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by Jo Nova
The scariest thing is that a communist dictator seems more sensible than any democratic one.
He’s a tyrant, true, but one that can add up numbers. So it has come to pass that the largest coal fired nation in the world will burn even more coal because energy security today is more important than theoretically slowing storms in 2100 AD. China makes no secret of it, but hardly anyone is even talking about it.
In other news from the CCP convention, unlike the West, China won’t blow up their coal plans until the new replacement energy is ready to use. Which is handy if the replacement turns out to be a trillion dollar lemon.
Rather soberingly, for transition-fans, China makes 80% of all the solar panels on Earth but that’s not enough to dent the growth of Chinese coal demands. If these solar panels were so cheap and effective China would ban the sale of them.
China boosts coal output as energy security trumps climate
Michael Smith, Australian Financial Review
China’s state planner, the National Development and Reform Commission, said while China would continue to invest heavily in wind and solar, annual coal […]
Make no mistake, the story of our lifetimes is that we got wildly lucky. It’s not just that most our economy is no longer dedicated to finding fuel (for our corporeal bodies or our machines) but that a vast share of our lives is not consumed with collecting wood or dung, rolling up hay, or gathering berries.
The graph below shows a remarkable transformation from a lifestyle where 80% of all the work done was just the daily task of finding fuel. The advent of the industrial revolution cut that effort in half, but the wild success of coal power and technology in the 1800s cut it by factor of ten. It almost appears as if coal did not just fuel the 19th Century, but created the 20th Century too. It was the great disruptor…
The real energy transition in the last 700 years
This was the economic transformation of the United Kingdom
By the 1990s the hunt for all the energy we needed was just a tiny 7% of the economy. And the most remarkable thing about that which is not shown in the graph, was that the total energy consumed had not shrunk at all, it […]
While all the rats are jumping off the Unreliable Wreck, Australia is leaping onto it. Every country that uses electrical-generators for magical Global Climate Control has expensive electricity. They’ve lost industries, jobs and sovereign power as well as hot showers.
Our energy prices are already a train-wreck, but Super-Albo is here to take that failure and double it. While Germany, France, Austria, Netherlands, Poland, China, India, Hungary, Greece and the United Kingdom are all ramping up their coal, we’re going to use less to fend off the floods and hold back the tide. It’s pretty much just down to us and our friends, those crazy Canuks and the cockoo-Kiwi’s to save the world. All doing the climate voo-doo.
Magical pagan symbols and messages
The term “action” doesn’t mean any actual activity — apart from lots of paperwork:
Albanese told parliament: “Passing this legislation sends a great message to the people of Australia that we are taking real action on climate change.”
Instead of a message, Australians were hoping to get a $275-a-year cut in their electricity bills.
Meanwhile the rest of the world is sending a message to Australia — and they are saying: We Want Your Fossil […]
Coal use likely to set new 8 billion ton record this year (and next year too)
How’s that transition going then?
The IEA reports that the stranded dead asset is probably about to hit an all time record high:
For 2022 as a whole, we expect global coal demand to increase by 0.7% from 2021 to about 8 billion tonnes. This would match its all-time peak reached in 2013…
Worldwide coal consumption in 2021 rebounded by 5.8% to 7 947 million tonnes (Mt), according to our data, as the global economy recovered from the initial shock of the Covid pandemic and higher natural gas prices drove a shift towards coal-fired power generation.
Current coal price tonight: $407.90. Also almost a record. So we have highest volume at the highest price, and people want you to believe that no one wants coal.
China burns 53% of the world’s coal:
Coal demand in China, the world’s largest consumer by far, increased by 4.6%, or 185 Mt, in 2021, reaching an all-time high of 4 230 Mt.
India becomes the second country in the world to join the billion-ton-coal-club:
India consumed 1 053 Mt of […]
It’s just another day in the global energy crisis: Years of climate goals are evaporating
When your currency is backed by renewables… | 1 year of Euro/USD
The threat of the Russians cutting off gas completely through Nord stream 1 has focused Europe on the blessings of coal and the reality of surviving winter with only windmills and solar panels to keep warm.
Germany, France, Austria, Netherlands, and the UK have already changed plans to shut coal plants or have plans to revive old ones. Poland is buying coal directly for homes. Hungary has now also declared a state of emergency and said it will boost gas production and stop exports. No sharing allowed now.
Only two years ago Greece was going green — phasing out brown coal but now the Greek power corporation has been told to stop the phase out of coal. Last year lignite provided only 5% of the electricity in Greece, now the aim is 20%.
Hungary declares ‘state of emergency’ over threat of energy shortages
Euronews
Budapest says it will boost its annual production of natural gas from 1.5 billion cubic metres to 2 billion cubic metres. The […]
Australia has added more unreliable wind and solar than anywhere on Earth but when an energy crisis strikes, and those prices are still on fire, the solution is more of the same.
