More than 90% of new renewable energy capacity is now cheaper than fossil fuels

[Fearandloathing]

Renewable energy are outcompeting fossil fuel all across the world.

"Solar and wind are now almost always the least expensive and fastest option for new energy generation, according to the UN.

In 2024, data reveals that additions to global renewable energy capacity reached 582 gigawatts - a nearly 20 per cent increase from 2023 and the highest annual expansion since records began.

Almost all new power capacity built around the world came from renewables, and almost every continent on Earth added more renewables capacity than fossil fuels last year."

Solar is now 41% cheaper than fossil fuels, UN report shows

The global switch to renewable energy has passed a “positive tipping point”, according to two United Nations reports released on Tuesday.

www.euronews.com

With for example solar power and batteries being able to provide a large share of 24/365 power.

“Cloudy days mean that 24/365 solar generation – maintaining the same constant solar output every hour of every tday of the year – would need so much solar and battery that it is likely uneconomical. However, in sunny cities it is possible to get more than 90% of the way. Las Vegas can reach 97% of the way to 1 GW constant supply and Muscat in Oman – 99%, using 6 GW solar panels and 17 GWh battery. Even cloudier cities like Birmingham can get 62% of the way to a constant supply every hour of every day across the year.”

Solar electricity every hour of every day is here and it changes everything | Ember

Batteries are now cheap enough to unleash solar energy’s full potential, getting as close as 97% of the way to delivering constant electricity supply 24 hours across 365 days cost-effectively in the sunniest places.

ember-energy.org

Yeah but it kills birds.

Donald Trump said so. And we all know TACO NEVER lies!!!!!!!!

 

[Volunteer]

The low duty cycle and non dispatchable nature of solar power is a major limitations in our on demand world. The type and scale of energy storage required to make solar compatible with our demand, is not something batteries can solve.

Daytime air conditioning using solar energy does not need batteries. Most fossil-fuel plants are unnecessarily being used to meet summer cooling peak loads when the sun is shining and solar outputs are peaking. It is a waste of fossil fuel.

 

[longview]

Daytime air conditioning using solar energy does not need batteries. Most fossil-fuel plants are unnecessarily being used to meet summer cooling peak loads when the sun is shining and solar outputs are peaking. It is a waste of fossil fuel.

The unnecessary use is that the power plants have to be kept running all the time to take up the load for a cloudy or windless day!
The backup roll of the peaking power plants is also excluding them from their primary function.

 

[Bergslagstroll]

Yeah but it kills birds.

Donald Trump said so. And we all know TACO NEVER lies!!!!!!!!

Trump is chasing wind mills while other countries takes advantage of the rapid advancement in green technologies.

How Trump's loathing for wind turbines started with a Scottish court battle

The US president is a vocal critic of wind energy - and it's a loathing which began in Aberdeenshire.

www.bbc.com

Trump won't stop making a deceptive bird claim. Experts debunk it.

"Other aspects of human life are far more lethal."

mashable.com

 

[Bergslagstroll]

Daytime air conditioning using solar energy does not need batteries. Most fossil-fuel plants are unnecessarily being used to meet summer cooling peak loads when the sun is shining and solar outputs are peaking. It is a waste of fossil fuel.

While fossil fuel plants break down during summer months. That renewable energy and batteries can create a more reliable grid.

Australia's coal power riddled with breakdowns, energy failures: New live tracking reveals

New analysis by Reliability Watch shows Australia's ageing coal power stations broke down a staggering 128 times over the summer period, eight times more than expected.

www.queenslandconservation.org.au

Big batteries and EVs to the rescue again as faults with new nuclear plant cause chaos on Nordic grids

Europe’s newest and most powerful nuclear reactor – delivered more than a decade late and nearly four times over budget – is proving a headache for grid operators now it’s finally up an…

reneweconomy.com.au

After the blackout in Spain: How renewables plus batteries can help prevent the next major power outage | MARKET INSIGHT | Reccessary

We provide in-depth analysis on renewable energy and carbon issues to investigate market trends and policies on a regular basis.

www.reccessary.com

 

[longview]

Trump is chasing wind mills while other countries takes advantage of the rapid advancement in green technologies.

How Trump's loathing for wind turbines started with a Scottish court battle

The US president is a vocal critic of wind energy - and it's a loathing which began in Aberdeenshire.

www.bbc.com

Trump won't stop making a deceptive bird claim. Experts debunk it.

"Other aspects of human life are far more lethal."

mashable.com

Let them! The reality of the higher cost of wind turbine electricity will eventually come to light,
right after the subsidizes stop.

 

[Volunteer]

Let them! The reality of the higher cost of wind turbine electricity will eventually come to light,
right after the subsidizes stop.

