Author Topic: Russians will not supply gas for free.  (Read 2593 times)

hutch--

  • Administrator
  • Member
  • ******
  • Posts: 10031
  • Mnemonic Driven API Grinder
    • The MASM32 SDK
Russians will not supply gas for free.
« on: April 01, 2022, 11:20:12 AM »
Putin says Russia will enforce rouble payments for gas from Friday

https://www.youtube.com/watch?v=tfgCokTxemM

I guess Europe cannot have it both ways, freeze their assetts, sanction their banks but only make payments in Euros that Russia cannot access due to sanctions. Looks like many important industries in Europe that depend on energy will have to shut down.

hutch at movsd dot com
http://www.masm32.com    :biggrin:  :skrewy:

jj2007

  • Member
  • *****
  • Posts: 13336
  • Assembly is fun ;-)
    • MasmBasic
Re: Russians will not supply gas for free.
« Reply #1 on: April 01, 2022, 11:31:20 AM »
It's a showdown, and so far it's not clear who will be the winner.

If Putin "wins", Europe will buy expensive U.S. fracking gas, and invest heavily in wind and solar. Putin will lose revenue, which he needs right now. In some years, he will have built a pipeline to China, but can he wait for so long? Besides, a boost for renewables will push their prices further down, which might push coal, oil and gas completely into obsolescence.

If Putin "loses", Europe will continue to buy Russian gas at slightly higher prices than usual - so he wins, and Biden loses.

I guess they'll find an agreement that makes Putin "lose" without losing his face. He can't afford to win this showdown.

hutch--

  • Administrator
  • Member
  • ******
  • Posts: 10031
  • Mnemonic Driven API Grinder
    • The MASM32 SDK
Re: Russians will not supply gas for free.
« Reply #2 on: April 01, 2022, 12:17:49 PM »
I would not hold your breath on renewables providing industrial scale power to European manufacturers any time soon. There are many European manufacturers in important industries at risk if Europe does not blink and stop trying to bludge Russian gas while blocking their access to payments made in non rouble currencies.

It seems to be a common analysis that US control of European economic and foreign policy is shooting Europe in the foot and is a case of the US exploiting Europe for their own gain of overpriced energy and the continued proxy attacks on Russia in the hope of regime change is not something that anyone should hold their breath waiting for either.

Russia's response appears to be incredibly damaging to the economies that depend on their product supply chains and by reading around today, no roubles, no product supplies. Glad I live in OZ.
hutch at movsd dot com
http://www.masm32.com    :biggrin:  :skrewy:

José Roca

  • Member
  • **
  • Posts: 181
Re: Russians will not supply gas for free.
« Reply #3 on: April 01, 2022, 01:08:44 PM »
> Glad I live in OZ.

Be careful with China. The Chinese have made a deal with Solomon Islands. They are approaching Australia.

hutch--

  • Administrator
  • Member
  • ******
  • Posts: 10031
  • Mnemonic Driven API Grinder
    • The MASM32 SDK
Re: Russians will not supply gas for free.
« Reply #4 on: April 01, 2022, 01:47:20 PM »
 :biggrin:

We know that.  :cool:

Strange how major powers are interested in taking over countries with massive resources.  :wink2:
hutch at movsd dot com
http://www.masm32.com    :biggrin:  :skrewy:

José Roca

  • Member
  • **
  • Posts: 181
Re: Russians will not supply gas for free.
« Reply #5 on: April 01, 2022, 01:55:43 PM »
They need resources in its way to become superpowers.

Russia is on its way to become a Chinese vassal.

hutch--

  • Administrator
  • Member
  • ******
  • Posts: 10031
  • Mnemonic Driven API Grinder
    • The MASM32 SDK
Re: Russians will not supply gas for free.
« Reply #6 on: April 01, 2022, 02:44:10 PM »
 :biggrin:

The Chinese are already a super power and like any great power, appear to be willing to try and throw their weight around. They tried it on Australia with tantrums and trade boycotts, so Australia just found other markets and like anyone who tried to apply sanctions, it has hurt their economy far more than ours.

Europe as a vassal of the US are just starting find this out. You are lucky in that you gas supply comes from northern Africa so you won't have to pay the price of expensive US fracked gas.
hutch at movsd dot com
http://www.masm32.com    :biggrin:  :skrewy:

José Roca

  • Member
  • **
  • Posts: 181
Re: Russians will not supply gas for free.
« Reply #7 on: April 01, 2022, 03:26:38 PM »
In fact, we already import more gas from the US that from Algeria, because Algeria closed last year the pipeline that passed through Morocco, reducing the amount of gas that they can export to Spain for the time being. But the future seems to be the green hydrogen.

hutch--

  • Administrator
  • Member
  • ******
  • Posts: 10031
  • Mnemonic Driven API Grinder
    • The MASM32 SDK
Re: Russians will not supply gas for free.
« Reply #8 on: April 01, 2022, 06:52:07 PM »
That is unfortunate as US gas is expensive but I have seen video of a very large solar plant in Spain that used molten salt and a focused array of mirrors. Don't know if its still going but it looked like a decent solution to clean power.
hutch at movsd dot com
http://www.masm32.com    :biggrin:  :skrewy:

jj2007

  • Member
  • *****
  • Posts: 13336
  • Assembly is fun ;-)
    • MasmBasic
Re: Russians will not supply gas for free.
« Reply #9 on: April 01, 2022, 07:13:22 PM »
I would not hold your breath on renewables providing industrial scale power to European manufacturers any time soon.

