Green or green washing?

[V8Ian]

Convenient maybe, but economical, no.

https://youtu.be/iOVg62_DUYU

[NavyDiver]

BHP "Australian uranium is sold for nuclear power generation only, a low emissions source of electricity. Therefore, also for illustrative purposes, we have measured all revenue from uranium as green revenue. For FY2022, BHP’s green revenue from uranium was US$207 million, which is a decrease of 17 per cent on FY2021."

Green Washing is price for U308 has doubled and BHP sold only to the spot market ! This could be in Grumpy old buggers[biggrin]

[NavyDiver]

Unsupported browser (https://open.spotify.com/episode/5PX4Mx6muKRyb8JQtpFhZI'si=ad672c5a8f73470c)Power supply chain input unsecured or in high risk ESG areas[bigwhistle][bigwhistle]


Germany has been very very lucky so far!
"A grid operator in southwest Germany asked users to reduce electricity demand on Friday to help balance the network.

TransnetBW GmBH posted an orange alert on its app asking consumers to save electricity starting at 8 p.m. until 10 p.m. local time. The operator also requested power imports to increase supplies and offset a bottleneck created by large volumes of wind generation trying to access the grid in the north.
The alert of the StromGedacht app does not signal that power cuts are imminent, said the regional grid operator in an emailed statement. “But it does signal that TransnetBW must do more than usual to keep the power grid stable.”


Not a happy mix I think!


(https://open.spotify.com/episode/5PX4Mx6muKRyb8JQtpFhZI'si=ad672c5a8f73470c)

[3toes]

Germany is suffering what many countries are suffering with electricity generation. It has become a political football rather than a rational decision. As a result no political party will make a decision as what ever they do will upset one of the vested interests

[NavyDiver]

"announcement that Equinor, Air Liquide, and Eviny were completely abandoning their Norwegian green hydrogen shipping fuel project (https://www.hydrogeninsight.com/transport/equinor-and-air-liquide-permanently-scrap-landmark-liquified-hydrogen-shipping-project-after-failing-to-attract-customers-in-two-years/2-1-1415977). They had a site picked out next to an Equinor refinery where they were going to build an electrolysis plant and manufacture six tons of liquified hydrogen a day.
At about 50 MWh per ton of hydrogen for electrolysis, that’s about 300 MWh per day. And at about a third of the energy in the hydrogen to liquify it, that’s another 67 MWh or so. Add in energy for everything else in the facility and let’s call it around 380 MWh per day. That would have been about 140 GWh per year, assuming fairly constant production. The electrolyzer itself would have been in the 12.5-20 MW range depending on utilization.
They’d have been paying industrial prices for major users, about $58 USD per MWh (https://www.statista.com/statistics/595859/electricity-industry-price-norway/) at average rates over the past 15 years. That covers multiple generation sources, transmission, firming, and regulatory prices. That would have been about $8 million annually, just for electricity. That’s about $3,700 per ton of liquid H2, or about $3.70 per kg. This cost of electricity isn’t going to go down. It’s already among the lowest rates for electricity that exist or even can exist until late stage grid decarbonization with massive amounts of renewables, HVDC, and storage having mostly been amortized. That’s 2100 or so, and can safely be ignored.
That’s just operational costs, by the way. Assuming an 80% utilization factor, the electrolyzer would be in the 16 MW range. As the IEA dryly notes (https://www.iea.org/reports/electrolysers), “CAPEX requirements are currently in the range of USD 500-1 400/kWe for alkaline electrolysers and USD 1 100-1 800/kWe for PEM electrolysers, while estimates for solid oxide electrolyser cell (SOEC) electrolysers range across USD 2 800-5 600/kWe.” Assuming the lower end of this range, let’s take $1,200 per kWe, suggesting an electrolyzer only CAPEX of about $19 million. Amortizing that over a few years adds perhaps $4 million per year, making the cost of the hydrogen about 50% higher, in the range of $5,600 per ton. It’s quite probable that electrolyzers will get cheaper, but they won’t be coming in every box of Cracker Jacks.

"

Lots of hype and then the suckers get burnt!

