With oil prices and wars, the adoption for renewables and not just solar should accelerate to wean the world off oil.
Solar Energy Saves Europeans $135M a Day
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Re: Solar Energy Saves Europeans $135M a Day
#12$135M a day is almost nothing (~$50b/yr) for an area with combined GDP of ~$30T. Edit: People's general understanding of the scale of economies is genuinely terrifying to witness.
Somewhere between 6-9% of total retail electricity spend. So, not almost nothing.
Re: Solar Energy Saves Europeans $135M a Day
#13Since the EU has been under investing in nuclear, solar + batteries investments is the only way forward. While the EU is making good progress, I still think it should invest a lot more a lot faster.
EDIT: I just found out that my comments show up as dead to everyone else. Can you please change that or let me know what to do? I am not a bot...
Re: Solar Energy Saves Europeans $135M a Day
#14$135M a day is almost nothing (~$50b/yr) for an area with combined GDP of ~$30T. Edit: People's general understanding of the scale of economies is genuinely terrifying to witness.
Of course we can hope for more, but would you agree it is a good start though?
Re: Solar Energy Saves Europeans $135M a Day
#15My roof mount system is saving me $1000 a year in electricity, plus more in natural gas that I I disconnected, and it was $0 of my own money thanks to a grant and interest free loan. Electricity is pre approved to increase a minimum of 5% a year (it just went up 16% this year for people out of town), so the savings will only increase. I’ll pocket something like $35k in 25 years for $0. Best investment ever. I’m in ca…
> it was $0 of my own money thanks to a grant and interest free loan. Pretty sure it's all tax funded. Where I am as soon as the government introduced subsidies every single installer jacked their price 2-5x, now they all start right at the threshold at which the subsidies kicks in, amazing... it costs twice as much to the community but "0" to the individual
Similarly my friend swaps electric cars every couple of years (Volt -> Bolt -> Equinox) bragging about all the discounts and subsidies he's gotten. Maybe it's still beneficial through the used car market but it doesn't feel like an effective subsidy for the government to be handing out.
Re: Solar Energy Saves Europeans $135M a Day
#16And yet all solar gear installed comes from China. Source: I am electrician installing it.
Re: Solar Energy Saves Europeans $135M a Day
#17And yet all solar gear installed comes from China. Source: I am electrician installing it.
Is anyone else manufacturing it at comparable prices yet?
Re: Solar Energy Saves Europeans $135M a Day
#18Earlier quoted context omitted.
> it was $0 of my own money thanks to a grant and interest free loan. Pretty sure it's all tax funded. Where I am as soon as the government introduced subsidies every single installer jacked their price 2-5x, now they all start right at the threshold at which the subsidies kicks in, amazing... it costs twice as much to the community but "0" to the individual
Similarly my friend swaps electric cars every couple of years (Volt -> Bolt -> Equinox) bragging about all the discounts and subsidies he's gotten. Maybe it's still beneficial through the used car market but it doesn't feel like an effective subsidy for the government to be handing out.
it's a way to get infrastructure built up. the tax dollars pay for bootstrapping of the ecosystem. it's actually smart in principle if you think about it, but obviously there's room for abuse and outright fraud.
Re: Solar Energy Saves Europeans $135M a Day
#19$135M a day is almost nothing (~$50b/yr) for an area with combined GDP of ~$30T. Edit: People's general understanding of the scale of economies is genuinely terrifying to witness.
If we're talking about money not spent, aren't savings almost unlimited just from mechanization? The train, the car, the shopping cart, the dishwasher may be saving us all several economies worth of work on a daily basis
Re: Solar Energy Saves Europeans $135M a Day
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