Tag Archives: energy subsidies

Blowout Week 151

We begin with the Wolfcamp shale oil play in Texas and continue with the requisite dose of Trump articles, following up with Obama’s ban on Arctic drilling, Russia makes $6 billion simply by talking to OPEC, the North Sea O&G industry pleads for support, fossil fuel era “far from over”, Vietnam cans a nuclear plant, the Chernobyl Arch is moving, Asia to underpin coal demand, France to shut down coal, the Marrakech Climate Conference, global CO2 emissions not growing, vegetation slows atmospheric CO2 increase, the EU to introduce capacity mechanisms, the UK’s carbon price floor, tidal power generation in Scotland, the renewables threat to grid stability, large wind farms reduce wind speeds, a hot North Pole and a cold Siberia, UK research institute accused of misconduct and fraud, lithium from geothermal brines and what Donald Trump thinks of Scotland. Continue reading

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Blowout Week 139

Elsewhere in this week’s Blowout: Iran / OPEC deal on the cards; China accused of nuclear espionage; UK government looks for ways to torpedo Hinkley Point; Fessenheim nuclear power plant in France to close; coking coal price on the rise; £200 million pumped storage hydro scheme on Lewis; National grid clutching at straw batteries; Telegraph living in the real world; Tesla cramming in more electrons; Human caused climate change started in 1830; Air Africa to run on Woodbines; France opts for tree wind power over nuclear power. Continue reading

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Blowout Week 126

This weeks’ stories include Brexit and investment in renewables, oil discoveries at their lowest level since 1952, Saudi strategy paying off, nuclear in Egypt and South Africa, coal in Japan, Nigeria on the brink of collapse, nuclear workers strike in France, oil breaks $50/bbl, yet another setback for Hinkley Point, the EC to lend Spain 2.13 billion to shut down coal plants, the EIB forks out 525 million for the Beatrice wind farm, energy independence for Israel, G7 nations to end fossil fuel subsidies by 2025, Australia opts out of latest UN climate change report, goodbye El Niño and hello La Niña, the CERN cloud experiment casts doubt on global warming predictions, the “internet of things” and how climate change is poisoning our food. Continue reading

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Blowout Week 121

This week more on OPEC and oil, Russia and Norway struggle to preserve gas market share, China’s floating nuclear plants, Poland’s new wind law, Germany tells Begium to shut down nuclear plants, electronics from coal, there is no Obama “war on coal”, 100% renewables for Australia and for Europe too via the MENA supergrid, SNP wants 50% renewables by 2020, UK shale oil ready to boom, Hinkley delayed yet again, objections to Drax subsidies, the Times says the wrong things about climate change and Subsidy Sam – the answer to Tommy Turbine. Continue reading

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Net metering and the death of US rooftop solar

“Net metering” allows anyone with a solar installation to sell surplus solar power to the grid when the sun is shining and to purchase power back from the grid when it isn’t. Net metering has been described as the lifeblood of solar in America, and it’s probably true to state that without it there would be few, if any domestic rooftop solar installations anywhere in the country. However, the program is now coming under attack, with Hawaii and Nevada recently rolling back net metering benefits and with a number of other states also considering changes. What happens if enough states impose similar rollbacks, or maybe do away with net metering altogether? This post reviews this question and concludes that domestic solar in the US will slowly wither and die. Continue reading

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Blowout Week 119

The Obama Administration is becoming progressively more strident in its attempts to bring home the perils of climate change to a largely disinterested public. Last week it published the results of a 300-page multi-year study involving “scores of researchers and the work of eight federal agencies”. The study’s conclusion was that climate change could kill tens of thousands of Americans each year by the end of the century. Continue reading

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Blowout week 77

The usual mix below the fold, including a renewed focus on shale oil, Gatwick gets even bigger, a new Pemex discovery, Grafenrheinfeld and Killingholme plants to close, UK scraps onshore wind subsidy, Spain’s war on solar, war brewing in the Middle East, CO2 emissions from Drax, yet more problems at Hinkley, Minnesota to charge for residential grid hookups and how the Earth is already locked into its sixth major mass species extinction. Continue reading

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The Appalling Truth About Energy Subsidies

The renewables subsidies are paid to producers by the consumers and are the exact opposite of the fossil fuel subsidies paid by producers to consumers.

We are comparing apples with oranges but normalising for energy production, the renewables subsidies are 8.4 times larger and amount to 94% of the value of the energy produced. This latter statistic is hard to believe, but if it is close to true, it suggests that new renewables are contributing virtually nothing to society. Continue reading

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