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This is a discussion on Spiritofireland.org - suggests energy independence in five years and much more within the Environment forums, part of the Topical Discussion category on Politics.ie. I first came across the climate change debate around 1978, and the prediction at the time was that Ireland would ...
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| I first came across the climate change debate around 1978, and the prediction at the time was that Ireland would be wetter and warmer, we seem to have once in a hundred years flooding every second year or so these days. The interest in S of I from the west of Ireland has increased many fold over the last few days.
__________________ Regards, Pat Gill My posting name does not indicate my political views labourure or greenure, do not have the same ding. |
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Really? - shows you what a little state with some social cohesion can do! Pity its not more widely known in the world at large. Trumpets should be blown! |
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Christel, We are very confident that the cost benefit analysis of our project will be massively beneficial in environmental and economic terms. Our reservoirs will be within 20 mins walking distance from the sea, where else will the water go if we must release it, down the canal and into the sea. But you see there will be active water management, so these emergencies will be extremely rare if they occur at all.
__________________ Regards, Pat Gill My posting name does not indicate my political views labourure or greenure, do not have the same ding. |
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There have been times where the gas and oil markets have appeared to be linked and at other times those supposed links have been broken. Currently the price for gas is dropping. But wait a second.... the price of oil has been on a strong upward trend for 2009 while gas has been on a downward trend all year. Shurely shome mishtake... The LNG terminal in Shannon is costing €400/500m. LNG is really going to help smooth out any massive fluctuations in gas prices if there is sufficient storage. It would act as a great buffer against the price hikes industry felt last year. |
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| The cost of LNG is related to supply & demand. A tanker of LNG is no different to an oil tanker in that its destination can be changed while its at sea. The terminal at Shannon will help diversify supplies but its not going to reduce the cost of gas. Just as the price we pay for North sea gas is made up of well head cost + transport, so the cost of LNG will be made up of Wellhead + transport + processing. |
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Explain why gas has dropped in price this year. People seem to be failing to grasp the fundamentals of the gas market. The simple fact that there is now a lot of LNG on the market has driven down the overall gas price. Also, the US is not interested in LNG because they have their own sources, thus driving down the price further. LNG was not readily available until this year because there were insufficient transporters shipping this stuff from Qatar. More of these super-gas-tankers are available now and as a result, the market is quite literally being flooded with gas. Of course the market will experience contango, but for people to claim that it will experience this in line with the price of oil are very much mistaken. |
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| We tend to wander off topic probably because we see energy supply as an important problem for the country and this is the main energy debate thread. SoI are proposing a way in which we can address the intermittant nature of wind power when we use it to generate electricity. We are too dependent on fossil fuels for generating electricity and the present policy of one off windmills does nothing to address that problem. We will still have a demand for oil & gas for the foreseeable future but we need to use the present recession to diversify so that we are not crippled when prices rise again. |
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