And Now, the Really Big Coal Plants Begin to Close - GoHaynesvilleShale.com2024-03-29T08:59:21Zhttps://gohaynesvilleshale.com/forum/topics/and-now-the-really-big-coal-plants-begin-to-close?commentId=2117179%3AComment%3A3849342&xg_source=activity&feed=yes&xn_auth=noPoor Texas electric service p…tag:gohaynesvilleshale.com,2019-08-19:2117179:Comment:38498942019-08-19T22:28:48.267ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Poor Texas electric service providers, seems their "<span>expectations of a lucrative heat wave had declined." Never seen "lucrative" and "heat wave" used in the same sentence. Are all their investors pulling for a warming planet? More heat, more lucre. Is anyone checking their emissions? Just a thought. :-)</span></p>
<p></p>
<p>Poor Texas electric service providers, seems their "<span>expectations of a lucrative heat wave had declined." Never seen "lucrative" and "heat wave" used in the same sentence. Are all their investors pulling for a warming planet? More heat, more lucre. Is anyone checking their emissions? Just a thought. :-)</span></p>
<p></p> https://www.bloomberg.com/opi…tag:gohaynesvilleshale.com,2019-08-19:2117179:Comment:38498112019-08-19T22:19:58.291Zdbobhttps://gohaynesvilleshale.com/profile/dbob
<p><a href="https://www.bloomberg.com/opinion/articles/2019-08-19/the-texas-power-casino-pays-off-for-now">https://www.bloomberg.com/opinion/articles/2019-08-19/the-texas-power-casino-pays-off-for-now</a></p>
<p></p>
<p>an opinion piece, FWIW. </p>
<p></p>
<p><span>Yet the game is changing at a broader level. Texas, like so many other power markets, is undergoing a transition. In addition to wind power, …</span></p>
<p><a href="https://www.bloomberg.com/opinion/articles/2019-08-19/the-texas-power-casino-pays-off-for-now">https://www.bloomberg.com/opinion/articles/2019-08-19/the-texas-power-casino-pays-off-for-now</a></p>
<p></p>
<p>an opinion piece, FWIW. </p>
<p></p>
<p><span>Yet the game is changing at a broader level. Texas, like so many other power markets, is undergoing a transition. In addition to wind power, </span><a href="https://www.bloomberg.com/opinion/articles/2019-07-18/why-a-u-s-heat-wave-won-t-boost-natural-gas-prices" target="_blank" rel="noopener">cheap shale gas</a><span> pushes down on power prices while rising demand and the </span><a href="https://www.bloomberg.com/opinion/articles/2017-12-20/ercot-reserve-margin-texas-power-s-gift-to-itself" target="_blank" rel="noopener">retirement of older thermal power plants</a><span> offer support. Even if solar power has been slow to take hold, and reserve margins remain low, the Texas power market represents a gamble. After all, last week’s spike came after a months-long slump in power futures as expectations of a lucrative heat wave had declined. Similarly, while 2018’s summer was a hot one, there were no big price spikes that year. This is one reason, even with near-term reserve margins looking tight, </span><a href="https://www.bloomberg.com/opinion/articles/2019-08-13/energy-stocks-the-dumb-money-may-be-wising-up" target="_blank" rel="noopener">investors have been reluctant to price that fully into generator stocks</a><span>. It is also why, even with the prospect of markets remaining tight, there will be no wave of construction in big conventional plants. <strong>Solar’s quick lead times and the ability to scale up alongside demand is a structural advantage. </strong><em>emphasis added</em></span></p> Seems there is a lot of that…tag:gohaynesvilleshale.com,2019-08-18:2117179:Comment:38495162019-08-18T21:07:43.039ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Seems there is a lot of that going around. Hope you had an enjoyable trip.</p>
<p></p>
<p>Seems there is a lot of that going around. Hope you had an enjoyable trip.</p>
<p></p> I was just there a couple of…tag:gohaynesvilleshale.com,2019-08-18:2117179:Comment:38493422019-08-18T20:58:45.085Zolddog573https://gohaynesvilleshale.com/profile/olddog573
<p>I was just there a couple of weeks ago. Our tour guide for Antelope Canyon said it was shutting down because the tribal council decided it was too expensive to operate.</p>
<p>I was just there a couple of weeks ago. Our tour guide for Antelope Canyon said it was shutting down because the tribal council decided it was too expensive to operate.</p>