Click here to get a free charger and installation when pre-ordering the G6 xpeng.com.au/?qr=726XPO The best solar company in Australia just installed my new solar system. Check them out here: www.resinc.com.au/electricviking
Another report I read said all of China's coal plants are now running at 40% capacity, or less, and many of them have already shut down/decommissioned, due to lack of need and have aged out. China's planned capacity of new solar, wind, battery storage and small nuclear power plants is mind-boggling and will get them off coal completely, in the next several years.
@@snodgee The coal plants are kept/added to cope with variations of demands and wind/solar powers. The new plants are more efficient and environment friendly, so the overall emission will decrease when they are built to replace the old ones.
Whenever I feel hopeless about the state of the world, I get cheered up by Sam on this channel. This report about China not approving anymore coal plants really made me rejoice. 🥳
@@ngceboshezi7676 Nah, not really. Australia is a non factor in China's decision to move away from coal. Also my understanding is that Australia's coal export to China is mainly used as metallurgical coal for steelmaking, not the regular thermal coal fir power generation. China itself produced the majority of its thermal coal. Clean energy has been China's focus from decades ago. This has nothing to do with Australia.
Americans were licking their chops counting on selling carbon credits to China. Little did they know, China got serious with renewables and busted the Western dream of making China pay for industrialization in the Paris accord. 😂
This shouldn't be a surprise to anybody. China has been shifting to renewable power faster than any other country in the world. This year, China is adding roughly 2x as much renewable power as the rest of the world combined. They've been replacing dirty coal power generation with "clean" peakers and industrial storage to bridge the 'duck curve' as the sun sets while evening demand is still high. China is adding so much renewable power, they are trying to find efficient power sinks to use the daytime excess, hence the big push for EVs which provide the additional benefit of reducing expensive oil imports. By 2030, China's energy profile is going to be radically different from the West.
if you look at the history of energy production and industry this notion of 'replacement' is rather dubious -that is simply not the way things work. usually a new energy source leads to inreased use of existing ones ;)
@@steinbauge4591 The Chinese auto market is currently 50% NEVs. New Energy Vehicles are literally replacing older internal combustion engine vehicles. China is literally idling coal power plants when renewables provide enough power.
@@paulmontague4918 China saw Peak Oil last year, which is why global oil demand is dropping rapidly. China will see Peak Coal this year or next, so China is at or near Peak Carbon. Do you know what "Peak Carbon" means? Can you guess what happens afterward?
@@paulmontague4918Yes. It's because in China only 47% of oil and 53% of gas is being burned even now. The bulk of usage is for the petrochemicals and polymers industries. In other words, Chinese demand for petroleum will not drop. They will simply stop burning the stuff.
I think you are absolutly right with your predictions. The most people think linear, but every disruptive change happens exponentially. Today I am much more positive about our future than 10 years ago, because the change can't be stopped and no fossil junkies and politicians are able to slow it down. Thanks from Austria for your good work and your videos.
America's war hawks kept threatening to blockade the Strait of Malacca to cut China off from oil and grain. Xi took that seriously and pushed food security and energy security via renewables. This year, China will have a record high grain harvest of 700 million metric tons due to strong production and effective mitigation of natural disasters. China is effectively food secure, where imports and exports are in balance. China is rapidly approaching energy security via renewables. Plus, the US pushed Russia into China's arms, forcing Russia to sell gas and food to China after blocking Russian exports to Europe.
Biden and Trump would love to sanction the Sun and to penalize the Sun, by placing a total ban on the Sun to coerce the Sun from shining up again day after day over the sky of China -- well, they wish.
@@kenbehrens5778 , Didn't some human right and democracy leader of the entire galaxy blow up Nord Stream 2 (which is technically not any sanction, but raw and brutal deprivation of fundamental human right to be freed from being frozen to death), with the benign intention to Build Back Better the Federal Republic of Germany into the Neolithic Age when Neanderthals survived perfectly with firewood picked up at the Alps, AND/OR "enlightened" to purchase natural gas at 4X the price they paid, prior to the NS2 blowup, to the Russian Federation, which according to Biden Regime should have been sanctioned into (1) territorially and institutionally fragmented pieces, AND (2) economic abyss?
True.. China by 2030 will question many countries on carbon reduction. China is burning coal till 2030 to stockpile steels for the next 50 years. My opinion.
Every Year 200 GigaWatt Solar. Every Year 250 GigaWatt Wind. Next Year China has 1000 GigaWatt Solar installed. 2000 GigaWatt in 2030. 500 GigaWatt Wind installed now. 2000 GigaWatt Wind installed in 2030. China Government Policy. ❤👍 Thank Again Sam for this video. Health is improving. Clean Air Blue Sky Health Better Life.
@@nytracus9680No, they'll still need it. In China RIGHT NOW only 47% of oil and 53% of gas is burned. The rest go to their massive petrochemicals and polymers industries. Even after all cars turn into EVs in China they will still need all that Russian oil and gas for their industries.
@andrewsuryali8540 I was going to say about petrochemicals but had no clue on numbers or whether they could do that from domestic oil. Regardless, German experience has shown the risks of relying on Russian energy and I totally get why China doesn't want to go that route.
by the end of next year. I will be living on 100% renewable power. panels on my roof and two small wind turbines. My house, office & 2 EVs will run year round, day & night 100% off my own power generation.
Still the worlds largest polluter ,, still generating over half the power using coal ,, swapped a lot of cleaner Australian black coal to burn the extra dirty local brown coal.
Western developed countries criticized China's pollution at the UN, China acknowledged and will reduce carbon gradually, where the deadline is 2035 for switching from ICE cars to EVs and 2060 zero carbon in China...
supremacista . china queria que los chinos respiraran aire limpio . aunque fuera para que la gente no se muriera antes de jubilarse , que diria otro supremacista .
@@vec306 lots of sources and old news.... you just type in Google,, if you live in China I don't know what you should use... restrictions on ICE cars in the EU until 2035 and zero carbon EU 2050,,, whereas if you type in China's zero carbon target in 2060....
Having watched China's development for a long time, it has been planned since the early 2000's, that coal would max out in 2025. The fact they are actually there is no surprise given the speed of renewable energy generation in that country. They don't just take it seriously but planned to do something about it.
14 new coal-fired power projects approved in the first six months of 2024 by China for a total capacity of 10.34 GW. China's National Development and Reform Commission (NDRC) has flagged that at least 200 GW of coal capacity is expected to be deployed to support renewable power. Doesn't seem to meet up with closing down coal in the near future?
@@johnd87That's half the story. I actually work with China Huadian. Under current policy, any coal plant not able to hit 35% total plant efficiency will have to close in 2 years. Huadian HAS SHUT DOWN 50 GW of coal generation as of this year. They're number 4 of the Big5 power generation companies, although admittedly their plants are older. However, if their numbers are similar to the others, it may be that at least 200 GW of coal have been shut down or mothballed as of this year. The Huadian people I know are sort of in panic mode because they're now burdened with all the old coal plant workers they'll have to pension off or find new jobs for. They've been scouring Southeast Asia asking companies (because governments aren't interested) if maybe someone's interested in a captive plant for their industrial park or something. Basically trying to sell off 50 GW of generating capacity abroad, with no success. All the new approved plants are 40% or above in plant efficiency and have some of the fastest ramp rates possible with current technology.
China is moving super fast on green energy! Almost half of the cars on China's road were EVs, not to mention China had the world highest concentration high speed rail, a very efficient mode of transport on energy consumption.
A few misunderstandings here. Two thirds of Australias coal exports are for coking coal not power generation. Coking coal is mainly used for the reduction of iron ore to make steel, as well as production of cement and as a source of high grade industrial heat for a variety of processes from making chemicals to bricks. At present there is no easy replacement for coking coal. In steel making for example hydrogen has been considered as a reducing agent but has issues for steel quality (steel via that process isnt as strong). China also has a substantial amount of hydro power and potential for pumped storage. For example, the output of the Three Gorges hydro power station on its own, is equivalent to seven large nuclear power stations. That would be sufficient to entirely power Australia at current levels of demand.
