Which is what the critics pointed out in the article.
Still more ambitious than we are in Canada, who are planning to exponentially increase our emissions while pretending that that will somehow decrease them.
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Prediction: Coal has fallen. Nuclear is next then Oil.
- Thread starter nwdiver
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Still more ambitious than we are in Canada, who are planning to exponentially increase our emissions while pretending that that will somehow decrease them.
If comes down to ROI, but many of us who live in houses can be totally independent for $20-30K (still connected to grid if law requires it) and be 100% renewable within a few months.
The problem becomes apparent when you take that same per-household expenditure and multiply it out to all households and expect it to be done centrally without dramatically raising utility rates. Don't get me wrong, I still think 2038 isn't ambitious for grid transition, but your statement does not do anything to explain why.
"why" is partly utilities dragging their feet. Remember when it was a "given" that renewable cannot exceed 20% of the grid and it would never be possible to exceed that? Hawaii surpassed that a couple years later.
NV Energy faces the constant threat of people going virtually off grid as cost of renewables continue to drop. Solution? Incorporate more renewables and lower rates.
SageBrush
REJECT Fascism
That was a misunderstanding. The utilities meant "not more than 20% non-utility owned."
mspohr
Well-Known Member
How To Retire Early: Making Accelerated Coal Phaseout Feasible & Just
In a new report, Rocky Mountain Institute, the Carbon Tracker Initiative, and the Sierra Club present an analysis of nearly 2,500 coal plants around the world. This analysis shows that the cost of clean energy has fallen so far that new renewables outcompete new coal virtually everywhere. Furthermore, it is cheaper today to build new renewable energy capacity including battery storage than to continue operating 39 percent of the world’s existing coal capacity. And the competitiveness of coal is sinking rapidly elsewhere
Continuing to run uncompetitive coal plants comes at a cost to consumers and taxpayers. If we were to phase out the share of existing global capacity already uncompetitive with new renewables, we would save $39 billion in 2020. In just five years, 73 percent of the global coal fleet will be uncompetitive with new renewables plus storage, equating to a savings of $141 billion in 2025.
In a new report, Rocky Mountain Institute, the Carbon Tracker Initiative, and the Sierra Club present an analysis of nearly 2,500 coal plants around the world. This analysis shows that the cost of clean energy has fallen so far that new renewables outcompete new coal virtually everywhere. Furthermore, it is cheaper today to build new renewable energy capacity including battery storage than to continue operating 39 percent of the world’s existing coal capacity. And the competitiveness of coal is sinking rapidly elsewhere
Continuing to run uncompetitive coal plants comes at a cost to consumers and taxpayers. If we were to phase out the share of existing global capacity already uncompetitive with new renewables, we would save $39 billion in 2020. In just five years, 73 percent of the global coal fleet will be uncompetitive with new renewables plus storage, equating to a savings of $141 billion in 2025.
SageBrush
REJECT Fascism
Ahh, Buffet. I think it is time for you to retire
Bekshire Hathaway buys $10B Dominion Energy NG assets
Bekshire Hathaway buys $10B Dominion Energy NG assets
Any value to the "NG transmission infrastructure" for renewable and hydrogen economy? NG is an interim solution between coal and renewable. It does take time to build up renewable+storage solutions. Obviously, he sees a good deal here.
SageBrush
REJECT Fascism
Elon visited Tulsa, OK as part of a fact finding trip for a future Tesla plant.
One of the local politicos had this to say:
I wonder if Tulsa knows who they invited.
One of the local politicos had this to say:
I wonder if Tulsa knows who they invited.
SageBrush
REJECT Fascism
Buffet should have asked himself why DE is dumping NG
That's pretty funny considering that GF1 purposely did not connect natural gas.
Hmm, anyone know if Shanghai and Berlin will have gas hookups? Do they use gas in Fremont?
mspohr
Well-Known Member
The Next Energy Battle: Renewables vs. Natural Gas
Some lawmakers argue that utilities are wasting billions of dollars by investing in natural gas plants that will have to be shut down before their useful lives end.