Some amazing tech and projects. Care is required on what is spin and what is reality!

it is all about the real cost not just the imagination[bigrolf]
Another Hydrogen For Energy Play Predictably Fails, This Time In Marine Fueling - CleanTechnica (https://cleantechnica.com/2023/03/16/another-hydrogen-for-energy-play-predictably-fails-this-time-in-marine-fueling/)

[NavyDiver]

If it smells like a duck- quacks like a duck it ......

"The researchers looked into how many green claims an Australian sees on an average day, online, offline, at the shops or on public transport.

They saw an average of 122 green claims across 17 sectors in a 24-hour period, but they also found that only 31 per cent of those claims had any supporting evidence or verification. A lot of them just weren't any good"


ASIC in the mix "ASIC has alleged that Mercer Superannuation misled their customers with how they represented their sustainable investment options."


Of interest how much will it cost the wafflers? "Last year, the US financial regulator, the Securities and Exchange Commission, fined two financial institutions (https://www.ft.com/content/ff0097c4-3f1c-49d8-8189-153fc56aeeb3) millions of dollars for making similarly misleading representations. "


Why corporate regulators such as ASIC and the ACCC are taking greenwashing more seriously - ABC News (https://www.abc.net.au/news/2023-04-01/how-bad-is-greenwashing-in-australia-and-whats-being-done/102149056?utm_campaign=abc_news_web&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web)

[Arapiles]

"announcement that Equinor, Air Liquide, and Eviny were completely abandoning their Norwegian green hydrogen shipping fuel project (https://www.hydrogeninsight.com/transport/equinor-and-air-liquide-permanently-scrap-landmark-liquified-hydrogen-shipping-project-after-failing-to-attract-customers-in-two-years/2-1-1415977). They had a site picked out next to an Equinor refinery where they were going to build an electrolysis plant and manufacture six tons of liquified hydrogen a day.
.......
Lots of hype and then the suckers get burnt!

Some amazing tech and projects. Care is required on what is spin and what is reality!

it is all about the real cost not just the imagination[bigrolf]
Another Hydrogen For Energy Play Predictably Fails, This Time In Marine Fueling - CleanTechnica (https://cleantechnica.com/2023/03/16/another-hydrogen-for-energy-play-predictably-fails-this-time-in-marine-fueling/)

But they didn't go ahead with it, so they didn't get burnt: if the numbers don't stack up these projects don't proceed.

[NavyDiver]

But they didn't go ahead with it, so they didn't get burnt: if the numbers don't stack up these projects don't proceed.

Yes and no- Millions of shareholders invested in the hype lost money [bigwhistle]

[NavyDiver]

I love this topic- German shutting fantastic c02 free power already paid for and able to work for almost 100 years is my oddity of the century.

Now the UK with money actually costing has found several years dreams are not economically viable 28 billion green washing. Rachel Reeves waters down Labour PS28bn green projects pledge - BBC News (https://www.bbc.com/news/uk-politics-65853872)

Bo Jo resigned bo hoo, no more fun in UK politics perhaps[bighmmm]

[NavyDiver]

https://static.dw.com/image/63748107_1004.webp
https://www.dw.com/en/germany-greenhouse-gas-emissions-progress/a-66082833 (https://www.dw.com/en/germany-greenhouse-gas-emissions-progress/a-66082833)

Germany - The perfect example of what not to do!

"The German government plans to scrap a key clause in its climate law that binds ministries to slash carbon pollution (https://www.dw.com/en/un-report-drives-home-insufficient-global-climate-action/a-65032592) in the areas they control.
The country is currently obliged by national law to cut greenhouse gas pollution 65% from 1990 levels by the end of the decade, with yearly targets for each sector — power, buildings, transport, industry, agriculture and waste.
"


[NavyDiver]

Federal government to spend $70 million on Newcastle 'hydrogen hub' that will power Orica
"The Hunter [region] has powered Australia for many generations," he said.
"It will power Australia for many generations to come, just that power will change."
The hub is expected to produce 5,500 tonnes of hydrogen each year and create about 100 jobs.
Origin Energy has partnered with explosive manufacturing company Orica to deliver the Hunter Valley hydrogen hub.
Orica chief executive Sanjeev Gandhi said most of the hydrogen would be used at the company's ammonia and ammonium nitrate facility on Kooragang Island to help make their products emission-free.
"This particular site is one of the largest consumers of gas in New South Wales," he said.
"

