Gazprom sees China’s total 2021 gas imports at 160 bcm, says CEO
Thats a big volume – no doubt. But the real issue is how much more will China import in the future or will it even be able to hold the place it has right now. One issue is the uncertainty about the Chinese market. I expect China to go into a tailspin as bringing industries back home gathers steam in many countries. China is not trusted anymore and that can be measured by the exodus of companies from the Middle Kingdom. The other issue is profitability. I don’t believe that Russia makes any money from the gas exports to China. Thats why I don’t expect massive additions. It’s a political stunt.
Powering the Future – The Promise of Batteries
When I was a kid I loved Star Trek – I waited for it every week. One thing I was fascinated with was how much energy they could obviously store in very small places. The handfasers were a case in point. Very powerful weapons with very little place for energy storage. But little did it matter – I trusted that engineers would figure that out. And in part – they did. Batteries have become vastly better than what I knew during my childhood but now we are pushing physical limits. Most of the improvements over the last 10 years came from better loading and unloading management rather than fundamental advances. Batteries are still very far from being able to do what we expect from them. Let’s not build our economies on them just yet.
US highlights China coal consumption
Looks like China has slipped to the bad side of the US as in the past they have never pointed at China’s coal reality. The numbers are stark. China costumes more than half the annual coal of the planet. Yes, that’s right – China burns every year as much or even more coal than the entire rest of the planet combined. Tell me again that this can be ignored. Not that I would mind China burning coal but why would coal be less of a problem if it’s burned in China instead of the rest of the world?
Uniper Completes Early Trials in Germany to Move LNG by Rail
Outstanding development – I congratulate Uniper and Liquis. They read the signs correctly. It will be much harder to build pipelines in the future – especially because of environmental activism but the need for balancing energy will also rise inexorably because of ever more renewables in the system. Only gas can bring fast relief. And when you transport the LNG instead of gas, you build a small tank at the destination and have your own private storage. Plus, smart management of the railcar flow establishes something like a linepack arriving when it’s needed. Rails get new life.
Natural Gas Intelligence Chinese gas demand growth to slow
I went to a french law school. Already from the start, I knew that I wanted to specialize in something that’s useful in business so I picked taxes and contracts. Part of it was a course called accounting for tax lawyers. As I was not very young anymore I also ran a small tourism business. And this way I had the theory and lived reality right at the same time. One thing that hit me was that Key Performance Indicators were one huge invitation to cheat. Thats why I never trusted figures. Especially not from highly obscure places like China. China is in deep economic trouble – and in time the figures will show it. Demand will be lower for more than just gas in the future.
New Study: 62 km² (+6%) Net Expansion In 100s Of Pacific-Indian Ocean Island Shorelines From 2000-2017
We get inundated with data that clearly shows that pretty much anything the alarmists have predicted is bogus. Islands get bigger, people living by the sea for decades cannot make out any change in rea level, polar bears are thriving, the Arctic is still not ice-free, glaciers grow again and it gets a whole lot colder. But when one talks to an environmentalist they just hold their hands over their ears and lala it. Just happened to me days ago in front of my house when I talked to an MP and told him about the net ice gains in Antarctica. He yelled that he does not believe it and walked off.
Watts Up With That? Renewables Rejected: Demand for Reliable & Affordable Power Driving Asian Coal Renaissance
Just look at those prices. Less than 2 years ago the economics of coal were questionable for producers. Prices were very low and some mines could not produce profitably anymore. No more – coal prices today have revived the entire industry and it does not look like that they will be able to reduce production for the foreseeable future. Europe will come back to coal when people have suffered enough. Not North America though as cheap shale gas puts a lid on what’s possible for coal there. But that should not matter much to the industry at all.
STOP THESE THINGS Climate Activist Fury at BBC Suggestion they Target China
So Climate activists are business conscious after all. I assume that they get very nice treatment in countries like China as long as they are a pain in the neck to their competitor nations. That being said, China might quickly find out that it’s dealing with the devil’s grandmother here. Because every green organization has two kinds of members – those that care about the business and they’re forthcoming, and the footsoldiers who are much less swayed by the green on the bank but are animated by some lofty and mostly completely unrealistic goals. We should give those something to carp about.
