Opportunity Cost dear buddy.
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I paid cash, system will be paid for in about 10 years with savings, life span is 25 - 30 years. So 15-20 years of very low priced electricity while at the same time as electricity prices rise an estimated 3% per year. So the value of the displaced Sask Power electricity increases year after year which make the investment much more valuable.
And best of all no carbon emissions, no carbon tax and the fuel is free!
The wind is gusting here and the windmills are generating lots of electricity too!
Republican North Dakota and Texas can't be wrong about renewables can they?
Last edited by chuckChuck; Nov 20, 2024, 07:45.
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Originally posted by chuckChuck View Post. So 15-20 years of very low priced electricity while at the same time as electricity prices rise an estimated 3% per year.
Why would you budget for a 3% increase in electricity prices over the next 15 to 20 years, that is 50% higher than the targeted inflation rate, well simultaneously claiming that we will increase low cost wind and solar electricity generation.
Do you see the contradiction in claiming that adding more low cost unreliables will make electricity go up even higher than the rate of inflation?
At some point, shouldn't all of that low cost electricity generation result in low cost electricity? Or is that not how this works?
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Originally posted by Hamloc View PostYup the wind is really rocking in Alberta today. Natural gas picking up the slack.
As of noon mountain standard time, wind has been hovering at around 33 MW which is 0.6% of capacity. And solar at about 8% of capacity.
As we enter into our first cold snap of the season.
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Originally posted by AlbertaFarmer5 View Post
Once again chuck, you contradict your own messaging.
Why would you budget for a 3% increase in electricity prices over the next 15 to 20 years, that is 50% higher than the targeted inflation rate, well simultaneously claiming that we will increase low cost wind and solar electricity generation.
Do you see the contradiction in claiming that adding more low cost unreliables will make electricity go up even higher than the rate of inflation?
At some point, shouldn't all of that low cost electricity generation result in low cost electricity? Or is that not how this works?
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[QUOTE=chuckChuck;n807002]I paid cash, system will be paid for in about 10 years with savings, life span is 25 - 30 years. So 15-20 years of very low priced electricity while at the same time as electricity prices rise an estimated 3% per year. So the value of the displaced Sask Power electricity increases year after year which make the investment much more valuable.
And best of all no carbon emissions, no carbon tax and the fuel is free!
The wind is gusting here and the windmills are generating lots of electricity too!
Republican North Dakota and Texas can't be wrong about renewables can they?
I have a neighbor I respect that has panels.
And for this discussion I will take your assessment at face value without the actual investment amount.
I see real value in the ability to invest individually in panels. Early adopters with their own funds to do so, aid development of any new technology.
A year's living expenses for a family is a commitment. One which I won't do or subsidize.
As of yet, it in no way replaces current tech for access, generation or storage of affordable energy to everyone in First world demand areas. Distribution is another topic.
1/3 of the planet uses less electricity in a year per person than our fridges.
This allows them to skip over access to fuel and it's infrastructure. For now, household use only.
Like telephones in S Korea. 50 years from Stone Age to better cell networks than us. Skipping over the wire stage completely.
So I support and see a place for what you're doing. I don't support the prematurity in racing to cover the ground here with panels at any cost and no realistic vision. Not with my money at least.
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Originally posted by AlbertaFarmer5 View Post
It got a lot worse than that.
As of noon mountain standard time, wind has been hovering at around 33 MW which is 0.6% of capacity. And solar at about 8% of capacity.
As we enter into our first cold snap of the season.
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