Day: June 11, 2018

Creative destruction in music sales

My @DomPost op-ed is getting up all the right noses at @ScoopNZ

See for the remainder. I must write a reply.

UNRELIABLES UPDATE : Britain Has Gone Nine Days Without Wind Power


Screen Shot 2018-06-11 at 3.17.58 amBritain Has Gone Nine Days Without Wind Power – Bloomberg

Britain’s gone nine days with almost no wind generation, and forecasts show the calm conditions persisting for another two weeks.

The wind drought has pushed up day-ahead power prices to the highest level for the time of year for at least a decade. Apart from a surge expected around June 14, wind levels are forecast to stay low for the next fortnight, according to The Weather Company.

“People would’ve started worrying about brownouts,” Elchin Mammadov, analyst at Bloomberg Intelligence said. “This shows that relying on wind, solar and batteries to supply the majority of our power is reckless for energy security.”

On Wednesday, wind generated about 4.3 percent of the U.K.’s electricity. Coal output has dropped near zero. Gas and nuclear have picked up the slack with 54 percent and 25 percent respectively, according to data from National Grid…

View original post 504 more words