Watts Up With That? Joe Manchin holds America’s energy independence, and economic future, in his hands
Manchin recognizes what many others in his party think as well. Biden is likely going to be a massive liability for the Democrats in 2022 and it’s also going to become worse in the year leading up to the mid-terms. And seems also to have the brains telling him that the voters are more and more disillusioned with the radicals on the left. Going with them will lose elections. Manchin is only the first one – there will be more. The Democrats were glued together by their disdain for Trump only. Now that the glue is gone, they self-immolate.
www.worldoil.com Texas oil regulator works to secure natural gas supply for potential weather emergencies
Texas has to build gas storage in order to avoid what happened to happen again. The state basically takes most of its gas directly from the system. No storage means no backup in case things go down. Build some storage sites and use them when gas feed from upstream goes down. It costs money but energy security is worth a penny.
www.worldoil.com California wants air pollution rules suspended to burn more natural gas
The political choices California has made brought this situation. Now it’s important to stay the distance and not soften the rules just because it hurts. I mean, your policies were bound to hurt very much and now loosening regulations to soften the blow would be politically dishonest. But who am I talking to? Politicians will never own the crap they have caused – they will always look for a cheap way out even if it means betraying the very principles they pretend to stand for. But let a regular citizen flaunt the rules just a bit and watch them being taken down for it. Live with what you made – it’s your fault California.
www.worldoil.com Democrats to investigate oil industry over “climate disinformation”
Yes, absolutely. But why so limited? Let’s have a look at the entire energy industry. Let’s have a look at all the disinformation that has been dished out by renewable energy companies and every other institution servicing the Green Industrial Complex. Let’s treat everyone with the same brush. I would welcome that very much. And let’s also decide now what is to be done about those who peddle disinformation. I suggest that everyone that is caught lying must pay back all the public money they have ever received. Deal?
www.worldoil.com Power Markets In Crisis
The crisis already produces effects. Just 6 months ago it would have been suicidal for a leading German politician to suggest building LNG import terminals to bring in US LNG. Tonight this has happened in a very popular TV debate. High prices and power unreliability start to gnaw away on the German prosperity (together with a plethora of other reasons) and people start to be worried. A few years ago I predicted that Germans will build new nuclear power plants before 2030. I stand by that prediction.
NOT A LOT OF PEOPLE KNOW THAT Renewable Britain Undersea Cable Failure Sends Electricity Prices Soaring
Ah, it’s the cable now. So not being capable to dump enough unwanted electricity into the continental market at will and purchase fossil and nuclear balancing power from the same is the culprit for Britons sitting in the dark. It could not possibly be that Britain has installed a lot of wind and solar, taken down a lot of reliable generation, and did not want to spend the fortune it costs to balance out unreliable power within its borders. What if the neighbors go for the same policy and cant buffer off Britains inflexibility anymore? It’s not the cable, it’s the crazy generation mix.
Watts Up With That? NYT: “Do We Need to Shrink the Economy to Stop Climate Change?”
It sounds crazy – yes it does. But comparing the regrowth movement to the genocidal Khmer Rouge in Cambodia is only appropriate. Human nature dictates that we are not the perfect human robots that some want us to become. Let me offer another, even crazier comparison. The Borg from the Star Trek series. A hive mind where individuality is completely erased for the benefit of the whole. In the end, it’s always the benefit of the leaders. The planet cannot sustain 8 billion people if we all live with what nature gives us. Who will decide how many shall live and who it will be?
Watts Up With That? GM Warns Chevy Bolt Owners Not to Park Within 50ft of Anything You Care About
Considering how unexpectedly those vehicles can erupt in fire, how violent it is, how hard to extinguish it is, and how toxic the fumes are, should any of those vehicles be allowed to come close to kindergarten, schools, hospitals, establishments for elderly care and children playgrounds to name but a few? Maybe there should be a flashing sign on the vehicle that reads “ATTENTION: DANGEROUS VEHICLE.
