Posted on 05/04/2022 5:34:33 AM PDT by rktman
Renewable energy prices have skyrocketed while new wind and solar installations have plummeted over the last year, even as governments continue to forge ahead with ambitious climate plans.
While the U.S., European Union, other Western nations and international organizations have all pursued aggressive climate agendas that involve expanding renewable energy technology and infrastructure, prices have surged and profits have declined, according to industry reports and corporate earnings reviewed by the Daily Caller News Foundation. President Joe Biden has made a series of climate pledges, including a commitment to decarbonize the grid by 2035 and achieve net-zero economy-wide emissions by 2050, while pushing a long list of anti-fossil fuel policies
(Excerpt) Read more at wnd.com ...
You can look at the LCOE from the DOE and see very clearly that wind & solar are the most expensive forms of energy on the planet.
“It’s a big lie.”
Nice catch there Thomas.
Now open your eyes all the way.
Ev er y thing liberals say is a big lie.
What’s “LCOE” and is it on the Dep of Energy web site?
They quit using sails for reasons.
It doesn’t matter what it costs if it doesn’t work.
It can’t meet the demand, period.
Unfortunately, 99% of the public can’t comprehend the implication of that.
We need to stop FOOLING OURSELVES.
The Left, at least their leaders, know EXACTLY what going ‘carbon-neutral’ will cost and what it will do to our standard of living and even the number of people this country (and other countries in the West) can support.
They’re not dumb, for if they were dumb, they would have been laughed out of the policy world. Instead they’re on the cusp of pulling off their ‘Great Reset’, with the opposition reduced to showing a bunch of big, mind-numbing, numbers and graphs. The Left is BRILLIANT - our side still considers them ‘our friends across the aisle’. The Left is correct - it is OUR SIDE that is full of idiots, people who still think they can win by ‘showing them the light’.
So it’s time to stop fighting them with facts, they (again, the leaders) know all the facts, they read the same studies that we publish and read, and they SALIVATE at the thought of pulling it off. They need to be dealt with for what they actually are and what they are actively trying to do to this country.
If some folks have their own panels for their house, it works for some folks. Some on here have IIRC. Large scale such as running Vegas or LA or d.c..........not so much. Boeing 777, solar? Nah!
Years ago a liberal newspaper put up a green energy ‘wind mill’ at a regional site. The point was to show how cheap and wonderful wind energy was. They very quietly took it down a few years later after discoving it costs thousands to maintain and ‘saved’ a few bucks (at most) on energy costs.
Run a solar panel manufacturing plant strictly on solar power.
Run a wind turbine manufacturing plant strictly on wind power.
Bet you can’t.
Of course to be truly ‘sustainable’, production for all the raw materials for the products should also be solar/wind powered as should distribution/shipping of the raw materials and products. Mine the aluminum for solar panel frames and do the extrusion process using solar power. Load them on an electric truck charged by solar and deliver to plant.
Ain’t happening.
Cheapitude arguments don’t take into account the removal of large areas of land from other uses and the destruction of bird life entailed by windmills, especially of large raptors and migratory fowl. Cry for the polar bears(which are thriving and increasing) but Eagles are expendable.
“It doesn’t matter what it costs if it doesn’t work.”
That’s true today, and we also know it costs enough to require government subsidies and other government interventions.
The true cost of solar and wind is so high as to make it impractical from a financial point and a negative from an environmental point. The true champion of power production is nuclear power plants. Micro nuclear power plants based on molten salt reactor shows promise.
Some neighbors put solar panels on their house maybe 20 years ago, in one of the earlier subsidy binges. They love them. They don’t go around proselyting, but they do enjoy major savings. They also have some kind of electric car — I’ve not bothered to notice the make — to go alongside their well-maintained 20 year old conventional car with 300,000 miles on it.
When the solar panels were installed, I did ask about the cost. Their out of pocket cost at that time was $3,000. Being a bull in the manger, I then asked if they knew the total project cost. They did; they are pretty sharp people, entrepreneurial, regular churchgoers and at least nominally Republican, though of the squish variety. The total project cost at that time was about $30,000.
Moral of the story: solar is an excellent investment if you can get someone else to pick up 90 percent of the cost.
The greenies are peddling massive subsidies and lying about it. I would have no objection to the push for home solar if they were honest about the cost. It’s the lying I object to. And the hiding of the cost in the utility bills; it’s primarily paid via renewable energy purchase mandates imposed on the utilities, which means that it’s embedded in other people’s billings.
At this point in time, I can get solar panels on my house at zero out of pocket cost to me; the utility would get the solar panels, I would get the power, and the utility gets count the installation towards its regulatory mandate. I should probably do this soon and let all the neighbors start subsidizing my electricity.
Yeah we too but probably not. We have a good size space on the south side of the house with clear space we could use rather than making a nesting area for pigeons in the roof. Also down slope east side where some panels could go. Might blind our next door neighbors though. Or catch the fence on fire.
I agree with your overall premise that we should quit subsidizing solar (or just about anything else). But I disagree with the implication that the subsidies impact a person's decision on whether or not to get solar. This is based on my belief that the subsidies artificially inflate prices.
In my case the 26% solar tax credit artificially inflated the otherwise $24K system to almost $33K because the suppliers and installer knew that I was willing to cough up a net $24K and that jacking up the cost to $33K with the 26% tax credit would result in the net cost to me being within my threshold.
So the tax credit didn't impact my decision on whether or not to get solar. What it did do was make my suppliers richer.
Funny, according to this DOE document (below), the LCOE for single-tracking, photovoltaic, utility-scale solar power is $36.49 BEFORE tax credits ($33.83 after). Offshore Wind’s LCOE is $136.51, so technically, if you combine the two, you will get a very high AVERAGE, but there would be no purpose other than deceit to combine the two.
For comparison, combined cycle is about $40, nuclear is $88. Hydroelectric is $64, based on the low-hanging fruit that has been developed.
https://www.eia.gov/outlooks/aeo/pdf/electricity_generation.pdf
Why is DC..and every leftist state Capitol..100?% green?
Why isn’t AOc and Chuck and Nancy 100% green?
Why isn’t DC..and every leftist state Capitol..100?% green?
Why isn’t AOc and Chuck and Nancy 100% green?
Even running your own house the ONLY reason people like me considered it were the 30% Federal Tax credit that was available at one point.
I believe that has been reduced down to 25-26% ish for the year 2022.
In addition various states had tax credits and other incentives to reduce the initial cost.
My daughter and son in law installed an array at their residence in southern NH. My accountant son in law expects a 12 year or less payoff. When they installed theirs the NH state government was giving you $2500. The Fed was giving a 30% tax rebate.
In most cases solar is only a good option if your house is off grid.
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