Transcripts. Bannon's War Room. Dave Walsh: "The Grid is Very Close to Running Out of Electricity". June 29, 2023.
Topic. Energy. Dave Walsh. June 29, 2023
Transcripts from Bannon’s War Room on Rumble: Dave Walsh: "The grid is very very close to running out of electricity"
Published June 29, 2023.
Steve Bannon
29 June, year of our Lord 2023. Welcome for the next couple of hours, you're here riding shotgun with us or actually we're running shotgun with you. I think it's a better way to put it. In the next hour at the top, I'm going to have Mike Davis. Mike Davis going to break down the affirmative action, historic decision today.
Also going to talk about some very disturbing situations with the Justice Department, FBI, out of control rolling up a Catholic priests and going after the Catholic Church and Christians and non-stop while protecting trans radicals and others, disturbing case out of Washington state, we'll get to all that. And also, about all this activity with Comer and everybody where these investigations. Why is everybody just running around now with their hair on fire when we told them six months ago to subpoena people, but hey, Mike Davis is going to be here to explain it all to us. We also got Seb Gorka with us, Congressman Burchett.
I want to start though with the practical. You know we had the Envirocleanse guys on this morning because of Chicago, Dave, I guess forest fires is now, you know, we had New York looking like Mars and Washington DC you could even stay inside because it smelled like smoke, a couple weeks ago. Now, Chicago, Detroit, the Upper Midwest, same situation. How's it going in Texas? The burning... I saw a young guy from, a young boy from Florida, fourteen, with his dad, both of them died down there at Big Bend National Park going up one of those trails with no, you know, no shade, no rock outcrops, no water. And both those guys from Florida, so they must be pretty tough hombres passed away from, I guess, overcome by the heat. What's going in Texas? How's the grid holding up?
Dave Walsh
Well, it's still, it's still very hot. The grid is very, very close to running out of electricity. We got final data in from the 23rd last year. The all time peak from June was reached last year, 76,600 megawatts. This Tuesday capacity or utilization reached 80,600 megawatts, that's the most ever in Texas for the month of June., any day in a month of June in electrical capacity used but here.
Remember from 18 months ago, 20 months ago we've got 4.6 million more people living in Texas. 4,000,000 immigrants who've just come across the border and another 600,000 who have come from California, Oregon, Washington, IL, Minnesota and the like., legitimate transit from within the US.
So, the ballpark is 4.6-4.7 million more people living there than two years ago. So, this utilization of electricity pretty much tracks, yes, the heat, but the enhanced population by nearly 16%- 17% is at the core of bumping up against what are inadequate reserve margins because their system is based on 32% variable energy, and that's mainly wind.
Solar has increased. It's doubled from last year, but that takes them now to 32% of their total energy delivery is variable, meaning the wind is non operable 64% of the time. Solar is non operable 73% of the time.
So that's the core issue. Too much variable resource, not enough base load energy in the system. So, they're very close to running out daily in the last four days. Today, again, a lot of warnings asking for voluntary reduction of use, but no, no emergency decrees yet. But we shouldn't be here. And truth be told we shouldn't be here.
Steve Bannon
Well, the Guardian saying that, but you know opposite of Dave Walsh that what has bailed out to folks in in Texas is solar. What say you?
Dave Walsh
Well, the nominal addition that it's there is not by itself a bad thing but the trouble with it, it only operates about, in Texas, about 26% of the time, about 6.4 hours a day on average in Texas, solar is a validated source of energy to create electricity. And then the other 17 1/2 hours a day it does nothing for you. So no, it's it.
And by the way, the amount of solar has doubled from last year, but what's that mean? I mean, we're still, we're still right at the we're at the .8% from being out of electricity at the present level. We are at the bitter end of the electricity supply being totally used as of Tuesday, 80,600 megawatts out of 81, 100 so the doubling of solar hasn't it hasn't been meaningful.
It's not meaningful because it only operates about 27% of the time and when we get to winter, which again is the next peak solar in the morning from 5:00 to 10:00 in the morning, 9:00 in the morning provides nothing, provides nothing, then. And by the way in the peak now after 5:30 PM, it provides nothing. It has no energy value after 5:30 PM. And in in Dallas, the last few nights, up until midnight, it's been 94-95. 1:00 in the morning about 90-89.
I mean you need a lot of electricity way way after the solar becomes 0 value which is about 5:30 PM. 2/3 of the peak occurs after that. So, no it's got little to do with saving people taxes.
Steve Bannon
What lessons are reasonable people are going to take away from this cause. Texas is bringing jobs now down that are high tech. It's becoming a major industrial power, not just the agriculture, not just, you know, energy resources, entertainment, everything like that, travel, tourism. It's becoming a major industrial power in this country. What's the logic? What lesson are rational people going to take here?
Dave Walsh
Well, let's say rational people with industrial factories, factories, server centers, heavy electricity utilization capacity, whether it's steel, steel making aluminum, small cars, car assembly, whatever, who bring an operation to Texas are like in the third world and we get accustomed to seeing this in my long career supplying power generation systems in the Third World, users will need to bring their own. They'll need to bring generation facilities on site to their factory or their huge warehouse to assure that they have continuous duty power.
Because if you're running CNC programmable machine tools, sensitive electrical systems, computers, service centers, you can't afford a 5 second outage. You've got to have a continuous supply of electricity, so you're going to see more industrials who locate there have to think through investing in their own generation facility for their site, because in the third world, that's what you do. Given the state of affairs there with short power, that's going to become a reality.
