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Too late?
After betting on fossils & losing big, GE & BlackRock turn to solar
General Electric (GE) is not one of the companies that is associated with a serious embrace of the energy transition, and for good reason. While GE is one of the world’s largest makers of wind turbines, its much larger GE Power division invested deeply in building, installing and maintaining coal, gas and nuclear power plants, an investment which deepened after its acquisition of Alstom in 2015.
The result was what the Institute for Energy Economics and Financial Analysis (IEEFA) has described as “a case study in how rapidly and unexpectedly the global energy transition away from fossil fuels travels up the economic chain and destroys value in the power generation sector” – or in other words, a disaster.
Ooooooh I wonder if a floating PV shade ball alternative for the LA reservoir could be a viable project?
Period | Prior | Change | New | Change |
---|---|---|---|---|
Month | 33,687.3 | 227.6 | 33,914.9 | 0.68% |
YTD | 31,878.4 | 2,036.5 | 33,914.9 | 6.39% |
Rolling | 29,431.9 | 4,483.0 | 33,914.9 | 15.23% |
Plan +12mo | 9,855.0 | -563.6 | 9,063.8 | . |
Year | Month | YTD | Rolling | Month % | YTD% | Rolling |
---|---|---|---|---|---|---|
2018 | 6,695 | 46,042 | 62,777 | 1.63% | 1.62% | 1.50% |
2019 | 7,844 | 51,250 | 69,033 | 1.94% | 1.83% | 1.66% |
Difference | 1,149 | 5,208 | 6,256 | 0.31% | 0.21% | 0.16% |
Period | Prior | Change | New | Change |
---|---|---|---|---|
Month | 21,534.6 | 302.1 | 21,836.7 | 1.40% |
YTD | 19,547.1 | 2,289.6 | 21,836.7 | 11.71% |
Rolling | 18,519.6 | 3,317.1 | 21,836.7 | 17.91% |
Year | Month | YTD | Rolling | Month % | YTD% | Rolling |
---|---|---|---|---|---|---|
2018 | 3,017 | 20,793 | 28,041 | 0.74% | 0.73% | 0.67% |
2019 | 3,630 | 24,762 | 33,508 | 0.90% | 0.88% | 0.81% |
Difference | 613 | 3,969 | 5,467 | 0.16% | 0.15% | 0.13% |
Period | Prior | Change | New | Change |
---|---|---|---|---|
Month | 55,221.9 | 529.7 | 55,751.6 | 0.96% |
YTD | 51,425.5 | 4,326.1 | 55,751.6 | 8.41% |
Rolling | 47,951.5 | 7,800.1 | 55,751.6 | 16.27% |
Year | Month | YTD | Rolling | Month % | YTD% | Rolling |
---|---|---|---|---|---|---|
2018 | 9,712 | 66,835 | 90,818 | 2.37% | 2.35% | 2.17% |
2019 | 11,474 | 76,012 | 102,541 | 2.83% | 2.71% | 2.47% |
Difference | 1,762 | 9,177 | 11,723 | 0.47% | 0.36% | 0.29% |
No-Gold Perovskite Solar Cells Aim A Dagger At The Heart Of Fossil Fuels
Fossil fuel stakeholders are already shivering in their boots over the low cost of wind and solar energy, and now here comes yet another dose of stone cold reality. In a new report, a research team in Italy suggests that perovskite solar cells are set for another steep drop in costs. Perovskite has great promise as a low-cost material for super cheap solar cells, so how much lower can perovskite solar cells go?
NREL is riding hell for leather with a 2020 goal of achieving solar cells that cost just 6 cents per kilowatt hour in its pocket, and that’s just one example of the different avenues of pursuit the lab is pursuing.
The Energy Man said:Unsubsidized costs in areas of average climate:
Utility PV: $0.03/kWh
Commercial PV: $0.04/kWh
Residential PV: $0.05/kWh
I don't know why we feels the need to track panel cost per kWh as if that's something, it's certainly different in San Diego vs. Anchorage. Whats wrong with the simple price per Watt?
I'm sure that is somewhat true but the reservoirs were paid for by the electricity generator.The researchers noted, 54% of the world’s hydropower plants compete with agriculture for water use. The two sectors rarely collaborate on water management schemes and have quite different needs – hydropower stores water in reservoirs to maintain a head for power generation while farms need water released for irrigation
In both hydropower and irrigation dams, it's the taxpayer who pays. These are usually built at taxpayer expense (usually low interest loans) and then everybody fights over the water.I'm sure that is somewhat true but the reservoirs were paid for by the electricity generator.
So this is a case of the farmers asking someone else to foot the bill for the reservoirs and then complaining that they are not used exactly as they want.