Tag Archives: electricity

Big Oil in the family

We all have moments where we look at the sky and roll our eyes. Today was my moment when I was treated (by the Guardian) to ‘Big oil and gas kept a dirty secret for decades. Now they may pay the price’, in this I start with “Was it really a secret?” You see, we all want to blame someone else for the problems we helped create. And  when the (what I reverently call) the stupid people are bringing about “An unprecedented wave of lawsuits, filed by cities and states across the US, aim to hold the oil and gas industry to account for the environmental devastation caused by fossil fuels – and covering up what they knew along the way”. You see that is is merely one element of stupid. I gave light to ‘Uniform Nameless Entitlement Perforation’ on December 10th 2020 (at https://lawlordtobe.com/2020/12/10/uniform-nameless-entitlement-perforation/), I emphasised on a report by European Environmental Agency (EEA) where. We see that 147 industrial plants create 50% of the pollution, the media seemingly ignored the report I have not see the media go out and bash the nations for these 147 plants, we even had a joke (read: BBC article) by Tim McGrath on how the “Global ‘elite’ will need to slash high-carbon lifestyles”, so how stupid do people need to get?

In case you forgot

This reflects on the now when we see (at https://www.theguardian.com/environment/2021/jun/30/climate-crimes-oil-and-gas-environment) “Coastal cities struggling to keep rising sea levels at bay, midwestern states watching “mega-rains” destroy crops and homes, and fishing communities losing catches to warming waters, are now demanding the oil conglomerates pay damages and take urgent action to reduce further harm from burning fossil fuels”, just when you think that Americans can no longer become any more stupid, we get the next iteration of ‘stupid is as stupid does. Statista shows us that in 1975 the US requires 1.747 BILLION kilowatt hours a year, this went up again and again until that number was well over doubled in 2005 (3.8B KwH), then it roughly stays the same. There was one spike in 2018, yet one source gives us “From 2003 to 2012, weather-related outages doubled”, I personally believe it is not all weather related. I believe that energy delivery hit a saturation point around 2005. This is why the last decade has so many of these failings and outages. Consider that it was not merely oil and gas, it was energy, the underlying need that drives this. If you doubt this you need but to read the entire ENRON scandal papers to get a clue on how it has always about greed and not about big oil and gas. When I see ‘Big Oil and gas’ I personally think it tends to be a hidden jab towards the Middle East. There have been carbon neutral solutions for almost two decades. Yes, they were expensive in the beginning, but how much effort was made to push this? It is about profit margins, it is about cheap and it is about exploitation. Oil and gas check most marks, but are they to blame? We can ignore settings like “In the early 1990s, Kenneth Lay helped to initiate the selling of electricity at market prices and, soon after, Congress approved legislation deregulating the sale of natural gas” that was almost 30 years ago, so how was electricity created? How do we get energy? And why is Congress not in the same accusation dock? Until the late 80’s the idea of Electricity at market prices was a lull and instead of protecting that part, it was left to the needy and the greedy.

