30
May
Wrap – Week Ended 05/29/30
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ZLT up 8 of the last 9 weeks. Renewables in the top 5 positions helping to drive that.
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Questions and comments under The Wrap will be addressed in the Monday post.
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There were no trades last week. The Blotter is updated.
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Last week's free stuff:
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Questions about the site may be directed to zman@zmansenergybrain.com
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Housekeeping Watch:
It’s that doldrums time of year. Even though so far the market has failed to “go way in May” things are generally quiet this time of year in energy land. Please use the site. Participate. Ask questions. If I’m left to my own lack of creative devices the site becomes mechanical, I get bored, and a bored Z is a lazy Z. Thanks.
May 31st, 2020 at 10:31 amHi Z
May 31st, 2020 at 3:40 pmI still think that you should take a look at uranium
It is up,over 30% in the last couple of months and with the virus several mines have closed exacerbating the shortfall
In my opinion it is a double or so over the next couple of years with little downsides
John
re 2 – very much on my to do list. Did you know were are over 40% renewables now?
May 31st, 2020 at 4:21 pmRe3
May 31st, 2020 at 10:10 pmYes renewables have a long way to go since excluding hydro they still represent less than 10% in kwhrs
Renewables have a fundamental problem in that they are not « callable » . with batteries they are Usefull fol frequency regulation first and then peak load lopping but as a base load they cannot hack it and all this talk of 100 % renewable is just that « talk « . If you do the calculation for say 72 hrs when the sun doesn’t shine and the wind doesn’t blow the batteries needed are unbelievable in size and environmental footprint
re 4 – they’re not baseload. We’re see a variety of storage options being examined from batteries to pumped hydro to hydrogen.
June 1st, 2020 at 7:03 am