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CHINA To Phase Out ‘Renewable’ Subsidies, Continue To Build Coal Plants

CHINA coal boom - CLIMATISM IER

China Expected to Phase Out Renewable Subsidies, Continue to Build Coal Plants – IER


“We get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” – Warren Buffett

“Suggesting that renewables will let us phase rapidly off fossil fuels in the United States, China, India, or the world as a whole is almost the equivalent of believing in the Easter Bunny and Tooth Fairy.” – James Hansen (The Godfather of global warming alarmism and former NASA climate chief)

Renewable energy technologies simply won’t work; we need a fundamentally different approach.” – Top Google engineers

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CHINA’S greenwashing exercise and heavily subsidised unreliables (wind/solar) experiment is coming to a grinding halt.

THE central planners in the red state know only too well that you cannot power a growing economy on sunshine and breezes.

THEY have made the wise decision to let wind and solar ‘stand alone’, turning the tap off massive government subsidies that keep the turbines spinning and the panels shiny.

MEANWHILE, they will continue building cheap, reliable, supercritical, clean coal-fried power plants to drive their growing economy, dragging even more millions out of poverty, into the middle class.

IER with the numbers :

China Is Expected to Phase Out Renewable Subsidies, Continue to Build Coal Plants

OCTOBER 17, 2018

China’s energy regulator indicated the country will speed up efforts to ensure its wind and solar power can compete without subsidies and achieve “grid price parity” with traditional energy sources. China is encouraging renewable manufacturers and developers to drive down costs through technological innovations and economies of scale in order to phase out power generation subsidies, which have become an increasing burden on the state.

China owes about 120 billion yuan ($17.5 billion) in subsidies to solar plants despite cutting its subsidies to solar power and capping new capacity at 30 gigawatts this year—down from a 53 gigawatts in 2017—because the government is concerned about overcapacity and a growing subsidy backlog.

China’s National Energy Administration issued the draft guidelines on September 13, 2018, indicating that some regions with cost and market advantages had “basically achieved price parity” with clean coal-fired power and no longer required subsidies, and that other regions should learn from their experiences. The draft guidelines urged transmission grid companies to provide more support for subsidy-free projects and ensure they have the capacity to distribute all the power generated by wind and solar plants. Currently, China is soliciting feedback from the industry and has not given a date for implementation of the guidelines.

Coal Construction Continues

While China is putting the brakes on its renewables, it has restarted coal-fired projects that had been put on hold. Approximately 46.7 gigawatts of new and restarted coal-fired power construction has been spotted through satellite imagery. The coal-fired power plants are either already generating power or will soon be operational, increasing China’s coal-fired power capacity by 4 percent.

Coal consumption in China increased 3.1 percent in the first half of 2018 compared with the same period last year due primarily to coal-fired generation. Electricity consumption increased 9.4 percent during that period. A rebound in industrial demand for electricity and electric power shortages during the summer in some regions have made policy-makers more accepting of overcapacity from demand-responsive generation. Economic data for the first half of 2018 indicate that China’s power demand is rebounding.

Despite the change in coal-fired plant construction, overcapacity is still a problem in China. Utilization rates for coal-fired plants recovered slightly from a 50-year low in 2016, but have not even returned to 2015 levels. About half of the country’s coal-fired power plants were running at a loss in the first six months of this year due to high coal prices. Because of capacity cuts in its domestic mining sector, China’s coal imports increased, driving global prices for thermal coal that is used to generate electricity.

Thermal Generation Outpaces Renewable Generation

Despite China’s push to ensure all solar and wind production is distributed by the grid, China’s thermal electricity production (coal, natural gas, oil, and biomass) is increasing much faster than its renewable (wind and solar) electricity production. In the second quarter of 2018, wind and solar generation increased by 51 terawatt hours while thermal electricity production increased by 176.9 terawatt hours—about 3.5 times as much. Together wind and solar power represented just 21 percent of the increased power generation in the second quarter, while thermal power provided 72 percent.

