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Global Solar Power Investment Will Top $1B per Day This Year

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Re: Global Solar Power Investment Will Top $1B per Day This Year

#41
post #22

Earlier quoted context omitted.

I think solar makes sense in all of the places that otherwise are unused. Roofs and the shades of car parks, for example. But I am not a fan of giant fields of solar panels. Or worse, taking arable land and covering it with solar panels. Nuclear (smallest geographic footprint and smallest overall environmental impact) + solar & wind is the way forward.

But I am not a fan of giant fields of solar panels. Or worse, taking arable land and covering it with solar panels. Why are there any negatives here? A field of solar panels is far more valuable than a field growing corn to feed to cows. Nuclear (smallest geographic footprint This doesn't matter, there is no shortage of land. People living in high rises in the center of big cities think there is, but once someone loo…

there are always environmental impacts to land when we deprive it of sunlight, which is why picking the low hanging fruit of covering man-made structures with panels would be preferable over large fields

Re: Global Solar Power Investment Will Top $1B per Day This Year

#42
post #41

Earlier quoted context omitted.

But I am not a fan of giant fields of solar panels. Or worse, taking arable land and covering it with solar panels. Why are there any negatives here? A field of solar panels is far more valuable than a field growing corn to feed to cows. Nuclear (smallest geographic footprint This doesn't matter, there is no shortage of land. People living in high rises in the center of big cities think there is, but once someone loo…

there are always environmental impacts to land when we deprive it of sunlight, which is why picking the low hanging fruit of covering man-made structures with panels would be preferable over large fields

Trees deprive land of sunlight, that seems to work out fine. Do you have any actual information or data?

Re: Global Solar Power Investment Will Top $1B per Day This Year

#43

I get a little frustrated that all of the people who crapped all over solar power can now simply sit there quietly as it becomes a major component of electricity generation and pay no price for spreading anti-solar propaganda at such a historically critical juncture. I always found it particularly grotesque coming from the HN crowd, where an audience of mostly engineers and entrepreneurs seemed to have no problem fin…

I have at times tried to explain realistic visions of what it takes for renewables to become, say, 75% of the grid and people have taken it as crapping on solar, because I describe how it will require trillion dollar scale storage solutions. But fossil fuels also require trillion dollar scale extraction solutions, so I don't see it as crapping on solar, it won't be easy but we will do it, I hope!

$1T is really not that much money for the US.

Energy is 4.8% of US GDP, about ~$1T. So we already have $1T to spend on energy... It's just a matter of how we spend it.

This is just what things cost when you've got 335M people and most of them are relatively rich from a global perspective.

Re: Global Solar Power Investment Will Top $1B per Day This Year

#44
post #10

Careful of the municipal utility bait and switch! Here in Idaho they recently adjusted the net metering credit to greatly decrease the value of solar energy. They waited until there was a lot of solar adoption in the state, and then pulled the rug on solar owners under the guise of “making sure everyone pays their fair share”

That also happened in CA but if you already had solar panels you continue with the same rate for a while. Doesn't seem right to switch it for those already installed.

Doesn't seem right to limit it at all, new or already installed. In fact they should be quadrupling down on incentives for solar considering climate change.

Re: Global Solar Power Investment Will Top $1B per Day This Year

#45

I get a little frustrated that all of the people who crapped all over solar power can now simply sit there quietly as it becomes a major component of electricity generation and pay no price for spreading anti-solar propaganda at such a historically critical juncture. I always found it particularly grotesque coming from the HN crowd, where an audience of mostly engineers and entrepreneurs seemed to have no problem fin…

I've observed the same. However I've also found, at least older engineers, often to be oddly conservative despite a huge overlap with being Star Trek fans.

Makes no sense. Maybe it's like the brain gets really efficient at solving problems in a specific way that it gets harder to see problems from another angle.

Regardless it's a really exciting time to be an engineer.

Re: Global Solar Power Investment Will Top $1B per Day This Year

#46
post #17
post #11

Earlier quoted context omitted.

My imagination still prefers nuclear! I don't mind solar projects but think it's a big mistake to not invest in nuclear.

