Replying to Avatar elsat

Looks like you are talking about the electric grid use case. A few comments:

Cost effective transport is practically 100% oil. There is no second best.

Despite the central planners efforts (red tape) and trillions of subsidy (i.e. read theft and crony capitalism/corporate socialism to friends of the central planners) to low density unreliable energy gen, fossil fuel energy is at 80%.

In general I am supportive of all energy generation forms, given the following requirements:

1) reject all forms of central planner diktat, and subsidy

2) consumers and businesses must not be forced to buy from unreliable energy generators

3) let consumers choose what works best for them.

In the case of Germany, the central planners mandate 1/3 from unreliable wind and solar sources (in sunny Germany, lmao). Westerners will not accept an electric blackout regime. Therefore 100% reliable energy generation is required at moments notice the sun is not shining, or the wind is not blowing. Today this is French nuclear, and German coal. Why does this matter: Germans pay three times the electric price of Americans. Energy poverty ensues in the wealthiest country in Europe. Of course the poorest are the hardest hit. Businesses relocate to Poland, China etc.. where there are competitive electric rates. Regular Germans lose good paying jobs to other places.

Geothermal is amazing where it is present: Iceland, Guatemala, El Salvador.. As is hydro: Labrador, Paraguay, mountainous regions. One of these and/or a shale gas well at the citadel is the dream šŸ˜.

Tidal & wave are low density, and non economic at scale today.

Battery tech & unreliable energy sources may work great for remote communities without a grid. At grid scale this tech does not replace reliable electric gen.

Miners are an awesome free market solution to fiat subsidy created problems in diktat @ subsidy for unreliable electric generation.

I’m pretty excited what tomorrow holds for the future of energy gen. I will be the first to cheer entrepreneurs pursuing the free market approach to energy gen, and I hope there will be more abundant, reliable, and cost effective energy sources for humanity to progress up the Kardashev scale.

To conclude, oil is here to stay, and humans want more of it. I welcome new competitive energy sources.

I was not aware that the German government set mandates for grid power production, although I'm not surprised.

Whatever the reasons, this is the result in Germany.

https://www.cleanenergywire.org/factsheets/germanys-energy-consumption-and-power-mix-charts

I agree with you that there should be no government subsidies for energy generation. There should be standards for the kind of power that gets pushed into the grid but that's about it. If companies can make a profit providing power to the grid, then their business model is viable. And the sources of grid power do not matter to consumers, only reliability. We don't need central planning to make that happen, we need a market based system that keeps track of and balances the supply, storage and demand of electrical power as needed to maintain the grid voltage and amperage.

I've read enough about the science of climate change to have my own opinions about it, but this doesn't seem to be a good place to have that conversation.

Reply to this note

Please Login to reply.

Discussion

A thing of beauty. Fuck around and find out. #rekt