footeab@yahoo.com + 2,129 April 25, 2023 3 hours ago, turbguy said: 9 Poor guy, still can't remember what you actually typed eh? MOVE those GOAL posts baby! HINT: You said HYDROPOWER Quote Share this post Link to post Share on other sites
specinho + 439 April 25, 2023 Expectation and reality..... 🤡 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,600 RP April 25, 2023 12 hours ago, notsonice said: Renewables are now bigger than Coal in the US and that only took a few years Its been like that in the UK for 8 years and renewables have grown enormously since 2019 whilst coal is pretty much redundant. In fact in 2023 wind could overtake NG as the prime source of powergen. The difference in just 10 years is staggering! 1 Quote Share this post Link to post Share on other sites
turbguy + 1,391 April 25, 2023 (edited) 7 hours ago, footeab@yahoo.com said: Poor guy, still can't remember what you actually typed eh? MOVE those GOAL posts baby! HINT: You said HYDROPOWER What I said was: "Washington state EXPORTS more MWh's than the total fossil fuels used to generate within the state. Oregon state EXPORTS WAY more MWh's than coal produces within the state. Hydro, much??" You said that the PNW doesn't export power, and hasn't done so for, like, 40 years. And the largest contributor is water. Edited April 25, 2023 by turbguy 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,537 April 25, 2023 21 minutes ago, turbguy said: You said that the PNW doesn't export power, and hasn't done so for, like, 40 years. And the largest contributor is water. Kills millions of salmon...actually the environmental community for yrs rallied against the dams. And then there was save the seals apocalypse. And now hydro power is no longer considered sustainable. It's time to round up the mentally challenged crowd and sustained lithium treatment...China has excessive amounts I understand..seems no one wants there products.. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,374 DL April 25, 2023 9 hours ago, Rob Plant said: Its been like that in the UK for 8 years and renewables have grown enormously since 2019 whilst coal is pretty much redundant. In fact in 2023 wind could overtake NG as the prime source of powergen. The difference in just 10 years is staggering! Only with massive government intervention into the energy markets. Coal is still king in the world at large. 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,537 April 25, 2023 9 hours ago, Rob Plant said: Its been like that in the UK for 8 years and renewables have grown enormously since 2019 whilst coal is pretty much redundant. In fact in 2023 wind could overtake NG as the prime source of powergen. The difference in just 10 years is staggering! Indeed staggering you are destroying your own own nation https://commonslibrary.parliament.uk/research-briefings/cbp-9491/#:~:text=Trends in prices up to 2021&text=They started to increase towards,%2C a 36% real increase. 1 Quote Share this post Link to post Share on other sites
turbguy + 1,391 April 25, 2023 (edited) 6 hours ago, Eyes Wide Open said: Kills millions of salmon...actually the environmental community for yrs rallied against the dams. And then there was save the seals apocalypse. And now hydro power is no longer considered sustainable. It's time to round up the mentally challenged crowd and sustained lithium treatment...China has excessive amounts I understand..seems no one wants there products.. I cannot argue that hydroelectric generation has no environmental impact. It does. All energy extraction "forms" do. That said, such systems provide more than electricity. For instance, the Hoover Dam's most valuable product is a controlled water supply. I don't know whom might consider hydroelectric power "non-sustainable". I don't think precipitation or gravity is going anywhere in the foreseeable future Perhaps you can clue us in on whom holds such belief? It is: A renewable energy source Has low operating costs It can provide dispatchable baseload power It can be used to store energy It can help to reduce greenhouse gas emissions Edited April 25, 2023 by turbguy 2 Quote Share this post Link to post Share on other sites
