3 ms·
Two noisy signals will cross many times before overall trends dominate.
by jessaustin 7y ago
Two noisy signals will cross many times before overall trends dominate.
- smt88 7y agoUnfortunately, I don't think "nationwide, planned maintenance" could be considered noise in the coal-output signal.
- 1986 7y agoIf, as implied, this maintenance is done on a regular yearly basis, and this is the first time that that's been enough to change coal's placement in the mix, it would still seem to indicate that the larger trend is starting to outweigh the fluctuations.
- ajross 7y agoWhat's your point then? The point of the article is that the renewable share of the energy production budget is growing (and coal isn't), and the notable data point is that "for the first time ever, renewables surpass coal". That's the way news works. It wants a fact to hang the trend on. And both the fact and the trend are correctly reported. The fact that this is a local maximum doesn't say anything about the shape of the function on either side.
- adventured 7y agoWe don't need to speculate. We have the data on US coal use. The trend is aggressive and consistent in the downward direction. Dec 4 2018: "EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U.S. coal consumption has been falling since its peak in 2007, and EIA forecasts that 2018 coal consumption will be 437 MMst (44%) lower than 2007 levels, mainly driven by declines in coal use in the electric power sector." Simultaneously the US is bringing effectively zero new coal-based production online: "In 2007, coal-fired capacity in the United States totaled 313 gigawatts (GW) across 1,470 generators. By the end of 2017, 529 of those generators, with a total capacity of 55 GW, had retired. ... Only one, relatively small, new coal-fired generator with a capacity of 17 megawatts is expected to come online by the end of 2019."