“A draft of proposals from the European Commission, seen by the Financial Times, shows Brussels projects that extra investment of €195bn will be needed between now and 2027, on top of plans to boost spending on carbon reduction. The EU will also have to cut energy consumption more than previously thought to meet ambitious net zero carbon emissions targets by 2050.”
I also have a few ideas for those smart policy makers:
- We should return to the caves.
- They should held the commission meetings outside or with candles.
- We should not use air travel for a year (use Zoom or Teams to see your family).
- We should eat only 4 days out of 7.
- Etc
Probably, with the crazy food shortage that is coming, a lot of people will die. And those deaths will be on those "smart" policy makers lap, because of their absurd lack of understanding.
I also believe that people are starting to get tired of these burocrats and some political changes are on the way. There's a limit for what we can endure and a t some point the "rope will break" because a lot of folks will be desperate.
PS: I wonder they will get the raw materials for all those nice renewables. Simply idiotic.
Gotta love our leaders, movies stars, and music stars all telling us to cut back on energy consumption to save the planet. Every where these people go they hop in their own private or tax payer funded jet planes.
Current solar panels only last 15 years before they degrade almost to not functioning. The current efficiency rating on panels is 18% to begin with. The highly touted windmill farm off the British coast are falling apart and need serious maintenance. They seem to have forgotten salt water is hell on these structures.
Solar panels last decades, they will degrade 15% to 20% over 20 years i.e: Worst case 10KWh of solar purchased today will still be producing 8KWh in 2042. Storage is the problem not the panels.
I used to install panels for Housing and Urban Development. The best panel in current operation is 20%$ efficient and expensive most are 17% to begin with. The expected lifespan of the panel was/is 15 years. The reason is they no longer produce enough electricity. Go to a manufacturer's website and look at the specs.
Sorry for the late reply. My panels come in at 21% from a free and endless resource. The expected 'usable' lifespan figure is ultra conservative based on a percentage of energy production after x years not on panel failure, a 10kWh modern system's output will degrade 0.5% per year so still belting out 8kWh peak production in 2 decades time, that's still a significant amount of power.
I don't need to look at specs, I researched and built my own system, 100% off-grid, storage is the weakest link but mitigated to the best of my ability using cold and hot thermal masses, I expect residential Bromine flow systems to become more affordable before having to replace my repurposed EV battery bank.
“The EU will also have to cut energy consumption more than previously thought to meet ambitious net zero carbon emissions targets by 2050.”
Funny how none of the government missionaries ever mentions that "cutting energy consumption" = lower living standards for the those whom their policies are meant to serve. I don't ever recall voting for anyone who is bent on lowering my living standards, and why would I?
Human progress is all about increasing living standards, not lowering them! You can and should discuss how to INCREASE living standards more efficiently, but you should NEVER be discussing the lowering of living standards as a goal of ANY policy! (that is just plain backwards thinking)
It would be ironic if a lot of the factories that are about to shut down in the EU due to unaffordable energy actually end up in Russia where energy will continue to be available and affordable. Russia never made that much money through gas exports until last year anyway. It probably makes more sense to use as much as possible domestically for higher value adding purposes. You are probably talking about relocation of European industry to a range of places including Asia, the middle east and North America.
Goodness gracious, imagine that! Talk about a twist. Interestingly enough, during Catherine The Great's time there was an exodus of Europeans to Russia, which was thriving at the time while Europe was in decline. Fun historical fact.
European manufacturing industry was essentially founded on a base of indigenous coal and iron ore. Neither persists, so it makes sense for manufacturing to relocate close to current key factors for production.
Did they get it though? I'm not sure they do, beyond parroting the phrases that the speechwriters put in their mouths.
The whole proposal to increase energy savings from 9% to 13% is just magic maths - moving an objective upwards to save Russian gas bcm's on paper.
Whatever is being put behind this 4% increase (faster deployment of heat pumps, thermostats 1C lower, faster renovation of buildings etc.) is good but not grounded in reality and will be increasingly difficult to sell to the European public and the industry.
Without any meaningful policy changes, high energy prices will do the job - through demand destruction.
I also have a few ideas for those smart policy makers:
- We should return to the caves.
- They should held the commission meetings outside or with candles.
- We should not use air travel for a year (use Zoom or Teams to see your family).