Senator Matt Canavan, The Australian
As rest of the world wakes up on coal, we’re closing it down
Perhaps Australia’s broken electricity system is due to this mad rush towards renewable energy? No, according to our energy regulator, “Recent international events and Australian market events have further strengthened the case for the shift to renewables.”
The renewable energy investments must continue until morale improves.
[The energy regulator’s] recent analysis shows that Victoria could experience a “renewable drought” of 1 terawatt hour of electricity over just one week in the future.
How much is 1TWh? Well, the South Australian big battery can produce 130 megawatt hours, so we would need more than 7500 of these to keep the Victorian lights on. At about $100m a pop, that is a total cost of more than $700bn, or more than Victoria’s total annual economic output.
This winter’s energy shortfalls came just after the Liddell coal-fired […]
This is Fall of Rome type stuff — everything is coming undone
National rolling blackouts have been occurring for days in South Africa and are forecast to continue for another week at least. One engineer warns they are just a step away from a total blackout and says it will be very difficult to reawaken the entire system. Traffic lights are failing, trains are stopping, and mobiles phones, ATMs and fuel pumps may not work. With unemployment at a shocking 35% already, the million dollar losses from blackouts make for a dark feedback loop.
The immediate cause is strikes for wage claims and terrible maintenance leading to major power outages lasting as long as nine hours. But Green targets and activism only makes it worse because there’s no interest in maintaining plants properly which are planned for closure. South Africa runs mostly on old coal plants, and one of the largest plants is closing (supposedly) as soon as September. And the wind and solar power they have often isn’t helping with the peak loads either.
There is vandalism from every direction. At the bottom end, apparently up to half the people in Soweto are not even paying for electricity […]
In an emergency everyone wants coal
Just like that — Europe is hitting the panic button. Thank the Russians for demanding rubles for their gas and threatening supply. Not only has Germany decided to rescue old coal plants, but so has Austria, which had gone blissfully “coal free” two years ago. How long did that fairytale last? In the Netherlands coal power plants were forced for years to run at only 35% capacity by government ruling, but now, suddenly, full tilt is fine. Sweden and Denmark have both issued an “early warning” to flag potential energy shortages.
In Poland, energy prices are so expensive that three weeks ago the government told people to go and collect wood from forests to keep their homes warm. Last week they the government said it would pay a large part of the cost of buying three tons of coal for each household. It’s that bad.
Much of the EU rely on Russian gas for about 40% of their supplies. The Austrians have storage sites for gas so large they can hold an entire years worth, but they are only 39% full and they want to double that before November.
Germany is now calling this […]
Amazing how fast the Sacred Cows get pushed aside. Until a few months ago, Germany had been planning to close its last nuclear plants and gas production had been falling for 20 years. But the Russians are cutting back the gas feed and even the German Greens understand what will happen by winter if they don’t have enough energy. Though on twitter, a lot of commentators are wondering why they don’t reopen the nuclear plants they just closed first and why they still plan to shut the last three later this year?
It was never about CO2 was it?
Germany to fire up coal plants as Russia turns down the gas
DW
As Russia reduces its supply of natural gas, Economy Minister Robert Habeck has said Germany must curb its usage. Otherwise, things “could get tight in winter,” he said. Germany must limit its use of gas for electricity production and prioritize the filling of storage facilities to compensate for a drop in supply from Russia, Economy Minister Robert Habeck said Sunday.
In a move that goes against the principles of his environmentally-friendly Green Party, the country will also have to increase the […]
So it’s a new record. In the 20 years since the National Energy Market formed it has never operated on such a vapor thin margin. Only a few days ago Paul McArdle at WattClarity thought a mere 15% instantaneous reserve plant margin was a headline event, but tonight the grid survived (so far) on a tiny 3% Instantaneous Reserve Plant Margin NEM-wide. Things were so tight the NSW Minister for Energy sought emergency powers to force coal companies to provide fuel to coal generators for the next 30 days on his say so. Presumably next on his list would be emergency powers from God to make the wind blow.
Two years ago Australian taxpayers spend $13 billion a year in climate action (Moran). As researchers at ANU noted, Australia was leading the way — installing more megawatts per person than any other nation on Earth. (Blakers) Despite being the fastest growing and sparsest population, on the most remote nation which was practically a quarry and farm built on coal and uranium deposits, Australian political leaders rushed to compete for green booby prizes in Beautiful Weather Contests.
And the toll from the bonfire in prices is just starting with Iron […]
EnergyAustralia is 100% owned by China Light and Power (CLP Group) and owns a suite of generators that include coal, gas, wind farms and battery storage in Australia. It was sold by the NSW government for $1.4 billion in 2011. According to Wikipedia, the mothership company, CLP, owns “a number of power stations in Asia” and most are either coal-fired or fossil fuel power stations. It also owns Hong Kong Nuclear Investment Company.
