|
By Jo Nova Banker warfare to destroy businesses but make the weather nicer…
It’s another emergency on the Australian Soviet-style electricity grid. An entirely profitable and law abiding operation is potentially about to be shut down, putting 4% of the national electricity supply at risk, because the bankers want to save the world, and the government is helping them. Who runs the country, is it the PM or the banker cartel?
Delta Electricity needs a bank guarantee so it can keep trading in our national electricity market, but 15 banks have refused to supply that because of their own show-pony ESG requirements, designed to impress their ski buddies at Davos. Essentially, the bankers want to decarbonize our electricity grid, and make electricity more expensive for the poor, but can’t be bothered to run for election, so they are running the country the way they want anyhow — voters be damned.
It’s even more absurd that it looks, Delta isn’t asking for a loan — it’s profitable, it has the cash. But the bankers won’t even hold the cash and promise to pay it back when needed. Delta’s current bank guarantee runs out on Dec 31, and after that it […]
They’re not much use without a lot of cabling. | Image by Norbert Pietsch from Pixabay
By Jo Nova
Thanks to Oldbrew at Tallblokes Talkshop
Who knew high voltage cables running for kilometers in a deep electrolytic moving body of water would be expensive?
The 245kV Wolfe Island Cable | Photo by Z22
Despite offshore windfarms dealing in a kind of mechanical hell of high speed salt water spray, big waves and volatile wind conditions, surprisingly 85% of the insurance claims are because the underwater cables are failing.* If the subsea cables can’t be insured, it’s another unexpected cost threatening the economics of offshore wind.
The underwater cables needed for offshore wind are apparently so costly to repair, and the losses from lack of generation so steep, they are in danger of becoming uninsurable.
Subsea cable failures pose global threat to offshore wind
Energy News Live
The race to harness offshore wind energy has hit a significant roadblock, with the reliability of subsea cables emerging as a critical concern.
Global Underwater Hub (GUH) has raised alarm bells about the escalating issue of subsea cable failures.
October 6th, 2023 | Tags: Basslink, Subsea Cables, Wind Power | Category: Global Warming, Grids, Renewable, Wind Power | Print This Post | |
By Jo Nova
We’re on the precipice of a radical experiment with a national electricity grid
The AEMO (manager of the Australian grid) has finally released the major report on problems coming in the next ten years on our national grid, and it’s worse than they thought even six months ago. They euphemistically refer to the coming “reliability gaps”. They could have said “blackouts” instead, but a gap in reliability sounds so much nicer.
Bizarrely, the lead graph of the 175 page AEMO report goes right off the scale, mysteriously peaking in the unknown and invisible real estate off the top of the chart. And they’re not projecting troubles fifty years from now. Those cropped peaks of invisible pain hit from 2027.
And even the pain we can see is apparently quite bad. Two states are already likely to breach “the interim reliability measure” in this coming summer. Ominously, just one day after releasing the report, the AEMO is calling for tenders for “reliability reserves” in South Australia and Victoria. Apparently, they want offers of industries ready to shut down who aren’t already on the list, and they want spare generation too — get this — even asking […]
By Jo Nova
A “win” for predatory capitalism and government mis-interference
Liddell power station (foreground). Bayswater power station (rear).Photo NSW DPI
Yesterday, for the last time the final turbine was switched off at Liddell Coal plant after 52 years of operation. The NSW government gave it away for free in 2014 — bundled like a McHappy Meal in with the sale of Bayswater Coal, valued at $0. Governments saw old coal as worthless, at least until 2017 when everyone saw the bloodbath when the Hazelwood coal plant suddenly closed and electricity prices suddenly rose 85%. Then they started to panic a little — even Malcolm Turnbull (our Renewables lovin’ PM) started openly pressuring AGL to sell Liddell so it could keep running until his pet project the Snowy Hydro 2.0 could start. Chinese owned Alinta turned up with $250 million dollars and was willing to put in a billion to repair the station and extend its life up to 2030. Despite that bonanza, AGL refused to take the money. It was determined to run it into the ground and shut it down instead. Now it’s determined to blow it up as well. The Demolition crew is already appointed […]
A sign in Rockhampton. Where do they mention the fine though? | Photo by RegionalQueenslander
By Jo Nova
Block a sacred weather-changing EV from a charging point and you may have to sell your car
Feel the fear. The whole EV fantasy is coming undone as people miss planes, get stuck in cars, or ruin holidays because their battery is flat. There aren’t enough chargers, and charging is slow. In abject desperation, some Australian states are slapping monster fines on to make inadequate infrastructure stretch further, or because they realize how vulnerable they are to a protest campaign. Either that or they are actually trying to finance the transition to NetZero through parking fines. Call it a secret subsidy…
Victorians may be hit with a $370 fine if they drive a normal car and accidentally park it in an EV charging spot, thus depriving a sacred EV user of the chance to top up. You might think that’s wildly out of proportion — it’s only $100 less than if you recklessly run a red light. But it’s nothing compared to what NSW, Queensland and the ACT are doing. Drivers in these states who make the same mistake could […]
This is Fall of Rome type stuff — everything is coming undone
National rolling blackouts have been occurring for days in South Africa and are forecast to continue for another week at least. One engineer warns they are just a step away from a total blackout and says it will be very difficult to reawaken the entire system. Traffic lights are failing, trains are stopping, and mobiles phones, ATMs and fuel pumps may not work. With unemployment at a shocking 35% already, the million dollar losses from blackouts make for a dark feedback loop.