Watts Up With That? IPCC 6th Climate Report: Who Deleted The Medieval Warm Period? Tracks Lead To University Of Bern
I love history. No day goes by without me listening to some history podcast. Right now I listen to the history of the Axumite Empire during the second half of Antiquity. Every historian knows about climatic changes, the Medieval Warm Period, the Roman Warm Period, the Minoan Climate Optimum as there were major consequences from those in the historical records. The fortunes of empires changed with the climate. If anyone changed those records or deleted them to obtain results they could not otherwise have gone this is called fraud. Time to bring the courts in.
Watts Up With That? Cost Comparison: Decommissioning a Wind Turbine vs. Plugging & Abandoning an Oil Well
One comparison very few people ever make is how much useable energy does one oil or gas well produce over its lifetime. Then take a windmill and establish how much useable energy it produces. I insist on useable because wind and demand don’t always match. Hydrocarbons provide their energy when we need it. Wind when nature decides it wants to give us wind. Oil & Gas have a very vastly positive balance – no thing one could say about wind. They can’t live without subsidies during their lifetime, they need even more cash when they break down.
Watts Up With That? UK: E-car chargers will turn off to prevent blackouts
As all-electric vehicle owners are idealists that are free from the mean urges of normal people I am sure they will understand that they cant get their vehicle changed when they need it. I mean, with a little management and organization this should all not be a problem. Just make sure you think long and hard every day about how you will organize your day around the needs of your car. Easy. I am sure this will push sales for EV’s to the limits.
Watts Up With That? “Insulate Britain” Climate Activists Blamed for Motorway Crash
One thing those people seem not to understand is that there should be some ground-level support by the population. But they are just tiny groups and very extreme viewpoints and it’s highly unlikely that a majority population will agree with their actions and their goals so the only thing they can do is trying to influence another tiny group with zero anchoring in the general population. The politicians. It is time that activists face consequences for what they do. Legitimate protest does not include destruction or worse.
Watts Up With That? Craig Mackinlay MP: Did Boris Johnson tell the truth about Net Zero?
The self-delusion of the political classes still startles me. Any non-politician would automatically assume that those politicians were once normal people as well and sure they can remember a time when common sense was still part of their life. Nothing could be further from the truth. The elite bubble makes you forget any past in the normal world one might have had. Boris is totally off on this issue and it will do him no good in future elections. I think he implies does not see it because he does not want to see it. Those are our leaders.
Watts Up With That? COP26 And Carbon Imperialism: A Showdown Looming
It is always a tiny clique inside a nation or a group of nations that works towards such developments as it benefits them financially. Never the broader population. And when it comes to the Green Industrial Complex, this elite has no borders, They are in all countries and permeate all societies. When people accept that we are all sinners by breathing alone, it’s easier to make them pay to absolve their sins.
Watts Up With That? More Than One in Four Ships on Order Could Run on LNG
It’s not so long ago, just about 10 years when LNG as a marine fuel was still a very exotic option. Marine operators saw adopting LNG as a risk as they did not know it and anything you don’t know is inherently risky, regardless of its true merits. In just a decade the entire situation turned on its head. Today, you run a massive risk of having a vessel that will be hard to operate if you don’t use LNG as fuel. And the so-called green alternatives just don’t work. LNG is growing at breakneck speed and will continue to do so for the next 50 years. Bear that in mind if you are young and consider your career options.
Economics of blue hydrogen strong in near-term
The only thing strong in hydrogen, be it green or blue, is the stench of massive subsidies, both open and hidden. Nobody ever tells us about the actual costs. We always hear that it is economical. We hear this about wind and solar for decades now and still, every single operator that cannot get subsidies anymore closes shop instantly. After decades of technological progress. If anything the promoters of those projects promised would have come half true, those power sources would have replaced everything else a long time ago with no help at all. Nothing like this ever happened. Hydrogen is just wind and solar on steroids.
The world’s largest climate-positive direct air capture plant: Orca!
The IEA estimates that the world emits more than 30 billion tons of CO2 per year. Thats more than 600 Million times the capacity of this plant. What’s the cost point of that exercise again? I am sure we will be served with a batch of miracle numbers heavily seasoned by open and hidden subsidies galore. But the chicken always come home to roost as in the end, we have to pay them all. Whatever you get, drench it in a heavy dose of salt and multiply by 600 Million. Fittingly, the currently erupting volcano on Iceland emits more in a minute than this plant captures per year.