Yallourn Power Plant, | Malcolm Paterson, CSIRO
A year ago the same company that announced it was speeding up the closure of Yallourn coal power plant to 2028 instead of 2032, now warns the transition “may not be smooth” and the governments plan to pay incentives to keep them open “may not be enough”. But back in March last year, when EnergyAustralia said it wanted to close Yallorn, it also said that it wanted to show that the transition is possible “without disruption”. In fact the Managing Director raved at the time “”We are determined to show Australia, that it is possible to move from the old to the new in a way that does not leave people behind.”. Blah Blah Blah, eh?
The […]
In Australia a Woke tech-billionaire has decided to “keep” the coal assets in AGL in order to destroy them (like that’s the “free market” at work) . But in the rest of the world, coal is $400 a ton and everybody wants it.
Maybe Australians will get so rich selling coal they can afford to use electricity from unreliable generators instead?
Not behaving like a stranded asset. Trading Economics
Britain could keep coal-fired power plants open this winter
LONDON (Reuters) -Some of the British coal-fired power plants slated for closure this year might need to stay open to ensure electricity supply this winter, the government said on Monday.
Countries across Europe are drawing up contingency plans against potential disruption to flows of Russian gas because of the war in Ukraine. Russia typically supplies about 40% of Europe’s gas.
Britain can generate about 50% of its electricity from gas. Although Russia only meets about 4% of Britain’s gas needs, a significant disruption in supply would affect prices in Europe and make it harder for Britain to secure gas from others.
How screwed is that market when they have to “devise” a framework to […]
China has already announced it will dig up another 300m tons of coal next year, and now India is planning to boost its own production by 500m extra tons in the next two years.
Coal mine in Dhanbad, India. | Flikr
Amazing what a strong market signal can do
TradingEconomics
India increasing domestic coal production, cuts environmental green tape
India needs a billion tons of coal a year, and digs up about 770 million tons. Suddenly the plan is to increase that to 1.2 billion tons “in the next two years” and if that means opening 100 old mines and throwing away the green tape, so be it.
Phys-Org
Soaring temperatures have prompted higher energy demand in recent weeks and left India facing a 25-million-tonne shortfall…
The government hopes to woo private mining giants—like Vedanta and Adani—to revive more than 100 dormant coal mines previously deemed too expensive to operate, using new technology and fresh capital. …the Environment Ministry said it has allowed a “special dispensation” to the Ministry of Coal to relax certain requirements—like public consultations—so mines could operate at increased capacities. Coal mining projects previously cleared to […]
Luckily for Energy Oligarchs, Australian electricity prices have bounced right back to pre-pandemic insanity. Wholesale rates are romping around $170 dollars a megawatt hour in April across the whole national grid…
The media mouthpieces are blaming it on outages of coal turbines — even though wind power fails every week, and solar fails every day. If unreliable generators cause high prices, then Wind is King Fickle. They’re also blaming high coal prices, but coal itself, is a small part of the cost of a two billion dollar plant. Naturally, neither political team has a clue how to fix this. But it’s all so banal — the prices are set at auction, and some fuels are cheap. Add more of the cheap type, and we’d get cheaper electricity.
Right now, if there were more black coal plants setting the price more of the time, electricity would be half the cost. If enough brown coal plants like Hazelwood were still running, the prices would be a fifth. It’s all there in the data that ABC journalists never find. Consider the winning bids by fuel type in Australia for the last quarter of 2021. For Brown Coal, the average winning bid was $11 […]
A week ago our newspapers were full of dire warnings that the Australian coal mining industry was going to be left in the lurch by declining orders from China. “The End of Australia’s coal export boom is Imminent” said the AFR — parroting a report by a group that includes Alex Turnbull, someone known to profit from renewables.
What none of the headlines mentioned was that China is set to hit a new all time record of coal use this year.
China now wants to boost coal production by 300m tons —six times* as much coal as Australia uses each year
China already burns 32 82 times as much coal each year as Australia does. Soon that will be 34 88 times as much. But who’s counting?
China promotes coal in setback for efforts to cut emissions
By Joe McMoncald, AP Business Writer, 25th April 2022
Official plans call for boosting coal production capacity by 300 million tons this year, according to news reports. That is equal to 7% of last year’s output of 4.1 billion tons, which was an increase of 5.7% over 2020.
