity of ramping up American oil production. U.S. gasoline prices have increased 50% since the new guy took over the White House. 

 The next step, and can you believe it? Attack the gas stations....that's right, point the finger at someone else besides the new government and its policies.

https://oilprice.com/Latest-Energy-News/World-News/Oil-And-Gas-Once-Again-In-US-Government-Crosshairs.html

"The FTC Chair Lina Khan has directed staff to come up with new legal theories that would give the FTC cause to target gas station deals that it feels are disadvantageous and even to investigate instances of price collusion among gas station chains—specifically targeting national chains that buy up family-owned businesses.

“Over the last few decades, retail fuel station chains have repeatedly proposed illegal mergers, suggesting that the agency’s approach has not deterred firms from proposing anticompetitive transactions in the first place,” Khan said in the letter.

The investigation in part will attempt to determine if major gas station chains force their franchisees to sell gas at inflated prices. Franchisees mostly have no control over prices at the pump."

Edited by Ecocharger

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(edited)

58 minutes ago, Ecocharger said:

Not at all, the real stop-gap is still going to be good old coal.

https://oilprice.com/Energy/Coal/Which-Countries-Are-Still-Selling-Coal-To-China.html

" India purchased a record amount of Australian thermal coal. South Korea, Japan, and Taiwan also bought increased amounts of the cheap Australian thermal coal, which was suddenly far more affordable than its South African counterpart of a similar grade. These disruptions are continuing to ripple through global supply chains. “Global trade flows will be self-adjusting with Australian coal flowing to Indian and European markets and South African and Colombian sources coming into China,” Winston Han, chief analyst from China Coal Transportation and Distribution Association, was recently quoted by Reuters.

Thermal coal importers were not the only beneficiaries of the spat between China and Australia. “The ban has also benefited coal exporters in Indonesia, Mongolia and Russia as China’s buyers switched suppliers, according to the latest Chinese customs data,” Reuters reported, noting that Indonesian coal miners inked a $1.5 billion supply deal with China in November 2020. The United States, Canada, and Russia, have also reaped the benefits of China's increased appetite for high-quality metallurgical coal outside of Australia. China has had to pay a premium for this kind of coal used in the steelmaking process, as U.S. coal is more expensive and incurs higher shipping costs. 

This scramble for coal market share is taking place at a time when experts are imploring world leaders and industry executives to leave coal in the ground. Just this month, U.N. Secretary General António Guterres introduced the latest Intergovernmental Panel on Climate Change report as a “code red for humanity” that must sound as a “death knell for coal.” But while we have reached the point of no return for global warming, the coal trade and consumption in China shows that coal will not be stamped out overnight. "

Steam coal is not going anywhere fast, that's for sure.

It will be around for "a while", yet.

In the meantime, the USA will continue to burn less, and less, of it.

It will be more and more difficult to compete in any market with electric sources that use no fuel, no water, and produce negligible operational wastes.

The move away from heat engines is really just starting.

It takes about 10 years of development to gain 1% of thermal efficiency with heat engines. 

Today's BEST cycles (and they are NOT coal-fired) are complicated, with thermal efficiency of about 60% (+/-).

So you throw away 40% of the energy input.

And there ain't NOTHIN' "clean" about coal.

Edited by turbguy

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