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Prediction: Coal has fallen. Nuclear is next then Oil.

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Looks like coal may not be so dead

Coal is dying, it's not dead yet.


That's only half the story.

EIA said:
EIA estimates that U.S. coal consumption will decrease by 26% in 2020 and increase by 20% in 2021.

(100% - 26% ) x ( 100% + 20% ) = 88.8%.

In other words, they're saying that over the 2 year period 2020-2021 there will be an 11.2% reduction in US coal consumption. The particularly large drop we've seen over the past 12 months has been due to a combination of a mild winter suppressing natural gas prices, followed by the overall reduction in demand due to the impact of COVID.
 
In other words, they're saying that over the 2 year period 2020-2021 there will be an 11.2% reduction in US coal consumption. The particularly large drop we've seen over the past 12 months has been due to a combination of a mild winter suppressing natural gas prices, followed by the overall reduction in demand due to the impact of COVID.
Yes, still declining but a forecasted increase in coal in 2021 because of high natural gas prices.
 
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Knock off a zero

Ah it went up a bit. There's 29kWh in a therm. In April it was $0.0011/kWh.

Screen Shot 2020-09-09 at 4.01.34 PM.png
 
Wow! Volatile prices. Hard to make a decision to invest in a NG plant when you have no idea what the price of fuel is going to be.
(Also, good luck in getting anywhere near 29 kWh of electricity out a a therm of NG)

When your O&M costs are ~$25/MWh there really isn't much of a difference between $1/MWh and $0.1/MWh; They're both pretty much a rounding error compared to everything else.

Combined cycle isn't too bad. Their thermal efficiency is ~60%. I've thought about how 'cool' it would be to heat your home with a fuel cell. Get heat and electricity. Basically be ~100% efficient.
 
Norway is building a GW wind farm for 1.1 B Euros, estimated to produce 3.4 Twh a year.
If my arithmetic is right, that works out to a production cost of around 1.2 Euro penny per kWh lifetime.

Damn

That was announced in 2016.

For the USA, EIA says capacity-weighted capital cost for wind farms entering service in 2025 is $23.51/MWh and for 2022 $26.86/MWh. That takes financing into account.
 
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Yes, still declining but a forecasted increase in coal in 2021 because of high natural gas prices.

Actually:

EIA said:
This forecast increase reflects rising demand for coal from U.S. electricity generators because of higher natural gas prices compared with 2020.

It will be higher (not high) compared with 2020 (which has had very low prices due to a mild winter and COVID).
 
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SMR in context

https://www.cbc.ca/news/canada/calg...erloop-train-small-modular-reactors-1.5717438

Unlike outright climate denial, "climate delay" acknowledges the reality of a changing climate and the role of carbon emissions from human activity in climate change. But instead of actively working to deal with the issue, it seeks to create a debate about what should be done, who is responsible, and how we should allocate costs and benefits.

The end goal is to significantly delay action to reduce emissions.

There are four primary types of climate delay, all of which can be found in the Canadian debate.

Redirect responsibility — The focus is put on the importance of individual action, while excusing collective action. An example is the idea that it's consumption, rather than production, that matters. Another variety argues that small contributions from a given country or industry on the global scale are immaterial.
Emphasize the downside — This pushes the fallacy that the cost of action is higher than the downside risk of climate change. In many cases this argument includes an appeal to social justice, such as emphasizing the costs of action borne by disadvantaged groups, when in fact the downside risks of inaction faced by these groups are typically highest, while the costs can be mitigated through policy design.
Surrender — This is a form of climate doomerism, claiming falsely that we can't possibly make changes to reduce the impacts of climate change, therefore the only thing to do is focus on adaptation.
Focus on non-transformative solutions — This involves taking actions and making investments in technology that won't result in transformative change, including technologies far from market, focusing on carrots rather than sticks. It also relies heavily on technological optimism to solve problems within a narrow solutions space
 
Not a surprise to denizens of this thread but interesting nonetheless:

A Secret Recording Reveals Oil Executives’ Private Views on Climate Change

Last summer, oil and gas-industry groups were lobbying to overturn federal rules on leaks of natural gas, a major contributor to climate change. Their message: The companies had emissions under control.

In private, the lobbyists were saying something very different.

At a discussion convened last year by the Independent Petroleum Association of America, a group that represents energy companies, participants worried that producers were intentionally flaring, or burning off, far too much natural gas, threatening the industry’s image, according to a recording of the meeting reviewed by The New York Times.

“We’re just flaring a tremendous amount of gas,” said Ron Ness, president of the North Dakota Petroleum Council, at the June 2019 gathering, held in Colorado Springs. “This pesky natural gas,” he said. “The value of it is very minimal,” particularly to companies drilling mainly for oil...


...At the Colorado meeting, executives also worried about a potential backlash against the industry, particularly among younger voters. Recent surveys have shown a sharp rise in the number of Americans who feel passionately about climate change, and the issue appears likely to play a more prominent role in this year’s presidential election than in previous ones.

“Young voters, female voters, Hispanic voters, really every sector except for older conservative male voters,” Ryan Flynn of the New Mexico Oil and Gas Association said in the recording of the meeting, “their No. 1 issue when it comes to our industry is always going to be environmental stewardship, and concerns about what we’re doing with the environment.”...