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Prediction: Coal has fallen. Nuclear is next then Oil.

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Take a look at Tesla Solar + Powerwall 3 for your home. I am very tempted to get it if power prices go any higher.

When you have your own solar + battery, you can look at the fixed monthly admin fee as "cost of backup" just like when some people used to get generators for backup. LOL
 
Awesome report from the EIA:


Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024


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The crown jewel will be the Gemini solar facility in Nevada which plans to begin operating in 2024 with a planned photovoltaic capacity of 690 MW and battery storage of 380 MW, expected to be the largest solar project in the United States when fully operational.

Texas and California will account for the large majority of the added battery storage capacity, with 82% of the total.



Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 - U.S. Energy Information Administration (EIA)
 
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Awesome report from the EIA:


Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024


main.svg



chart2.svg




The crown jewel will be the Gemini solar facility in Nevada which plans to begin operating in 2024 with a planned photovoltaic capacity of 690 MW and battery storage of 380 MW, expected to be the largest solar project in the United States when fully operational.

Texas and California will account for the large majority of the added battery storage capacity, with 82% of the total.



Solar and battery storage to make up 81% of new U.S. electric-generating capacity in 2024 - U.S. Energy Information Administration (EIA)

The Gemini project explains why our summer TOU Peak changed from 1-7pm (6 hr) to 6-9pm (3 hr). It's nice to have my house precool schedule to end at 4pm instead of 1pm.
 
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Biden Administration Is Said to Slow Early Stage of Shift to Electric Cars https://www.nytimes.com/2024/02/17/....zxPa.uiXMDbGFvTpL&smid=nytcore-android-share

In a concession to automakers and labor unions, the Biden administration intends to relax elements of one of its most ambitious strategies to combat climate change, limits on tailpipe emissions that are designed to get Americans to switch from gas-powered cars to electric vehicles, according to three people familiar with the plan. Instead of essentially requiring automakers to rapidly ramp up sales of electric vehicles over the next few years, the administration would give car manufacturers more time, with a sharp increase in sales not required until after 2030, these people said. They asked to remain anonymous because the regulation has not been finalized. The administration plans to publish the final rule by early spring.
 
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Get some grid-tied batteries to get you through 6-9 pm and you won't need to worry about pre-cooling!

3 hr is too short and precooling does not need addl investment. NV Energy making the Peak short is not an accident, they are no dummy.

If I can do V2G, I would do that instead - much more capacity for much less investment. (EV already paid for). :)
 
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Capitalism fails again. Profit is more important than anything else.


Many of the world’s biggest financial firms spent the past several years burnishing their environmental images by pledging to use their financial muscle to fight climate change.

Now, Wall Street has flip-flopped.

In recent days, giants of the financial world including JPMorgan, State Street and Pimco all pulled out of a group called Climate Action 100+, an international coalition of money managers that was pushing big companies to address climate issues.

Wall Street’s retreat from earlier environmental pledges has been on a slow, steady glide path for months, particularly as Republicans began withering political attacks, saying the investment firms were engaging in “woke capitalism.”
 
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Regardless, having BEV and being able to produce your own energy is a big plus...

Given hydrogen makes us more dependent than EVs and more business as usual, guess that's the way fossil fuel and auto industry will move towards.
Hydrogen faces many obstacles. Even if convenient sources could be found, pressurization or liquefaction, transportation and storage are even more expensive than creating hydrogen. There are no hydrogen pipelines and there are doubts they could even be built. Pressurization and liquefaction consume large amount of energy (which you don't get back). Storage? .... Leaks.
Burning hydrogen in a fuel cell or directly is very inefficient.
Hydrogen is probably only economical for industrial uses where there is no substitute.
 
Hydrogen faces many obstacles. Even if convenient sources could be found, pressurization or liquefaction, transportation and storage are even more expensive than creating hydrogen. There are no hydrogen pipelines and there are doubts they could even be built. Pressurization and liquefaction consume large amount of energy (which you don't get back). Storage? .... Leaks.
Burning hydrogen in a fuel cell or directly is very inefficient.
Hydrogen is probably only economical for industrial uses where there is no substitute.
Hydrogen (H2) is a tiny molecule. It leaks like stink (worse, actually!).
 

Or is it actually that the fossil fuel industry conspired to limit production so fossil fuel prices will rise then they can run Faux News on why green energy that reduces fossil fuel demand somehow raises fossil fuel prices. Seems totally opposite of how markets work.
 
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