GREEN NEW DEAL = BLIZZARD OF LIES

[notsonice + 1,068]

2 hours ago, footeab@yahoo.com said:

Do yourself a favor... your ignorance is supreme! Keep posting.  PNW does not export power and has not done so going on 40 years now Yo, ripvanwinkle, time to wake up.  For ~1 month during snowmelt flood season, WA exports a little power.  WA/OR only get ~50% to 2/3 of their electrical power from Hydro. 

 

Do yourself a favor.............your ignorance is supreme........Enjoy the reality.....

Coal is dead...

 

Enjoy the closures 

[notsonice + 1,068]

A new study finds the majority of coal-fired power plants in the U.S. are more expensive to operate than swapping out for solar. That's according to the nonpartisan think tank Energy Innovation Policy and Technology.

 

Enjoy the reality Coal is more expensive than solar

 

The cost and future of coal-fired power in Kentucky

Play

February 08, 2023

A coal shovel works at the Midway mine in Centertown, Kentucky. (Daniel R. Patmore/AP)

A new study finds the majority of coal-fired power plants in the U.S. are more expensive to operate than swapping out for solar. That's according to the nonpartisan think tank Energy Innovation Policy and Technology.

Here & Now's Deepa Fernandes looks at what the findings could mean for the future of power in Kentucky, where most of the electricity comes from coal. She speaks with Ryan Van Velzer, energy and environment reporter for Louisville Public Media.

[turbguy + 1,401]

9 hours ago, footeab@yahoo.com said:

Do yourself a favor... your ignorance is supreme! Keep posting.  PNW does not export power and has not done so going on 40 years now Yo, ripvanwinkle, time to wake up.  For ~1 month during snowmelt flood season, WA exports a little power.  WA/OR only get ~50% to 2/3 of their electrical power from Hydro. 

In 2022, Oregon exported 13,400 GWh of electricity, while it imported only 10,200 GWh. Oregon had a net export of 3,200 GWh of electricity.

In 2022, Washington exported 15,300 GWh of electricity, while it imported only 10,900 GWh.  Washington had a net export of 4,400 GWh of electricity..

The main reason for Washington's and Oregon's net export of electricity is its abundance of renewable energy resources. Both are leading producers of hydroelectric power in the United States, and both also have significant wind and solar resources.

That said, try my home state. Wyoming exports WAY more electricity than it imports. In 2022, Wyoming exported 10,300 GWh of electricity, while it imported only 2,800 GWh. Wyoming had a net export of 7,500 GWh of electricity. 

The main reason for Wyoming's net export of electricity is its abundance of coal-fired power plants. Wyoming is the leading producer of coal in the United States.  In the next 10 years, some of those plants/units will either be retired, or converted to nat gas,

BTW, some of those hydro units in the northwest will begin installing...get ready for it...BATTERIES!

Now, New York State?  Thank goodness for Hydro Quebec!

Edited April 17, 2023 by turbguy

[Ecocharger + 1,375]

13 hours ago, turbguy said:

You guys would be surprised.  Just look at the last week's generation sources.  Wind beats coal, by a LOT!  Yes, nat gas is still king, and will be for about a decade or so.

How can a coal plant compete with a generation source that requires zero fuel, uses zero water, produces zero operation waste, and requires less "heads per MWh"?  

Wait until AI gets involved!  For instance:

• AI can help to optimize the grid. AI can be used to analyze data from the grid to identify areas where efficiency can be improved. For example, AI can be used to identify transmission lines that are underutilized or that are experiencing congestion. AI can also be used to develop new algorithms for dispatching power generation resources, which can help to ensure that the grid is operating as efficiently as possible.
• AI can help to balance supply and demand. Non-dispatchable renewable generation, such as solar and wind power, can be intermittent, meaning that they do not always produce electricity at the same rate. AI can be used to help balance supply and demand by predicting when non-dispatchable renewable generation will be available and by dispatching other power generation resources accordingly. This can help to ensure that the grid has enough electricity to meet demand even when non-dispatchable renewable generation is not available.
• AI can help to manage peak demand. Peak demand is the highest level of electricity demand that occurs during a given day. AI can be used to help manage peak demand by forecasting when peak demand will occur and by dispatching power generation resources accordingly. This can help to avoid blackouts and brownouts that can occur when peak demand exceeds the capacity of the grid.
• AI can help to improve grid resilience. The grid is susceptible to a variety of disruptions, such as natural disasters and cyberattacks. AI can be used to help improve grid resilience by identifying and mitigating these risks. For example, AI can be used to monitor the grid for signs of trouble and to take corrective action before a disruption occurs.

 

Coal production worldwide is reaching all-time high levels as China and India rely increasingly on coal.