The immediate cause is strikes for wage claims and terrible maintenance leading to major power outages lasting as long as nine hours. But Green targets and activism only makes it worse because there’s no interest in maintaining plants properly which are planned for closure. South Africa runs mostly on old coal plants, and one of the largest plants is closing (supposedly) as soon as September. And the wind and solar power they have often isn’t helping with the peak loads either.
There is vandalism from every direction. At the bottom end, apparently up to half the people in Soweto are not even paying for electricity […]
So it’s a new record. In the 20 years since the National Energy Market formed it has never operated on such a vapor thin margin. Only a few days ago Paul McArdle at WattClarity thought a mere 15% instantaneous reserve plant margin was a headline event, but tonight the grid survived (so far) on a tiny 3% Instantaneous Reserve Plant Margin NEM-wide. Things were so tight the NSW Minister for Energy sought emergency powers to force coal companies to provide fuel to coal generators for the next 30 days on his say so. Presumably next on his list would be emergency powers from God to make the wind blow.
Two years ago Australian taxpayers spend $13 billion a year in climate action (Moran). As researchers at ANU noted, Australia was leading the way — installing more megawatts per person than any other nation on Earth. (Blakers) Despite being the fastest growing and sparsest population, on the most remote nation which was practically a quarry and farm built on coal and uranium deposits, Australian political leaders rushed to compete for green booby prizes in Beautiful Weather Contests.
And the toll from the bonfire in prices is just starting with Iron […]
The Renewable Crash Test Dummies: Test in progress
A LaTrobe Valley Coal Plant
Day #3: Huge Yallourn coal plant in Victoria loses 2 of 4 turbines. The AEMO suspends the whole market. Blackout warnings continue. Australians are being asked to conserve electricity. It’s just another day in the forced transition we don’t have to have.
How much lower can we go? Half of the generators from the ultra cheap brown coal Yallourn plant went phht yesterday. This was “unplanned”. It normally makes 20% of Victoria’s electricity. It’s owned by EnergyAustralia (China Light and Power) which is keen to close it early in 2028 and has a special secret deal with the Victorian government to do so. Perhaps China Light and Power is scrimping on those maintenance costs?
Warnings about potential blackouts exist for all five states on the National grid during the next 48 hours. The Minister for Energy, and the head of the AEMO, and several state Ministers have asked Australians to turn off all the non-essential electrical items. The NSW Minister asked people not to use their dishwasher tonight. Go first world modern nation! Meanwhile Matt Canavan wonders why people can’t use their dishwashers but the […]
All the rules are breaking.
The price market broke on Sunday night and now the interconnectors rules are broken too. The whole Eastern five state “National” grid is flying seat of the pants — the reserves are so incredibly thin that there are LOR3 forecasts — meaning Lack Of Reserve Level 3 rolled out for all five states. It doesn’t mean blackouts will happen, but it means all the protective layers of this onion are gone. The system is running bare.
UPDATE: There were some blackouts in Sydney’s northern suburbs last night. “Millions of homes” were apparently told to conserve their power in Brisbane and Sydney. Welcome to RenewableWorld!
ht/ WattsUp, Eric Worrall, and RicDre
The price market broke on Sunday night when for the first time the AEMO imposed somewhat anachronistic price setting clauses it had never used. By fixing the wholesale price in Queensland, market bidding suddenly phase-changed into a twilight world where prices were set too low (at an obscenely high $300/MWh, but not high enough now), and generators didn’t want to bid. So offers to supply “Yo-Yo’d” and the AEMO had to run emergency orders of a different kind to […]
The Queensland grid is in crisis — the forecast price for nearly the entire next 24 hours is $15,000 per megawatt hour.
I have never seen a graph like this one. It’s a “white knuckle ride” as Paul McArdle describes it. The IRPM (or Instantaneous Reserve Plant Margin) is just 8%. “This shows total Available Generation of 31,679MW ready to supply aggregate ‘Market Demand’ of of 29,201MW at this point … so a surplus of only 2,478MW NEM-wide.” But only last week there was a record day where the grid demand was 32,000MW — the highest winter demand day for years.
