[RD] Daily Graphs and Charts

[Masada]

but think of the aesthetics of the canberra hills and the parrots* and all those people with headaches!

i didn't want to sound too greeny lol.

- Joe Hockey

 

[Winner]

Energy production in the EU in Tons of Oil Equivalent:

 

[Hygro]

Krugman put this one up a while ago.

It shows how the more you cut your budget to "save money", the more you destroy potential output of real goods and real services.

 

[gay_Aleks]

Energy production in the EU in Tons of Oil Equivalent:

Where does France gets it's oil?

 

[madviking]

france is mostly nuclear but they're converting everything (for some reason) to an equivalent amount of oil.

 

[anyoldguy]

[awesome post]

What is that app?

 

[Borachio]

So, you're saying that Scotland and Ireland are not Britain… Good show! Jolly good show!

You know, as I wrote, I had a funny feeling some kindly nit-picker would point this out.

But I thought 'Meh! I'll write it anyway'.

 

[madviking]

 

[IIHAAETTEAAHII]

france is mostly nuclear but they're converting everything (for some reason) to an equivalent amount of oil.

the reason is that TOE is a common unit in expressing energy usage.

 

[Arwon]

What is that app?

I assume it's what people use to track the Australian National Energy Market in realtime. No idea if it's free or subscription or what, but it would be available from AEMO.

 

[madviking]

the reason is that TOE is a common unit in expressing energy usage.

i personally would use kWh or (M)J

 

[dutchfire]

or eV.

 

[anyoldguy]

Thanks Arwon.

TOE is a common metric for energy consumption because it gives a comparison across energy sources. kWh or MJ don't really give you a tangible thing to compare against.

 

[madviking]

fair enough

 

[classical_hero]

The important thing to note is wind is forecast in advance, so the market knows what conditions are coming. It's another wrinkle of market complexity for the market and generators to factor in, rather than wind being a technical challenge to integrate. The NEM's manager, AEMO, has said wind integration has been successful, secure and low cost.

If that is the case then why do we need a RET and government subsidies to clean energy. If it is the cheaper option then naturally people would want the cheaper option.

Edit. Here is a graph to talk about.

 

[Arwon]

Speeds up the rollout of renewable energy by reducing payback time and helping overcome capital constraints. Which is important to the unalloyed social good of decarbonising our electrity system. We *should* be unabashedly supportive of renewable generation given half our emissions in Australia come from stationary energy.

And as an added bonus the RET is leading to lower bills for consumers. This is according even to the Abbott government's hand picked modellers who were given unrealistically biased assumptions and employed to show the opposite!

This is the impact on the average household electrity bill of RET schemes out to 2030. The biggest savings are from increasing the target, the most costly option is freezing out new entrants (scrapping completely would be more costly still, due to compensation and the like):

What this shows is that the savings from the RET actually outweigh the cost of the scheme due to the depressing of wholesale power prices in the NEM.

Funnily enough the govt so far hasn't released this, and we only know it because this guy tweeted it from the expert group presentation.

 

[Arwon]

OECD released regional wellbeing scores at this website. Here's the top 20 regions out of the 367 regions, done by a simple average of the eight dimensions, posted mainly posted because Canberry #1:

Scores are taken by making the 96th percentile and 4th percentiles equal to 10.0 and 0.0 and plotting all the other values between them.

 

[metatron]

[...]

Scanning the "indicators" as we speek...

There's so much wrong with this... i don't even want to start.
What a complee embarrassment for the producers of this material as well as anyone who uncritically republishes it.

Also:
Yeah, Sweden rocks pretty hard even in the face of massive bias and methodological illiteracy.

 

[Arwon]

I think you're missing the point that Canberry #1.

 

[metatron]

I think you're missing the point that Canberry #1.

Actually most of the biases in that thing apply to Canberra a great deal less than to many of the other "regions".
So: Yay, for you.