Where are the cheap renewables?
Where is wind and solar? Why do we have to turn coal back on just because Putin gives us less gas? Weren’t we told we can completely wean off fossil fuels? Weren’t we told that high-fossil fuel prices are good because that will eliminate those old technologies?
Coal and gas are following power prices upwards. Keep in mind, there is no coal shortage globally or in Europe. There is only a shortage of power plants (decommissioned) and transportation infrastructure (sold). We might be reaching the point where coal-fired generation becomes almost inelastic to prices (due to the logistical issues) and gas-fired generation might follow soon (due to the lack of fresh international supply).
Wind and solar cannot — under any circumstance — power an industrial nation because any functioning economy requires a reliable supply of energy every single second of the day, that does NOT depend on the weather, that is energy and material efficient and energy dense. Also, supply of wind and solar infrastructure is largely controlled by China.
- Forums
- ASX - By Stock
- Ann: JORC Code - Feas. Study Effective Date 27-07-2022
Where are the cheap renewables? Where is wind and solar? Why do...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
Add EMN (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.04M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 6.9¢ | $2.786K | 39.91K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 918 | 6.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.3¢ | 300670 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 783434 | 0.068 |
2 | 258200 | 0.067 |
4 | 259567 | 0.066 |
4 | 42000 | 0.065 |
3 | 91250 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 300670 | 2 |
0.075 | 12720 | 1 |
0.076 | 20500 | 1 |
0.078 | 26666 | 1 |
0.079 | 15358 | 2 |
Last trade - 14.38pm 12/07/2024 (20 minute delay) ? |
Featured News
EMN (ASX) Chart |