321–328 of 328 posts
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none of this is remotely socialist
Which is precisely the kind of thing that causes cries of “but that’s socialism” in the US!
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have you seen the turnover stats on small businesses? most ‘die’ in a few years anyway. look up the history of why the fed exists and you’ll see why we have ‘small’ downturns.
I’m well aware of the history of the fed. Most small businesses fail because they were never serious businesses to begin with. A business closing down after running for a year with no profit isn’t relevant.
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I have made this argument several times that capitalism literally solves the issue of solar panels if the market allows arbitrage and true dynamic pricing. Good to see now a working example that capitalism is an excellent system of rewarding those who solve inefficiencies in markets
Solar panels were made in China. The reason that solar panels are so cheap there is that the state has bankrolled these companies to produce them at a massive scale.
I think you misunderstood the point I was making. Solar panels are incredibly cheap and provide a large swathe of power, the problem being that it depresses daytime prices meaning there is significantly less capacity at nighttime causing an increase in pricing, this delta in the form of time delayed arbitrage is the juice to be squeezed for home battery technology, The free energy market is what allowed this to happen and that is a capitalist function
The broader point here is that solar is here, it's very very cheap and the raw materials and manufactring processes are actually incredibly simple.
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I have made this argument several times that capitalism literally solves the issue of solar panels if the market allows arbitrage and true dynamic pricing. Good to see now a working example that capitalism is an excellent system of rewarding those who solve inefficiencies in markets
This only makes sense way downstream of massive subsidies, not the least of which is China determining at a federal level that they wanted to produce an obscene amount of solar panels. And now it's complicated because the ideal move would just be to say "thank you" and buy all the cheap panels and batteries, but that hollows out your own industry.
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I have made this argument several times that capitalism literally solves the issue of solar panels if the market allows arbitrage and true dynamic pricing. Good to see now a working example that capitalism is an excellent system of rewarding those who solve inefficiencies in markets
There were significant state subsidies and regulation changes to encourage home battery installation. That's a lot less "free trade" driven than the GP post indicates. Is that still capitalism being an excellent system?
There are several thousands of examples of everyday technology that has been driven into your hands directly as of a result of government spending and investment that has markedly made your life more livable and enjoyable
It started with a solar boom, many small home scale solar roofs popping up everywhere. Australia has a free trade agreement with much of the world, including China, and solar panels have literally dropped to 1/50th of the price they were in 1990 ($10/W to $0.2/W today). A shout out to the work that was done to establish dynamic grid pricing too. Anyway that caused power prices to reliably go negative during the day a…
If you read the article, most of the decline in gas consumption in Australia is from changes in industrial usage. Residential demand is only down by 6% and part of that is likely due to the effective ban on gas in new residential construction which started in 2023 in Victoria. Prior to 2023 residential gas usage was increasing.
It's funny how when you cut off someone's revenue, they get all sorts of cranky, even if it's for a social good.
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I’m well aware of the history of the fed. Most small businesses fail because they were never serious businesses to begin with. A business closing down after running for a year with no profit isn’t relevant.
And how can you tell which is which?
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I bought 32 and wished I got another 6 for the south west aspect of the house ... but still, producing 11mWh a year in the UK on an east/west aspect, electricity bill for the year (even with all cars in the household being EV's) is negative. Battery makes the difference - load shifting is doing the heavy lifting in the winter.
I hope you’re generating more than 11 milliwatt-hours per year, guessing you meant MWh :) 32*250*1400=11,200,000 watt hours, which makes more sense ;)