Source- China Energy Portal *Thermal is a combination of coal, gas, oil, and biomass

Source: China Energy Portal  *Thermal is a combination of coal, gas, oil, and biomass

Conclusion

China is still counting on coal to keep the lights on and keep its industrialization booming. While it has invested heavily in subsidizing its solar power industry, it realizes it cannot continue with the massive subsidies and has issued draft guidelines to phase them out. Despite having overcapacity and underutilized plants, it is continuing to construct coal-fired plants to ensure that power is available throughout the country and throughout the day.

China Is Expected to Phase Out Renewable Subsidies, Continue to Build Coal Plants – IER

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FAKE NEWS MEDIA 

THE global-warming-theory-obsessed mainstream media and unreliable-energy spruikers like Renew Economy routinely market China as the “leader in renewable energy”. 

THIS is deceptive fake news and classic propaganda designed to keep unreliables afloat through endless taxpayer subsidies causing rampant energy poverty that is destroying western economies and, ironically, sending jobs, industries and ’emissions’ directly to China!

FAKE NEWS

FAKE NEWS

FAKE NEWS

PROPAGANDA

PROPAGANDA

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SEE also : 

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ENERGIEWENDE FAIL: German CO2 Emissions Higher Now Than In 2009

ENERGIEWENDE fail…

AFTER hundreds of €BILLIONS of taxpayer’s hard-earned money spent, Germany’s Energiewende program exposed as a catastrophic failure.

WHEN will this ideological push for symbolic, costly, unreliable, unwanted, economically and environmentally destructive, symbolic, fake ‘energy’ end?

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

germany coal

http://uk.businessinsider.com/these-6-countries-are-responsible-for-60-of-co2-emissions-2014-12?r=US&IR=T

In its INDC at Paris, the EU stated that it was committed to a binding target of an at
least 40% domestic reduction in greenhouse gas emissions by 2030 compared to 1990, to be fulfilled jointly.

However the UK has gone much further by committing to a cut of 57%, thanks to the legally binding Fifth Carbon Budget, written by John Gummer’s Committee on Climate Change.

But what about Germany, where we hear so much about the Energiewende? Surely they must be at least matching our efforts?

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‘GREEN’ Killing Fields: Wind Turbines Responsible For Massive & Unnecessary Bird Slaughter

“Bird mortality by wind turbines is such a well-established fact in wind energy circles that in 2013 a wind energy company agreed to pay $1 million in fines after the Justice Department proved it guilty in a first criminal case against a wind power company for the deaths of protected birds.”

STATE-sanctioned bird and bat slaughter.

WHERE’S the outrage from ‘green’ and ‘environmental’ groups? Crickets.

STOP THESE THINGS

Golden Eagle ‘transitions’ to California’s wind powered future …

Renewable energy zealots didn’t invent hypocrisy, but they seem quite comfortable wearing it, like their very own badge of honour.

If wind power was even close to being a meaningful power generation source, you might, just might justify the wave of environmental and societal destruction that comes with it. Abandoned centuries ago for pretty obvious reasons, wind power was redundant the moment James Watt turned steam into motive force.

The wind cult, however, have no difficulty in justifying the destruction of pristine landscapes; the dismemberment of once cohesive, rural communities; the creation of toxic waste lands in China (where the rare earths essential to wind turbines are processed); power prices that punish the poorest and most vulnerable in society; and barely bat an eyelid at the slaughter of millions upon millions of birds and bats, across the globe.

The carnage…

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SA Labor Government’s Wind Power Obsession Generates Crippling $815m Bill for Taxpayers

“IN the summer-time lead up to the state election in March this year, Jay Weatherill shipped in 276 MW diesel-fuelled Open Cycle Turbines (that chew up 80,000 litres of diesel every hour).

“Over $815,000,000 was squandered in all: $610,000,000 on Jay’s jets and a large chunk of the balance on Elon Musk’s 100 MW mega-battery (at the time our insiders told us the full cost was over $150,000,000, now it looks like being closer to $200m).

With the highest power prices in the world, South Australia’s economic fortunes look more like a train wreck than anything worth writing home about. Its unemployment rate is rising and already tops the nation.”

WELCOME to the world of energy poverty, care of #unreliables – wind and solar ‘power’…

STOP THESE THINGS

Jay’s jets: generate whopping $610,000,000 bill for SA’s taxpayers.