[Ecocharger + 1,375]

8 hours ago, notsonice said:

A new study finds the majority of coal-fired power plants in the U.S. are more expensive to operate than swapping out for solar. That's according to the nonpartisan think tank Energy Innovation Policy and Technology.

 

Enjoy the reality Coal is more expensive than solar

 

The cost and future of coal-fired power in Kentucky

Play

February 08, 2023

 

A coal shovel works at the Midway mine in Centertown, Kentucky. (Daniel R. Patmore/AP)

A new study finds the majority of coal-fired power plants in the U.S. are more expensive to operate than swapping out for solar. That's according to the nonpartisan think tank Energy Innovation Policy and Technology.

Here & Now's Deepa Fernandes looks at what the findings could mean for the future of power in Kentucky, where most of the electricity comes from coal. She speaks with Ryan Van Velzer, energy and environment reporter for Louisville Public Media.

Coal is the future for many parts of the world which are experiencing growth.

[notsonice + 1,068]

1 minute ago, Ecocharger said:

Coal is the future for many parts of the world which are experiencing growth.

Coal is the future for many parts of the world?????? 

 

Once again you fail to post any facts concerning your BS babble

Maybe in Russia or where ever you live....you think coal is great...

In the USA.......Coal is dead

This year again coal is down over 8 percent on consumption Y O Y 

 

and the retirements of Coal this upcoming year....another 10 percent decline in coal

Any new coal plants being built in the US.....ha ha ha .....ZERO

Enjoy the transition....... Everyone in the US except the real slow ones are enjoying it......

[turbguy + 1,401]

2 hours ago, Ecocharger said:

Coal production worldwide is reaching all-time high levels as China and India rely increasingly on coal.

I cannot dispute this.  Numbers are not available for 2022 yet (that I know of)  Certainly the COVID-19 situation put a damper on consumption in the past few years, as production stagnated for about the past 5 years.

China and India (and Japan, and South Korea) are in great need of energy and growth is to be expected in consumption.  

That is no reason why the USA should be "following in their footsteps". 

Here are some of the "takeaways" from the IEA's most recent report:

• Global coal production is expected to decline by 0.8% per year between 2022 and 2030.
• The decline in coal production is being driven by a number of factors, including the growth of renewable energy sources, the increasing cost of coal production, and environmental regulations.
• The decline in coal production is expected to have a significant impact on the global economy, leading to higher energy prices and job losses in the coal industry.
• The decline in coal production is also an opportunity for the global economy to transition to cleaner and more sustainable sources of energy.

At least, for steam coal generation.  Metallurgical grade coals may decline as well.

Don't get me started on Carbon Capture and Sequestration. That will NEVER be competitive.

 

 

Edited April 17, 2023 by turbguy

[Ecocharger + 1,375]

11 hours ago, notsonice said:

Coal is the future for many parts of the world?????? 

 

Once again you fail to post any facts concerning your BS babble

Maybe in Russia or where ever you live....you think coal is great...

In the USA.......Coal is dead

This year again coal is down over 8 percent on consumption Y O Y 

 

and the retirements of Coal this upcoming year....another 10 percent decline in coal

Any new coal plants being built in the US.....ha ha ha .....ZERO

Enjoy the transition....... Everyone in the US except the real slow ones are enjoying it......

You have been shown the numbers many times...get out your handkerchief and weep.

[Ecocharger + 1,375]

8 hours ago, turbguy said:

I cannot dispute this.  Numbers are not available for 2022 yet (that I know of)  Certainly the COVID-19 situation put a damper on consumption in the past few years, as production stagnated for about the past 5 years.

China and India (and Japan, and South Korea) are in great need of energy and growth is to be expected in consumption.  

That is no reason why the USA should be "following in their footsteps". 

Here are some of the "takeaways" from the IEA's most recent report:

• Global coal production is expected to decline by 0.8% per year between 2022 and 2030.
• The decline in coal production is being driven by a number of factors, including the growth of renewable energy sources, the increasing cost of coal production, and environmental regulations.
• The decline in coal production is expected to have a significant impact on the global economy, leading to higher energy prices and job losses in the coal industry.
• The decline in coal production is also an opportunity for the global economy to transition to cleaner and more sustainable sources of energy.

At least, for steam coal generation.  Metallurgical grade coals may decline as well.

Don't get me started on Carbon Capture and Sequestration. That will NEVER be competitive.

 

 

High energy prices will keep coal production high and growing. Right now coal production is at an all-time high, despite the rhetoric surrounding climate change. Look for that scenario to continue going forward. Asian demand for coal will continue to expand.

[Ecocharger + 1,375]

Oil demand will continue to grow in the next few decades at least.

https://oilprice.com/Energy/Crude-Oil/Oil-Demand-Predictions-Vary-Wildly-Among-Energy-Agencies.html

"Oil demand growth predictions by 28 organizations including a handful of Big Oil companies through 2050 vary wildly.

