Cold Air
@ScottLuft
I write to right: exploring and communicating on topics of interest including energy, data, politics, and education
BREAKING: In its semi-annual report, @IEA revises higher its estimate of global consumption in 2024 to a record high of ~8.79 billion metric tons (from ~8.77 billion previously). IEA also anticipates a new demand all-time high in 2025, before dropping in 2026 | #CoalTwitter
I don't mind treating AUS as a control group, so limit comments. but this seems nuts. a political opine: even if the intent in gov't contracting/subsidy is not to pay for curtailment, it's been added (in Ontario) - parhaps to avoid embarrassment of subsidized projects failing.
This is the critical figure from the @AEMO_Energy report underlying. Unless we build out transmission on an impossible timetable, the curtailment will be massive. Solar 🌞 SA > 50% VIC > 35% QLD > 20% Wind 🌬️ more mixed, but on mainland more above 50% than below 5%. 3/
"costs are higher" than Vogtle? must be planning one helluva tariff😀
CANDU's coming to the US? Challenges for large reactor still apply. The existing supply chain from recent refurbishment efforts could help, but costs are higher. There have been attempts to bring CANDUs to the US in the past that did not materialize, but left lessons learned.
Oil services giants $SLB and $HAL both singling out a slowdown in activity in Saudi Arabia (linked in part to delays in the development of the the large Jafurah unconventional gas field) #OOTT #SaudiArabia
Sizewell C gets the green light to become the first nuclear power station co-owned by the government to be built in a generation. Millions of people will benefit from cheaper clean power, as the government agrees a landmark multi-billion-pound deal to build Sizewell C.
Breaking in the UK: Sizewell C nuclear plant gets final investment decision. £38b project to move ahead.
English😏 [it's a joke - one that can annoy fans of both the og post, and the rt]
Fewer.
1. Wind and solar both keep me up at night, but for opposite reasons. Solar works and is winning the global race, Britain simply sits too far north to benefit. Britain is betting on wind instead, yet wind lacks the very traits that makes solar work.
"When society pays 15–20 cents to generate a kWh that was previously being produced at a cost of 8 cents that makes the pie smaller.”
I just published "The dollars and sense of decreasing electricity demand" medium.com/p/the-dollars-…
JAPAN MOVES TO BUILD FIRST NEW NUCLEAR REACTOR SINCE 2011 FUKUSHIMA DISASTER 🚨 🇯🇵 ☢️ Kansai Electric will begin studying replacing an older reactor with a next-gen unit at its Mihama facility, the Nikkei reported nikkei.com/article/DGXZQO…
my hope would be counting on a lack of confidence in the grid wouldn't be the basis of a great business case. but I have little confidence in my grid🤔
Not everyone realizes it yet, but the residential solar industry is now the residential battery industry. Solar will just be a low cost add-on to batteries. Resiliency (both home and grid) is the primary driver.
In response to the NY governor's pledge to build at least one GW of new nuclear capacity in the state, Constellation Energy, which operates existing reactors in upstate NY, has announced that it will pursue a reactor construction project. Article link in reply. Their intent…
the IESO has put out its/our final June Global Adjustment total, of $609.7 million, and class B rate ($59.72/MWh) that's a full $28/MWh lower than their month end est. (and $134 million less) the figures are, imo, a welcome return to coherence -after May's unexplained surge.
The IESO's estimates for the June Global adjustment: $744.1 million $87.76/MWh (class B) seems very high to me, but that's consistent with May, the 1st month of the "renewed" market. Along with an average Ontario Zone Day-ahead market rate I have at over $53/MWh, rate of $141/MWh