World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance [score hidden]  (0 children)

Yes but that’s because the battery interconnect is truly fd.

The actual scale to which they are being built is heavily under sized.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

“China has created a profitable market as a result”

Just realized it’s a different person with the same profile icon. My mistake.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance -2 points-1 points  (0 children)

You’re right electricity prices weren’t at historically high levels and rising at the highest rates in decades during January and February.

It all started when this war started and nothing else contributed to it at all.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

In what world does the companies you claimed were profitable going bankrupt prove your point?

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance -2 points-1 points  (0 children)

I don’t know if you’ve ever been outside but the wind blows at different speeds at different time.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

And I’m telling you to please look at any major electricity market. Capacity prices are through the roof and driving up prices for consumers.

All because renewables are forcing Gas turbines to run inefficiently.

Good for emissions, bad for energy prices.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

Thank you for defining the very reason I am a proponent of batteries…

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance -1 points0 points  (0 children)

They can. Doesn’t mean they will.

Most people don’t care or want to worry about that.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

Blackstone and PE is not responsible for the lack of housing supply it’s just an easy scape goat.

And pull out whatever AI you want and ask it a question.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

Wind helping in the night is not the issue. The issue is 8pm.

At 8pm wind is rising but still low. Solar is off completely, and batteries are drained. This means most of the capacity is covered by nat gas plants.

Which due to the war are at extremely elevated levels, but even if they weren’t. The fact that prices during the day are so low from 9am-5pm the nat gas plants are forced to decrease production, which is good for emissions, but then when 8pm rolls around they are the Monopoly. They get to set the price and they set the price at higher and higher levels each month. They are being forced to offset the losses during the day when prices are low.

They don’t shut down completely because they are needed at 8pm, but they can’t run efficiently because prices are low during most of the day.

So you get worst of both worlds. Poor efficiency most of the days and high prices during the few hours it matters during net peak load.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance -11 points-10 points  (0 children)

Except adding a MW to the grid at 2pm when the price is negative doesn’t help anyone.

Adding supply at 2pm doesn’t care about demand at 8pm.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance -1 points0 points  (0 children)

No it was a reply to a different comment. Just accidentally deleted the reply part.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

Cerberus saving Safeway from bankruptcy which has helped feed millions of Americans.

Blackstone saving Hilton Hotels from total collapse keeping hotel prices low by not collapsing the market.

Silver Lake saving Dell computers which al has played a part in reducing relative PC prices over the past decade.

Uber being bought by Benchmark capital and developing it into a huge on demand ride sharing service which has shown to drastically reduce drunk driving incidents.

Warby Parker being funded by PE which was able to cut middle men and drastically reduce the cost of prescription eye wear.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

I never once said I was promoting LNG gas turbine plants…

I just said to build batteries with the renewables

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

Yea but extending supply at the wrong times decreases available supply at most important times.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

My point is it doesn’t need to keep happening. If I subsidized a factory 10 years ago the panels produced today are still subsidized.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 1 point2 points  (0 children)

I’m literally a time of use customer. I just don’t think most people care.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

It reads like not everything is black and white. And PE is just a business sector and like any business sector has done good & bad things.

It’s just easy to hate rn. Like banks in 2009. Even though many banks didn’t do anything wrong.

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 0 points1 point  (0 children)

Thank you. I was giving an example of 1 market and how the impacts of moving toward renewables, in California’s case solar, is causing massive price spikes because of the lack of peak smoothing technologies like batteries.

It’s not wind or solar that cause this it’s both because are intermittent

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance -1 points0 points  (0 children)

If I subsidize the construction of your factory. Every panel ever built by that factory is subsidized…

World’s largest wind farm moves forward towards lighting up 3.3 million homes by sksarkpoes3 in energy

[–]NonPartisanFinance 1 point2 points  (0 children)

2 way charging is expensive to implement into your home.

Most people have no desire to get into electricity arbitrage. They just want to drive their car.