Solar Farms

[Hamloc]

The current massive renewable energy investments worldwide that are larger than fossil fuel investments according to the IEA, speak for themselves.

But of course the naysayers will make all kinds of lame excuses and arguments as to why renewables can't be integrated into our grids and economy. Even though there are numerous successful examples here and around the world.

Its not one or the other. Its all of the above generation sources including lots more lower cost renewables.

Its a long transition that will take place over time.

It is like everything related to government dictate Chuck2, spend more receive less!

[furrowtickler]

Have you heard of inflation Furrow?

The costs for everything related to electricity are going up and generation is only one part of the cost of delivering electricity.

Solar and wind have some the lowest life time costs of electricity. LCOE

Storage is available and renewables are still growing and improving.

How can Texas and North Dakota have so many renewables if they don't make sense?

Crickets or excuses on that question every time!

You have been told several times why , you just don’t listen

[AlbertaFarmer5]

How can Texas and North Dakota have so many renewables if they don't make sense?

Crickets or excuses on that question every time!

No crickets, I've answered, but you refuse to acknowledge.

Why does Louisiana, using almost entirely fossil fuels have much cheaper electricity than Texas with much more renewables?

[shtferbrains]

Renewables are dead Chuck because the investment money will dry up.
Government subsidies are not sustainable because the taxpayers have figured out they pay and get higher prices.
Investors won't be putting any money in projects without the up front taxpayer subsidies and the tax credits provided by governments that are running huge deficits.

Saw one example used of a large solar company involved in rooftop and huge projects.
If you invested $1000 ten yrs ago you still had $411 left.
If government pulls out it's all a stinking pile of shit.

[shtferbrains]

Heard a wind promoter on the radio last week saying they put up the projects with no government funding and sell at contract pricing.
No cost to the taxpayers.
Then at the end he says they partner with aboriginal bands on all projects now..

Where does their money come from?

Government money with tax exemptions?

[AlbertaFarmer5]

As any economist will tell you, the higher interest rate environment we are in now ( and for at least a generation to come) has doomed renewable projects regardless of how much grift and corruption governments apply.
When the majority of the cost is up front, and return is spread over decades ( if ever), and interest rates increase by many multiples, the scam collapse because those interest costs overwhelm the actual project cost.
As compared to fossil fuel generation where the financed up front cost is minor compared to the ongoing cost of fuel which is spread over the lifetime of the project.

[AlbertaFarmer5]

Storage is available and renewables are still growing and improving.

Your complete lack of answer to my question about the actual cost of renewable energy storage and how much you have installed now that it is available and affordable, speaks volumes.

Is it safe to say that you only consider it to be affordable if taxpayers are paying for it through subsidies? Or if big energy corporations are paying for it indirectly subsidized by higher energy prices to the consumer?
But not affordable for you when it is your money, and not other people's money?

[chuckChuck]

[url]https://www.bbvaresearch.com/en/publicaciones/spain-more-renewables-to-continue-lowering-costs/[/url]

Spain | More renewables to continue lowering costs

Summary

The increased penetration of renewable energies in Spain, especially solar and wind, has reduced wholesale electricity prices by 20% in the last three years and could cut them by a further 20% by 2030 if the ambitious PNIEC targets are met.

Key points

• Renewables contribute to lower electricity prices despite their dependence on weather conditions and the current lack of energy storage.
• From 2021 to 2024, the remarkable 20 percentage point increase in the share of renewables, driven by solar and wind, reduced wholesale electricity prices in Spain by almost 20%.
• Lower energy prices have reduced the unit revenues of solar and wind, especially in the case of solar. However, there is no clear evidence that lower energy prices are deterring investment in renewables (a phenomenon called ‘cannibalisation’).
• Looking ahead, meeting the ambitious PNIEC targets could reduce prices by another 20%.

?

[blackpowder]

Reduced from what.

[furrowtickler]

“Could” …… lol
and last I checked Spain has a far warmer and sunnier climate than 90% of Canada , with near zero winter and snow