Extreme Market Distortion: German Power Prices Could Be Negative 1000 Hours A Year!

Extreme Market Distortion: German Power Prices Could Be Negative 1000 Hours A Year!:

Germany’s Energiewende is faltering badly.

At least that’s what Christoph Eisenring of the Zurich based daily NZZ writes here, claiming the Energiewende (transition to renewable energies) is a false model for the rest of the world.

The truth is that the Energiewende is on the same path as the construction of the Berlin BER airport – racing down the highway to total debacle – something that everyone is doing their damnedest to ignore and wishing it would just go away.

Moreover, Eisenring writes, it is causing “collateral damage” to Germany’s neighboring countries, as huge supply fluctuations threaten to destabilize their grids and electricity markets.

Only 1% of rated capacity!

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Study: India won’t be able to meet Paris Climate Agreement commitments due to expanding coal power plants

Study: India won’t be able to meet Paris Climate Agreement commitments due to expanding coal power plants:

AMERICAN GEOPHYSICAL UNION WASHINGTON, DC — India will not be able to meet its Paris climate agreement commitments in the coming years if it carries through with plans to build nearly 370 coal-fired power plants, a new study finds.

H/t reader kevin a.

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Solar Roadways: Busted! (Video)

Related info:

Solar Road Costs $4.3 Million – Generates Enough Power To Run ONE Microwave


Jul 15, 2014

After the solar roadways project made all these claims that they were basically ready to start manufacturing their solar roadway panels… turns out, that merely 4 years ago, the thought it would take ~50 million USD.
This is ignoring all the other issues they had:
-no functional road surface
-no plan for road manufacture
-no cost realistic plans for implementation of power transport systems.

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South Australia Demolishes their Last Coal Power Station

And now the climate will change and it will get cold down under.


South Australia Demolishes their Last Coal Power Station:

While Federal politicians bicker, South Australia, the world’s renewable crash test dummy, has wasted no time demolishing their last viable coal power station, to lock in their pursuit of an energy free future.

Senate inquiry sparks ideological fight over Australia’s energy supply and climate change

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Hazelwood Countdown: One 53 years old coal plant makes more electricity than Australia’s entire wind industry

Hazelwood Countdown: 53 years old and making more electricity than Australia’s entire wind industry:

One old coal plant makes more electricity than all the wind farms

H/t reader kevin a.

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Nearly 338 gigawatts of coal power capacity under construction worldwide and another 1,085 gigawatts of capacity in various phases of permitting or planning. This is the equivalent of 1,500 large coal plants

As of January 2016, the report’s authors found, there were nearly 338 gigawatts of coal power capacity under construction worldwide and another 1,085 gigawatts of capacity in various phases of permitting or planning. This is the equivalent of 1,500 large coal plants

Source

H/t reader kevin a.

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German Power Sector In Massive Trauma As Electricity Giant EON Set To Post Colossal €12.4 BILLION Loss!

German Power Sector In Massive Trauma As Electricity Giant EON Set To Post Colossal €12.4 BILLION Loss!:

The ‘Energiewende’ (transition to green energies) risks leading to a complete meltdown of Germany’s power generation sector.

The latest news is that German electricity giant Eon expects to post a massive 12.4 billion euro loss for the year 2016, NTV news site writes here. Careful not to link the loss to Germany’s failing renewable energy bid, NTV blames it on Eon subsidiary Uniper and its write-downs for “spun-off nuclear power plant business” and the “strongly fallen wholesale power prices“.

Eon share prices plummeted from €7.57 a share earlier this weak to €6.98 by early Thursday morning, before clawing back up to €7.15 in Friday trading.

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Green Energy Is Causing Power Shortages In Europe During An Awful Winter

Green Energy Is Causing Power Shortages In Europe During An Awful Winter

H/t reader kevin a:

“Green Energy Is Causing Power Shortages In Europe During An Awful Winter

http://dailycaller.com/2017/02/09/green-energy-is-causing-power-shortages-in-europe-during-an-awful-winter/#ixzz4YVwJZZDO
Green energy subsidies and mandates have greatly increased the price of electricity throughout Germany, especially, which has some of the continent’s highest power prices. The German government has mandated that the nuclear reactors be replaced with wind or solar power, but the estimated cost of doing so is over $1.1 trillion.

http://www.diw.de/documents/publikationen/73/diw_01.c.505850.de/15-22-1.pdf
If you can translate a little that would be great.”

