Month: May 2023

Carbon capture: a net emitter of CO2 ?

CO2 is not pollution

A BBC article headline asked: ‘Carbon capture: What is it and how does it fight climate change?’ But a report last year found a Shell Oil project output more CO2 than it captured. The amount of CO2 such sites can capture is negligible anyway, and they’re relying on ‘hopium’ to bring the high costs down. Given the lack of evidence of success of CCS installations, why is the BBC – or anyone – promoting it as a climate benefit?
– – –
The UK government has announced that the first sites in the UK to capture greenhouse gases will be in Teesside, says BBC News.

The carbon capture plants are designed to prevent carbon dioxide (CO2) from industrial processes and power stations being released into the atmosphere.

The announcement was part of the government’s new Net Zero Strategy and aims to move the UK closer to meeting its legally-binding carbon commitments.
. . .
Why is carbon capture needed?

Carbon capture power plants are part of the government’s commitment to remove carbon from UK electricity production by 2035.

It hopes to build at least one by the mid 2020s, although that deadline now looks improbable.

There has been a big expansion in renewable energy in the last decade – in particular the use of offshore wind – but the unresolved question is how to keep the lights on when the wind isn’t blowing.

Carbon capture power stations are seen as part of the solution, along with the increased use of nuclear energy, and other rapidly-evolving technologies such as hydrogen.
. . .
How much CO2 will these plants remove?

In 2021, the UK emitted 425 million tonnes of CO2. That’s fallen by almost 50% since 1990.

The amount being captured at these proposed power stations is very small by comparison.

None of the proposed carbon capture plants claims to capture more than two million tonnes a year.

The government has set a target to capture between 20 and 30 million tonnes of CO2 a year by 2030. That could involve other industrial processes as well as power generation.

How much will carbon capture cost?

The technology has been around for decades. It’s mainly been used in industries where captured CO2 can be reused, for example to force out oil and gas from underground reserves.

There are no such plans to use the CO2 from the new proposed power stations.

The cost of a new gas power station, providing electricity for nearly a million homes, is around £350m.

Catherine Raw of energy company SSE told the BBC that building a similar sized gas power station with carbon capture would roughly double the cost.

The hope is that the price might fall over time. The cost of renewable energy for example has plummeted in the last decade.

There are those who see carbon capture as too expensive and believe the money would be better spent on renewables and power storage (like batteries).

“These power stations look like another excuse for the government to show preference to their friends in the oil and gas industry, making energy more expensive to everyone else’s disadvantage,” says Dr Doug Parr of campaign group Greenpeace UK.

Do other countries have carbon capture?

In September 2022 there were just 30 carbon capture facilities in the world, according to a report from the Global CCS Institute.

Almost all of these are attached to industrial plants carrying out activities such as natural gas processing or fertiliser production.

Once built, it is hoped other industries would use the UK power station’s pipeline to store CO2 under the North Sea.

Full article here.

via Tallbloke’s Talkshop

https://ift.tt/Yk6Nt5h

May 3, 2023 at 03:54AM

Wind Industry’s Major Meltdown: In 2022 GE, Vestas & Siemens Energy Lost $4.6 Billion

In 2022, GE’s renewables division scorched $2 billion, Vestas vaporized $1.68 billion and Siemens Energy said goodbye to $943.48 million. It seems that it’s only the hope that governments might throw a few more taxpayer’s $billions in their direction that keeps these outfits hanging on.

While that might have been a sensible tack to take in the past, with the implosion of Europe’s grand wind and solar ‘transition’ there appears to be little hope of countries like Germany, France and the UK indefinitely shelling out mountains of cash for costly and chaotically intermittent wind power.

Linnea Lueken takes a look at the financial misery that’s beset the wind industry’s biggest operators.

Right, OilPrice.com, Wind Power is Unprofitable
Climate Realism
Linnea Lueken
21 April 2023

A recent article at OilPrice.com explains how wind power is unprofitable, going into detail on some of the economic hurdles that industrial wind power development has encountered. Supply chain problems, inflation, likely the high price of fossil fuels, and other issues have resulted in billions of dollars in losses. Despite this, wind power companies are unconcerned about going bankrupt, due primarily to the fact that governments are mandating that increasing numbers of wind turbines be added to the electric grid in pursuit of net-zero carbon dioxide emissions policies, complete with generous subsidies.

The author of the OilPrice.com article, “Wind Power Has A Profitability Problem,” Felicity Bradstock, points out that despite massive investments and mandated construction by governments leading to growth in the wind power industry, “companies are realizing that it is difficult to translate wind power into profits.” Bradstock says the return on investment has not been what companies expected, writing:

In June last year, there were reports that some of the world’s biggest wind energy companies were battling heavy losses. Vestas Wind Systems, General Electric Co., and Siemens Gamesa Renewable Energy all faced extremely high raw material and logistics costs following the pandemic when supply chains were disrupted. This came after an arms race in which wind majors were competing to build the tallest, most powerful wind turbines at whatever cost would put them ahead of the rest.

Losses were seen across the board in 2022, to the tune of $2 billion for GE’s renewables division, $1.68 billion for the largest turbine manufacturer Vestas, and Siemens Energy lost $943.48 million.

Apparently, though companies are optimistic, in no small part because governments are requiring the use of their products through renewables mandates, “promising” high demand, and “new grants and subsidies are keeping the wind energy industry’s spirits high, and we can expect more incentives for new wind capacity worldwide as other countries and regions introduce their own climate policies.”

The wind industries’ losses are not all that surprising, given the unreliability of the product itself. In multiple posts, Climate Realism has discussed, herehere, and here, for example, wind power’s failure to provide the promised energy to customers.

Climate alarmists and renewables advocates frequently cite the claim that wind power, or renewables in general, are cheaper than fossil fuels, but the reality is different. The intermittent nature of wind power leads to higher grid operating costs. Additionally, the lifespan of these turbines is a lot less than manufacturers claim. In the case of one of Oregon’s largest wind power facilities, Bigelow Canyon, the turbines break down so often that they only survive for half of their purported lifespans. The facility averages output at 27.6 percent of its rated production capacity. Also, when wind turbines aren’t operating, the power must be supplied from elsewhere, most often from fossil fuel powered plants, yet the costs of keeping such plants idled or operating at less than peak levels isn’t charged against the wind facilities, as it should be.

What is clear, is that wind facilities have tremendous upfront capital costs during the construction and installation of the turbines. The OilPrice.com article also confirms that these costs are rising quickly, due to higher materials costs, higher energy costs, supply-chain, and global trade issues.

Despite their tremendous losses, these companies continue to exist, entirely due to intervention by federal and state governments in the form of mandates, tax credits, property tax abatements, subsidies, guaranteed costs pass throughs to ratepayers, and other types of support. As Climate Realism discusses here, “without government subsidies and mandates, wind and solar power would largely be a boutique power supply for the wealthy.”

The public owes news outlets like OilPrice.com a debt of gratitude for reporting on the high costs and limited benefits of wind power. Sadly, most media outlets report on wind power through “rose-colored lenses,” which distort the true costs of wind power. If the technology was really so great, it would be able to compete in the marketplace without continuing government support.
Climate Realism

via STOP THESE THINGS

https://ift.tt/pF6Yovm

May 3, 2023 at 02:30AM

CLIMATE MODELS FAIL TO PREDICT OCEAN TEMPERATURE RISE

We are only just beginning to understand the role of the oceans in the world’s climate. Something which the general public are not being told, as obviously it would undermine the political will to carry out the extreme measures needed to end the use of fossil fuels. The following link is to an article looking at the recent rise in ocean temperatures: 

 Rapid ocean temperature rise puzzles scientists – Net Zero Watch

One thing that scientists do not seem to do these days is state what the margins of error there are in the measurements, something that is crucial

via climate science

https://ift.tt/lLwhqnI

May 3, 2023 at 02:05AM

A Try at Electric Vehicles: Samuel Insull a Century Ago

Ed. Note: The current government-led drive for battery electric vehicles (EVs) can be informed by history. In the 1890s through about 1920, electric vehicles went from market dominance to market rejection, outcompeted by the gasoline-powered internal combustion engine. This post, and others at MasterResource (here and here), revisit the early history of the electric vehicle.

Electricity was the early front runner for horseless carriages, and the great man of electric utilities, Samuel Insull, got out in front. In 1898, Chicago Edison opened battery-charging stations and offered promotional rates to jumpstart this market. “Load-leveling” rates meant cheap off-peak charging at wholesale to serve this embryonic market.

In 1899, Insull became president of the $25 million Illinois Electrical Vehicle Transportation Company, the western branch of the Columbia Automobile Company of New York, to market electric cabs and carriages in Chicago. The plan was to have 1,000 taxis and rental vehicles profitably operating in the city, which as a byproduct would create a steady, off-peak “typical long-hour load” for Commonwealth Edison—far better than business that might add to the peak. As compared to storing power itself, Commonwealth Edison could “shift the charge and discharge losses of about 20 to 30 percent to the customer, but also battery maintenance” to customers.

But electric vehicles as a “complement” to public transportation—such as (electric) cab rides for $0.15 from the home to the streetcar stop—would prove too optimistic. Profits were scarce, and Insull used the occasion of a March 1901 drivers’ strike to liquidate Illinois Electrical.

Other cities held on a little longer, but competition from horse-drawn vehicles and the emerging gasoline-powered car proved too much in view of the stubborn limits to battery technology. Indeed, the lead acid battery, which an 1898 issue of Electrical World complained “will sputter, fume, give out on the road, leak, buckle, disintegrate, corrode, short-circuit and do many other undesirable things under the severe pressure of automobile work,” would never achieve the needed breakthroughs.

In 1900, Insull cofounded the Automobile Club of Chicago to sell the public on the new mode of transportation—and deal with the politics of a new entrant. The year before, for example, the city’s South Park Board prohibited motor vehicles from using the boulevards and parks, leaving bicycles and horse carriages. This “unprogressive” ban would be overturned by Chicago’s mayor.

Insull, “propelled by the vision of unified electric light, traction, and power distribution,” was not done yet with electric vehicles. In 1903, Insull got involved with an electric-car maker, Walker Vehicle Company, a relationship that would continue into the 1920s despite limited success.

Outside of short-haul delivery trucks, this market for electricity would not take hold despite ongoing efforts by Insull and Chicago Edison. The reason was Henry Ford’s gasoline-powered internal-combustion engine. Thomas Edison predicted as much in a conversation with Ford at the AEIC annual meeting in 1896, preserved for history by Samuel Insull himself. Edison labored to make batteries more economical for the transportation market, but the problem of weight/energy-density prevented both a Ford Electric market and a way to help meet peak load.

————-

The post is an excerpt from Robert L. Bradley Jr., Edison to Enron: Energy Markets and Political Strategies (Scrivener Publishing and John Wiley & Sons, 2011), pp. 90–91.

The post A Try at Electric Vehicles: Samuel Insull a Century Ago appeared first on Master Resource.

via Master Resource

https://ift.tt/uwgAYHo

May 3, 2023 at 01:11AM