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Bullboard - Stock Discussion Forum 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... see more

TSX:VET - Post Discussion

Vermilion Energy Inc > a little lesson for navajojoe from the village
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Post by whoLuLu on Oct 25, 2021 5:11pm

a little lesson for navajojoe from the village

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."
 
Comment by Oldnagger on Oct 26, 2021 1:05am
Very good article, 3 things however 1) there are still lots of areas that can be dammed, but the same environmentalists who block oil projects will block dam projects also. There is excess capacity available at Niagara Falls, but no one is talking about using it. So save the planet at all costs but Not at costs that affect me. Welcome to the ME society. 2) Battery stoage for power grids is not ...more  
Comment by Pandora on Oct 26, 2021 2:41am
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 ...more  
Comment by navajojoe on Oct 26, 2021 8:31am
This post has been removed in accordance with Community Policy
Comment by geemonet on Oct 26, 2021 10:48am
I dunno man. Tinder is pretty sweet.... 
Comment by Pandora on Oct 26, 2021 10:51am
I can certainly agree with that - social media being the single biggest destruction force ever.
Comment by Oldnagger on Oct 26, 2021 8:37am
It seems the Climate change issue has metamorphised into a new religion. Just like traditional religions it will be around a long time, probably even after the last ounce of hydrocarbons has been burnt. That leaves us two choices, Fight or Flight.I have made up my mind . I will be leaving soon for my Private Tropical Island paradise in the Beaufort Sea !!
Comment by Pandora on Oct 26, 2021 10:53am
Be sure to take your parka! Just in case the "climate experts", like the weatherman, just might be wrong.
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