Germany's solar experiment collapses. $$$ down the drain.

[ScienceRocks]

Iowa #1 in Nation in Wind Energy Production
Iowa produces 20% of all the electricity generated in the state from wind turbines ranking it first in the nation and second in the world!
Iowa Wind Energy Association

Good luck in replacing 20% of a states energy resources. This is not going to be easy to replace or kill unlike some people want posting above.

 

[ScienceRocks]

An industry with a 40% growth rate is a failure? OK.........

Solar power in the United States - Wikipedia, the free encyclopedia

As noted in the report, solar power has been expanding rapidly in the past eight years, growing at an average pace of 40% per year. The cost per kilowatt-hour of solar photovoltaic systems has also been dropping, while electricity generated from fossil fuels is becoming more expensive. As a result, the report projects that solar power will reach cost parity with conventional power sources in many U.S. markets by 2015. But to reach the 10% goal, solar photovoltaic companies will also need to streamline installations and make solar power a "plug-and-play" technology, that is, it must be simple and straightforward to buy the components of the system, connect them together, and connect the system to the power grid.[9]

Compared to wind...Really, so to offshore wind. Why really so compared to offshore wind is because it's much more windy over the oceans on avg and relieable.

 

[Big Fitz]

An industry with a 40% growth rate is a failure? OK.........

Solar power in the United States - Wikipedia, the free encyclopedia

As noted in the report, solar power has been expanding rapidly in the past eight years, growing at an average pace of 40% per year. The cost per kilowatt-hour of solar photovoltaic systems has also been dropping, while electricity generated from fossil fuels is becoming more expensive. As a result, the report projects that solar power will reach cost parity with conventional power sources in many U.S. markets by 2015. But to reach the 10% goal, solar photovoltaic companies will also need to streamline installations and make solar power a "plug-and-play" technology, that is, it must be simple and straightforward to buy the components of the system, connect them together, and connect the system to the power grid.[9]

Compared to wind...Really, so to offshore wind. Why really so compared to offshore wind is because it's much more windy over the oceans on avg and relieable.

If McDonalds starts selling hamburgers for one cent, their growth in sales will shoot up astronomically. It would be able to maintain it as long as they managed to make enough profit to keep in business, and with the cost of providing those hamburgers at least 40 times greater, they won't be in business long.

So let's assume they do this 'sale' and get the US government to keep kicking in the revenue shortfall. People will quickly exhaust their supply faster than they can provide it. Almost free is almost free.

But, once you remove the government support from the picture, McDonalds will be forced to stop selling one penny hamburgers quickly and demand will return back to normal.

Sales will be through the roof. But profits will not be. You can't even make it up on volume if you price yourself lower than the cost of production.

This is basic economics that obviously is not taught to public school children. Causality is a harsh mistress.

 

[skookerasbil]

An industry with a 40% growth rate is a failure? OK.........

Solar power in the United States - Wikipedia, the free encyclopedia

As noted in the report, solar power has been expanding rapidly in the past eight years, growing at an average pace of 40% per year. The cost per kilowatt-hour of solar photovoltaic systems has also been dropping, while electricity generated from fossil fuels is becoming more expensive. As a result, the report projects that solar power will reach cost parity with conventional power sources in many U.S. markets by 2015. But to reach the 10% goal, solar photovoltaic companies will also need to streamline installations and make solar power a "plug-and-play" technology, that is, it must be simple and straightforward to buy the components of the system, connect them together, and connect the system to the power grid.[9]

Compared to wind...Really, so to offshore wind. Why really so compared to offshore wind is because it's much more windy over the oceans on avg and relieable.

If McDonalds starts selling hamburgers for one cent, their growth in sales will shoot up astronomically. It would be able to maintain it as long as they managed to make enough profit to keep in business, and with the cost of providing those hamburgers at least 40 times greater, they won't be in business long.

So let's assume they do this 'sale' and get the US government to keep kicking in the revenue shortfall. People will quickly exhaust their supply faster than they can provide it. Almost free is almost free.

But, once you remove the government support from the picture, McDonalds will be forced to stop selling one penny hamburgers quickly and demand will return back to normal.

Sales will be through the roof. But profits will not be. You can't even make it up on volume if you price yourself lower than the cost of production.

This is basic economics that obviously is not taught to public school children. Causality is a harsh mistress.

yup........when you put the growth of green energy into the broader context of energy growth, its akin to a misquito bite on an elephant.