Yes, reducing subsidies and tax credits, etc, will increase prices, no doubt. True for fossil fuels, nuclear, and renewables. But we must transition into allowing the free market to decide. Taxpayers and ratepayers have no idea how much the federal government spends on that to keep energy prices low.

 

[longview]

Yes, reducing subsidies and tax credits, etc, will increase prices, no doubt. True for fossil fuels, nuclear, and renewables. But we must transition into allowing the free market to decide. Taxpayers and ratepayers have no idea how much the federal government spends on that to keep energy prices low.

Solar has a real chance, wind I am afraid has some potential serious problems.
Look for them in higher power purchase agreements.

 

[CLAX1911]

Renewable energy are outcompeting fossil fuel all across the world.

That's great now we can cancel all the subsidies and start making them pay their own taxes.

"Solar and wind are now almost always the least expensive and fastest option for new energy generation, according to the UN.

Oh. According to the UN. Dang you almost had me.

In 2024, data reveals that additions to global renewable energy capacity reached 582 gigawatts - a nearly 20 per cent increase from 2023 and the highest annual expansion since records began.

Almost all new power capacity built around the world came from renewables, and almost every continent on Earth added more renewables capacity than fossil fuels last year."

I genuinely think this is a good thing developments are not a bad thing.

Solar is now 41% cheaper than fossil fuels, UN report shows

The global switch to renewable energy has passed a “positive tipping point”, according to two United Nations reports released on Tuesday.

www.euronews.com

With for example solar power and batteries being able to provide a large share of 24/365 power.

“Cloudy days mean that 24/365 solar generation – maintaining the same constant solar output every hour of every day of the year – would need so much solar and battery that it is likely uneconomical. However, in sunny cities it is possible to get more than 90% of the way. Las Vegas can reach 97% of the way to 1 GW constant supply and Muscat in Oman – 99%, using 6 GW solar panels and 17 GWh battery. Even cloudier cities like Birmingham can get 62% of the way to a constant supply every hour of every day across the year.”

Solar electricity every hour of every day is here and it changes everything | Ember

Batteries are now cheap enough to unleash solar energy’s full potential, getting as close as 97% of the way to delivering constant electricity supply 24 hours across 365 days cost-effectively in the sunniest places.

ember-energy.org

 

[Volunteer]

That's great now we can cancel all the subsidies and start making them pay their own taxes.

We already know the cost of solar energy without subsidies and tax credits - installation is less than $3/watt, right?
But how would you even calculate the resulting prices of gas and electricity if we ended their government support?? No-one knows!

 

[longview]

We already know the cost of solar energy without subsidies and tax credits - installation is less than $3/watt, right?
But how would you even calculate the resulting prices of gas and electricity if we ended their government support?? No-one knows!

If 1kW cost $3000 installed and would produce 48,000 kWh over 30 years, the resulting price would be $0.0625 per kWh.
Anything that breaks and has to be replaced over that 30 years would increase the price.

 

[CaughtInThe]

So Trump is going to kill it so that his buddies in the oil industry can get richer at the expense of consumers. Like MAGAs all over the south.

 

[longview]

So Trump is going to kill it so that his buddies in the oil industry can get richer at the expense of consumers. Like MAGAs all over the south.

Imagine the most unreliable car you can, and think about the government subsidizing people to purchase that car! It’s not going to provide reliable transportation, and will cost more than the subsidy reduced the price. Why should they continue the subsidy?

 

[CaughtInThe]

Imagine the most unreliable car you can, and think about the government subsidizing people to purchase that car! It’s not going to provide reliable transportation, and will cost more than the subsidy reduced the price. Why should they continue the subsidy?

Why should we subsidize Elon and his many ventures?

 

[longview]

Why should we subsidize Elon and his many ventures?

It depends on the venture. If someone can justify how the government spending the people’s money will help the future generations, it may be worth while.

 

[CaughtInThe]

It depends on the venture. If someone can justify how the government spending the people’s money will help the future generations, it may be worth while.

Well, the combustible engine in cars is going away long-term.

I guess we should then subsidize what's going to be the future. Hell, I can't drive down the road without seeing a ton of EVS now.

 

[CLAX1911]

We already know the cost of solar energy without subsidies and tax credits - installation is less than $3/watt, right?

If it were true that this stuff was just the bee's knees then it would be everywhere that would be our primary source of energy it isn't because it's not.

But how would you even calculate the resulting prices of gas and electricity if we ended their government support?? No-one knows!

Yes people know. Subsidies are public record fossil fuel is subsidized but not near to the amount that solar and wind are.

 

[longview]

Well, the combustible engine in cars is going away long-term.

I guess we should then subsidize what's going to be the future. Hell, I can't drive down the road without seeing a ton of EVS now.

