Monday 18 May 2020

Large renewable farms are going to be built.

Via renew economy we find out huge-2gw-of-wind-solar-and-storage-to-deliver-green-future-for-queensland-industrial-hub.
Together with solar-wind-battery-microgrid-completed-and-powering-remote-w-a-gold-mine.
Add to this the-future-of-solar-power-from-unbelievably-cheap-to-insanely-cheap.

We see how renewables are the future of electricity.
It is about to power places previous where mining is large. We are watching energy transition before our eyes.

Why is this occurring?
firstly given the private sector now owns these assets they will naturally gravitate to assets that are reliable and cheap. We know coal fired power stations are unreliable because of their units breaking down all the time ( once every three days) they take at least 8 years to build and even then their costs are over twice that of renewables.
Moeover they are only good for base load power not dispatchable power.

It also confirms an anecdote i picked up from pre-coronavirus. Selling solar and batteries to companies for their offices, plants etc was one of the fasted sellers around.


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