Europe: New Solar Capacity 10 Times Cheaper than Gas, says Rystad

[jc456]

 

[Flash]

This analysis both short and long term cumulative cost for Europe.
Many say they Shouldn't have tried to go renewable, when in fact they didn't go renewable enough, and depended on Russian NG.
Domestic resource is the only security.

New Solar Capacity 10 Times Cheaper than Gas, says Rystad​

Operating gas-fired power plants would be 10 times more expensive in the long-term than building new solar capacity in Europe, according to research from intelligence company Rystad. Their study uses the levelized cost of energy (LCOE) for gas and coal-fired power generation at different price levels and compares it to the LCOE of solar PV and wind.
OCTOBER 27, 2022

• HIGHLIGHTS
• INSTALLATIONS
• UTILITY SCALE PV
• EUROPE

Cumulative cost of gas power generation vs potential new renewable energy capacity.
Image: Rystad Energy

Building new solar capacity in Europe could be 10 times cheaper than continuing to operate gas-fired power plants in the long-term, according to a new study by Norway-based research company Rystad Energy.

Europe has seen skyrocketing gas prices since the drop in Russian gas exports, with spot prices on the Netherlands-based Title Transfer Facility (TTF) rising to an average €134 ($135.15)/MWh so far this year. Rystad forecasts prices will stabilize at around €31 per MWh by 2030, which puts the LCOE of existing gas-fired plants closer to €150 per MWh.

“This is still three times more than the LCOE of new solar PV facilities. For gas-fired plants to continue being competitive, gas prices would need to fall closer to €17 per MWh and carbon prices would need to fall to €10 per tonne, which is currently unthinkable,” the company said in a statement.
[......]

New solar capacity 10 times cheaper than gas, says Rystad

Operating gas-fired power plants would be 10 times more expensive in the long-term than building new solar capacity in Europe, according to research from intelligence company Rystad. Their study uses the levelized cost of energy (LCOE) for gas and coal-fired power generation at different price...

www.pv-magazine.com

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That is bullshit.

If the damn solar is cost effective then why are all the solar projects in the world heavily subsidized by the filthy governments?

Then you have stupid ill conceived government policies that artificially run up the cost of fossil fuels.

Solar is shitty technology for power generation.

Going to solar is a great way to fuck the economy of any country.

 

[Crick]

That is bullshit.

If the damn solar is cost effective then why are all the solar projects in the world heavily subsidized by the filthy governments?

Then you have stupid ill conceived government policies that artificially run up the cost of fossil fuels.

Solar is shitty technology for power generation.

Going to solar is a great way to fuck the economy of any country.

How about some examples?

 

[jc456]

How about some examples?

post #21

 

[Crick]

How about some examples?

How about it Flash. How about some examples of nations whose economies have been wrecked by solar power installations.

 

[Mac-7]

Reality is when you can't heat your homes because Russia is ruled by an autocratic madman by whom Trump is dying to be spanked.

Everything is sexual to libs

It dominates all their thinking

 

[Crick]

Everything is sexual to libs

It dominates all their thinking

What sex?

 

[Mac-7]

What sex?

The spanking

 

[Mac-7]

How about it Flash. How about some examples of nations whose economies have been wrecked by solar power installations.

How much will governments pay to provide this cheap energy?

 

[jc456]

How about it Flash. How about some examples of nations whose economies have been wrecked by solar power installations.

post #21 explains it for you.

 

[Crick]

How much will governments pay to provide this cheap energy?

Less than they've been paying the oil companies.

 

[Indeependent]

That is bullshit.

If the damn solar is cost effective then why are all the solar projects in the world heavily subsidized by the filthy governments?

Then you have stupid ill conceived government policies that artificially run up the cost of fossil fuels.

Solar is shitty technology for power generation.

Going to solar is a great way to fuck the economy of any country.

You missed the note that Liberals love dictators.

 

[jc456]

Less than they've been paying the oil companies.

who's paying oil companies? come on dude, can't you get one thing right?

 

[Indeependent]

who's paying oil companies? come on dude, can't you get one thing right?

You expect honesty from a Liberal?!

 

[Mac-7]

Less than they've been paying the oil companies.

Government pays the oil companies nothing

And they dont send consumers checks to by gasoline powered cars the way government does for ev’s

 

[Toddsterpatriot]

Less than they've been paying the oil companies.

Oil companies pay taxes to the government.

 

[Crick]

Oil companies pay taxes to the government.

As generously as all the world's other major corporations?

These 19 Fortune 100 Companies Paid Next to Nothingâor Nothing at Allâin Taxes in 2021

Analysis shows that during a year of high corporate profits, many of the biggest corporations in America either paid minimal or no federal income taxes.

www.americanprogress.org

Exxon payed 2.8%. I generally pay 11% and I'm fucking retired.

 

[jc456]

As generously as all the world's other major corporations?

These 19 Fortune 100 Companies Paid Next to Nothingâor Nothing at Allâin Taxes in 2021

Analysis shows that during a year of high corporate profits, many of the biggest corporations in America either paid minimal or no federal income taxes.

www.americanprogress.org

Exxon payed 2.8%. I generally pay 11% and I'm fucking retired.

So taxes? Since when does the government pay a corporation’s taxes? Who’s money they use?

 

[Toddsterpatriot]

As generously as all the world's other major corporations?

These 19 Fortune 100 Companies Paid Next to Nothingâor Nothing at Allâin Taxes in 2021

Analysis shows that during a year of high corporate profits, many of the biggest corporations in America either paid minimal or no federal income taxes.

www.americanprogress.org

Exxon payed 2.8%. I generally pay 11% and I'm fucking retired.

Thanks for the link.

What do you think they paid 2.8% on?

Their ExxonMobil link to an Exxon 2021 10-K doesn't show $9.3 billion in 2021 US earnings.

 

[jc456]

Thanks for the link.

What do you think they paid 2.8% on?

View attachment 732856

Their ExxonMobil link to an Exxon 2021 10-K doesn't show $9.3 billion in 2021 US earnings.

Why didn’t they just give it all?