Renewables – Fossil Fuels = Energy Poverty: European Edition

Guest “the math is simple” by David Middleton

Energy poverty in Europe is linked to expensive renewables
It appears that policymakers are gathering in Glasgow to speed up killing fossil fuels, precisely what already led to massive energy poverty in Europe.

November 6, 2021

By Mark Milke and Ven Venkatachalam

With the recent rise in the price of natural gas in Europe to five times where it was in early 2021, expect to see many more Europeans and those in United Kingdom plunged into what’s known as “energy poverty.”

From Greece to Great Britain and everywhere in between, the European electricity grid has increasingly been delinked from reliable affordable fossil fuels and hooked up to more expensive and intermittent wind and solar projects.

One result is Europeans pay twice for generated electricity: once for the existing sunk costs of existing fossil fuel (and nuclear in some countries) projects and again for renewable-based electricity projects. Another result is when wind and solar are not available, multiple nations in Europe and elsewhere are chasing the same available oil, natural gas and coal, pushing those fuel prices dramatically higher.   

Canadians — and indeed everyone else around the world — should pay attention. That’s because what Europeans are enduring and will suffer through again this winter will intensify thanks to what governments worldwide are pushing at the 26th UN Climate Change Conference of the Parties (COP 26) at Glasgow, Scotland: An even faster assumed “phaseout” of fossil fuels.

But it’s just that past policy preference that has caused substantial energy poverty in Europe even before the price spike this autumn. (For those unfamiliar with the term, energy poverty is all about citizens too poor to pay their utility bills on time and/or keep their homes adequately warm).

Stephen Bouzarovski, a University of Manchester professor and chair of an energy poverty working group, estimated pre-pandemic, 80 million Europeans were already struggling to adequately heat their homes. Meanwhile, at least 12 million European households were in arrears on their utility bills.     

[…]

Western Standard

Stephen Bouzarovski’s energy poverty estimate was actually from a CNN Business article, which went on to quote an idiot from Friends of the Earth Europe…

Europe’s poor suffer as energy prices surge
By Walé Azeez, CNN Business – Oct 1

Millions of people across Europe may not be able to afford to heat their homes this winter as gas and electricity prices soar.

Experts, anti-poverty organizations and environmental campaigners are warning that the coronavirus pandemic and rising prices have intensified a longstanding problem tied to a combination of high energy costs, low household incomes and homes that aren’t energy efficient.

Recent research led by Stefan Bouzarovski, professor at the University of Manchester and chair of energy poverty research network Engager, found that up to 80 million households across Europe were already struggling to keep their homes adequately warm before the pandemic.

The European Union describes energy poverty as being unable to afford “proper indoor thermal comfort.” Only four European countries — France, Ireland, Slovakia and the United Kingdom — have official definitions, but experts say the problem is widespread.

[…]

“We should be seeing access to energy as a human right in the same way as we see access to water as a human right,” said Martha Myers, climate justice and energy campaigner at Friends of the Earth Europe, which is part of the Right to Energy Coalition.

[…]

CNN

Of course, the morons who demanded that Europe transition away from fossil fuels and nuclear power would demand that energy be treated as a “human right” and doled out free-of-charge. According to Ms. Myers LinkedIn page, she has a bachelors degree in “political anthropology” (WTF?) and a masters in “sustainable development and anthropology.” Clearly the only was to make a total goat-frack sustainable is to make it free…

Energy Poverty in Four Easy Charts

March 2021 electricity rates in select European nations, Australia, Canada and God Bless the USA. https://ift.tt/3pbe1fk
Natural gas prices: Global LNG (blue), US Henry Hub (red).
https://ift.tt/3DBQNoi
US Natural Gas Production, Consumption and Proved Reserves.
https://ift.tt/3AOhaHB
Europe Natural Gas Production, Consumption and Proved Reserves.
https://ift.tt/3AOhaHB

Any questions?

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December 7, 2021 at 04:10PM

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