- We should eat only 4 days out of 7.
- Etc
Probably, with the crazy food shortage that is coming, a lot of people will die. And those deaths will be on those "smart" policy makers lap, because of their absurd lack of understanding.
I also believe that people are starting to get tired of these burocrats and some political changes are on the way. There's a limit for what we can endure and a t some point the "rope will break" because a lot of folks will be desperate.
PS: I wonder they will get the raw materials for all those nice renewables. Simply idiotic.
It does seem that right now we're at the point where we wait to see when the rope snaps.
Gotta love our leaders, movies stars, and music stars all telling us to cut back on energy consumption to save the planet. Every where these people go they hop in their own private or tax payer funded jet planes.
Current solar panels only last 15 years before they degrade almost to not functioning. The current efficiency rating on panels is 18% to begin with. The highly touted windmill farm off the British coast are falling apart and need serious maintenance. They seem to have forgotten salt water is hell on these structures.
There's a lot that is being overlooked for the sake of preserving the narrative of the energy transition.
Solar panels last decades, they will degrade 15% to 20% over 20 years i.e: Worst case 10KWh of solar purchased today will still be producing 8KWh in 2042. Storage is the problem not the panels.
Repeat after me
There
Is
No
Problem
Whatsoever
With
Solar
I used to install panels for Housing and Urban Development. The best panel in current operation is 20%$ efficient and expensive most are 17% to begin with. The expected lifespan of the panel was/is 15 years. The reason is they no longer produce enough electricity. Go to a manufacturer's website and look at the specs.
Sorry for the late reply. My panels come in at 21% from a free and endless resource. The expected 'usable' lifespan figure is ultra conservative based on a percentage of energy production after x years not on panel failure, a 10kWh modern system's output will degrade 0.5% per year so still belting out 8kWh peak production in 2 decades time, that's still a significant amount of power.
I don't need to look at specs, I researched and built my own system, 100% off-grid, storage is the weakest link but mitigated to the best of my ability using cold and hot thermal masses, I expect residential Bromine flow systems to become more affordable before having to replace my repurposed EV battery bank.
“The EU will also have to cut energy consumption more than previously thought to meet ambitious net zero carbon emissions targets by 2050.”
Funny how none of the government missionaries ever mentions that "cutting energy consumption" = lower living standards for the those whom their policies are meant to serve. I don't ever recall voting for anyone who is bent on lowering my living standards, and why would I?
Human progress is all about increasing living standards, not lowering them! You can and should discuss how to INCREASE living standards more efficiently, but you should NEVER be discussing the lowering of living standards as a goal of ANY policy! (that is just plain backwards thinking)
It IS funny, isn't it? Truth doesn't keep you in power.
I saw one of your recent substacks on RealClearEnergy this morning. Keep pushing the message! You are one of the good ones.
Thanks. I try to do my best.
Well, McDonalds keeps advertising for a “Double Big Mac” here in Switzerland. Nothing says “austerity” like four hamburger patties...
Yeah, but the patties are only half as big as they used to be so it all evens out...
It would be ironic if a lot of the factories that are about to shut down in the EU due to unaffordable energy actually end up in Russia where energy will continue to be available and affordable. Russia never made that much money through gas exports until last year anyway. It probably makes more sense to use as much as possible domestically for higher value adding purposes. You are probably talking about relocation of European industry to a range of places including Asia, the middle east and North America.
Goodness gracious, imagine that! Talk about a twist. Interestingly enough, during Catherine The Great's time there was an exodus of Europeans to Russia, which was thriving at the time while Europe was in decline. Fun historical fact.
European manufacturing industry was essentially founded on a base of indigenous coal and iron ore. Neither persists, so it makes sense for manufacturing to relocate close to current key factors for production.
Did they get it though? I'm not sure they do, beyond parroting the phrases that the speechwriters put in their mouths.
The whole proposal to increase energy savings from 9% to 13% is just magic maths - moving an objective upwards to save Russian gas bcm's on paper.
Whatever is being put behind this 4% increase (faster deployment of heat pumps, thermostats 1C lower, faster renovation of buildings etc.) is good but not grounded in reality and will be increasingly difficult to sell to the European public and the industry.
Without any meaningful policy changes, high energy prices will do the job - through demand destruction.