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krobbn

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Energy Trading

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living-in-the-past.com 3y ago

Living in the Past

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en.wikipedia.org 4y ago

International Fixed Calendar

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www.nytimes.com 4y ago

P.J. O’Rourke, Conservative Political Satirist, Dies at 74

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7pts0
www.bloomberg.com 4y ago

American Airlines Sues the Points Guy over Its Rewards Management App

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www.ft.com 4y ago

Ozy Media reverses course and will remain open, founder declares

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tmagazine.blogs.nytimes.com 4y ago

London’s Best and Most Secretive Address (2013)

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www.rollingstone.com 4y ago

ZZ Top Bassist Dusty Hill Dead at 72

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peterattiamd.com 4y ago

A new frontier for early cancer detection? Discussing the GRAIL blood test

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jonathanweisberg.org 5y ago

Odds and Ends, Introducing Probability and Decision with a Visual Emphasis

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www.newyorker.com 5y ago

The Demon Core and the Strange Death of Louis Slotin

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5pts1
www.ft.com 5y ago

‘There will be shocks’: Yngve Slyngstad, Norway’s $1tn man

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www.wired.com 6y ago

Apple Threatens to Move Basecamp's New Email App to Trash

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www.wsj.com 6y ago

Trump to Bar Immigration for Family of U.S. Citizens, Foreign Workers for 60 Day

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www.nytimes.com 6y ago

Roger Federer as Religious Experience by David Foster Wallace

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www.youtube.com 6y ago

WFLA NOW: Clearwater Beach packed amid 'social distancing' for coronavirus

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www.cnn.com 6y ago

James Lipton, longtime host of 'Inside the Actors Studio,' has died at 93

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www.wsj.com 6y ago

To Store the Wind and Sun, Energy Startups Look to Gravity

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www.wsj.com 7y ago

Texas Showdown Flares Up over Natural-Gas Waste

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www.cnbc.com 7y ago

Mnuchin: US has ‘serious concerns’ that FBs Libra could be misused by terrorists

krobbn
4pts2

"Gas costs €35 per mwh for delivery today, but €110 for a guaranteed shipment in December and €142 for one in February, once heaters turn on."

The market is in contago, if you can find a way to store the gas you can make money buying today and delivering in Dec/Jan/Feb.

You could even take delivery in December if you can find storage and sell in Feb and lock in a spread of $32 today. This is the reason you're seeing so many LNG ships outside the coast of western Europe.

Think of it this way, if another company announces they're planning to buy a publicly traded company, what happens to the value of the shares?

The price goes up, you've just made it more expensive for yourself to take over the network.

If you were to attempt to take over you'd be better to do so in silence. However, it would be hard to hide that kind of control and wealth when every information on the network is publicly available.

Computing power is just a proxy for capital/resources. Why not be more efficient and use the capital directly and save power in the meanwhile.

Current market cap of ETH is ~$324B, thus getting 50.1% of ETH would require $162.3B in capital. However, as soon as you start acquiring ETH the price will increase, especially at those large volumes.

It would be insanely hard to come up with enough resources to buy enough ETH in a POS world to take over the network. Never mind the fact that as soon as it's become evident you've taken over the network the value of the network is essentially worthless and you've just destroyed billions of dollars worth of capital in the process.

Nuclear is dispatchable, wind and solar isn't. There is still a chance for a future of nuclear but its more a political game at this point.

We currently use natural gas for this flexibility, which is better than coal, but still a big polluter.

I don't think there is an easy way to disinfect it, maybe wipe it down with some lysol wipes if you have some. I guess your best bet is to just wash your hands thoroughly after going grocery shopping, and before and after eating.

Norway taxes petroleum extraction at 78% effective rate as well which primarily goes into the sovereign wealth fund, but also helps subsidize renewables. Norway has also invested heavily in trying to keep the rainforests from being torn down. They're at least trying something, and trying to encourage their own population to become greener, through things like little to no taxes on electric vehicle use, public transit, and so forth.

Not as bad as NYC building a 333 mile, $3B transmission line to get hydro power supplied from Canada.

Rather than spending $3B to build out wind or other renewable power locally.