Slashdot Mirror


The End of Coal Could Be Closer Than It Looks (bloomberg.com)

The Intergovernmental Panel on Climate Change released a report on Monday saying that the world's electrical utilities need to reduce coal consumption by at least 60 percent over the next two decades through 2030 to avoid the worst effects of climate change that could occur with more than 1.5 degrees Celsius of warming. While that reduction seems out of reach, Bloomberg crunched some numbers and found that "it's possible to meet consumption-cut targets on the current path." From the report: The conventional wisdom is that this isn't possible, as rising demand from emerging economies, led by China and India, overwhelms the switch from fossil fuels in richer countries. That may underestimate the changing economics of energy generation, though. For one thing, it assumes that Asian countries will continue to build new coal-fired plants at a rapid rate, even though renewables are already the cheaper option in India and heading that way in China and Southeast Asia. For another, the falling cost and rising penetration of wind and solar is so recent that we're only just starting to see how they damage the business models of conventional generators. Thanks to the deflation of recent years, renewables already produce energy at a lower cost than thermal power plants. That causes the overall price of wholesale electricity to fall, reducing a conventional plant's revenue per megawatt-hour. When this drops below the generator's operating costs, the only away to avoid losing money is to switch off altogether. As a result, capacity factors -- the share of time when the plant is on and producing electricity -- decline as well, further undermining returns.

The shift from an always-on "baseload" demand profile to a peaks-and-troughs one like this carries its own problems. The act of ramping up and down consumes fuel and causes the physical plant to wear out faster. Absent expensive refurbishments, that could take a decade off the 40- to 50-year life of a coal plant -- and banks will get progressively less likely to fund long-term refurbs as wind and solar further damage the economics of fossil power. Researchers at the Australian National University this year modeled the effect of this sort of scenario on that country's generation mix. Assuming that the cost of renewables continues to evolve in line with current trends, they found the average retirement age of coal plants falls to 30 years from 50 years. As a result, coal-powered generation drops by about 70 percent between 2020 and 2030.
"Let's assume the addition of net new generation stops in 2020; that plant life reduces to 30 years from 40 years; and that capacity factors gradually fall from the current 50 percent to 35 percent, still well above the levels of the U.K.'s coal generators in recent years," the report says in closing. "The effect of those operating changes alone reduces coal-fired electricity output in 2030 by about 40 percent relative to the higher scenario. [...] Factor in a price on carbon or other robust government intervention and the decline would be much faster."

25 of 397 comments (clear)

  1. Not gonna happen by cirby · · Score: 4, Insightful

    China and India are still busily building new coal plants (despite what China sometimes claims), and you'd have to convince them - and their populations - that upward economic mobility is no longer an option.

    If India tried a huge cutback, they'd have riots.

    If China tried a huge cutback, they'd have a revolution.

    1. Re:Not gonna happen by ShanghaiBill · · Score: 5, Interesting

      China and India are still busily building new coal plants

      China and India are building new coal plants to meet rapidly growing demand for power. Most of that new demand is not for lighting, cooking, or transport, but for air conditioning.

      If you want to reduce coal consumption, the best, most cost effective, and politically acceptable solution, is better ACs.

      The worst ACs have three times the power consumption of the best for the same cooling capacity. There is huge room for improvement.

    2. Re:Not gonna happen by Mashiki · · Score: 3, Interesting

      The most savings you had if old ACs would be replaced by new ones: in the developed world!!

      Great! So, in a developing country where a 1st world AC unit will run say $780k-1.8m, and drive up the rental price by 50%, people will obviously flock to that building right? Especially when the building on the other side of town uses a far less efficient version, but has a lower rental price because the cost of electricity is lower and in the long term costs less per unit.

      That is nonsense. They cost exactly the same.

      No, they don't. The price of electricity for example is a good gauge for this. If the system is cheaper you're not paying as much for maintenance because it doesn't require the specialists. With a lower cost per kWh, rounded out with tax benefits you can come out a head.

      --
      Om, nomnomnom...
    3. Re:Not gonna happen by Barsteward · · Score: 5, Insightful

      And better insulation would help a vast amount too

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    4. Re:Not gonna happen by stooo · · Score: 3, Funny

      >> What if the natural gas is not cheap?
      Then even cheaper renewables will do the trick.

      --
      aaaaaaa
    5. Re:Not gonna happen by Sique · · Score: 5, Interesting
      I don't know where this "wisdom" comes from. Germany has not commissioned a new coal plant since 1998, and the only ones going in operation since then are replacements for older plants or were planned before 1998.