Solar Subsidy Farming
Most of the renewable energy projects I see around me remind me of a Ponzi scheme. They promise impossible returns, run on subsidies only, and when anything goes wrong they leave a mess behind for the shareholders and an even bigger mess for everyone as they never decommission their wrecks. Thats on top of a mountain of subsidies taxpayers has to cough up. I personally would qualify them as criminal enterprises and they should be treated as such. That being said, I assume there might be some politicians that would object.
Watts Up With That? Paul Ehrlich Got Almost Everything Wrong, but We Should have Listened to his Climate Warning
It took me a really long time to accept that those who almost always get anything wrong are the most listened to by institutions and the people. I once had a meeting with a friend. He asked me what I thought of a certain country and its LNG prospects with one particular project in mind. I told him it was a dud and I told him why I thought so. He dismissed me as a paper from a very reputable source that contradicted my view. Years later, the project was canceled for the reasons I stated. When I met with my friend again he still relied more on those who got it wrong. It’s all smoke and mirrors and most fall for it. Ponzis are easier to sell to the elites than to normal people.
Watts Up With That? Britain can’t rely on France and Ireland to keep the lights on
Just like Germany can’t always rely on Belgian and French nuclear power, Polish coal power, and Austrian hydro to keep the lights on. All European countries have pretty much used up their own flexibility and need whatever they export for themselves now. Those who have always exported their own inflexibility face dire times. I expect European network interconnection to be rolled back in some way in the future. Power nationalism is on the rise. Thats what wind and solar do.
NOT A LOT OF PEOPLE KNOW THAT Letter from London: Shipowners propose carbon levy
Oh, sure they do. This makes sure that everyone is treated by the same brush annihilating any competitive advantage those who are better run might have. Any stringent regulation and taxation get immediately explored by the monster shippers as they have specialized departments that have no other reason to exist than to create and exploit loopholes. the smaller fry can’t do that. A nice ploy to keep the small does small and to prevent any innovation that improves our air for real.
LNG shipbuilding capacity to tighten
And it will tighten some more. It’s curious that so many see the end of methane coming and yet, the LG industry is growing by leaps and bounds. With relatively high gas prices in Europe, another paradigm starts to unravel – that’s Europe is not a worthy destination for LNG. It is and if NS2 cannot allay concerns about Russian gas capacity, maybe LNG picks up some of the tabs. Because Europe, like many other regions, will need the gas. Ever more renewable capacity requires a reliable balance. And don’t forget LNG as fuel.
Australia rebuffs Biden, Boris and the UN and vows to keep mining coal
Thats what happens when reality seeps in and people (as well as politicians) start to understand what they have signed up to. In most countries, the batch of politicians that have signed up to the Paris agreement is gone. The new one has tried to play the fiddle but it’s not smiles and parties anymore, it’s pain and misery and for any politician worrying about reelection this is like gobbling horse manure. The unraveling starts. It will not be painless.
NOT A LOT OF PEOPLE KNOW THAT XR Leader Drives A Diesel!
This is pretty hilarious. She always comes back to the point that she has no choice but to use a diesel and make those flights and she does not even understand why her feet are being held to fire for it. We need much more of this. Those activists live in a bubble that always bounces their narratives back to them and affords them the certainty that what they do is right. There needs to be public shaming and finger-pointing as they do with all the rest of us. No more velvet gloves.
Twitter Beijing demands US fulfill wish list of demands in exchange for cooperation on climate change
Who expected anything else? Seriously, the biggest polluter on Earth blackmails all of us saying “We know you are afraid of Climate Change and we are the biggest polluters so do whatever we want, give us whatever we want and we might potentially think about doing something that allays your fears. Maybe. But let’s see this the right way. China is in a pickle as all their cheating starts to seriously unravel. Even hardened China fans know that the country has massive problems of their own making. Trying to foist this on the rest of the world looks like a good exit from that. They are afraid. We should not be.