If "any time soon" means "in the next 3 years", right. But the current crisis is a big push for wind & solar, meaning that it will become a big business that will throw coal and nuclear out of the market. This process can't be stopped any more, see below.



In fact, we already import more gas from the US that from Algeria, because Algeria closed last year the pipeline that passed through Morocco, reducing the amount of gas that they can export to Spain for the time being. But the future seems to be the green hydrogen.

The overall efficiency of green hydrogen is horrible - maybe ok for a niche market, like aviation fuel, but not for general use. They will find better solutions to bring solar and wind electricity to the client. Of course, Northern Africa has a huge potential for solar energy production. Transport and political stability are the key factors.

caballero

  • Member
  • *****
  • Posts: 2039
  • Matrix - Noah
    • abre ojos ensamblador
Re: Russians will not supply gas for free.
« Reply #10 on: April 01, 2022, 08:26:07 PM »
It is curious that you speak of renewable energies as the panacea that will cure everything, but there are experts who assure that they will not allow the pace of life that we currently have. That is, you cannot change fossil fuels for renewables and that's it. According to some experts, the solution is to change our lifestyle, consuming much less.

Which is funny if you think about the amount of money invested in renewable energies, even since the infamous Zapatero, when they were very expensive and inefficient. Everything is window dressing.

When one talks about renewables, it seems that one only focuses on the finished and assembled product and that's it. We do not stop to think about how the necessary hardware for it, the necessary infrastructures or the waste to come has been generated. Neither do the unproductive time intervals where there is no sun and no wind.

Apart from the fact that the manufacture of these devices, in many cases, generates high pollution, fossil fuels are still needed for their manufacture, transport, storage and tuning.

Here is an interesting interview that a car channel does to a scientist dedicated to investigating these things. His point of view is not so optimistic about renewables. He also talks about another disturbing issue, such as the possible shortage of diesel worldwide.

Unfortunately in Spanish, having studied it as an optional language at school.  :skrewy:


https://www.youtube.com/watch?v=g6vMxOBgsMM
The logic of the error is hidden among the most unexpected lines of the program

jj2007

  • Member
  • *****
  • Posts: 13336
  • Assembly is fun ;-)
    • MasmBasic
Re: Russians will not supply gas for free.
« Reply #11 on: April 01, 2022, 10:02:06 PM »
Apart from the fact that the manufacture of these devices, in many cases, generates high pollution, fossil fuels are still needed for their manufacture, transport, storage and tuning.

Sure :cool:

Quote
The research, published in Nature Energy, measures the full lifecycle greenhouse gas emissions of a range of sources of electricity out to 2050. It shows that the carbon footprint of solar, wind and nuclear power are many times lower than coal or gas with carbon capture and storage (CCS). This remains true after accounting for emissions during manufacture, construction and fuel supply.

hutch--

  • Administrator
  • Member
  • ******
  • Posts: 10031
  • Mnemonic Driven API Grinder
    • The MASM32 SDK
Re: Russians will not supply gas for free.
« Reply #12 on: April 01, 2022, 10:36:23 PM »
Interesting enough graph but with the track record so far with renewables, I still would not hold my breath waiting for it to replace coal and nuclear (nookla if you were a fake Texan).

On a sustained basis, nuclear is the cleanest and in the long term, cheapest once the infrastructure gets paid for. The French have proven this point over a long period and the technology has moved on from there.

Notice no French nuclear meltdowns, no tsumanis, just good quality engineering. I am all in favour of well designed renewables but I have no delusions about its performance, useful in sunlight or in a fixed location for wind energy but base load power, won't be any time soon.
hutch at movsd dot com
http://www.masm32.com    :biggrin:  :skrewy:


hutch--

  • Administrator
  • Member
  • ******
  • Posts: 10031
  • Mnemonic Driven API Grinder
    • The MASM32 SDK
Re: Russians will not supply gas for free.
« Reply #14 on: September 28, 2022, 12:35:43 AM »
Interestingly enough, there is a lot of untapped potential in both wave and tides. There are a few places around the world that have plants up and going and it is free of intermittency that solar and wind are plagued by.
hutch at movsd dot com
http://www.masm32.com    :biggrin:  :skrewy: