Re:EU coal and gas collapse as wind and solar ascend
by hgomersall on Wednesday February 07, 2024 @02:22AM
(#39285575)
I read recently about South Australia and what they've achieved with transitioning their grid in no time at all. It gives me hope it might happen (in time?) through sheer self interest.
Re:EU coal and gas collapse as wind and solar ascend
by Staple_Diet on Wednesday February 07, 2024 @04:21AM
(#39286354)
As someone living there presently rooftop solar is massively subsidised and an obvious choice given our near year round sun. A standard install is approx. $5k AUD ($3.5k USD) and will produce 30kw/h or more on a sunny day, this means a summer energy bill is around $100 for the 3 months (those that locked in higher buyback rates can even make money off the provider in summer).
We just need better/cheaper storage solutions, as a $10k Tesla battery just doesn't stack up.
Re:EU coal and gas collapse as wind and solar ascend
by stephen_g on Thursday February 08, 2024 @12:34AM
(#39298631)
Solar is subsidised here, but not massively anymore - it's more the huge demand and pretty competitive market that keeps things cheap I think. My 6.6 kW solar system had a subsidy of about $1,750 so I paid around $6500, and unfortunately when I installed it (2019), I was already about six or seven years too late to get locked in feed-in pricing (and it's already dropped since I installed the system). Panels are a bit cheaper now so yeah 5 kW for $5K is definitely in the realm of possibility but the rebate is dropping over time.
Back in the early 2010s, it was very heavily subsidised for sure, my father managed to get in then and even with a system half the size of mine he hasn't paid for a power bill since... The system was a lot more expensive to install per kilowatt then but the feed-in tariff he gets is insane and is still locked in for another five years or so...
Re:EU coal and gas collapse as wind and solar ascend
by ehnto on Wednesday February 07, 2024 @02:55AM
(#39285761)
South Australia also has a de-salination plant to protect against drought and the other states over-using the main river that runs through them. As well the steel plant is trying to go green through a local hydrogen electrolysis plant (an article related was on the frontpage today).
Both processes running off a renewable grid is a great step forward.
But I think you're wrong on one point - going green isn't an economic hit in the scheme of things - even not counting the possibly incredibly high costs of climate change into the future (food insecurity, more frequent and more severe weather disasters, etc.) - renewable generation is cheap, and storage is also getting cheaper every year. Energy efficiency improvements have also seen demand trending down even as populations increase and there is a push towards electrification. Meanwhile nuclear has always been pretty expensive, and coal and gas prices have been fairly high in recent years. With some demand management, more distributed storage, new battery technologies, economies of scale etc., the cost of highly renewable grids is not likely to be a big deal.