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WTI $87.7/bbl
Brent $94.0/bbl
NL TTF gas €115MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

ZPPN woes
and

USA offshore delays cause spiralling costs and .... further delays

EU in a hurry

France in a hurry

and Poland

Finland not hurrying

Ammonia - Egypt - Germany

Storage helped California

10-days China-Europe fixed
 
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WTI $85.4/bbl
Brent $92.6/bbl
NL TTF gas €111MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

Not fair

EU tries fair, carbon

Money talk

Hydrogen storage

Sheesh, what's 1GW these days

It is all about battery materials

Harvesting the coal end game

and

mixing hybrid and elec for iron by rail

Bandar Abbas rail is building
 
WTI $88.6/bbl
Brent $95.6/bbl
NL TTF gas €98MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

EU gas back in double digits, the weather is warm here

Emissions rising

No proliferation treaty

post Brexit delusions

2.5GW Irish

Insights into the struggles of bigwind

Brazil tending away from megahydro

Actual real solar to hydrogen

Oh no not again, please save us from urban wind nonsense

India wind - solar ......... their coal surge will not last long (I hope)

Pakistan rationing

Manchin the orifice

Broad gauge matters
 
WTI $87.2/bbl
Brent $94.5/bbl
NL TTF gas €119/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

Recession ... slowdown .... demand destruction

Iran is not quietening down

Talking up offshore Phillipines

Subsidy-free offshore NL

Floaters rolling out too slow
and this is because 20MW floaters take time to squence

Cash to shutter coal
and

Brazil 4.6GW solar project (one !)

Chinese solar juggernaut

Interseasonal thermal rock

Grid lobby agin renewables

OPEC+ long term study

Surplus dinojuice cars

Iranian rail progress

Spanish rail progress

Italian right seeks southern rail pork
and storage

Southern cone transAndean stuff .... long time coming .... I watched both these lines get built back in the day

Brazil nuclear

EU nuclear

Bulgaria offs Russian nuclear

100-year nuclear
 
WTI $84.6/bbl
Brent $92.1/bbl
NL TTF gas €110/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

Taxes ...

Progressing 15MW

French floater pilot dead

French nuclear return

Big HVDC interconnect cable UK-Norway

Chile does storage

Sidestepping made in India

Talking hydrogen, USA

Talking up thermal storage

Storage primer
 
WTI $81.8/bbl
Brent $89.8/bbl
NL TTF gas €108/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

CoP loss fund, no liability

CoP stalling

Coal going down, globally, .... surely

Coal in China, ... limited

India coal, message lost

US shale, message received

Socialising losses, privating profits

US solar mfg, not an oxymoron
and

Solar efficiencies keep on rising

Duh ....

.... but where are the profits (this is the perennial problem for wind manufacturers)

Russian rail - looking eastwards

Russian rail - looking southwards

British rail, going nowhere outside London
 
WTI $81.8/bbl
Brent $89.8/bbl
NL TTF gas €117/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

As of November 16th, gas reserves in the EU were 95% full, and the total storage level in Germany was 100%. The unseasonal warmer front in Europe created a large safeguard for the usage of natural gas in storage for colder months ahead,

Playing chicken with ZPPN nuclear

Russia sanctions deadline looming

CoP 27 stuff
"“This Cop was something of a failure, because it completely let the world’s biggest emitter, China, off the hook,” he said. “Global emissions can’t fall until China’s emissions fall. This is the key to climate protection.”"

and
and

Germany makes nice to Saudi re ammonia, if you think this will be green I have a bridge to sell you

Big Grids r US

Big Batteries r AUS

but where from

US worries
 
WTI $82.2/bbl
Brent $89.7/bbl
NL TTF gas €124/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

Gazprom warned it will curb fuel traveling through Ukraine from November 28th, the last remaining pipeline still bringing Russian gas to western Europe

Russian nuclear stupdity
ZPPN -
and -
KNPP & RNPP

EU gas cap at €275/MWh .........

Chinese Covid resurgence

CoP insights

Surely to be expected

Solar efficiency paths

.....and new records (26.81%)

Mayflower wierdness

Chinese big turbines 14MW

Be kind to your inverter

Austria 1.2GW solar

Starting building big battery AUS .... and the battery seems to be growing

Suez ammonia

Trieste rail ... this sort of stuff may affect Tesla ships
.
Dualing China - Europe rail on Kazakh route
 
WTI $77.4/bbl
Brent $84.7/bbl
NL TTF gas €126/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

Russian oil price cap

China Covid

China double records

Tesla battery goes live in UK for 2h discharge duration at max capacity

Grid management, USA and many others paying close attention

Talking up tidal turbines, yet again

Not exactly dual use nuclear

Revolutions aren't always the end of the matter

Of gauges ...

