One of my favorite things here in New York City is how Con Ed gets approval to pass infrastructure upgrade costs directly to consumers, but at the end of the financing period the asset is mysteriously owned by their board of directors, not the public who paid for it.
Public ownership can be extremely detrimental, I think it is even worse than state ownership by a few margins. Especially for setting long term goals required for infrastructure. There are investors for that as well, but they are rare and an exception.
I evade working directly for publicly traded companies like hell or let myself be paid very, very generously. Most often your time will be limited in the first place. Better to be employed as a freelancer in that case.
My local electricity infrastructure provider is a private company, with the twist that all residents within their area are also automatically shareholders.
They operate "for profit", but profits are distributed amongst shareholders in the form of reduced bills, ie last year we didn't get bills for electricity transport for december, and the year before that there were no bills from august through december.
The "for profit" part pays infrastructure upgrades, so some years we pay the normal prices if there is infrastructure work being done, which in the end benefits all shareholders, meaning me (and other users).
Yes, of course it should be. You point out of of theain flaws in our system. Those who actually produce things and pay for them never get any ownership. They remain disadvantaged dispite their contributions.
They are given a de facto monopoly. It’s weird that a private company is building and owning public utilities, but if they’re going to be granted a monopoly, then it’s not unreasonable for that privilege to come at a price.
The problem is, in the last few years NYC and NYS have mandated all kinds of green energy goals. One of the biggest one that is causing a fuck ton of concern and spending is "no more new gas cars after 2035". Well guess what that means! _infrastructure_ that someone has to pay for and the mandates are unfunded by the state. The city and state have also been pushing various schemes to ban decrease natural gas installations as well, resulting in _surprise_ more electric for heating and cooking.
The other problem we have is moronic NIMBY and environmentalist behavior that led to our only nuclear power plant shutting down and a second one never being allowed to go online at all. The entire Long Island region is still on the hook financially to pay for vetoing a previously approved and built nuclear power plant decades ago. This leads to NY to now depend on imported electricity from other states and Canada at increased rates. And it's only going to get more expensive as datacenters eat up cheap electricity from the same sources.
And good luck getting transparency on those asset transfers or executive benefits. It's all buried in regulatory filings that nobody reads except lawyers and lobbyists
Funny how the chef passes his costs on to me, but at the end of the day he owns the restaurant. What Injustice!
If people don't like paying a private entity for a goods or service, the solution is to make it yourself, not complain. Tons of cities, counties, and states do just that
Does the chef's menu and pricing get approved by a state regulator and prevent you from eating anything but that restaurant's food while they operate on land they don't own?
The place that your analogy falls is that electric companies are private companies operating legal electricity monopolies where much of the infrastructure in question is placed on right of ways across public and private land not controlled by the operator.
funny how the largest most modern power utility and grid infrastructur ever built is owned by the citizens who built it, in China, AND they have some realy fancy privatly owned resteraunts.........almost everywhere
Here in NJ a lot of people are complaining about electricity price increases. Upon looking into it, it seems that the reason is mostly a combination of population growth, shutting down old power plants, and not building enough new power plants.
Most people seem to blame price gouging from the electricity companies, but the electricity companies seem to be extremely tightly regulated and don't have much wiggle room with how they set their prices.
Haven't heard much talk about actually solving the problem and building more power plants, so probably we're going to see more articles like this in the future.
>Most people seem to blame price gouging from the electricity companies,
True or false: PSEG's annual profit every year for the last five years at a rate that greatly exceeds inflation while expenses are practically flat.
Their stock symbol is PEG, bee-tee-dubs.
There are very few theories of business and/or economics where profits increase while costs are steady where prices don't increase.
Are they (hold on a sec while I compose myself so I don't type a long string of obscenities) using that money to improve their service and keep rates steady or are they funneling everyone's money into the pockets of their investors and begging the state for free cash to maintain their infrastructure like they're some broke-ass bitches?
> There are very few theories of business and/or economics where profits increase while costs are steady where prices don't increase.
There is a very specific and relevant one: The one in which supply is inelastic. In other words, the one in which it's hard to build new power plants.
When that happens, the cost of operating existing power plants hasn't changed, but demand goes up. In normal economics, demand going up causes the price (and therefore profit) to go up, which in turn attracts more suppliers that increase supply and mitigate the amount the price can increase.
If the supply can't go up then price does. That's econ 101 and it's happening just as it's expected to -- it's simply what happens if you make it hard to increase supply.
Are you referring to PEG stock price or actual profit? Because their profits growth hasn’t really “greatly exceeded” inflation. Here is the last 30 years of profits[1] (you can change it to YoY to see how much their growth over the last 5 years is). They in fact posted a loss in 2021 and under performed 2022. They shot up in 2023 and then down to pre-pandemic levels in 2024.
They are not what I’d call a profitable company. I think their stock is reflecting the AI bubble as plenty of people are speculating on power companies
Yeah public utilities can rarely price gouge. They have to get government approval for their rates.
If "AI Datacenters" are part of the problem the answer is simple, charge them higer rates, high enough to motivate them to build their own generating capacity.
> They have to get government approval for their rates.
We need laws that prevent government employees from directly or indirectly investing in utilities.
The California Public Employees' Retirement System for example directly holds over 6.4 million shares of PG&E, and an additional 52 million shares via intermediaries.
The electric company that sends you a bill handles distribution (power lines within your city) not generation (power plants). Sometimes they are vertically integrated owning both generation and distribution. In de-regulated supplier choice states you can switch your generation provider. You cannot switch your distribution provider as each address only has one power line.
Here in Australia, the government is providing subsidies to households for buying batteries (backed by solar).
