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The Elites Directing The Energy Transition Really Have No Idea What They Are Doing
Manhattan Contrarian ^ | 6 Sep, 2023 | Francis Menton

Posted on 09/08/2023 4:34:16 AM PDT by MtnClimber

We are on our way to Net Zero by 2050. It must be true because everybody says so. The entire $6+ trillion per year federal government is committed to the project, which obviously would not be the case if the whole thing were impossible. Equally fully committed are essentially all of the colleges and universities, where all of the smartest people are to be found. As well as every other elite institution of every kind and sort.

Take the World Economic Forum. If there is a number one elitest among all elite institutions, this has to be it. At their annual confab in Davos, Switzerland, they gather the greatest of geniuses to instruct the very top government and business leaders how to run the world. Would you like to go? It will cost you $52,000 to join the organization, and then an additional $19,000 to attend the conference. Chartering a private jet to get you there will cost a few more thousand. Once there, you can hear the very smartest people imparting their thoughts on the most important topics of the day, like “The Great Reset,” “Emerging Technologies,” “Diversity and Inclusions,” and, of course, “The Net Zero Transition.”

Is it possible that these people are completely incompetent and have no idea what they are doing?

A reader has sent me the very latest from the WEF on how the world is going to get to Net Zero. The piece has a date of September 5, 2023, and is titled “How battery energy storage can power us to Net Zero.” The authors are three people from the World Bank, with the lead author being one Amit Jain, who is the Bank’s Energy Storage Program Lead. This is the guy on the receiving end of tens of billions of dollars of government money to pass out to make the energy transition happen throughout the developing world.

Now, it so happens that energy storage is something I know a little about, and in particular about the problem of trying to store enough energy to make an electrical grid work without full dispatchable backup. See my energy storage Report, dated December 1, 2022, at this link.

So let’s take a look at Jain, et al.’s, take on how battery storage will “power us to Net Zero.” First, some excited happy talk:

Across the globe, power systems are experiencing a period of unprecedented change. Low-cost renewable electricity is spreading and there is a growing urgency to boost power system resilience and enhance digitalization. This requires stockpiling renewable energy on a massive scale, notably in developing countries, which makes energy storage fundamental. . . .

Making energy storage systems mainstream in the developing world will be a game changer. Deploying battery energy storage systems will provide more comprehensive access to electricity while enabling much greater use of renewable energy, ultimately helping the world meet its Net Zero decarbonization targets. International organizations and development institutions are leading the way forward to enable this decarbonization. . . .

So OK Amit, how much storage are we talking about here?

In 2022, approximately 192GW (gigawatts) of solar and 75GW of wind were installed globally. However, only 16GW/35GWh (gigawatts per hour) of new storage systems were deployed. A recent International Energy Agencyanalysis finds that although battery energy storage systems have seen strong growth in recent years, grid-scale storage capacity still needs to be scaled up to reach Net Zero Emissions by 2050. . . . To meet our Net Zero ambitions of 2050, annual additions of grid-scale battery energy storage globally must rise to an average of 80 GW annually between now and 2030.

Holy underwear, Batman! Could this guy really not even know what units he’s talking about? Thinking his readers might not understand the abbreviation “GWh” he helpfully defines it as “gigawatts per hour”! Could he really be this clueless? And he had two co-authors to check him!

And then there’s the statement that to meet the 2050 Net Zero ambition, annual deployments of grid-scale batteries “must rise to an average of 80 GW annually.” Of course he is using the wrong units (and undoubtedly does not know that). But let’s give him the benefit of the doubt, and assume that he is talking about the standard batteries available today, which are 4 hour batteries, meaning that 80 GW would provide 320 GWh of storage. If the world would add that much capacity every year from now to 2050, that would come to 8960 GWh of storage. How have Mr. Jain et al. come to the conclusion that this 8960 GWh of storage will be enough to “meet our Net Zero ambitions of 2050”? The piece contains no quantitative analysis or backup of any kind to support the proposition that this amount of storage would be sufficient.

My own energy storage Report does contain backup and calculations, although only for certain countries rather than for the whole world. For example, for the United States, the figures cited in my Report are that it would take some 233,000 GWh of battery storage to fully back up the electrical grid, assuming current levels and patterns of usage. Since the U.S. is about 4% of world population, we can multiply that figure by 25 to get the storage requirement for the world (assuming that the world electrifies to the U.S. level by 2050). The total would be 5,825,000 GWh. In other words, Jain, et al., are off by a factor of about 650, give or take maybe a few hundred.

But it’s OK, because Jain and his colleagues have no skin in this game. They just babble some happy talk to get their hands on a few hundred billions of money from rich governments, and pass it out to build impressive-looking battery projects that are actually next to useless to provide reliable grid electricity. They can be very confident that no one in their circles will ever check the math to see if the numbers add up. When 2050 rolls around and the whole thing doesn’t work, they will be long retired on generous pensions.


TOPICS: Business/Economy; Science; Society
KEYWORDS: greenenergy; netzero
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1 posted on 09/08/2023 4:34:16 AM PDT by MtnClimber
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To: MtnClimber

These “elites” probably have degrees in gender studies and they probably really believe that there are 52 genders.


2 posted on 09/08/2023 4:35:05 AM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

the ‘elites’ know exactly what they want. power!

little people running around with freedom. This is bad.


3 posted on 09/08/2023 4:42:49 AM PDT by z3n (Kakistocracy)
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To: MtnClimber

Oh, I think they know full well exactly what they are doing.