Long term the IC engine will likely be replaced with a fuel cell, but for now it is the most efficient way to convert the high energy density hydrocarbon fuel into usable energy.
Keep in mind that all the efficiencies found for battery electric cars, also work on hybrids.

 

[CLAX1911]

Well, the combustible engine in cars is going away long-term.

I guess we should then subsidize what's going to be the future. Hell, I can't drive down the road without seeing a ton of EVS now.

Just imagine in 10 years those things will all be piled up in a garbage dump somewhere cuz nobody will want the salvage them. If you have one that's 8 months old and it has battery damage it just gets thrown in the dump.

 

[CLAX1911]

Long term the IC engine will likely be replaced with a fuel cell, but for now it is the most efficient way to convert the high energy density hydrocarbon fuel into usable energy.
Keep in mind that all the efficiencies found for battery electric cars, also work on hybrids.

I don't know efficiency is in simplicity having a battery in a fuel cell adds complications. We know how to maintenance we know how to maintain we know how to operate we know how to repair the machines we've been using for years and I see no benefit to changing that.

 

[Bergslagstroll]

Let them! The reality of the higher cost of wind turbine electricity will eventually come to light,
right after the subsidizes stop.

Wind power is rapidly being built out, both in developed and in developing countries.

Share of electricity production from wind

An interactive visualization from Our World in Data.

ourworldindata.org

People and businesses in Republican states also see the benefits with wind power and other forms of renewable energy. While Republican politicians only care about their wealthy donors in the powerful fossil fuel industry.

Trump hates wind power. But these Texas Republicans are embracing it

Wind turbines have become a financial lifeline in rural areas, but state legislators are now targeting them

www.theguardian.com

Red America states making money from green energy

Wyoming is the second windiest state, after Nebraska. It’s obvious why the wind power industry is investing $10 billion there. And it’s hard to see why any state politician would oppose this. But some have. Wyoming is one of those fossil-fuel producing states in which so-called conservatives...

www.ironmountaindailynews.com

 

[Bergslagstroll]

It depends on the venture. If someone can justify how the government spending the people’s money will help the future generations, it may be worth while.

Investments into electric cars are paying off and Western countries needs to catch up with China.

How China made electric vehicles mainstream

The world's second largest economy is both the biggest producer and buyer of EVs.

www.bbc.com

 

[longview]

Wind power is rapidly being built out, both in developed and in developing countries.

Share of electricity production from wind

An interactive visualization from Our World in Data.

ourworldindata.org

People and businesses in Republican states also see the benefits with wind power and other forms of renewable energy. While Republican politicians only care about their wealthy donors in the powerful fossil fuel industry.

Trump hates wind power. But these Texas Republicans are embracing it

Wind turbines have become a financial lifeline in rural areas, but state legislators are now targeting them

www.theguardian.com

Red America states making money from green energy

Wyoming is the second windiest state, after Nebraska. It’s obvious why the wind power industry is investing $10 billion there. And it’s hard to see why any state politician would oppose this. But some have. Wyoming is one of those fossil-fuel producing states in which so-called conservatives...

www.ironmountaindailynews.com

That’s the problem with illusions, they look real!

 

[longview]

Investments into electric cars are paying off and Western countries needs to catch up with China.

How China made electric vehicles mainstream

The world's second largest economy is both the biggest producer and buyer of EVs.

www.bbc.com

Why?

 

[Volunteer]

Subsidies are public record fossil fuel is subsidized but not near to the amount that solar and wind are.

Show us what subsidies and tax credits are available for solar energy. Then let's compare what you find with the many ways the feds share our tax dollars with oil companies like these:

Intangible Drilling Costs Deduction (26 U.S. Code § 263. for decades
Percentage Depletion (26 U.S. Code § 613
Foreign Tax Credit (26 U.S. Code § 901. on
Master Limited Partnerships (Internal Revenue Code § 7704. (most are fossil fuel companies) for decades
Domestic Manufacturing Deduction (IRC §199)
DOE Advanced Fossil Loan Programs Office
Between 2010 and 2017, the Department of Energy provided $2.66 billion to support 794 advanced fossil energy research and development projects
United States Export-Import Bank $14.8 billion dollars in grants and loans for 78 projects in the petroleum sector (2001 – 2018).

A 2017 study by the consulting firm Management Information us Services, Inc., in a report to the Nuclear Energy Institute, estimated the total historical federal subsidies for various energy sources over the years 1950–2016. The study found that oil, natural gas, and coal received $414 billion, $140 billion, and $112 billion (2015 dollars), respectively, or 65% of total energy subsidies over that period. Oil, natural gas, and coal benefited most from percentage depletion allowances and other tax-based subsidies.