Chinese officials are blunt about why they need more coal:
LaTrobe Valley Coal Plant
There’s been mayhem quietly running on the Australian electricity market this month. Shh. April used to be an easy month on electricity markets — it’s not summer and not winter, and nothing is stretched. At least not in theory. But this month prices have been running at $150 – $250 per megawatt hour. This is a big rise, even from last month when prices were often $70 – $120 in the big three states. To put that in perspective, six years ago in March, wholesale electricity prices were a tiny $30 – $60.
Last month a couple of units in a Victorian plant suffered a fire. Then on April 1, a single coal turbine at Liddell was retired, and then there was a wind drought, and now, lo, behold “we have lift-off”! Prices are now consistently running at $200-$300 per MWh, and often spend most of the day above $100. Hey, but it’s only been a few weeks.
Ouch, Ouch, Ouch
Prices are cooking …. AEMO (Click to Enlarge)
Don’t blame Russia: Less coal, means more expensive electricity.
The headline makes it sound like coal outages are to blame, when really the […]
It’s was the last chance to save The Planet, but nevermind?
Get ready for the Great Reenergize-ment, we’ve reached a tipping point. Even the elite believers know a real threat when they see one. The ruling class, sitting on cushy taxpayer salaries, weren’t threatened by higher fuel prices and carbon taxes, but Russian missiles are another thing. Only a few months ago we had only “ten years til the next mass extinction”. Now, everything coal is good again, and years of pompous energy policies are on fire.
In normal times these would be monster headline backflips with mass protests in the streets from fifteen-year-old school-skippers.
Hat tip to NetZeroWatch
Germany to fire up mothballed coal power stations
By Matt Oliver, The Telegraph
One of Europe’s biggest energy companies is preparing to bring a string of German coal power stations out of retirement as part of efforts to wean the country off Russian gas.
These include plants that have been decommissioned, those that are scheduled to go off-grid this year and others that are currently kept on standby.
Robert Habeck, Scholz’s economy minister, has insisted there will be “no taboos”, throwing into […]
h.t Andy May
So much for the End of Coal
It’s a bumper year in 2021, a bigger year in 2022, and possibly more glorious records for coal in 2023 and 2024. Humans burnt more coal last year than at any other time in history.
Coal-fired power generation is set to reach an all-time high in 2021
The declines in global coal-fired power generation in 2019 and 2020 led to expectations that it might have peaked in 2018. But 2021 dashed those hopes. With electricity demand outpacing low-carbon supply, and with steeply rising natural gas prices, global coal power generation is on course to increase by 9% in 2021 to 10 350 terawatt-hours (TWh) – a new all-time high.
As the IEA concludes through gritted teeth: Global coal consumption is not on the Net Zero trajectory and is unlikely to be before 2024. Perhaps someone should tell all the Glasgow Minions?
Other editors might have labelled this, “Coal Still Vital” or “Coal’s Day is Here”! Instead the IEA saw a sedate plateauing that kept plateuing in the headlines:
Fully two-thirds of global coal is used by just two countries. The other 193 nations split […]
On the one hand, our bureaucrats are telling us coal power in Australia might be finished by 2035.
..
On the other hand, in the rest of the world, coal prices are hitting records, China and India are suffering rolling power cuts. In China, floods have shut about 10% of the 682 coal mines in the Shanxi Province. China is so desperate for coal that a few days ago, it finally unloaded the Australian coal it held hostage in the 80 bulk carrier ships that have languished offshore for months in a petty trade war. Pune, in India is in a coal shortage crisis, forced to shut down 13 power plants because they’ve run out of coal. They’re asking people to be “sparing” between 6 and 10 both morning and night. India has 135 coal fired plants in total, and fully 70 of them are currently working with less than four days coal supply.
China coal futures hit record as flood swamps mine hub
Even with the efforts, China could face a coal supply gap of 30-million to 40-million tonnes in the fourth quarter, Citic Securities analysts said in an October 8 report. A shortage of […]
The COP 26 organizers must be quaking in their chardonnay. Just when they need all the usual hyped up wind powered record headlines, they’re getting headlines of record gas prices, rocketing inflation, and industries thinking about shutting down.
Welcome to the Green Revolution:
UK industry could face shutdowns as wholesale gas price hits record high
Rob Davies and Joanna Partridge, The Guardian
…
Wholesale gas prices hit new all-time highs on Wednesday, prompting warnings that factories could be forced to shut down over winter or switch to more polluting fuels just as the UK hosts the Cop26 climate conference next month.
Trade body UK Steel said it was now “uneconomic” to make steel at certain times in the UK, with British firms facing double the electricity prices paid by rivals in Germany, France and the Netherlands.
Don’t say “oil” say “polluting fuels that had been abandoned”:
Paul Pearcy, the federation coordinator at the trade body British Glass, said companies that make windows could be forced to revert to powering their furnaces with polluting fuels that had been abandoned.
British Glass makers are thinking of using fuel oil again because gas […]
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