Several large agencies see modest growth for fossil fuels through 2050.

OPEC+ output cuts have tipped the balance for oil demand supply and tightened the market in early 2023."

"Oil demand growth predictions by 28 organizations including a handful of Big Oil companies through 2050 run the entire gamut from wildly bullish by US EIA (+34%)..."

The last time I looked, the US EIA was a Biden team organization. Have they finally awakened?

Edited April 18, 2023 by Ecocharger

[specinho + 440]

There used to be a habit of pacifier: when both options of energy have pros and cons, then the pacifier would take the middle path to use half each or not at all for both.

There is also another trick, when third option is available and proven to have more advantages than disadvantages, then the third option would be chosen.

**Ahemmnnn*** ( mild pretentious cough to get attention)......

Can i offer the third option, please? 😳😈

Developed this idea years ago for air-con in a tentative new development area. It was not adopted. Unconventional.....

But instead of going full force forward with renewables, including solar, wind, wood pellets, logs, chips etc, that are known to have problems existing and ahead, why not play it differently to have different outcome? 🤔

This new thing is called "crank it to live"....... 😯🤭💩

Alright...... As the name foretold, one needs to crank the device to produce electricity...... and it would be designed to sustain somehow ..... '-'

No grid. Nothing expensive. +/- battery. Sustainable. 

For the fun of it, let me know how it goes.... 👻

 

[notsonice + 1,068]

3 hours ago, Ecocharger said:

You have been shown the numbers many times...get out your handkerchief and weep.

where are your numbers???? you never post anything but BS babble....

 

here is reality...as I can tell you are too lazy to support your BS with anything

Coal production peaked in 2013.....

2011.......7,935 million metric tonnes

2012.......8,200 million metric tonnes

2013.......8,225 million metric tonnes

2014.......8,164 million metric tonnes

 

2019      8,108 million metric tonnes

2020......7,559 million metirc tonnes

2021......7,883 million metric tonnes

2022......8,025 million metric tonnes....latest estimate

in other words coal production has been with a  downward slide since 2013

2023 a decline from 2022 is expected

enjoy Coal peaked in 2013

 

and enjoy the transition to renewables

2025 coal production.......ha ha ha you will be lucky to see 7800 million tonnes

2030  oh boy, you will be lucky to see over 7,000 million tonnes..............my bet it will be less than 6500 million tonnes

and since 2013 Electricity production worldwide is up over 20 percent

must suck to be a lover of coal these days.........enjoy reality

Trend over 1990 - 2021 - TWh

Global Electricity production

 

Edited April 18, 2023 by notsonice

[Ecocharger + 1,375]

13 hours ago, notsonice said:

where are your numbers???? you never post anything but BS babble....

 

here is reality...as I can tell you are too lazy to support your BS with anything

Coal production peaked in 2013.....

2011.......7,935 million metric tonnes

2012.......8,200 million metric tonnes

2013.......8,225 million metric tonnes

2014.......8,164 million metric tonnes

 

2019      8,108 million metric tonnes

2020......7,559 million metirc tonnes

2021......7,883 million metric tonnes

2022......8,025 million metric tonnes....latest estimate

in other words coal production has been with a  downward slide since 2013

2023 a decline from 2022 is expected

enjoy Coal peaked in 2013

 

and enjoy the transition to renewables

2025 coal production.......ha ha ha you will be lucky to see 7800 million tonnes

2030  oh boy, you will be lucky to see over 7,000 million tonnes..............my bet it will be less than 6500 million tonnes

and since 2013 Electricity production worldwide is up over 20 percent

must suck to be a lover of coal these days.........enjoy reality

Trend over 1990 - 2021 - TWh

Global Electricity production

 

Coal production is at an all-time high. You have been shown the numbers but you refuse to believe them, That is your choice. And Biden's own people are calling for a 34% increase in oil production through 2050, which will destroy any plans for any transition. What a joke.

In the meantime, here is some real enlightenment as to how the Green goblins have been manufacturing fake news to promote the Green transition. Unbelievable misleading advertising.

https://oilprice.com/Energy/Energy-General/The-Hidden-Costs-Of-The-Renewables-Boom.html

"Investments in low-carbon energy hit $1.1 trillion in 2022.

Shortages in crucial industrial metals and rare earth metals could lead to rising prices for renewables.

Hydrocarbons remain very crucial for our energy security."

" Per the U.S. Department of Energy, LCOE measures lifetime costs for an energy installation divided by energy production. It sounds straightforward and simple enough. The problem is, it isn’t.

LCOE is not a comprehensive measure of costs because it only factors in upfront costs and the cost of operating a wind or solar farm. What it markedly does not factor in is the cost of energy that is not produced by these farms when the sun is not shining and the wind is not blowing.

These are some substantial costs because when wind and solar are down, fossil fuel plants need to step in and fill the gap, and the electricity they produce has become expensive because of those cheap renewables."

