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In Europe, wind and solar overtake fossil fuels

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Re: In Europe, wind and solar overtake fossil fuels

#11

Post by testing22321 »

jacquesm wrote: post #7
testing22321 wrote: post #4

Solar prices in the US are criminal, protecting oil and gas who bought all the politicians. Canada here. 7.6kw on our roof for $0 out of pocket thanks to $5k grant and $8k interest free loan. It makes 7.72Mwh per year, worth $1000. Tight valley, tons of snow. We put that on the loan for 8 years, then get $1000 per year free money for 20 years or so. Biggest no brainer of all time. Dad in Victoria Australia just got 1…

And that's $1000 per year at today's energy prices, which surely will go up over time.

They’re already locked in approved to go up at least 6% a year here. It just went up 16% this year for people out of town.

Re: In Europe, wind and solar overtake fossil fuels

#12

Post by njarboe »

jacquesm wrote: post #7
testing22321 wrote: post #4

Solar prices in the US are criminal, protecting oil and gas who bought all the politicians. Canada here. 7.6kw on our roof for $0 out of pocket thanks to $5k grant and $8k interest free loan. It makes 7.72Mwh per year, worth $1000. Tight valley, tons of snow. We put that on the loan for 8 years, then get $1000 per year free money for 20 years or so. Biggest no brainer of all time. Dad in Victoria Australia just got 1…

And that's $1000 per year at today's energy prices, which surely will go up over time.

One could hope with improving tech and decreasing regulations we could have decreasing (nominal) energy prices in the future. That would be progress.

Re: In Europe, wind and solar overtake fossil fuels

#14

Post by nxm »

flexie wrote: post #6

But Trump explained to us yesterday, how wind and solar is for losers. Surely, we should be looking in to how we can transition back to fossils.

At the end of the day, the retail cost of electricity in many EU member countries can be two to three times the cost of electricity in the US. Ultimately that’s what matters to consumers and businesses.

Also, Trump called out the idiotic decisions by greenies such as shutting down nuclear power plants and make long your industries less competitive as a result.

Re: In Europe, wind and solar overtake fossil fuels

#17

Post by slavik81 »

testing22321 wrote: post #4

Solar prices in the US are criminal, protecting oil and gas who bought all the politicians. Canada here. 7.6kw on our roof for $0 out of pocket thanks to $5k grant and $8k interest free loan. It makes 7.72Mwh per year, worth $1000. Tight valley, tons of snow. We put that on the loan for 8 years, then get $1000 per year free money for 20 years or so. Biggest no brainer of all time. Dad in Victoria Australia just got 1…

The Greener Homes Grant and Greener Homes Loan you describe have ended, but the 160% tarrif on imported solar panels remains. Solar prices in Canada are still quite expensive, and regulations are needlessly strict. Solar fencing is illegal in many jurisdictions, balcony solar is illegal everywhere, and utility-scale solar is effectively prohibited in the regions with the most sunlight.

Solar production in Canada will continue to grow, but we're not doing nearly as much as Europe to encourage it.

Re: In Europe, wind and solar overtake fossil fuels

#18

Post by mano78 »

mekdoonggi wrote: post #9
mschuster91 wrote: post #3

Earlier quoted context omitted.

> If Europe is a big customer for Chinese exports, and Russia is antagonizing, it seems like China would have an incentive to put pressure on Russia. China wants Russia to at least keep the Ukraine war going, if not eventually win the darn thing. Russia winning (or getting away with an armistice that lets them keep Crimea and Donbas) means a precedence China has for a land-grab of its own - obviously Taiwan, but othe…

That makes sense, but if that's the case, why aren't they invading Taiwan now? Wouldn't now be the perfect time?

Yep, a time when anyone can say to an ally "Greenland must be mine" and more or less get away with it...

Re: In Europe, wind and solar overtake fossil fuels

#19

Post by jhrmnn »

raincole wrote: post #10
mekdoonggi wrote: post #2

Curious if this will eventually change China's calculus with regards to Russia. If Europe is a big customer for Chinese exports, and Russia is antagonizing, it seems like China would have an incentive to put pressure on Russia. It already seems like Russia is positioned to be completely subservient to China in the future.

If Europe were a big customer for Russia energy, it seems like Russia would have an incentive to not antagonize it. Oh, see how well it went.

Europe was a bit customer for Russia energy, and Russia invaded an EU neighbor nonetheless. After which it stopped being the customer. So it seems like that incentive didn't really work.

Re: In Europe, wind and solar overtake fossil fuels

#20

Post by mrits »

testing22321 wrote: post #4

Solar prices in the US are criminal, protecting oil and gas who bought all the politicians. Canada here. 7.6kw on our roof for $0 out of pocket thanks to $5k grant and $8k interest free loan. It makes 7.72Mwh per year, worth $1000. Tight valley, tons of snow. We put that on the loan for 8 years, then get $1000 per year free money for 20 years or so. Biggest no brainer of all time. Dad in Victoria Australia just got 1…

It's not always a no-brainer. If you live in a good established neighborhood in a warmer climate you'd have to remove tree coverage. Even if you did that, it's the other guys not oil or gas that will make it a hassle.
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