Ron Wagner + 642 April 25, 2023 12 hours ago, Rob Plant said: Its been like that in the UK for 8 years and renewables have grown enormously since 2019 whilst coal is pretty much redundant. In fact in 2023 wind could overtake NG as the prime source of powergen. The difference in just 10 years is staggering! How have your electrical prices been doing though? This is just electrical generation, right? 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 642 April 25, 2023 https://www.businessinsider.com/chevy-bolt-ev-euv-cheapest-electric-car-discontinued-dead-2023-4?utm_source=notification&utm_medium=referral Another one bites the dust. High hopes dashed by reality again. Will they ever beat the Mitsubishi Mirage ICE? 1 Quote Share this post Link to post Share on other sites
Michael Sanches + 187 April 26, 2023 Subsidies for wind power last year: $158 Billion % of power by wind: 10.2% Per American: $451 (= $2210 subsidy per person for 50% wind power) Per Family of 4: $1800 {= $8823 subsidy per family of 4 for 50% wind power) ----------------------------------------------------------------------------------------------------------- Subsidies for fossil fuels: $10 - $50 Billion % of power by fossil fuels: 60.2% Per American: $28.5 to $143 (= $24 to $119 subsidy per person for 50% fossil fuel power) Per Family of 4: $115 to $571 (= $96 to $474 subsidy per person for 50% fossil fuel power) -------------------------------------------------------------------------------------------------------------- Oh, yeah, Fossil fuel companies paid $158 Billion in taxes, while wind lost money, subtracting tac receipts from profitable conglomerates. 4 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,600 RP April 26, 2023 14 hours ago, Eyes Wide Open said: Indeed staggering you are destroying your own own nation https://commonslibrary.parliament.uk/research-briefings/cbp-9491/#:~:text=Trends in prices up to 2021&text=They started to increase towards,%2C a 36% real increase. Haha unbelievable! You spout massive cost rises when the reason they are astronomical (if you bothered to found out) is ALL about the cost of NG. Yes its come down on the markets but the consumer isnt seeing that price fall yet. If we just had renewables it would be one of the cheapest anywhere around! Please in future find out the reason for the massive cost rise before trying to make a point against renewables. The UK needs a varied energy mix including NG but its shafted us royally over the last year! 1 Quote Share this post Link to post Share on other sites
Rob Plant + 2,600 RP April 26, 2023 14 hours ago, Ecocharger said: Only with massive government intervention into the energy markets. Coal is still king in the world at large. No coal production is set to plateau over the next 3 years and then tail off, (check any forward projections including pro coal ones). The world needs more energy so I dont expect coal to drop away as sharply as it has done in the UK for other countries but the additional energy requirements the world needs will therefore come from other sources and not coal. https://www.iea.org/reports/coal-2022/executive-summary Quote Share this post Link to post Share on other sites
Rob Plant + 2,600 RP April 26, 2023 11 hours ago, Ron Wagner said: How have your electrical prices been doing though? This is just electrical generation, right? They are astronomical due to the massive hikes in NG costs Ron, the recent reduction in NG prices has not got to the consumer yet. People on here cant seem to grasp that fact and jump on the bandwagon that it must be renewables! We've had renewables for years, as per the graphs I posted, with no discernible rise in electricity costs. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,062 DM April 26, 2023 (edited) In the US, King Coal is dead Coal tonnage used in the 1st Quarter of 2023 in the US decreased by over 40 million metric tonnes Year over Year or at a annual rate decrease of over 160 Million tonnes. This decrease will accelerate as more Coal fired plants are closed this year......... Peak coak happened in 2013/2014.... 