EIA Winter Fuels Report: heating with electricity will cost 77% more than heating with natural gas; NuScale SMR project gets cancelled
@robertbryce.substack.com the insanity continues
The push to electrify the country is setting up a situation were electricity is being commoditized. Well, electricity is not a commodity, it is an energy meduim. The way electricity is generation does have an effect on it's utility. Beyond the endless studies that have touch on this topic, a real world example is Germany. The intermittent nature of the generation has ripple effect that were know but not perpared for. The hollowing out of the industrial sector is happen quickly the resutls? lost of jobs, wages, taxes, communities, families, & culture, more crime, increased inequaility, increase poverty, trade deficts, etc. These are the indirect cost on top of the direct cost which are higher energy bills leading to decrease in dispose income and sending the country into energy proverty. Energy poverty arises once the share of energy bills of an individual’s net income exceeds ten percent, which affected about 25% of all citizens in 2022, the year before that it was 15%, an increase of 10%!
The political nature of democracy forced the Germany goverment to so a 180 degree on it's position of fire up the coal plants, which have another negative cost as air pollution has increased, which has while not immediately will eventually show up in Germany's healthcare cost. And while taxes do play a part of Germany's high-funny fact they just cut energy taxes-the true culprit is the political decision to electrify the grid causes a two teir system unable to match the demand needed to run a morden industrial country. And if you are not careful, this can happen in America, less likely given the separation of powers of the country, but given a long enough time frame anything is possible.
@robertbryce.substack.com, looks like RMI used that Bloomberg money to open a service for policy makers to use for green legislation. The site is complete with state report cards. https://rmi.org/solar-in-arizona-hydrogen-in-louisiana-heres-where-each-state-should-look-for-quick-climate-solutions/
I hate to burst the "electricity bad" bubble, but you didn't even understand the data correctly. I'm guessing you didn't actually read, you just looked at the tables. From your source:
"The total winter expenditure data we show represents all uses for each primary heating fuel, not just the portion attributable to heating. For example, the expenditures included for households that heat primarily with electricity in this report would also include electricity used for appliances and lighting."
So the "$1063" electricity cost includes things like lights, fridge, oven, etc. And the "$601" amount from NatGas does not include any electricity costs. Last I checked, I have to pay both a NatGas and an Electricity bill.
You're comparing two completely different values and either deliberately deceiving your readers, or you didn't take the time to actually read and understand the data you were looking at.
The "Green" energy agenda is Red underneath. The goal of the elites is to destroy America's standard of living.
If you compare *heat pumps* to natural gas, you get a very different answer. The costs are comparable because heat pumps are incredibly efficient. Standard electric resistance hearing is about ~75% less efficient, and skews the "average." https://www.efficiencymaine.com/at-home/heating-cost-comparison/
If one must use electricity instead of hydrocarbon fuels then the following web page might present part of the solution to the problem.
So we’re spending $Trillions to produce more expensive, less reliable energy. Makes sense.
Will the cancellation affect Nuscale's partnership with ENTRA1 Energy?
Likely the greatest threat to the common man are hysteria pimping NGOs and their progressive (illiberal) allied oligarchs. At best they are misguided lobbyists and at worst, actual Bond villains. They were responsible for stalling nuclear power development for the last half century and essentially criminalizing it with regulatory purgatory. Today, if they aren't actively seeking to eliminate high density energy usage based on climate hysteria, they are likely scheming to eliminate the personal automobile, maintain poverty in the developing world and here, revert to pre-industrial squalor in a grand attempt to depopulate the planet. They operate in a seemingly independent fashion from their allied Jacobins and Bolsheviks infesting the captured institutions after the long march. They have succeeded because they have coincided with or as a result of the point of Tytler cycle in which we find ourselves (prosperity, apathy and dependency rapidly approaching bankruptcy and dictatorship).
With elections approaching, I tend to think those running for office will temporarily try to solve the higher energy costs of their constituents by proposing “help”, in whatever form possible, if said politician needs those votes.
One thing I feel certain if and that is that gen z young people and younger millennials as a group who have stable jobs that earn a solid income worry less about monthly inflow and outflow of cash than older generations. Urban chattering classes live far from the mantras about spending what you have, knowing where money goes and saving for retirement or for safety. And since they seem to be the most outspoken people with any political power around, these numbers fall on deaf ears. The combination of a belief in free everything for everyone who wants it combined with a general ennui due life's apparent meaninglessness outside of activism means we will continue electrifying our economy. My kingdom for some old fashioned economic values and a desire to help our common man and woman
The “Iron Law of Electricity” proves to be right again!
How come residential natural gas costs about $14 per mmbtu when Henry Hub trades at about $3-4? Are distribution costs that high?
Question, Should we fight for NU scale and alike, Seems to me that it is well justified, Input , please !!