“The urgent need to address the climate crisis means we can’t make reckless investments now that will have to be paid off for decades,” said Senator Edward J. Markey, a Massachusetts Democrat and one of the authors of the legislation known as the Green New Deal. “We have to consider clean options, which, fortunately for consumers, are also cost-effective.”
Some lawmakers argue that utilities are wasting billions of dollars by investing in natural gas plants that will have to be shut down before their useful lives end.
“The urgent need to address the climate crisis means we can’t make reckless investments now that will have to be paid off for decades,” said Senator Edward J. Markey, a Massachusetts Democrat and one of the authors of the legislation known as the Green New Deal. “We have to consider clean options, which, fortunately for consumers, are also cost-effective.”
mspohr
Well-Known Member
How to replace 187 GW of coal with renewables, and save customers money
Promptly retiring 79% of the nation’s 236 GW of coal units, and replacing them with renewables and storage, would yield savings of $10 billion per year, says a report from the Rocky Mountain Institute, Carbon Tracker and Sierra Club. Retiring all of them now, including units that are not yet uneconomic, would still save $9 billion per year.
Promptly retiring 79% of the nation’s 236 GW of coal units, and replacing them with renewables and storage, would yield savings of $10 billion per year, says a report from the Rocky Mountain Institute, Carbon Tracker and Sierra Club. Retiring all of them now, including units that are not yet uneconomic, would still save $9 billion per year.
mspohr
Well-Known Member
Could Japan's plan to retire 100 coal units hurt the Powder River Basin?
Nonetheless, energy operators mining in Wyoming’s Powder River Basin have hoped to export coal to countries across Asia for years. But the dream of exporting coal to one of the world’s leading importers of the commodity was dashed last week when Japan’s Minister of Economy, Trade and Industry, Hiroshi Kajiyama, said the country would consider phasing out 100 of its older coal-fired power plant units by 2030.
Nonetheless, energy operators mining in Wyoming’s Powder River Basin have hoped to export coal to countries across Asia for years. But the dream of exporting coal to one of the world’s leading importers of the commodity was dashed last week when Japan’s Minister of Economy, Trade and Industry, Hiroshi Kajiyama, said the country would consider phasing out 100 of its older coal-fired power plant units by 2030.
Interesting times to be living in: Watching the world's previous primary source of energy phasing out, with all the associated fits and starts. Granted it is taking a long time, as will the gas phase-out. The beauty of these phase outs is that as painful as they are, once they are done, then no more phase outs are required. When renewable energy is the norm, there may be better renewable solutions that come along (off shore wind), but the currently running solar plants and windmills will not need to phased out cause they are destroying the planet like coal is. They will just need to be replaced as they wear out. And replaced no doubt by ever cheaper and more efficient solar panels and windmills being improved over the years.
Some who is 60 may see a bit of this play out, but someone just born today will surely see it come to fruition. Possibly even begin to see the CO2 level beginning to fall, and the planet recover, much like the ozone hole has since 1987. We are going to get to the other side, it's only a question of how ugly the transition will be.
RT
Some who is 60 may see a bit of this play out, but someone just born today will surely see it come to fruition. Possibly even begin to see the CO2 level beginning to fall, and the planet recover, much like the ozone hole has since 1987. We are going to get to the other side, it's only a question of how ugly the transition will be.
RT
mspohr
Well-Known Member
Good article.
Too bad they said that Tesla only made 90,000 vehicles last year. The number is 367,500 approximately. Tesla never sold 90k in 1 year. It was about 100k in 2017; 2016 was like 70k.
Why would you not fact check a number that you are using to make a point? - He was saying Tesla was overvalued - which is a very good point. But getting a number like that wrong ruins it and brings his entire article - full of numbers - into question.
Too bad they said that Tesla only made 90,000 vehicles last year. The number is 367,500 approximately. Tesla never sold 90k in 1 year. It was about 100k in 2017; 2016 was like 70k.
Why would you not fact check a number that you are using to make a point? - He was saying Tesla was overvalued - which is a very good point. But getting a number like that wrong ruins it and brings his entire article - full of numbers - into question.
mspohr
Well-Known Member
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