And big plans are already underway in the Pilbara ,,, make green steel on site ,, American support for that to economically effect China and European support because they are willing to pay more for green steel. Interesting to see how that pans out
Not only that but coal mining in Australia only provides around 30,000 jobs in total which is less than 0.2% of employment. It isn’t a major employer and everyone in it knows that it is decline anyway.
Thank you , you have answered my question about uses for coal other than power stations. So the impact on the Australian coal industry is not discussed in this video.
China has long required old coal power stations to be shut down for each new coal power plants. The new plants are supercritical thermal plants and use 40 to 45 % less coal than the old plants to produce the same amount of electricity. The new plants also have pollution control equipment, scrubbers, etc and located away from the cities
Exactly. The West loves to talk about China adding new plants, but never mentions that they're removing old plants, or that the new ones are vastly more efficient, cleaner, with lower usage rates and high idle times.
7:30 China has the world's fourth-largest coal reserves, after the United States, Russia, and Australia. China's coal reserves are estimated at 143 billion tonnes, which is about 13% of the world's total. This is enough to last for about 35 years at current consumption rates. China produces most of the thermal coal (both black and brown coal) it burns, but imports coking coal to make high quality steel.
The stone age didn’t end because of lack of stones. With solar and wind you can make green hydrogen needed to make “clean” steel with no coal needed. China won’t do this solely for the enviroment / climate change. But they sure will do so if it is cheaper to produce. Than it will be game over for the coal industry !
I think that new technology and safety health /climate concerns will see much of this coal stay in the ground. Just because they are 'reserves' doesn't mean they have to be or will be used.
Now the restrictions on Newcastle port have been lifted they will be OK. (For those who don't know a corrupt deal was done to prevent the port setting up in competition with any other port - so nothing but coal).
He not no what he talk about coal is not go away for a very long time the US will go back to coal they need energy you can not make anything with out energy look at Germany they need more coal and Africa and India South America they will need energy and the faster way to get energy is coal listen to the Investment experts and the very rich are all buy coal and oil they not what go on people should not put out things without doing research
Great info Viking. Luv it. Just back from the Rising Tide blockade in your town, Newcastle Australia, to help accelerate Coals demise, that is enviable because of the future Circular Economy. Of course I drove in the Tesla to the amazing event.
Once the Oxford hybrid panels become commonplace the efficiency will be doubled overnight. Can’t wait to get some and replace my 22 panels that I currently have.
@@autohmae " Dr Shuaifeng Hu, Post Doctoral Fellow at Oxford University Physics. ‘We believe that, over time, this approach could enable the photovoltaic devices to achieve far greater efficiencies, exceeding 45%.’ Current panels are at 22% or lower. Double may be a very slight understatement.
@@autohmae The statement about efficiency is his, not mine!! Let's not forget, they are the experts.. who have been working on developing the product for years. I agree things work different in the lab, but that also means they could have efficiencies greater than what he stated as well... it goes both ways.
@@tonespeaks Only thing I'm saying is, real world might be slightly less, probably not much less. Either way, I'm happy to see them deliver, they seem to be ahead of the curve. Which is great to see and I hope they do well
Coal is disappearing in Australia. It’s very unlikely there will be any coal plants operating in 15 years. Cost of energy storage is the key to coal removal worldwide
I live in Upstate New York (snow belt). Solar farms are going up everywhere even though we sit on natural gas nearly everywhere. Much of the gas is being exported.
China is projected to peak its coal consumption by 2025 at around 4 billion tons (about half of the world’s consumption). So even at an aggressive annual 20% year to year consumption decrease, there will still be quite a lot of coal demand for the next 5 or even 10 years.
Indian is go big in to coal the problem with this guy he not do the best research into other things and make comments and coal is easy energy to build and get your get Africa other Asian countries US and more country US coal in 2022 best performing investment was coal a US company did a over 100x in 1 year so coal is not going no place for a very long time.
eh horse carriage makers lost their jobs to cars and same goes throughout history when better technology comes about, shouldn't mean we stick with the old. Govts need to pre empt it otherwise its solely a failure on their part
It is unfortunate, but things have to move one. I don't think it's as bad as all coal workers will just be permanently unemployed. As this video warns, coal workers need to use the time to find new employment or other opportunities. This is the same for so many of us around the world whether they work in coal or not. Also, look at the people living around 100 miles of a coal power plant are suffering health effects, so that makes up for a lot of it locally in terms of healthier life and less medical bills. The closure of coal power plants transitions us away from the dirtiest most carbon intensive power source which helps every citizen of the planet. The needs of the many outweigh the needs of the few.
Hi, love your stuff. But do remember, the most important use of Aussie coal is for making steel. It’s the best coking coal in the world, wasted in power stations. Best wishes.
As a former coal miner I used to be a bit agnostic on climate change and renewables.. at 40 years old I decided to better myself by studing mining engineering, it exposed me to atmospherics , physics and gases, I quick changed my position on climate change.. Unfortunately I’m old enough to remember the disinformation campaign run by tobacco companies when the tobacco industry came under more scrutiny…the minerals council of Australia is now the modern version of “Big Tobacco”., oil and mining companies in the states are the same and using the same playbook to stoke fear through misinformation.l geo politics and neoCons are forcing inaction on climate change in the developed nations and will do so for a long time..the outcome of this will be BRICS (and its affiliate’s) will overtake the G7 & G30 as the economic leaders on both climate change and monetary policy, resulting in them becoming the economic global power base and western countries inevitably falling behind with little prospect of regaining our former positions as world leaders..
I'm an engineer who's worked in both our manufacturing and mining industries. I left manufacturing because I could see it was doomed. As far as electric Viking goes. I hate to slam someone but this guy gets a lot of his basic technical facts wrong. I have tried helping him out and found he's like most RUclipsrs only interested in clicks. I consider him just another clown in a field of clowns. While the thermal coal industry is doomed because we just can't keep burning the stuff the coking coal industry isn't going anywhere because we still need steel. No matter what you've heard the green steel thing is mostly myth. You can't use hydrogen instead of coal because you end up with garbage that's too brittle to use for anything. But that's NOT Australia's real problem. I did a small consulting job in 2016 and was stunned to find out how bad our energy plans were. 8 years later they are still a joke. The source of the problem is AEMO and that pack of clowns (mostly economists) need to be sacked and I am serious on that. *The actual problem is we need to replace our older power stations and upgrade the grid anyway.* The whole energy transition was always going to happen for the very simple reason that THINGS WEAR OUT. No matter how well anything is built and no matter how good the maintenance is eventually everything wears out. Power stations and energy grids are no different. It took me a couple of years listening to some fairly smart people to work out why economists have this insane need to be involved in things they have no training in or understanding of and its quite simple. *Economists consider everyone else is a problem that they have to manage.* They really do see you, me and everyone else as a problem. Even crazier is they have done it all across the developed world and until we can get them out of the road NOTHING anyone wants to do can happen. And its not just energy they have gotten into health care, education and everything else they can get into. That's why there's so much frustration with governments. No matter who anyone elects the economists step in and interfere because in their minds we only elect problems and they have to manage them. In Australia we need to replace over 30GW of older power BECAUSE ITS OLD with new and more power to feed a growing population as well as upgrade the grid to handle that new power. Unfortunately we have this group of clowns who wont get out of the way and clowns like Electric Viking who add to the noise and confusion.
Gidday Sam! Have you heard of Canyon Solar? Aussie company who put up solar car parks. It's all pre fab in the southern highlands of NSW. 1 double row is up and running, about 50 cars, it wasn't there 2weeks ago, at Wests Illawarra leagues club. There are a couple in Newcastle you can check out. CSIRO new energy dept with 10 22kw chargers and a Woolies somewhere. Oh Wests Illawarra is in Wollongong
Someone posted elsewhere that they were paying 65c per kilowatt-hour in australia. That would explain why it's so cost-effective to build the solar systems. I'm paying 13 cents per kilowatt hour. It just doesn't make financial sense to buy these systems yet in my case.
surely no one will pay $65 per kilowatt hour in Australia. If it would be like that it would be even effective to have a simple diesel powered generator in every house.
