Alberta government announces new rules aimed at lowering utility bills

[chuckChuck]

What are you going on about there A5?

You seem to be losing your way.

“For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy" . Five years ago, this ratio was one-to-one. IEA

You keep ignoring the LCOE analysis on new capacity.

[url]https://energyinnovation.org/publication/coal-cost-crossover-3-0-local-renewables-plus-storage-create-new-opportunities-for-customer-savings-and-community-reinvestment/[/url]

"This report finds 99 percent of the existing U.S. coal fleet is more expensive to run compared to replacement by new solar or wind. Replacing coal plants with local wind and solar would also save enough to finance nearly 150 gigawatts of four-hour battery storage, over 60 percent of the coal fleet’s capacity, and generate $589 billion in new investment across the U.S. Our report provides policy recommendations to facilitate a just transition through the Coal Cost Crossover."

[Hamloc]

What are you going on about there A5?

You seem to be losing your way.

“For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy" . Five years ago, this ratio was one-to-one. IEA

You keep ignoring the LCOE analysis on new capacity.

[url]https://energyinnovation.org/publication/coal-cost-crossover-3-0-local-renewables-plus-storage-create-new-opportunities-for-customer-savings-and-community-reinvestment/[/url]

"This report finds 99 percent of the existing U.S. coal fleet is more expensive to run compared to replacement by new solar or wind. Replacing coal plants with local wind and solar would also save enough to finance nearly 150 gigawatts of four-hour battery storage, over 60 percent of the coal fleet’s capacity, and generate $589 billion in new investment across the U.S. Our report provides policy recommendations to facilitate a just transition through the Coal Cost Crossover."

“Of 4-hour battery storage.” What is fascinating here, is first let’s pretend solar could provide 12 hours of dependable electricity(certainly not at full capacity), now you add 4 hours of battery storage. Wow now we are up to 16 hours. Where does the power come from for the remaining 8 hours?! Out of the $589 billion how much goes to China?!

[WiltonRanch]

“Of 4-hour battery storage.” What is fascinating here, is first let’s pretend solar could provide 12 hours of dependable electricity(certainly not at full capacity), now you add 4 hours of battery storage. Wow now we are up to 16 hours. Where does the power come from for the remaining 8 hours?! Out of the $589 billion how much goes to China?!

Socialist math

[chuckChuck]

The electricity is going to come from many sources and storage will be part of the supply.

Alberta gets almost 20% of its electricity supply from renewables and is also installing some storage for grid stabilization.

It was Alberta gas plants that failed unexpectedly in the winter cold snap that caused a shortage. The AESO knew that renewables were not going to produce as much during the cold snap because that is predictable. And the system is designed for that predictable situation. New gas plants will come on line this year. Along with a lot more renewables.

[AlbertaFarmer5]

Socialist math

Isn't that an oxymoron?

[chuckChuck]

More backup for the lower cost lower carbon renewables. Because gas plants aren't quite as reliable as some think.

Who knows maybe some of the idiots decided to reduce the supply to increase the price which is what they have been doing frequently!

[WiltonRanch]

Isn't that an oxymoron?

When their math doesn’t quite work out the way they intend people suffer until it does. Ask uncle Joe.

[chuckChuck]

You suffering Wilton? Life is tough in Alberta with all that oil wealth flowing to the little guys?

[WiltonRanch]

I don’t live that far from you cc. Definitely in Saskatchewan. Chirp at me all you want. It is funny how when I showed some emotion you went all bully started taunting. For being a Mensa member you sure act like a child.

[chuckChuck]

You gotta a thin skin too?

If you don't like the heat get out of the kitchen so the old saying goes.