An energy crisis is gripping the world, with potentially grave consequences – WashPo

Posted: October 10, 2021 by oldbrew in COP26, Energy, net zero, weather
Tags: , ,

Some world leaders just can’t get it into their heads that the wind doesn’t blow on demand, and the sun by definition is daytime only and subject to cloud cover. This has all been said frequently enough, but never seems to hit home in terms of credible energy policies. Ignoring the obvious, they insist that removing reliable power generation is the only way to go, in pursuit of their absurd ‘net zero’ climate targets. An energy crisis in early October doesn’t bode well for the approaching northern hemisphere winter.
– – –
Energy is so hard to come by right now that some provinces in China are rationing electricity, Europeans are paying sky-high prices for liquefied natural gas, power plants in India are on the verge of running out of coal, and the average price of a gallon of regular gasoline in the United States stood at $3.25 on Friday — up from $1.72 in April, says the Washington Post (via MSN).

As the global economy recovers and global leaders prepare to gather for a landmark conference on climate change, the sudden energy crunch hitting the world is threatening already stressed supply chains, stirring geopolitical tensions and raising questions about whether the world is ready for the green energy revolution when it’s having trouble powering itself right now.

The economic recovery from the pandemic recession lies behind the crisis, coming after a year of retrenchment in coal, oil and gas extraction.

Other factors include an unusually cold winter in Europe that drained reserves, a series of hurricanes that forced shutdowns of Gulf oil refineries, a turn for the worse in relations between China and Australia that led Beijing to stop importing coal from Down Under, and a protracted calm spell over the North Sea that has sharply curtailed the output of electricity-generating wind turbines.

“It radiates from one energy market to another,” said Daniel Yergin, author of “The New Map: Energy, Climate, and the Clash of Nations.”

“Governments are scrambling to get subsidies in place to avoid a tremendous political backlash,” Yergin said. “There’s a pervasive anxiety about what may or may not happen this winter, because of something we have no control over, which is the weather.”

As global leaders prepare to gather in Glasgow, Scotland, at the end of the month for a climate conference, advocates for renewable energy say the crisis shows the need to move further away from coal, gas and oil as prices for those commodities spike.

Their critics contend just the opposite — that wind and solar have been tested and came up lacking.
. . .
Energy analysts argue that Europe moved too quickly away from fossil-fueled power, before ensuring that sufficient renewable sources could take up the slack in an emergency.

Caught halfway in a transition that should take decades, they say, Europe is now scrambling to find coal and gas to burn in its remaining traditional plants.

Full article here.

  1. oldbrew says:

    Still keen on green now that your bill’s arrived? Carbon zero is a glorious goal. But as our leaders use it to burnish their halos, the true cost is finally hitting home. ANDREW NEIL warns of storms to come

    PUBLISHED: 22:50, 8 October 2021

    The Government has a duty to give us the full picture and not just grandstand on the world stage with uncosted green rhetoric. Otherwise, when push comes to shove, the Government will not be able to carry the people, as President Macron found out in France three years ago when he tried to raise fuel prices to reduce consumption and sparked off the yellow-vest protests.
    – – –
    Pity he seems to think humans can somehow damage the global climate by altering 0.01% or less of the atmosphere.

    Carbon zero is a glorious goal.
    No, it’s an inglorious own goal.

  2. oldbrew says:

    UK energy crisis – live: Action on gas prices needed ‘now’, with factories ‘days’ from shutdown, industry says
    Sat, 9 October 2021

    Manufacturing industry leaders are demanding that measures to tackle rising energy costs are implemented “right now”.

    They also said that factories, that rely on a huge amount of natural gas to keep running, are just “days away” from having to halt production because of the supply shortage and record-level prices of the gas.

    Electricity prices have also shot through the roof as power stations use gas to generate electricity.
    – – –
    Government: ‘we need more renewables’ 🙄

  3. Saighdear says:

    THe Public Voted, the public made it’s Bed, now they must lie in it.

  4. oldbrew says:

    Renewables with minimal guaranteed backup – what could possibly go wrong?

    President Putin: “Europe is covering up its own mistakes for the current energy crisis”

    Russia’s President said European countries heavily relied upon spot gas supplies and the ‘invisible’ hand of the market
    Friday 15 October 2021

    Vladimir Putin recognised the role of renewables in the European energy market: “Over the past 10 years, the share of renewable energy sources in the European energy balance has skyrocketed, which, on the face of it, appears to be a good thing – and they are now playing a significant and noticeable part.

    “However, this sector is notorious for erratic power generation. It requires large reserve capacities. In the event of major generation failures, primarily due to bad weather, this reserve is simply not large enough to cover the demand.

    This is exactly what happened this year, when, due to a decrease in wind farm generation, there was a shortage of electricity on the European market. Prices soared, which triggered a spike in natural gas prices on the spot market.”

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s