41–50 of 166 posts
I installed a solar system at my home in Massachusetts for 17k last year (after tax credits), 7.82 kw. So far it's covered about 70% of my usage and 5.7 Mwh. I don't have a full year of data yet so I expect that number to grow as it includes the summer months. I drive an EV and this includes the car.
With oil prices and wars, the adoption for renewables and not just solar should accelerate to wean the world off oil.
$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.
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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.
Exactly. Sadly, it gets overlooked how much subsidies nuclear and even oil+gas have received over the years. Nuclear energy wouldn't even be a thing without heavy govt subsidies. And it keeps needing subsidies. No nuclear plant is economical without subsidies. (The operators admit this themselves.) In contrast, the solar and wind industry is eventually carrying itself without subsidies. In many parts of the world tha…
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It will happen when we have better weather forecasting models. If it gets randomly cloudy for 5 days this month and 17 days next months screws up planning for factories, farms, datacenters etc.
Batteries, having a mixed grid of renewables, and new advances in nuclear solves this
New advances in nuclear is what I hope for. First experimental SMRs are being installed in several places of the world, others are in design stage. Looks like a hopeful technology.
$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.
50 billion dollars a year is never "almost nothing".
And yet all solar gear installed comes from China. Source: I am electrician installing it.