Some people never miss an opportunity to prove they are dreadful
 
WTI $77.8/bbl
Brent $84.9/bbl
NL TTF gas €124/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

Dutch front-month natural gas futures were little changed below €130 MWh, close to levels not seen in a month, as supply concerns re-emerged again. On Tuesday, Gazprom warned it will curb gas traveling through Ukraine from November 28th, the last remaining pipeline still bringing Russian gas to western Europe. The transit cut will come at a time when temperatures are set to dip below average. On the other hand, above-normal temperatures so far this year allowed gas storage sites to remain near complete creating a buffer for the winter. As of November 20th, gas storages in the EU were 95% full, and the total storage level in Germany was 100%. Meanwhile, EU energy ministers are set to meet Thursday to discuss the price cap proposal. The current European Commission proposal for €275 per megawatt-hour upper cap on TTF gas prices, is too high for many countries to accept and makes little difference.

Russia the terrorist state committing war crimes

US in CoP corner woes

First French offshore finished

Temporary pause ?

Venezuelan matters

Ukraine grain rail (these must be the European rail gauge)
 
WTI $77.7/bbl
Brent $84.7/bbl
NL TTF gas €125/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

Dutch front-month natural gas futures are trading around €125 MWh and are on track to gain nearly 8% on the week, as cold weather is approaching and supplies remain scarce. Mild weather so far has helped to keep prices below record highs reached in August while gas storages in the EU were 94.6% full, and the total storage level in Germany was 99.3% as of November 22nd. However, the situation remains challenging as a rapid surge in demand could pressure stocks while supply remains limited. Gazprom warned it will curb supplies traveling through the pipeline crossing Ukraine from November 28th, which is the last remaining link still bringing Russian gas to western Europe. On the political front, European energy ministers agreed to postpone the approval of a proposed gas price cap at €275/MWh to mid-December.

Demand destruction signal embedded in freight cost, recession

Proper payment motivates real change

Russia deliberately targetting Moldova, no accident

Military legitimate my posterior

Fear of capping seems to be working in sweating the discount in advance

The race to 20MW goes onwards

Long term short term conflict

Hmmm .... missing important LG battery recalls details - chemistry and form factor - do I sniff NMC pouches ?
Australian consumer watchdog expands LG solar battery recall

Interesting (but sponsored) article, beware advertoria spin

Underwhelming CoP truth

Big German heavy industry hydrogen hopes

War stalls auction

Long duration hydro

Angst over EU - US trade war over US subsidies

China finance no longer welcome on Europe strategic rail

Chinese solar juggernaut

Ukraine rail expands

Kerch rail still out
 
My eye was caught by the McKinsey 'study' looking at a possible 2050 hydrogen scenario that reported a possible 660 million ton/year hydrogen production (and therefore consumption) scenario in 2050.


"McKinsey & Company said that total hydrogen demand could reach 600 million to 660 million tons by 2050 if four key conditions are met. The industry must scale up competitive supplies, stimulate local demand, facilitate cooperation across value chains, and develop transportation tech focusing on liquid hydrogen or ammonia. “Converting hydrogen to ammonia for transport to Europe from the Middle East then converting it back into hydrogen could result in an additional cost of $2.50 to $3 per kilogram of hydrogen in 2030, which is significant, given that green hydrogen production costs could be less than $2.00 per kg by 2030 in the region,” said the management consulting firm."

The full report is at The clean hydrogen opportunity for hydrocarbon-rich countries

A quick comparison suggests that only comparing with oil this suggests a 85% conversion to electricity (i.e. non-fossil renewables) by 2050 with 15% to hydrogen. What I find interesting is the assumption that a minority technology can remain relevant in such an industrial transformation. When you add in the parallel gas and coal transitions (which are approximately equal to oil in fag packet terms) this suggests that hydrogen would be approx 5% of total energy/'petro'chem feedstock at that point. It is not often that a minority technology can develop the necessary amount in the context of such a major rollout of a vastly dominant competing technology taking 95% of the market.

It is also unusual to propose that such a thing might happen and yield an outcome where the replacement substitute product might be 300% more expensive than the current product. Highly unusual in the context of an environment where the mainstream substitute product (renewables) is taking over the market because it is becoming cheaper than the current norm (fossils).

Hmmmm ......... McKinsey wouldn't be guilty of running a false advertising campaign for dino-juice countries would they ........

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EU demands rapid response to Joe Biden’s $369bn green subsidy package

European Union ministers say time is running out to resolve a simmering dispute with the United States over Washington’s $369 billion in green subsidies as they seek to avert a transatlantic trade war.

Josef Sekela, the Czech minister chairing a meeting of EU trade ministers in Brussels on Friday, said he wanted solutions by the next meeting of the separate bilateral trade and technology council on December 5.

He added, “What is important for us is that the United States recognizes our concerns and that the working group must work to find a solution that is acceptable to both parties.” “We will focus on developing specific solutions for the TTC on December 5th.”

The IRA provides tax breaks and subsidies to American consumers and businesses for products such as electric cars, wind turbines, and green hydrogen as the United States tries to reduce carbon emissions while creating jobs. Most are only available for products that are largely made in the United States. It takes effect on January 1, ............

