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Daniels's article was published in the Washington Post. It was based on a plan published in Scientific American.
It's hard to know with your posts. The last book you referenced was from LuLu.com. Did you know that you can send a WORD file or a PDF file to LuLu, and you will have a published book next week. Maybe the author's mother could read it - that's peer review, right?
More renewables, more record prices
Once again, bad luck for renewables. The AEMO put out their report for the first quarter of 2019. Despite a massive growth in renewables, power prices are still not falling as predicted.
The report highlights that record high spot wholesale electricity prices were set in Victoria and South Australia, and nearly in everywhere else as well:
• Victoria and South Australia’s quarterly average spot wholesale electricity prices of $166/MWh and $163/MWh were their highest on record.
• Victoria and New South Wales recorded their highest underlying energy price on record, while Queensland, South Australia and Tasmania recorded their seconded highest energy prices on record.
These record highs were not just billion dollar price spikes, but the actual underlying energy prices as well.
Looks like a trend here:
The news gets reported but somehow coal and heat get the blame?
Record power bills in NSW, Vic
Perry Williams, The Australian
Power prices in NSW and Victoria soared to their highest level on record in the first quarter of 2019, with the jump blamed on high coal and gas tariffs and searing summer temperatures which cut output from hydro-generators.
Significantly, solar partly soothed grid pressures over that period with rooftop units soaking up some of the demand.
Nice theory, but intermittent energy is a burden on the grid that forces up the prices of all the baseload providers. It simply eats into their profits, but doesn’t reduce their costs, so they charge more the rest of the day.
Again, coal gets blamed:
Coal, often cited as the cheapest form of generation in the market, also contributed to the cost hike, with 800MW of supply moved to a price above $100/MWh in the first quarter after being offered below $100/MWh last year.
Firstly, the cheapest form of generation by far is brown coal, which we are cutting back the fastest. Black coal is often twice the price. And if black coal is charging even more (and it appears to be), it’s partly to compensate for the “intermittent burden” on the grid, and partly because it can. Less competition means … less competition.
It was of course, bad luck that the snowy hydro dams are so low. But relying on hydro to get us through very hot summers was never going to be a great idea in Australia.
Gas prices were also high, but then, if we didn’t need so much gas, the gas prices might not be as high. And if we used some of our 300 years supply of coal instead, we wouldn’t care less about the gas price.
Cheaper prices are just around the corner, except when they aren’t
More bad news (for consumers). The traders buying futures contracts don’t see prices coming down.
• Forward wholesale prices also continued their upward climb: the price of calendar year (Cal) 2020 electricity swap contracts traded on the ASX rose between 12-23% over Q1 2019 and have risen by 49% in Victoria since July 2018.
The reason that the salad-days of electricity are gone — not enough Brown coal:
Prices leapt when Hazelwood brown coal power closed. They jumped, and never came back down. . . . .
Keep reading →
You have a fetish with Australia. The state of Texas has some of the lowest priced electricity in the US, and it has more wind energy than the next 3 wind energy states combined! Sounds like you've got your signals crossed.
I think our low energy prices in Texas is because of how ERCOT handles grid distribution charges.You have a fetish with Australia. The state of Texas has some of the lowest priced electricity in the US, and it has more wind energy than the next 3 wind energy states combined! Sounds like you've got your signals crossed.
You have a fetish with Australia. The state of Texas has some of the lowest priced electricity in the US, and it has more wind energy than the next 3 wind energy states combined! Sounds like you've got your signals crossed.
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Is the Long Renewables Honeymoon Over?
[FONT=&]From The GWPF 5/11/19 Dr John Constable: GWPF Energy Editor The European renewables industry press, which is usually unequivocally upbeat in its assessments, is currently reporting a broad spectrum of substantial problems in the sector, ranging from bankruptcies and technical problems to tepid policy support and increasing public resistance. In a fundamentally viable energy generation…
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You are likely correct, it seems odd that companies with contracts in place and orders waiting to be filled,How long ago did I predict such events if attempted so early?
You are likely correct, it seems odd that companies with contracts in place and orders waiting to be filled,
would be having financial issues, unless their maintenance and warranty cost were higher than anticipated.
I think the renewable s will be fine, just as soon as viable grid level energy storage is ready.Renewables will continue to KICK BUTT!
2019 Renewable Energy Industry Outlook | Deloitte US
2019 Renewable Energy Industry Outlook
Strong fundamentals bolstered by three enabling trends
I think the renewable s will be fine, just as soon as viable grid level energy storage is ready.
Before then, it could still be very useful, but in very limited rolls.
Yeah, but you didn't give it that "Kick Butt" emphasis.
Renewables will continue to KICK BUTT!
2019 Renewable Energy Industry Outlook | Deloitte US
2019 Renewable Energy Industry Outlook
Strong fundamentals bolstered by three enabling trends
Please let us know when energy storage plus renewable energy is cost competitive to natural gas. Until then, I don't think any of us are interested in your media propaganda.
Storage currently does not have to factor in. Take the state of Texas, for example. They are using a "Wind-First" philosophy, where the available wind power is 100% utilized. They are filling the voids, primarily with Natural Gas powered plants. They have some of the most affordable electricity in the nation. It will get even less expensive, when they get rid of their 2 extremely costly nuclear power plants, which from what I've read, is probable.
Eventually, storage will have to factor in. We are a long way from that...
Without storage, wind and solar have hard limits.
Science is not really an emotional topic, more cold logic!Yeah, but you didn't give it that "Kick Butt" emphasis.
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