@@thorblau7943 I meant 65 cents per kilowatt hour. Voice typing apparently put in a helpful $ sign for me automatically. Which is ironic because when I *say* 65 dollars, it never includes the $ sign.
I seriously worry about a lot of CEO's and politicians lack of imagination, and as you say, they are making investments and policy on what worked in the past. Some of it is an understandable reluctance to ditch dirty assets, then commit new investment to clean technology. But i'm convinced that a lot of decision makers are simply incapable of imagining something that isn't already in front of them.
Hah! I thought I recognised it - 5:28 - that's Ratcliffe-on-Soar Power Station in Nottingham (UK). My business supplied it with kit since it was built (1963, commissioned 1968) and it's sad it has now been decommissioned.
I guess it's always bitter sweet to see the end of an era, but the closure of the last British coal fired power station is more sweet than bitter to me.
@@philiptaylor7902 I don't disagree it's a good thing, however it should be noted this station was fairly advanced and used FGD so it was cleaner than many. That said, progress is inevitable and after 50 or so years in operation closure was not unexpected. Having been there many times I deeply appreciated the engineering involved and the skills employed in keeping the place going and the lights on.
@@BlackBuck777 To be honest, I'd rather we were still burning coal at Ratcliffe-on-Soar than cutting down virgin forest to burn in Drax. Even the emissions would be lower.
China is still exploring its hydros, despite all the giga watt dams been built in the last 2 decades, 60% of the total in China hydropower is yet to be tapped.
All of the "easy" hydro has been tapped in China. Yes, there's available hydropower, but it's probably not economical for China to develop when renewables and nuclear are more promising for faster effective return on investment.
Australia mines the best steel making coal in the world. Coal cannot be replaced in blast furnace steel making. Bright Future Ahead For Australia’s Steel-Making Met Coal Exports Tania Constable, Chief Executive Officer MCA National 15 October 2018 Australia’s economy, regional jobs and local communities will all benefit from growing demand for our world-class steel-making coal driven by population and economic growth in China and India. A new report from expert industry analysts Commodity Insights on the demand outlook for metallurgical coal to 2030 forecasts that demand is expected to grow by over 95Mt from 275Mt in 2017 to 372Mt in 2030 - equivalent to 2.3% growth or around 7.5Mt per annum. This forecast growth is approximately 56% of current Australian met coal exports, representing a large potential growth opportunity for the sector. Along with a report to the MCA and COAL21 earlier this year on growing demand for thermal (energy) coal, this report counters recent claims that demand for Australian coal will decline over the medium term. Even based on the conservative assumptions used in the Commodity Insights report, this demand growth represents a major opportunity for our world-class coal producers and the Australian economy. Australian met coal from Queensland’s Bowen Basin is the best steel-making coal in the world. We are ideally placed, in terms of high coal quality, proximity to key markets in Asia, reliable supply and infrastructure availability, to share in coal demand growth to 2030 and beyond. This is good news for jobs, regional communities and Australians - who benefit from the royalties and company taxes paid by our met coal producers which fund teachers, nurses, police and other essential services. Australia is the largest global exporter of met coal with our exports growing from 114Mt in 2007 to 147Mt in 2017 in response to strong global demand growth, especially from our largest markets China, India and Japan (which account for about 60% of export volume) along with South Korea, Europe, Brazil and Taiwan. Australia’s strong position in meeting met coal demand growth cannot be taken for granted. The report notes that given competition from other suppliers, we will need to add or expand mines and infrastructure - particularly rail - in a timely fashion to support this growth. Drivers of the growth in met coal demand from India and China include the following: Solid to strong economic growth in India, along with ongoing industrialisation and urbanisation, both of which drive demand for steel. Continued solid steel production growth in China. Population growth in India and China. The inability of domestic met coal production to keep pace with demand in both China and India. The report also notes that there is no suitable replacement for met coal for making steel because of its critical role in the blast furnace process where it acts as a source of heat, a reducing agent for the iron ore and provides permeability to the blast furnace burden.
@@oldbloke204Yeah so let's stick to digging stuff because anything else is too difficult. We rank lower than some African countries in terms of how mixed our economy is. Basically we are economic simpletons.
@@gikigill788 And all that time we let the rest of the world take our stuff for free. WE could have taxed it and set ourselves up for the next 50 years but nooooo.
5:30 Coal plant needs 70% uptime for profits, similar is true of ICE factories... If the gas vehicles slow ~10% the whole factories becomes unprofitable. It can't be smoothly scaled down. Also the amortized cost of ICE factory equipment breaks the math if in 5 years the cars won't get made. So ICE OEMs need to operate at a loss or take big losses.
The final mile is the hardest, today NZ runs 98% renewable (according to transpower ) But minus wind and sun, it’s back to fossils to keep the lights on
Mongolia is a major supplier of coal. There was a report the Chinese government is working with Mongolian government to make it a renewable supplier as coal usage drops.
Perhaps not Unfortunately Coal follows Iron Ore, unless we find a cheaper way to produce steel it’s here to stay. There’s lots of higher quality coal in Mongolia which is closer to the market than Australia
Doesn't matter if it's economics or green policy, they seems to converge in 2024. Besides you don't have to know anything about green policy, in fact you don't have to believe in global warming (or gravity if you don't want to) to see the health and other benefits of reducing fossil fuels.
Yes and no, costs have come down by the pressure to find alternatives to fossil fuels, without that pressure and investment, costs might still be prohibitive.
Some inaccuracies: The use of power station coal is declining as outlined in the article. The use of steel making coal (A significantly different product) is not. China is the worlds largest producer of power station coal. Indonesia, not the West is the worlds largest exporter of power station coal. Australia is the worlds largest exporter of steel making coal. China's coal is in the North, (Manchuria) Her Industries are on the coast in the south. Her Trains run North/South but her huge rivers East/West, it is therefore cheaper to ship by sea rather than by train. Chinese coal has more undesirable by products in it than either Indonesian or Australian coal, she will cut back on the less pure coal first. Your article is correct but over simplified
In WA we are only allowed to export 5Kw. I have a 5Kw inverter and 6.6kW of panels on the roof. That's all they are allowing because they don't have enough grid storage.
A certain amount of Australian coal will still be used for steel production, however, yes dependence on coal for power generation will be significantly reduced. If China is successful in commercialization of small Thorium reactors, we are going to see further reduction of coal plants for electricity generation in third world countries.
But that's what Aussies wanted. Right?. Australia have been criticising China for pollution.. Not environmental friendly.. China listened.. Now Australia complaining?
The only Australians complaining are the coal miners because they want to keep their jobs. They would be better served spending their time gaining the skills necessary to work in the new energy economy.
We're also installing BESS as fast as we can in this country. A quick Google of New BESS installations in Australia and you all will see. There will still be some jobs in coal but only high grade stuff we need to use in steel production
International Energy Agency : from now to 2030, China's renewable energy installed capacity is expected to account for nearly 60% of the world's total installed capacity. By 2030, China will have more than half of the world's renewable energy , and China’s solar energy output is equal to the entire nation’s consumption in the U$.
Imagine if they passed on the savings of production of home batteries ( we’re paying way too much imho ) , heaps more households would be self sufficient basically , that’d cut down the need for massive alternative power generation quite a bit
Batteries aren't the solution, I think compressed air even at 60% efficient because the cost can be 10 times lower than chemical Batteries, the reason is Batterie price growth is linear eje: 1kw 100 dollar 10 KW is 10000 dolar, compres air tank may be 100 dollars for 1 KW but I the tank hold 1000 KW the price per kw drops at les than,,25% or 25 dollar a kw
Economies will still need a lot of carbon from chemical and industrial production. Carbon fiber is increasing common building material and extracting pure carbon or co2 from coal is simple and does not release the same particulate and chemical pollution as open air combustion for electricity. Carbon for synthesized hydrocarbons is also useful for long term or seasonal energy storage and transport of energy over great distances. Less future demand for coal but it will be increasing utilized as a cheaper chemical feedstock material.
