That's interesting, so there isn't a huge difference in the cost, it must be the amount of disposable income and outgoings people have, because i haven't heard electricity bills here are causing a huge problem.32 c/kwH
That's interesting, so there isn't a huge difference in the cost, it must be the amount of disposable income and outgoings people have, because i haven't heard electricity bills here are causing a huge problem.
My guess is there must be a lot of subsidising going on that isn't public knowledge yet, I would have thought the cost on the East coast would be far higher than here, the next year or two should be interesting.Sydney is a more expensive place to live generally (not that I live there) so it's just one thing on top of another.
It's the rate of increase that's the issue, 30% in a lot of cases, suspicions of price gouging are naturally aroused.
One of the major retailers in SA:My guess is there must be a lot of subsidising going on that isn't public knowledge yet, I would have thought the cost on the East coast would be far higher than here, the next year or two should be interesting.
Past 12 months to Saturday 4 November 2023:As is so often the case, there are always claims and counterclaims about renewables.
One of my goto sites for technical info on generation, Watt Clarity highlights this.
Electricity is one of those things where there's a lot of options as to what the plan could be, no single generation technology is of itself indispensable, but as a complex system it's crucial that there actually is a plan of some sort. Otherwise it's sleepwalking to disaster.As this thread has pointed out ad nauseum, the lack of an actual plan to move seamlessly to renewables, as distinct from a moving feast of "scenarios" has hampered the NEM's functional transition.
For example, tapping into electrical hot water systems and pool pumps (and even EV charging) to prevent solar pv curtailment, rather than the typical approach today whereby consumers take advantage of cheaper nighttime tariffs, isn't just grid smart but also stands to significantly reduce household electricity costs.
I started reading the article, but ended up scratching me head after the very first paragraph.I thought this analysis offered some good insights into the issues around a world transitioning to renewable energy.
Oil and Politics in the Mid-Transition
Tim Sahay
, Kate Mackenzie
View attachment 165584
A world with terminally declining oil demand has never been experienced before, but the growth era for fossil fuels is ending, as many producers, investors and forecasters are acknowledging. This does not put climate goals in close reach, as CO2 flows need to fall far more dramatically to reduce the stock that is already too high. But pathways to both energy independence and strategic export industries no longer have to involve fossil fuels. Instead, they center on new manufacturing capabilities and technologies, mineral resources, and increasingly delicate trade relationships and security alliances.
Countries highly dependent on fossil fuel exports are seeking to diversify. Among the wealthiest countries in this category, Norway has been doing this most decisively via its sovereign wealth fund. Meanwhile, Gulf Coordination Council countries are deploying footloose petrodollars via private acquisitions targeting new industries and an increasing focus on development finance, especially vast forest carbon offset deals. Several low-income countries with fossil resources are hoping to develop them in time to exploit a declining market; while others such as Colombia and Ecuador are exploring ways to transition to new industries before the price decline.
Oil and Politics in the Mid-Transition | The Polycrisis
Adam Tooze, Amy Jaffe, Alex Turnbull, William Oman, and Morgan Bazilian on the geopolitics of a transitioning global energy system.www.phenomenalworld.org
My appologies, I posted the incorrect chart.I started reading the article, but ended up scratching me head after the very first paragraph.
The author does not state how the decline in oil production statement was supported by data, but according to Energy data yearbook
Oil production did indeed decline - for one year during the covid lockdown, but has since kept increasing., as can be seen from the chart below. The figures for 2023 is extrapolated from the first part of the year.
Mick
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The only real decline there's ever been that wasn't due to an external crisis was during the early 1980's.The author does not state how the decline in oil production statement was supported by data, but according to Energy data yearbook
Oil production did indeed decline - for one year during the covid lockdown
From what I have read cost and regulation are the two main factors against SMR's and nuclear in general, that will always be a stumbling block until a situation arrives where cost doesn't matter i.e when everything else has reached its sensible limit of generating capacity.All new projects are prone to failure, just look at R&D expenditure with any listed company.
Very few get it right the first time and not everyone is good at what they do.
It may even be possible to adapt reactors from Subs to generate a Lot of power but that would not attract a Billion from the Govt would it
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