South Australians can thank their former Labor government’s obsession with wind and solar power for their status as an international joke.

Paying the highest retail power prices in the world (with worse to come), routine load shedding and statewide blackouts, and a grid on the brink of collapse, is all the inevitable consequence of attempting to run an economy on sunshine and breezes.

One of the reasons things got this way (and it happened in a bit over 16 years) is the manner in which the useful idiots in the mainstream press pumped wind power, as if it was a sacred gift delivered by some magical and benevolent deity.

In South Australia, the wind cult kicked off around 2002 when its then Labor Premier, Mike Rann started tilting at windmills – encouraged by the boys from Babcock & Brown…

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DEUTSCHLAND’S Delusion: Unreliable Energy ‘Transition’ in Tatters – CO2 Targets Missed as Power Prices Spiral Out of Control

AFTER nearly a €TRILLION Euros of taxpayer’s hard-earned money spent, Germany’s #Energiewende program exposed as a catastrophic failure.

WHEN will this ideological push for symbolic, costly, unreliable, unwanted, economically and environmentally destructive ‘energy’ end?

STOP THESE THINGS

Destroyer of worlds: wrecking villages and an entire economy.

Germany has a history of clinging to lost causes: its ‘inevitable’ transition to wind and solar is just the latest example. As Berlin was overrun by the Red Army in April 1945, Hitler and his loyal aides and commanders kidded themselves that the Reich might soon ride again.

The Fuhrer and his newly wedded wife, Eva literally went out in a blaze of glory, rather than face capture and humiliation of the kind dished out to his Italian mate Mussolini. (There’s always something a little poetic about captains going down with sinking ships, even if the captain in question was a deranged monster, responsible for destroying Europe and tens of millions of innocent lives.)

A few generations on, Germans are watching history repeat.

This time it’s their position as Europe’s industrial and manufacturing superpower that’s facing, deliberate and self-inflicted annihilation. Germany’s…

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FRENCH Kiss of Death: Paris Obsession Driving Australian Power Prices Through the Roof

Australian Power Project chief executive Nathan Vass said taxpayers would be forced to effectively “pay twice” for the program — once when they pay their electricity bill and again through government support of the companies running the solar and wind farms. “Australian industry won’t get much of a benefit from this deal,” Mr Vass told The Australian. “This will only help manufacturing jobs in China, Europe or the US where most wind turbine and solar panel manufacturers are based.”

Foreign Wind Companies Vs One Australian!

NOT only are jobs, industry and “emissions” going offshore thanks to skyrocketing ‘green’ energy bills, but now income from energy bills will be going to overseas multi-nationals who build and control Australia’s planned mega wind parks.

JUST when you thought things couldn’t possibly get any worse! Insanity on steroids….

STOP THESE THINGS

For Australian households and businesses being crushed by out-of-control power prices the Paris Climate Agreement is a maniac’s suicide note.

With nothing else to justify the $60 billion being thrown in subsidies at chaotically intermittent wind and solar, renewable energy rent seekers are clinging to the notion that the deal done in the City of Light will forever hold them harmless from both political and commercial reality.

The more insane aspects of the Paris agreement are yet to bite in Australia: agriculture and transport will eventually suffer the same self-inflicted destruction that has been meted out in the power generation sector.

Australia’s cattle and sheep herds currently number in the tens of millions: 26 million beef cattle and 2.8 million milkers; sheep number around 74 million. Under the Paris deal sheep and cattle numbers will need to be slashed by more than 26% to meet its target for…

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GREEN ENERGY POVERTY: Volunteer Knitters In High Demand As Soaring Power Prices Leave People Cold


“WE were the cheapest electricity market in the world, and now we’re one of the dearest. It’s insanity that this has occurred in a market that is so well-blessed in resources.”
― Alan John Moran (Australian columnist and Economist)

“WE have some of the highest power prices in the world. It would be like the Eskimos having some of the most expensive ice per kilo bag at the service station, ridiculous. Like the Saudis having the world’s most expensive petrol, ridiculous. And here we are in Australia…” – STOP THESE THINGS

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AUSTRALIA’S once key economic advantage and proud boast of having the cheapest power prices in the world has been sacrificed at the altar of global warming climate change by its politicians’ obsession with global warming theory, an anti-coal agenda and subsequent mad rush into large-scale unreliable ‘energy’ sources – wind and solar.

