Jump to content

csnavywx

Meteorologist
  • Posts

    4,150
  • Joined

  • Last visited

1 Follower

About csnavywx

Contact Methods

  • Yahoo
    slonec

Profile Information

  • Four Letter Airport Code For Weather Obs (Such as KDCA)
    KNHK
  • Gender
    Male
  • Location:
    Lexington Park, MD

Recent Profile Visitors

5,632 profile views
  1. Solar and EV equity prices continue to be smashed, with the TAN ETF down 16% so far this year and 43% y/o/y. Even the best positioned companies are suffering pretty heavy balance sheet hits due to higher rates and higher capex costs, despite hardware component price declines. Domestic EV makers are being hit in particular due to slumping demand and are sensitive to higher financing costs. Unless those margins can be improved, R&D and capex will start taking a hit and these deployment rates are going to suffer as a result. Like I mentioned before, costs are important, but we live in a capitalist system -- profit margins are even more important! I was hoping we'd get some interest rate cuts this year, but the market is starting to price those back out as core inflation remains too sticky/resilient.
  2. Remember 10 years ago, when every denier was crowing about "flat temps since '98", increasing Antarctic sea ice and an impending "grand solar minimum"? Imagine saying that, then looking at this graph and *still* wanting to short sell it.
  3. The IRA was definitely a much-needed stick save. Agree there. It could be worse. We could be Europe or the UK! They're now mired with sticky inflation, flat to negative growth and cratered PMIs persistently sitting in the 40s. We have largely escaped that (though we still have some sticky inflation which will keep rates elevated for at least a while longer). Hell, Europe had *negative* risk-free rates for a while. That was a trip. And incidentally, a goldilocks environment to do renewable investment. That quickly unwound with the pandemic and then the war. I'd prefer to see large baseload nukes preserved and expanded where possible and income-based supports for where firming costs are getting high (cough, CAISO, cough). Fee-and-dividend type system would go a long way, too. Chart is somewhat informative (it's not perfect, but it is what it is). We definitely don't want to fall into the trap that Europe has fallen into as that comes with all kinds of embedded geopolitical risk. (North American PPAs only -- the bottom was in '19/'20, this takes it back to 2017 or so pricing.) Src: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/north-american-solar-wind-power-prices-continued-ascent-in-2023-report-80219261
  4. I'm less sanguine on this than others due to a complete lack of consideration for profits, power density, grid infrastructure or firming costs in virtually all of the analyses. Cost of raw hardware components and the initial margins are always talked about, because they're favorable. In reality, they end up being quite cheap *at first*, but quickly run into firming cost issues as soon as saturation increases. Regardless of whether you like it or not (I sure fuckin don't), we're trying to transition in an almost completely market-based manner and the market is overwhelmingly concerned about returns. Ask GE or Siemens how that's going for them recently with cratering profit margins. Hell, with battery farms, most of the returns at this point aren't even in what you would expect -- power arbitrage. It's in ancillary services! Returns in general were a lot easier in a low inflation, zero-interest-rate environment. Zero consideration is also given to rebound effects. Slow decarbonisation is a trap, as the incremental additional capacity will get used up on growth. Efficiency savings will be spent elsewhere and typically result in *more growth*. You need decarbonisation in large chunks.
  5. 79 here today. Daffodils loving it. Started coming up on the 23rd.
  6. Nobody cares since you won't provide falsification criteria for your theory.
  7. I'm still lending some credence to the shipping aerosol hypothesis mostly because they called the warming *before* it happened and it showed up pretty much exactly where and when you would expect it (N Pac, N Atl maximized in late summer). Of course, it's not the only thing going on and it will take some time to disentangle all the factors, but definitely not ready to drop it as a contributing factor. (The IMO phase out was in 2 stages, a smaller one in 2015/16 and the second bigger drop in 2020).
  8. Snow shower activity showing up to the west as strong CAA aloft pushes in and drops the top of the boundary layer <-10C. Should see some pretty decent snow shower activity this evening after the main synoptic snow dies off.
  9. Nino climo for the mid-Atlantic has pretty pronounced peaks in mid-Jan and mid-Feb. Following the script so far.
  10. HRRR is a failure mode. The delayed coastal development allows the inland low/surface reflection to strengthen more like a classic clipper. The best snow would be 50-150 miles left of the low track with the rest of the subforum confined to getting light f-gen and WAA driven precip on the front flank of the system, followed quickly by a dry slot aloft. If you want decent snow outside the northern part of the subforum (PA, NJ, far N MD, etc), you really don't want that inland low to develop like that.
  11. It's a testable hypothesis and soon. There are some similarities with the late 1877/78 El Nino, which came after 6 (!) years of Nina conditions. We had 3 years here, so while pretty extensive, not quite the amount of pre-conditioning we had then. The strong ENSO component will undoubtedly fade. Question is how cool it gets during the upcoming moderate-strong Nina. (The recent +IOD collapse is likely a harbinger here.) Also, we've had a very notable increase in trade wind strength over the past 20-30y, possibly due to the "pattern effect" of anthropogenic aerosol loading in the Pacific. It's a transient climate response that one would expect to be peaking right around now (this decade). The peaking and gradual relaxation of that effect in combination with a notable increase in EEI would support higher temps over time. Right now my eyes are glued to ocean heat content readings and EEI.
  12. Absolutely. I've had a lot of overperformers pull this little trick and end up extending the duration of snowfall via earlier start times, especially when the lift is near/in the DGZ. Sharper trough would help that along.
  13. Little bit of 850-700mb frontogenesis showing up on the EC (matches some of the high-res runs) between 00-09z Fri. Might be a sneaky narrow band that sets up ahead of the main event if it can top-down saturate enough.
  14. 'tis alright. Given the hard IOD collapse, we've likely got a moderate-strong backlash Nina coming that should help test the lower bound of global temps. Though, I've noticed the mid-lats didn't really cool down all the way, despite the strong/super Nino, so they might still remain elevated.
  15. Looks like a flooded source region and low quality cold airmasses. Very typical/canonical +ENSO/+IOD. The kind of crap where you need extra help from timing even with favorable tracks. Would probably shift that forward a couple of weeks. Mid-Jan to late Feb? Would give time for the Pacific Jet to chill the fuck out or the GoA low to retrograde a bit and get some recharge up north.
×
×
  • Create New...