Coal power continues to expand in China, despite the government’s pledges and goals. In the first half of 2023, construction was started on 37 gigawatts (GW) of new coal power capacity, 52 GW was permitted, while 41 GW of new projects were announced and 8 GW of previously shelved projects were revived. Of the permitted projects, 10 GW of capacity has already moved to construction. Permitting continued apace in the second quarter and in some provinces, newly permitted power plants are moving rapidly into construction, while in others, developers might be securing permits “just in case” and not hurrying to break ground. Of plants permitted in 2022, about half (52 GW) had started construction by summer 2023.
Australia was always at a disadvantage because Iron ore and Coal are the export backbone that it relies on to survive economically. Now they are no longer needed because of, China has found a way around coal, and they are buying Iron Ore at a cheaper price from another country. Basically, we are stuffed.
Solar panels do not clean themselves and are degraded by dust or pollution. What is the life span of a silicon panel in terms of gradual degradation in performance? I caught a glimpse of a cleaning machine in this clip that was based on a car wash soft roller. It looked very lonely in an ocean of panels but presumably it was robotic....?
Coal use and production hit a record high in 2023 , as did China's CO2 emissions , which are by far the biggest in the world at 32% ..which is bigger than Europe , India and the USA combined.
If that's the case, Japan will be laughing since they can buy coal cheaply since they developed technology to burn coal clean and their 60% of electricity comes from coal burning power station yet their air is so clean!
I heard something about India also expanding its renewable, though not at the same pace as Chuna. They have similar environmental drivers though - poor air quality in the cities. Perhaps Sam could run some items on their progress?
@@michaelr3647 Both can be true, cause the indian energy market still has a massive growth. There are region with no permanant electricity. China is growing much slower, so the renewables are partially replacements for conventional energy production.
@@larryc1616 Developing countries are leapfrogging into green tech because China makes it affordable and fast. They are installing new micro grids using Chinese solar tech for immediate results. EVs can be powered locally, rather than importing expensive petrol.
Hey mate! You forgot there's a country called India. They will replace China for our coal! ScoMo said India will replace China for our exports, including wine, seafood, and meat.
Australia upset china. so china vamped up renewable energy to give Australia an f u. 😂😂😂 Australians were laughing at china not long ago when china bought some coal.
Over a decade ago the largest power company in China, after finishing a major round of coal plants, announced they were now required to become dual fuel. The second fuel was to be refined coal to something more like gasoline/petrol at the mine, then pipe it to the south where the power plants were. I do not know if any of that happened as I took advantage to sell the stock on news that got hyped out of proportion. I was surprised they did not stop making coal plants by 2012 in China. I think anyone relying on coal mining or power plant as a job needs a reality pill. Australia has made the most of this trend IMO. A coal plant about 30 miles to the south/se of me will close the end of next year. Half of the plant closed in 2020 and is part of an agreement with the power company owners in 2011 by the state. Negotiated by the governor and approved by the state Senate, a fund of $20 million [US] was setup for training for the remaining employees. Along with requirements to reduce mercury and NO2 to keep a license until 2026. The local coal mine was closed in 2006 due to sulfur content so they were willing to talk. When it is gone it is most likely a mini nuclear plant will be on the site to serve the 300,000 it currently supplies if they do not have alternative energy. There had been some talk of hydrogen generator but not likely from what I can tell a pilot program overseen by NREL may not have worked out? Just got an invitation from Tesla to be in a VPP. Am waiting to see if I qualify. Hopefully I set things up so I do not have hoops to jump through. Last years launch of the program did not include Tesla as an option. But my installer has been working with them for 5-6 years and saw a huge spike last year with federal incentives. By the first of May they were booked on battery installs until mid October. Solar [with or without batteries] installs went into this year! All powerwall's was what people were asking about...
Sam. I have Dynamic Contract now. In Groningen Nederland. Do you have Dynamic Contract in Australia??? Dynamic Contract has Prices last Sunday 1 cent kWh.
China recognised that the switch to EVs would entail generating not just incremental electricity but GREEN energy. Producing electricity from coal to charge EV batteries would amount to shifting the source of air pollutants FROM TAIL PIPES TO SMOKE STACKS.
And that is exactly what is happening in Australia because of moronic channels such as this one. UNTIL we clean up the grid there should be tax ADDED on EV's not a deduction
Click here to get a free charger and installation when pre-ordering the G6
xpeng.com.au/?qr=726XPO
The best solar company in Australia just installed my new solar system.
Check them out here:
www.resinc.com.au/electricviking
Jai Hind. Will the trumpet forces all 5Eyes to install First solar panels due to National Security concerns as reported by ASPI?
Another report I read said all of China's coal plants are now running at 40% capacity, or less, and many of them have already shut down/decommissioned, due to lack of need and have aged out. China's planned capacity of new solar, wind, battery storage and small nuclear power plants is mind-boggling and will get them off coal completely, in the next several years.
This is the really important part. Not just what plants are built, but how much they're used.
If they are still building them I think it will take more than a decade or even longer
It only makes economic sense for China and Europe to go green instead of importing expensive fossil fuels. China is smarter than the poorly educated
@@snodgee Well in terms of china speed 10 years equal 1 year...the chinese do stuff at light speed as compared to the rest of the world.
@@snodgee The coal plants are kept/added to cope with variations of demands and wind/solar powers. The new plants are more efficient and environment friendly, so the overall emission will decrease when they are built to replace the old ones.
Whenever I feel hopeless about the state of the world, I get cheered up by Sam on this channel. This report about China not approving anymore coal plants really made me rejoice. 🥳
@@elephantintheroom5678 Sam Always makes me happy.👍❤🌹🌹🌹
We should also thank Australia for messing with China that why China is moving away from coal as quickly as possible 😂
@@ngceboshezi7676 When the president of The U.S says 'jump' The Australian PM will response by 'how high'.
@@ngceboshezi7676 Nah, not really. Australia is a non factor in China's decision to move away from coal. Also my understanding is that Australia's coal export to China is mainly used as metallurgical coal for steelmaking, not the regular thermal coal fir power generation. China itself produced the majority of its thermal coal. Clean energy has been China's focus from decades ago. This has nothing to do with Australia.
Americans were licking their chops counting on selling carbon credits to China. Little did they know, China got serious with renewables and busted the Western dream of making China pay for industrialization in the Paris accord. 😂
This shouldn't be a surprise to anybody. China has been shifting to renewable power faster than any other country in the world. This year, China is adding roughly 2x as much renewable power as the rest of the world combined. They've been replacing dirty coal power generation with "clean" peakers and industrial storage to bridge the 'duck curve' as the sun sets while evening demand is still high. China is adding so much renewable power, they are trying to find efficient power sinks to use the daytime excess, hence the big push for EVs which provide the additional benefit of reducing expensive oil imports. By 2030, China's energy profile is going to be radically different from the West.
if you look at the history of energy production and industry this notion of 'replacement' is rather dubious -that is simply not the way things work. usually a new energy source leads to inreased use of existing ones ;)
@@steinbauge4591 The Chinese auto market is currently 50% NEVs. New Energy Vehicles are literally replacing older internal combustion engine vehicles. China is literally idling coal power plants when renewables provide enough power.
Yet oil, gas and coal consumption are at record levels, as is the build out of nuclear… it’s the addition rather than transition
@@paulmontague4918 China saw Peak Oil last year, which is why global oil demand is dropping rapidly. China will see Peak Coal this year or next, so China is at or near Peak Carbon. Do you know what "Peak Carbon" means? Can you guess what happens afterward?
@@paulmontague4918Yes. It's because in China only 47% of oil and 53% of gas is being burned even now. The bulk of usage is for the petrochemicals and polymers industries. In other words, Chinese demand for petroleum will not drop. They will simply stop burning the stuff.
I think you are absolutly right with your predictions. The most people think linear, but every disruptive change happens exponentially. Today I am much more positive about our future than 10 years ago, because the change can't be stopped and no fossil junkies and politicians are able to slow it down. Thanks from Austria for your good work and your videos.
You've been sucked in badly ,,, now your part of the crazed cult worshipping at the fake God of net zero . Wake up to yourself
The Chinese don't want energy sanctions placed on them. Smart strategy.
