Monthly Archives: June 2020
Want The World’s Most Expensive & Unreliable Electricity? Try Offshore Wind Power
What Happened To Greenland’s Tipping Point?
Swallowing the Green manifesto leaves a nasty taste in Ireland
Vegans Fall Out Over Gretaburger
By Paul Homewood
h/t Dave Ward
People are calling out the “tone deaf” decision of Australian restaurant Lazy Gramps to name one of their burgers the ‘Greta Thunburger’.
The plant-based burger’s description on Uber Eats says it’s “full of hot air, light on facts and high in carbon monoxide”.
It also says “you ruined my meat”, a reference to Greta Thunberg’s 2019 speech to the UN in which she said “you have stolen my childhood with your empty words”.
I’m sure we could think of other things to name after St Greta!
Dummies Guide To Renewable Subsidies–Part II
By Paul Homewood
Last week I looked at the mechanics of how renewable subsidies are paid, now I will look at just how much they are costing us all.
First of all we need to check out the wholesale market price of electricity in the UK, as this is integral to the calculation.
Prices are £/MWh, and the graph is interactive, if you click on the link:
https://www.energybrokers.co.uk/electricity/historic-price-data-graph
As a rule of thumb, wholesale prices in the last few years has hovered around £50/MWh, but prices began dropping last year to under £40/MWh, even before COVID. With falling oil and gas prices and low demand this year, prices are now around £20/MWh.
Government projections of fossil fuel and power prices have for many years assumed a trend rising above inflation. In turn this has given them an excuse for baking in higher renewable costs. The reality has been the opposite.
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China Adds New Wave Of Coal Plants After Lifting Curbs
By Paul Homewood
A wave of new coal power plants are under construction or in development after the country lifted curbs on new builds, according to a study published Tuesday by Greenpeace.
About 46 gigawatts worth of new plants were under construction as of May, the study said. Another 48 gigawatts were under various stages of development, Greenpeace estimated.
About 29.9 gigawatts of new coal power capacity was added last year, making a total of about 1,040 gigawatts, according to China Electricity Council data.
China remains coal’s stronghold even as consumption of the dirtiest fossil fuel wanes elsewhere in the world. The nation mines and burns about half the world’s coal and views it as an important source of cheap power and mass employment.
A spate of coal plant constructions in the early part of the decade led to overcapacity, and by 2016 the National Energy Administration ordered 28 of…
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