Solar plus storage, the new least expensive cost of energy

Old Rocks

Diamond Member
Oct 31, 2008
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Portland, Ore.
Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.
 
Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.

A message for the technicality illiterate and ignorant.
 
As the storage technology continues to get cheaper, there is no need to build new nuclear plants, and the old ones can be retired.

Los Angeles seeks record setting solar power price under 2¢/kWh

The Los Angeles Department of Water and Power (LADWP) Board of Commissioners was presented with the Eland Solar & Storage Center in Kern County, California, from an LADWP internal team on June 18, 2019.

The team told the commissioners that on July 23, they plan to seek approval of a two phase 25-year power purchase agreement (PPA) priced at 1.997¢/kWh for 400 MWac / 530 MWdc of solar electricity delivered at time of generation plus a adder 1.3¢/kWh for the excess electricity later delivered from a co-located 400 MW / 800 MWh energy storage system.

Screenshot-2019-06-28-at-12.09.41-AM-e1561695055286-600x583.png


Per an email from 8minute, the project will be built in two 200 MWac solar phases. There is no price escalator, and the solar portion is a record low price for the United States. It even beats out the current U.S. pricing leader – 8minute’s 2.375¢/kWh from the 300 MW Eagle Shadow Mountain solar project.
 
Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.
This was pretty informative and interesting
 
Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.


Still denying the lefts 40 year war on Coal?



.
 
nv_140m_potential.jpg


Add this in, plus storage, and you could easily power Nevada with 100% solar and wind, plus storage.

Betcha Harry Reids son is in on 3/4ths of the action
Which has to do with what?


uhm everything?
No, what it has to do with renewables is that you want to hide your abysmal ignorance and stupidity behind a political smokescreen. Renewables plus storage will change the whole equation on energy. Coops, making homes generation and storage points as well as consumption points, as they are doing in Australia, will create cheaper energy for consumers and industry. There are many interesting things happening in many nations concerning switching or actually starting, with renewables.
 
Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.

Except electricity in California is about 33% more expensive than the national average. Your first article indicates that it reduces, not eliminates the need which takes you all the way back to ignoring that the more solar replaces traditional power generation, the more expensive that standby power becomes per kilowatt because the operating costs and profits for those businesses are spread over fewer units. Free energy is awesome for the people selling it. So far, it seems to be driving up the costs even more for the people consuming it. Your pretty picture has a lot of fine print like "under certain circumstances". Those certain circumstances being non-peak power generation in the southwest US. Most of the US the numbers are far worse for alternatives, and pretty nonexistent at peaking because they can't generate any more than they do.
 
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Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.
Lazard? The green energy investment firm is a source? Laughably!

THE TRUE COST OF WIND ELECTRICITY – Citizens' Task Force on Wind Power - Maine

It is of major importance to understand, financial entities, such as Bloomberg and Lazard, hype wind and solar, because they want to promote their financial management services for high-net-worth investors, who are looking to shelter their incomes from taxation and look green at the same time; a win-win for all.
 
Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.

Except electricity in California is about 33% more expensive than the national average. Your first article indicates that it reduces, not eliminates the need which takes you all the way back to ignoring that the more solar replaces traditional power generation, the more expensive that standby power becomes per kilowatt because the operating costs and profits for those businesses are spread over fewer units. Free energy is awesome for the people selling it. So far, it seems to be driving up the costs even more for the people consuming it. Your pretty picture has a lot of fine print like "under certain circumstances". Those certain circumstances being non-peak power generation in the southwest US. Most of the US the numbers are far worse for alternatives, and pretty nonexistent at peaking because they can't generate any more than they do.
Which is exactly what the grid scale batteries are addressing. Note the cost of the solar plus storage is far lower than stand alone solar or wind, and far, far lower than fossil fuel generation. And the contract has already been inked at that price. So do try to keep up with the technology.
 
Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.
Lazard? The green energy investment firm is a source? Laughably!

THE TRUE COST OF WIND ELECTRICITY – Citizens' Task Force on Wind Power - Maine

It is of major importance to understand, financial entities, such as Bloomberg and Lazard, hype wind and solar, because they want to promote their financial management services for high-net-worth investors, who are looking to shelter their incomes from taxation and look green at the same time; a win-win for all.
Dumb ass, they have a contract to deliver at less then $20 a MW. So what you just posted is dumb ass twaddle.
 
