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German Power Plant Halted After It Runs Out Of Coal
German Power Plant Halted After It Runs Out Of Coal In the history of the world, German electricity prices have never been higher… … and if what just happened at the Steag Bergkamen-A electric plant is any indication, they are about to get a whole lot higher. According to Bloomberg, the global energy crisis has forced […]
Dutch Greenhouses Go Dark As Energy Crisis Worsens; Food Inflation Fears Mount For Europe
Dutch Greenhouses Go Dark As Energy Crisis Worsens; Food Inflation Fears Mount For Europe Soaring European gas and electricity prices are getting worse by the day, forcing a vast network of Dutch glasshouses, the largest on the continent, to limit output or go entirely dark, according to Bloomberg. This could have a devastating impact on food […]
The Looming Energy Crisis: People Are Going To Die This Winter
The Looming Energy Crisis: People Are Going To Die This Winter For many months myself and many of the investors I work with have become increasingly concerned at the growing instability and insecurity of energy markets. The 4 times spike in Gas prices this year has been a shocking wake-up call, highlighting energy insecurity in […]
Head Wind: When the Crisis Became a Business
Head Wind: When the Crisis Became a Business
UK Energy Crisis Shows Danger of Net Zero Emissions Policies: Aussie Senator
The United Kingdom from space. (Anton Balazh/Adobe Stock) UK Energy Crisis Shows Danger of Net Zero Emissions Policies: Aussie Senator The push for Australia to legislate a net zero emissions target has spurred discord from some government officials who firmly believe the climate policy could harm Australia’s energy security and industry amid the UK’s own unravelling energy crisis. Australia has […]
Richard Heinberg’s POWER: Limits and Prospects for Human Survival
Richard Heinberg’s POWER: Limits and Prospects for Human Survival If you know Richard Heinberg for his many previous writings on energy, you may initially assume that the title of his latest book refers to power strictly in its physics sense. But as you begin reading, it becomes apparent that he’s using a vastly broader definition […]
UK To Deploy Reserve Tanker Fleet And Military To Ease Energy Crisis
UK To Deploy Reserve Tanker Fleet And Military To Ease Energy Crisis Gas stations in English metro areas are running dry after six days of buying panic worsened shortages caused by insufficient truck drivers. For days, the UK government has contemplated the use of military truck drivers to replenish gas stations. Now there’s word the government’s reserve tanker fleet will […]
Global gas wars: the fun has just begun!
Global gas wars: the fun has just begun! Spot price for natural gas in Europe has just breached the psychologically important level of $1000 per thousand cubic meters, or a buck a cube. This has already had some significant results all across Europe. In the UK, fertilizer plants can’t operate at such prices and have shut […]
More Than Half Of China’s Provinces Are Now ‘Rationing’ Electricity, Governors Demand More Coal Imports To Resolve Crisis
More Than Half Of China’s Provinces Are Now ‘Rationing’ Electricity, Governors Demand More Coal Imports To Resolve Crisis At least 20 Chinese provinces and regions making up more than 66% of the country’s GDP have announced some form of power cuts. Guangdong province, the southern industrial hub, is cutting ~10% of its peak power demand… […]
Millions Of Chinese Residents Lose Power After Widespread, “Unexpected” Blackouts; Power Company Warns This Is “New Normal”
Millions Of Chinese Residents Lose Power After Widespread, “Unexpected” Blackouts; Power Company Warns This Is “New Normal” Just yesterday we warned that a “Power Supply Shock Looms” as the energy crisis gripping Europe – and especially the UK – was set to hammer China, and just a few hours later we see this in practice […]
Panic-Buying Could Leave 90% Of UK Gas Stations Dry; BoJo Considers Calling In Army To Resupply
Panic-Buying Could Leave 90% Of UK Gas Stations Dry; BoJo Considers Calling In Army To Resupply UK politicians panic as similarities to the 1970s-style “winter of discontent” of shortages and socio-economic distress have already materialized. Prime Minister Boris Johnson requested the Army to begin fuel deliveries to petrol stations. According to Reuters, 90% of petrol stations could […]
The Hidden Costs of Solar Photovoltaic Power
The Hidden Costs of Solar Photovoltaic Power Introduction Despite many optimistic predictions, solar photovoltaic (solar PV) power still represents only a small fraction of the global electricity supply as of 2020. More than two decades of nearexponential growth and investment in solar PV development have taken place, yet the amount of fossil fuels being burned […]
The Harsh Truth Behind Europe’s Energy Crisis
The Harsh Truth Behind Europe’s Energy Crisis Europe’s energy crunch is continuing, as gas storage volumes have shrunk to 10-year lows. A possible harsh winter could lead to severe energy shortages and possible shutdowns of large parts of the economy. While the main discussion is currently focused on the potential role of Russia in the […]
The value of a degrowth economy: Our planet would be richer for it
The value of a degrowth economy: Our planet would be richer for it (Cartoon by Mark David | @MDavidCartoons) Decades of economic expansion have come at the expense of developing nations and a tremendous cost to the planet. Degrowth is a healthier future option, writes Erin Remblance. THE THOUGHT of a degrowth economy can be scary. We’ve all grown […]
