How governments and the cult of net zero wrecked the energy market – Telegraph

The headline says it all. Despite claiming ‘The original error was not with the science of climate change’ – well, we disagree there – the article charts the real course of the current energy fiasco quite well. Climate obsession has a lot to answer for.
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Putin may be the proximate cause of this crisis, but the reason we were vulnerable was an intentional policy to crush fossil fuel investment, says The Telegraph.
. . .
And now? Well, now, as “big oil” might say: “We just walked in to find you here with that sad look upon your face.”

Europe needs gas. It is pleading for gas.

Instead of flying media to gas fields to court capital, the oil and gas men are being flown to the capitals of Europe and begged to invest.

Germany’s energy U-turn: Coal instead of gas

German coal operation

Germany’s assorted energy fixations or ‘green dreams’ have caught up with it in a big way. Some are due to climate obsession, others not. Now that expensive gas is hard to come by since the Ukraine conflict started, and its nuclear power is nearly gone, coal is the only option left for reliable electricity generation. Back to the future, except with obsolescent power stations.
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Berlin has realized it will never again import as much energy from Russia as before the Ukraine war.

So the challenge is to wean Germany off its dependence on Russian energy sources, and quickly.

The question is how, says DW.com.

Back to black: coal demand to return to its peak this year

Ferrybridge ‘C’ Power Station (1966–2016)
[image credit: Lynne Kirton / Wikipedia]

The estimated global figure is 8 billion tonnes. Under UK ‘net zero’ climate policy, the coal option will soon disappear completely. Then what, when the electricity supply going gets tough? Electricity demand is rising, not falling, and global coal use is expected to do the same.
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As countries are juggling between skyrocketing energy prices and reduced gas flows, it seems that many of them could turn to coal to secure power to keep the lights on in winter, says Energy Live News.

The latest report by the International Energy Agency (IEA) paints a grim picture of the current situation the international energy systems find themselves in.

The IEA’s Coal Market Update report forecasts that global coal demand will return to its record highs this year.

The agency estimates that global coal consumption will rise by 0.8% in 2022 to eight billion tonnes.

Welsh coal mine expansion facing legal challenge – EV battery production could be impacted

Welsh anthracite [image credit: BL Fuels]

Climate obsessives shooting themselves in the foot here? Interesting that coal is needed to make EV batteries though.
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A legal challenge will go ahead into mine expansion plans after opponents were granted a judicial review, reports BBC News.

In January approval was given for another 40 million tonnes of coal to be dug at Aberpergwm, Neath Port Talbot.

Campaigners said at the time they were considering legal action.

Germany to curb gas use, burn more coal in ‘serious’ situation

German coal operation

The so-called climate crisis soon gets pushed aside when an energy crisis bites. Saving the world is for poseurs, saving your citizens from hardship is politics. Renewables don’t even get a mention.
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Germany will curb domestic energy consumption and boost stockpiles, as it ramps up efforts to stem a winter fuel supply crisis, says the Telegraph.

Europe’s biggest economy will increase gas stockpiles and aim to cut down on the use of energy by its dominant industrial sector, economic minister Robert Habeck said in a statement on Sunday.

“Security of supply is currently guaranteed. But the situation is serious,” he added.

India’s Coal Proliferation Contradicts Global Climate Drama

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The message from the world’s most populous hot country is clear: more coal please. Climate obsessives take note.

PA Pundits - International

By Vijay Raj Jayaraj~

We have a crisis in India, and it is not with the climate. Power plants for the world’s second largest consumer of coal are running out of stock, leaving a billion people at the risk of blackouts and forcing industries to close facilities.

To resolve the situation, the Indian government has authorized increased importation of thermal coal, removed all import duty on coal, is reopening hundreds of closed coal mines, and has asked existing domestic mines to produce at unprecedented rates. The country has even canceled dozens of commercial trains to make room for the freight trains that carry coal.

Coal-fired plants produce more than 70 percent of all electricity consumed by India’s 1.3 billion people. Indicating greater demand, coal-based electricity registered a 3.12 percent increase in March 2022 compared to a year ago.  Coal shortages can have a devastating effect on the Indian economy.

For the past…

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European Hypocrites Return To Fossil Fuels

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Politics: Putin effect overtakes greenhouse effect.

PA Pundits - International

By Duggan Flanakin ~

At the beginning of March, Frans Timmermans, the European Union’s Executive Vice President for the European Green New Deal and European Commissioner for Climate Action, announced that EU nations planning to burn coal as an alternative to Russian natural gas are not out of line with the EU’s climate goals.

The news came just a week ago that United Kingdom housing secretary Michael Gove would likely approve the nation’s first new coal mine in three decades. The new plant, if approved, would produce coking coal for steelmaking. The reason? Russian coal is toxic now.