2022??? at best a dead cat bounce Expect the market price for coal in the US to crash over the next several months..........and never recover too much supply and too little demand Thanks to renewables...and you can bet that the same is going to happen in China as they increase the rate of both wind and solar projects being added to their grid Enjoy the Transition, I am U.S. coal-fired generation falls to record first-quarter low By contrast, renewable generation – wind, utility-scale solar and hydropower – grabbed 22.5% of the overall market. Kevin Clark4.11.2023 Share This Article It was a “brutal first quarter” of 2023 for U.S. coal-fired power plants, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Electricity generation from U.S. coal plants totaled 162.3 million MWh for January, February and March 2023 — a record low and down more than 25% from the same period in 2022, per data from the Energy Information Administration (EIA) and IEEFA analysis. The decrease pushed coal power’s market share below 17%, versus more than 22% in the same quarter of last year. By contrast, renewable generation – wind, utility-scale solar and hydropower – grabbed 22.5% of the overall market, highlighting the different trajectories for the two energy resources. In the PJM power market, which supplies electricity from New Jersey to Illinois, coal generation tumbled 40%, dropping by more than 20 million MWh, and the fuel’s market share fell to just 15%. Ten years ago, coal’s market share was well above 40% in the region. Coal also faced challenges in the Electric Reliability Council of Texas (ERCOT), the operator of the grid supplying 90 percent of electricity in the Lonestar State. There, a massive, ongoing buildout of wind and solar generation has sharply cut demand for coal power. In the first quarter of 2023, wind and solar together supplied 39.3% of total electric demand, taking the top spot from gas-fired generation. In the quarter, coal generation fell 37%, more than 6.5 million MWh, and its market share dropped to less than 12%. IEEFA noted that as the windy spring season takes over and the days lengthen, renewable generation should increase significantly in what is its strongest quarter. And with the number of new renewable projects coming online, it is likely to continue posting year-over-year increases for the foreseeable future. Edited April 26, 2023 by notsonice Quote Share this post Link to post Share on other sites
Ecocharger + 1,374 DL April 26, 2023 (edited) 1 hour ago, notsonice said: In the US, King Coal is dead Coal tonnage used in the 1st Quarter of 2023 in the US decreased by over 40 million metric tonnes Year over Year or at a annual rate decrease of over 160 Million tonnes. This decrease will accelerate as more Coal fired plants are closed this year......... Peak coak happened in 2013/2014.... 2022??? at best a dead cat bounce Expect the market price for coal in the US to crash over the next several months..........and never recover too much supply and too little demand Thanks to renewables...and you can bet that the same is going to happen in China as they increase the rate of both wind and solar projects being added to their grid Enjoy the Transition, I am U.S. coal-fired generation falls to record first-quarter low By contrast, renewable generation – wind, utility-scale solar and hydropower – grabbed 22.5% of the overall market. Kevin Clark4.11.2023 Share This Article It was a “brutal first quarter” of 2023 for U.S. coal-fired power plants, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Electricity generation from U.S. coal plants totaled 162.3 million MWh for January, February and March 2023 — a record low and down more than 25% from the same period in 2022, per data from the Energy Information Administration (EIA) and IEEFA analysis. The decrease pushed coal power’s market share below 17%, versus more than 22% in the same quarter of last year. By contrast, renewable generation – wind, utility-scale solar and hydropower – grabbed 22.5% of the overall market, highlighting the different trajectories for the two energy resources. In the PJM power market, which supplies electricity from New Jersey to Illinois, coal generation tumbled 40%, dropping by more than 20 million MWh, and the fuel’s market share fell to just 15%. Ten years ago, coal’s market share was well above 40% in the region. Coal also faced challenges in the Electric Reliability Council of Texas (ERCOT), the operator of the grid supplying 90 percent of electricity in the Lonestar State. There, a massive, ongoing buildout of wind and solar generation has sharply cut demand for coal power. In the first quarter of 2023, wind and solar together supplied 39.3% of total electric demand, taking the top spot from gas-fired generation. In the quarter, coal generation fell 37%, more than 6.5 million MWh, and its market share dropped to less than 12%. IEEFA noted that as the windy spring season takes over and the days lengthen, renewable generation should increase significantly in what is its strongest quarter. And with the number of new renewable