So when they have another go at ‘Big Oil’ (to be honest, I have no idea what they are talking about), consider that the drive to have your own car started in the 50’s. Forbes gave us in 2020 ‘Traffic Congestion Costs U.S. Cities Billions Of Dollars Every Year’, which is fine, but that too relies on fuel, so when they gave us “New York had the highest economic losses out of any major U.S. city with congesting costing it $11 billion last year. Los Angeles lost $8.2 billion while Chicago suffered the third-worst impact at $7.6 billion.” And how much fuel is wasted in that setting? Do you want to blame ‘big oil’ for that too? This is a case that will go nowhere, the only thing it enforces is something I will touch on a little later. You see, when we saw the messages on how companies had enough of California, they vacated and left, Texas is such a much better place (it actually might be), and Forbes again gave us in February ‘Texas Energy Crisis Is An Epic Resilience And Leadership Failure, yet how much consideration are we seeing when we get sources feeding us “There are several reasons tech companies shave been moving to Texas – lower housing costs, lower tax rates, less regulations have made it easier for companies to operate in Texas. There is already an abundance of technical talent all over Texas. Any company moving here can tap into a well-experienced talent pool. There is also a well-educated stream of new talent graduating from top schools like Texas, Rice, University of Houston, and Texas A&M.” I am not debating the act, I am fine with the action taken, but when you consider that the following companies moved to Texas, how much of a drain on energy in other places will that give you and when you see the sudden spike in some places requiring a lot more energy, all whilst the other places are not diminishing their offer, because people will always need power, how is ‘Big Oil’ to blame? So lets take a loot at that list and most names moved less then 2 year ago (or are about to move)
Guideline, Contango, Done, Carbon Neutral Energy, Tailift Material Handling, Estrada Hinojosa,  GBS Enterprises, Wedgewood, Verdant Chemical, Ranchland Food, Drive Shack, Invzbl,Markaaz, XR Masters, Elevate Brands, Harmonate, Einride, Green Dot, NRG Energy, Caterpillar,Flex Logix, Leaf Telecommunications, Katapult, Wayfair, Ribbon Communications, BSU Inc, Avetta, First Foundation, 5G LLC, TaskUs, BlockCap, Element Critical, City Shoppe, CrowdStreet, Lalamove, NinjaRMM, Gilad & Gilad, MDC Vacuum, FERA Diagnostics, Roboze, Leadr, SupplyHouse.com, Eleiko, Firehawk Aerospace, International Trademark Association, ZP Better Together, Precision Global Consulting, Loop Insurance, QSAM Biosciences, AHV, Dominion Aesthetics, Sage Integration, Quali, Samsung, Truelytics, Alpha Paw, Sentry Kiosk, ProtectAll, Optimal Elite Management, Ametrine, Digital Realty, Amazing Magnets, Lion Real Estate Group, NeuraLink, Maddox Defense, DZS Inc, The Boring Company, Oracle, Hewlett Packard Enterprise,Tesla, Optym, Longevity Partners, Iron Ox, Palantir, 8VC, Bonchon, Titans of CNC, Saleen Performance Parts, CBRE, Slync.io, Baronte Securities, Omnigo Software, Incora, Vio Security, JDR Cable Systems, FileTrail, Sonim Technologies, Murphy Oil Corp, Buff City Soap, Origin Clear, QuestionPro, SignEasy, Sense, Astura, Charles Schwab, Splunk,  Bill.com, Chip 1 Exchange, McKesson, and Lonza. This is not a complete list and I am not considering (at present) which ones are doing it for all kinds of tax hypes. Now consider how many people will move as well. I get it, California is expensive, but how will this change that represents the population of more than one large city impact the power needs in Texas that is already has it fair share of brownouts, and that is just for starters, how many gas and oil energy producing plants will Texas get? Is ‘Big oil’ to blame, or do they merely offer a commodity that EVERYONE needs? Consider that a powerful computer required a 200 Watt power unit in 1997, today it is 600Watt or even higher. There were roughly 51 million units sold last year alone. I cannot state how the division on laptop and desktop is, but the need for energy is unrelentingly large, how large? Consider all the staff moving to Texas and consider how many more energy issues Texas has in the next two years, that is your marker and ‘Big Oil’ had nothing to do with this. 

So when we reconsider “wave of lawsuits, filed by cities and states across the US”, how many of these claimants voted against wind farms, against solar power and against nuclear power? They did it for all kinds of reasons and we get it, some are expensive and you do not want your children to go to school glowing in the dark (yet in winter that is a case for less accidents), but in all this blaming ‘Big Oil’ is just too ludicrous to mention. So as for a promise earlier in this article. When the US goes on with silly and stupid court cases, how long until the owners of IP and Patents will consider the US to be too dangerous to remain in? Consider that the US has an IP value of $21,000,000,000,000 (trillion), it represents almost 90% of the S&P 500 value, so what do you think happens when a massive slice of that moves to Asia or the Middle East, optionally to Europe? I reckon that over 70% of Wall Street executives are on a floor above the 30th and there is every chance that well over 40% of them will do a (at https://www.youtube.com/watch?v=cEpKcBkkVMY); now consider the stage of blaming the wrong  party. I am not stating that any of the energy delivering components are innocent, yet we are all guilty, in almost every nation. We remained silent when energy prices remained the same (somehow), we have known about alternatives and most people never pushed their politicians, we have known about the dangers of erosion for decades and we see pollution report after report, yet nothing is done. We are all to blame and putting ‘Big Oil and Gas’ in the dock will never ever go anywhere, I reckon that Kenneth Lay set the charter for that. When we realise that we allowed a utility to become profit driven which we clearly get from ‘the selling of electricity at market prices’, we changed a whole range of processes and now that we see the impact we should not cry, we should look into the mirror for blame.

