Rob Plant + 2,617 RP July 19, 2023 3 hours ago, notsonice said: another Viking Link installs final cable section Construction work on 765km interconnector between Denmark and England will complete in late 2023 e last element of the submarine cable belonging to the 1400MW Viking Link interconnector, between Denmark and the UK, has now been installed on the seabed in the North Sea. The construction work on the 765km Viking Link, the world's longest direct current submarine cable, between Denmark and England is nearing completion, which is scheduled for the end of 2023. The project represents a Dkr13bn investment and constitutes an important part of Denmark's efforts to ensure long-term security of supply of green energy. Together with its English partner National Grid, Energinet has spent 10 years planning and building an electricity connection between the two countries. The work of laying and connecting the cable in the North Sea has been carried out throughout the project by the Italian cable manufacturer Prysmian. The last section of the submarine wire was installed 172km off the Danish coast in German and Dutch waters and took several days to complete. It involved a cable laying process, where a section of the link is taken up from the seabed and connected to a new section – wire by wire – before the complete piece is reinstalled on the seabed by flushing it under the sand so it lies at a depth where it is safely protected. Senior project manager for the cable project at Viking Link, Daniel Johan Brøndum, said: "The cable installation at sea is a highly specialized and technically difficult process to carry out, and there have therefore been many skills and many people involved in such a task. “Both the concrete task of installing the last connecting section of the cable, but also in the overall project. “Over a period of three years, we have installed and connected more than 615km of submarine cable – sometimes the waves have been high and we have been under time pressure from the beginning. “I am therefore immensely proud of the work we have done as a team and that we have been all hands on deck – so to speak – over a long period of time." The cable is now fully established from Revsing ved Vejen, through the Jutland soil, across the seabed, and all the way to Bicker Fen in northern England. The chief executive of electricity transmission at Energinet, Henrik Riis, said: “The completion of the cable laying at Viking Link is a fantastic moment for both the UK and Denmark. “After years of planning and construction, we are fully connected – from one grid to another – and one step closer to sharing green energy with each other for the first time. "When Viking Link is ready to go into operation at the turn of the year, the link will contribute to ensuring security of supply in both countries, as well as in the rest of Europe.” Great news for both countries!👍 Quote Share this post Link to post Share on other sites
notsonice + 1,069 DM July 19, 2023 13 hours ago, Eyes Wide Open said: Ya Don't Say....here we go again...Might you have some Proof of this statement? Loser...Coal is doomed..... thanks to renewables and Sleepy Joe Sleepy Joe is a rock star........ China is building more plants??? who cares when the ones they have are losing money and running at less than 50 percent China has to subsidize coal plants as electricity cost in China is fixed everywhere and coal generated power costs more to generate than the fixed rate thanks to wind and solar.........BOOMING more plants means nothing when they are not even running at 50 percent this year Latest number was 48 percent in the 1st quarter 2nd quarter was less....Industrial production is cratering in China.......enjoy the recession in your beloved China last year it dropped to 52 percent...and the coal plants were losing money........it is dropping more meaning more losses at coal plants and they are building more plants....ha ha ha for no good reason except???? pesky wind and solar ...coal now is less than 50 percent of the mix....can you read the chart on the right below looking like it is plunging 44 at best of installed capacity China coal plants losing money .....oh my at the same time wind and solar making money from https://www.reuters.com/business/energy/chinas-new-coal-plants-set-become-costly-second-fiddle-renewables-2023-03-22/ Coal accounted for 58.4% of China's total power generation last year, but high prices have meant many plants have suffered losses for years. More than half of the country's large coal power firms were loss-making in the first half of 2022, according to the China Electricity Council. And even though many plants were producing more last year to compensate for the decline in hydropower output, the average utilization rate inched down to 52.4%. in 2022 2 Quote Share this post Link to post Share on other sites
notsonice + 1,069 DM July 19, 2023 (edited) Renewables tanking???? Investment in renewables tanking??? Wind power in the UK will be sent to Germany......... UK making cash big time off of the Green Agenda Coal is the biggest loser Work starts on UK, Germany interconnector 19 July 2023 10:1 Construction is now underway on the 1400MW NeuConnect project - a vital new energy link between the UK and Germany that will connect two of Europe’s largest energy markets for the first time. NeuConnect’s cabling contractor Prysmian is starting horizontal directional drilling (HDD) works on the Isle of Grain site in the UK. The HDD works will allow the subsea cables to be brought on-land, and have been selected for the UK site to help minimise the impact on the surface and to the local environment. Further inland from the HDD works in the UK, NeuConnect’s contractor Siemens Energy has now started works on attenuation ponds and the construction of a main access road that will link to the new electricity converter station. The construction of the UK converter station will start next year. Alongside onshore works, ‘pre-installation’ offshore survey works are now underway to prepare the route for subsea cables to be installed in future. The first phase of subsea cable installation will start next year. Separate to the major works now underway in the UK, the production of 725km of cabling is now well underway at Prysmian’s factory in Arco Felice, Italy and Sumitomo’s factory in Osaka, Japan. Major construction work in Germany will start early next year. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and TEPCO, NeuConnect is expected to become one of the world’s largest interconnectors. Some 725km of land and subsea cables will form an ‘invisible energy highway’ between the UK and Germany, allowing electricity to flow in either direction, helping to boost energy security and resilience while also helping to integrate renewable energy sources in both countries. The new converter station on the Isle of Grain in Kent will connect with the Wilhelmshaven region in Lower Saxony, northern Germany via subsea cables travelling through British, Dutch and German waters. NeuConnect is expected to be operational by 2028. UK Minister for Investment, Lord Johnson said: "This £2.4bn project doesn’t just demonstrate continued global investor confidence in the UK, but also the successful work we are doing with our European neighbours to drive investment and deliver vital new infrastructure. "The first spade in the ground is a significant milestone on a project of national importance, so I offer my congratulationsto NeuConnect and its investors." Miguel Berger, German Ambassador to the United Kingdom, added: "NeuConnect is a key project to support Germany and the UK in achieving their climate targets and to boost energy security. It is the largest Anglo-German infrastructure project and will enable us to share excess power – preventing renewable energy from being wasted. "NeuConnect’s 725km power highway will be the first direct energy link between the UK and Germany. "With construction underway in Kent, and major construction due to start early next year in Wilhelmshaven at the German end, speedy progress can be expected." NeuConnect reached Financial Close in July 2022 with a consortium of more than 20 national and international banks and financial institutions including the UK Infrastructure Bank, European Investment Bank (EIB), and Japan Bank for International Cooperation (JBIC). Since Financial Close last year, a range of site surveys and archaeological activities have been carried out, allowing construction work to now begin in the UK. Edited July 19, 2023 by notsonice 1 Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,539 July 19, 2023 (edited) 6 hours ago, notsonice said: thanks to wind and solar.........BOOMING As I've stated earlier "Here We Go Again"....BOMMING is quite accurate however ..Your quite accommodating. Once again Green Energy is wreaking HAVOC, One continent at a time...time after after time. China has already approved more new coal in 2023 than it did in all of 2021 — Greenpeace This redoubled coal investment comes at the expense of desperately-needed improvements to China’s electric grid and energy storage capacity that would make it easier for existing capacity to meet periods of high energy demand. https://www.greenpeace.org/eastasia/press/7939/china-has-already-approved-more-new-coal-in-2023-than-it-did-in-all-of-2021-greenpeace/#:~:text=Climate %26 Energy-,China has already approved more new coal in 2023 than,in all of 2021 — Greenpeace&text=Beijing – Provincial governments in China,frequently citing energy security concerns. Edited July 19, 2023 by Eyes Wide Open Quote Share this post Link to post Share on other sites
Polyphia + 69 LT July 19, 2023 55 minutes ago, Eyes Wide Open said: As I've stated earlier "Here We Go Again"....BOMMING is quite accurate however ..Your quite accommodating. Once again Green Energy is wreaking HAVOC, One continent at a time...time after after time. China has already approved more new coal in 2023 than it did in all of 2021 — Greenpeace This redoubled coal investment comes at the expense of desperately-needed improvements to China’s electric grid and energy storage capacity that would make it easier for existing capacity to meet periods of high energy demand. https://www.greenpeace.org/eastasia/press/7939/china-has-already-approved-more-new-coal-in-2023-than-it-did-in-all-of-2021-greenpeace/#:~:text=Climate %26 Energy-,China has already approved more new coal in 2023 than,in all of 2021 — Greenpeace&text=Beijing – Provincial governments in China,frequently citing energy security concerns. There is no mention in the article of what the 2021 numbers were for approved new coal. And if you extrapolate from the first three months of 2023, the number of GW of new coal at the end of 2023 would be below that of 2022. 1 Quote Share this post Link to post Share on other sites
notsonice + 1,069 DM July 19, 2023 (edited) 2 hours ago, Eyes Wide Open said: As I've stated earlier "Here We Go Again"....BOMMING is quite accurate however ..Your quite accommodating. Once again Green Energy is wreaking HAVOC, One continent at a time...time after after time. China has already approved more new coal in 2023 than it did in all of 2021 — Greenpeace This redoubled coal investment comes at the expense of desperately-needed improvements to China’s electric grid and energy storage capacity that would make it easier for existing capacity to meet periods of high energy demand. https://www.greenpeace.org/eastasia/press/7939/china-has-already-approved-more-new-coal-in-2023-than-it-did-in-all-of-2021-greenpeace/#:~:text=Climate %26 Energy-,China has already approved more new coal in 2023 than,in all of 2021 — Greenpeace&text=Beijing – Provincial governments in China,frequently citing energy security concerns. BOMMING is quite accurate however???? wtf is bomming??? you hitting the bottle again???? I posted the info and you do not bother to address it, as usual you then decline to comment when you are shown the facts which contradict your BS Reality the utilization rate for China's coal power plants if falling due to renewables and 2023 renewables are booming in China utilization rate in China will keep failing (same as the US) Your hopes for a world of more coal are being dashed. Only a drunken Idiot would want more coal burning. Edited July 19, 2023 by notsonice Quote Share this post Link to post Share on other sites
Rob Plant + 2,617 RP July 20, 2023 20 hours ago, notsonice said: Renewables tanking???? Investment in renewables tanking??? Wind power in the UK will be sent to Germany......... UK making cash big time off of the Green Agenda Coal is the biggest loser Work starts on UK, Germany interconnector 19 July 2023 10:1 Construction is now underway on the 1400MW NeuConnect project - a vital new energy link between the UK and Germany that will connect two of Europe’s largest energy markets for the first time. NeuConnect’s cabling contractor Prysmian is starting horizontal directional drilling (HDD) works on the Isle of Grain site in the UK. The HDD works will allow the subsea cables to be brought on-land, and have been selected for the UK site to help minimise the impact on the surface and to the local environment. Further inland from the HDD works in the UK, NeuConnect’s contractor Siemens Energy has now started works on attenuation ponds and the construction of a main access road that will link to the new electricity converter station. The construction of the UK converter station will start next year. Alongside onshore works, ‘pre-installation’ offshore survey works are now underway to prepare the route for subsea cables to be installed in future. The first phase of subsea cable installation will start next year. Separate to the major works now underway in the UK, the production of 725km of cabling is now well underway at Prysmian’s factory in Arco Felice, Italy and Sumitomo’s factory in Osaka, Japan. Major construction work in Germany will start early next year. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and TEPCO, NeuConnect is expected to become one of the world’s largest interconnectors. Some 725km of land and subsea cables will form an ‘invisible energy highway’ between the UK and Germany, allowing electricity to flow in either direction, helping to boost energy security and resilience while also helping to integrate renewable energy sources in both countries. The new converter station on the Isle of Grain in Kent will connect with the Wilhelmshaven region in Lower Saxony, northern Germany via subsea cables travelling through British, Dutch and German waters. NeuConnect is expected to be operational by 2028. UK Minister for Investment, Lord Johnson said: "This £2.4bn project doesn’t just demonstrate continued global investor confidence in the UK, but also the successful work we are doing with our European neighbours to drive investment and deliver vital new infrastructure. "The first spade in the ground is a significant milestone on a project of national importance, so I offer my congratulationsto NeuConnect and its investors." Miguel Berger, German Ambassador to the United Kingdom, added: "NeuConnect is a key project to support Germany and the UK in achieving their climate targets and to boost energy security. It is the largest Anglo-German infrastructure project and will enable us to share excess power – preventing renewable energy from being wasted. "NeuConnect’s 725km power highway will be the first direct energy link between the UK and Germany. "With construction underway in Kent, and major construction due to start early next year in Wilhelmshaven at the German end, speedy progress can be expected." NeuConnect reached Financial Close in July 2022 with a consortium of more than 20 national and international banks and financial institutions including the UK Infrastructure Bank, European Investment Bank (EIB), and Japan Bank for International Cooperation (JBIC). Since Financial Close last year, a range of site surveys and archaeological activities have been carried out, allowing construction work to now begin in the UK. Great news! This is together with the link with Denmark underway and we already have links with Ireland, Norway, France, and Holland. We can now sell our wind powergen which costs us no fuel to most of our neighbours. The reason they want it is because its CHEAP. When the wind doesnt blow we get Norway's pumped storage Hydro and Nuclear from France. The deniers on here saying wind energy is a disaster really are barking up the wrong tree. Quote Share this post Link to post Share on other sites
Rob Plant + 2,617 RP July 25, 2023 Octopus Energy Plans To Invest $20 Billion In Offshore Wind https://oilprice.com/Latest-Energy-News/World-News/Octopus-Energy-Plans-To-Invest-20-Billion-In-Offshore-Wind.html 1 Quote Share this post Link to post Share on other sites
notsonice + 1,069 DM July 27, 2023 (edited) renewables tanking??? not in the US.... Renewables are fueling a booming US economy https://qz.com/us-gdp-growth-sped-past-expectations-as-business-invest-1850681903 US GDP growth sped past expectations as business investment surged US business investment rose by 7.7% in the second quarter, as firms poured money into buildings and equipment as part of their expansion By Nate DiCamillo Published The latest US gross domestic product data data surprised economists, increasing by 2.4% in the second quarter of 2023. This was far above the 1.8% increase forecast by economists, as well as the 2% growth reported in the first quarter, according to a new report from the Bureau of Economic Analysis. Economic growth was strong, in particular, because businesses continued to invest in buildings and equipment that will allow them to manufacture more goods and offer more services. This swell of investment in operations was, in part, driven by corporations trying to front-run the federal government spending that’s being funneled to various parts of the US economy. June jobs report: The US labor market keeps chugging along with lower unemployment The Inflation Reduction Act, CHIPs Act, and Bipartisan Infrastructure Law, the Biden administration’s key legislative achievements, are lending confidence to business leaders. In a way, their influence has been greater than that of the Federal Reserve’s cycle of rate hikes, which has made borrowing more expensive for companies. Meanwhile, the US’s nominal GDP—which is growth unadjusted for inflation—continues to fall, showing that inflation is in steady retreat. That is good news for Fed officials, who have been looking to bring down inflation without crashing the economy. In its most recent forecasts, the Fed staff said they are no longer expecting a recession in the US. The US economy will likely grow faster in the rest of 2023 Weak consumer spending and residential investment kept second-quarter GDP from being higher than it could have been. Both of these measures are bound to strengthen in the second quarter, according to Neil Dutta, head of Renaissance Macro Research, a brokerage firm. New home sales swelled in the first half of this year, which portends future spikes in residential investment. Car sales are also increasing, as consumers see their inflation-adjusted wages rise thanks to a strong labor market and a decline in inflation. Edited July 27, 2023 by notsonice Quote Share this post Link to post Share on other sites
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