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Science : No single or combination of alternative energy resources can replace fossil fuels

Science : No single or combination of alternative energy resources can replace fossil fuels

Preface. Even though this research was from 2002, it is still true today.   There simply are no replacements for the fossil fuels that power our civilization.  If only scientists could violate the laws of thermodynamics and physics.

Even if there were Something Else, we’re running out of time, energy, and mineral resources to replace fossil fuels despite having had all of human history and the last few centuries to find alternatives. Energy transitions take decades. It took 50 years for oil to capture 10% of global energy after it was first drilled in the 1860s, and 30 more years to provide 25% of all energy. It took 70 years for natural gas to go from 1% to 20% of global energy (Smil 2010).

The larger the scale of existing infrastructure, the longer fossil substitution will take. In 2019, wind and solar contributed just 1.3% of total world energy consumption (BP 2020).

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Experts question new energy sources. Oct 31, 2002. AP.

None of the known alternate energy sources are technically ready to take the place of fossil fuels experts say in a new study.

The study by 18 scientists and engineers in university, government and private labs evaluated technologies that would make energy without burning oil, coal or natural gas and found that no single system or combination of systems could replace these fossil fuels.

Hoffert said a combination of renewable energy sources — such as wind and solar power generation, or electrical power beamed from orbiting solar satellites, and nuclear fusion power plants — “are theoretically capable of keeping our civilization going into the future, but the problem is that we haven’t taken the challenge seriously enough to do research in it. We are putting practically nothing into really, seriously studying the problem.”

…click on the above link to read the rest of the article…

 

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa

Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland

The map above shows which countries consume less electricity than the amount consumed by global bitcoin mining
Bitcoin’s ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it’s a bubble waiting to burst.

However, most the coverage has missed out one of the more interesting and unintended consequences of this price increase. That is the surge in global electricity consumption used to “mine” more Bitcoins.

According to Digiconomist’s Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoin’s current estimated annual electricity consumption stands at 29.05TWh.

That’s the equivalent of 0.13% of total global electricity consumption. While that may not sound like a lot, it means Bitcoin mining is now using more electricity than 159 individual countries (as you can see from the map above). More than Ireland or Nigeria.

If Bitcoin miners were a country they’d rank 61st in the world in terms of electricity consumption.

Here are a few other interesting facts about Bitcoin mining and electricity consumption:

  • In the past month alone, Bitcoin mining electricity consumption is estimated to have increased by 29.98%
  • If it keeps increasing at this rate, Bitcoin mining will consume all the world’s electricity by February 2020.
  • Estimated annualised global mining revenues: $7.2 billion USD (£5.4 billion)
  • Estimated global mining costs: $1.5 billion USD (£1.1 billion)
  • Number of Americans who could be powered by bitcoin mining: 2.4 million (more than the population of Houston)
  • Number of Britons who could be powered by bitcoin mining: 6.1 million (more than the population of Birmingham, Leeds, Sheffield, Manchester, Bradford, Liverpool, Bristol, Croydon, Coventry, Leicester & Nottingham combined) Or Scotland, Wales or Northern Ireland.
  • Bitcoin Mining consumes more electricity than 12 US states (Alaska, Hawaii, Idaho, Maine, Montana, New Hampshire, New Mexico, North Dakota, Rhode Island, South Dakota, Vermont and Wyoming)

…click on the above link to read the rest of the article…

China Electricity Consumption Grows At Slowest Pace In 30 Years

China Electricity Consumption Grows At Slowest Pace In 30 Years

Chinese Electricity Consumption year-to-date grew at 1.3% year-over-year in June. As China People’s Daily reports, this is the slowest pace for mid-year in 30 years according to China Electricity Council.

 

As China People’s Daily reports,

China Electricity Council released “A Brief on 2015 Jan.-Jun. Electricity Industry” on July 21,reporting a declined acceleration rate on power consumption of 1.3%- the lowest acceleration rate in 30 years.

According to the brief, the first half of 2015 sees a total electricity consumption of 2662.4 billion kWh all over China. Electricity supply relatively surpasses the demand, but the investment in electricity construction still increases.

The data varies in different areas. There are 19 provinces whose acceleration rates are above the 1.3% national average, and there are 9 provinces whose acceleration rates are below zero.

The data also varies in different industries. Electricity consumption in secondary industry decreases by 0.5%: the very first time to decrease in five years. Electricity consumption in light industry increases by 2.1%, while heavy industry decreases by 0.9%.

Electricity data has long been the barometer of economy. According to China Energy News, experts point out that the decreased acceleration rate is the indicator that China has entered a phase of slower economic development.

*  *  *

While we know only a tin-foil-hat-wearing fringe blog would question the honesty of China’s headline macro data, the weakest growth in Electricity consumption in 30 years does tend to suggest things are not as ‘unicorns and ponies’ as some would have the world believe.

 

Olduvai IV: Courage
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Olduvai II: Exodus
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