America's war hawks kept threatening to blockade the Strait of Malacca to cut China off from oil and grain. Xi took that seriously and pushed food security and energy security via renewables. This year, China will have a record high grain harvest of 700 million metric tons due to strong production and effective mitigation of natural disasters. China is effectively food secure, where imports and exports are in balance. China is rapidly approaching energy security via renewables. Plus, the US pushed Russia into China's arms, forcing Russia to sell gas and food to China after blocking Russian exports to Europe.
Biden and Trump would love to sanction the Sun and to penalize the Sun, by placing a total ban on the Sun to coerce the Sun from shining up again day after day over the sky of China -- well, they wish.
Seriously who would put energy sanctions on any country? Why would 'they' do that?
@@kenbehrens5778 , Didn't some human right and democracy leader of the entire galaxy blow up Nord Stream 2 (which is technically not any sanction, but raw and brutal deprivation of fundamental human right to be freed from being frozen to death), with the benign intention to Build Back Better the Federal Republic of Germany into the Neolithic Age when Neanderthals survived perfectly with firewood picked up at the Alps, AND/OR "enlightened" to purchase natural gas at 4X the price they paid, prior to the NS2 blowup, to the Russian Federation, which according to Biden Regime should have been sanctioned into (1) territorially and institutionally fragmented pieces, AND (2) economic abyss?
In war
这是在新疆沙漠的太阳能工厂。因为太阳板阻挡了水的蒸发。沙漠长出了青草,现在成了羊的草场。
True.. China by 2030 will question many countries on carbon reduction. China is burning coal till 2030 to stockpile steels for the next 50 years. My opinion.
Every Year 200 GigaWatt Solar. Every Year 250 GigaWatt Wind. Next Year China has 1000 GigaWatt Solar installed. 2000 GigaWatt in 2030. 500 GigaWatt Wind installed now. 2000 GigaWatt Wind installed in 2030. China Government Policy. ❤👍 Thank Again Sam for this video. Health is improving. Clean Air Blue Sky Health Better Life.
Energy abundance mindset. I think they rejected the Russian pipeline offer because they simply won't need the energy by the time it would be built.
@@nytracus9680No, they'll still need it. In China RIGHT NOW only 47% of oil and 53% of gas is burned. The rest go to their massive petrochemicals and polymers industries. Even after all cars turn into EVs in China they will still need all that Russian oil and gas for their industries.
@andrewsuryali8540 I was going to say about petrochemicals but had no clue on numbers or whether they could do that from domestic oil. Regardless, German experience has shown the risks of relying on Russian energy and I totally get why China doesn't want to go that route.
by the end of next year. I will be living on 100% renewable power. panels on my roof and two small wind turbines. My house, office & 2 EVs will run year round, day & night 100% off my own power generation.
Pull your trousers back up.
It’s the race to energy security that every country wants. It’s just the loonies that can’t see it!
Energy security for times OTHER than when the sun is shining and the wind is blowing but green loonies just don't get it
@@markevans5892Absolutely, affordable, clean, abundant, safe energy will determine future prosperity and security.
@@tilapiadave3234stop huffing fumes
they just elected one in the US🤣
That would be the Liberals & Nationals where self greed is everything.
Hi from NZ mate. Enjoy your content and see you have the required amount of haters as per usual for positive people. Keep up the good work 😊
China shows the world what "leadership" really means.
RECORD usage of coal 2023 ,,, you fall for this fake viking lies?
Hmmmmm but you can get run over by solar power driven out of control lunatic for no reason why is that ? SPLAIN to me lol.
lol
Still the worlds largest polluter ,, still generating over half the power using coal ,, swapped a lot of cleaner Australian black coal to burn the extra dirty local brown coal.
US and Isrl are our leaders
Western developed countries criticized China's pollution at the UN, China acknowledged and will reduce carbon gradually, where the deadline is 2035 for switching from ICE cars to EVs and 2060 zero carbon in China...
supremacista .
china queria que los chinos respiraran aire limpio .
aunque fuera para que la gente no se muriera antes de jubilarse , que diria otro supremacista .
China's cumulative CO2 emission from 1850 to 2022 is less than that of USA and EU. Even now their per Capita CO2 emission is half that of USA.
Name your source?
@@vec306 lots of sources and old news.... you just type in Google,, if you live in China I don't know what you should use... restrictions on ICE cars in the EU until 2035 and zero carbon EU 2050,,, whereas if you type in China's zero carbon target in 2060....
@@vec306 me?
Having watched China's development for a long time, it has been planned since the early 2000's, that coal would max out in 2025. The fact they are actually there is no surprise given the speed of renewable energy generation in that country. They don't just take it seriously but planned to do something about it.
5 Years is too kind, more like 2 years. Wake up people !
5 years is a stretch. Probably more like 10. Even if they lower their reliance on coal for energy they still need it for manufacturing.
14 new coal-fired power projects approved in the first six months of 2024 by China for a total capacity of 10.34 GW.
China's National Development and Reform Commission (NDRC) has flagged that at least 200 GW of coal capacity is expected to be deployed to support renewable power.
Doesn't seem to meet up with closing down coal in the near future?
@@johnd87That's half the story. I actually work with China Huadian. Under current policy, any coal plant not able to hit 35% total plant efficiency will have to close in 2 years. Huadian HAS SHUT DOWN 50 GW of coal generation as of this year. They're number 4 of the Big5 power generation companies, although admittedly their plants are older. However, if their numbers are similar to the others, it may be that at least 200 GW of coal have been shut down or mothballed as of this year.
The Huadian people I know are sort of in panic mode because they're now burdened with all the old coal plant workers they'll have to pension off or find new jobs for. They've been scouring Southeast Asia asking companies (because governments aren't interested) if maybe someone's interested in a captive plant for their industrial park or something. Basically trying to sell off 50 GW of generating capacity abroad, with no success.
All the new approved plants are 40% or above in plant efficiency and have some of the fastest ramp rates possible with current technology.
China is moving super fast on green energy! Almost half of the cars on China's road were EVs, not to mention China had the world highest concentration high speed rail, a very efficient mode of transport on energy consumption.
Great! Can’t happen soon enough for the climate and future of humanity.
A few misunderstandings here.
Two thirds of Australias coal exports are for coking coal not power generation. Coking coal is mainly used for the reduction of iron ore to make steel, as well as production of cement and as a source of high grade industrial heat for a variety of processes from making chemicals to bricks. At present there is no easy replacement for coking coal. In steel making for example hydrogen has been considered as a reducing agent but has issues for steel quality (steel via that process isnt as strong).
China also has a substantial amount of hydro power and potential for pumped storage.
For example, the output of the Three Gorges hydro power station on its own, is equivalent to seven large nuclear power stations. That would be sufficient to entirely power Australia at current levels of demand.
And big plans are already underway in the Pilbara ,,, make green steel on site ,, American support for that to economically effect China and European support because they are willing to pay more for green steel. Interesting to see how that pans out
Not only that but coal mining in Australia only provides around 30,000 jobs in total which is less than 0.2% of employment. It isn’t a major employer and everyone in it knows that it is decline anyway.
Russia & Mongolia will replace OZ coking coal as more capacity comes on line.
@@absolootely2571 But the Viking moron will find a way to say how green it is ,, LMAO
Thank you , you have answered my question about uses for coal other than power stations. So the impact on the Australian coal industry is not discussed in this video.
China has long required old coal power stations to be shut down for each new coal power plants. The new plants are supercritical thermal plants and use 40 to 45 % less coal than the old plants to produce the same amount of electricity. The new plants also have pollution control equipment, scrubbers, etc and located away from the cities
Exactly. The West loves to talk about China adding new plants, but never mentions that they're removing old plants, or that the new ones are vastly more efficient, cleaner, with lower usage rates and high idle times.
Australia should be doing the same instead of wasting half a trillion on renewables.
Thanks, Sam. You are my alternative energy guru.
109%
7:30 China has the world's fourth-largest coal reserves, after the United States, Russia, and Australia.
China's coal reserves are estimated at 143 billion tonnes, which is about 13% of the world's total. This is enough to last for about 35 years at current consumption rates.
China produces most of the thermal coal (both black and brown coal) it burns, but imports coking coal to make high quality steel.
