Many argue for a distributed grid, but I believe it was Mike Conley that drew the distinction that matters: whether that is an inter-dependant grid of intermittent collectors, or a grid of independent dispatchable generators.
Obviously, the global elites favor the former, where they can disconnect you (and your BEV), your city, or even your whole country, because without external support, there is no reliable power, and all that awaits is ruin. It's a wonderful tool for global hegemony, working at all levels. So, please do support "freedom molecules", which can be synthesized affordably with nuclear heat,
Nuclear is (or can be) economically viable down to the megawatt scale, allowing every community the potential to be self-sufficient and free. That scale is also good match for human social structures, allowing us to rein in the worst of our kind, and readily see through their deceptions.
Uranium is a problem though, as there are few locations where it is concentrated, and an enormous amount will be needed if we go that route, making it a natural target for those seeking control. Also a needless expense and bottleneck for scaling; thorium presents an opportunity to decouple energy from mining, allowing very rapid deployment.
I’m certified crazy, of course, believing that any power producing device or system should be profitable and not require sugar daddy subsidies. It takes money to get anything going, of course, and capitalist solutions to energy needs are the only ones worth pursuing.
Even though I see the stupidity and malevolence every day with the net zero crowd, they still manage to shock me. Such a lack of understanding of the most basic characteristics of a functioning energy system, and/or they have forfeited their honor and integrity to go along with the grift. It is infuriating.
I used to think they were ignorant, then I moved on to they were too stupid to understand even when it was explained, but now I have come to realize that they are simply evil, seeking to impoverish as many people as possible as they believe they will be left with all the power in both meanings, energy and political
I guess the fast money can be made at the margins of the 'Duck Curve', hence the 'pile-in-on' grid sizes batteries. They will 'acquire' curtailing solar and wind and time shift to 'peak load'. Much better than the EU green hydrogen hub pipeline 'boondoggle' which 'Zee Germans' seem fixated on?
"Freedom Molecules" another Irina gem to make me smile! Thanks. It is quarter 2 reporting and I have been eagerly examining my O&G and renewable stocks. In a moment of pure madness I decided to hedge O&G with renewables. I am getting old. However, In operating income terms, revenue minus costs there are some continuing fun facts in Q4. I use Operating Income, OI, always buried at the end of the reports, because the Adjusted Income, often with a large Other bracket, redefines actual operational performance with the fact it rained on Sunday and St Swiffen visited on Tuesday, etc. So here's a quick rundown using Bruce Metrics. A large French organization had a combined Oil & Gas OI margin of 46.73%. Renewables and energy generation OI margin of 3.89%. They were the renewable star. A large Norwegian organization had a 62.5 OI margin on O&G with a whopping -185% margin on Renewables. A large US O&G company with no renewables had an O&G OI margin of 61.7%. A large Renewables only division of a large American Renewables only (With a little Gas midstream pipeline left in their portfolio) saw the Renewable Generation OI margin in at a sterling -1.39% margin. (Adjusted they made 9% return because well, it looks a lot better than -1.39%. ) So by Bruce Metrics, how the operation is actually running, O&G is still kicking renewable's ass. And interesting fact number 2, the market is rewarding all the O&G players and punishing the renewable players. I am now hedging the renewable losses with more O&G pure plays.
Germany slipped! Really!! No one could have ever thought that when you remove the electricity and heat sources needed to operate a manufacturing site the the site would not operate . . . And people elected these unabashed idiots. Then the UK surfaces all proud and beaming with joy to the tune we too have destroyed our industrial base . . . But had to separate from the eu due to untenable policies!! And people voted for these politicians. After all, perhaps the people are just a little bit more incapable if intelligent activity and analytical thought than politicians - which means excrement not only flows downhill it also rises in a cesspool of itself? And further are the leftist greenies who believe they can control climate by making up imaginary credits to be sold! And they still think (not actually, but espouse) that CO2 is killing the planet so we need eliminate it . . . Next is consuming oxygen when you breathe - oh wait they don’t like that either as long as it’s not them the self proclaimed elites.
The world has gone completely insane. Truly weird.
Thank you Irina! Your colourful and entertaining writing style and sense of irony work well on this Brit.
In return, much more grounded than the daftness you report, and in case you haven't come across him, I'm an evangelist for the work of the late Prof David Mackay, a Cambridge physicist and former Chief Scientific Advisor to the Department of Energy and Climate Change ( DECC ), who sadly succumbed to cancer in 2016 aged 48 - a tragic loss. A memorable quote of his is: "I'm not trying to be pro-nuclear. I'm just pro-arithmetic”.
Thank you, Ian. I did learn from some British greats. :) Thank you for the links. I have heard the name of Professor Mackay but I hadn't read any of his work.
Yup, it's all weird if you're a Wokester Carbon hater. For the rest of us, the data matters. There ain't no "renewables transition," folks. Great letter, Irina.
Irana, thank you for your incisiveness and pointing out the weird nonsense that goes for rational thinking. I wonder if you get time you could look at my country, Australia and comment on the absurdities that are going on here
UK drops out of the top ten manufacturing Countries - actually this highlights a very important thing. The UK manufacturing output today, is about the same as it was in the 1980s Thatcher boom. However the emerging, developing Countries, are… well … emerging and developing, so UK’s participation in manufacturing output is a smaller percentage of an increased global whole. And that means the World outside the suicidal Western Countries is where economic growth is taking place at an increasing rate. It also means the UK has not increased its manufacturing output in line with developing Nations. That’s a worry.
In fact increased capacity in UK industrial output has been transferred mostly to China to advance that worthy pursuit, lowering carbon emissions - so we have exported our potential to increase output in order to export our carbon emissions. Good plan.
85% of the global economy is outside a European area whose economies are shrinking. During the Brexit debate, pointing out that Britain would be better off free to trade with a rapidly expanding global economy rather than trapped mostly having to trade in a shrinking EU economy - typified by Germany’s decline as you point out - just fell on deaf ears. Having escaped, the current bunch of recently elected nitwits are working hard to tether us again to the sinking EU wreck.
Similarly Net Zero is an obsession in declining economies not shared by the BRICS and others. The decline can be attributed to increased energy prices, mis-allocation of resources to ‘decarbonisation’ in the futile attempt to make the unworkable work, and lake the impossible possible. On top of this millions of immigrants doing no work or low productivity jobs, and a vast array of people on the Government payroll being paid to do jobs that produce nothing that creates wealth, prevents economic growth, hurrying its decline.
Apart from that everything is fine in Euro fantasy land.
“Freedom molecules” ha
Many argue for a distributed grid, but I believe it was Mike Conley that drew the distinction that matters: whether that is an inter-dependant grid of intermittent collectors, or a grid of independent dispatchable generators.
Obviously, the global elites favor the former, where they can disconnect you (and your BEV), your city, or even your whole country, because without external support, there is no reliable power, and all that awaits is ruin. It's a wonderful tool for global hegemony, working at all levels. So, please do support "freedom molecules", which can be synthesized affordably with nuclear heat,
Nuclear is (or can be) economically viable down to the megawatt scale, allowing every community the potential to be self-sufficient and free. That scale is also good match for human social structures, allowing us to rein in the worst of our kind, and readily see through their deceptions.
Uranium is a problem though, as there are few locations where it is concentrated, and an enormous amount will be needed if we go that route, making it a natural target for those seeking control. Also a needless expense and bottleneck for scaling; thorium presents an opportunity to decouple energy from mining, allowing very rapid deployment.
Can't claim credit for that. :D
https://www.forbes.com/sites/jamesellsmoor/2019/05/30/trump-administration-rebrands-carbon-dioxide-as-molecules-of-u-s-freedom/
Ha of course it’s trump thing
:D
I’m certified crazy, of course, believing that any power producing device or system should be profitable and not require sugar daddy subsidies. It takes money to get anything going, of course, and capitalist solutions to energy needs are the only ones worth pursuing.
I imagine an 800% yearly increase will perk up a few citizens interest in the thermodynamically incompetent sham that is renewable energy.
If wholesale prices are up that much, I'm wondering what will happen to retail? Nothing good, I'm sure.
I fear I will find out as I am a customer
Sorry to hear this. Do let us know, please.
I guess it will be next year's problems, but will do
I hope so.
Even though I see the stupidity and malevolence every day with the net zero crowd, they still manage to shock me. Such a lack of understanding of the most basic characteristics of a functioning energy system, and/or they have forfeited their honor and integrity to go along with the grift. It is infuriating.
I used to think they were ignorant, then I moved on to they were too stupid to understand even when it was explained, but now I have come to realize that they are simply evil, seeking to impoverish as many people as possible as they believe they will be left with all the power in both meanings, energy and political
Andy, I think you have exactly hit the nail on the head.
unfortunately, that doesn't make me feel better
That it is, yes.
I guess the fast money can be made at the margins of the 'Duck Curve', hence the 'pile-in-on' grid sizes batteries. They will 'acquire' curtailing solar and wind and time shift to 'peak load'. Much better than the EU green hydrogen hub pipeline 'boondoggle' which 'Zee Germans' seem fixated on?
"When the going gets weird, the weird turn pro" - Hunter S Thompson. Gold Medal post!
"Freedom Molecules" another Irina gem to make me smile! Thanks. It is quarter 2 reporting and I have been eagerly examining my O&G and renewable stocks. In a moment of pure madness I decided to hedge O&G with renewables. I am getting old. However, In operating income terms, revenue minus costs there are some continuing fun facts in Q4. I use Operating Income, OI, always buried at the end of the reports, because the Adjusted Income, often with a large Other bracket, redefines actual operational performance with the fact it rained on Sunday and St Swiffen visited on Tuesday, etc. So here's a quick rundown using Bruce Metrics. A large French organization had a combined Oil & Gas OI margin of 46.73%. Renewables and energy generation OI margin of 3.89%. They were the renewable star. A large Norwegian organization had a 62.5 OI margin on O&G with a whopping -185% margin on Renewables. A large US O&G company with no renewables had an O&G OI margin of 61.7%. A large Renewables only division of a large American Renewables only (With a little Gas midstream pipeline left in their portfolio) saw the Renewable Generation OI margin in at a sterling -1.39% margin. (Adjusted they made 9% return because well, it looks a lot better than -1.39%. ) So by Bruce Metrics, how the operation is actually running, O&G is still kicking renewable's ass. And interesting fact number 2, the market is rewarding all the O&G players and punishing the renewable players. I am now hedging the renewable losses with more O&G pure plays.
The freedom molecules came fro Rick Perry's DoE, it's not my idea, I regret to say. :)
Bruce, if I ever earn enough to invest, I will ask for advice.
Germany slipped! Really!! No one could have ever thought that when you remove the electricity and heat sources needed to operate a manufacturing site the the site would not operate . . . And people elected these unabashed idiots. Then the UK surfaces all proud and beaming with joy to the tune we too have destroyed our industrial base . . . But had to separate from the eu due to untenable policies!! And people voted for these politicians. After all, perhaps the people are just a little bit more incapable if intelligent activity and analytical thought than politicians - which means excrement not only flows downhill it also rises in a cesspool of itself? And further are the leftist greenies who believe they can control climate by making up imaginary credits to be sold! And they still think (not actually, but espouse) that CO2 is killing the planet so we need eliminate it . . . Next is consuming oxygen when you breathe - oh wait they don’t like that either as long as it’s not them the self proclaimed elites.
The world has gone completely insane. Truly weird.
Great weird post, Irina. The Starma gov doubling down on offshore wind subsides and the PJM wholesale price increase are whoppers.
Thank you Irina! Your colourful and entertaining writing style and sense of irony work well on this Brit.
In return, much more grounded than the daftness you report, and in case you haven't come across him, I'm an evangelist for the work of the late Prof David Mackay, a Cambridge physicist and former Chief Scientific Advisor to the Department of Energy and Climate Change ( DECC ), who sadly succumbed to cancer in 2016 aged 48 - a tragic loss. A memorable quote of his is: "I'm not trying to be pro-nuclear. I'm just pro-arithmetic”.
Prof Mackay can be seen giving a very interesting talk here: https://www.youtube.com/watch?v=GFosQtEqzSE and his excellent and readable book (downloadable free) here: https://www.withouthotair.com/
Everything is backed up with numbers, approximations if needs be, rather than waffle.
Best wishes.
Thank you, Ian. I did learn from some British greats. :) Thank you for the links. I have heard the name of Professor Mackay but I hadn't read any of his work.
Hello Irina: if you are able to view the much-followed substack of Robert Bryce https://robertbryce.substack.com/p/global-power-demand-is-soaring-iea you may be able to see in the comments that I've given you an honourable mention.
Thank you!
T.S.Elliot says it best about the zero emissions crowd “Between the idea
And the reality
Between the motion
And the act
Falls the Shadow”
One of the very few poets I truly love. Thank you for this quote.
Amazing.
If it gets any weirder, all of Nantucket will be using those broken pieces of fiberglass washing up on the beach to burn for heat this winter.
Yup, it's all weird if you're a Wokester Carbon hater. For the rest of us, the data matters. There ain't no "renewables transition," folks. Great letter, Irina.
Thank you, the laughs I got from reading this made my day!
Very happy to hear it!
Irana, thank you for your incisiveness and pointing out the weird nonsense that goes for rational thinking. I wonder if you get time you could look at my country, Australia and comment on the absurdities that are going on here
It's my pleasure, Colin. Thanks for the idea. I really should look more deeply into Australia's brand of transition madness, indeed.
UK drops out of the top ten manufacturing Countries - actually this highlights a very important thing. The UK manufacturing output today, is about the same as it was in the 1980s Thatcher boom. However the emerging, developing Countries, are… well … emerging and developing, so UK’s participation in manufacturing output is a smaller percentage of an increased global whole. And that means the World outside the suicidal Western Countries is where economic growth is taking place at an increasing rate. It also means the UK has not increased its manufacturing output in line with developing Nations. That’s a worry.
In fact increased capacity in UK industrial output has been transferred mostly to China to advance that worthy pursuit, lowering carbon emissions - so we have exported our potential to increase output in order to export our carbon emissions. Good plan.
85% of the global economy is outside a European area whose economies are shrinking. During the Brexit debate, pointing out that Britain would be better off free to trade with a rapidly expanding global economy rather than trapped mostly having to trade in a shrinking EU economy - typified by Germany’s decline as you point out - just fell on deaf ears. Having escaped, the current bunch of recently elected nitwits are working hard to tether us again to the sinking EU wreck.
Similarly Net Zero is an obsession in declining economies not shared by the BRICS and others. The decline can be attributed to increased energy prices, mis-allocation of resources to ‘decarbonisation’ in the futile attempt to make the unworkable work, and lake the impossible possible. On top of this millions of immigrants doing no work or low productivity jobs, and a vast array of people on the Government payroll being paid to do jobs that produce nothing that creates wealth, prevents economic growth, hurrying its decline.
Apart from that everything is fine in Euro fantasy land.
"so we have exported our potential to increase output in order to export our carbon emissions"
and in the process, exchanged the burning of gas for coal.