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The Water Cooler
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Stock Market… this isn’t good IMO
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<blockquote data-quote="Shadowrider" data-source="post: 3872038" data-attributes="member: 3099"><p>It may or may not figure in (probably not) but I just read an article that's produced from one of my work's websites. They do very in depth full time energy analysis worldwide and publish weekly reports on various happenings. I haven't had access to these reports for too terribly long and they are full of industry terminology and acronyms but I'm getting better at reading them. It's really a struggle sometimes keeping my interest, the authors are a lot more woke than you would think being in energy which is vastly dominated by oil, gas and coal. I can't post it because it's behind a paywall.</p><p></p><p>Today's was chock full of what is going on with green energy abroad. I knew it was bad but I had no clue as to the extent Europe is brainwashed. Germany and several other countries are apparently planning on using battery storage for power when wind and solar output won't keep up demand. This is also being used as a strategy to minimize transmission line expansion. The gist of it sounds like they are doing exactly what they said they would and are planning on shuttering all their thermal generation plants regardless of fuel used.</p><p></p><p>To my mind, this is madness. We are trailing a long ways behind in the U.S. and besides, we are a few generations from electrical generation being viable with "alternative" means on a scale remotely close to what's needed. The fact that we are so behind the curve on green energy wokeness actually makes us much stronger, IMO...</p></blockquote><p></p>
[QUOTE="Shadowrider, post: 3872038, member: 3099"] It may or may not figure in (probably not) but I just read an article that's produced from one of my work's websites. They do very in depth full time energy analysis worldwide and publish weekly reports on various happenings. I haven't had access to these reports for too terribly long and they are full of industry terminology and acronyms but I'm getting better at reading them. It's really a struggle sometimes keeping my interest, the authors are a lot more woke than you would think being in energy which is vastly dominated by oil, gas and coal. I can't post it because it's behind a paywall. Today's was chock full of what is going on with green energy abroad. I knew it was bad but I had no clue as to the extent Europe is brainwashed. Germany and several other countries are apparently planning on using battery storage for power when wind and solar output won't keep up demand. This is also being used as a strategy to minimize transmission line expansion. The gist of it sounds like they are doing exactly what they said they would and are planning on shuttering all their thermal generation plants regardless of fuel used. To my mind, this is madness. We are trailing a long ways behind in the U.S. and besides, we are a few generations from electrical generation being viable with "alternative" means on a scale remotely close to what's needed. The fact that we are so behind the curve on green energy wokeness actually makes us much stronger, IMO... [/QUOTE]
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