Watts Up With That? Young People Flocking to Climate Change Political Activism Careers
Everyone wants to get money for nothing. Politicians have made it a profession. So have all top-level managers. An activist is nothing but another such type who has found a way to beat the drum for selfish reasons. They don’t really care about whatever cause they pretend to work towards. Wanna proof? The former leader of Austria’s Green party was a former activist. When she dropped out of politics she immediately grabbed a well-remunerated offer from a company she has always railed against. Did money change minds? Not really – I guess she had always been this way.
Watts Up With That? Capitalism Is Dead: Long Live The Expertocracy. Burnham’s The Managerial Revolution at 80
I don’t even agree with the term expertocracy. When I was a teenager I learned that there are 3 kinds of people on Earth. Those who need someone to tell them what to do, those who need others to tell them what to do, and those who steer clear of both aforementioned. It is an about 80/18/2 split in any society. Those who tell us what to do (politicians, career civil servants, managers) are not experts except insofar as they really know how to fleece the masses. And those wolves are never interested in real capitalism – they like socialism as in such a system they rule. Real capitalism would be good for the 80% and the 2%.
William M. Briggs Climate Policy Should Pay More Attention to Climate Economics
Whenever I hear or read about climate change economics, I always only hear about the potential negative impact of climate change. What about positive changes? Or do we really assume that the Earth is a perfect paradise and any change to it will always only bring negative consequences? It is not – mother Earth is a cruel mother and does not care much about the ants on its surface. And it showed us all throughout know human history. A warmer planet might be a better planet – more cold weather will make us wish we got warming back.
National Review Developing SA’s gas potential requires multiple lines of enquiry
Developing SA’s gas potential requires dropping the endless political innuendo first. South Africa is an economy of leeches. Countless levels of affirmative action have produced an army of stakeholders for any project that only expects to be paid handsomely for doing nothing. If you forget one of those leeches, you will have to fight a fight no business should ever face. No matter how much economic sense a project makes, its politics and a crazy quest to avenge the inequities of the past that kill them.
ESI-Africa.com Hyundai Motor vows to make hydrogen cars as cheap as EVs
Its important to always use the correct oxymoron. The words “cheap” and “EV” should not be used in the same sentence. If Hyundais’s chairman wants to create price parity between hydrogen vehicles and electric vehicles, he says essentially two things. First, he tells us that hydrogen is still a lot more expensive than EV’s. And second, he also assumes that a magic fountain of money will keep throwing massive amounts of subsidies at those vehicles as they are both much more expensive than hydrocarbon vehicles.
Scrubbers Can be Adapted for Low-Level Carbon Capture ‘Relatively Quickly’
A scrubber is in reality a pretty complicated chemical plant on a ship. They are here to scrub all kinds of things out of the exhaust stream and this leaves sludge behind nobody really wants to deal with. It’s an expensive, error-prone process without CO2 scrubbing. Wanna do 20-30% CO2 reduction without this complicated process onboard? Use LNG. No scrubbers are needed.
Blueprint for Bipartisan Climate Action
Bipartisan you say? I can’s see anything bipartisan in DC anymore as the vast majority of politicians from both camps have the same objectives. Worry not as those objectives have very little to do with the betterment of the people. Professional politicians are out for themselves first and most of the partisan hullaballoo is staged theatre. This packages problem is not partisan affiliation – it’s the lack thereof with the people’s needs.
LNG-fuelled vessel orders approach 30% of Gross Tonnage on order
Not even 10 years ago, LNG as a marine fuel was an oddity. Lots of hardened marine professionals were still in awe of this wonderous substance and thought they might not see it become mainstream in their lifetimes. How things have changed. LNG is the single best choice as a fuel for anything waterborne. Not only does it finally clean up shipping (it was about time) but it will also lessen maintenance needs for ship engines drastically.
Democrats Alarmed CEOs Not Rushing to Support Climate Bill Trillion Dollar Corporate Tax Rises
Now, thats a surprise. It really is – corporate CEOs were so busy dancing to the tune of global alarmist circles that I was under the impression they had no time for such frivolities as having a market to work with, consumers that are not too broke to afford what they have to offer. After the stunts, Biden has delivered since being sworn in, I doubt he has a lot of leverage left.