Edited April 18, 2023 by Ecocharger

[notsonice + 1,068]

28 minutes ago, Ecocharger said:

Coal production is at an all-time high. You have been shown the numbers but you refuse to believe them, That is your choice. And Biden's own people are calling for a 34% increase in oil production through 2050, which will destroy any plans for any transition. What a joke.

In the meantime, here is some real enlightenment as to how the Green goblins have been manufacturing fake news to promote the Green transition. Unbelievable misleading advertising.

https://oilprice.com/Energy/Energy-General/The-Hidden-Costs-Of-The-Renewables-Boom.html

"Investments in low-carbon energy hit $1.1 trillion in 2022.

Shortages in crucial industrial metals and rare earth metals could lead to rising prices for renewables.

Hydrocarbons remain very crucial for our energy security."

" Per the U.S. Department of Energy, LCOE measures lifetime costs for an energy installation divided by energy production. It sounds straightforward and simple enough. The problem is, it isn’t.

LCOE is not a comprehensive measure of costs because it only factors in upfront costs and the cost of operating a wind or solar farm. What it markedly does not factor in is the cost of energy that is not produced by these farms when the sun is not shining and the wind is not blowing.

These are some substantial costs because when wind and solar are down, fossil fuel plants need to step in and fill the gap, and the electricity they produce has become expensive because of those cheap renewables."

 

Quote

 

ha ha ha

 

Coal Peaked in 2013/14 all downhill now for Coal.....Enjoy the transition to renewables

I will repost the facts

and your expected response BS babble....

 

here is reality...as I can tell you are too lazy to support your BS with anything

Coal production peaked in 2013.....

2011.......7,935 million metric tonnes

2012.......8,200 million metric tonnes

2013.......8,225 million metric tonnes

2014.......8,164 million metric tonnes

 

2019      8,108 million metric tonnes

2020......7,559 million metirc tonnes

2021......7,883 million metric tonnes

2022......8,025 million metric tonnes....latest estimate

in other words coal production has been with a  downward slide since 2013

2023 a decline from 2022 is expected

enjoy Coal peaked in 2013

 

and enjoy the transition to renewables

2025 coal production.......ha ha ha you will be lucky to see 7800 million tonnes

2030  oh boy, you will be lucky to see over 7,000 million tonnes..............my bet it will be less than 6500 million tonnes

and since 2013 Electricity production worldwide is up over 20 percent

must suck to be a lover of coal these days.........enjoy reality

 

 

 

 

Edited April 18, 2023 by notsonice

[notsonice + 1,068]

lack of demand and the price falls

Enjoy as Coal declines forever.............

 

the highlight

Renewables are eating into coal’s share, EIA data showed this week.

Last year, U.S. power generation from renewable sources—wind, solar, hydro, biomass, and geothermal—surpassed coal-fired generation in the electric power sector for the first time. The share of coal-fired generation fell from 23% in 2021 to 20% in 2022 as a number of coal-fired power plants retired and the remaining plants were used less, the EIA said.

 

The Coal Price Crash Isn’t Over Yet

 

Editor OilPrice.com

March 30, 2023·2 min read

 

Coal prices in the United States and the benchmark coal price in Australia have plummeted this winter amid milder-than-usual weather and the falling price of natural gas.

Despite the recent slump in coal prices, they will have to fall even further to become competitive with natural gas for power generation again, according to The Wall Street Journal.

Per data from the U.S. Energy Information Administration (EIA), the average weekly coal spot price in Central Appalachia stood at $88.80 per short ton, and that in the Illinois Basin was at $78.45 per short ton in the week to March 24. Coal spot prices were unchanged from the previous week, but they have plunged by 57% since the beginning of this year.

Warmer winter weather, including in Europe, has alleviated pressure on electric power generation and the call on coal reserve plants in Europe, although some UK coal-fired plants were asked to be on standby at times of peak demand on the coldest days and nights this winter.

Despite the drop in coal prices from the record highs seen last year and at the beginning of this year, prices in the United States have to drop further if coal is to become price-competitive with natural gas. Measured in million British thermal units (MMBtu), the price of Central Appalachia coal was $3.55 per MMBtu last week, above the price of the U.S. benchmark natural gas price in the equivalent amount.

The U.S. Henry Hub front-month futures settled on Wednesday below the $2/MMBtu mark— at $1.991 per MMBtu. This was the lowest closing price since the lockdowns in 2020 and a 64% plunge from a year ago.

Natural gas is not coal’s only competitor in electric power generation. Renewables are eating into coal’s share, EIA data showed this week.

