Re:White House eyes subsidies for nuclear plants to help mee...
by epistasis on Wednesday May 05, 2021 @05:25PM
(#27056024)
However far away storage is from commercial viability, it's far closer than with nuclear.
Costs are dropping so rapidly that typical 5-year timelines for utility planning and procurement is running into some problems. People who make bids have to anticipate their costs in the future, so there's considerable betting going on.
Agreed on the heat pumps versus fossil heat. I moved in the past few years, and replacing all the natural gas is my first task before installing solar. By replacing natural gas with a heat pump, my total energy consumption has plummeted drastically. However, my utility charges only about 15% as much for a unit of natural gas energy as it does electrical energy, which eliminated the cost savings! So now that I better know my total energy consumption the switch to solar will happen very soon, and save me a ton of money.
Costs are dropping so rapidly that typical 5-year timelines for utility planning and procurement is running into some problems. People who make bids have to anticipate their costs in the future, so there's considerable betting going on.
Agreed on the heat pumps versus fossil heat. I moved in the past few years, and replacing all the natural gas is my first task before installing solar. By replacing natural gas with a heat pump, my total energy consumption has plummeted drastically. However, my utility charges only about 15% as much for a unit of natural gas energy as it does electrical energy, which eliminated the cost savings! So now that I better know my total energy consumption the switch to solar will happen very soon, and save me a ton of money.