Disclaimer

Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Saturday, December 10, 2016

Denmark: 56% of electricity from renewables

In 2015, Denmark produced 56% of its electricity from renewables:

Higher electricity imports and much higher wind power generation led to a large drop in consumption of coal and other fossil fuels at power plants in 2015. This in turn meant that observed CO2 emissions fell by 6.6% in 2015, and that renewable energy now covers 56% of electricity consumption. These are headlines from Energy Statistics 2015, which were published by the Danish Energy Agency.

(Note (a) that's not 56% of total energy demand, and (b) they're having no issues with grid stability)

[Read more here]


No comments:

Post a Comment