05.12.2022 (128 Clicks)
Lack of Energy Storage makes Renewables-only Grids a Pipedream

A new paper published by the Global Warming Policy Foundation warns that renewable energy policies being pursued around the world are unrealistic.
That’s because renewables-only grids require large amounts of electricity storage to make them viable. However, the world currently lacks any power storage technology that is both affordable and scalable.
As the paper’s author, Francis Menton explains: “The amount of storage required is very large – perhaps as much as two months’ of average demand. The cost then becomes absurd: you could spend all of your GDP on batteries every year, and it would still not be enough. Hydrogen is better, but is still astonishingly expensive, because it’s so inefficient”.
In one of Mr Menton’s estimates, the cost of providing lithium ion batteries for a grid could be more than ten times GDP. Moreover, because the batteries wear out, the expenditure would need to be repeated every few years.
Despite this, policymakers are ploughing ahead with deployment of wind and solar, hoping that scientists will come up with something to save the day.
GWPF Director, Dr Benny Peiser said: “The skyrocketing prices in UK electricity markets in recent days are a warning. Without economic forms of electricity storage, a drive for renewables is going to end very badly for consumers.”
Source: Global Warming Policy Foundation
Francis Menton: The Energy Storage Conundrum (pdf)
#Global Warming Policy Foundation #energy storage #global warming #renewables #hydropower #hydropower plant #Mining #Energy #Caverns #Hydrogen #environment protection #Storage caverns







05.12.2022 (143 Clicks)
Glencore reaches Agreement with the Democratic Republic of Congo over past Conduct
Glencore has reached an agreement with the Democratic Republic of Congo (“DRC”) covering all present and future claims arising from any alleged acts of corruption by the Glencore Group in the DRC between 2007 and 2018.
04.12.2022 (211 Clicks)
A Day to Honor Saint Barbara - Patron of Gunners, Miners, and Others who work with Explosives
December fourth is the feast day of Saint Barbara. There is a vivid legend about this saint. Apparently, Saint Barbara was a maiden of great beauty whose father locked her in a tower to remove her from many ardent suitors who were not to his liking. He also wanted keep her from indulging in a habit of constantly helping the poor.
02.12.2022 (167 Clicks)
Fugro supports coastal resilience in Texas and Louisiana through NOAA contracts
The National Oceanic and Atmospheric Administration (NOAA) has awarded Fugro two mapping projects on the US Gulf Coast to monitor and quantify shoreline change in this flood-prone region.
01.12.2022 (132 Clicks)
Epiroc presents world’s first underground mine truck made using fossil-free steel from SSAB
Epiroc is pioneering a battery-electric underground mine truck prototype made using fossil-free steel from SSAB.
23.12.2022
Focus on Responsibility – from inner Conviction
Taking responsibility as a result of inner conviction – in both private and professional contexts – helps us cope with today’s immense personal and societal challenges.
...#Mining #Tunnelling #Geotechnics #Energy
23.12.2022
Doing well, doing good
The Pula Group has embraced a dynamic model for corporate citizenship that provides a conceptual framework for crafting a strategy for a company “to do well, while doing good”. The model...
#The Pula Group #Mining #environment protection
23.12.2022
The Konrad Nuclear Waste Repository – Renovation and Reconstruction Work in the North Compartment of Shaft Konrad 1
The BGE (Federal Service Company for Radioactive Waste Disposal) is a Peine-based organisation that has been entrusted with the task of converting the former Konrad iron ore mine to serve as a final...
#Bundesgesellschaft für Endlagerung mbH (BGE) #Mining #abandoned mining #repository mining #shaft sinking #Conveyor technology
06.02.2023 -
Indaba 2023
07.02.2023 - 09.02.2023
UCT 2023 - 28th Annual Underground Construction Technology
20.02.2023 - 23.02.2023
GEOAFRICA 2023
26.02.2023 - 01.03.2023
MINEXCHANGE 2023

World’s longest Railway Tunnel Project – supported by innovative Conveyor Digitalisation and reliable Engineering
17. October 2022 (602 Clicks)
The consortium BTC Brennero Tunnel Construction and the Hosch Group jointly delivered on a world-class tunnelling project by combining excellent engineering with the innovative remote monitoring system Hoschiris Discover.
#Brennero Tunnel Construction (BTC) #HOSCH-Foerdertechnik Recklinghausen GmbH #Tunnelling #Traffic tunnels #Conveyor technology #Digitalisation
>> read more >>
RAG-Technikchronik - Buch 1: Technikentwicklung und Forschung der RAG
27. December 2019 (2815 Clicks)
Das Buch 1 "Technikentwicklung und Forschung der RAG" behandelt zusammenfassend die Ergebnisse der Bücher 2 bis 6 und ergänzt um das Thema Lagerstätte aus dem Buch 7. Das Thema „Forschung und Entwicklung“ wird genauso behandelt, wie der Streckenausbau, die Entwicklung der Technikbereiche, die Bergwerksautomatisierung und die Unternehmensdigitalisierung.
#RAG Aktiengesellschaft #Mining #Digitalisation
>> read more >>
12.01.2023 (313 Clicks)
Europe’s largest Deposit of Rare Earth Metals is located in the Kiruna Area
LKAB has identified significant deposits of rare earth elements in the Kiruna...
#LKAB #Mining #Energy #underground mining
>> read more >>
07.01.2023 (203 Clicks)
Masan High-Tech Materials integrates global R&D activities under leadership of H.C. Starck Tungsten Powders
H.C. Starck Tungsten Powders is bringing together the research and developmen...
#H.C. Starck Tungsten GmbH #Mining
>> read more >>
24.01.2023 (196 Clicks)
K + S appointed Dr. Carin-Martina Tröltzsch to the Board of Executive Directors
The Supervisory Board of K+S Aktiengesellschaft has appointed Dr. Carin-Marti...
#K+S AG #Mining #underground mining
>> read more >>
07.01.2023 (177 Clicks)
Implenia wins large and complex tunnelling project in Norway – E03 Boknafjord tunnel
- Joint Venture of Implenia and Stangeland Maskin selected to plan and ...
#Implenia Construction GmbH #Tunnelling #Traffic tunnels
>> read more >>