It’s been a while since I’ve used Twitter to dunk on a Bad Take I saw on LinkedIn, but I submitted my grades this afternoon so here you go: (clears throat) #renewables cause higher electricity prices because they are intermittent.” (1/9) #energytwitter
Let’s pick this apart. Renewables are indeed intermittent (to quote Billie Eilish, “duh”). Battery storage is $$$ but other forms (eg pumped hydro) are cheap. (2/9)
Renewable generation is often curtailed due to lack of transmission capacity, and it can help out in times of high demand if we could expand transmission. (3/9)
But back to my point: what generates electricity when renewables are curtailed or not producing? Coal and gas. (And a bit from nuclear.) (4/9)
Natural gas prices have soared since the war in Ukraine started. Gas-generated electricity is correspondingly expensive now, because the gas itself is expensive. We’re seeing this throughout the US and Europe. (5/9)
So you see Bad Takes like “German electricity is so expensive bc they are incorporating more renewable energy, which is intermittent.” This COMPLETELY misses the point. (6/9)
If you remove renewable generation and rely solely on gas and coal, guess what? Your prices go up. Because the feedstocks are expensive. (7/9)
More renewable generation in the mix REDUCES prices because you’re insulated from the global fossil fuel market. This is true everywhere, including Texas. #txenergy#txlege (8/9)
So we need more energy storage and transmission everywhere. But “MOAR GAS” will not reduce electricity costs. (9/9)
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I want to register my displeasure with a current sentiment: quality of life increased markedly in the last century when fossil fuels were the dominant source of energy, therefore they are the only way to ensure future increases in quality of life. 1/6
The corollary that you also see is: if we reduce fossil fuel use, we are doomed to decreases in quality of life (plague, famine, etc). This thinking follows three logical fallacies that we should all look out for: 2/6
First, appeal to ignorance. Just because an increase in quality of life has not happened when fossil fuels were not the primary energy resource does not mean it could not happen. 3/6
I'm seeing some grumblings about the requirements in section 50265 of the IRA for issuing "a right-of-way for wind or solar energy development on Federal land" and I think this is not a big deal if we remember a few things: (1/7)
Onshore federal land is 27% of total onshore acreage (620 million out of 2.27 billion acres total) and offshore federal acreage (managed by BOEM) is 1.7 billion acres... (2/7)
The requirements stated in section 50265 amount to AT MOST 0.3% of onshore federal land and 3.5% of offshore federal land...(3/7)
I've been getting a lot of requests to explain what's going on with oil/gasoline prices rn, so I made a plot of weekly average gasoline prices and WTI spot prices (both from @EIAgov) going back to May 2020 with some key dates. (1/7) #oott#energytwitter
First, notice how correlated the two trends are. Remember, according to EIA as of January 2022 56% of the cost of gasoline was crude costs: eia.gov/petroleum/gasd… (2/7)
There are 3 things going on: COVID, domestic politics, and international politics. Look at the increase in prices from November 2020 through January 2021. This corresponded w/ anticipated change in presidential administrations (& more COVID relief $$) (3/7)