The war against renewable energy

[SaintsSeptember]

500,000 per MWh where are you getting this figure from?4wdsupercentre sells lithium batteries for half that cost…
It’s more like $100,000… and the price continues to fall.

It is changing fast.
From Renew Economy at the start of 2024 they were around $900 /kwh , July they were as low as $600 /kwh.
I priced it at $500.
I've just seen the CSRIO is suggesting that prices will be $367/kwh by the end of the decade.

So at $367 per KWH, its $367 000 per MWH.

At $367 the price of replacing 14 hours of Hazelwood is $16.8 Billion.

In a big factory in China , they shove a handfull of AA sized batteries into a plastic box. They shove the plastic boxes into a bigger box and stick it in a shipping container to 4WDsupercentre.

Now you can't just shove 306 thousand tonnes of those into shipping containers and dump them in a paddock in Australia.
a) You need to buy the paddock.
b) You need to build the facility. ( With Aussie construction prices ).

My internet is a bit haywire at the moment, but i just saw a glimpse of an indian based article suggesting that the plummeting prices were more to do with a "price war" in china as new factories come online.

 

[nut]

China discovers its own lithium deposits…

 

[SaintsSeptember]

China discovers its own lithium deposits…

They have more than us now, so i hope we ( Australia, or Gina or something ) weren't hoping to cash in on it.

 

[nut]

They have more than us now, so i hope we ( Australia, or Gina or something ) weren't hoping to cash in on it.

I hope we are developing our own ability to produce sodium batteries.

 

[PiCkLeJuiCe]

I hope we are developing our own ability to produce sodium batteries.

You can't have it fast, cheap and good. Build them here, and you might get good and maybe fast, but not cheap.

 

[SaintsSeptember]

You can't have it fast, cheap and good. Build them here, and you might get good and maybe fast, but not cheap.

Its probably a fairly automated process.
Australia is a shocker though, any servicing pneumatic and hydraulic parts, generic industrial equipment, charging through the roof.
Its the overheads that kill you.

 

[Deliverance]

They have more than us now, so i hope we ( Australia, or Gina or something ) weren't hoping to cash in on it.

Cxo says hi

 

[Deliverance]

"The cost was estimated at 51.7 billion euros ($52.73 billion), but revised up to 67.4 billion in 2023"

16 billion increase in 12 months

https://www.reuters.com/business/energy/france-far-ready-build-six-new-nuclear-reactors-auditor-says-2025-01-14/

 

[nut]

"The cost was estimated at 51.7 billion euros ($52.73 billion), but revised up to 67.4 billion in 2023"

16 billion increase in 12 months

https://www.reuters.com/business/energy/france-far-ready-build-six-new-nuclear-reactors-auditor-says-2025-01-14/

France backing the wrong horse…

 

[SaintsSeptember]

France backing the wrong horse…

How do you gather that from the article? It just means they are struggling to get funding.
The fact that they want to replace their old reactors suggests that they are very happy with their status quo.
They are amongst the lowest emitting countries on the planet and they are able to sell to the rest of Europe at a premium when sustainable sources are low.

 

[nut]

How do you gather that from the article? It just means they are struggling to get funding.
The fact that they want to replace their old reactors suggests that they are very happy with their status quo.
They are amongst the lowest emitting countries on the planet and they are able to sell to the rest of Europe at a premium when sustainable sources are low.

Because they are going down the path of the most expensive form of energy… they’ll have no one to sell their power to when these reactors are finished.