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#141 stocks

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Posted 29 January 2014 - 07:32 AM

Germany's Green Energy Fiasco

Modern industrial power grids cannot tolerate the huge moment-to-moment energy fluctuations of intermittent unreliable energy sources such as big wind and big solar. Whenever attempting a large scale conversion to "green power," initial economic costs are exorbitant. The cost of the power plants themselves, the cost of new power grid infrastructure, and the huge cost of maintaining spinning backup power sources. And then there is the cost to society as lower and middle income customers strain to pay skyrocketing power bills.

But the real costs of such an ideologically driven, top-down attempt to transform a national power grid and power supply, begin to emerge as the unreliables approach 20% or more of total power capacity to the grid. The violent and unpredictable intermittency of big wind power in particular, leads to power failures -- blackouts, brownouts, selective shutdowns of power customers, etc.


http://alfin2300.blo...re-problem.html

German Solar Insanity, Wind Insanity

In 2012, solar had a capacity factor of just 11 percent. The capacity factor of German wind was 17 percent. By comparison, fossil-fueled plants can achieve capacity factors of 80 percent or more. And electricity production from Germany’s 12 GW of nuclear capacity in 2012 was 99 TWh, a capacity factor of 94 percent.

Wind and solar can never fully replace nuclear power, because they can’t equal the reliability of nuclear reactors. The main job of the new fossil-fueled plants is not to retire grungy old coal boilers, but to replace nukes with grungy new coal boilers. To see why, we have to consider the distinction between dispatchable and intermittent generators.

“Dispatchable” generators—nuclear, coal, gas, hydro, and biomass— can ramp up and down on command to match their power output with current electricity demand. Unfortunately, wind turbines and photovoltaic panels can’t do that. They generate power when the wind and sun decree, often going dead when electricity is needed and then overproducing when it isn’t. These “intermittent” generators result in “common-mode failure”: night, winter, summer, and passing weather fronts cause swathes of generators to fizzle all at once, for weeks on end, on a continental and even hemispheric scale.

How will a Germany run largely on wind and solar generators survive the long periods when they shut down completely in the dead of winter?

To escape long blackouts many times a year, Germany is planning to back up every gigawatt of wind and solar average capacity with another gigawatt of gas or coal. As it builds its intermittent fleet it will not be able to shut down existing fossil-fueled plants; they will remain in service, complete with staff, maintenance, and overhead expenses and the infrastructure of transmission lines, coal mines, and gas pipelines. And because the dispatchable nuclear generators that could have backed up wind and solar are being shuttered, additional coal and gas plants must be built to take their place—as we see happening now.


http://thebreakthrou...en-energy-bust/


Germany’s Greens help the coal industry, while the US cut emissions by ignoring the greens


The coal industry must be praying for more Green activism:

“IT’S been a black Christmas for green thinkers as Germany, the world leader in rooftop solar and pride of the renewable energy revolution has confirmed its rapid return to coal.

“…new figures show that coal power output in 2013 reached its highest level in more than 20 years.

The stats: Germany is using almost as much coal as it did in 1990:

It’s the dirtiest kind of coal increasing the most

The reason coal is so popular is because coal is cheap and (oh the irony) because of the Green anti-nuclear stance.

China, meanwhile, last year approved new coal production of more than 100 million tons and has plans to add another 860 million tons by 2015.

India is set to follow China, and the IEA says coal is the fossil fuel nearly everybody wants.



http://joannenova.co...ing-the-greens/


Green Dream Turns to Nightmare for German Workers

Let’s call a spade a spade: Germany’s Energy-transition is an unmitigated policy disaster.

The Frankfurter Allgemeine Zeitung (FAZ) reported this morning that one in three workers in Germany’s solar industry lost their job last year. By November, there were a mere 4,800 employees left in the sector, the first time in four years that number has fallen below the 5,000-mark. That’s less than half 2012′s levels, when there were still 10,200 solar jobs. These revelations come hard on the heels of news that the $30 billion German taxpayers shuffled into green subsidies last year didn’t actually make the country any cleaner, and that more brown coal was burned there in 2013 than in any year since 1990.



http://www.the-ameri...german-workers/

Edited by stocks, 29 January 2014 - 07:36 AM.

-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#142 Rogerdodger

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Posted 29 January 2014 - 10:12 AM

Excellent quote in your signature line:
A liberal is someone who is determined to reach into your shower and adjust the water temperature for you. -WF Buckley

I personally love alternative energy ideas.
I bought Mother Earth's diy hybrid car blue prints back in the 1970's or 80's.
I have "invested" a couple hundred dollars in some LED lights.
I have 9 solar panels so far with inverters and batteries.
I just love to tinker with new gadgets.

My problem is command and control government dictating innovation.
It can't do it without creating an artificial market subject to collapse and failure as well as having a hand in my shower (and my pocket).
The free market is a wonderful, moral place where individuals can exercise their "G0D given rights" of life, liberty and the pursuit of happiness.

Edited by Rogerdodger, 29 January 2014 - 10:15 AM.


#143 Rogerdodger

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Posted 29 January 2014 - 10:16 PM

Empty Echo Chamber! LOL!

Obama said in the State of the Union. “The all-of-the-above energy strategy I announced a few years ago is working, and today, America is closer to energy independence than we've been in decades.”


Solar Power Provides Just 0.2% of Electric Supply...


According to the U.S. government’s Energy Information Administration, the United States is producing less electricity now than it did when Obama took office.
From 2008 to 2012, U.S. electricity production declined by 1.7 percent.
Coal remains the largest source of electricity in the United States, even though coal-produced electricity has been declining in the Obama years.
Solar-generated electricity did not make up the slack.
A larger supply of U.S. electricity, according to EIA, comes from wood.

WOOD???

Edited by Rogerdodger, 29 January 2014 - 10:22 PM.


#144 stocks

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Posted 30 January 2014 - 09:21 AM

The International Energy Agency says Europe will lose a third of its global market share of energy-intensive exports over the next two decades because energy
prices will stay stubbornly higher than those in the US. …


“Europe didn’t realise the seriousness of this competitive issue,” he said, warning the situation raises concern for the almost 30m people working in heavy industries such as iron, steel and
petrochemicals across the continent.


European gas import prices are currently around three times higher than in the US while industrial electricity prices are about twice as high, creating an energy price gap Dr Birol said would
last “at least 20 years”.


http://hotair.com/ar...least-20-years/

Edited by stocks, 30 January 2014 - 09:23 AM.

-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#145 diogenes227

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Posted 30 January 2014 - 11:54 AM

For all your anti-renewable energy palaver, one hopes you're not letting it get in the way of making money. Run some hourly charts (i.e. do some real TA work), you might discover the recent solar pullback with the market in this leading sector appears to be over. You might have a chance to buy some sunshine and make a whole lot more money than continuing to wallow in the fossils of yesteryear. :D

Just trying to help...

Good luck and good trading.

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"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."


#146 Rogerdodger

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Posted 19 February 2014 - 11:07 PM

Blackburn to Obama: Stop funding green firms that benefit Chinese investors!
The Chinese auto conglomerate Wanxiang Group has bought electric automaker Fisker Automotive, marking the second time they snatched up a failed green firm that received taxpayer dollars.
Hundreds of millions of taxpayer dollars have been wasted for the benefit of foreign businessmen.

Edited by Rogerdodger, 19 February 2014 - 11:09 PM.


#147 *JB*

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Posted 20 February 2014 - 07:15 PM

Rube Goldberg's demonstration on why solor power needs back up power --

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"Don't think...LOOK!"
Carl Swenlin, founder of Decision Point and original Fearless Forecasters board.

#148 diogenes227

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Posted 21 February 2014 - 03:49 AM

Rube Goldberg's demonstration on why solor power needs back up power --

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Yup, another absurdly profitable day in solar power. Or as any ole Rube would put it: "Don't think...LOOK!" :D

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"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."


#149 stocks

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Posted 21 March 2014 - 11:32 AM

This is what happens when solar subsidies are reduced. Imagine what will happen when they are eliminated

Spanish government recently killed its Feed In Tariff (FIT) program for renewables, which paid them an outlandishly high guaranteed price for their power, replacing it with the market price for their power plus a subsidy deemed more “reasonable.” Companies’ profits are now capped at a 7.4% return, following which they must then sell their power at market rates. That measure is retroactive, with renewable energy producers who got too fat off their profits now being starved until they reach the 7.4% cap.

Wind projects built before 2005 will no longer receive any form of subsidy – a move a wind energy trade group called a “sacking” of the sector that will see more than a third of wind producers lose their subsidy.

The fallout in Spain was immediate:

Its solar sector, which once employed 60,000 workers, now employs 5,000.
The wind sector is estimated to have laid off 20,000 workers.
In 2011, Spain attracted $10 billion in solar investment. In 2013, the level of investment dropped by almost 90%.



http://opinion.finan...able-contracts/
-- -
Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
 

#150 Rogerdodger

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Posted 12 April 2014 - 09:49 AM

Follow the money and you'll find fraud, corruption and wealthy senators.


Breaking News…Harry Reid is Behind Bundy Land Grab

BLM attempted cover-up of Sen. Reid/Chinese gov’t takeover of ranch for solar farm

The Bureau of Land Management, whose director was Sen. Harry Reid’s (D-Nev.) former senior adviser, has purged documents from its web site stating that the agency wants Nevada rancher Cliven Bundy’s cattle off of the land his family has worked for over 140 years in order to make way for solar panel power stations.
Harry Reid’s son, Rory Reid, was the chief representative for a Chinese energy firm planning to build a $5-billion solar plant on public land in Laughlin, Nevada.

And journalist Marcus Stern with Reuters also reported that Sen. Reid was heavily involved in the deal as well.

“[Reid] and his oldest son, Rory, are both involved in an effort by a Chinese energy giant, ENN Energy Group, to build a $5 billion solar farm and panel manufacturing plant in the southern Nevada desert,” he wrote. “Reid has been one of the project’s most prominent advocates, helping recruit the company during a 2011 trip to China and applying his political muscle on behalf of the project in Nevada.”

Some of you may recall during the stimulus debate, Harry held up the bill until he got 8 billion dollars to build a high speed rail from LA to Las Vegas. This would greatly benefit anyone whose family is very active in Vegas real estate. You know, like Reid.

He also lobbied for a bridge that would connect Arizona to Nevada near Vegas.
Reid’s land increased in value from 479,430 dollars to 1.46 million.

A deal in the desert for Senator Reid?
A bill he wrote could have affected the friend who sold him the land.
It's hard to buy undeveloped land in booming northern Arizona for $166 an acre. But now-Senate Majority Leader Harry Reid effectively did just that when a longtime friend decided to sell property owned by the employee pension fund that he controlled.
The payment gave the senator full control of a 160-acre parcel.
Reid's price was less than one-tenth of the value the assessor placed on it at the time.

Edited by Rogerdodger, 12 April 2014 - 10:04 AM.