Great to see Orica moving. The scale required to replace its use of its reported "2014, Orica used a total of 22.6 million
gigajoules (M GJ) of energy, compared to 23.1 M GJ the previous year" LINK (https://www.bing.com/ck/a?!&&p=09f8b9bc063ec9b3JmltdHM9MTY4OTIwNjQwMCZpZ3VpZD0w YzI2OGJiNi1lZjE0LTY4NWQtMDZlOC04MDFiZWVhMjY5ZGUmaW 5zaWQ9NTQ0Ng&ptn=3&hsh=3&fclid=0c268bb6-ef14-685d-06e8-801beea269de&psq=Orica+gas+use&u=a1aHR0cHM6Ly93d3cub3JpY2EuY29tL0FydGljbGVEb2N1bW VudHMvMTM4My8yMDE0X09yaWNhX1N1c3RhaW5hYmlsaXR5LVJl cG9ydF8zLjJfRW5lcmd5LUdyZWVuaG91c2UtR2FzLUVtaXNzaW 9ucy5wZGYuYXNweCM6fjp0ZXh0PUF0JTIwT3JpY2ElRTIlODAl OTlzJTIwbWFudWZhY3R1cmluZyUyMGZhY2lsaXRpZXMlMkMlMj BnYXMlMjBhbmQlMjBsaXF1aWQlMjBmdWVscyxveGlkZSUyMCUy OE4yTyUyOSUyMGVtaXNzaW9ucyUyMGZyb20lMjBpdHMlMjBuaX RyaWMlMjBhY2lkJTIwcGxhbnRzLg&ntb=1)
this was made up of

Natural gas – Ammonia feedstock 35%
Natural gas – Used as fuel 28%
Other 18%
Electricity 9%
Natural gas – Sodium cyanide feedstock 6%
Diesel oil – Product feedstock 4%

My quick estimate by google is One Tonne of hydron "Delivers about 33 MWh when measured in tonnes." The planned 5500 tonnes PA is not even a scratch of the scale required! Another factor is the scale and costs.


"
Pathway to exports
Mr Bowen said the project also aimed to establish a pathway to export renewable hydrogen.
"This project is the next step towards using locally produced renewable hydrogen in Australia to reduce our industrial emissions and develop a renewable export future," Mr Bowen said
"

Orica could use 100 X the 5500 tonnes PA and still need more hydrogen/ammonia . All from wind and solar might be a bit of a dream? Happily I Large scale option via Hazer Process that will enable us to use Green wind and solar for our homes and industry far more efficiently.

[NavyDiver]

How embarrassing for Denmark (and Germany) Wind, solar and green is a part of their Power and they are burning millions of tonnes of "Biomass" for power.

The Kyoto protocol accounts for the C02 from the source of the Biomass not were it is "BURNT'

Almost all of the wood burnt for electricity in the EU comes from out side the EU. Lots from North Americas. South America, Africa and Asia! (and Baltic countries)


Denmark's power is claimed to be green and mostly from wind - Biomass, Coal and.... Claims "In 2022, around 15 percent of Denmark's electricity production was derived from fossil fuel" It does not include the 23% BIOMASS burning (https://www.statista.com/statistics/1235360/denmark-distribution-of-electricity-production-by-source/)

That mean EU burns masses of BIOMASS yet doesn't count the Emissions! ( Example below is Denmark)

Listen | Decouple Podcast (https://www.decouplemedia.org/podcast/episode/3964ed6a/gone-with-the-wind-denmarks-stalled-energy-transition)

[NavyDiver]

"Green Energy Act, 2009, that led to the disastrous feed-in-tariff program and skyrocketing electricity rates for Ontario families."


The few cents I get for the Feed in Tarrifs here is fine with me. Except I cannot buy my own power at another place only a few km away for the same price yet!!!!![bighmmm]


Germany has gone down the same rabbit hole. Ontario wiped the slate clean and is "Plans to expand existing plant and add three small modular reactors to a site where another already being built"

Oddly I see that is very Green myself.