In Germany, whose leaders have been busy decommissioning nuclear plants, RWE, Vattenfall, and Steagare now preparing to run their coal-fired power plants perhaps long beyond yesterday’s 2030 death date. Today, German coal companies are preparing power plants to operate at full speed, arming themselves in the event Russia cuts off…

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UN Secretary General claims use of fossil fuels will lead to ‘mutually assured destruction’

Coal-hungry China [image credit: democraticunderground.com]

More doom-laden propaganda, pretending climate theories are facts and so on.
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The UN Secretary General says the rush to use fossil fuels because of the war in Ukraine is “madness” and threatens global climate targets.

The invasion of Ukraine has seen rapid rises in the prices of coal, oil and gas as countries scramble to replace Russian sources, says BBC News.

But Antonio Guterres warns that these short-term measures might “close the window” on the Paris climate goals.

EU unveils plan to end reliance on Russian gas

A roadmap to cut imports of Russian gas by two thirds in a year – but they’ll need somewhere else’s gas, whether from fracking or not, plus some coal, instead. Gas storage is to be greatly increased. But how exactly they plan to ‘ramp up’ hydrogen production, and at what cost, remains to be seen. Climate obsessions will have to be shelved for a while.
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The European Commission has outlined a new energy roadmap designed to cut reliance on Russian gas by two thirds in just a year, reports BBC News.

The plan envisages ending reliance on all Russian fossil fuels “well before” 2030.

In the short term, gas should be sourced from the US and Africa while some countries may need to use more coal in the months ahead.

IEA: Coal set for record highs in 2022 despite net-zero pledges

Credit: Coal India Limited

After COP26 – the real world. In much of the world ‘net zero’ and suchlike so-called climate targets are not a priority, as they strive to increase access to electricity – just like richer countries once did.
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The economic rebound from the pandemic is taking coal power generation to a new record high this year reports OilPrice.com, with global coal demand likely hitting another new high next year, undermining net-zero efforts, the International Energy Agency (IEA) said in its annual Coal 2021 report released on Friday.

According to the agency, the 2020 collapse in coal demand turned out to be smaller than anticipated, as China’s recovery began sooner than expected and turned out to be stronger than initially forecast.

Based on current trends, global coal demand is set to rise to 8025 Mt in 2022, the highest level ever seen, and to remain there through 2024, the IEA estimates.

UK energy Balancing Mechanism costs ‘skyrocketed by 294%’ – to nearly £1 billion for the quarter year

Of course if the UK was willing to tap its own coal and onshore gas and had enough places to burn them, which could have been the case but isn’t, much of this eye-watering expense wouldn’t be needed. But foolish climate obsessions like costly so-called renewables and ‘net zero’ have dulled the minds of too many politicians so here we are. Expect more of the same.
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From September to November, the BM cost reached £967m, compared to £337m the same period last year, reports Energy Live News.

The crisis in the energy market has so far had many collateral damages – one of them, the cost of the Balancing Mechanism (BM) that soared by 234% during the three-month period, from September to November.

The real reasons COP26 flopped – Climate Change Dispatch

Only alarmists could be impressed by an alarmist echo chamber, and even that didn’t work on the street protesters. As CCD puts it: ‘what kind of conference is it that invites only people with one viewpoint?’
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King coal is dead, long live king coal! That might be a fitting epitaph for COP26, which mercifully ended last Friday, says Climate Change Dispatch.

It culminated with an agreement, which had not so much been watered down as to have virtually evaporated. Fossil fuels, it seems, are here for the foreseeable.

What went wrong? That’s a question the ‘deeply frustrated’ COP26 president Alok Sharma might well be asking himself.

He appeared to be close to tears at the denouement of the negotiations, pushed to emotional extremis by the last-minute wrangling over a single word: should we commit ourselves to phase out our use of coal, or phase- down our use of coal.

Coal And Oil Continue Domination: Unexpected Demand Creates Global Energy Havoc

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When the energy going gets tough…coal, gas and oil get going.

PA Pundits - International

By Vijay Raj Jayaraj~

Coal is no longer the king. Era of Oil is over. Our economies will be Carbon neutral.

These are some of the common claims that you might have heard or read in the mainstream media.

Many people truly believe that our economies are being decarbonized and getting rid of the dirty coal and evil oil. This is because they have been informed so.

However, the ground reality is strikingly different. Not only are fossil fuels still leading the energy mix, their prospects are stronger than ever.

The post-pandemic economic recovery has sent the fuel demand skyrocketing across the globe. Coal and Oil–the two most used energy resources are in high demand and their prices have touched record highs.

Unfortunately, many nations were caught off-guard, partly because of the unexpected pace of economic recovery and partly due to misleading projections about coal and oil demand.

Early…

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Europe asking Russia for more coal is set for disappointment

German coal: back to the future
[image credit: BBC]

What to do when you need reliable electricity generation *now*? Pay up, look big and burn fuel – if you can get it, and have something to burn it in. Renewables-obsessed governments are struggling to justify their blinkered ‘net zero’ policies now the energy chips are really down. All this with the COP26 climate talks looming.
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It’s not just extra natural gas that Europe’s struggling energy markets are finding tough to get from Russia, says Bloomberg (via MiningWeekly.com).

