WHC 0.58% $6.82 whitehaven coal limited

The current sthn. European heat wave will, obviously, increase...

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    The current sthn. European heat wave will, obviously, increase the need for air cons.- thus general power consumption will rise significantly.
    Only gas & coal-fired power stations can guarantee cheap, reliable, baseload power.

    In heat wave conditions, wind power often diminishes (because often heat waves are associated with below average wind; &/or power authorities "derate"/reduce the power from turbines, fearing heat damage/seizing up to the gear box & generator mechanisms, & transformers can explode).

    bbc.com J. Gregory 13.7.23 said

    "A heatwave is sweeping across parts of southern Europe and north-west Africa, with potential record-breaking temperatures in the coming days.

    Temperatures are expected to surpass 40C (104F) in parts of Spain, France, Greece, Croatia and Turkey.

    In Italy, temperatures could reach as high as 48.8C (119.8F). A red alert warning has been issued for 10 cities, including Florence and Rome".

    https://www.bbc.com/news/world-europe-66183069
    Last edited by Montalbano: 13/07/23
 
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