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French And German Power Prices Soar As Cold Sweeps Europe
French And German Power Prices Soar As Cold Sweeps Europe After a mild start to the year, cold weather sweeping across western Germany, France, and the UK led to a surge in electricity prices on Tuesday. French day-ahead power prices jumped to 135 euros a megawatt-hour, a 42% increase versus the rolling two-week average. The […]
Renewables Are Slowly Approaching Diminishing Returns
Renewables Are Slowly Approaching Diminishing Returns Photo by Ryan Grice on Unsplash Once a source of hope for maintaining our modern lifestyle, renewables are close to hit diminishing returns (i.e.: providing less and less benefit to society with every addition of a new solar panel or wind turbine). For the record: fossil fuels have long passed the same […]
Global NatGas Prices Sink As Warm Weather Spreads
Global NatGas Prices Sink As Warm Weather Spreads US and European natural gas prices are sliding as warmer weather reduces demand for the heating fuel, and storage levels remain high. Risks of a global energy crisis are diminishing for now — well — that’s until the next cold blast strikes. The polar vortex that sent […]
Europe’s Energy Crisis Is Just Getting Started
Europe’s Energy Crisis Is Just Getting Started While Europe managed to fill its gas storage ahead of winter this year, it will have to import huge amounts of LNG in a competitive market to survive next winter. The next 12 to 24 months will be critical in establishing whether Europe can stave off a long-term […]
Europe’s Energy Crisis Is Reshaping Geopolitics
Europe’s Energy Crisis Is Reshaping Geopolitics Europe’s energy crisis is fueling a major geopolitical reconfiguration. The IEA is warning that we are currently living through a “global energy crisis of unprecedented depth and complexity,” and that “there is no going back to the way things were.” The financial vulnerabilities emanating out of Europe threaten to […]
Switzerland, Facing an Unprecedented Power Shortage, Contemplates a Partial Ban on the Use of Electric Vehicles
Switzerland, Facing an Unprecedented Power Shortage, Contemplates a Partial Ban on the Use of Electric Vehicles It turns out that you can have battery-powered cars, or you can have renewable energy, but you can’t have both. The Swiss Confederation usually imports electricity from France and Germany to keep the lights on over the winter, but […]
Science Snippets: Peak Fossil Fuels
Science Snippets: Peak Fossil Fuels Latest peer-reviewed journal article appears in the prestigious Elsevier series of journals: McPherson, Guy R., Beril Sirmack, and Ricardo Vinuesa. March 2022. Environmental thresholds for mass-extinction events. Results in Engineering (2022), doi: https://doi.org/10.1016/j.rineng.2022.100342. Full text: When the head of the conservative International Energy Agency admits we are in the midst of the […]
A quarter of America could experience LONG BLACKOUTS this winter due to energy supply problems
A quarter of America could experience LONG BLACKOUTS this winter due to energy supply problems (Natural News) Large parts of North America could face long blackouts and other energy emergencies this winter as supplies of natural gas and coal begin to tighten. According to the latest seasonal assessment of the North American Electric Reliability Council (NERC), a large […]
Today’s Energy Crisis Is Very Different from the Energy Crisis of 2005
Today’s Energy Crisis Is Very Different from the Energy Crisis of 2005 Back in 2005, the world economy was “humming along.” World growth in energy consumption per capita was rising at 2.3% per year in the 2001 to 2005 period. China had been added to the World Trade Organization in December 2001, ramping up its […]
Europe May See Forced De-Industrialization As Result Of Energy Crisis
Europe May See Forced De-Industrialization As Result Of Energy Crisis European industries including ferroalloys, fertilizer plants and specialty chemicals are shutting down as a result of the ongoing energy crisis. Certain industries may not come back, even if the energy crisis eases. An increasingly tight regulatory environment is another reason for de-industrialization in Europe. The […]
Norway’s Top Energy Exec Warns EU’s Supply Crunch Won’t Be Solved With Price Caps
Norway’s Top Energy Exec Warns EU’s Supply Crunch Won’t Be Solved With Price Caps EU energy commissioner Kadri Simson said Wednesday that natural gas price caps could limit excessive price spikes but only if countries give Brussels the power to impose such a measure. Norway’s top energy firm responded to the proposal in an interview […]
IEA: The Current Energy Crisis Is Unprecedented
IEA: The Current Energy Crisis Is Unprecedented The executive director of the International Energy Agency has said that the world is currently in the middle of the first truly global energy crisis. Natural gas markets are particularly tight, and they are set to worsen next year as demand climbs and Europe struggles to replace Russian […]
Farm grade diesel shortage could threaten new crops
Farm grade diesel shortage could threaten new crops DOVER, Fla. — A tax-free diesel fuel shortage for farmers in Central Florida is threatening crops and could send prices for agriculture commodities skyrocketing by early next year. Farmers are reporting a shortage of diesel fuel from suppliers at the port, which is leading them to fuel […]
German Energy Apocalypse Update VII
German Energy Apocalypse Update VII The only published footage of the damage to the Nord Stream pipelines, featured on my Nord Stream Conspiracy Thread, turns out to come from Expressen, a Swedish newspaper. Their reporters hired undersea drone operators and took a boat out to the site of the explosions off the island of Bornholm. There, they found […]
UK Grid Operator Offers Households Money To Stop Using Appliances Amid Energy Crisis
UK Grid Operator Offers Households Money To Stop Using Appliances Amid Energy Crisis The National Grid warned Britons of winter power blackouts earlier this month if it can’t import enough natural gas and electricity from other parts of Europe. According to Daily Mail, the grid operator developed a new scheme to prevent the worst-case scenario of power […]