I can translate it, but I have no time.

Sorry about that.

Google translation: HERE

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Global coal power: capacity keeps going up, utilisation goes down

Global coal power: capacity keeps going up, utilisation goes down:

While the amount of electricity generated from coal has declined for two years in a row and utilisation rates of coal power plants have been going down, energy companies continue to build new coal-fired generating plants at a rapid pace. Worldwide the equivalent of 1500 coal plants is under construction or in various stages of planning, Karel Beckmann writes.

H/t reader kevin a.

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In 2016, Solar Employed More People in Electricity Generation Than Gas, Coal, & Oil COMBINED

In 2016, Solar Employed More People in Electricity Generation Than Gas, Coal, & Oil COMBINED:

A new U.S. Energy and Employment Report is providing yet another indication that our energy paradigm is rapidly shifting away from fossil fuels. The most promise for jobs lies in clean energy, with solar jobs in particular rising at a tremendous rate.

The U.S. Dept. of Energy’s second annual report found that, in 2016, solar employment was almost double that of fossil fuel employment in the Electric Power Generation sector.

“Proportionally, solar employment accounts for the largest share of workers in the Electric Power Generation sector. This is largely due to the construction related to the significant buildout of new solar generation capacity. Solar technologies, both photovoltaic and concentrating, employ almost 374,000 workers, or 43 percent of the Electric Power Generation workforce. This is followed by fossil fuel generation employment, which accounts for 22 percent of total Electric Power Generation employment and supports 187,117 workers across coal, oil, and natural gas generation technologies.

Rising employment in solar, wind, and natural gas coincides with the shift in energy generation by source, especially given recent large-scale distributed and utility-scale solar capacity additions.”

The total number of jobs in the Traditional Energy and Efficiency sectors was 6.4 million for 2016, which includes: 1) electric power generation and fuels, 2) transmission, distribution and storage, 3) energy efficiency, and 4) motor vehicles.

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MIT Study Shows Wind Power Can NEVER Compete with Conventional Sources

MIT Study Shows Wind Power Can NEVER Compete with Conventional Sources:

In their sillier moments, the wind industry, its parasites and spruikers pitch the line that their pointless product is not only getting cheaper all the time, but go so far as to claim that wind power is already cheaper than gas and coal-fired power. Risible PR antics aside, the wind industry has always had a troubled relationship with the facts.

Now, coming to their aid in that regard is a study pulled together by the heavy-hitters hailing from the hallowed halls of the Massachusetts Institute of Technology (MIT).

When pressed on the facts, the wind-cultist resorts to personal attacks on their challenger’s academic cred. Up against the best and brightest that America has to offer, STT is not so sure that strategy will offer any hope to the wind industry’s already panicked spin kings in resisting the bleeding obvious.

MIT: Green Energy Can’t Work Unless You Tax Everything
The Daily Caller
Andrew Follett
25 February 2016

Researchers at the Massachusetts Institute of Technology have confirmed what many in the energy world already knew: Without government support or high taxes, green energy will never be able to compete with conventional, more reliable power plants.

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How Texas Became A Leader In Wind Power Under Climate Change Denier Rick Perry

FYI.

Related info:

Trump Formally Announces Choice Of Bilderberger Rick Perry As Energy Secretary

Trump Picks Bilderberger Rick Perry To Lead Energy Department (That He Wanted To Do Away With In 2011)


How Texas Became A Leader In Wind Power Under Climate Change Denier Rick Perry:

AUSTIN, Texas — On Tuesday, Donald Trump announced Rick Perry, the avowed climate change denier and former governor of Texas, is headed to the White House as the president-elect’s pick to head the Department of Energy.

While Perry actually helped turn Texas into a leader in wind power generation, the name of the department he’s been tapped to head eluded the governor in a now infamous incident at a 2011 Republican presidential debate during the first of his two unsuccessful bids for president.

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