Dauntless
100 TW
Do you really think there'll ever be enough of either to think about one crushing the other?
I suspect it will take a LONG time to produce “Green” Hydrogen economically, in quantity...probably 30-50 years.....Still, the green hydrogen industry is in its infancy. The rush from companies in Europe is expected to bring as much as €470 billion (US$560 billion) by 2050 in government funding and private investment,
https://lifepowered.org/wp-content/uploads/2020/07/2020-04-RR-Bennett-LP-Federal-Energy-Subsidies-2.pdfThe Texas Public Policy Foundation conducted a major enquiry into this subsidies thing, and released a long findings paper, well, a book really, as all these enquiries release hundreds and hundreds of pages of findings, and titled Federal Energy Subsidies And Support From 2010 To 2019.
So, what they have done is to compare the subsidies on the basis of subsidy dollars per unit of electricity generated, and that actually is a fair comparison, considering coal fired power generates huge amounts of electricity, and renewables so little.
They found that Solar power gets just under $83 in subsidies per MWH, wind power gets $18.86 per MWH and coal fired power receives 73 cents per MWH.
So solar gets 113 times the subsidies of coal fired power, and wind receives just under 26 times the subsidies of coal fired power.i
markz said:Ianhill, yeah nuclear is alright but no one wants it near them. Plus all the environmental permits and town halls make it not worth building. Capital costs are very high.
2015 Article - https://www.weforum.org/agenda/2015/05/what-does-nuclear-power-really-cost/
Ianhill said:No one wants nuclear on their door step...
Transfer operations at SONGS began in January 2018 and have not been entirely smooth. That summer, one of the 50-ton canisters became misaligned during handling and was left perched on the rim of its cavity, 20 feet off the ground, without support, for 45 minutes.
?. Coffee break maybe ??markz said:..............one of the 50-ton canisters became misaligned during handling and was left perched on the rim of its cavity, 20 feet off the ground, without support, for 45 minutes.
Dauntless said:Nuclear power
markz said:"Not in my backyard" and preferably "No where near me"
Dauntless said:Nuclear power
YES,... Did you read the same article i did ?Dauntless said:I don't understand, you think that was FAVORABLE to green? $800 trillion cost …"
That guy know little about the situation.......I’m simply saying solar energy and wind energy have become cheaper and thus, more attractive in many countries.
This means incredible amounts of clean, renewable electric power are now available to us.
It means an epic transition away from dirty electric power to clean electric power.
It means a reordering of a trillion-dollar-plus industry.
And when one industry is on its way out the door, there will be a surge in new industries taking its place…
Or even a new hybrid model that will allow the previous industry to survive… but in a fashion that’s checked all the boxes to be environmental and social, with proper governance.
But the best part?
We’re going to make a boatload of money being fashionably early… Investing in the new masters of the clean energy universe.
Hillhater said:YES,... Did you read the same article i did ?Dauntless said:I don't understand, you think that was FAVORABLE to green? $800 trillion cost …"
Hillhater said:That guy know little about the situation..But the best part?
We’re going to make a boatload of money being fashionably early… Investing in the new masters of the clean energy universe.
Sure , he says it will cost a lot, but his figures are way short of reality. . . The guy is looking at it as an oportunity to make money !
markz said:unless Biden gives them free money to convert + extra money for the officials to pocket.