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Originally Posted by accord1999
Except it's not that much money, or at least not that much energy. Only equivalent to growth of about 1% of annual world electricity generation.
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S-curve. You still don't get it.....
But it's not just renewables. Storage is coming online now too. If you're this in to energy, surely you've read about Lazard's LCOE and LCOS findings.
https://www.lazard.com/perspective/lcoe2019
Quote:
Originally Posted by accord1999
I do expect as solar and wind penetration increases to see the collapse of a number of European electricity grids when many of their aging reliable generators retire and they are unable to handle high demand situations in the winter.
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You're about 3 years behind on your crocodile tears.... Grid storage (battery, flywheels, molten salt), demand-management, etc. makes those problems increasingly manageable going forward.
Also, I don't buy the fantasy of all that solar and wind going on roofs and in backyards. Far easier to do all this at grid-scale where it can be managed. Cheaper too.
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Originally Posted by accord1999
40 years ago, Chinese roads were filled by bicycles. Now they're filled with cars. As Indians grow richer, will they be satisfied with:
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Ever been to India? Rickshaws are the only things that can get around in a lot of those cities. If you take your car, you'll get across just in time to leave work and get home just in time to go to bed. Middle class families don't own rickshaws. They use them as cheap taxis. In effect, last mile public transport in many cases. Many have cars. And will still use rickshaws as part of their commute or quick trip across town. Which is why electrifying rickshaws is a big deal.
Also last I checked, car sales are down over there. Despite economic growth surpassing China.
Quote:
Originally Posted by accord1999
And how much of cost savings comes from theft?
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You should read up about gas theft in those parts of the world....