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Spain's Solar-Power Collapse Dims Subsidy Model Article (Solar Power bubble popped!)
WSJ Online ^
| September 8th, 2009
| By ANGEL GONZALEZ and KEITH JOHNSON
Posted on 09/08/2009 6:50:49 AM PDT by 2banana
click here to read article
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$1.6 Billion to replace ONE COAL PLANT!!!!
1
posted on
09/08/2009 6:50:50 AM PDT
by
2banana
To: 2banana
2
posted on
09/08/2009 6:52:06 AM PDT
by
wastedyears
(The best aid we could ever give Africa would be thousands of rifles to throw out their own dictators)
To: 2banana
"The solar industry in 2009 has been undermined by [a] collapse in demand due to the decision by Spain," says Henning Wicht, a solar-power analyst at research group iSuppli.Right. That evil Spanish government has single-handedly caused the collapse of the solar industry. It has nothing to do with the fact that it fails in a free-market economy and is uneconomic without continual and eternal price supports by governments.
To: 2banana
and a coal plant can produce energy 24/7
To: 2banana
That $1.6 billion was the government subsidy, NOT what the solar plant cost. If the government subsidized half of it, the cost was north of $3 billion.
To: 2banana
Without massive subsidies, neither solar nor wind can replace coal or nuclear power for generating electricity.
6
posted on
09/08/2009 6:58:54 AM PDT
by
The Great RJ
("The problem with socialism is that you eventually run out of other people's money." M. Thatcher)
To: 2banana; OKSooner; honolulugal; Killing Time; Beowulf; Mr. Peabody; RW_Whacko; SideoutFred; ...
Ping me if you find one I've missed.
Another good article is wildmills as 'bird grinders' - and how the oil industry gets fined millions for harming even one eagle, but the wind power companies get off completely scott-free.
7
posted on
09/08/2009 6:59:27 AM PDT
by
xcamel
(The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
To: 2banana
Never, ever, underestimate the damage that can be done when a politician dabbles in science.
There’s a reason they went into politics - and it ain’t public service.
It’s the fact that there is NOTHING ELSE THEY CAN DO.
8
posted on
09/08/2009 7:06:07 AM PDT
by
Da Coyote
To: 2banana
The big problem with solar and wind is they produce zero potential energy, i.e., energy that can be used when needed, such as coal or oil. With the monumental finds recently of oil, shale and natural gas, the world will almost never run out. The only resource the luddites have is to demonize coal and oil. Thus enter the Global Warming fanatics.
To: 2banana
Nuclear power is the way to go.
10
posted on
09/08/2009 7:07:41 AM PDT
by
ClearCase_guy
(Play the Race Card -- lose the game.)
To: 2banana
The Spanish produced electricity for, IIRC, $615 a megawatt, as opposed to 95 cents per megawatt for Coal.
11
posted on
09/08/2009 7:08:30 AM PDT
by
agere_contra
(We do not need a censorship of the press. We have a censorship by the press.)
To: 2banana
The company that I used to work for had many eggs in one basket with a solar producer in Michigan.
Two months after I saved their butts in troubleshooting and fixing a major production problem, (Which cost nothing to repair) they eliminated my job and let me go after 18 years.
I just checked the stock price of the solar company and see that is is swirling down the toilet.
Yeehah!
12
posted on
09/08/2009 7:10:23 AM PDT
by
cyclotic
(Boy Scouts-Developing Leaders in a World of Followers.)
To: 2banana
Imagine if U.S. government projects that compete with commercial providers had to meet some profit target, even just 0.5%, in order to continue.
13
posted on
09/08/2009 7:12:05 AM PDT
by
polymuser
("We have a right to debate and disagree with any administration!" (HRC))
To: ClearCase_guy
amen.....
“A little nookie never hurt anybody” Bumper sticker purchased from a Larouche airport table
14
posted on
09/08/2009 7:13:24 AM PDT
by
bert
(K.E. N.P. +12 . fasl el-khital)
To: 2banana
What????!!
Wind power is “MUCH CHEAPER” and requires less land???????!!
It takes 1350 wind turbines to equal one coal fired plant, each occupying 5 acres of land, plus all the spider web of extremely UGLY transmission lines that are required to move this stupidity to any nearby grid. The Coal Plant occupies about 20 acres, while the extremely inefficient and costly wind farm occupies 6,700 acres of land to do the same thing. (Not including the transmission lines)
Not only that, but the long term maintenance costs and difficulties of these systems will force electrical costs to more than double due to that aspect alone.
But these people know this and will lie cheat and steal to have their way, simply because they believe they are moraly correct and are above logical scrutiny.
15
posted on
09/08/2009 7:16:28 AM PDT
by
PSYCHO-FREEP
(Give me LIBERTY or give me an M-24A2!)
To: PSYCHO-FREEP
simply because they believe they are moraly correct and are above logical scrutiny. Its about the money.
To: 2banana
What does a coal plant cost? At least, one that generates as much electricity as these solar installations collectively do? And what of the cost of fueling and operations over, say, 20 years?
17
posted on
09/08/2009 7:26:20 AM PDT
by
RonF
To: ProtectOurFreedom
Captain Obvious, I presume?
;^)
18
posted on
09/08/2009 7:27:09 AM PDT
by
SAJ
(way too late to 'work within the system'. just about time for rebellion)
To: 2banana
As a result, Spain's solar capacity last year increased to 3,342 megawatts from 695 megawatts, the size of a coal plant,And that's very confusing syntax. Is the size of a coal plant a) 695 MW, b) 3,342 MW, or c) (3,342-695) MW?
19
posted on
09/08/2009 7:27:38 AM PDT
by
RonF
To: paul in cape
True, but there are various mechanisms to store the energy and release it later. You pay a price for that, but they do exist.
20
posted on
09/08/2009 7:29:26 AM PDT
by
RonF
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