....... Some EU members, such as France, have called on Brussels to replicate the US law with its own “European buy” subsidy system. German Economics Minister Robert Habeck also suggested an increase in subsidies.

Even Ireland, one of the US’ staunchest allies in the European Union, has warned of the consequences if a quick solution is not found. Leo Varadkar, Deputy Prime Minister, said: “There will be a response from the European Union. Nobody wants to get into a one-on-one race or to subsidize but what the US has really done is not compatible with the principles of free trade and fair competition........ etc”





 
....... Some EU members, such as France, have called on Brussels to replicate the US law with its own “European buy” subsidy system. German Economics Minister Robert Habeck also suggested an increase in subsidies.

I find this part particularly interesting, as Tesla would be positioned to take advantage of this with batteries and cars produced from Giga Berlin.
 
EU demands rapid response to Joe Biden’s $369bn green subsidy package

European Union ministers say time is running out to resolve a simmering dispute with the United States over Washington’s $369 billion in green subsidies as they seek to avert a transatlantic trade war.

Josef Sekela, the Czech minister chairing a meeting of EU trade ministers in Brussels on Friday, said he wanted solutions by the next meeting of the separate bilateral trade and technology council on December 5.

He added, “What is important for us is that the United States recognizes our concerns and that the working group must work to find a solution that is acceptable to both parties.” “We will focus on developing specific solutions for the TTC on December 5th.”

The IRA provides tax breaks and subsidies to American consumers and businesses for products such as electric cars, wind turbines, and green hydrogen as the United States tries to reduce carbon emissions while creating jobs. Most are only available for products that are largely made in the United States. It takes effect on January 1, ............


....... Some EU members, such as France, have called on Brussels to replicate the US law with its own “European buy” subsidy system. German Economics Minister Robert Habeck also suggested an increase in subsidies.

Even Ireland, one of the US’ staunchest allies in the European Union, has warned of the consequences if a quick solution is not found. Leo Varadkar, Deputy Prime Minister, said: “There will be a response from the European Union. Nobody wants to get into a one-on-one race or to subsidize but what the US has really done is not compatible with the principles of free trade and fair competition........ etc”





This reminds me of when Ontario began its own green energy act about 14ish years ago. Our rooftop solar array had to have a certain % made in Ontario factor to be able to participate in what was the MicroFIT (feed in tariff) program. Ultimately, an argument (by Japan (?)) made to the WTO gutted the made in Ontario aspects; domestic solar producers closed while imports from China took off.
 
WTI $74.2/bbl
Brent $81.2/bbl
NL TTF gas €124/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

On Monday, Gazprom continued to ship gas to Europe via Ukraine, and the company said it has decided against reducing gas supplies to Moldova, while reserving the right to lower or cut shipments if Moldova fails to make agreed payments.


ChinaTalk - protesting commentary, good insights

One piece wind lift at 9.5MW

The fixed cost question for grids etc

FERC investigates auction ?

Mexico coming slowly

UK emergency planning

UK consumers acting
UK households have cut energy consumption by 10%, say suppliers

Cloud matters

Russia-India railfreight volumes growing

Flights of hydrogen fancy

Manufacturing industry wrecked over a decade ago, so now it is time to import
 
WTI $79.1/bbl
Brent $85.5/bbl
NL TTF gas €131/MWh (EU Natural Gas - 2022 Data - 2010-2021 Historical - 2023 Forecast - Price - Quote)

NL gas now better aligning with crude imho.

Dutch front-month natural gas futures rose by over 5% to €130 MWh, approaching the highest in six weeks, following a forecast of freezy weather in the northern continent starting next week that is expected to start dwindling inventories. As of November 27th, gas storages in the EU were 93.9% full, and the total storage level in Germany was 98.9%. Adding upward pressure to prices, there are also process issues at the Troll field in Norway and the UK’s Barrow North terminal. Meanwhile, Gazprom continued to ship gas to Europe via Ukraine, and the company said it has decided against reducing gas supplies to Moldova, while reserving the right to lower or cut shipments if Moldova fails to make agreed payments. On the political front, EU energy ministers agreed to postpone the approval of a proposed gas price cap at €275/MWh to mid-December.

Kemp on Euro gas

Europe LNG growth

Polish sausage

China trying to nip demonstration in bud with velvet glove

Some China insight

Battery roundup

A game of risk and power

Negat that small nuclear, no clothes on wannabe emperor

More on the Tesla-UK-Harmony battery

Smart metering penetration

Ooops, not so green after all (as many of us said ....)

A GW here, or three ....

UK straddling two horses .... in a very costly manner

.... and even the Cons cannot deny economic reality any further

Biomass codswallop

All those people .... all that wood

Mandatory renewable heat .... first tremors

Imitiation is the sincerest form of flattery (as these folk well know)

This should not be a footnote ... that expanded annual BP World Energy dataset is vital .... I can't find a public domain email to publicise about where to write to BP so that everyone can say this .... if you know an email I can publicise please tell me
 
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