The best solution is "small modular nuclear": https://www.sec.gov/Archives/edgar/data/1822966/000110465921149612/tm2135348d1_ex99-2.htm …
(We own $SV, into which NuScale is merging.)
We're told solar and wind future But when wind is not blowing and sun not shining? Batteries! Yet Europe uses 7.5GWh/minute and has 10.2GWh of battery storage: enough for just 1m:21s 2030: 11m:45s After that, we need 100% backup, mostly fossil fuels https://www.woodmac.com/news/opinion/the-growth-and-growth-of-the-global-energy-storage-market/ …pic.twitter.com/NjORVM6Mtm
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Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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you can use hydro instead. Wind and sun power the grid when it shines/blows (keeping water in reservoirs), and hydro when it doesn't. The water held at altitude is essentially a battery-like store of energy. Requires cabling to/from hydro to windy areas, eg Norway to Denmark.
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Hydro power? No focus on that
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All this talk about hydro & nuclear and batteries when solar and wind fail, but no one yet has acknowledged the cost of these alternatives. Only the wealthy will be able to afford them. Energy must be both sustainable & AFFORDABLE. Natural Resources are both if not restricted.
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Hydro power is pretty much the cheapest for of energyhttps://www.nve.no/energi/analyser-og-statistikk/kostnader-for-kraftproduksjon/?ref=mainmenu …
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The cost of solar is going down by 90% per decade and wind and batteries by 80% per decade. The cost of 100% Solar, 100% wind and 2 days of batteries will match current costs with no subsidies. Need a plan in place to implement this with contingencies if Wright's Law ends.
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Batteries only work for small-scale systems. Great for households but not a solution to power industry.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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