AEMO
Reserves are incredibly thin, not just in Queensland, but also in NSW.
AEMO
Market Notices from the AEMO are flowing like confetti. There is an Actual Lack of Reserve Level 2 (LOR2) in Queensland as of 6pm to 8pm. There is an LOR2 running for NSW as well, and an LOR1 for Victoria. If things shift up to LOR3 that means blackouts are likely, and LOR3s are forecast — in QLD tonight and in NSW tomorrow night. The margins are thinner than they look. Because extra generation on one part of the grid may […]
And the bonfire continues
As cold fronts sweep across the south east of Australia electricity prices are setting records nobody wants to set. The wholesale prices for electricity –across a whole month — soared past $300 a megawatt hour in three states of Australia. In NSW the cumulative cost of wholesale electricity for May alone worked out at $2.4 billion dollars. It’s enough to build a power plant. Back in 2015, before Hazelwood old brown coal plant closed and Australia installed more renewable energy per capita than anywhere else on the planet, the average price in NSW was $35/MWh. Back then it cost $260 million for the whole month. (And Hazelwood wasn’t even in NSW. ) The point is not about one coal plant, but about how recently the system still worked and how fast it fell apart. Hazelwood coal plant in 2017 was 53 years old and still selling electricity at $30 per megawatt hour when it was shut down. Since then the whole grid has so much more capacity yet so much less ability. There’s no resilience left. A few speed bumps wiped out the whole road train.
Wholesale electricity prices are higher across the […]
It’s a grid on the edge
Like a meteor-shower, the dinner time performance today may or may not be a spectator event. The fun may start at 4:30pm in Qld, NSW, Vic, SA and Tasmania — a full quinfecta at $15,000 per MW/h. The first wave of winter cold is about to wash over the grid, and those solar panels will fail just as people plug in their heaters, ovens, dryers and kettles and there is a four hour spike at $15,000MWh forecast. The graph below is the forecast for NSW, but it is essentially the same tsunami shape and dimension in every single state of the National Energy Market. Right now I presume there are engineers in the control rooms sweating over alternatives and they may well pull it off. These wildly high spikes have a way of resolving at the last minute. But think for a moment what kind of stakes we’re playing with. Hypothetically, if there was a 12,000MW demand for 4 hours in NSW at $15,000, that’s $720 million dollars worth of electricity. A few days like that would pay for a new coal plant, but no one seems to be listening to that price signal…
[…]
It’s the day before the election and all through the house, electricity bills are doubling…
The price rises are so extraordinary one retailer is asking their customers to leave “in the next 24 hours”.
Across Australia small power suppliers are sending emails to customers right now warning them that their rates are going up next week by eye-watering amounts. Wholesale electricity prices were at a record high in April this year, and it hasn’t improved in May. Prices are hitting $200-$300 per megawatt hour, not as a peak, but as a 24 hour average. In South Australia two days ago, the average for the full day was $1,141. Futures contracts are rapidly taking off and these rises are starting to flow through to customers. Already, the small retailers are bleeding cash, just as they did in the UK, and if wholesale prices don’t come back to Earth soon, they will go out of business.
Reader Brett in South Australia shared an email from Discover Energy. As of next week the standard peak rate will rise from 39 cent per kilowatt hour to 70 cents. Off peak rates rise from 27 to 46. He also adds, “My brother lives in NSW […]
Generation tonight….
Just another week in the Transition we (Don’t) have to have
With 65 Glorious Gigawatts the Australian grid system has a vast excess (theoretically) of generation capacity, yet it’s so fragile that the loss of an interconnector, normal maintenance and a few coal turbines down — has triggered $100 million dollar price spikes. These burning pyres of money are so savage the average cost of wholesale electricity — across a whole day — is lately in the realm of $200- $700 per megawatt hour over most states for 24 hour periods. For the last week, daily prices have been ten times the “old normal”.
And it comes on the back of the most expensive April in the Australian grid history in every mainland state on the National Electricity Market.
Autumn and spring are supposed to be easy days in Australia with peak demand only running at 27,000 MW. Because things are lighter, generators do normal maintenance at this time of year, but at the moment, there doesn’t seem to be any room for that in the network. In summer, demand is often 5,000MW higher. Where’s that going to come from?
Factories are shutting down for fear […]
I’ll be discussing the absurdity of Destroying Perfectly good Electricity Grids in Australia with the Friends of Science in Calgary, Canada with a presentation then Q&A. It will be live 7pm MDT Monday evening in Canada/USA and Tuesday 10th morning in Australia (11am EST, 9am WST). It will be available to watch afterwards as the wonderful Ian Plimer’s is now from last week.