      I know the "but Germany" argument comes up here and there, but it is simply wrong.

      To the contrary: even though Germany had a moratorium on nuclear energy after Fukushima-Daiishi in 2011, the share of coal (including lignin) generated electricity had just a small uptick until 2013 and is even faster declining since (from 62% in 1990 to 52% today).

      --
      .sig: Sique *sigh*
    6. Re:Not gonna happen by Sique · · Score: 3, Informative

      As a follow-up: The second argument is often, that Germany buys the missing electrical energy from Poland's coal plants, which is also wrong. (It's a nice chart, you can also see the daily trends in energy production.)

      --
      .sig: Sique *sigh*
    7. Re:Not gonna happen by CrimsonAvenger · · Score: 4, Interesting

      even though Germany had a moratorium on nuclear energy after Fukushima-Daiishi in 2011, the share of coal (including lignin) generated electricity had just a small uptick until 2013 and is even faster declining [wikipedia.org] since (from 62% in 1990 to 52% today).

      So, they're only running 52% coal, as compared to the USA's 30%? Yep, much greener in Germany....

      --

      "I do not agree with what you say, but I will defend to the death your right to say it"
    8. Re:Not gonna happen by Anonymous Coward · · Score: 4, Interesting

      According to this source (https://www.cleanenergywire.org/factsheets/germanys-energy-consumption-and-power-mix-charts), the energy mix is about 36% coal and 33% renewables. Still looks greener in Germany.

  2. I'll be waiting for the by satsuke · · Score: 3, Insightful

    I'll be waiting for the inevitable talking points about how the US will never get off coal and natural gas because _strawman_ won't let it.

    Here's the reality, the rest of the world is moving off fossil fuels at a quick clip, the US will be left behind if we still allow industry to drive the ship (e.g. having oil company executives making energy policy that enriches themselves instead of the needs of the nation).

    1. Re:I'll be waiting for the by Luckyo · · Score: 4, Interesting

      In US, yes, but not courtesy of pie in the sky "wind and solar". It's dying because it can't compete with natgas sourced from fracking and modern CCGTs. It's cheaper, plants are simpler, and it emits about half CO2 per energy produced compared to coal. Add on top of that the fact that the other product of burn cycle is water, and you don't need any catalytic and particulate filtration either, nor do you need automation investments to keep NOx and SO2 production low to zero.

      It's just cheaper to build a CCGT. Bonus points for the fact that if someone decides to build a wind park next door, your CCGT can be fairly economically run in OCGT cycle to function as spinning reserve.

    2. Re:I'll be waiting for the by Luckyo · · Score: 3, Interesting

      Oh, and something I forgot. Trump's most likely plan is to elbow US into the Australia's market of coal exports to East Asia. It keeps growing, and since coal is increasingly uneconomical in US, it would make sense to simply export it to China, India, Pakistan and ACEAN countries who are in dire need of it. It would also help with trade deficit issues.

  3. Facts not unicorns for the GP by ishmaelflood · · Score: 4, Informative

    Here's a link to the current state of energy consumption worldwide. As you can see fossil fuels are growing, and recyclables are not keeping up with increased demand, never mind making inroads into the fossil fuel demand

    https://gailtheactuary.files.w...

    1. Re:Facts not unicorns for the GP by slack_justyb · · Score: 3, Informative

      Yeah but using your graph you can see that the other shares are also growing in size, relative to the fossil fuel. I feel like this is one of those times where you really need to look at the first order derivative of this data to get a feel for hoe things are changing. Hell the 1980 Nuclear to 2010 Nuclear increase is massive compared to 1965 Nuclear to 1980 Nuclear increase. Wind which is non-existent in 2001 to where it is at in 2016 on that graph is a stunning delta to say the least. Going from 0 to about 25% the size of Hydro is the span of 15 years is a massive testament to the investment that's gone into that.

      Yeah, we use a lot of fossil fuel, your graph points that out. But the other colors on that chart are getting bigger faster relative to where they were relative to the rate of change fossil fuel is growing relative to it's previous size over a given timescale. I think you'd have an argument if the graph just went up and all the other sources, basically continued to show zero to little growth. But clearly from your graph that's not the case. The delta in growth of any of those other sources over a given timescale is easily larger than the delta of fossil fuels over same timescales.

      It took Fossil fuels 1965 to 2001 to move from 4 to 8 billion (double growth in 36 years). It looks like in 2016 it hadn't hit 12 (another 4 billion in growth). So that's 15 years for a 50% growth which it didn't hit. Perhaps it might hit 50% around 2018-2020. That's aiming for another double in growth in about the same delta in time, 36 years.

