The Trump Energy Resilience Plan which Could have Saved Texas

Guest essay by Eric Worrall

Has Trump derangement syndrome cost Texan lives? Back in 2017, Secretary of Energy Rick Perry proposed paying Coal and Nuclear Power Stations to keep at least 90 days worth of coal onsite, for disaster resilience.

At the time the resilience proposal was widely criticised as being a thinly disguised Trump scheme to pump government money into the coal and nuclear industries. But in hindsight, a bit more resilience might have saved Texas from days of painful electricity blackouts.

From 2017;

Rick Perry: DOE’s Coal, Nuclear Proposal Is ‘Rebalancing the Market’

Perry doubles down on arguments that the NOPR will protect Americans.

LACEY JOHNSON NOVEMBER 02, 2017

Energy Secretary Rick Perry said a proposed rule to subsidize coal and nuclear plants is “rebalancing the market” to correct for the Obama administration’s support of renewable energy.

They “clearly had their thumb on the scale toward the renewable side,” said Perry, who spoke about his energy policy priorities with Meet the Press moderator Chuck Todd and Axios CEO Jim VandeHei at an event in Washington, D.C. on Thursday.

The DOE’s request to the Federal Energy Regulatory Commission (FERC) would upend decades of energy market policy by guaranteeing cost recovery for power plants with 90 days of fuel supply on-site — something that only nuclear power, a few hydropower sites, and some larger coal power plants can provide.

“If you can guarantee me that the wind is going to blow tomorrow, if you can guarantee me that the sun’s going to get to the solar panels…then I’ll buy into that. But you can’t,” said Perry.

The notice of public rulemaking, or NOPR, implies that there is a looming threat to grid reliability due to coal and nuclear power plant retirements. Its conclusions are largely based on an incomplete analysis of the 2014 polar vortex, which could have led to blackouts had several coal-fired plants now slated for closure not been available to serve the load.

The move has been widely criticized by clean energy advocates as politically motivated and factually unproven, and has drawn a backlash from major sectors of the energy industry.

Read more: https://www.greentechmedia.com/articles/read/rick-perry-doe-coal-nuclear-proposal-is-rebalancing-the-market#gs.Fp8TJMg

Federal regulators rejected the plan, on the grounds that Rick Perry failed to provide enough evidence that retiring coal and nuclear plants was undermining grid stability. The plan was eventually dropped, after vigorous lobbying from gas and renewable energy groups.

Now that the scenario Rick Perry predicted has actually happened in Texas, it seems pretty obvious the Rick Perry was right about the risks. Nuclear power plants and fossil fuel plants which had access to adequate fuel supplies mostly stayed fully operational.

Why is government intervention required to ensure grid resilience?

Keeping several months worth of fuel onsite is a cost which does not contribute to company profits. The cost of all that reserve fuel represents money which could instead have been used to pay down capital debts, or pay out dividends to shareholders. Power companies which choose to wear this kind of expense are at a competitive disadvantage compared to power companies which run leaner operations, by running their reserves down to the bare minimum. The expense of keeping fuel in reserve impacts market share and company growth; consumers frequently flock to the lowest price energy service, without considering the long term consequences.

Rick Perry’s plan would have eliminated the financial penalty for keeping a fuel reserve onsite, by compensating power companies for the cost of maintaining substantial fuel reserves.

Given resilience payments seem to be a workable solution, will President Biden or Texas Governor Greg Abbott implement the 2017 Trump / Perry energy resilience plan, to ensure nothing like the Texas power outage disaster ever happens again?

via Watts Up With That?

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February 20, 2021 at 12:34PM

Earth To Be Destroyed Again

Experts say that global warming destroyed the planet in the year 2000, 2013, 2016 and now 2030. Forty-five years ago, global cooling destroyed the planet. And as people in Texas die from the cold, Bill Gates wants to pollute the atmosphere to block sunlight and make it even colder.

https://uploads1.newtube.app/uploads/TonyHeller/fs001wE.mp4?_=1

via Real Climate Science

Posted on February 20, 2021 by tonyheller

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February 20, 2021 at 12:07PM

Washington Post : Cherry Blossoms Will Bloom In February

Nine years ago, the Washington Post predicted cherry blossoms booming in February.

Could cherry blossoms one day be blooming in winter? – The Washington Post

February afternoon temperatures have been declining for a century in the US, and this month so far has been the coldest of the past century.

The percent of days above freezing has also been the lowest on record so far.

And the percent of nights below 0F has bene second highest on record.

This is how Washington DC looked two days ago. I’m guessing those aren’t cherry blossoms making the ground white.

via Real Climate Science

Posted on February 20, 2021 by tonyheller

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February 20, 2021 at 11:24AM

NOAA’s Climate Disaster Claims Are A Sham

By Paul Homewood

Stewgreen has tracked down the NOAA climate disaster website, which the BBC used for their video yesterday.

https://www.ncdc.noaa.gov/billions/

It is evident just by looking at it that the whole thing is totally fraudulent. First a look at the map:

When a hurricane hits a populated stretch of coast, which is almost invariably, it is inevitable losses will be big. But while last year was a busy year for hurricanes, we do know that the frequency of US hurricanes has not been unusual in the last decade, and if anything the long term trend is down. (Though it is worth noting that the 1980s and 90s were below average, making the choice of 1980 as a start date statistically inappropriate):

https://www.aoml.noaa.gov/hrd/hurdat/All_U.S._Hurricanes.html

However, the vast majority of these wrongly named “climate” disasters are either tornadoes, hailstorms or severe weather (which are almost all thunderstorm/tornado outbreaks).

Again, we know that tornado activity has declined significantly since the 1970s. But we are expected to believe that tornadoes and thunderstorms nowadays are far more catastrophic than in the past.

The answer to this riddle lies in how NOAA determine what a billion dollar disaster is. The key is this sentence:

The U.S. has sustained 285 weather and climate disasters since 1980 where overall damages/costs reached or exceeded $1 billion (including CPI adjustment to 2020).

So, they rightly allow for inflation, but is that enough?

The simple truth is that Americans have much more “stuff” than they did back in the 1980. Bigger houses, more cars, latest technological gadgetry, expensive furniture and clothes, and all the rest of it.

If a house burns down, the cost of rebuilding it and replacing contents will have increased by much more than inflation since 1980.

The same goes for local infrastructure and services.

The best way to monitor this is by looking at GDP, not CPI, which says that $1 in 1980 is now worth $3.32:

GDP however has risen from $2857bn in 1980, to $21433bn in 2019, which is 7.3 times as big.

https://countryeconomy.com/gdp/usa

We can see the impact of rising wealth better by looking at constant GDP, which has been adjusted for CPI:

This index of GDP, which measures real growth, has jumped from $6.5 trillion in 1980 to $18.3 trillion, nearly trebling.

So when a billion dollar disaster in 1980 is equivalent to a $3 billion one now.

We can also look at house price trends. The chart below is deflated using CPI, so again reflects real prices, rather than monetary ones. It has risen from 81.78 to 134.88, a factor of 1.65:

https://fred.stlouisfed.org/series/QUSR628BIS

Out of the twenty two billion dollar disasters last year, supposedly a record, nine were below $2 billion. There is absolutely no doubt at all that if they had occurred in 1980, none of them would have cost more than a billion.

Hurricanes

We can actually make a direct comparison between the 1985 hurricane season and last year; both had six hurricanes.

In 1985, only three of the hurricanes enter the list, with a total cost of $9bn. In comparison, all six of last year’s appear, plus Tropical Storm Eta, with a combined cost of $40.1. The average cost per hurricane has risen from $3bn to $5.7bn. This is strong evidence that it is increasing wealth which is driving the rising cost of disasters, not the impact of climate.

https://www.ncdc.noaa.gov/billions/events/US/1980-2020

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February 20, 2021 at 11:15AM