Here is what the present cost of energy is according to lazard;

Lazard-Lazard-LCOE-%E2%80%93-what%E2%80%99s-the-cheapest-energy.jpg


Note that thin film utility beats everything but wind. Nuclear, at best, is over 4 times as expensive. However, a new solar plus storage project in California is coming in at less than $20.




ca_0712NID_Solar_Farm_California_online.jpg



A large-scale solar farm in Southern California.

8MINUTE SOLAR ENERGY
Giant batteries and cheap solar power are shoving fossil fuels off the grid
By Robert F. ServiceJul. 11, 2019 , 1:40 PM

This month, officials in Los Angeles, California, are expected to approve a deal that would make solar power cheaper than ever while also addressing its chief flaw: It works only when the sun shines. The deal calls for a huge solar farm backed up by one of the world's largest batteries. It would provide 7% of the city's electricity beginning in 2023 at a cost of 1.997 cents per kilowatt hour (kWh) for the solar power and 1.3 cents per kWh for the battery. That's cheaper than any power generated with fossil fuel.

"Goodnight #naturalgas, goodnight #coal, goodnight #nuclear," Mark Jacobson, an atmospheric scientist at Stanford University in Palo Alto, California, tweeted after news of the deal surfaced late last month. "Because of growing economies of scale, prices for renewables and batteries keep coming down," adds Jacobson, who has advised countries around the world on how to shift to 100% renewable electricity. As if on cue, last week a major U.S. coal company—West Virginia–based Revelation Energy LLC—filed for bankruptcy, the second in as many weeks.

The new solar plus storage effort will be built in Kern County in California by 8minute Solar Energy. The project is expected to create a 400-megawatt solar array, generating roughly 876,000 megawatt hours (MWh) of electricity annually, enough to power more than 65,000 homes during daylight hours. Its 800-MWh battery will store electricity for after the sun sets, reducing the need for natural gas–fired generators.

Except electricity in California is about 33% more expensive than the national average. Your first article indicates that it reduces, not eliminates the need which takes you all the way back to ignoring that the more solar replaces traditional power generation, the more expensive that standby power becomes per kilowatt because the operating costs and profits for those businesses are spread over fewer units. Free energy is awesome for the people selling it. So far, it seems to be driving up the costs even more for the people consuming it. Your pretty picture has a lot of fine print like "under certain circumstances". Those certain circumstances being non-peak power generation in the southwest US. Most of the US the numbers are far worse for alternatives, and pretty nonexistent at peaking because they can't generate any more than they do.
Which is exactly what the grid scale batteries are addressing. Note the cost of the solar plus storage is far lower than stand alone solar or wind, and far, far lower than fossil fuel generation. And the contract has already been inked at that price. So do try to keep up with the technology.

You totally ignored the bulk of my post. Let me help you. I used 1814KWthis month at $.1255 per kw. With the average cost of electricity in California at $.1889/kw, my electric would have cost me $115 more this month. Where is this free energy and low cost for consumers? How do people on fixed incomes or poor people even keep electric service in a state whose "cheap" energy prices are outpacing inflation? Your inked contract is biomass at this point. Even if realized, it will be storing electric for less that 1% of the state and only in areas with optimal solar (i.e. the "under certain circumstances" and w/subsidies) which means you still have to have standby generation using nuclear, gas, or coal. It barely has enough water as is so you can count hydroelectric out. Water is a big big source of energy for places that have approached 100% renewables (that and geothermal).
 
Dumb ass, they have a contract to deliver at less then $20 a MW. So what you just posted is dumb ass twaddle.
Great, post that, link to the contract, link to the cost of everything, link to the subsidies, link to all the financial statements, so we can see if Lazard is a liar or not. Just because they write an article leaving out all the key information does not make it truth.

Give us the missing information.
 
Kern County, the land that was once farmland, the land where it has become too expensive to pump water to. That land will become Solar Farms? No more food for the people, we will simply turn farm land into Solar Farms. At that, we will lower the tax on the land, because Solar Farms require square miles. We will lower the property tax for this democrat chosen industry so that they can make profits.

What happened to the rich paying their fair share?
 

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