Last year, U.S. power generation from renewable sources—wind, solar, hydro, biomass, and geothermal—surpassed coal-fired generation in the electric power sector for the first time. The share of coal-fired generation fell from 23% in 2021 to 20% in 2022 as a number of coal-fired power plants retired and the remaining plants were used less, the EIA said.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:

[footeab@yahoo.com + 2,132]

On 4/17/2023 at 7:36 AM, turbguy said:

In 2022, Oregon exported 13,400 GWh of electricity, while it imported only 10,200 GWh. Oregon had a net export of 3,200 GWh of electricity.

In 2022, Washington exported 15,300 GWh of electricity, while it imported only 10,900 GWh.  Washington had a net export of 4,400 GWh of electricity..

The main reason for Washington's and Oregon's net export of electricity is its abundance of renewable energy resources. Both are leading producers of hydroelectric power in the United States, and both also have significant wind and solar resources.

That said, try my home state. Wyoming exports WAY more electricity than it imports. In 2022, Wyoming exported 10,300 GWh of electricity, while it imported only 2,800 GWh. Wyoming had a net export of 7,500 GWh of electricity. 

The main reason for Wyoming's net export of electricity is its abundance of coal-fired power plants. Wyoming is the leading producer of coal in the United States.  In the next 10 years, some of those plants/units will either be retired, or converted to nat gas,

BTW, some of those hydro units in the northwest will begin installing...get ready for it...BATTERIES!

Now, New York State?  Thank goodness for Hydro Quebec!

Knew this would happen, you are too damned lazy to look up basic EIA total power numbers...Purposefully did not post the numbers as I knew you would embarrass yourself by not bothering to look basics up.  Bravo! 

You know this thing called the Columbia RIver compact with BC?  Yea... The one where they are forced by law with BC to send power back and forth depending on time of year to compensate for different timing of the water flows as it heads down river... that is the total extent of said "imports/exports"

Did you bother with basic EIA state research?  Of course not.  Too busy wagging your ego dick around instead of a basic search since you do not live here.  WA/OR essentially have zero renewables other than a TINY amount of wind on the Oregon side of the Columbia River Gorge which coincides mostly with the spring melt season and maximum hydropower output. 

PNW imports massive amounts of NG from BC/Alberta from which they get 1/3 -->1/2 of their power.  They are massive IMPORTERS, not exporters. 

Stop embarrassing yourself. 

[turbguy + 1,401]

And..it continues...

[turbguy + 1,401]

4 hours ago, footeab@yahoo.com said:

PNW imports massive amounts of NG from BC/Alberta from which they get 1/3 -->1/2 of their power.  They are massive IMPORTERS, not exporters. 

Stop embarrassing yourself. 

1/3rd to 1/2?

Oregon gets 35% from nat gas.

Washington gets 15% from nat gas

Together (assuming the PNW consist of both), they get about 22% from nat gas.

I do see that B.C. in building another 1GW hydro project on the Peace River, expected on line next year.

In 2022 (per Canadian export numbers), it appears Oregon imported about an hourly average of about 56 MW from B.C. (plus a "smidgen" from Alberta).

• Required

  4 hours ago, footeab@yahoo.com said:

  PNW imports massive amounts of NG from BC/Alberta from which they get 1/3 -->1/2 of their power.  They are massive IMPORTERS, not exporters. 

  Stop embarrassing yourself. 

  1/3rd to 1/2?

  Oregon gets 35% from nat gas.

  Washington gets 15% from nat gas

  Together (assuming the PNW consist of both), they get about 22% from nat gas.

  In 2022 (per Canadian export numbers), it appears Washington imported an hourly average of about 426 MW from B.C. (plus a "smidgen" from Alberta).

  In 2022 (per Canadian export numbers), it appears Oregon imported an hourly average of about 56 MW from B.C. (plus a "smidgen" from Alberta).

  I do see that B.C. in building another 1GW hydro project on the Peace River, expected on line next year.

  

  

  

   

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Edited April 19, 2023 by turbguy

[Ecocharger + 1,375]

4 hours ago, notsonice said:

lack of demand and the price falls

Enjoy as Coal declines forever.............

 

the highlight

Renewables are eating into coal’s share, EIA data showed this week.

Last year, U.S. power generation from renewable sources—wind, solar, hydro, biomass, and geothermal—surpassed coal-fired generation in the electric power sector for the first time. The share of coal-fired generation fell from 23% in 2021 to 20% in 2022 as a number of coal-fired power plants retired and the remaining plants were used less, the EIA said.

 

The Coal Price Crash Isn’t Over Yet

 

Editor OilPrice.com

March 30, 2023·2 min read

 

Coal prices in the United States and the benchmark coal price in Australia have plummeted this winter amid milder-than-usual weather and the falling price of natural gas.

Despite the recent slump in coal prices, they will have to fall even further to become competitive with natural gas for power generation again, according to The Wall Street Journal.