The stone age didn’t end because of lack of stones. With solar and wind you can make green hydrogen needed to make “clean” steel with no coal needed. China won’t do this solely for the enviroment / climate change. But they sure will do so if it is cheaper to produce. Than it will be game over for the coal industry !
It may have lot, but if it is very polluting or not suitable for power plants then the coal is worthless. South Africa has a similar scenario.
I think that new technology and safety health /climate concerns will see much of this coal stay in the ground. Just because they are 'reserves' doesn't mean they have to be or will be used.
As Sam pointed out, that coal will stay in the ground. It's not economically viable anymore in China.
I bet the people in Newcastle really love you🤣
Don't shoot the messenger.
You'll just be ignorant of what's happening and it will happen anyway.
Lol
Now the restrictions on Newcastle port have been lifted they will be OK. (For those who don't know a corrupt deal was done to prevent the port setting up in competition with any other port - so nothing but coal).
maybe they can try sheep??
He not no what he talk about coal is not go away for a very long time the US will go back to coal they need energy you can not make anything with out energy look at Germany they need more coal and Africa and India South America they will need energy and the faster way to get energy is coal listen to the Investment experts and the very rich are all buy coal and oil they not what go on people should not put out things without doing research
Awesome! People can learn to do other things. Don't be afraid.
Great info Viking. Luv it. Just back from the Rising Tide blockade in your town, Newcastle Australia, to help accelerate Coals demise, that is enviable because of the future Circular Economy. Of course I drove in the Tesla to the amazing event.
You got a lovely home Sam, kindly share the house plan plus the roofing... It is ideal for the solar
when light bulb was invented and mass produced, millions of candle making workers lost their jobs
Great video, I had no idea!
Thanks for great informative video
Glad it was helpful!
Once the Oxford hybrid panels become commonplace the efficiency will be doubled overnight. Can’t wait to get some and replace my 22 panels that I currently have.
Doubled is probably a bit to optimistic.
@@autohmae " Dr Shuaifeng Hu, Post Doctoral Fellow at Oxford University Physics. ‘We believe that, over time, this approach could enable the photovoltaic devices to achieve far greater efficiencies, exceeding 45%.’ Current panels are at 22% or lower. Double may be a very slight understatement.
@@tonespeaks lab efficiency and module efficiency are different. They themselves would tell you the same.
@@autohmae The statement about efficiency is his, not mine!! Let's not forget, they are the experts.. who have been working on developing the product for years. I agree things work different in the lab, but that also means they could have efficiencies greater than what he stated as well... it goes both ways.
@@tonespeaks Only thing I'm saying is, real world might be slightly less, probably not much less. Either way, I'm happy to see them deliver, they seem to be ahead of the curve. Which is great to see and I hope they do well
This is phenomenal! Thanks for the info.
Glad you enjoyed it!
Coal is disappearing in Australia.
It’s very unlikely there will be any coal plants operating in 15 years.
Cost of energy storage is the key to coal removal
worldwide
And so far storage problems are not solved ,,, and until we have that solution we need to pause this madness that is solar and wind
Good.
I live in Upstate New York (snow belt). Solar farms are going up everywhere even though we sit on natural gas nearly everywhere. Much of the gas is being exported.
China is projected to peak its coal consumption by 2025 at around 4 billion tons (about half of the world’s consumption). So even at an aggressive annual 20% year to year consumption decrease, there will still be quite a lot of coal demand for the next 5 or even 10 years.
o sea que la demanda mundial va a caer el 10 % . año tras año .
¿ y el precio ?
Indian is go big in to coal the problem with this guy he not do the best research into other things and make comments and coal is easy energy to build and get your get Africa other Asian countries US and more country US coal in 2022 best performing investment was coal a US company did a over 100x in 1 year so coal is not going no place for a very long time.
😂
You're getting quite a following bungee.
Good to see mate
Guaranteed if electricity was virtually free during the day and $$ when the sun goes down the free market would solve it.
Thanks for the good news story Sam.
Fake news , manipulated data all to fill his pockets and never do an actual days work
That's a good development
I'm excited about the advances of renewable energy. But all the people in the coal industry without immediate means of making bread 😢
They should get “clean” jobs in the renewable power industry. Hope they can make the shift !
eh horse carriage makers lost their jobs to cars and same goes throughout history when better technology comes about, shouldn't mean we stick with the old. Govts need to pre empt it otherwise its solely a failure on their part
It is unfortunate, but things have to move one. I don't think it's as bad as all coal workers will just be permanently unemployed. As this video warns, coal workers need to use the time to find new employment or other opportunities. This is the same for so many of us around the world whether they work in coal or not.
Also, look at the people living around 100 miles of a coal power plant are suffering health effects, so that makes up for a lot of it locally in terms of healthier life and less medical bills. The closure of coal power plants transitions us away from the dirtiest most carbon intensive power source which helps every citizen of the planet. The needs of the many outweigh the needs of the few.
Hi, love your stuff. But do remember, the most important use of Aussie coal is for making steel. It’s the best coking coal in the world, wasted in power stations. Best wishes.
Can't come fast enough. For far too long, Aussie households have been gouged by the Power Utility companies.
People want progress but don't like change.
As a former coal miner I used to be a bit agnostic on climate change and renewables.. at 40 years old I decided to better myself by studing mining engineering, it exposed me to atmospherics , physics and gases, I quick changed my position on climate change..
Unfortunately I’m old enough to remember the disinformation campaign run by tobacco companies when the tobacco industry came under more scrutiny…the minerals council of Australia is now the modern version of “Big Tobacco”., oil and mining companies in the states are the same and using the same playbook to stoke fear through misinformation.l
geo politics and neoCons are forcing inaction on climate change in the developed nations and will do so for a long time..the outcome of this will be BRICS (and its affiliate’s) will overtake the G7 & G30 as the economic leaders on both climate change and monetary policy, resulting in them becoming the economic global power base and western countries inevitably falling behind with little prospect of regaining our former positions as world leaders..
I'm an engineer who's worked in both our manufacturing and mining industries.
I left manufacturing because I could see it was doomed.
As far as electric Viking goes. I hate to slam someone but this guy gets a lot of his basic technical facts wrong. I have tried helping him out and found he's like most RUclipsrs only interested in clicks. I consider him just another clown in a field of clowns.
While the thermal coal industry is doomed because we just can't keep burning the stuff the coking coal industry isn't going anywhere because we still need steel. No matter what you've heard the green steel thing is mostly myth. You can't use hydrogen instead of coal because you end up with garbage that's too brittle to use for anything.
But that's NOT Australia's real problem. I did a small consulting job in 2016 and was stunned to find out how bad our energy plans were. 8 years later they are still a joke. The source of the problem is AEMO and that pack of clowns (mostly economists) need to be sacked and I am serious on that.
*The actual problem is we need to replace our older power stations and upgrade the grid anyway.* The whole energy transition was always going to happen for the very simple reason that THINGS WEAR OUT. No matter how well anything is built and no matter how good the maintenance is eventually everything wears out. Power stations and energy grids are no different.
It took me a couple of years listening to some fairly smart people to work out why economists have this insane need to be involved in things they have no training in or understanding of and its quite simple. *Economists consider everyone else is a problem that they have to manage.* They really do see you, me and everyone else as a problem.
Even crazier is they have done it all across the developed world and until we can get them out of the road NOTHING anyone wants to do can happen. And its not just energy they have gotten into health care, education and everything else they can get into. That's why there's so much frustration with governments. No matter who anyone elects the economists step in and interfere because in their minds we only elect problems and they have to manage them.
In Australia we need to replace over 30GW of older power BECAUSE ITS OLD with new and more power to feed a growing population as well as upgrade the grid to handle that new power. Unfortunately we have this group of clowns who wont get out of the way and clowns like Electric Viking who add to the noise and confusion.
I’ll buy Glencore and Whitehaven
To keep the grid stable, some coal plants need to remain in service to compensate for the unexpected swings of wind and solar
China has 392GW of new coal fired power stations approved and under construction. Their demand for thermal and metallurgical coal is insatiable.
