.As we await further developments on a story that broke rather gently late yesterday with news that the Nord Stream 2 pipeline that carries gas from Russia, under The Baltic Sea to Germany had sprung a leak, it is starting to become clear that the leak, now known to be several large holes in both the Nord Stream 1 and 2 pipelines was an act of sabotage. Seismic monitoring agencies in Sweden and Denmark report several large explosions on the seabed around the pipelines, the biggest of which were powerful enough to register on the Richter scale.
Speculation about who might be responsible for the attacks began immediately, with most fingers pointing at Russia. However it is hard to see what The Kremlin could have to gain by blowing its own pipelines when they could simply shut off the inlet valves. Ukraine was mentioned but again what is the motive? If the Kiev regime wanted to cut gas supplies to Europe, there is very little flowing through the Nord Stream ducts at present, and Ukraine has fully operational pipelines running overland through its own territory from the Caspian to The Balkans, a much easier target. And with Europe in an energy crisis partly due to Russia reducing gas flows it is difficult to understand how any EU member coud see an advantage in shooting itself and fellow member in the foot.
On the upside Britain has been reducing its dependence on imported gas since April this year, according to industry association Offshore Energies UK. Neptune Energy has started drilling a 10th production well at the Cygnus gas field and other North Sea gas well are being recommissioned. North sea gas production is already up 25% on 2021's figure.
As we reported yesterday the newly installed government under Prime Minister Liz has been looking to strengthen the UK’s energy security by improving the availability of reliable domestic supplies of energy after cutting its energy links with Russia.
July, gas accounted for 44% of the UK’s electricity generation, OEUK
added. But the association warned that the higher domestic production
can only be sustained with continued investment in oil and gas reserves. This has triggered much wailing and gnashing of teeth from the the Green loons of course, but it is gratifying to see that the government is putting the interests of the majority ahead of the delicate sensibilitites of this noisy but insignificant majority
The 3.5 Billion cubic metres added to UK gas supplies came partly from new fields coming onstream in the southern North Sea earlier this year, such as Harbour’s Tolmount and IOG’s Saturn Banks project. But there was also a reduction in planned downtime for working rigs due to the extent of work completed in 2021, with companies focused on plant uptime to maximize energy supply.
OEUK (Offshore Energy UK) commented that the current energy supply crisis demonstrates the challenges countries face if oil and gas production declines more rapidly than demand, also pointing out that renewable electricity generation and hydrogen are not yet available at the scale required to supply baseload.
Mike Tholen, OEUK sustainability director, said, "UK gas producers have already ramped up domestic supplies by 26% in the first half of this year compared to the same period last year. The massive increase in our support for the UK’s gas needs can only be sustained by substantial ongoing investment from gas producer companies.
"If we are to continue our efforts to protect UK gas supplies, which remains the backbone of our energy mix for electricity, heating and industrial processes, we need politicians of all parties to support energy produced here in the UK with all the benefits that brings for taxes, energy security and jobs.”
Now we only need the government to commit to building a chain of Rolls Royce mini - nukes instead of throwing more money at useless windmills, and we are well on the way to turning round our industrial decline.
The UK government is putting plans together for days of organised blackouts this winter, in what they call a "reasonable worst-case scenario" for energy shortages, according to reports in manstream media. Naturally they are blaming this on the embargo on importing gas from Russia but in reality Britain has never imported any more than a small amout of its gas from Russia. The real reason politicians and energy company CEOs are panicking is entirely due to their obession with obtaining all our energy from intermittent sources like wind and sunshine ...
Is Russia Selling Its Oil To The World Through An Obscure Egyptian Port?
As this blog predicted when NATO and EU member states shot themselves in the foot by reacting to Russia's invasion of Ukraine with sanctions that prevented Russia from selling oil, gas and vital raw materials to the countries that needed them most, the NATO and EU member states, the Russians have had no problems finding alternative customers for their gas and oil and no problem getting oil into the world's commodity markets through the back door.
UK Households Are Paying Wind Turbine Owners To Not Generate Electricity
On another near windless day here in the United Kingdom, Boggart Blog came across a very interesting piece if news. According to figures published by the business and management consultancy LCP, british taxpayers have been paying operators of wind turbines farms for the time their windmills were NOT generating electricity increased to record levels last year ...
"Our Country Is Facing The Biggest Crisis The Crisis We Ever Had": German Employers' Association Warns Over Russian Gas Cut
With the Nord Stream 1 pipeline closed for maintenance, with the possibility that President Putin will not allow it to reopen at the end of the scheduled 10 days downtime in retaliation for the EU's continued support or Ukraine in their conflict with Russia, Germany is facing an unprecedented crisis that could erase the prosperity Germans have grown accustomed to, warned Rainer Dulger, head of the Confederation of German Employers’ Associations.
SunEdison Plummets On Imminent Bankruptcy; Axiom Sees "The Beginning Of The End" And 85% More DownsideAnother item in the 'legacy' Barack Hussein Obama plannede to leave the world looks like going down the pan as a solar energy hedge fund he backed with $$$hugenumbers of taxpayers money prepares for bankruptcy.
Shale Gas Salvation? Frack Off ....
A few months ago, before the June oil prices crash, the US oil industry was ebullient. "It is too late for OPEC to stop the shale revolution", industry pundits squawked, "OPEC can’t stop the shale industry" – screamed banner headlines in the usually restrained financial press. But if a week is a lon=g time in politics, three months is eternity in the oil business.
IMF Attempts to Hide True Cost of Renewables
A new report ffrom the International Monetary Fund (IMF) claims Fossil fuel companies are benefiting from a global subsidy of £3.4 trillion a year. The figure dwarfs that of government handouts aimed at encouraging investors to put money into unprofitable renewable energy sources such as wind turbines. Total subsidies for renewables are stated to amount to £77 billion a year.
House battery to store energy will 'change entire infrastructure of the world' - or maybe not
Another costly new product hailed as a breakthough in technology, this time a clutching-at-straws exercise from the failing electric car company Tesla, completely fails to live up to the hype under scrutiny. Hailed as a super battery, a mjor advance in battery technology that will change the world to store power for a household, it turns out to be nothing more than a streamined car battery. It will run the average home for about 2 hours.
Researchers Discover How to Use Living Plants to Generate Electricity.
Most of the hyped green energy solutions to generate electricity from wind or sunshine are so obviously flawed the only thing that makes them economically viable is that governments offer huge subsidies to generators. This in turn makes the sustainables so expensive that consumers cannot afford the intermittent energy they produce.
Renewable Energy: So Useless That Even Green Loons At Google Have Given up on it
The sandal wearing, tree hugging, bearded puritans call it "renewable energy", the zealots of the Church Of Scienceology call it sustainable energy, those with smarter heads on their shoulder call it "alternative energy" because that's what it really is: an alternative to energy that actually works (eg nuclear and anything made from cabon-rich fuel from organic matter laid down in pre-history and left to brew for a few hundred million years.)
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