Someone is smoking crack. Where is all of that electricity going to come from? Windmills? Solar panels installed just a few years ago are needing replacement because that’s what the Sun does. This recommendation is based solely on banking on Washington’s manipulation of the markets with taxpayer dollars. Back to the glorious days of Solyndra!
That site has posted total BS in the past. If I remember correctly, they said high oil prices were good for the economy because of more spending - the old broken window fallacy.
I got the latest generation of solar panels in October after a year of brownouts and frequency issues from the grid.
This week, despite cloudy skies and intermittent snowfall, they were generating enough power to run my entire house off grid, charge the emergency power (single battery backup), and export to the grid.
We got all the way from 4am to 8pm before the solar and battery arrangement was unable to fulfill our demand. This is a multigenerational house with eight occupants, and two full time offices, over 40 network ed devices and large washing machines capable of taking equestrian gear.
The installer has been in the trade for 25 years and is stunned that we’re getting this in February. My panels were about 75 dollars more expensive, each, than panels that wouldn’t be generating anything at all in this cloud cover.
After the equinox we will be capable of running the entire house off solar, after spending no more than 2500 dollars on panels.
The problem is the panels are too good! We now need a bank of batteries because we can’t use the solar fast enough. The energy company will but it for 5p a unit but sell it back to me at 25p when I need it. I might as well just store it for use at night.
Over the road from me, another house with panels is doing this already and he’s charging 2 hybrid cars.
And once the non-lithium battery market takes off, the cost of the most expensive component of any solar setup will plummet.
In 5 years time you’ll be able to convert your house to full off-grid solar and charge your electric car for free if you have one, all for a one-off spend of 6000 dollars.
And it’ll be good for 12 years minimum.
If you can show me any fossil fuel energy supply that can power my house for 500 dollars a year, please do.
If you can’t... That is why solar is one to watch.
Agree. The hedge funds are running a game on investors and trying to recover their recent losses.
ow many companies are developing EV Harvesters, Combines, disc cultivators, etc etc?
Gonna get mighty hungry.
In discussions with my sister and my “woke” adult children most of whom view themselves as being among the coastal elite and not beholden to flyover country. The vaunted “green new deal” relies heavily on nuclear power. Their claim is the safety issues have been solved by new technology and that energy source is what will make up the shortfall between wind and solar production and the current level of “fossil fuel” generation.
This was quite a revelation to us baby boomers who remember well how rabidly opposed the left was to nuclear power. To the point that they bankrupted LILCO by refusing to allow the Shorham plant to open on LI. That turned out to be part of the left’s master plan as that area is serviced by a government owned and run outfit
Still More #ComDem_Insanity!
Not just in terms of generation, but the distribution lines have to be able to carry the increased amperage for load demands. And properly sized transformers, and metering, and secondary cables...
You have to realize these so-called analysts that work for Big Banks such as Morgan Stanley are no different or no better than the hedge funds that got a massive beat down from the GameStop situation. They’re just talking heads with an opinion they really don’t have any facts just agendas, which generate market movements which equals money for them..
“ Where is all of that electricity going to come from? ”
The woketards think it just comes from the little plug in thingy on the wall.
Hey... Solyndra built a marvelous facility for Seagate.
-PJ
You CAN NOT make Glass or steel without very high temps.
Will NOT be provided by wind or solar.
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).
They are all morons.