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Dangerous conclusions

We all come to them, conclusions that are shaped in the mind, usually they are based on facts making them speculations, some are based on speculations making them pure delusions, some are in-between and that is the dangerous part, are they visionary, are they speculative delusions? The point is that the writer will see them as visionary, but the writer (even me) is not the best judge in this.

For the exercise I need to grasp back to a story I did recently. ‘Trillion dollar Musk’ was written on December 3rd (at https://lawlordtobe.com/2020/12/03/trillion-dollar-musk/), I there ‘accused’ Elon Musk that his value would skyrocket to $1.2 trillion collars. I also gave the readers “The UK (via the Guardian) inform us of “Britain’s electricity will be in short supply over the next few days after a string of unplanned power plant outages and unusually low wind speeds this week”, the UK has an increasing need for Scandinavian power and soon it cannot be met. I reckon that in the next 2-3 years that shortage will be close to systemic all over the EU”, the stage was set and I still believe that we are 2-3 years away, but are we? Bloomberg (at https://www.bloomberg.com/sponsors/jll/seven-ways-to-retrofit/index.html) gives us ‘7 Ways to Retrofit Buildings for Energy Efficiency’, it is a setting and it is sponsored by JLL, a real-estate and investment firm who gives us “We’re here to create rewarding opportunities and amazing spaces around the globe where people can achieve their ambitions. In doing so, we are building a better tomorrow for our clients, our people and our communities”, I believe that we are about to hit an energy snag, a little sooner than I anticipated. 

So as the JLL gives us 

  1. Upgrade you lighting
  2. Upgrade the HVAC
  3. Optimise Performance
  4. Implement a Waste Strategy
  5. Use Continuous Commissioning
  6. Organize “Treasure Hunts”
  7. Elevator Controls
  8. Added by me: Upgrade kitchens.

Now the Elon Musk battery shows the issues, even as we are now hearing more and more on the need for carbon neutral in commercial buildings, the private places are merely one step away.

Forbes reported in August “At first, the state’s electrical grid operator last night asked customers to voluntarily reduce electricity use. But after power reserves fell to dangerous levels it declared a “Stage 3 emergency” cutting off power to people across the state at 6:30 pm” and this is only the beginning. Elon is about to get a massive increase of value and his wealth might go up well beyond $1.2 trillion. 

It is not limited to California, although they are the most visible one, New York, the United Kingdom, and parts of Europe and Australia will see a drastic need for power sooner rather than later. At that point the rich we can ignore, they will get what they need, the middle income section, that is where the massive gains are made, a lot will add a growing carbon neutral stage with the adapted Tesla battery, the power grid adaptions for lights, Air conditioning, water heaters (boilers), fridges and freezers. There will be a massive option for growth there, the adaptation of AC equipment to DC equipment, a stage where some will buy new stuff and some will need adaption with new power units for both. I came up with a new sort of roof tile, made from recyclable plastics, and each tile will have solar cells, instead of putting panels on top (some will still do that), to tiles where people can grow their power creation stage, two tiles, the highest levels which connects to the second grid and the battery and other tiles that will connect to other tiles and a highest layer tile. The benefit of that is that people do not need to splurge on massive panels, with the battery they get tiles, but it is a basic level, as some need more power more quickly, more sets of tiles can be bought, giving the people months to grow their setting and reduce their carbon footprint. In addition, some will add wind-vanes. It is a stage that is as essential and as clear as traffic jams, we have been increasing power needs with an average of 5% per year. How long did you think that the energy companies could deliver? Consider your fridge, what you had 10 years ago and what you have now. Larger families needing more boiler water and the summers require more and more air conditioning units, all set to a lower temperature burning power away and California can no longer cope with the need. They are the first, but they are not alone. How many devices require a charger? In 1990 that was 1 perhaps 2, now it is 5-8 PER HOUSE, routers, Wifi modules, and the PC went from the ‘high end’ of 300 Watts to the average PC now needing 600-1100 Watts. In 1990 there were less than 700,000,000 globally that were into gaming, now that number is 2,000,000,000 higher (globally), two billion additional devices, the consoles do not use that much, but still 150 watts, times a billion is still a lot, they also need a TV running, now, the TV is actually a massively low energy user if it is a LED flatscreen. But the numbers are not looking good and that is before you realise that PC’s were something a company had in 1990, now, for the most, nearly every employee at every firm has one, there tend to be low energy versions, but they are still there and often they are on day and night. When you see this list and do the numbers, you need to see that energy firms needed to double their options in 2000, that never happened and now they need and alternative and Elon Musk has it, and owns the IP no less.

