This post features the results of my Lucky 7 predictions I made a year ago, a grade for each omen, and a little sass here and there. Coal Record Prediction: Annual worldwide coal consumption will pass the all-time high set in 2014. Result: The Internation Energy Agency, on 16 December, reported, “Global coal use is set to rise by 1.2% in 2022, surpassing 8 billion tonnes in a single year for the first time and eclipsing the previous record set in 2013(sic), according to Coal 2022, the IEA’s latest annual market report on the sector.” This is remarkable, considering “For…
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Two weeks ago, I wrote the “electric storage industry that is grabbing all they can before someone figures out that will never be the answer to bridging gaps of intermittent renewables.” Time’s up. Utility Dive last week quoted a North American Electric Reliability Corporation (NERC) spokesman: “Batteries aren’t going to do it, and we’re going to need a backup fuel for wind and solar. So this is important to invest in.” The rest of this post includes a dive into consumer choice and what things might look like at scale. Consumer News In fresh news from Holman Jenkins of The…
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As you must know, the EPA’s release of its Clean Power Plan on June 2nd of this year includes four “building blocks” to achieve a 30% reduction of carbon dioxide emissions by 2030, using a reference year of 2005. Those building blocks are as follows: Improve the heat rate (efficiency) of coal-fired power plants by 6% “Re-dispatch” natural-gas generators to achieve a capacity factor of 70% Development and preservation of clean sources, including nuclear, hydro, and renewable sources Demand side energy efficiency Does the EPA have any engineers on staff? Did any of them provide input and/or oversight for the…
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