Old Rocks
Diamond Member
There are constant posts how solar is dying or unsuccessful in this country or that nation. So what are the real numbers? Here you go;
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Exactly. And the price is still going down. Plus, one can now buy batteries that are set up so that if the grid goes down, you can run your home off the solar panels and the batteries. And the price of those batteries will soon be going down as well.One could die laughing at any such assertion about the demise of this thriving, friendly technology.. Solar is only beginning.
There are constant posts how solar is dying or unsuccessful in this country or that nation. So what are the real numbers? Here you go;
That's a good thing tooExactly. And the price is still going down. Plus, one can now buy batteries that are set up so that if the grid goes down, you can run your home off the solar panels and the batteries. And the price of those batteries will soon be going down as well.One could die laughing at any such assertion about the demise of this thriving, friendly technology.. Solar is only beginning.
You mean like the subsidies that coal, oil, and gas receive?You mean like the subsidies that coal, oil, and gas receive? And solar and wind is cheaper than any fossil fuel or nuclear on a non-subsidized basis.
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Levelized Cost of Energy and Levelized Cost of Storage 2019
Oh the famous levelized chart...which does not take into account the lack of dispatchability (load match, peak match) in renewable sources. Therefore your line shows a consistent, fixed cost as there will never be a spike in demand which can be met. Maybe SOME day....with enough government money eh?You mean like the subsidies that coal, oil, and gas receive? And solar and wind is cheaper than any fossil fuel or nuclear on a non-subsidized basis.
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Levelized Cost of Energy and Levelized Cost of Storage 2019
Musk succeeded, and so too has the battery in smoothing the daily operation of South Australia's energy grid and helping to avert blackouts.Oh the famous levelized chart...which does not take into account the lack of dispatchability (load match, peak match) in renewable sources. Therefore your line shows a consistent, fixed cost as there will never be a spike in demand which can be met. Maybe SOME day....with enough government money eh?You mean like the subsidies that coal, oil, and gas receive? And solar and wind is cheaper than any fossil fuel or nuclear on a non-subsidized basis.
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Levelized Cost of Energy and Levelized Cost of Storage 2019
“Facts are stubborn things, but statistics are pliable.”
― Mark Twain
But then we are back to batteries aren't we? We are back to mining all of those rare Earth minerals...we are back to huge, very volatile manufacturing operations...we are back to corporate greed. At the end of the day it really appears to be a zero sum game with you titty babies bitching and moaning and complaining the entire way.Musk succeeded, and so too has the battery in smoothing the daily operation of South Australia's energy grid and helping to avert blackouts.Oh the famous levelized chart...which does not take into account the lack of dispatchability (load match, peak match) in renewable sources. Therefore your line shows a consistent, fixed cost as there will never be a spike in demand which can be met. Maybe SOME day....with enough government money eh?You mean like the subsidies that coal, oil, and gas receive? And solar and wind is cheaper than any fossil fuel or nuclear on a non-subsidized basis.
![]()
Levelized Cost of Energy and Levelized Cost of Storage 2019
“Facts are stubborn things, but statistics are pliable.”
― Mark Twain
The battery has also been a financial success. It earned AU$23.8 million in the first half of 2018, by selling stored electricity and other grid-stabilising services.
These successes have spurred further big battery uptake in Australia, while the global industry is forecast to attract US$620 billion in investments by 2040. It's clear that big batteries will play a big role in our energy future.
Remember The Giant Tesla Battery in Australia? It Just Marked Its First Year
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Direct subsidies to the oil industry can be broken down into four distinct categories:
There are tax expenditures, in which the federal government allows oil companies to deduct taxes during the oil-well development process. A prime example of this is the $2.3 billion Intangible Drilling Oil & Gas Deduction subsidy that allows producers to deduct 100 percent of expenses that aren’t directly linked to the final operation of an oil well. Another notable example in action is the Last-In, First Our Accounting for Fossil Fuel Companies subsidy that allows oil companies to undervalue their inventory, reducing their amount of taxable income on the books and taking $1.5 billion out of federal coffers each year.
Then there are the direct spending subsidies, such as the $229 million Inland Waters Transport for Petroleum Subsidy. Usually, the federal government taxes shipping company using waterways a fee proportionate to the tonnage of what they ship. Not so with oil companies. Similar to this is the $107 million Inadequate Administrative Fees for Onshore Drilling Management subsidy that leaves taxpayers holding the bag for Bureau of Land Management costs associated with drilling that would otherwise be covered by the industry.
Next up are royalty relief subsidies, where oil companies carve out exemptions for themselves—usually with the help of lawmakers—to pay significantly lower royalties rates on the oil and gas they extract. For example, the Lost Royalties on Offshore Drilling for Leases Issued from 1996 through 2000 subsidy came as a result of the 1995 “Outer Continental Shelf Deep Water Royalty Relief Act,” something that to this day deprives taxpayers of $1.1 billion each year.
What subsidies do oil companies receive?
Yep... Idiots will force others into unsustainable green crap that will deystroy our planet far worse than oil use could ever do..The refusal to adapt by some forces the rest into desperate straights.
Exactly. And the price is still going down. Plus, one can now buy batteries that are set up so that if the grid goes down, you can run your home off the solar panels and the batteries. And the price of those batteries will soon be going down as well.One could die laughing at any such assertion about the demise of this thriving, friendly technology.. Solar is only beginning.
There are constant posts how solar is dying or unsuccessful in this country or that nation. So what are the real numbers? Here you go;