projects coming online, it is likely to continue posting year-over-year increases for the foreseeable future. I have good news for you...the U.S. is not the world and King Coal is still King. Rejoice. All-time high production. Edited April 26, 2023 by Ecocharger 1 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,537 April 26, 2023 (edited) 9 hours ago, Rob Plant said: Haha unbelievable! You spout massive cost rises when the reason they are astronomical (if you bothered to found out) is ALL about the cost of NG. Yes its come down on the markets but the consumer isnt seeing that price fall yet. If we just had renewables it would be one of the cheapest anywhere around! Please in future find out the reason for the massive cost rise before trying to make a point against renewables. The UK needs a varied energy mix including NG but its shafted us royally over the last year! Perhaps once again reflection is in order..note the article is 8 yrs old. Not much needs to be said..I leave the rest to you. https://www.theguardian.com/environment/2014/jul/22/germany-uk-poland-top-dirty-30-list-eu-coal-fired-power-stations Germany, UK and Poland top ‘dirty 30’ list of EU coal-fired power stations This article is more than 8 years old Environmental study highlights health effects from pollution, with Germany coming top, and the UK third in total coal consumption https://www.npr.org/2023/03/02/1160441919/china-is-building-six-times-more-new-coal-plants-than-other-countries-report-fin China is building six times more new coal plants than other countries, report finds March 2, 20236:00 AM ET https://www.eia.gov/todayinenergy/detail.php?id=16271 China produces and consumes almost as much coal as the rest of the world combined Edited April 26, 2023 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,374 DL April 26, 2023 (edited) A recipe for economic suicide as the EU attempts to destroy the public standard of living and bankrupt the members' national budgets. https://oilprice.com/Energy/Energy-General/The-EU-Just-Made-Emissions-Even-More-Expensive.html "The EU approved a carbon tax reform to reduce emissions by 62% from 2005 levels by 2030. The reform makes emissions more expensive for various industries through carbon permits and the introduction of a tax on emission-intensive imports. The EU plans to soften the blow of the carbon tax reform by setting up an 86.7-billion-euro fund." Needless to say., a paltry 86.6 billion euro fund will not "soften the blow" for the average citizen. Political charlatanism at its absolute nadir of intellectual dysfunction. Edited April 26, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
Ecocharger + 1,374 DL April 27, 2023 (edited) The best investment on Wall Street is, of course, oil and gas. The most promising sector going forward. https://oilprice.com/Energy/Crude-Oil/3-Reasons-Why-Oil-Gas-Is-Goldman-Sachs-Favorite-Sector.html "Despite the renewed selling in oil and gas, Goldman Sachs remains bullish on energy. The energy sector is the cheapest of all 11 U.S. market sectors, with a current PE ratio of 6.7. Energy companies continue to report robust earnings as oil continues to trade around $80 per barrel." Edited April 27, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
notsonice + 1,062 DM April 27, 2023 (edited) 1 hour ago, Ecocharger said: The best investment on Wall Street is, of course, oil and gas. The most promising sector going forward. https://oilprice.com/Energy/Crude-Oil/3-Reasons-Why-Oil-Gas-Is-Goldman-Sachs-Favorite-Sector.html "Despite the renewed selling in oil and gas, Goldman Sachs remains bullish on energy. The energy sector is the cheapest of all 11 U.S. market sectors, with a current PE ratio of 6.7. Energy companies continue to report robust earnings as oil continues to trade around $80 per barrel." Goldman Sachs??? ha ha ha how did their July 2022 $130 Brent forecast at the end of 2022 end up for their investors.... Ha Ha Ha And you so happily reposted in last July...... Brent $70 is in the cards and that is not exactly a money make these days is it??? ha ha ha rough seas ahead for those long on oil Demand is flat and oversupply is the forecast The Fed is in charge............and they will not cut rates until they get $70 Brent brent at $78 today oh my my GS needs to get rid of those calling for $107 Brent some recent past forecasts ouf of GS........My take is they are Bipolar March 6, 2023 Oil prices could rise as high as $107 a barrel by the end of the year from about $84 at present, depending on how OPEC responds to emerging market conditions, according to a new report from Goldman Sachs Research. Goldman Sachs no longer sees oil at $100 in 2023 SECTIONS Goldman Sachs no longer sees oil at $100 in 2023 ReutersLast Updated: Mar 20, 2023, 08:33 AM IST Oil Price Outlook: Goldman Sachs Sees Crude Hitting $110 in ... Nov 29, 2022 — Goldman Sachs expects crude oil to hit $110 per barrel next year Edited April 27, 2023 by notsonice Quote Share this post Link to post Share on other sites