Clean green ...got it
Gidday Sam! Have you heard of Canyon Solar? Aussie company who put up solar car parks. It's all pre fab in the southern highlands of NSW. 1 double row is up and running, about 50 cars, it wasn't there 2weeks ago, at Wests Illawarra leagues club. There are a couple in Newcastle you can check out. CSIRO new energy dept with 10 22kw chargers and a Woolies somewhere. Oh Wests Illawarra is in Wollongong
I feel like in the future, solar power plant will be so cheap and efficient, our roof and road will be made entirely by solar power plant
Goodbye Aussie GDP, hello inflation.
Someone posted elsewhere that they were paying 65c per kilowatt-hour in australia. That would explain why it's so cost-effective to build the solar systems.
I'm paying 13 cents per kilowatt hour. It just doesn't make financial sense to buy these systems yet in my case.
For you I would recommend "camping" type solar setup: 1 LiPO4 900WHr battery (~$100) a small solar panel (
surely no one will pay $65 per kilowatt hour in Australia. If it would be like that it would be even effective to have a simple diesel powered generator in every house.
@@thorblau7943 I meant 65 cents per kilowatt hour. Voice typing apparently put in a helpful $ sign for me automatically.
Which is ironic because when I *say* 65 dollars, it never includes the $ sign.
@@macmcleod1188 Why does anyone pay that much for electricity in Australia, that's double the going rate.
@@paulc6766 I don't know. I knew it was high but had no idea it was that high.
Probably a mixture of historical reasons combined with corruption.
I seriously worry about a lot of CEO's and politicians lack of imagination, and as you say, they are making investments and policy on what worked in the past. Some of it is an understandable reluctance to ditch dirty assets, then commit new investment to clean technology. But i'm convinced that a lot of decision makers are simply incapable of imagining something that isn't already in front of them.
Coal is used for steel making... metallurgical coal.
There are electric furnaces being developed that do away with the need for coal heat too.
@glyngreen538 that's thermal coal. Metallurgical or coking coal is used to make steel.
@@charlo90952 It's planned to replace this coal with Hydrogen, called the 'green steel'.
The amount of coal used in steel is tiny. You can probably make enough steel for a car with a barbeque sack.
Can you. make hydrogen from coal??
Hah! I thought I recognised it - 5:28 - that's Ratcliffe-on-Soar Power Station in Nottingham (UK). My business supplied it with kit since it was built (1963, commissioned 1968) and it's sad it has now been decommissioned.
I guess it's always bitter sweet to see the end of an era, but the closure of the last British coal fired power station is more sweet than bitter to me.
@@philiptaylor7902 I don't disagree it's a good thing, however it should be noted this station was fairly advanced and used FGD so it was cleaner than many. That said, progress is inevitable and after 50 or so years in operation closure was not unexpected. Having been there many times I deeply appreciated the engineering involved and the skills employed in keeping the place going and the lights on.
@@BlackBuck777 To be honest, I'd rather we were still burning coal at Ratcliffe-on-Soar than cutting down virgin forest to burn in Drax. Even the emissions would be lower.
China is still exploring its hydros, despite all the giga watt dams been built in the last 2 decades, 60% of the total in China hydropower is yet to be tapped.
All of the "easy" hydro has been tapped in China. Yes, there's available hydropower, but it's probably not economical for China to develop when renewables and nuclear are more promising for faster effective return on investment.
The have to feed the 1,161 coal fired power plants plus all the winter heating is run by coal 300m households
No coal power plants have needed to be replaced within 20 years. Liddell went for my whole life 50 years.
Plus, they don't need to rely on other countries for power (oil, coal and gas), which makes sense.
Wonderful news
Good, the arrogance of Australia refusing to phase out heir coal extraction has been frustrating to say the least.
Australia mines the best steel making coal in the world. Coal cannot be replaced in blast furnace steel making.
Bright Future Ahead For Australia’s Steel-Making Met Coal Exports
Tania Constable, Chief Executive Officer MCA National
15 October 2018
Australia’s economy, regional jobs and local communities will all benefit from growing demand for our world-class steel-making coal driven by population and economic growth in China and India.
A new report from expert industry analysts Commodity Insights on the demand outlook for metallurgical coal to 2030 forecasts that demand is expected to grow by over 95Mt from 275Mt in 2017 to 372Mt in 2030 - equivalent to 2.3% growth or around 7.5Mt per annum.
This forecast growth is approximately 56% of current Australian met coal exports, representing a large potential growth opportunity for the sector.
Along with a report to the MCA and COAL21 earlier this year on growing demand for thermal (energy) coal, this report counters recent claims that demand for Australian coal will decline over the medium term.
Even based on the conservative assumptions used in the Commodity Insights report, this demand growth represents a major opportunity for our world-class coal producers and the Australian economy.
Australian met coal from Queensland’s Bowen Basin is the best steel-making coal in the world. We are ideally placed, in terms of high coal quality, proximity to key markets in Asia, reliable supply and infrastructure availability, to share in coal demand growth to 2030 and beyond.
This is good news for jobs, regional communities and Australians - who benefit from the royalties and company taxes paid by our met coal producers which fund teachers, nurses, police and other essential services.
Australia is the largest global exporter of met coal with our exports growing from 114Mt in 2007 to 147Mt in 2017 in response to strong global demand growth, especially from our largest markets China, India and Japan (which account for about 60% of export volume) along with South Korea, Europe, Brazil and Taiwan.
Australia’s strong position in meeting met coal demand growth cannot be taken for granted. The report notes that given competition from other suppliers, we will need to add or expand mines and infrastructure - particularly rail - in a timely fashion to support this growth.
Drivers of the growth in met coal demand from India and China include the following:
Solid to strong economic growth in India, along with ongoing industrialisation and urbanisation, both of which drive demand for steel.
Continued solid steel production growth in China.
Population growth in India and China.
The inability of domestic met coal production to keep pace with demand in both China and India.
The report also notes that there is no suitable replacement for met coal for making steel because of its critical role in the blast furnace process where it acts as a source of heat, a reducing agent for the iron ore and provides permeability to the blast furnace burden.
Watch what happens to the economy if exports of our resources stop.
@@oldbloke204Yeah so let's stick to digging stuff because anything else is too difficult. We rank lower than some African countries in terms of how mixed our economy is.
Basically we are economic simpletons.
@@gikigill788 And all that time we let the rest of the world take our stuff for free. WE could have taxed it and set ourselves up for the next 50 years but nooooo.
@abzulooks6012 You're overestimating the intelligence of our general public. Look what Norway did with its petro profits.
If they get their fusion reactor going, there will be no need for anything from anyone.
5:30 Coal plant needs 70% uptime for profits, similar is true of ICE factories... If the gas vehicles slow ~10% the whole factories becomes unprofitable. It can't be smoothly scaled down. Also the amortized cost of ICE factory equipment breaks the math if in 5 years the cars won't get made. So ICE OEMs need to operate at a loss or take big losses.
The final mile is the hardest, today NZ runs 98% renewable (according to transpower )
But minus wind and sun, it’s back to fossils to keep the lights on
Battery technology will solve that problem very soon.
Mongolia is a major supplier of coal. There was a report the Chinese government is working with Mongolian government to make it a renewable supplier as coal usage drops.
Perhaps not
Unfortunately Coal follows Iron Ore, unless we find a cheaper way to produce steel it’s here to stay.
There’s lots of higher quality coal in Mongolia which is closer to the market than Australia
What I love is that this is all down to economics, not green policy that will drive this faster than anything
Doesn't matter if it's economics or green policy, they seems to converge in 2024. Besides you don't have to know anything about green policy, in fact you don't have to believe in global warming (or gravity if you don't want to) to see the health and other benefits of reducing fossil fuels.
Yes and no, costs have come down by the pressure to find alternatives to fossil fuels, without that pressure and investment, costs might still be prohibitive.
Subsidies , misleading data and outrights lies ,,,,, welcome to the green cult
Then dealing with all the ash,cinders and nasty stuff from burning coal.
Or dealing with horrid wind mill blades ,, and all the nasties in solar panels
Some inaccuracies: The use of power station coal is declining as outlined in the article. The use of steel making coal (A significantly different product) is not. China is the worlds largest producer of power station coal. Indonesia, not the West is the worlds largest exporter of power station coal. Australia is the worlds largest exporter of steel making coal.