[NavyDiver]

"(Reuters) - Government targets to increase wind power installations would see annual capacity additions reach 80 gigawatts (GW) per year by 2030, requiring $100 billion in secured investment in the supply chain by 2026, Wood Mackenzie said in a report.The research and consultancy firm forecast annual capacity is more likely to increase by 30 gigawatts (GW) a year by 2030, which would require $27 billion of secured investment by 2026.
"The supply chain is struggling to scale up and will be an impediment to achieving decarbonisation targets if change does not happen," said Chris Seiple, vice chair, power and renewables at Wood Mackenzie.
"Nearly 80 GW of annual installations to meet all government targets is not realistic, even achieving our forecasted 30 GW in additions will prove unrealistic if there isn't immediate investment in the supply chain," Seiple said."

There is dreamers here in Australia as well [bigwhistle][bigwhistle][bigwhistle][bigwhistle][bigwhistle][bigwhistle]

[NavyDiver]

Poor German Greens[bigwhistle][bigwhistle]

"Annalena Baerbock, who is a Greens member of the ruling three-party coalition, was twice turned back in mid-air after her government A340 failed to retract landing flaps shortly after taking off from Abu Dhabi for Australia last Monday and Tuesday. German journalist Patrick Deikmann, who was part of the entourage, stated the plane had tried to take off three times from Abu Dhabi, where the aircraft landed to refuel, in a debacle he simply labelled as 'embarrassing'.
On the two occasions the plane took off, the plane encountered problems with the retraction of the landing flaps and meant the plane had to be landed quickly.
The aircraft was too heavy to land back in Abu Dhabi safely until around 80,000 litres of fuel was jettisoned on each occasion.
[B]Ms Baerbock, who has touted banning Germans from domestic flights to lower CO2 greenhouse gas emissions, .......[bigwhistle][bigwhistle][bigwhistle][bigwhistle][bigwhistle][bigwhistle]

[NavyDiver]

"The Australian Energy Market Operator (AEMO) has delivered a gloomier outlook on the decade ahead in its latest market forecasts, warning the situation had worsened since its last update in February.It warns in particular of potential reliability problems in South Australia and Victoria this coming summer, with Victoria's expected to last throughout the decade ahead.
It calls for "imminent and urgent investment", arguing without action "the reliability of the National Electricity Market (NEM)" will be at risk."

Above is not greenwashing, Claims "She'll be right mate" are

We need more clean power faster. Net Zero: Australia's Path to a Clean Energy Future | Global Australia (https://www.globalaustralia.gov.au/industries/net-zero#:~:text=In%202021%2C%20renewables%20productio n%20increased%2010%20per%20cent%2C,total%20electri city%20generation%20%E2%80%93%20the%20highest%20on %20record.)


Facts and figures about excess solar and wind at times are Greenwashing. I love solar and wind. We can never have too much unless its is on some people's farms or in some nice places. If it's built in someone else's farm or fishing place its ok of course[bighmmm][bighmmm][bighmmm]

[NavyDiver]

This is cool - I think it is Greenwashing

"Auniversity study will investigate what incentives could persuade electric car owners to power their vehicles during peak solar times to supercharge their environmental benefits.The University of Queensland (UQ) on Wednesday unveiled plans for the study, building on its existing research into charging behaviour and the impact of battery-powered vehicles on the electricity grid.
Australia has more than 130,000 electric cars on local roads, according to the Electric Vehicle Council, but that number is expected to reach more than 180,000 by the end of the year."

Honestly every EV charge is via the cheapest means. Time it to Off peak if on Grid, Use Solar PV at home or work. The UQ study to time shift solar to night time is almost funny!

Power to Grid via time shifting excess Solar/wind using EV car batteries leaving the car in a lower state of charge may work for a few people!

Timing is everything. Home/work storage might make a bit of money for some via companies called "Aggregators"
"The AEMC said homes set up with rooftop solar and storage will be able to sign up with “aggregator” businesses, which trade in the bundled-up capacity of many different energy users, and will pay for using home batteries when needed.
AEMC chair Anna Collyer says the reforms acknowledge that the national energy market is no longer one-way."

That type of business model makes a LOT of sense. Some people will make money and the rest of us will pay for it of course!

EDIT link to making money yarn (https://thenewdaily.com.au/finance/consumer/2021/07/15/households-battery-storage/)