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Solar power due to overtake oil production investment for first time, IEA says

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    #13
    Canada and solar power

    Solar Energy Statistics
    According to the Canadian Renewable Energy Association (CanREA), the solar energy sector grew by 13.6% (288 MW) in 2021. Canada now has a solar capacity of 2,399 MW, compared to 2,111 MW in 2020. Canada's most valuable source for solar generation is Ontario, sharing almost 96% of its solar power.[1] In 2021 Canada had over 50 energy storage projects with the highest concentration of facilities in Ontario. Canada's utility scale rechargeable energy storage capacity is estimated at over 160 MWac.[2]

    "Most of the solar power generating potential in Canada is located in the south in Alberta, Saskatchewan, and Ontario. Canada has an overall maximum capacity factor of 6%, compared to 15% in the US. The Canada Energy Regulator (CER) anticipates that solar will form 3% of the country's overall generation by 2040.[3] The potential in coastal regions is lower due to increased cloud cover. Many Canadian cities have a solar potential that rivals many major cities around the world. Installing solar panels on the roofs of residential homes can supply half of Canada's home energy demands. An anticipated 3,000 MW will be commissioned by the end of 2022 and a similar amount in 2023.

    From Global Energy Monitor Wiki

    We compete with the world and currently have one of the highest standard of living ratings largely attributed to our abundant natural resources including cheap abundant electricity due to Hydro and Fossil Fuels.

    We have no advantage with solar as we have among the lowest capacity factors in the world.

    Solar in Canada is 100% driven by Government regulation and subsidies, tariffs, and incentives at every level of production.
    The power produced is contracted to companies like Amazon that are intensive C02 producers to greenwash their image and avoid carbon tax. Incentivized again.

    There is no solar industry without taxpayer dollars. Zero

    “On wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.” – Warren Buffett
    Last edited by shtferbrains; May 26, 2023, 20:05.

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      #14
      Originally posted by blackpowder View Post
      Clearly the most critical lost skill in recent decades has been to know the difference between news and editorial.
      You can't really blame the reporters for being unable to distinguish between news and opinion, and for being unable to keep emotion and bias out of supposedly news stories.
      Chuck's holy Grail of scientific integrity, the peer reviewed research paper is equally guilty in recent years. Many of them are full of emotional statements, hyperbole, conjecture, presuppositions and opinions. This is especially coming in any paper related to climate change. So when a reporter with no scientific background reports on these topics, there isn't even an unbiased scientific source they can base their opinion pieces on.
      Last edited by AlbertaFarmer5; May 26, 2023, 13:42.

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        #15
        Every step towards chucks ESG utopia needs more and more oil to back it all up.

        Thats good for Ab and Sk. By all means chuck, keep going.

        Click image for larger version

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          #16
          Originally posted by chuckChuck View Post
          Alberta is leading the way on solar and wind in Canada with lots already and big plans for more according to the AESO. But Rome wasn't built in a day was it?

          You will be eating crow sooner than you think, that is if you don't freeze in the dark first?
          I will donate the knife and fork to you
          You will be wrong
          We will freeze in the dark first over any nation because of thinking like you and this coalition government

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            #17
            FFS , we don’t live in Mexico 🇲🇽
            We have 5 months of winter you clowns

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              #18
              Following European policy is absolutely suicidal in Canada unless you live in Vancouver

              Comment


                #19
                Self fulfilling prophecy…. CC this climate change cult will… with the evolution cult…. Lead civilization in to the second great judgement of humanity… destruction by fire.

                The great flood that reset civilization… and earth’s climate was our great opportunity to build a civilization on : Love, Peace, Compassion, Forgiveness, Hope is the Great Creator of our Universe… and the choices to make evil and greed extinct.

                All indications are that Evil is being worshiped as good, and the deception cults (Evolution and Climate Change ) based on greed and false well Paid off unscientific consensus.

                We alone….are responsible for our choices….

                Blessings and Prayers for rain!

                Comment


                  #20
                  Originally posted by furrowtickler View Post
                  Following European policy is absolutely suicidal in Canada unless you live in Vancouver
                  Actually, following European energy policies is suicidal if you live in Europe as well. We are watching them deindustrialize due to energy costs, and regulations.

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                    #21
                    Am I the only one hearing the Chinese and Russians laughing at us???

                    How can we be so deceived and dense????

                    Blessings and Prayers for rain!

                    Comment


                      #22
                      Did you guys not read that there is a trillion still going to oil and gas?

                      Or are you all assuming they are going to shut the tap off before there are adequate alternatives?

                      It will be a transition over the next decades probably lasting well into the next century.

                      What's remarkable is how much money is already being invested in clean energy alternatives.

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                        #23
                        Originally posted by chuckChuck View Post
                        Did you guys not read that there is a trillion still going to oil and gas?

                        Or are you all assuming they are going to shut the tap off before there are adequate alternatives?

                        It will be a transition over the next decades probably lasting well into the next century.

                        What's remarkable is how much money is already being invested in clean energy alternatives.
                        You didn't read or comprehend my comment did you?

                        According to your article, we are investing more into solar which produces 0.75% of total global energy needs, as we are investing into fossil fuels which provide 81% of total global energy needs. I confirmed those numbers today, it is worse than I originally thought.

                        What is remarkable is how much money has already been invested into supposed clean energy alternatives, and how little we have to show for it. For the same investment, fossil fuels are returning 100 times more energy, according to the numbers you provided in the first post.

                        Yet you keep telling us renewables are the lower cost alternative. With an ROI 100 times less?

                        Why would you even post this article, when it shows just how terrible the economics are? Some times I wonder whose side you are really on?

                        It's like that time you posted the article claiming that wind and solar were going to create multiple times more jobs than fossil fuels. And you thought it was a good thing. More jobs means more wages, means the end product costs that much more. It isn't a difficult concept.

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                          #24
                          Apparently, Chuck is not going to comment about the inconvenient fact that his article exposes how astronomically expensive solar power is compared to fossil fuels.
                          Thank you for doing so. It just reinforces what I was noting in the thread where we are all ridiculing chuck. This is a perfect example. He reads a headline which supports his bias. Repeats the pre chewed talking points without any attempt at understanding what it means, not checking if it even supports his case or doesn't contradict the headline.
                          And then, when someone inevitably points out the error in his ways, either goes quiet or resorts to insults and name calling.
                          Last edited by AlbertaFarmer5; May 29, 2023, 12:18.

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