+- +-

+-User

Welcome, Guest.
Please login or register.
 
 
 
Forgot your password?

+-Stats ezBlock

Members
Total Members: 51
Latest: JUST4TheFACTS
New This Month: 0
New This Week: 0
New Today: 0
Stats
Total Posts: 14881
Total Topics: 258
Most Online Today: 29
Most Online Ever: 201
(December 08, 2019, 11:34:38 pm)
Users Online
Members: 0
Guests: 1
Total: 1

Author Topic: Fossil Fuel Profits Getting Eaten Alive by Renewable Energy!  (Read 6748 times)

0 Members and 0 Guests are viewing this topic.

AGelbert

  • Administrator
  • Hero Member
  • *****
  • Posts: 31757
  • Location: Colchester, Vermont
    • Renwable Revolution


August 19, 2016

https://www.cleanenergywire.org/news/grid-operators-fight-reduced-capital-returns-never-again-cheap-fuels

SNIPPET:

#Fossil fuels #Utilities

WirtschaftsWoche


Uniper: Risky bet on electricity from gas

Troubled German energy company E.ON is listing its conventional power division Uniper but the move lacks a convincing plan, Angela Hennersdorf writes in WirtschaftsWoche.

Uniper comprises commodity trading operations and more than 300 coal and gas power plants worldwide — fossil fuel-burning assets that have no place in the post energy transition era, Hennersdorf adds.   

She describes E.ON’s plan to list 53 percent of the unit in September as “shaky,” pointing out that electricity produced by gas plants is profitable at prices of at least 45 euros per kilowatt hour, but recent wholesale prices for gas-generated electricity were at less than 30 euros.

Agelbert NOTE: And then there is the water use problem in a world of increasingly expensive (due to Global Warming caused scarcity) fresh water that fossil fuel power plants have, that wind and PV solar do NOT have.



Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

 

+-Recent Topics

🌟 IMPEACHMENT SCORE 🌠 by AGelbert
January 18, 2020, 07:53:36 pm

🚩 Global Climate Chaos ☠️ by AGelbert
January 18, 2020, 07:42:27 pm

🦕🦖 Hydrocarbon 🐍 Hellspawn Mens Rea Actus Reus modus operandi by AGelbert
January 18, 2020, 07:36:46 pm

Mechanisms of Prejudice: Hidden and Not Hidden by AGelbert
January 18, 2020, 07:28:07 pm

Creeping Police State by AGelbert
January 18, 2020, 05:09:32 pm

You will have to pick a side. There is no longer Room for Procrastination by AGelbert
January 18, 2020, 04:17:54 pm

Earthquakes by AGelbert
January 18, 2020, 01:58:04 pm

Non-routine News by AGelbert
January 18, 2020, 01:23:42 pm

Resisting Brainwashing Propaganda by AGelbert
January 18, 2020, 12:51:28 pm

Doomstead Diner Daily by Surly1
January 18, 2020, 06:15:40 am