Per data from the U.S. Energy Information Administration (EIA), the average weekly coal spot price in Central Appalachia stood at $88.80 per short ton, and that in the Illinois Basin was at $78.45 per short ton in the week to March 24. Coal spot prices were unchanged from the previous week, but they have plunged by 57% since the beginning of this year.

Warmer winter weather, including in Europe, has alleviated pressure on electric power generation and the call on coal reserve plants in Europe, although some UK coal-fired plants were asked to be on standby at times of peak demand on the coldest days and nights this winter.

Despite the drop in coal prices from the record highs seen last year and at the beginning of this year, prices in the United States have to drop further if coal is to become price-competitive with natural gas. Measured in million British thermal units (MMBtu), the price of Central Appalachia coal was $3.55 per MMBtu last week, above the price of the U.S. benchmark natural gas price in the equivalent amount.

The U.S. Henry Hub front-month futures settled on Wednesday below the $2/MMBtu mark— at $1.991 per MMBtu. This was the lowest closing price since the lockdowns in 2020 and a 64% plunge from a year ago.

Natural gas is not coal’s only competitor in electric power generation. Renewables are eating into coal’s share, EIA data showed this week.

Last year, U.S. power generation from renewable sources—wind, solar, hydro, biomass, and geothermal—surpassed coal-fired generation in the electric power sector for the first time. The share of coal-fired generation fell from 23% in 2021 to 20% in 2022 as a number of coal-fired power plants retired and the remaining plants were used less, the EIA said.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com:

And the EIA is predicting a 34% increase in oil demand through 2050....I guess the EIA shows that Biden is really a supporter of fossil fuels.

I guess you better get your handkerchief out again and start weeping.

[Ecocharger + 1,375]

4 hours ago, notsonice said:

 

ha ha ha

 

Coal Peaked in 2013/14 all downhill now for Coal.....Enjoy the transition to renewables

I will repost the facts

and your expected response BS babble....

 

here is reality...as I can tell you are too lazy to support your BS with anything

Coal production peaked in 2013.....

2011.......7,935 million metric tonnes

2012.......8,200 million metric tonnes

2013.......8,225 million metric tonnes

2014.......8,164 million metric tonnes

 

2019      8,108 million metric tonnes

2020......7,559 million metirc tonnes

2021......7,883 million metric tonnes

2022......8,025 million metric tonnes....latest estimate

in other words coal production has been with a  downward slide since 2013

2023 a decline from 2022 is expected

enjoy Coal peaked in 2013

 

and enjoy the transition to renewables

2025 coal production.......ha ha ha you will be lucky to see 7800 million tonnes

2030  oh boy, you will be lucky to see over 7,000 million tonnes..............my bet it will be less than 6500 million tonnes

and since 2013 Electricity production worldwide is up over 20 percent

must suck to be a lover of coal these days.........enjoy reality

 

 

 

 

You having number problems AGAIN? Some people are really slow learners, but that's okay because you are in good company with your liberal friends.

Let me enlighten you again about King Coal, which is roaring ahead to record numbers.

https://blogs.worldbank.org/opendata/declining-coal-prices-reflect-reshaping-global-energy-trade#:~:text=Global production reached an all,domestic consumption and logistic constraints.

"Global production reached an all-time high in 2022. China increased output by 11% compared to 2021, while production in India rose by 16%. In the United States, coal production increased by 3% in 2022, despite the decrease in domestic consumption and logistic constraints. In Indonesia, production has increased to 4% above its annual target. "

Edited April 19, 2023 by Ecocharger

[footeab@yahoo.com + 2,132]

2 hours ago, turbguy said:

1/3rd to 1/2?

Oregon gets 35% from nat gas.

Washington gets 15% from nat gas

Together (assuming the PNW consist of both), they get about 22% from nat gas.

I do see that B.C. in building another 1GW hydro project on the Peace River, expected on line next year.

 

 

 

Ah, so now you agree, no the PNW is NOT an exporter... Oh wait... you never admitted to being an idiot yet... so guess you are still a child.  Then if you wished to ONLY compare hydro to NG, my ratio is about right though not perfect and a bit too high in WA's case but not in Oregon's case.  On top of that you used 1 month... and jumped over to only electricity production.  Big boys use 1 year if they argue in good faith and use total, not a subset.

But hey, not that I expected you to admit your bald faced statements. Instead try to wriggle out on a technicality. 

Washington: https://www.eia.gov/state/print.php?sid=WA

Oregon: https://www.eia.gov/state/print.php?sid=OR

1st graph is all one needs. 

Damn its about time to add another bald faced liar to the ignore list.  Next lie you go on that list.  Life is too damned short.

 

 

 

 

 

 

 

 

 

 

[notsonice + 1,068]

4 hours ago, Ecocharger said:

And the EIA is predicting a 34% increase in oil demand through 2050....I guess the EIA shows that Biden is really a supporter of fossil fuels.