POLITICAL bipartisan appeasement to the UN climate gods, over its own citizens, has come at a major cost to Australian businesses and households, now exposed to some of the highest power prices in the world, South Australia officially the highest :

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MASSIVE subsidies afforded to unreliables via the $3BILLION per annum RET have driven cheap coal-fired power out of business and made electricity a luxury the very poor cannot afford in winter – and all this sacrifice will make zero difference to the climate…

AUSTRALIA’S Chief Scientist, and warming enthusiast, Alan Finkel admitted in 2017 that even if Australia ended all emissions from cars, power stations, factories and cows, the difference to the climate would be virtually nothing. But, damage to the economy would be devastating.

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AUSTRALIAN ENERGY SUBSIDIES 2015/16 – LRET (Large Scale Renewable Energy Target)

Takeouts…

Fossil Fuel Subsidies:

  • $63 Million (2% of subsidy share)
  • FF’s supply ~80% of Australia’s electricity requirements.

Unreliables Subsidies (Wind and Solar):

  • $2.9 BILLION (98% of subsidy share)
  • Unreliables supply max ~10% of Australia’s electricity requirements, depending on weather conditions.

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ENERGY POVERTY

SEE now what their panic-making has inspired – symbolic global warming schemes that have hurt us infinitely more than any slight, and most probably beneficial, global warming ever could…

Volunteer knitters in high demand as soaring power prices leave people cold

PHOTO- Knit One Give One founder Ros Rogers at their sorting centre in Caulfield. (ABC News- Nicole Mills)

PHOTO: Knit One Give One founder Ros Rogers at their sorting centre in Caulfield. (ABC News: Nicole Mills)

Updated

A national army of knitters is in desperate need of more volunteers to help them meet the growing demand for winter woollies.

Knit One Give One (KOGO) founder Ros Rogers said the organisation has already donated more than 55,000 items this year.

“The need has gone up, definitely,” she said.

“This year we’re having trouble keeping up with the demand for two reasons; we’re becoming better known so people are asking for us, but the other thing is that there’s just more demand.

“We’re not even talking necessarily about the homeless, or people sleeping rough — we’re talking about families who can’t afford to run their heating.”

Knitters benefit as much as recipients

The group, which started in 2004, has more than 5,000 knitters on their database, but some of those are knitting groups — meaning the number of individual knitters is estimated to be much higher.

Ms Rogers said they get feedback from volunteers and recipients who both benefit from the process.

“That’s one of the things that I love about KOGO, it gives a lot of people a way to give back to the community, people who wouldn’t otherwise, so the knitters get as much out of it,” she said.

“Occasionally we’ve had a letter from a homeless person.

“We got one email from a homeless lady which was very heart-wrenching, telling us how difficult her situation was and how a blanket from us was so heartwarming, not just the actual physical warmth, but the emotional warmth.”

PHOTO- Beautiful buttons show the effort many volunteers go to. (ABC News- Nicole Mills)

PHOTO: Beautiful buttons show the effort many volunteers go to. (ABC News: Nicole Mills)

“Even if people have got heating, they can’t afford to run it, so they need the warm clothes or the blankets.”

Volunteer knitters in high demand as soaring power prices leave people cold – ABC News (Australian Broadcasting Corporation)

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MEANWHILE

AS unreliable-energy-obsessed Australian State governments cheer as they blow up their last remaining coal-fired power stations, the rest of the sane/smart World secures its real-energy future with a massive ramping up of cheap, efficient baseload coal-fired power technology…

SEE :

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CONCLUSION

THIS is the grim reality of what life looks like under the totalitarian rule of the feel-good ‘Greens’. The “zero-emissions” zealots who want to force us backwards down the energy ladder to the days of human, animal and solar power.

JUST as socialist central planning failed miserably before it was replaced by free market economies, green central planning will have to be discarded before Australia will see a return to energy security and competitive pricing.

H/t @MRobertsQLD

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