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That is bullshit.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
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.
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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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How about some examples?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.
post #21How about some examples?
How about it Flash. How about some examples of nations whose economies have been wrecked by solar power installations.How about some examples?
Everything is sexual to libsReality is when you can't heat your homes because Russia is ruled by an autocratic madman by whom Trump is dying to be spanked.
What sex?Everything is sexual to libs
It dominates all their thinking
The spankingWhat sex?
How much will governments pay to provide this cheap energy?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.How about it Flash. How about some examples of nations whose economies have been wrecked by solar power installations.
Less than they've been paying the oil companies.How much will governments pay to provide this cheap energy?
You missed the note that Liberals love dictators.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.
who's paying oil companies? come on dude, can't you get one thing right?Less than they've been paying the oil companies.
You expect honesty from a Liberal?!who's paying oil companies? come on dude, can't you get one thing right?
Government pays the oil companies nothingLess than they've been paying the oil companies.
Less than they've been paying the oil companies.
As generously as all the world's other major corporations?Oil companies pay taxes to the government.
So taxes? Since when does the government pay a corporation’s taxes? Who’s money they use?As generously as all the world's other major corporations?
Exxon payed 2.8%. I generally pay 11% and I'm fucking retired.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
As generously as all the world's other major corporations?
Exxon payed 2.8%. I generally pay 11% and I'm fucking retired.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
Why didn’t they just give it all?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.