Posts

Showing posts with the label Renewable Energy

Can't Be More Funnier Than This... Or Can It?!

Image
(depiction of the total area occupied by DBWF) Dogger Bank Wind Farm (DBWF) Building the world's largest offshore wind farm   Dogger Bank A is around 515km² in size and is 131km from shore at its closest point. Dogger Bank B is the largest in area with a size of 599km² and is also 131km from shore at its nearest point. The electricity from both will come ashore via subsea cables at Ulrome, in the East Riding area of Yorkshire, connecting to underground cables for a further 30km to the Creyke Beck substation near Cottingham, where the electricity will join the national grid. Dogger Bank C is around 560km² in size and at its closest point is 196km from shore. The project will connect to the national grid at the existing Lackenby Substation in Teesside. "Europe Unveils Ambitious Wind Power Package By Felicity Bradstock - Oct 15, 2023, Dogger Bank, now the world's largest offshore wind farm, has begun operations, promising to power up to 6 million homes once fully operational.

The loss of Ukraine is the beginning of the end

Image
  The loss of Ukraine is the beginning of the end “On the eve of the collapse of the Roman Empire, silver coins were so impure and depreciated that whole bags of it were used in circulation.” laughlyn (johan eddebo) All of this is about energy and resources. Capital is nothing but a proxy for goods, services, and the fundamentals of our means of production. Depreciation of the currency is a short-term solution to resource scarcities by externalizing them through exploiting the perceived value of a trusted medium of exchange. This is exactly why we have runaway inflation right now. Energy is the single most important resource, bar none. All forms of economic activity is predicated on available surplus energy as per the laws of thermodynamics. Before the covid situation, Europe and the US each consumed about 20 million barrels of oil per day, totaling around 40 million barrels of oil. Every single day. The shortfall in petroleum production before the Ukraine war was about six million bar