171–180 of 363 posts
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With current technology getting through long days of sunshine linked demand is not an achievement worthy of celebration.
> sunshine linked demand The demand lags the sunshine which is why it's a non-trivial problem.
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Texas also has higher energy demands (residential AC + industry + bitcoin friendly). Seems intuitive that they would have more to gain from larger battery infrastructure.
CA also shoots itself in the foot by having all its wealth and population in mild areas so those places run the show and nobody takes it seriously until it's a hot-summer, everyone cranks the AC, the grid keels over and then "how could this have happened". It's literally the stick in spokes meme. Sure there's some guy in the desert who's been screaming about how this stuff matters, but nobody listens to him because t…
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2022, not 2023. That was due to one time effect of corrosion repairs. For 2023 and 2024 EDF was profitable, with net income of those two years exceeding that 2022 loss.
And I’m generally a nuclear proponent but one of the worst investments the French utility made was investing in the UKs reactor debacle at Hinkley C.
Ouch!
The electricity mix in France is still way cleaner than in California: - France: https://app.electricitymaps.com/map/zone/FR/5y/yearly - California: https://app.electricitymaps.com/map/zone/US-CAL-CISO/5y/year... And their kWh costs less than 20 Cents in the standard plan: - https://particulier.edf.fr/content/dam/2-Actifs/Documents/Of... They even offer flex prices going down as low as 12,32 Cents/kWh. Nuclear power…
Quebec has them both beat. Hydro rules! https://app.electricitymaps.com/map/zone/CA-QC/5y/yearly (To be transparent, there's controversy around calling hydroelectric renewable.)
It would put me out of a job but I'd still rather see a surge in nuke generation and solar with storage, at least until we get fusion figured out.
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> Or we could treat nuclear rationally and stop increasing the price three orders of magnitude past diminishing returns Who is we here? Do you have examples of any countries having successfully done what you are proposing?
China https://x.com/bataille_chris/status/1981476968202752109
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CATL is just dumping
CATL had a profit of $2.6B last quarter on sales of $15B. That indicates they're pricing well above cost rather than below it.
But then China is a non-market-economy, so none of these rules apply in a hypothetical anti-dumping case -- ie, China's local price, or "normal value" doesn't matter.
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Are you saying Texas doesn't have much rooftop solar? That's surprising. I suppose largely due to low electricity costs making the investment not worth it? (And, I suspect, secondarily, utilities not really incentivizing it)
And the hail, I suppose.
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Quebec has them both beat. Hydro rules! https://app.electricitymaps.com/map/zone/CA-QC/5y/yearly (To be transparent, there's controversy around calling hydroelectric renewable.)
I am a bit biased, as an engineer who works exclusively in hydro powerplants, but i think they're awesome too. With that said, it's becoming more apparent that in addition to the biosphere issues they cause, they also cause a pretty significant amount of methane to be released. https://www.hydropower.org/blog/new-study-sheds-light-on-res... It would put me out of a job but I'd still rather see a surge in nuke generat…
> I'd still rather see a surge in nuke generation and solar with storage
> California hasn’t issued an emergency plea for the public to conserve energy, known as a Flex Alert, since 2022. Feels like that statement deserves to be contextualized with weather data. There were a few summers leading up to that where all of the major metro areas shared concurrent record high heat days, and sometimes coincided with poor air quality from wildfires (meaning more people closed their windows and ran…
when will it replace the headline in editorial importance?
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Electricity prices are set by the French government not the wholesale cost or cost of production. Which is why EDF - the operator of the French nuclear fleet - regularly posts massive losses. Like the €18 billion loss in 2023. https://www.lemonde.fr/en/france/article/2023/02/17/france-s...
It should be noted that most of EDF's massive losses are due to the ARENH. The European Union insists that EDF must sell energy at very discounted prices, so that third-party "providers" can make an entry on the energy market. The idea was that they would eventually sell their own energy supply, but most just pocketed the difference between the dirt-cheap energy & what they charged customers, then ran away the moment…
I'm not sure if I'm feeling better or worse that it's a EU invention. Either way, it's hellof a corrupt practice.