Note from Irina Slav - May 16

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Note from Irina Slav - May 16

Post by dan_s »

Headline: Hot weather and high demand to pressure US power grid this summer, FERC says

Projected searing temperatures across the U.S. and the proliferation of data centers are expected to send electricity consumption to a four-year high this summer, testing the grid and pushing up power prices.

"Well, FERC is being honest, at least, and rather straightforward, saying that “A shrinking pool of around-the-clock power plants, which are retiring to make way for cleaner energy sources, will further pressure the electrical system. It’s quite refreshing.
Unlike FERC, the UK’s Ofgem sees zero problems with attempts to replace baseload generation with weather-dependent eyesores. Even better, it’s making an effort to accelerate the eyesores’ proliferation." - Irina Slav

Irina Slav is one of the smartest people that writes for OilPrice.com. See covers what's happening in Europe and she "gets" how the Climate Change Whacko's energy plan is screwing up European power grids. Making it very expensive to live in the UK.
Dan Steffens
Energy Prospectus Group
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