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#181 stocks

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Posted 31 May 2017 - 09:32 AM

Green Energy Insurrection: Aussie Miners, Heavy Industry Threaten Investment Walkout over Energy Prices  

 

Glencore and other major players in Australia’s mining and heavy industry sectors are threatening to shut mines and factories, and divert all investment elsewhere, unless Aussie energy prices fall back to internationally competitive levels.  

 

 Tomago chief executive Matt Howell, who runs Australia’s largest aluminium smelter, said the company was considering cutting production due to “ridiculously high” wholesale electricity prices which would result in job losses. 

 

Electricity prices have skyrocketed in Australia in recent years, thanks to ideologically motivated roadblocks to Australian domestic gas explorationregulatory hostility towards the Aussie coal power industry, and government attempts to favour the use of unreliable renewable energy over stable baseload fossil fuel sources. 

 

 

 https://wattsupwitht...-energy-prices/

 

 

 


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#182 stocks

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Posted 01 April 2018 - 07:48 AM

March 26th 2018 8pm and Germany produces 59 GigaWatts of electricity

 

0.00GW from solar.

1.13GW from wind.

9.27GW from nuclear. 

45.5GW from CO2 producing power plants (gas, coal, biomass, oil)

 

 

 

https://sunshinehour...-march-26-2018/


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#183 diogenes227

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Posted 02 April 2018 - 10:12 AM


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#184 stocks

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Posted 20 December 2018 - 08:15 PM

The epic stupidity of German green energy part XVII     https://www.theposte...t-a-brick-wall/

 

Despite huge investments in wind, solar and biofuel energy production capacity, Germany has not reduced CO2 emissions over the last ten years.

 

However, during the same period, its electricity prices have risen dramatically, significantly impacting factories, employment and poor families.  

 

Power production from the sun and wind is often quite low and sometimes totally absent. This might take place over periods from one day to ten days, especially during the winter months. Conventional power plants (coal, natural gas and nuclear) must then step in and deliver according to customer needs. 

 

Alternatively, Germany may import nuclear power from France, oil-fired power from Austria or coal power from Poland.

 

In practice, this means Germany can never shut down the conventional power plants, as planned. These power plants must be ready and able to meet the total power requirements at any time; without them, a stable network frequency is unobtainable. The same is true for French, Austrian and Polish power plants.


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