Watts Up With That? 23/25 Top GHG Emitting Cities are in Red China
I guess Greta has her marching orders. This is where the global frypan our planet is supposed to become gets its fuel. Question: how much sense does it make to cut back in countries that have not the slightest impact on global carbon emissions at great cost while the greatest emitter by any metric and by at least an order to magnitude gets a pass? We need XR in Bejing gluing themselves to the doors of the Great People Hall. I am sure that would do a lot to change things. Wouldn’t it?
Watts Up With That? Asia’s coal prices hit new highs as global utilities scramble for fuel
And they will rise some more. Coal is an incredibly reliable fuel for electricity production as the UK and Germans find out more and more every year. Asia is on a binge and I don’t blame them. They do what they know works. It is Europe and America that have come to believe in fairy dust and woo-woo economics and physics. Now we have to pay the price. Combined with colder weather every year, I see the green movement hit a wall.
Ballard Power Systems and Quantron AG announce a strategic partnership for the development of hydrogen fuel cell electric trucks
Come on – I read about fuel cells for trucks when I was in my teens. Now I look forward to retirement. They are still far away. It almost seems like the always elusive fusion power. Always some decades in the future. Never getting any closer. It’s physics folks. Smarts do a lot to make things and gear better, but physical limits are physical limits and with fuel cells, we really seem to be there. It’s time we stop throwing money at solutions that are constantly in the future. Let’s cut our losses.
Britain forced to fire up coal plant amid record power prices and winter squeeze
Green patina ambitions and renewable energy have a rendezvous with reality. Yes, so far network managers and engineers were able to mask the worst effects of wind and solar from the consumer. But with an ever-larger portfolio of such sources that eat into the reliable energy market, that becomes ever harder to do. You may confidently assume that whatever you feel right now is just the tiny tip of a massive iceberg of inflexibility the net is saddled with. When it topples over from it own weight, it will get biblical. In the beginning, there was darkness. Then comes the bill.
NOT A LOT OF PEOPLE KNOW THAT Australia can Live the Renewable Energy Dream – All We Need is a Trillion Dollars of Government Loans
When I was in my teens I wanted to rip a tear into the fabric of the world. Who does not want that at this age? I dreamt big, very big. Changing whole societies with the nicest of all things. My father, a no-nonsense businessman, always brought me back saying that if I had a money shitter I could do all this and more. I don’t blame the youth for dreaming of unrealistic things. I blame those in my age bracket and older that abet those illusions. Interestingly, some piece of those trillions always finds their way into their pockets.
Watts Up With That? Guardian: “Climate change deniers are as slippery as those who justified the slave trade”
I can see the writing on the wall. Soon we will have to wear distinguishing marks like was the case in a part of Europe around 80 years ago. Proof that history goes in circles. everything always comes back with a vengeance. But even during the most intense phase of Stalinism in the USSR, there were those who used their heads instead of giving in to the propaganda. Sam under almost any regime on the planet. Minorities, persecuted but still there. There will always be people that prefer facts to narratives. The attacks against realists turn ever more shrill. Do I smell the stench of desperation on the other side?
Watts Up With That? The White Elephant of Green Hydrogen
It is far worse than a white Elephant. The long-term president of Ivory Coast Houphouet-Boigny had built a huge cathedral in his birth village. Never mind that the cathedral was oversized for the village, the region, and the entire country. It busted the financial reserves the country had but once it was there they had a cathedral. It’s a tourist attraction and place of worship today. It cost Ivory Coast dearly – but it’s there now and has some residue usefulness. The hydrogen hype will only leave a gaping financial black hole in its wake that we all will have to fill. Hydrogen is as useful as a nose on your behind.
NOT A LOT OF PEOPLE KNOW THAT Is Joe Biden Killing Fracking for EVs?
Considering where Biden’s popularity figures are (even the friendliest media see him in a free fall and did so before Afghanistan) there are only two options for him. Either he turns on his heels and seeks t reconnect with the electorate to avoid a disaster in 2022 or he doubles down and becomes the mother of all lame-ducks. That would be interesting to watch by itself. Oh, let’s not forget that all those EV’s Biden wants will need plenty of electricity – generation capacity that does not exist yet. How he will do that without gas remains to be seen.
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- December 2012
- November 2012
