tag:blogger.com,1999:blog-5251183560375528307.post8123499425800967722..comments2024-03-28T10:30:02.679-05:00Comments on Bit Tooth Energy: Future Coal Supplies - more, not less!Heading Outhttp://www.blogger.com/profile/01790783659594652657noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5251183560375528307.post-19514113918349314422018-01-24T23:31:59.816-06:002018-01-24T23:31:59.816-06:00This comment has been removed by the author.Damomshttps://www.blogger.com/profile/14338318374623251832noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-4563640072802720972015-07-17T22:05:37.541-05:002015-07-17T22:05:37.541-05:00hóa đơn hợp pháp và bất hợp pháp
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And nice comment from Kinuachd...Very nice article. And nice comment from Kinuachdrach.<br /><br />The coal is certainly out there. An enormous quantity of coal, plus enormous quantities of a broad range of other hydrocarbons. (not to mention uranium and thorium)<br /><br />If we can get past the carbon hysteria and dieoff faddism that has consumed so much of the ruling classes and intelligentsia of the western world, perhaps we can learn how to utilise this abundance of energy resources wisely.<br /><br />We have to face a stark fact: The political left in the west has settled on a carbon hysteric dieoff and energy starvation approach to the next several decades. The only way to escape their suicidal clutches is to put them far away from any seat of power.<br /><br />They would then turn to eco-terror as a tool, but that is more easily managed than to have them terrorising society's future from seats of government and inter-government.al finhttps://www.blogger.com/profile/13739269791915017382noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-87715771890095471142010-11-23T19:45:24.564-06:002010-11-23T19:45:24.564-06:00King Coal ruled through the 18th, 19th, and half t...King Coal ruled through the 18th, 19th, and half the 20th Century. It was as late as the 1960s that oil replaced coal as the largest source of energy for human life. And on current trends, HO is undoubtedly right -- Coal will reclaim its crown.<br /><br />In the long run, economics rule. Under normal situations, humans will always pursue efficiency and select the most effective source of power, which today is fossil fuels or nuclear (or, in very limited niches, hydro-power or geothermal). But for the last few decades, we have been in an unsustainable situation, where politicians have forced people to behave inefficiently -- shutting down low cost, effective power sources like coal & nuclear and instead promoting high cost, unreliable sources like wind & solar. This is only possible with subsidies, and subsidies are unsustainable.<br /><br />Now that we are in the early phases of "Peak Government" with governments across the West running out of money, the subsidies will inevitably be cut. Normal economic forces will come into play, and coal use will go up. Thankfully, as HO points out, the planet has adequate resources to support higher use.Kinuachdrachhttps://www.blogger.com/profile/13275320683766290581noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-8567491782079712542010-11-22T15:24:32.573-06:002010-11-22T15:24:32.573-06:00Ok Dave, let me through more wood into this fire.
...Ok Dave, let me through more wood into this fire.<br /><br />The information I have from my contacts here in the National Grid is that spot prices directly impact electricity prices. In 2008 things got really ugly because the government, already running an electricity deficit, was nonetheless unwilling to rice prices. Utilities made the first half of that year loosing money, selling electricity cheaper than the coal the were burning. As with most info on coal this never came out in the press, so you'll have to take my word for it :). While it is true that power stations may be built with the supply from a certain mine in mind, the actually daily usage can't be forecast before hand, hence spot comes into play. Note that while in the US utilities burn coal mined by their neighbour, here we burn coal that comes mostly from the southern hemisphere (some years ago New Zealand was the largest supplier of Portugal).<br /><br />As for higher prices moving resources back into reserves, this argument has been beaten close to death at TOD. Certainly I understand that Coal differs in many ways from Oil, but EROEI issues are about the same: can these lower EROEI resources sustain high extraction rates? It's the “size of the tap / size of the tank” issue. In some sense I read CERA's arguments against Peak Oil in your logic for Coal.<br /><br />We can continue locked around these arguments for long. So Dave what I'd ask from you is a XXI century assessment for coal: producing a world ultimate and an extraction profile. And I fully acknowledge this ain't no simple task, the Hubbert Method is not useful and hard data for coal is shrouded by the industry. But if anyone is up to that task is you.Anonymoushttps://www.blogger.com/profile/08895745055248556694noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-24341445864551095892010-11-22T09:31:00.504-06:002010-11-22T09:31:00.504-06:00Coal is different from oil in that it is largely ...Coal is different from oil in that it is largely used in power stations, rather than by small-scale consumers. Thus when a mine is established, or a power plant, there is a coming together of both groups to ensure a long-term supply, which justifies the investment in the large facilities at both ends of that supply chain. In consequence, because of those agreements, the actual price of coal is quite often significantly below the spot market price that is usually quoted, since it was agreed some years ago and on long-term delivery contracts. <br /><br />It is also, in my opinion, unwise to use the EU as an argument at the moment, given the hostility of their regulations to the use of coal (see the mess the UK is going to get into in following them) and the uncertainties that have caused power companies not only there but also in the US to cancel or postpone orders for new stations. It will only be when it becomes more evident that there is no other easy alternative that the coal market will strengthen and develop.<br /><br />My example of Botswana (200 billion tons) was meant to exemplify that the current surveys do not include such resources, I could equally well have cited Mozambique, which is now bidding against Australia and Indonesia to supply China. One project alone there is for 5 billion tons which is targeted to a steel maker in China.Heading Outhttps://www.blogger.com/profile/01790783659594652657noreply@blogger.comtag:blogger.com,1999:blog-5251183560375528307.post-56340381771967475222010-11-22T08:49:08.140-06:002010-11-22T08:49:08.140-06:00Hi Dave, a couple of points on this post:
Firstly...Hi Dave, a couple of points on this post:<br /><br />Firstly, I think it is important not to loose focus with studies like the one by Patzek. The important question today is knowing if the sky high forecasts by the IPCC are serious or not, for if they are not Coal won't be able to replace Oil. Jean Laherrère has been using a Coal ultimate of 700 Gtoe, which is about 15% above BP's estimate and 40% over the World Coal estimate. Even with these number we get a peak in the first half of this century. A Coal peak after 2050 requires reserves figures several times those by BP or World Coal.<br /><br />And secondly, the argument that reserves are lower because of low coal prices is really not that congruent any more. Coal prices have ridden a much crazier roller coaster that Oil; just between 2007 and 2008, prices tripled... Coal is presently being market at prices around 90 €/ton in Europe as in China. In the former, Germany is spending 2 billion €/year on subsidies to this industry, which inflates the actual price by further 40 €/ton. Looking ahead, expected exports from Australia and sub-Saharan Africa are far from matching the increased demand from Asia; the world Coal market will only get tighter in the coming decade. So we better see production ramping up in Europe or we might as well forget about Coal as a main energy source.Anonymoushttps://www.blogger.com/profile/08895745055248556694noreply@blogger.com