461–470 of 596 posts
I've read somewhere that Czechs (day ahead price of 463EUR/MWh) produce electricity at 0.1EUR/MWh, then sell it to an exchange in Germany and buy it back for the "market" price. Somebody over there is getting extremely rich for no reason and I am wondering why nobody is doing anything about it...
I don't like it but if that's the system we need to accept the pros and cons.
To put this into context: https://tradingeconomics.com/commodity/eu-natural-gas I call this “the Greta curve”.
Let’s blame advocates for renewable energy.
That’ll make people see reason and solve the issue /s
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I've seen a report or two talking about how fertilizer plants are being shutdown or run at reduced capacity across Europe because of gas costs. Electricity is the least of our problems.
Oh, It is much more then just fertilizer plants. Fertilizer plants stoped this week all over EU. (Yara Norway, Azoty Poland etc.) The moment you stop fertilizer plants you stop supplies of CO2 and NO2 industry gases and that stops dairy plants, meat factories, breweries etc... Basically you stop food production and distribution. And after cows get culled and you have 2-3 years before production can come back to initi…
The EU is the biggest exporter of food next to the US. Much of the world is going to be affected.
At the current electricity prices, break even point for household PV installations even in coldish climate (Latvia, Eastern Europe) is on the order of 3-4 years without subsidies. Granted, it does not solve the problem that the energy I'll spend in the fall/winter has to come from somewhere but financially it is at the very least closer to being balanced out. Also, this is in a country, where the net metering system…
Buying panels, inverters, heatpumps and booking installer times are significant bottle necks at the moment for further household PV installation.
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That’s just a different problem we can’t solve, either.
Multiple solutions are already known, some better some worse. It's politics and economics that's in the way, and even then the world is changing.
The in-topic part is for instance about p.v.: if you think a global electricity grid as a solution you dream something that seems to be logic, if you are a manager but is a totally crazy idea because we are not AT ALL a global community. Even if some neoliberals call themselves World Government [1] the reality is that we are various States with different interests and NOTHING at a certain scale can work simply because of that, any other thing aside.
Not only: the idea that we have the production capacity, substitution included, to build and run such monster is another dream, with the same realism of those who say "hey, I produce 130% of my consumption from p.v.". It's an old classic of those who "try and fix on the go", who typically create hyper-big disasters and survive thanks to those who do not work as them. If the entire world take this path such a big fail will not be solved by anyone.
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The EU could have invested in solar in Greece, Italy and Spain and Cyprus and interconnects further north, and likewise offshore wind in Denmark, pumped storage in Sweden, Austria and Greece But it failed in securing energy resilience. I hope it has learned its lesson.
I don't think is that easy as doing it in the game city skylines :)
HVDC interconnects are not hard. We have them already. Allocating land isn't hard, it's a law in the Spanish parliament.
It just requires political will to survive. Which apparently isn't a thing people have.
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Multiple solutions are already known, some better some worse. It's politics and economics that's in the way, and even then the world is changing.
> Multiple solutions are already known Care to link to some?
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It's an opportunity cost, particularly in Germany against other RET investments such as nuclear/wind: https://www.sciencedirect.com/science/article/pii/S030142152...
last time that i checked, I couldn't find any nuclear reactor to my home. I have however 8kwh solar panel on my roof and I'm quite happy with that.
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Multiple solutions are already known, some better some worse. It's politics and economics that's in the way, and even then the world is changing.
I'm honestly curious about a thing, that might sound not so in-topic, but that is, actually: HN is supposed to be a technically sound community, however when someone post about some trendy neoliberals-related topics a certain part of the community instead of remain technical start to be partisan, sometimes at fanatic levels. The in-topic part is for instance about p.v.: if you think a global electricity grid as a sol…