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Greeny economics

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1 June 2007
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interesting arbitrage opportunity:
A German aristocrat of my acquaintance has figured out that the price he will be paid for the output of a solar panel is so high compared with the price he will pay for his input of normal electricity, that he is thinking of rigging up powerful arc lamps to shine on solar panels on his extensive roof.

http://bishophill.squarespace.com/blog/2010/3/8/the-insanity-of-greenery.html

lol. shows the ridiculousness of greeny logic in all its glory

id be very interested to know if anyone here is away if a similar situation applies in australia?
 
id be very interested to know if anyone here is away if a similar situation applies in australia?

It doesn't.

Govt gives a one-off rebate on the price based on a future environmental offset and the rebate is actually based on how much sun your state gets (for example, I believe VIC rebate is approx 75% of the NSW rebate).

AFAIK as an excess load generator, you do not get paid to feed the grid (major obstacle in solar taking off in Aus compared to other countries).

IMHO, you should get paid for any excess load you generate simply because the provider is charging someone else premium "Green rates" to use that load at near 0 cost to them. But obviously not to the extent outlined in the quote above.
 
AFAIK as an excess load generator, you do not get paid to feed the grid (major obstacle in solar taking off in Aus compared to other countries).
I can assue you that here in Tasmania at least, you certainly do get paid for electricity sold to the grid - my most recent payment was literally today.

It's generally the same in most parts of Australia, although there are some hassles in SA and Vic due to the privatised energy retailers.

For non-solar sources of electricity produced at home, rates may vary. Also wise to check with the local council before you install a steam engine, wind turbines or dam the local creek as they may have a bit to say about this. Some will be fine, the medical centre near me is about to install wind turbines in the car park, but some councils do get a bit funny about building power stations in residential areas so it's best to check first.
 
Very interesting now...

This thread has got me thinking about my power bill. Does paying for "green energy" actually mean that the entire portion of energy (or at the very least, amount) I have used was derived from green sources?

Or is it just a cynical marketing ploy?

I wonder how much the government is subsidising green energy.

Regards,
Edwin
 
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