Ecocharger + 1,374 DL April 27, 2023 39 minutes ago, notsonice said: Goldman Sachs??? ha ha ha how did their July 2022 $130 Brent forecast at the end of 2022 end up for their investors.... Ha Ha Ha And you so happily reposted in last July...... Brent $70 is in the cards and that is not exactly a money make these days is it??? ha ha ha rough seas ahead for those long on oil Demand is flat and oversupply is the forecast The Fed is in charge............and they will not cut rates until they get $70 Brent brent at $78 today oh my my GS needs to get rid of those calling for $107 Brent some recent past forecasts ouf of GS........My take is they are Bipolar March 6, 2023 Oil prices could rise as high as $107 a barrel by the end of the year from about $84 at present, depending on how OPEC responds to emerging market conditions, according to a new report from Goldman Sachs Research. Goldman Sachs no longer sees oil at $100 in 2023 SECTIONS Goldman Sachs no longer sees oil at $100 in 2023 ReutersLast Updated: Mar 20, 2023, 08:33 AM IST Oil Price Outlook: Goldman Sachs Sees Crude Hitting $110 in ... Nov 29, 2022 — Goldman Sachs expects crude oil to hit $110 per barrel next year The best investment in the market. The smart money goes there. Quote Share this post Link to post Share on other sites
Ron Wagner + 642 April 28, 2023 On 4/26/2023 at 2:49 AM, Rob Plant said: Haha unbelievable! You spout massive cost rises when the reason they are astronomical (if you bothered to found out) is ALL about the cost of NG. Yes its come down on the markets but the consumer isnt seeing that price fall yet. If we just had renewables it would be one of the cheapest anywhere around! Please in future find out the reason for the massive cost rise before trying to make a point against renewables. The UK needs a varied energy mix including NG but its shafted us royally over the last year! Complaining of one year caused by German mistakes in supporting Russia does not a good argument make. Natural gas is now near an all time low considering inflation. 1 Quote Share this post Link to post Share on other sites
Ron Wagner + 642 April 28, 2023 https://news.yahoo.com/finance/news/americans-aren-t-lining-buy-114500321.html Americans aren’t lining up to buy EVs — despite the new $7,500 Inflation Reduction Act tax credit. Here are the 2 big reasons why 3.2k 0:00 2:05 Global EV sales expected to surge 35%, over 14 million cars in 2023 EV sales jumping in 2022 compared to the years prior. Vishesh Raisinghani Thu, April 27, 2023 at 6:45 AM CDT If only electric vehicles would shoot sparks — in the marketplace, that is. Despite the billions of dollars invested by private corporations, and government subsidies, Americans are still indifferent as a whole over electric vehicles. Just two in every 10 Americans say they are “very likely” to buy an EV as their next car, according to a recent survey by the University of Chicago’s Energy Policy Institute and the AP-NORC Center for Public Affairs Research. Don't miss Rich young Americans have lost confidence in the stock market — and are betting on these 3 assets instead. Get in now for strong long-term tailwinds You could be the landlord of Walmart, Whole Foods and CVS (and collect fat grocery store-anchored income on a quarterly basis) UBS says 61% of millionaire collectors allocate up to 30% of their overall portfolio to this exclusive asset class The U.S. is an outlier on the issue Two-thirds of Europeans said their next car would likely be an EV, a recent EIB climate survey shows. Meanwhile, EVs already account for 86% of new car sales in Norway and 72% in Iceland, according to statistics cited by Canary Media. Even Chinese consumers are more enthusiastic about this transition than their American counterparts, those numbers show; 16% of all cars sold in China in 2021 were electric, whereas the figure in the U.S. is just 5%, ranking it number 