Risible Renewables: Weather-Dependent Wind Power – Never There When You Need It Most

stopthesethings's avatarSTOP THESE THINGS

Pin your energy needs on the weather, and prepare for disappointment, over and over and over again.

South Australians know it, Germans know it, Texans and Californians know it, all too well.

In the latter part of 2021, as the Big Calm descended across Western Europe, Brits learned all about it, too. Quietly firing up once-mothballed, but ever-reliable, coal-fired power plants and feverishly importing nuclear power from France.

All up, the ‘inevitable transition’ to an all wind and sun-powered future has amounted to little more than a well-orchestrated high farce.

On that score, Paul Homewood takes a look at what passes for research into the likelihood of total wind power output collapses in Britain.

While Paul reckons that no one is suggesting the wind will stop blowing completely around the postage stamp of territory that is the UK, we’ll set out a couple from the archives to prove that…

View original post 3,096 more words

https://www.facebook.com/groups/sciencehumor/permalink/5114771465252535/?sfnsn=mo&ref=share

Luxury Yachts To Be Exempt From EU’s Carbon Pricing Plan

Environmental Levies, Climate Change Levy & Carbon Allowances

The view that technology shocks, those affecting production opportunities, are the major driving force behind business cycles, accounting for about 70 percent of these fluctuations.

From https://www.minneapolisfed.org/article/1996/interview-with-edward-c-prescott

Tom Ballard at 2018 Marxism conference

Did We Find Longitude Thanks To A…Clock?

The Silence of the Lambs – Who Wins the Scene?

Roy Orbison – You Got It

Pvt. Pyle: The Chance Encounter that Led to One of Kubrick’s Best Characters | Full Metal Jacket

Heat

America – A Horse With No Name

Prescott (1996) on the power of central banks

From https://www.minneapolisfed.org/article/1996/interview-with-edward-c-prescott

Reaping The Whirlwind: Europe’s Wind & Solar Obsession Sends Power Prices Rocketing

stopthesethings's avatarSTOP THESE THINGS

Europeans have squandered untold $billions on chaotically intermittent wind and solar. The only evident results being routine power rationing, blackouts and power prices doubling every 12 months, or so.

The article below from Bloomberg lays it out fairly clearly: those countries obsessed with wind and solar are literally reaping the whirlwind, as power prices spiral out of control.

Bloomberg is, of course, a propaganda outlet for renewable energy rent-seekers, so don’t expect to see it ever name the culprits for Europe’s self-inflicted renewable energy disaster. In the piece below, the closest Bloomberg gets is when it points out that the “crisis was also aggravated by lower than normal wind speeds”. No joke!

Because the likes of Germany, Spain and the UK heavily depend upon wind and solar, output collapses triggered by, you guessed it, sunset and/or calm weather are driving demand for power from reliable sources, such as coal, gas…

View original post 495 more words

Consensus is too pessimistic on the UK economy (again)

julianhjessop's avatarPlain-speaking Economics

I’ve just updated my UK GDP forecasts with today’s data for November. Here are ten key points, including some international comparisons.

1. UK economic growth in 2021 is likely to be just shy of 7½%, 1% higher than assumed in the October Budget and 3% higher than the consensus in the Treasury survey at the start of last year.

2. This means that the UK was almost certainly the fastest growing G7 economy in 2021. Many like to dismiss this as a ‘dead cat bounce’ after the relatively large fall in UK GDP in 2020. But the UK still did much better than expected, even taking account of this favourable ‘base effect’.

3. To illustrate, the chart below compares different vintages of the OECD’s forecasts for last year. In December 2020 the OECD expected UK GDP to grow by 4.2% in 2021, and to be outpaced by France and Italy…

View original post 381 more words

Previous Older Entries Next Newer Entries

The War on Prices

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

The Bleeding Heart Libertarian

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

More Stories from the Stories I Publish!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

In My Tribe

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Coordination Problem

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Libertarian Land

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Arin’s Substack

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

David Andolfatto

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Monetary Non-Neutrality

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Reason Magazine

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Coyote Blog

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Thoughts from the North

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Fardels Bear

A History of the Alt-Right

Vincent Geloso

Econ Prof at George Mason University, Economic Historian, Québécois

Bassett, Brash & Hide

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Temple of Sociology

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Why Evolution Is True

Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.

NoTricksZone

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Watts Up With That?

The world's most viewed site on global warming and climate change

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Bet On It

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”

The Victorian Commons

Researching the House of Commons, 1832-1868

Books & Boots

Reflections on books and art