So is my version so much more visionary because Bloomberg had a sponsored JLL article? I don’t think so, but I believe that awareness is being created at higher levels and we need to catch on sooner rather than later, because the prices of electricity will go up again and again in the next 2 years. Consider your budget and consider your energy costs will go up by 10% in 2021, how much more budget will you not have?

That is the stage I foresaw some time ago, I will let you decide how right or how wrong I am.

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Trillion dollar Musk

I got some questions thrown at me in the last few days, they were pretty much all about me over valuing Elon Musk, but am I? I stated before that in the next 3-4 years his value will increase to roughly $1.2 trillion dollars, or in a less shorthand version $1,200,000,000,000, yes that is where he is heading and he already has most of the IP in his possession to do so. The second part I get is what do I get out of it. Nothing, well, like most I would like a 3.75% commission on the increase with a maximum of €5 B (a man is allowed to dream) and it would amount to less than one percent of his gain, I am not overly filled with confidence I will see a penny, but his increase is almost set in stone. 

Why set in stone?
The UK (via the Guardian) inform us of “Britain’s electricity will be in short supply over the next few days after a string of unplanned power plant outages and unusually low wind speeds this week”, the UK has an increasing need for Scandinavian power and soon it cannot be met. I reckon that in the next 2-3 years that shortage will be close to systemic all over the EU.

Why?
Consider most houses and apartments. Only a decade ago our power needs were not that high, now many houses have more than one gaming console. The fridges are 200%-400% in size, PC’s that had a 300 watt power supply now has a 600-1200 watt supply, if it was one apartment it was a small issue, but this is now covering millions of places all over Europe and millions op places in the US. I reckon that in 3 years the political screaming starts for Carbon Neutral houses and apartments, and Elon Musk has the battery. It is more than the battery, the larger need for an individual solar and wind power base will increase, you see in 2-3 years the power outages will start to really hit, so as infrastructure (like hospitals) will need protection, houses will see power cost go through the roof and political parties will all unite to vie for subsidies on a larger scale and Elon Musk has the larger base of goods. 

Yet he cannot do it alone, DC appliances, like lights is easy and not the larger bulk, yet the fridges, the freezers, the water boilers and heaters, they take up a much larger part and new houses will all be outfitted with carbon neutral settings, as the houses has either via new tiles based on recycled plastic, with the high end having solar cells in the tiles, we will see a growth setting where people have a cell foundation and a growing amount of tiles with solar cells, some will also have wind fans, all generating the house power, all captured in the Musk battery. It will grow slowly, the harder hit area’s first, but it will grow and at some point there will be a near exponential growth for a little while. Germany and France (rural parts) are the most likely area’s, the UK and Belgium. But it will grow into the US as well. Even as the US seems to hide behind “A report by the US Department of Energy site weather-related power outages as the leading cause of power outages in the United States. The report and the Pew research both also acknowledge an aging infrastructure as part of the problem. Some of the US power grid dates back to the earliest onset of electricity”, the actual problem is near systemic, power needs have grown well over 10% annually in the last 5-10 years. Computers, AC systems, larger fridges and the list goes on. TV’s less so, yet in many ig not most households, from 11 Mega Watt a month, we see that many houses are now on 1100-1800 Watt per hour for a larger part of the day, each day and that is starting to add up, as such when the Musk Battery becomes the stretch of time that nations need his value goes through the roof and in that the $1.2T might be a conservative cautious number at present. It is a lot depending on the larger power needs that the EU, UK and US are staging, but the growing need cannot be hidden, even as we see that the weather is ‘apparently’ the larger cause as some claim it, it is not the only cause and when the people see the musk solution as a larger stage for resolving brown out damage, the people will push for that solution as well. So when the GeGaLo Index can no longer supply to the needs the buyers want it, energy prices will quite literally go through the roof and the Musk battery is only one element but it is his IP and it is for too many a solution. 

That is what will soon set the beginning of Elon Musk becoming the first trillionaire, and optionally over time it will make him the first multi trillionaire. I reckon that bad boy Billy Gates never considered being passed to this degree (or would that be bing passed), but I reckon that he will not care. 

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