|
|
Comforting to know that hundreds of millions were saved because the SA blackout hit at 4pm:
Today in SA: blackout cost $367m but could have been worse
The results of a comprehensive survey of Business SA members of the impact of the September 28 blackout released today also found many did not have business interruption insurance and, of those who did, more than half were not covered for losses resulting from the outage.
The overall financial impact on South Australia was a loss of $367m but, in occurring late in the trading day, the effect of the blackout was lower than it would have been if it had happened first thing in the morning.
“Considering 70 per cent of respondents had power restored within 24 hours we are looking at a cost of close to $120,000 per minute for business in the state,” the report found. –The Australian
Only 12% of businesses surveyed had backup generators.
Who wants electricity at twice the price? Judith Sloan:
The Australian Energy Market Operator says average electricity prices in South Australia next year will be 1.7 times higher than in NSW and 2.4 times higher than […]
It’s an eco-Worriers nightmare. Donald Trump appointed the man who’s been suing the EPA as its new chief. Scott Pruitt The Oklahoma Attorney General has been a leading figure in working to stop Obama’s EPA’s Clean Power Plan, an executive order that tried to circumvent Congress.
Trump heard Al Gore’s best arguments on Monday and acted accordingly.
Pruitt obviously knows the worst flaws of the EPA and in detail. He might even be able to get the EPA to tackle real environmental problems instead of fake ones. Who could be better? (Marc Morano, Nigel Farage? Hard to say).
Donald Trump will name Oklahoma Attorney General Scott Pruitt, an ardent opponent of President Barack Obama’s measures to curb climate change, as head of the Environmental Protection Agency, a Trump transition team official said on Wednesday, a choice that enraged green activists and cheered the oil industry.
Trump’s choice of Pruitt fits neatly with the Republican president-elect’s promise to cut back the EPA and free up drilling and coal mining, and signals the likely rollback of much of Obama’s environmental agenda.
Since becoming the top prosecutor for the major oil- and gas-producing state in 2011, Pruitt, […]
It started on Monday on ABC AM when energy minister Josh Frydenberg was asked about the review about climate policies.
If you listen to the full AM program from 9 – 10:30mins he absolutely rules out an economy wide approach, but when asked about an electricity sector “emissions intensity scheme” he does say “wait and see”. Was it a bizarre slip of the tongue, or was he fishing to find out the strength of the opposition to bringing in a carbon price on electricity?
9 mins: He is asked about an energy “emission intensity scheme”.
Josh rejects any “economy wide approach”. “”What this review has indicated is we will look at a sector-by-sector approach. The electricity sector is the one which produces the most emissions — around a third of Australia’s emissions come from that sector.”
OhOH:
Frydenberg: We know that a large number of bodies have recommended an emissions intensity scheme a baseline and credit scheme.
Any chance of that happening?
10 minutes Frydenberg “Wait and see… we want to hear from the experts on the lowest cost of abatement… thats what we owe the Australian households […]
Historic documents warn us that cold times bring death, starvation, disease. Winters were long, the crops failed, trade patterns and prices changed. Rivers froze over in Europe. The detail in this paper is fascinating. The world’s expert climate models (that’ll be NASA GISS, NCAR] don’t know what caused that extreme cold and can’t model it. If something like this were coming in the near future, they couldn’t predict it. Apparently it was due to “natural variation” which is scientific code for “we don’t know”. But the paper discusses the Spörer Minimum (SPM) in depth, and admits they don’t understand the mechanism of solar forcing which may include solar UV, or energetic particle flows. The SPM lasted from 1421 – 1550. They pretty much rule out volcanoes as the cause because the big ones in that era went off in 1453 and 1458.
Figure 2. Individual paleoclimate reconstructions for summer temperature, winter temperature and summer precipitation. Left: dots are specific sites considered by the different authors (listed from 1 to 16; Table 1). Right: decadal-scale (10-year mean) summer temperature, winter temperature and summer precipitation for the 16 climate reconstructions, standardised with reference to the period 1300–1700 (datasets 6, 11 and […]
More news that the little people are fed up. A big 70% of Italy’s voters turned out to turn down the referendum. The Italian PM will resign. Like Brexit and Trump, the opinion polls got it wrong underestimated the size of the “No” vote, predicting the No win with a 6% gap, which ended up being a 19% for Italians in Italy. (Italians living overseas voted very differently — 65% for Yes). The proposal was to reduce the power of the Senate and of the regional governments. The Euro has dipped.
The global anti-establishment backlash has claimed another scalp in a result that will send shockwaves through financial markets and European capitals today.
Opposition was spearheaded by Beppe Grillo, a comedian and Eurosceptic founder of the populist Five Star Movement. He accused Mr Renzi of trying to wreck Italy’s system of checks and balances to push through laws favouring big business.
Renzi was elected as an anti-establishment man, but clearly wasn’t that at all:
Renzi, 41, took office in 2014 promising to shake up hidebound Italy and presenting himself as an anti-establishment “demolition man” determined to crash through a smothering bureaucracy and redraw the […]
The fallout from the small blackout last week will cost jobs and reduce production for months to come. In Victoria, the Alcoa smelter in Portland was hit at the same time as 200,000 customers in South Australia. But the short power outage meant that hot metal turned solid at the smelter, damaging equipment. One potline is totally shut down, the other hobbles along.
Manager of Portland Aluminium, Peter Chellis, said crews had been working tirelessly to stabilise the plant since it was taken offline.
“Obviously a long power interruption freezes the metal, and when you bring the power back on that creates what we call ‘burn offs’,” he said. “So we’ve been taking the pots that can’t be fixed out of circuit, and at this point in time line two is looking quite stable.”
He said the smelter was operating at just 27 per cent of its capacity. “At the moment we haven’t started to work on any scenario other than stabilising the plant,” he said. “But I think in three to six months we can turn around lines one and two.”
— Source: Alcoa smelter to run at […]
Probably not what Senator Hansen-Young had in mind for South Australia:
SA irrigators, farmers turn to generators for electricity stability
By Lauren Waldhuter
Irrigators and farmers are buying diesel generators to secure their power supply, as price and stability issues continue to plague South Australia’s energy grid, industry experts have said.
Susie Green, head of the state’s apple and pear grower and cherry grower associations, said some farmers were now investing in generators for stability. “More and more I’m hearing that people are looking at forms of back-up generation for irrigation pumps and all different systems around their orchards,” she said. — ABC
One more cost to add to the price of wind and solar powered electrons. It’s not just the cost of a blackout, it’s the dollar volatility too. As the spot price soared to $13,000 MWh power companies tell irrigators to turn off their pumps.
How much capital is tied up in fuel and generators that are bought as insurance against government mandated grid failures which are themselves the price of “insurance” against the weather changing.
h/t David B
9.5 out of 10 based on 90 ratings
…
8.4 out of 10 based on 9 ratings
Emails released by wikileaks show that Roger Pielke was the target of an organized political effort to stop him speaking on climate issues. Remember, Pielke is largely an IPCC type guy — supporting most of their consensus including even carbon trading. Yet straying a tiny bit from the approved line made him a major threat — the IPCC message is a whole package and a flaw in any part of it could unravel the whole kit and caboodle.
Roger Pielke was surprised to find his name in the Podesta emails:
“The multi-year campaign against me by CAP was partially funded by billionaire Tom Steyer, and involved 7 writers at CAP who collectively wrote more than 160 articles about me, trashing my work and my reputation. Over the years, several of those writers moved on to new venues, including The Guardian, Vox and ClimateTruth.org where they continued their campaign focused on creating an evil, cartoon version of me and my research.”
Collectively, they were quite successful. The campaign ultimately led to me being investigated by a member of Congress and pushed out of the field.
That story has been told in the Wall Street Journal today:
My […]
It’s a novel marketing ploy to reach all the people who buy their breakfast cereals according to where they don’t advertise. It’s bound to appeal to at least three or four people, but at the risk of offending half the population.
I suspect that not too many kids plague mom and dad to buy Fruit Loops because it doesn’t support the evil Breitbart news outlet. (That’s the same one whose leading editor was so disconnected from the cereal-buying-masses that he backed the winning candidate for leader of the free world, and got a job as his right hand man. A media group on “the fringe”, eh?)
Politics is the new religion. What else explains this this latest marketing disaster, which will appeal to all the people who buy Wheeties because it’s a Democrat cereal. Investors are running. Kelloggs stocks dropped another 1.4% today.
It started when Kelloggs announced it wouldn’t advertise on Breitbart because of “values”:
Kellogg on Tuesday said it would pull its ads from Breitbart News after consumers notified the manufacturer that its products were appearing on the site. A company spokesperson told the Associated Press, “We regularly work with our media buying partners to ensure […]
Just another day with a grid on the edge
Adelaide and surrounds
It was only 200,000 “customers”, only for an hour or so in the middle of the night. But yet again the Great Green Experiment that is SA ran out of electricity. Olympic Dam (the largest uranium deposit in the world and fourth largest copper deposit) was not operating properly for four hours. A fault at the Victorian interconnector meant 220MW of load had to “shed” — a fancy term for throwing the switch so the whole system didn’t break. SA was “islanded” — cut off from the rest of the national grid for about 3 hours, and clearly it can’t make it on its own. Total power lost was about a fifth of the SA grid.
Remember, this has absolutely, definitely nothing to do with the last blackout or renewables says the SA Energy Minister:
Mr Koutsantonis said there was no way renewable energy generation in SA could be blamed for the loss of power.
Andrew Dillon from AusNet said the overnight outage had no link to factors that caused a recent state-wide blackout in SA, and this time was hindered by […]
|
JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
Jo appreciates your support to help her keep doing what she does. This blog is funded by donations. Thanks!
Follow Jo's Tweets To report "lost" comments or defamatory and offensive remarks, email the moderators at: support.jonova AT proton.me
Statistics
The nerds have the numbers on precious metals investments on the ASX
|
Recent Comments