I guess you better get your handkerchief out again and start weeping.

and the price of crude slides down again today.....

hmmmm.....lack of demand

Only way to raise the price is....

Cut output again

OPEC will have no choice nut to cut again

can we say a bust in 2023 demand....

less than 99.7 million BPD for 2023

less than 99.7 million BPD for 2024

and 2025....oh boy EV sales at 25 million units

Oil demand joins coal in the endless slide down 

down 

down

 

Edited April 19, 2023 by notsonice

[notsonice + 1,068]

must suck to be long on Crude...EIA sells a load of BS

 

reality  the FED is in charge

 

the highlights.......signs of weakness in global fuel demand signal an economic slowdown that is bearish for crude prices.  

BARCHART

https://www.barchart.com/story/news/16045035/crude-oil-prices-fall-on-weakness-in-global-fuel-demand#google_vignette

signs of weakness in global fuel demand signal an economic slowdown that is bearish for crude prices.  Crude Oil Prices Fall On Weakness In Global Fuel Demand

Rich Asplund - Barchart - Mon Apr 17, 11:18AM CDT Follow this Author

 

May WTI crude oil (CLK23) this morning is down -1.29 (-1.56%), and May RBOB gasoline (RBJ23) is down -6.57 (-2.32%).  May Nymex natural gas (NGK23) is up +0.177 (+8.37%).

Crude oil and gasoline prices this morning are moderately lower, with gasoline falling to a 1-1/2 week low.  A stronger dollar today is undercutting energy prices.  Also, signs of weakness in global fuel demand signal an economic slowdown that is bearish for crude prices.  

May nat-gas this morning rallied sharply to a 3-week high as a shift in U.S. weather forecasts to winter-like temperatures will boost heating demand for nat-gas.  Forecaster Atmospheric G2 said below-normal temperatures are seen boosting heating demand across the eastern two-thirds of the U.S. from April 22-26.  Also, U.S. LNG exports Sunday climbed to a record 14.9 bcf, a sign of strong foreign demand for U.S. nat-gas supplies.

Signs of weakness in global diesel demand signal an economic slowdown that is bearish for crude prices.  According to data tracked by China's Ministry of Transport, the number of trucks running on Chinese highways fell -8% w/w in the week ended April 9.  Also, U.S. diesel demand is on track to contract -2% this year, according to S&P Global, which would be the biggest drop in U.S. diesel demand in 7 years, not counting the 2020 pandemic year.

Weakness in the crude crack spread is bearish for oil prices.  The crack spread today fell to a 1-1/2 week low, discouraging refiners from purchasing crude to refine into gasoline and distillates.

In a bullish factor, Vortexa reported today that the amount of crude stored on tankers that have been stationary for at least a week fell -17% w/w to 95.6 million bbl in the week ended April 14.

Strength in Chinese crude demand is bullish for prices.  China's General Administration of Customs reported last Thursday that China's Mar crude imports rose +16% m/m to 52.31 MMT (12.37 million bpd), the highest level since June 2020.  China's crude imports year-to-date are up +6.7% y/y at 136.369 MMT.

The ongoing halt of Iraqi crude exports from the Turkish port of Ceyhan is tightening global oil supplies and is bullish for crude prices.  The Turkish government said it wants to negotiate a $1.5 billion settlement that it has been ordered to pay before allowing Iraqi crude exports to resume through its pipeline.  Oil exports of 400,000 bpd from the Turkish port of Ceyhan have been halted since March 25 after Iraq won an arbitration case from the International Chamber of Commerce that said Turkey violated a 1973 pipeline transit agreement by allowing crude from the Kurdish region to be exported without Iraqi government consent.

Crude prices surged on April 3 after OPEC+ announced a surprise oil production cut of more than 1 million bpd starting May 1.  Saudi Arabia said the cuts were a "precautionary measure aimed at supporting the stability of the oil market."  OPEC Mar crude production fell by -80,000 bpd to 29.16 million bpd.

Last Wednesday's EIA report showed that (1) U.S. crude oil inventories as of April 7 were +2.8% above the seasonal 5-year average, (2) gasoline inventories were -6.9% below the seasonal 5-year average, and (3) distillate inventories were -11.6% below the 5-year seasonal average.  U.S. crude oil production in the week ended April 7 rose +0.8% w/w to 12.3 million bpd, only 0.8 million bpd (-6.1%) below the Feb-2020 record-high of 13.1 million bpd.