“Australia – Crash Test Dummy of Renewable Energy” with Joanne Nova Click here for more information 9.8 out of 10 based on 50 ratings
Brisbane on May 3rd was a glorious 15 to 25C (or 60F – 77F) and yet the price of electricity was shocking.
The scale of the graph is so distorted that all the normal price gyrations fall to nothing, and there is only the spike — a full hour of $14,000 burning for every megawatt, and the state needing 7,000 megawatts. The demand level, or load is not unusual, but it’s about $100 million in electricity.
And this is the nice time of year for electricity managers, or it used to be. With weather that’s ideal for human habitation most air-conditioners and heaters are off. But the sun is setting earlier, and solar power is shrinking just as everyone gets home from work to turn on the oven.
AEMO
Some may blame the “lack of coal power”, but notice what’s happening to wind and solar power at critical time from 5:20pm to about 6:30pm.
All the wind and solar power in Queensland on May 3, 2022 |
Though there are other factors at work too and some are a bit mysterious according to Paul McArdle. Queensland at one point had only a 7% instantaneous reserve plant […]
I’m delighted to announce that Friends of Science in Calgary Canada have organized speeches and online panel sessions from Ian Plimer tomorrow today Monday evening in Canada/USA and Tuesday 3rd morning in Australia, and myself the following week Monday May 9th in Canada, and Tuesday May 10th in Australia. Click here for more information 9.8 out of 10 based on 45 ratings
Even the worst imaginary scenarios for global warming are nothing compared to a year without electricity. Bunky Mortimer III thinks US priorities are screwed.
Get one at Indiamart perhaps?
The US will spend some $555b to prevent a theoretical warming of a degree or two. A warming which may not occur for a century, if at all, and about which the largest competitors to the USA are doing nothing.
In contrast, a solar Carrington event, one nuclear blast, or a cyber attack taking out just nine interconnector sites could collapse the entire US grid for 18 months.
Which environmental threat matters? The West is in apoplexy over the environmental degradation affecting polar bears, but the environment we need the most right now is the one with fresh water, edible food and a room temperature above freezing.
Securing the grid should be this country’s highest environmental priority
Taki’s Magazine
A prolonged collapse of this nation’s electrical grid—through starvation, disease, and societal collapse—could result in the death of up to 90% of the U.S. population. This figure has not been disputed, yet this prospect has received virtually no attention from policy makers or the media. The […]
Ben Davidson speaks from Spaceweathernews.com and claims that there was a short sharp geomagnetic storm over the East Coast of Australia around the time the Queensland Callide Power plant exploded.
The CME that flew past Earth didn’t do much around the world, causing a small 1% deviation in magnetometers. But there was a burst of activity in the Southern Hemisphere that appears to have hit the east coast of Australia. Magnetometers there saw a 300 – 500% change* between noon and 3pm on the same day as the Callide Coal Power Plant blew up. The explosion happened at 1.44pm and the 275 kV transmission lines tripped at 2:06pm.
*(UPDATE: There is some contention in comments about the Australian DST figures — we’re they really that high or unusual? I’ll update the post when I can confirm it either way).
We don’t know if this tipped something over the edge at Callide, but the timing is highly coincidental. If Earth’s magnetic field is weakening it would seem urgent, to say the least, to understand the risks these spaceweather events pose to our critical infrastructure.
Perhaps an engineer who knows the design of (hydrogen cooled) supercritical coal reactors might be able […]
Tuesday was a wild day for Queensland Electricity. An explosion struck the Callide C Power Plant triggering a cascade of other plants to switch off within seconds. The massive 2.5GW fall in supply took the grid frequency in Brisbane to a hair raising 49.55Hz. How close did it come to falling over? Half a million people lost power for a couple of hours but a Statewide blackout was averted. Luckily no one was hurt.
Meanwhile the people in power were not saying “Hydrogen”, or “explosion” but the Supercritical Units at Callide are cooled with hydrogen, and there was an explosion. The owner CS Energy called it just “a fire”. But in other news reports people in the nearest town said it was “the loudest explosion they have ever heard”.
Hydrogen, it seems, is used in some coal plants as a coolant, but Holy Hindenberg, it is known to explode. (See Ohio in 2007, Pittsburg in 2017 and India, 2019) . A Union official said it appeared the hydrogen filled generator of the main turbine had suffered a catastrophic failure. And it’s all exquisitely awkward, as David Archibald points out, happening while a two day Hydrogen Conference is on — as […]
|
JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
Jo appreciates your support to help her keep doing what she does. This blog is funded by donations. Thanks!
Follow Jo's Tweets
To report "lost" comments or defamatory and offensive remarks, email the moderators at: support.jonova AT proton.me
Statistics
The nerds have the numbers on precious metals investments on the ASX
|
Recent Comments