Power producers in the continent are being forced to ask Russia for more coal to ease an energy crunch with winter approaching and record-high gas prices denting profitability, according to officials at two Russian coal companies.

But they may be left stranded as any increase in exports from the country won’t be substantial, they said.

Britain runs coal power stations amid energy crisis

Drax power station, generating 7% of Britain’s needs, is partly converted to burning imported woodchips.

UK energy policy, based on hypothetical climate theories, is unravelling just as PM Boris Johnson is claiming at the UN that going green is easy. Alternatives to coal are proving to be a lot more problemmatical than expected. Running short of affordable power is an avoidable outcome of supposed climate strategy, and makes governments look incompetent.
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Britain, which faces soaring natural gas prices, has been forced to run coal-fired power stations in order to secure energy supplies, electricity generation company Drax said on Thursday.

The country is particularly exposed to Europe’s ongoing energy crisis due to its reliance on natural gas to generate electricity, says TechXplore.

The price of European gas futures has more than doubled since May.

Britain saved by coal – at huge cost

The old question of where the electricity supply is supposed to come from when the wind doesn’t blow keeps coming up, and no satisfactory answer – if there’s any answer at all – is ever heard. Today could be a repeat as wind is currently (9:15 am) supplying a lowly 6% of demand, with similar weather conditions. Of course none of this should be a surprise, as climate dogma can’t overthrow reality. Soon enough coal burning will be history in the UK.
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Britain’s fragile electricity system is a national embarrassment and a warning to the world, says The GWPF.

The entire UK wind fleet was in effect completely absent for much of the day, only rising above a few percent of its theoretical output late in the day when the crisis was over.

As a result, conventional gas- and coal-fired generators had to be fired up. The UK’s creaking grid was therefore effectively being propped up by fossil fuels.

Renewable production not keeping pace with new demand

The amount of additional electricity required worldwide is more than any existing increase in output from renewables. As value-for-money fossil fuels – coal and gas mostly – fill the breach as it were, ‘decarbonisation’ is in effect going negative (if it was ever doing anything else). Let COP26 delegates chew on such ‘challenges’ as they’re called, in Glasgow later this year.
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The planet’s electricity demand is expected to rebound strongly this year and next after falling by around 1% in 2020, according to a new publication from the International Energy Agency.

Released on Thursday, the IEA’s electricity market report predicts that global demand for electricity will increase by nearly 5% in 2021 and 4% in 2022 as economies around the world seek to recover from effects of the Covid-19 pandemic, says France24.

The report from the Paris-based organization notes that although electricity production from renewable energies “continues to grow strongly” – it is expected to increase by 8% this year and more than 6% in 2022 – it does not, cannot meet the growing demand.

Asian coal plant drive alarms climate alarmists

Coal-hungry China [image credit: democraticunderground.com]

Prosperity before flaky climate theories for Asia’s present and future industrial powerhouse economies. Once again we’re sold the myth of ‘cheaper renewables’, which always need subsidies — even for being turned off.
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Five Asian countries are responsible for 80 percent of new coal power stations planned worldwide, says Phys.org, with the projects threatening goals to fight the climate crisis, a report warned Wednesday.

China, India, Indonesia, Japan and Vietnam are planning to build more than 600 coal plants, think-tank Carbon Tracker said.

The stations will be able to generate a total of 300 gigawatts of energy—equivalent to around the entire electricity generating capacity of Japan.

G7 countries want to prevent ‘uncontrollable climate change’, but when was it ever controllable?

Coal-hungry China [image credit: democraticunderground.com]

Where’s the evidence that tinkering with carbon dioxide output can control anything? A think-tank chief said: “It puts the burden on any fossil fuel development now to prove that it’s 1.5C compatible”. How anyone is supposed to do that remains a mystery.
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The Group of Seven wealthy nations on Friday agreed to end state financing of coal-fired power plants by the end of this year, and to “mostly decarbonise” electricity supplies in the 2030s, reports France24.

Ahead of a leaders meeting in Britain next month, G7 countries’ climate and environment ministers also reaffirmed their commitment to keep temperature rises below 1.5 degrees Celsius by 2050, following a two-day virtual meeting.

Scientists say any increases beyond that will trigger uncontrollable climate change. [Talkshop comment: *some* scientists say…].

Tesla will no longer accept Bitcoin over climate concerns, says Musk

Tesla Model 3 [image credit: Vauxford @ Wikipedia]

Climate or environment? The confusion, or conflation, of the two is obvious, often deliberate, and not by any means confined to Tesla’s boss. If the company is waiting until ‘mining shifts to using more sustainable energy’, it could have a long wait.
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Tesla has suspended vehicle purchases using Bitcoin due to climate change concerns, its CEO Elon Musk said in a tweet.

Bitcoin fell by more than 10% after the tweet, while Tesla shares also dipped, reports BBC News.

Tesla’s announcement in March that it would accept the cryptocurrency was met with an outcry from some environmentalists and investors.

The electric carmaker had in February revealed it had bought $1.5bn (£1bn) of the world’s biggest digital currency.