China's coal is in the North, (Manchuria) Her Industries are on the coast in the south. Her Trains run North/South but her huge rivers East/West, it is therefore cheaper to ship by sea rather than by train. Chinese coal has more undesirable by products in it than either Indonesian or Australian coal, she will cut back on the less pure coal first. Your article is correct but over simplified
Over simplified or designed to mislead members of his cult?
In WA we are only allowed to export 5Kw. I have a 5Kw inverter and 6.6kW of panels on the roof. That's all they are allowing because they don't have enough grid storage.
Storage has been the known issue for how many decades? I think you should be charged for disrupting the grid.
A certain amount of Australian coal will still be used for steel production, however, yes dependence on coal for power generation will be significantly reduced.
If China is successful in commercialization of small Thorium reactors, we are going to see further reduction of coal plants for electricity generation in third world countries.
But that's what Aussies wanted. Right?.
Australia have been criticising China for pollution.. Not environmental friendly..
China listened..
Now Australia complaining?
Not just Australia, most of the western world.
The only Australians complaining are the coal miners because they want to keep their jobs. They would be better served spending their time gaining the skills necessary to work in the new energy economy.
We're also installing BESS as fast as we can in this country. A quick Google of New BESS installations in Australia and you all will see.
There will still be some jobs in coal but only high grade stuff we need to use in steel production
Dams should be use only as intermittent energy to allow solar and wind to be managed, in
International Energy Agency :
from now to 2030, China's renewable energy installed capacity is expected to account for nearly 60% of the world's total installed capacity.
By 2030, China will have more than half of the world's renewable energy , and China’s solar energy output is equal to the entire nation’s consumption in the U$.
Imagine if they passed on the savings of production of home batteries ( we’re paying way too much imho ) , heaps more households would be self sufficient basically , that’d cut down the need for massive alternative power generation quite a bit
Remove the insane deductions / tax offsets for EV's and spend that cleaning up the grid etc ,,
Batteries aren't the solution, I think compressed air even at 60% efficient because the cost can be 10 times lower than chemical Batteries, the reason is Batterie price growth is linear eje: 1kw 100 dollar 10 KW is 10000 dolar, compres air tank may be 100 dollars for 1 KW but I the tank hold 1000 KW the price per kw drops at les than,,25% or 25 dollar a kw
Aussies, be happy. On the positive side, less CO2 released. Isn’t that all the developed countries have been pushing for?
Economies will still need a lot of carbon from chemical and industrial production. Carbon fiber is increasing common building material and extracting pure carbon or co2 from coal is simple and does not release the same particulate and chemical pollution as open air combustion for electricity. Carbon for synthesized hydrocarbons is also useful for long term or seasonal energy storage and transport of energy over great distances. Less future demand for coal but it will be increasing utilized as a cheaper chemical feedstock material.
So true.
By the quality issues I have doubts about the realistic, future of this supply,
Coal power continues to expand in China, despite the government’s pledges and goals. In the first half of 2023, construction was started on 37 gigawatts (GW) of new coal power capacity, 52 GW was permitted, while 41 GW of new projects were announced and 8 GW of previously shelved projects were revived. Of the permitted projects, 10 GW of capacity has already moved to construction.
Permitting continued apace in the second quarter and in some provinces, newly permitted power plants are moving rapidly into construction, while in others, developers might be securing permits “just in case” and not hurrying to break ground. Of plants permitted in 2022, about half (52 GW) had started construction by summer 2023.
Australia was always at a disadvantage because Iron ore and Coal are the export backbone that it relies on to survive economically. Now they are no longer needed because of, China has found a way around coal, and they are buying Iron Ore at a cheaper price from another country. Basically, we are stuffed.
China is truly leading in renewable energy
China is also building advanced, safe nuclear power stations.
Solar panels do not clean themselves and are degraded by dust or pollution. What is the life span of a silicon panel in terms of gradual degradation in performance? I caught a glimpse of a cleaning machine in this clip that was based on a car wash soft roller. It looked very lonely in an ocean of panels but presumably it was robotic....?
Just like the nickel industry they did not know what hit them like a 4 by 2.
Its ok. Australian likes bbq.
😂😂😂😂 and Australians claim they have very responsible healthy environment activities. SUCH HYPOCRISY !!!!
A huge devastation of the landscape. Solar power and wind power.
Sam, please make a video comparing PLUG IN HYBRIDS completely (parts, service, etc) comparing this to fewer everything in an EV. LOVE YOU CHANNEL 😅
Plug in's are the thinking persons alternative
Since you asked what I think... I think the disappearance of coal is long overdue. Goodbye and good riddance.
Would you like to bet coal will still being used long after you are in the ground and pushing up Daisies ?
Sure, and corn cobs will still be used as toilet paper.
Coal use and production hit a record high in 2023 , as did China's CO2 emissions , which are by far the biggest in the world at 32% ..which is bigger than Europe , India and the USA combined.
China still has about 200 coal power plants, not finishing next week.
The question is how fast existing coal plants will shutter. Merely by operating they keep Aussie mines going.
If that's the case, Japan will be laughing since they can buy coal cheaply since they developed technology to burn coal clean and their 60% of electricity comes from coal burning power station yet their air is so clean!
India is still buying coal. That’s not changing fast
I heard something about India also expanding its renewable, though not at the same pace as Chuna. They have similar environmental drivers though - poor air quality in the cities. Perhaps Sam could run some items on their progress?
@@michaelr3647 Both can be true, cause the indian energy market still has a massive growth. There are region with no permanant electricity. China is growing much slower, so the renewables are partially replacements for conventional energy production.
India has massive problems, it is likely to run out of water in the next 20 years.
3rd world will be last to transition to green
@@larryc1616 Developing countries are leapfrogging into green tech because China makes it affordable and fast. They are installing new micro grids using Chinese solar tech for immediate results. EVs can be powered locally, rather than importing expensive petrol.
Hey mate! You forgot there's a country called India. They will replace China for our coal! ScoMo said India will replace China for our exports, including wine, seafood, and meat.
Australia upset china. so china vamped up renewable energy to give Australia an f u. 😂😂😂
Australians were laughing at china not long ago when china bought some coal.
Over a decade ago the largest power company in China, after finishing a major round of coal plants, announced they were now required to become dual fuel. The second fuel was to be refined coal to something more like gasoline/petrol at the mine, then pipe it to the south where the power plants were. I do not know if any of that happened as I took advantage to sell the stock on news that got hyped out of proportion. I was surprised they did not stop making coal plants by 2012 in China.
I think anyone relying on coal mining or power plant as a job needs a reality pill. Australia has made the most of this trend IMO. A coal plant about 30 miles to the south/se of me will close the end of next year. Half of the plant closed in 2020 and is part of an agreement with the power company owners in 2011 by the state. Negotiated by the governor and approved by the state Senate, a fund of $20 million [US] was setup for training for the remaining employees. Along with requirements to reduce mercury and NO2 to keep a license until 2026. The local coal mine was closed in 2006 due to sulfur content so they were willing to talk. When it is gone it is most likely a mini nuclear plant will be on the site to serve the 300,000 it currently supplies if they do not have alternative energy. There had been some talk of hydrogen generator but not likely from what I can tell a pilot program overseen by NREL may not have worked out?
Just got an invitation from Tesla to be in a VPP. Am waiting to see if I qualify. Hopefully I set things up so I do not have hoops to jump through. Last years launch of the program did not include Tesla as an option. But my installer has been working with them for 5-6 years and saw a huge spike last year with federal incentives. By the first of May they were booked on battery installs until mid October. Solar [with or without batteries] installs went into this year! All powerwall's was what people were asking about...
Sam. I have Dynamic Contract now. In Groningen Nederland. Do you have Dynamic Contract in Australia??? Dynamic Contract has Prices last Sunday 1 cent kWh.
China recognised that the switch to EVs would entail generating not just incremental electricity but GREEN energy. Producing electricity from coal to charge EV batteries would amount to shifting the source of air pollutants FROM TAIL PIPES TO SMOKE STACKS.
And that is exactly what is happening in Australia because of moronic channels such as this one. UNTIL we clean up the grid there should be tax ADDED on EV's not a deduction