Civilian nuclear power help share costs with the nuclear military industrial complex (e.g. Russia, France, UK, USA) and it's useful for countries that have a clear and pressing desire to be able to develop a nuclear bomb in a hurry (Sweden, South Korea, Japan), but without those caveats there isn't much point to it which is why nobody else builds it. Its LCOE is 5x that of solar and between 1.5x-3x more expensive tha…

> paired with just about all viable forms of green large scale storage (hydrogen, batteries, pumped storage).

I'm skeptical that these can actually scale to the required level to provide baseload when renewables are unavailable. Don't forget to include EVs and electric heating, which we don't have in massive quantities today but will need to have in short order.

(To be ultra-clear: I would never argue against more renewable deployments. Yes, more renewables, always more. But I think not building nuclear, right now, is a big mistake.)

Re: Global Solar Power Investment Will Top $1B per Day This Year

#47

Earlier quoted context omitted.

There's a paragraph about 2/3rds down that rolls out all the usual BS, and links to an article, by the same author, suggesting we need to slow down renewable rollout as it is "destabilising the grid".

Can you please respond to this? I just want to make sure misinformation isn't being spread. >Just curious because this question is always posed when HN disagrees with something. Are the recent climate events actually statistically significant?

Can you clarify what you are asking?

If you mean: can we prove that man-made climate change is a factor in making some recent weather events (hurricanes, floods, wildfires, droughts etc.) worse, then yes:

https://www.carbonbrief.org/mapped-how-climate-change-affect...

Re: Global Solar Power Investment Will Top $1B per Day This Year

#48
post #11

I get a little frustrated that all of the people who crapped all over solar power can now simply sit there quietly as it becomes a major component of electricity generation and pay no price for spreading anti-solar propaganda at such a historically critical juncture. I always found it particularly grotesque coming from the HN crowd, where an audience of mostly engineers and entrepreneurs seemed to have no problem fin…

My imagination still prefers nuclear! I don't mind solar projects but think it's a big mistake to not invest in nuclear.

For baseload power I agree, but looking at Zaporizhzhia in Ukraine, it's hard not to see the downsides of nuclear: it's vulnerable to water/cooling issues and can be weaponized by terrorists or an invading army.

Solar has none of these issues, and is resilient/decentralized as well.

Re: Global Solar Power Investment Will Top $1B per Day This Year

#49
post #13

Earlier quoted context omitted.

I wouldn't characterize that as a bait-and-switch, but as adjusting to economic reality. When solar is <1% of penetration, a solar kWh is basically just as valuable as any other kWh. When solar gets over 10% of penetration, a solar kWh is worth much less than any other kWh - when the sun is shining, energy is plentiful. By the time you get to ~25% solar penetration, energy is almost free on a sunny day at noon, and m…

Nonsense, until 100% of daytime generation is solar/wind every KW added still offsets generation from other sources. This myth is mostly perpetrated by the suppliers of power based on more expensive and more polluting sources who see the value of their investments slashed.

"still offsets" - yes

"just as valuable" - no

Reducing the price that the utility pays for solar KWs makes economic sense.

Re: Global Solar Power Investment Will Top $1B per Day This Year

#50
post #17
post #11

Earlier quoted context omitted.

My imagination still prefers nuclear! I don't mind solar projects but think it's a big mistake to not invest in nuclear.

Civilian nuclear power help share costs with the nuclear military industrial complex (e.g. Russia, France, UK, USA) and it's useful for countries that have a clear and pressing desire to be able to develop a nuclear bomb in a hurry (Sweden, South Korea, Japan), but without those caveats there isn't much point to it which is why nobody else builds it. Its LCOE is 5x that of solar and between 1.5x-3x more expensive tha…

> but without those caveats there isn't much point to it which is why nobody else builds it.

Having power and not freezing to death when the sun doesn’t shine and the wind doesn’t blow is a pretty solid point.

We just put a new nuclear power plant into service in Finland.

> Its LCOE is 5x that of solar and between 1.5x-3x more expensive than solar/wind paired with just about all viable forms of green large scale storage (hydrogen, batteries, pumped storage).

Do you have any sources to back up these figures? I’m genuinely interested.

How is hydrogen a viable storage form when you cannot burn 100% hydrogen and fuel cell aren’t available or cost effective at utility scale?

How are batteries a viable storage form when there isn’t enough global manufacturing capacity to store energy at scale?

How is pumped hydro a viable storage form when you are limited by geography and can’t really build any more?

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