19 out of the 20 countries charted. The Biden Administration can’t be happy with those findings. The transition to clean energy is a key part of the government’s agenda and subsidies in the recently-passed Inflation Reduction Act were supposed to make EVs more appealing. The legislation earmarked up to $7,500 in tax credits for each American motorist who ditched their gas guzzler. The administration’s strict new pollution limits are intended to push EV sales to 67% of the market by 2032. Unfortunately, the carrot-and-stick approach hasn’t worked. To drive EV adoption higher, the government and auto industry need to resolve two key hurdles for ordinary consumers: cost and infrastructure. Cost and charger conundrum Roughly 80% of Americans name “costs” and the “availability of charging stations” as their EV biggest concerns. There are only 53,000 electric charging stations in the U.S. compared to 145,000 gas stations, according to the World Economic Forum. Charging an EV is substantially more time consuming, which explains why charging stations need to exceed gas stations for comparable availability. Reliability ranks as another key issue. Drivers seldom have to worry about their local gas station being out of service – but one-fourth of charging stations tested by climate advocacy group Cool the Earth didn’t function. Resolving these issues could take years, which means the Biden Administration’s target of 67% EV adoption is likely unrealistic. It also means gas-powered vehicles and fossil fuels are here to stay for the foreseeable future. The petroleum sector is under appreciated by many investors, which could create bargain opportunities. 1 Quote Share this post Link to post Share on other sites
Ecocharger + 1,374 DL April 28, 2023 (edited) Oil demand is at an all-time high and will continue to grow, despite the possibility of a recession. https://oilprice.com/Energy/Oil-Prices/Analysts-See-Oil-Prices-Rising-To-90-By-End-2023.html "Reuters survey: oil prices are set to rise toward $90 per barrel by the end of this year. So far this year, Brent prices have averaged around $82. Most analysts expect the surprise additional OPEC+ cuts of 1.16 million barrels per day (bpd) between March and December to significantly tighten supply in the second half of this year." "Despite concerns about economic growth, global oil demand is still set for a record high 101.9 million bpd this year, driven by a resurgent Chinese consumption, the International Energy Agency (IEA) said in its latest monthly report in the middle of April. Solid demand from China raised global oil demand by 810,000 bpd year-on-year in the first quarter to 100.4 million bpd, the IEA said in its Oil Market Report for April." Edited April 28, 2023 by Ecocharger Quote Share this post Link to post Share on other sites
notsonice + 1,062 DM April 28, 2023 1 minute ago, Ecocharger said: Oil demand is at an all-time high and will continue to grow, despite the possibility of a recession. https://oilprice.com/Energy/Oil-Prices/Analysts-See-Oil-Prices-Rising-To-90-By-End-2023.html "Reuters survey: oil prices are set to rise toward $90 per barrel by the end of this year. So far this year, Brent prices have averaged around $82. Most analysts expect the surprise additional OPEC+ cuts of 1.16 million barrels per day (bpd) between March and December to significantly tighten supply in the second half of this year." IEA forecasts were also calling for average $92 brent in 2023 in late December then they lowered it to $83.......because of lack of demand.... and where is it today $78 and moving lower every month..... 4 months are over already in 2023 and the big rise in demand that IEA forecast has not materilized Only way that OPEC can move the price up is cutting supply.........cuts of 1.16 million barrels per day Now you tell me why would they have to cut supply if demand is hitting highs??? The only thing I can tell from your posts is Hits and Highs is happening in the weed patch Remember the Fed is in charge and they like $70 Brent not $90...more rate hikes in the cards 2% inflation target does not happen when the price of oil is going up PS and those pesky EV's...Forecast is for 15 million this year...next year 20 million and 2025 25 million oh my my Oil demand does not increase when people are switching to EVs Enjoy the transition, I am Quote Share this post Link to post Share on other sites
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