Posted on 02/11/2021 1:41:15 AM PST by nickcarraway
The average energy investor is by now well aware of the sector's monumental shift from fossil fuels to renewable energy. Coal-powered power plants have been shuttering at an alarming clip as the price of electricity from natural gas and renewables undercuts them while wind and solar generation continue to gain the ascendancy.
But nowhere has this change been as dramatic as the transport industry, with EV titans such as Tesla Inc. (NASDAQ:TSLA) and NIO Ltd. (NYSE:NIO) now commanding substantially higher valuations than their imposing ICE brethren, General Motors (NYSE:GM) and Ford Motors (NYSE:F). Indeed, the global EV sector now carries a higher valuation than the global ICE sector despite accounting for less than 3% of new vehicle sales in 2020.
It's a situation eerily reminiscent of the thousands of buggy and whip companies that were rendered obsolete in the early 20th century.
But now, a section of Wall Street says the situation is a lot more dire than that.
Morgan Stanley has argued that traditional ICE makers are destined to become money-losers as early as 2030.
MS' analyst Adam Jonas says the market may be ascribing zero or even negative value for ICE-derived revenues at GM and Ford and has listed a variety of factors that are likely to transform the companies' once-profitable assets into potentially cash-burning and loss-making businesses.
Pivoting to EVs
Morgan Stanley is hardly alone in its very dim outlook of the traditional auto industry.
A recent survey on institutional investors by the investment firm has revealed that 17% of respondents think ICE technology has no zero or negative value today, while 60% have rated ICE technology as only slightly positive. Just 23% think gasoline and diesel tech still carries a significant positive value. Related: Oil Prices Slip On Large Gasoline Build
(Excerpt) Read more at oilprice.com ...
I wonder what powered the chain saw
If you are going to live off grid that’s the first thing you need to get rid off.
~~~~~~~~~~~~~~~~~~~~~~~~~~
Well, I have no intention of getting rid of hot water or the dishwasher and that’s the point. I don’t intend to get rid of any item that is part of normal life... there’s no need to. On the other hand, dishwashers are all over the map as far as how much energy they take and I intend for mine to be as efficient as possible. The biggest energy requirement is the hot water and that’s why it’s important to reclaim as much of that energy out of it to the extent possible before sending it on down the drain.
Taking the approach that looks you are suggesting is the Jimmy Carter approach to energy efficiency... put another sweater on and turn the thermostat down. That’s not energy efficiency... that’s doing without.
We always laughed and made jokes driving past San Onofre
That’s all fine and well, but what happens to the panels after they’re used up? They leach metals into groundwater and many of their components are mined with bad consequences for the environment.
I still think hydrogen fuel cells are the way to go. Right now they’re making strides that will signifigantly reduce the price of producing hydrogen in large quantities. The hydrogen infrastructure could run in parallel with gas stations.
CC
There's a slight difference.
Buggies and whips were supplanted by superior technology that actually functioned as advertised.
So far, what I see is supposed to replace fossil fuel powered vehicles are EVs. EVs have a shorter range, take a long time to charge, and are dependent on electricity generation and access to electricity, all properties which make them not very convenient. Oh, and since electricity generation is being scaled back, those EVs will end up sitting around unused at some point in the near future (if Biden and the other dictocrats have their way). We are really going to cover our country with windmills and solar panels to try to replace coal and natural gas plants? What about wildlife and the environment?
Since biden crude went from 40 to now almost $58 a barrel. How is that worthless?-)
I like the idea of fuel cells, but energy density is really problematic - as is the complete lack of distribution infrastructure. Competing is EVs, which have a compact [near] solid-state storages of 100-500 miles, and you can literally just buy and plug in (I did) - infrastructure being nearly ubiquitous, albeit often underwhelming. “hydrogen infrastructure could run in parallel with gas stations” overlooks a complete lack of hydrogen support in place, vs electric running direct to the property (local upgrades may be needed, that much easier than supporting a new commodity from zero).
Yup, fuel cells may be the best of both worlds, but EVs are getting there much sooner.
No technology is without its flaws.
We have a gas boiler for cooking and heating - the wood stoves are just there to keep the character of the building but they are still used on really cold days.
But I replaced the boiler with one that is already convertible to hydrogen mix and we’re going to be trialling that within the next 5 years.
I won’t bother with air source heat pumps. If hydrogen works out I’ll upgrade to CHP and use the hydrogen to complement solar and wind generation.
My solar panels and inverter are recyclable, and are fitted so that any leeching goes into a gutter connected to a filtered downpipe.
My electricity provider uses its money to maintain the local waterways, forests and wetlands. The wood I burn comes from their manager forestry.
Yes, I’m aware that this makes me sound like a total tree hugging hippy. Nope, it’s just that I’m a prepper. Even my fences are zombie proof. We’re on solid rock, so I’m even graboid proof.
No, it’s going to be the biggest black market product ever.
Although, come to think of it, maybe I went too far. What’s the fun of having s graboid proof rec room? No challenge.
GM supported the Trump administration's pro-carbon lawsuit that was meant to force California and several other states with gas-mileage standards to lower them to the national standards. GM, however, flipped after Trump lost in November and withdrew from the suit on Nov. 23 after Biden became the clear winner. Since then, GM has announced a raft of electrification plans, which has helped GM stock rally 35% in the year-to-date.
Tells you all you need to know.
GM supported the Trump administration's pro-carbon lawsuit that was meant to force California and several other states with gas-mileage standards to lower them to the national standards. GM, however, flipped after Trump lost in November and withdrew from the suit on Nov. 23 after Biden became the clear winner. Since then, GM has announced a raft of electrification plans, which has helped GM stock rally 35% in the year-to-date.
Tells you all you need to know.
Claims.. now just match it with links to real products and you might have something. Otherwise.. just talk.
There are huge stories all across the financial & investment press about rechargeable Lithium batteries on the broad scale.
Is that just more huff n puff out of the clowns at the top?
Asking for my best friend (me).
I posted the manufacturer name and the model numbers of the solar panels.
Viessman is the vendor of hydrogen ready storage combi boilers like mine (model 222-F). And they have CHP solutions.
Take your pick on battery vendors; I went with Pylontech US3000 rackmounts. I know people with Pylontech for EPS, who also have a Tesla powerwalls. The guy opposite me has put 28 batteries in his garage, so his set-up is very homebrew.
Google (or your preferred alternative) is your friend.
Inverters - much of a muchness. SofarSolar, BYD, Sunny Boy, GivEnergy... Or you can go for microinverters.
Two billion lawn mowers, leaf blowers and edgers might disagree.
5.56mm
They are all morons.
Thanks.. but also bore.. now I have to dig through the thread for the rest.. I will chase this down.. still, the domestic load is only 30% of all power use. Most are industrial and commercial.
For posterity, we generated 8.32kW yesterday, the battery provided a further 5.3kW, and we used 22kW. A big chunk of usage was not part of our daily consumption.
Like I said, that’s on a cloudy day in early February with the sun too low in the sky to do much before 11am. In 3 months time we’ll be generating far more, and for longer periods. By midsummer it should be possible to average 20kW.
And this is a SMALL setup. There’s room on the main roof for another 8 panels on the east side, 4 on the south side, and we could fit another 6 on outbuildings.
If I do that purely to export the generated power, I’d be in net profit within 5 years.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.