      If you look at Wind though, you can see that in 2010 it's just a few pixels wide and by 2016 (a six year delta) it has almost quadruple in size. If it keeps that rate of growth up, it'll be as big as nuclear by 2024-ish. As big as hydro by 2030-ish. Again, that's a big IF on if wind can sustain that growth.

      However, I did want to point out that your graph does show massive changes happening. Yes, we use a lot of fossil fuels, we're not going to turn this ship on a dime. But your same graph shows that diversity in energy mixture is happening at a not seen before pace. It might take a century to turn everything around. We're making changes really freaking fast in the energy sector and your graph clearly shows that. Look at the mixture in the 1960s to 1980s compare that to the mixture in the 2000s to 2016. However, that breakneck pace still is too slow to address climate change.

      I'm not saying your original argument is incorrect, but I'd argue that it's not the correct way of looking at the data.

  4. Re:Yeah, no by ShanghaiBill · · Score: 4, Insightful

    Even countries like Germany are having a hard time moving away from coal

    Solar doesn't work well in Germany because it is about as cloudy as the Bering Sea. They should import solar from sunny places like Spain.

    CO2 is a global problem. Solutions don't have to be localized.

  5. Don't believe everything you read on /. by Crashmarik · · Score: 4, Informative

    Well coal's future may be uncertain but wishful thinking on the internet will likely outlive us all.

    https://www.forbes.com/sites/j...

    Globally, coal is even more alive. "Think the Big Banks Have Abandoned Coal? Think Again." Even a solar magazine admits: "China to add 259 GW of coal capacity, satellite imagery shows." For reference, 259 GW is more than twice the amount of power capacity that mighty Texas has FROM ALL SOURCES.

    Now Asia - which accounts for close to 80% of total global coal usage - is increasingly turning to the U.S. to supply coal. We are still the world's third largest coal producer. The U.S. supplies both types, met coal to produce steel and steam coal to produce electricity. "U.S. coal exports increased by 61% in 2017 as exports to Asia more than doubled."

    The U.S. has a 360-year supply of coal to bolster our expanding export market. The trade war with the U.S. however, could have China looking to expand domestic supply, and the country's coal production caps have been found to be "technically infeasible."

    The fact is that both China (65%) and India (75%) are hugely dependent upon coal-based electricity, which will be needed in even bigger quantities to lift their low Human Development Index closer to those in the West, where universal electricity access has more people living better and longer. Can you really blame them? "The Statistical Connection Between Electricity and Human Development."

  6. Re:Yeah, no by 110010001000 · · Score: 3, Informative

    Solar works great in Germany. In fact Germany is fifth in installed solar capacity. Not sure what you are talking about. But Germany still loves their coal. That is why they have been increasing their carbon output.

  7. Geopolitics by tambo · · Score: 4, Interesting
    Let's not forget the obvious geopolitical angle: The U.S. has positioned itself on a path contrary to the entire rest of the world by dropping renewables and doubling down on fossil fuels. By choosing renewables, China can position itself on the international stage as taking the high road - and then bash the U.S. incessantly, with support from the rest of the world.

    The U.S. will eventually change its mind (as soon as it can change its administration to one that's actually responsible), and then it will have to struggle to catch up. China can also exploit its enormous head start, both for profit and for strategic leverage - including inserting espionage equipment into renewable devices sold to the the U.S.

    It may well take the U.S. a decade or more to catch up, including still more deficit spending. The U.S. may well find itself unable to recover, and may even experience energy shortages if it cannot get the renewable tech it needs. The end result may be a significant shift of political power among first-world nations.

    --
    Computer over. Virus = very yes.
    1. Re:Geopolitics by blindseer · · Score: 3, Insightful

      By choosing renewables, China can position itself on the international stage as taking the high road - and then bash the U.S. incessantly, with support from the rest of the world.

      The USA is bashed incessantly already, how does this "taking the high road" change anything?

      The U.S. will eventually change its mind (as soon as it can change its administration to one that's actually responsible), and then it will have to struggle to catch up.

      Catch up to what? Reducing their CO2 output? The USA has already been doing far better on this than many other nations in the world, and they aren't even trying.

      The U.S. may well find itself unable to recover, and may even experience energy shortages if it cannot get the renewable tech it needs.

      How in the hell would the USA experience energy shortages? The USA already exports coal. If the USA isn't a net exporter of oil by now it will be one soon, same for natural gas. Nuclear power output has been growing even though few nuclear reactors have been built in the last 40 years. Upgrades and improved techniques have allowed for greater and greater output from the existing fleet of nuclear power plants. There's been a rough restart of building new nuclear power reactors but it's fairly certain that this will be resolved shortly and more new power reactors will be coming online soon. The wind industry is doing well. The USA will not run out of energy any time soon, even if nations like China want to get in a trade war.

      The end result may be a significant shift of political power among first-world nations.

      It's quite possible that there could be a shift in political dominance. What is unlikely to cause such a shift is China getting some kind of monopoly on solar panels.

      --
      I am armed because I am free. I am free because I am armed.
  8. Re:75% worlds population goes first by BeaverCleaver · · Score: 5, Informative

    We're 40 years on from the pollution crisis media induced panic and all of those 'in the next 5 years' predictions haven't come true.....

    In those 40 years we have phased out leaded petrol, leaded paint, chlorofluorocarbons, and polychlorinated biphenyls (PCBs) to name just a few. We are still seeing the effects of these, despite them being banned for decades.

    So the "crisis" has been reduced, but not eliminated. And it has been reduced because we did something about it, not because the media induced a panic. If anything, the media raised awareness so that we would act.

  9. Re:Yeah, no by angel'o'sphere · · Score: 5, Informative

    is because rooftops everywhere are pretty much covered with PV cells.
    It is not even 1% of rooftops that are covered with solar cells, probably not even a half a percent.

    The cost to recoup the initial costs are over a period of 20-30 years(the pv panel life is around 25 years).
    No idea about the already existing plants.

    However, if I invest now 10,000 into a roof top solar plant with battery storage and join a virtual power plant for reserve power/balancing power, I will earn over a course of 20 years 10,000. Earn! Not safe in costs, but earn!

    Your idea about costs of solar panels are completely outdated.

    (the pv panel life is around 25 years)
    The warranty is 30 years. They basically live for ever. No idea where this retarded "panel life is _" comes from. If it does not get destroyed by hail (and for that you need a big bunch of hail) ripped from the roof by an Orkan (that are our Hurricanes) burned or has rotting connections because of a bad day during manufactoring: they hold for ever. Sure they degrade ... but that stops around 80% original peak capacity.

    This is reposted and repeated on /. so often since 10 or more years: it should be common knowledge by now.

    --
    Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
  10. Re:No this is the result of no nuclear dumb policy by vakuona · · Score: 4, Insightful

    Um, no.

    Baseload exists because electricity demand is fairly predictable. You could draw a line under which the electricity demand never falls below which you could always match with baseload, and you could draw "sine waves" of demand which are fairly predictable and solutions can be found to

    It is a lot easier to use baseload overcapacity to do things like pumped hydro to smooth daily demand fluctuations than it is to try and match an unpredictable supply to fluctuating and not completely predictable demand.

    All other things equal, a generation source capable of delivering a consistent supply is better than one which is not able to guarantee consistent supply.

  11. Re:Yeah, no by Rob+Lister · · Score: 3, Informative

    Here's a link that speaks to that
    http://www.nrel.gov/docs/fy12o...
    In a nutshell, absent extreme temps in either direction, today's panels degrade very, very little over 20 years.

    At or near the equator, UV will kill them at about 1-2% a year.
    In very cold wet climates, snowload and wind degrade them about the same.

    That doesn't make them a panacea of course. Non-distributability is the main problem. A tough not to crack.

  12. Re:75% worlds population goes first by DNS-and-BIND · · Score: 3, Interesting

    The media induces panics all the time. Remember in 2011 they scaremongered about nuclear power? Germany got rid of its nuclear plants and is digging for coal. The media induced a panic about DDT and millions have died of malaria as a result. Fear mongering is standard practice for the media and they won't stop because they don't bear the costs of their malfeasance.

    --
    Shutting down free speech with violence isn't fighting fascism. It IS fascism!
  13. Re:75% worlds population goes first by GrumpySteen · · Score: 3, Insightful

    DDT was only banned for agricultural use. It is still available for use in mosquito control in countries that need it.

    The problem is that overuse of DDT allowed mosquitoes to develop a strong resistance to it. Here's a nice study on that topic, but since you won't bother reading it I will quote "We conducted standard insecticide susceptibility testing across western Kenya and found that the Anopheles gambiae mosquito has acquired high resistance to pyrethroids and DDT"

    Put simply, DDT doesn't work well for controlling malaria carrying mosquitoes anymore, and that was not caused by media induced panics about DDT. If anything, the media exposure that lead to banning DDT for all other uses probably prolonged it's usefulness for controlling mosquitoes.