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Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

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91–100 of 124 posts

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#92

Earlier quoted context omitted.

Don't be jealous of our peak power price though: $0.56/kWh (I have a battery though, so I rarely pay full tote - which is one of the reasons I got a battery)

Not jealous but that’s no worse than much of California (assuming those were USD you quoted, not AUD).

I'd have assumed it was AUD, and even then it's high. I pay 0.28/kWh AUD in Sydney. That'd be 0.2/kWh USD.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#93
post #48

Earlier quoted context omitted.

So is it bad that governments don't allow the processes and manufacturing to take place in their own countries, allowing independence and market dynamics and economies of scale to result in yet another order of magnitude cost reduction in solar? Or is it good that China doesn't do ecological protections, worker protections, or the things that western countries do, so we get to profit from the exploitation and polluti…

Economists have this thing called "comparative advantage". E.g. the US specialises in software; China in PV and batteries; EU in industrial equipment; the Middle East, oil; Australia IIRC is minerals; each trades what they're optimised for in exchange for what the others are optimised for, and are better off for it. This works only so long as nobody is dominating a strategic sector, something that everyone needs but…

>China in PV and batteries; EU in industrial equipment; the Middle East, oil; Australia IIRC is minerals

What about Africa and the rest of Asia? Surely they merit mention more than Australia?

Also, Australia's number one export are Hollywood actors.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#94

Earlier quoted context omitted.

Don't be jealous of our peak power price though: $0.56/kWh (I have a battery though, so I rarely pay full tote - which is one of the reasons I got a battery)

Not jealous but that’s no worse than much of California (assuming those were USD you quoted, not AUD).

That's AUD, so maybe California's a (fair) bit worse then. I always thought the US had pretty darn cheap power.

Looks like California's maximum peak rate is US$0.74/kWh (without including the baseline credit), which is equivalent to AUD$1.04/kWh

Yeahnah, I don't know what I'm complaining about then.

Get solar panels, get batteries!

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#95

Earlier quoted context omitted.

That's a bit of an understatement. Essentially all residential scale solar panels and batteries are now built in China.

So is it bad that governments don't allow the processes and manufacturing to take place in their own countries, allowing independence and market dynamics and economies of scale to result in yet another order of magnitude cost reduction in solar? Or is it good that China doesn't do ecological protections, worker protections, or the things that western countries do, so we get to profit from the exploitation and polluti…

I think your impression of China is outdated by about a decade

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#96

Oceania too: Australia installed 442 MW of residential solar and 2.5 GWh of residential batteries in the month of April alone . Both numbers are partly juiced by changes to a rebate program from May, but the overall trend remains explosive growth. https://reneweconomy.com.au/households-still-going-big-on-so...

Yep, India installed 4 GWh of solar in just the month of April as well.

[deleted]

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#97
post #49

Right now the UK makes up the volatility of its heavy reliance on wind with LNG. So this isn't exactly a hedge against gas shortage.

Ember Energy: British power prices are increasingly independent from gas - https://ember-energy.org/latest-insights/british-power-price... - May 13th, 2026 * 15% of British power generation is already de-linked from the gas power price. This is from 10 GW of operational renewable capacity currently covered by the price-setting Contracts for Difference scheme. * A third (36%) of power generation in Britain will be pri…

Looking at peak wind isn't particularly helpful I'm afraid. The problem is what happens when there is no wind, like in early May (https://gridwatch.co.uk/). Having more wind capacity isn't helping. Batteries are for smoothing minutes/hours not days. Solar obviously only a few hours a day and weak at this latitude.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#98
post #97

Earlier quoted context omitted.

Ember Energy: British power prices are increasingly independent from gas - https://ember-energy.org/latest-insights/british-power-price... - May 13th, 2026 * 15% of British power generation is already de-linked from the gas power price. This is from 10 GW of operational renewable capacity currently covered by the price-setting Contracts for Difference scheme. * A third (36%) of power generation in Britain will be pri…

Looking at peak wind isn't particularly helpful I'm afraid. The problem is what happens when there is no wind, like in early May ( https://gridwatch.co.uk/ ). Having more wind capacity isn't helping. Batteries are for smoothing minutes/hours not days. Solar obviously only a few hours a day and weak at this latitude.

[deleted]

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#99

I'm assuming that China, with its industrial power and leadership position to produce a bunch of green energy components (like solar panels), is well-positioned to benefit from this.

Well, they act clever. The more important question is why other countries are not as clever. I am getting tired of the "democracies are the better model", which I would agree with, but then China just pushes through with bulldozer sinomarxism turned mega-capitalism. And that's working. So what the heck are those democracies doing other than failing really hard right now?

They have a benevolent dictatorship. 99% of dictatorships are utter and total disasters so the world is right to be wary. Pretty much all post monarchy political studies are about how to prevent the concentration of power because it usually goes horribly wrong. But yes, if you actually find a benevolent dictator it is the best form of government. You can’t really beat one decision maker that is immune to consequences.

Re: Iran Shock Jolts Asia and Europe to Speed Up Energy Transition

#100

Earlier quoted context omitted.

Well, they act clever. The more important question is why other countries are not as clever. I am getting tired of the "democracies are the better model", which I would agree with, but then China just pushes through with bulldozer sinomarxism turned mega-capitalism. And that's working. So what the heck are those democracies doing other than failing really hard right now?

They have a benevolent dictatorship. 99% of dictatorships are utter and total disasters so the world is right to be wary. Pretty much all post monarchy political studies are about how to prevent the concentration of power because it usually goes horribly wrong. But yes, if you actually find a benevolent dictator it is the best form of government. You can’t really beat one decision maker that is immune to consequences…

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