The Road To Australia -- $13,000/MWh -- February 6, 2018

Updates

February 7, 2018: from The Lead, August 6, 2015, this is where it all began.

Original Post

Late last week I posted the note about the Australian electric grid commission asking for help to "save" their country's electric grid. The commission was looking for constructive input not later than Monday, yesterday, or February 6, today (the exact day/date was a bit confusing).

In that post, I noted that Australians were paying as much as $14,000/MWh for "spot' electricity, to help do their part to save the world from global warming.

Well, here we go again, as Ronald Reagan would say. Here's the screenshots of electricity and demand in Victoria and South Australia taken just minutes ago:

Victoria, paying $12,000 / MWh:

South Australia, paying  $13,000 / MWh:

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North Korea -- Idle Rambling

I thought I had posted this on the blog, but if I did, I am unable to find it.

Within the last year or so, some pundit in the mainstream media suggested that Kim Jong-un will not risk nuclear war with the United States. The pundit stated that to do so would certainly mean the end of Kim Jong-un; the end of the dynasty began by his grandfather who it is said he reveres; and, even the end of the "geography" as know it, of that area we now call North Korea.

The pundit said that no dynastic leader would die by suicide; he said no dynasty would end by suicide.

I bought into that. It made sense.

Fast forward to A New Literary History of Modern History, c. 2017, page 35:

On April 25, 1644, the three-hundred-year-old Ming dynasty ended as its last ruler, the Chongzhen Emperor (ruled 1628 - 1644), committed suicide by hanging himself on Coal Hill, just north of the Imperial Palace in Beijing.

'Those who do not learn history are doomed to repeat it.' The quote is most likely due to writer and philosopher George Santayana, and in its original form it read, "Those who cannot remember the past are condemned to repeat it."