10 Comments
Jun 13Liked by Stu Turley

They should shut Diablo canyon down August first. They should also shut down all those gas plants that have been operating on an “ emergency ” basis for four years. That should quickly end the debate about whether there is enough renewable energy to keep the lights on.

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Lee, great point with I think the power for natural gas and nuclear is about 42% range in California. You don't hear that plastered anywhere - and as Futwick points out - ESG is a farce. The State is sadly leading the world in Energy Hypocrisy. Buying oil and gas from China, Russia, Iran, and destroying the rain forest - Very sad.

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Jun 14Liked by Stu Turley

California hit 30% renewables in 2018, two years ahead of schedule. Woo-Hoo. In 2023 - 34% renewables. They are stuck. If you look at the interconnection queue report it is easy to see why. They have applications for hundreds of thousands of MW for wind, solar, batteries, but there is no place left to plug them in. It will cost $100 billion and take 15 years to get to 50%. Nobody cares about cost or rates. The latest scheme to hide the rate issue is to charge rich people more and poor people less. I don’t know how they will determine who is who. Gain access to tax returns? That is easily done since the IRS leaks like a sieve.

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Lee - great job on the numbers - physics and fiscal responsibility matter to the grid.

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Jun 14Liked by Stu Turley

I also pointed out that their use of ESG is quite flawed as they ship liquid fuels from 5 countries while the U.S. using diesel at .8mpg, and do not count the emissions in production and transport, when deciding what high efficiency natural gas to shut.

The “S” in ESG is sadly represented, as likely zero of the people represented by the social justice category bought any of the EVs. And it is quite likely that 100% of the EVs were sold at a loss to the manufacturers. Unsustainable from the simplest of analyses.

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Futwick - I loved the point. Did you see that Ford had to end it's dealership program forcing dealers into the EVs? You can't force the market. "Oil and Love will find a way" - I was talking to Irina Slav Wend and she said that.

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Jun 13Liked by Stu Turley

I met with some regulators, members of CARB and legislators from California about 6 weeks ago in person. There are members of the legislative body, from the left, that admit there is no plan B to achieve lofty and unrealistic objectives, and there isn’t even a plan A.

The super majority in both houses has made aspirations weak, as they are not tested. Almost unanimously the individuals I spoke with use “timeline”, as in “we have a timeline.” I pointed out they are misusing that word, they mean to say “deadline,” and deadlines by definition need timelines. There are no timelines.

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Futwick - send me a DM/ note on LinkedIn / X and lets talk. I would like to hear about your meetings with the regulators.

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Lets see if they really want to go down this road: "Matt Freedman, staff attorney at The Utility Reform Network, said it’s unclear that the plant is needed to keep the lights on especially as more clean energy sources come online."

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Great point - I would like to offer to have Germany, New York and California to be the test spots. No oil/gas or any products made or transported by them.

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