4 posted on 09/08/2023 4:43:30 AM PDT by rlmorel ("If you think tough men are dangerous, just wait until you see what weak men are capable of." JBP)
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To: MtnClimber

Universities are where the smartest people are to be found? I don’t think so. William F. Buckley suggested we would be better off being governed by the first thousand people listed in the white pages of the Boston phone book. For me, that goes for college graduates as well. It’s the Dunning-Kruger effect perfectly illustrated.


5 posted on 09/08/2023 4:43:43 AM PDT by Spok (Trust your instincts, but never your emotions.)
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To: MtnClimber

They do know what they are doing. What they are doing is not what they say they are doing.


6 posted on 09/08/2023 4:45:00 AM PDT by KrisKrinkle (c)
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To: MtnClimber

This is all just a slight variation on “The Emperor has no Clothes” parable. Except that we are gambling with the future of civilization.

Assuming we are even able to pull this off, how long will all this battery power last? Electric car batteries tend not to last more than 8 years, but which time they lost more than 30% of their storage capacity. And how will we dispose of it?


7 posted on 09/08/2023 4:55:13 AM PDT by rbg81
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To: z3n
the ‘elites’ know exactly what they want. power!

What is it?!? Some people regard power over others as a drug. They cannot get enough. Like an addict, they will lie, cheat, steal, prostitute and connive to get one more fix.

8 posted on 09/08/2023 5:00:29 AM PDT by VRW Conspirator (Socialism should more accurately be called Sociopathism)
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To: MtnClimber

Do not believe they do not know what they are doing.

What they are doing will result in the deaths of billions of people as a lack of power cripples humanity and leaves them no food, no energy to produce it, and the standard of living common to pre-industrial ages.

Now listen to them tell you how important it is to reduce the population of humanity to what it was 500 years ago.

The destruction is intentional.


9 posted on 09/08/2023 5:02:50 AM PDT by Maelstrom (To prevent misinterpretation or abuse of the Constitution:The Bill of Rights limits government power)
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To: rbg81

It doesn’t work.

It isn’t supposed to.

It’s supposed to depopulate the planet.


10 posted on 09/08/2023 5:03:45 AM PDT by Maelstrom (To prevent misinterpretation or abuse of the Constitution:The Bill of Rights limits government power)
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To: Maelstrom
“The destruction is intentional.”

Yes they want power .. just not the kind that lights a light bulb.

I think we should just run a power cord to the sun ...
makes as much sense as what they want to do.

11 posted on 09/08/2023 5:10:59 AM PDT by 1of10 (be vigilant , be strong, be safe, be 1 of 10 .)
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To: MtnClimber

The elites know EXACTLY what they’re doing.

Long ago, the elites DID NOT know what they were doing - so they trusted the experts and because of that, we got the excellent energy grid we have today.

But now they FULLY UNDERSTAND what they are doing, otherwise they wouldn’t know how to tear down our grid, as they are doing now.

BUT the idea is to keep us thinking they’re dumb, and all they need is to be ‘guided’ towards the enlightenment...rather than to be THROWN IN JAIL.


12 posted on 09/08/2023 5:36:43 AM PDT by BobL (I eat at McDonald's and shop at Walmart, I just don't tell anyone)
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To: MtnClimber

They will understand soon enough. Operation Snowball.


13 posted on 09/08/2023 5:43:21 AM PDT by Highest Authority (DemonRats are pure EVIL)
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To: rlmorel

Agreed. The elites know what they’re doing ... except the part where they think they’re God.


14 posted on 09/08/2023 5:51:45 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Spok
"It’s the Dunning-Kruger effect perfectly illustrated."

It occurs to me that the Dunning-Kruger effect is likely much more common today than it was years ago, because universities and grade schools are telling everyone that they're all exceptional, even brilliant, when in reality, the vast majority are utterly ignorant morons.

No grades (or grades inflated to the point of being meaningless), everyone gets a trophy, etc. Entire generations of supposedly "educated" people who know almost nothing of any practical worth, and who possess zero critical thinking ability. It is dangerous to give any power/authority to such people, which is why the world is the way it is today.

15 posted on 09/08/2023 5:55:00 AM PDT by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell>)
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To: MtnClimber

.


16 posted on 09/08/2023 6:01:26 AM PDT by sauropod (I will stand for truth even if I stand alone.)
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To: Spok
I found some old sci-fi books written in the 50's, 60's and 70's, and one thing that came through loud and clear is that the bigger the institution, the less likely it was to be competent.

There was a reason why we were taught not to trust the government - they screwed things up royally, never knowing or caring why or how they failed.

Does no one in these hallowed halls (especially at MIT) remember a short story written by Arthur C Clarke, Superiority?

The next time someone posits that our CDC knows all, I will utter the word "Thaliomide", and see if they have enough sense to shut up.

17 posted on 09/08/2023 6:02:23 AM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: rlmorel
Oh, I think they know full well exactly what they are doing.

What's going to do for them is the Unintended Consequences.

18 posted on 09/08/2023 6:06:35 AM PDT by Chad C. Mulligan
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To: MtnClimber

NETZERO Starvation is Coming. And, they will blame it on Climate Change!


19 posted on 09/08/2023 6:18:23 AM PDT by MMusson
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To: MtnClimber

In reality they know exactly what they’re doing. Their mission is the transfer of most of the world’s wealth to themselves along with the associated power and control. No matter the outcome, this will not end well for anyone.


20 posted on 09/08/2023 6:22:49 AM PDT by Rlsau1
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