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The price of fossil fuels was heading up long before Albanese made his grandiose, and unnecessary claim. His failure to deliver is not the fault of fossil fuel prices.Cos fossil fuel prices went up.
Not the fault of renewables.
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The price of fossil fuels was heading up long before Albanese made his grandiose, and unnecessary claim. His failure to deliver is not the fault of fossil fuel prices.Cos fossil fuel prices went up.
Not the fault of renewables.
We haven't closed the other sources and we're still connected to a national grid.
Snowy Hydro, the biggest battery, has been delayed a long time, so they might need to extend some other generation, but it's due to operate in 2027, which isn't that far away.
The price of fossil fuels was heading up long before Albanese made his grandiose, and unnecessary claim. His failure to deliver is not the fault of fossil fuel prices.
No shortage if batteries are built. Solar plus batteries plus added transmission costs are cheaper then coal and gas generation (and nuclear).All electricity prices are subject to Supply vs Demand.
There is not enough electricity when renewables are not generating, so the suppliers cash in.
With plans to close coal plants, and plans to electrify truck and bus fleets, this shortage will continue for a long time while they play catch up with wind farms, solar farms and batteries.
Nearly everything you buy is based on supply and demand and the manufacturing/production costs are sometimes irrelevant.
No shortage if batteries are built. Solar plus batteries plus added transmission costs are cheaper then coal and gas generation (and nuclear).
Probably the best decision taken in the Turnbull Morrison govt
Exactly! As I said the other day, energy policy is fertile ground for the ALP, there's no need to let hubris take over.It was a bit stupid, you’d think he’d learn from a similar one by Abbott
They are if you realise a power grid doesnt need 1 for 1 back up. For an independent off grid hub where you do need full back up they are quite expensive. But not in a large grid thats also connected with wind and hydro across multiple states with flexible consumers to boot. The storage ratio becomes quite small therefore bringing down the costs. The power models i work with suggest that fully decarbonised grids only require 5-20 percent storage capacity.I'd be interested to see your costings, but it would take too much space in the wrong thread.
Batteries are NOT cheap at all.
We haven't closed the other sources and we're still connected to a national grid.
Snowy Hydro, the biggest battery, has been delayed a long time, so they might need to extend some other generation, but it's due to operate in 2027, which isn't that far away.
They are if you realise a power grid doesnt need 1 for 1 back up. For an independent off grid hub where you do need full back up they are quite expensive. But not in a large grid thats also connected with wind and hydro across multiple states with flexible consumers to boot. The storage ratio becomes quite small therefore bringing down the costs. The power models i work with suggest that fully decarbonised grids only require 5-20 percent storage capacity.
We've been short in Victoria since Hazelwood closed.
Businesses are being "paid" to shut down at peak times to avoid brownouts.
Snowy is massive.
It doesn't matter its been delayed, at the moment surplus renewable is only occasional where the Snowy will be drawing from. ( It will improve ).
If they shut down Yallourn, the Snowy "might" cover it.
After that they need more.
Meanwhile, if you were investing money, why would you build a Solar farm that will produce most of its electricity when all the other solar panels in the state are delivering flat out? As Nut says, Solar power at the right time is virtually free.
Why invest in something you are giving away for free?
climate change alone will increase electricity demandLarge solar farms have contracts with retailers ..
The spot price is what’s left over and can be Volatile.
renewables during the day will be worth more when they can be stored.
Also demand for electricity will increase as we transition to EVs
Large solar farms have contracts with retailers ..
The spot price is what’s left over and can be Volatile.
renewables during the day will be worth more when they can be stored.
Also demand for electricity will increase as we transition to EVs
Not even started on tidal energy yet. Totally reliable and often in darkness
Red areas will have strong tidal flows
View attachment 2023796
So you claim that Solar Farms will make good money from Battery operators.
If the Battery Operators also make good money, that sounds like expensive electricity to me, given the Battery operators also have to pay for their Battery.
Yes i mentioned that EV's will create more demand, and when demand outstrips supply it gets expensive.
I know it's the wrong thread, but are there enough materials on the planet to build enough batteries to the scale required to replace fossil fuels?I'd be interested to see your costings, but it would take too much space in the wrong thread.
Batteries are NOT cheap at all.
I know it's the wrong thread, but are there enough materials on the planet to build enough batteries to the scale required to replace fossil fuels?
Does anyone have any evidence?
California Governor Gavin Newsom described the lake as the Saudi Arabia of lithium. The U.S. Department of Energy estimates that there are 3,400 kilotons of lithium beneath the Salton Sea, enough to produce batteries for 375 million electric vehicles.
California Governor Gavin Newsom described the lake as the Saudi Arabia of lithium. The U.S. Department of Energy estimates that there are 3,400 kilotons of lithium beneath the Salton Sea, enough to produce batteries for 375 million electric vehicles.
The I looked up how many vehicles there are in the world today.
In 2024, the number of cars in the world has grown to 1.475 billion – that's one car for every 5.5 humans, or 182 per 1000 humans.9 Feb 2024
This is not taking into consideration, storage batteries for houses with solar, let alone large scale batteries for power stations.
Yeah I know it's only one place in the world with lithium reserves, none the less the article you've posted doesn't confirm whether or not there is enough material to build to scale to replace fossil for the whole world.
Dutton has certainly set the cat among the pigeons. Think about it. Just like the Voice to parliament with Linda Birney front and centre, Albo will now have to front up and defend his mass immigration, and renewables only energy policy day after day after day with numbskulls like Bowen, O Neil and Giles in the spotlight. Could be a one termer.
Turns out he didn't even have to do that for a single day.Albo will now have to front up and defend his mass immigration, and renewables only energy policy day after day after day
Its hard to understand because the manufacture and materials needed to make mega batteries mostly defeat the purpose of saving the atmosphere. Also the technology isn't anywhere near viable.