Baker Hughes reported last Friday that active U.S. oil rigs in the week ended April 14 fell by -2 rigs to a nearly 10-month low of 588 rigs, moderately below the 2-1/2 year high of 627 rigs posted on December 2.  U.S. active oil rigs have more than tripled from the 17-year low of 172 rigs seen in Aug 2020, signaling an increase in U.S. crude oil production capacity

Edited April 19, 2023 by notsonice

[notsonice + 1,068]

the great boom in 2023 oil demand is a bust...China trucking traffic is down 8% as their economy is in a real estate recession

The FED is in charge

 

Fuel that powers the global economy is flashing recession signs

4 min read . Updated: 16 Apr 2023, 09:38 PM ISTBloomberg

 

The drop in diesel demand can be tied to trucking, which uses about 60% of diesel in China and more than 70% in the US (Photo: Reuters)

The demand drop comes after China’s manufacturing activity eased unexpectedly in March, according to a private survey, leading a slide in factory gauges across Asia

 

 

Signs of an economic slowdown are flashing in the global diesel market

eric

In China, the number of trucks running on highways is noticeably down in recent weeks. In Europe, diesel’s premium to crude futures recently plunged to the lowest level in more than a year. In the US, demand is on track to contract 2% in 2023, S&P Global Inc. says. Excluding 2020, when much of the economy briefly came to a standstill, that 2% slump would be the biggest drop in America’s diesel use since 2016. 

No matter how you crunch it, demand for the heavy-machinery fuel that powers everything from commercial trucking fleets to construction equipment is weakening in many of the world’s largest economies. Viewed as an early signal of weaker industrial activity and reduced consumer spending, the pullback has recession-watchers on high alert.“Diesel demand can act as a leading indicator for broader growth as an early sign that spending by households is waning," said Ben Ayers, a senior economist in the US with Nationwide Economics. “An expected drop in diesel demand fits with building recession risks across the economy."

Once the world’s hottest fuel after Russia’s invasion of Ukraine disrupted trade flows, diesel prices have been coming down amid concerns many of the world’s biggest economies have bumpy roads ahead. Economists say there’s a 65% chance of a US recession and a 49% chance of a European one within the next year. In China, the risk is lower but the country’s recovery from its formerly harsh Covid-19 restrictions will still require a marked improvement in consumer confidence, and fast.

Much of the pullback in diesel demand can be tied to trucking, which consumes about 60% of diesel in China and more than 70% in the US. The number of trucks running on Chinese highways fell 8% in the week ended April 9, according to data tracked by China’s Ministry of Transport. Commercial diesel stockpiles nationwide excluding state refineries ballooned to an eight-month high in early April, according to OilChem data.

The demand drop comes after China’s manufacturing activity eased unexpectedly in March, according to a private survey, leading a slide in factory gauges across Asia. Emerging markets in the region including Indonesia — where the government has started cutting subsidies for fuel — are also seeing demand weaken as growth slows, said Daphne Ho, senior analyst at Wood Mackenzie.

Edited April 19, 2023 by notsonice

[Rob Plant + 2,616]

The WCA have produced a policy brief on the recently released IEA’s Coal 2022 report.

https://www.worldcoal.org/policy-brief-iea-coal-2022/

MAIN FINDINGS

• Global coal consumption is set to rise 1.2% in 2022 to reach an all-time high of more than 8 gigatonnes (Gt), exceeding the previous record set in 2013. Global coal-fired power generation is set to rise to a new record of around 10.3 terawatt-hours (TWh), while coal production is forecast to rise by 5.4% to around 8.3 billion tonnes.
• It forecasts the world’s coal consumption will remain flat to 2025 -the time horizon for the report- in the absence of stronger efforts to accelerate the transition to clean energy.
• Higher natural gas prices amid the global energy crisis led to an increased reliance on coal for generating power, but slowing economic growth reduced electricity demand and industrial output.
• In China, the world’s largest coal consumer, drought forced a shortage of renewable power and increased demand for coal power generation during the summer, despite strict Covid-19 restrictions slowing demand.
• In Europe, gas prices and similar shortages in renewables during the summer of 2022 led countries to turn to cheaper coal power, as cooling for nuclear power was compromised in countries like France and hydropower output was weaker.
• The report predicts coal consumption will remain flat between 2022 and 2025; a decline in mature markets in Europe and North America will be offset by strong demand in emerging Asian economies. This means coal will continue to be the global energy system’s largest single source of carbon dioxide (CO2) emissions.
• The largest increase in coal demand is expected to be in India at 7%, followed by the European Union at 6% and China at 0.4%. Europe’s coal demand has risen due to more switching from gas to coal due to high gas prices and as Russian gas has reduced to a trickle. However, by 2025 European coal demand is expected to decline below 2022 levels, the report claims.
• Production is expected to reach a peak by 2025 when the IEA believe it will fall below 2022 levels. The three largest coal producers – China, India and Indonesia – will all hit production records this year but there is no sign of surging investment in export-driven coal projects. This reflects caution among investors and mining companies about the medium- and longer-term prospects for coal, the report claims.

It must be stressed that this is from the world coal association website so you cant get much more PRO COAL than that!

Even they are saying that production will flatline through to 2025 and then fall below 2022 levels.