Coal Is On The Way Out — Natural Gas Is Next
We are not talking about some day in the future here. Renewables are pushing gas out already.
We are not talking about some day in the future here. Renewables are pushing gas out already.
We have a reason to cheer! Lazard’s Levelized Cost of Energy Analysis – Version 12.0 has been released. There are times that I love numbers. And these are great numbers.
Miami is the home of almost half a million people. Its real estate has immense value. But Miami is built on porous sandstone, so even a seawall will not save it because the water flows right through the rock it is built on. To makes matters worse, Miami is just one of many communities in its area that are threatened. It is a problem across the whole southern end of Florida.
One thing Trump clearly does not understand is that trade wars are won by cutting off the competition from its suppliers and customers. This means isolating the enemy. It implies building alliances and cutting the enemy off from its friends. This is something that probably cannot be done by an isolationist country.
I have seen many reports on this paper. Most of them do not refer to the the first sentence of the conclusion section. It is, “Wind beats fossil fuels under any reasonable measure of long-term environmental impacts per unit of energy generated.”
Solar and wind power are absolutely predictable when it comes to variable costs. By contrast, coal and gas power are altogether too variable to be reliable.
When I wrote “Trump Is Already Losing The Trade War,” last March, I did not envision things going quite this badly for him quite this fast. Here it is just six months later, and I think it is possible to predict that Trump’s America can only suffer increasing losses as the catastrophe goes on.
The natural gas industry is growing seemingly by leaps and bounds, and yet a number of people believe it is clear that something is very wrong with it.
Poor rural people, who have been without power and largely left out of economic calculations, are set to become a market force.
A number of stories have popped up in the news recently about turning traditional hydroelectric stations, which generate power by using water captured from a flowing river, into pumped storage facilities, which cycle the water using more energy to do so than they produce.