Gas Power To Diminish As It Increases!
June 22, 2017
By Paul Homewood
Those contrasting headlines again!
All from PEI:
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NOT A LOT OF PEOPLE KNOW THAT 
9 new gas fired plants, 3 new HELE coal fired plants – aren’t these people gullible enough to realise that CO2 emissions cause Global Warming! or possible Global Cooling! or possibly Global complete non-interest.
Fancy those in charge putting the interests of the ordinary citizens ahead of what the IPCC wants, just because their predictions have been complete garbage for 25 years.
It won’t catch on in the UK or Australia.
The first item is just the naive belief of a chief executive who probably has no knowledge of the subject. The other two items are the reality of the situation. Now which to believe?
“The first item is just the naive belief of a chief executive who probably has no knowledge of the subject.”
I respectfully disagree, Philip.
It’s the public pronouncement of a chief executive who has to maintain a share price & justify throwing loads of dosh into that particular corner of the market.
‘Italian Utility Enel Acquires Energy Storage Specialist Demand Energy’
https://www.greentechmedia.com/articles/read/italian-utility-enel-acquires-energy-storage-specialist-demand-energy
‘ENEL BUYS A STAND-ALONE BATTERY ENERGY STORAGE PROJECT IN UK’
Click to access 1667182-1_PDF-1.pdf
Helpful investment advice – sell Enel and buy Ansaldo.
How long before homes need batteries to guard against power cuts?
This might be more useful than batteries: https://www.norwall.com/products/16kW-Generac-Guardian-Home-Standby-Generator-7035?cid=google_feed&dfw_tracker=6374-7035&gclid=Cj0KCQjw1a3KBRCYARIsABNRnxsyNzlC61GGxd7-rRIvukThYxWeC-ckj0s5ESU4IKwrh7M1kKWt7KwaAkZwEALw_wcB
In Feb 2016 Gore installed a 25 kW gas CHP generator in his commercial offices.
Have read recently that Centrica are to close the Rough gas storage facility that stores most of the UK’s gas to balance supply and demand. Gas usage is increasing fairly steadily, what is going on?
Are we going to massively increase LNG as the US wants? We’ll then become dependent on the whims of USA / Saudi / Qatar and Russia and no buffers against world events. …. OMG /SNAFU.
I just read that Centrica have sold some of their generation plant and are changing the company focus. This will include the dumb battery storage. So time to cash in and sell up.