And we can talk about Florida. Florida is completely heading in the same direction with a plan to build 1200 square miles of solar that operates 5.4 hours a day, reducing its on demand energy from 88% now to 48% by 2045, which the Public Service Commission is supporting every step of the way. Florida Power and Lights plan to do this. We're going to see the same thing here. These are Republican policies being enacted in a lot of states.
Steve Bannon
OK. No, no, no, you got to call them out. We're going to go to that right now. Texas is a Republican state, South Carolina, Florida. I can understand what's happening. I don't agree with it, but up in New England power. Walk me through Florida and South Carolina.
Dave Walsh
Well, I just did. I did pretty extensive survey of about the 14 IRPs, Integrated Resource Plans for the major utilities in states that cover 35% of the US population. What I came up with in a 15-year plan, these plans run from 10 to 20 years, the average being 15.
The average utility is reducing its on demand power over a 15-year period by 31% on a planned basis, including Dominion in Virginia, South Carolina, the system there, Florida, Florida Power and Light, Pacific Corp, APS, Nevada energy, down 29%. Georgia Power down 13%, New Jersey down 62% on a planned basis in what is known as dispatchable power over their planning period.
The next 10-to-20-year period, reducing dispatchable energy by that high percentage averaging across the country, 31% reduction in dispatchable energy because of the egregious addition of solar, wind and battery storage, which all operate very part-time, displacing base load, continuous duty coal plants, displacing nuclear plants and no further meaningful investment in large combined cycle gas plants.
So, you're seeing across the country a trend to move in this direction. So, we've got the MISO, the PGM system along with Kaiso and ERCOT all talking about aggressively the heads of FERC in those regions, those electricity regions, talking about increasing brownouts and shortages. This has been very openly discussing it, in most of these regions because of this phenomenon, shutting down coal plants and nuclear plants for this stuff.
Steve Bannon
There are Republican legislatures, Republican governors and Nikki Haley and DeSantis ought to be out there. And Tim Scott talking about what their energy plans are. Because here's why. Let me people are saying, well, how can that possibly happen?
How can Republicans? correct me if I'm wrong here, brother, but to continue on the full spectrum energy dominance and build up the .. base doesn't require the massive capital expenditure as doing it all different with solar and wind. And it's a way for the establishment to make tons of money, correct? That's the scam here. It's all about them making money.
Dave Walsh
Yes, yeah, the, I mean, the cost of this transition grossly this so-called transition to reduced energy value resources costs 5 to 10 times, simply maintaining the system, making it better, applying modernizations and improvements. We're talking here in Florida... I’ll give you the pristine example.
Florida Power and Lights is a plant, Nextera is the holding company that owns them, involves spending $420 billion of CapEx between now and 2045 on this stuff, displacing that which they have. Their annual capital plan on generation right now is about a billion six, a billion seven a year in a normal year it's going to go to $16 billion a year based on their plan installing 1200 square miles solar installing 50,000 megawatts.
Steve Bannon
Hold on the half a trillion. $420 billion roughly. Let's round up a half a trillion dollars. I take it the ratepayers are going to pay that. The good citizens of Florida are going to be bearing that burden.
Dave Walsh
They already are. Florida Power and Light enacted 23% worth of cumulative increase in the base rate, not about natural gas cost, which is just a one for one adder, in the base rate in the last 24 months to begin paying for the do it beginning to do this already. They've already built 7000 megawatts of solar in the rates already.
Steve Bannon
The whole thing is a scam.
You understand this. I just want to make sure the audience is savvy on this. This is all about the investment bankers. The financiers are going to make a ton of money. The consultants are going to redo these plants where as Dave has told you, not as efficient or effective. Not there with base load. Well, if you had the plants to upgrade them to make them modern, to do the CapEx to do the, you've got a cost, but you can plan that cost out here. Here we're going to read, the whole thing because of the climate, it's because they make money off of it. That is why it's happening brother Walsh.
Dave Walsh
Yeah. I mean in, in the state of Florida on capital spending, Florida Power and Light, Duke Energy and Tico get a guaranteed 10.8% annual return on capital spending and on capital spending, they get that money back sooner than on OpEx.
So, they get a guaranteed 10.8% return on it. That's why they're doing this. Because yeah, they can hide under the environmental thing, and the green thing. The reality is this makes them a fricking fortune. It makes Santee Cooper in South Carolina run by the State House. That's a state-owned utility. It's doing the same thing.
Steve Bannon
Hey, hang on. By the way the deplorables end up paying for it once again, it's on your shoulders. You're the ratepayer you're going to get stuck with the bill. You're going to get stuck with the rates. OK, Dave, we got to bounce thank you for all your analysis. One quick thing before we left, has the De Santis team gotten back to you with their energy plan yet?
Dave Walsh
No, I've. I've got specific questions into Cuccinelli into the No name, SC initials, SC Cortes. Several emails in which he acknowledges by the way, I don't know the answer. Now. Think about that. He's supporting a candidate that he has no clue what his energy policy is because he hasn't articulated one and Steve admits that. There you go.
Steve Bannon
Full, full spectrum energy dominance. Where do people get to you Walsh?
Dave Walsh
That's President Trump's plan. We don't know what the hell De Santis. We don't know, I’m asking a lot of questions about it at, @ Dave Walsh, Energy on GETTR and Truth Social. Thanks Steve.
Steve Bannon
Thank you, Dave. Appreciate it, brother.
END
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