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Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The Company’s operations are focused on the exploitation of light oil and liquids-rich natural gas conventional and unconventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia. The Company operates through seven geographical segments: Canada, the United States, France, Netherlands, Germany, Ireland, and Australia. In Canada, the Company is a key player in the highly productive Mannville condensate-rich gas play. It holds a 100% working interest in the Wandoo field, offshore Australia.


TSX:VET - Post by User

Comment by Pandoraon Oct 26, 2021 2:41am
95 Views
Post# 34048262

RE:a little lesson for navajojoe from the village

RE:a little lesson for navajojoe from the village
whoLuLu wrote:
navajojoe,
 
"You can use your brain...as you say, but if you don't have the knowledge of the subject you can't see the problems. We are not talking about saving the world with "green energy."
We are talking about the basics of keeping the lights on everyday and night 24/7/365 
 
 
We've had this discussion before. You weren't here that I recall.
There is a big problem with dispatchability with wind and solar. They are not dispatchable.
You then idle power plants that are dispatchable. The more wind and solar you build the more you idle these dispatchable plants.
Power plants are constantly called by the system dispatcher to raise or lower load to match demand. Wind and solar can't do that.
The fewer plants you have to do this the more unstable the system.
If you have a very large nuclear or coal plant trip off....with many other dispatchable plants running you can recover. There is a certain amount of inertia in all the mass of those turbines, along with a governor response to bring the load up. and save the system, possibly from a black out that could take weeks to recover from.
Wind and solar do nothing to help.
The wind doesn't always blow and the sun sets right during peak daily demand. Everyone should see the problem with that.
 
I often multiply a situation to see it more clearly. 
if all electricity is made by power plants that run on coal, ngas, nuclear and hydro....well, we know that can work fine, dependability supplying our needs.
 
If all our electrify is supplied by wind, solar we would not have dependable electricity even daily.
We could add nuclear and battery storage and solve many problems....if we would.
We don't have enough water to add much if any hydro plants.
 
So, for now we need to stabilize the system and keep plenty of ngas plants being built and not shut down too many coal and nuclear plants. Because everybody wants reliable electricity. It would destroy our economy (see current China) if we don't."
 


If the wingnuts get their way and go whole hog on wind and solar they could maybe get up to 25% of our needs -- probably by that being mostly in the windswept mountain bare prairies. What are we doing with the other 75% requirement.

I see another bunch of wingnuts were out sitting on the road to block traffic to Vancouver International Airport today. They want all fossil fuels stopped. Where do they get their education these days - the looney bin? No, a big part of it is the mainstream media -- they can't get through a day without mentioning the perils of "climate change" at least 100 times a day -- and a good percentage of that is by our supposed learned government leaders.

I have been here for 81 years and have lived through 81 years of climate change -- and from that experience I can say there is no "climate crisis". Yes, at some point we will start running out of fossil fuels and we need to transition but I can only hope common sense and logic will steer the way and not the fear and fear mongering that is currently going on. The push by all the "leaders" and all the billionaires to make people think that windmills and solar are the ultimate answer is all a big scam to further enrich themselves. And they know the public at large are so gullible they will swallow anything if enough fear is presented. Just look at the past two years as it has clearly proved that point for them.

I'm too old to be around to see what actually happens but I can tell you wind and solar will not "save the world" but it will sure take your cash and change your good lifestyle - and not for the better.

The 60's to the 90's were possibly the best lifestyle North America has had and by the looks of it maybe ever will have. And I won't even mention the amount of increased stupidity I see in certain segments of our population each day. Again I have to ask -- who taught them?
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