After paying $15k (after subsidies) for a 40kWh battery, our battery is filled by roof solar and grid provided renewable energy, when needed, at very cheap rates (6c/kWh). I pay $1 a day for grid connectivity. Our total annual energy bill will be approximately $500 for the foreseeable future.
I'm in NSW - curious on what you got, what subsidy/ies you were able to obtain.
I'd previously looked into this and it sounded like a package was required - PVC + battery - whereas I've already got 10kW inverter + 12kW panels, and basically just want something around that size (40kWh).
Street pricing seemed to be around the $9k installed per 10kWh, so a) your subsidy options sounds spectacular - around 60% discount? - and b) payback for me would probably be around 8 years.
But if I switch vendors (Amber I think is what one of my friends is on) I can engage in something analogous to wholesale market activity, 10m bidding / sales, rapidly decrease the projected lifetime of my battery, but potentially be $-positive even through the winter months.
But all that feels like something the power companies here in AU are going to try to try to undercut / tax.
5 x SigEnergy SigenStor Bat 8.0 (8kWh/battery) + 12kW inverter (Sigenstor EC) on single phase. The SRES battery rebate (https://cer.gov.au/batteries) was ~30%. Total was a bit under $15k. I already have 16.6kW of panels on the roof from 5 years ago.
There are two providers (Globird and Ovo) I have been researching that provide 2-3 free hours of electricity per day between 11-2pm. That + solar would easily fill the batteries, so that power bill might drop even more.
You should get some quotes from battery/solar installers (no doubt you have heard of solarquotes.com.au). Prices have dropped a lot this year.
I have a relative with a 30kWh battery on Amber. They spent AU$10k for it after subsidies.
They don't expect to ever pay for electricity again - instead their biggest problem with Amber is what to do when they are overproducing. They got charged $2.50 the other day when they didn't curtail production and had to dump power into the grid!
This is actually very regressive policy because it only rewards people who 1) own their own home and 2) can afford a significant capital investment. And under current retail rate structures it shifts the burden of maintaining the grid onto those who can't afford to make these investments and who will end up seeing there rates rise unless the cost of grid connectivity is increased.
It's also economically questionable because it's simply much cheaper to build and manage a smaller number of large batteries then thousands of home batteries.
I understand why these schemes are politically attractive; people like to own their own stuff. But there is a very real chance this increases the cost of energy here.
For context:
$0.18/kWh in US vs. $0.32/kWh in France and $0.36/kWh Germany.
The administration is making an attempt to address the issue of every growing demand for more electricity and remove barriers for additional power to come on-line.
"To compete globally, we must expand energy production and reduce energy costs for American families and businesses."
https://www.energy.gov/articles/secretary-wright-acts-unleas...
> The administration is making an attempt to address the issue of every growing demand for more electricity and remove barriers for additional power to come on-line
By cancelling and stalling solar and wind projects while propping up coal of all things? That makes no sense.
Solar and wind projects are not a panacea. They consume minerals and fossil fuels at a rate that the church of climatology never discuss, and actively surpress.
I know they're removing subsidies for solar and wind, but are they going beyond that? Leveling the playing field (and finally admitting that intermittent sources require batteries in order to be compared to true base load alternatives) seems like a rational thing to do.
Some states have vastly higher energy costs, tho, don't they? Bit weird to compare the whole US to selected European countries, which represent completely different energy strategies and subsidy policies, while also being heavily affected by the war in Ukraine.
I'm in another European country. Here it's combined into the final kWh price rather than a separate line item. 7c/kWh for transmission fees.
The grid is owned and managed by a government entity, so the price is set by them with parliament oversight. Last year they had to reduce the price (from 10c/kWh), as they found out they'd been overcharging people for a few years and had a few hundred million surplus of revenue.
And yes they are investing quite a lot to modernise the equipment and put high voltage powelines underground (lots of forests here). My country has a population density comparable to Texas.
I have my last electricity bill, from France, something that's indexed on the "public price" (so it's possible you get extra discount, but I bet it's representative)
Electricity itself is priced at around 0,14 €/kWh (sparing you the 6th significant digits), so roughly $0,16/kWh at current exchange rates and taxes of of 0,034 €/kWh ($0,039/kWh).
Let's round it to up to $0.17/kWh, which is surprisingly close to your number.
The additional taxes are a "flat" fee of 1,8 €/month (2 $/month),
Then there is the registration itself, with sits at about $15 / month. (I can challenge myself to getting bills where the registration and taxes are bigger than the actual current.)
I'm not sure how I would get a nice number in "€/kWh", though ?
I think the administration's energy density should be extended for all things. Lets take transportation: Can't use federal lands, waterways, airspace or highways unless the airplanes, trains, ships, trucks and cars are powered by the highest energy density (nuclear).
Also, anything that uses airwaves: So, nuclear powered phones, watches, airtags.
This would be the biggest breakthrough for humanity. We have nuclear powered submarines but miniaturization of nuclear stalled since then.
This. Nobody is free, until everybody got a thermonuclear warhead.
I love the way cars explode in Fallout. I mean, random car crashes have historically been the epitome of excitement, 4k war footage made me pretty indifferent towards bloody windshields and burnt out station wagons. I really think, the intensity of an unexpected fission event projecting its authority through my eyelids could make me feel something again.
Nuclear submarines were developed at about the same time as civil nuclear power plants (and you could actually argue they were developed earlier or reached maturity earlier). Nuclear submarine power was a sort of ‘killer app’ for nuclear power, rather than a derivative of civil nuclear power stations.
Most of the things you cite, like phones, cars, airtags, can already be powered just off batteries and the electric grid, so the actual source of the energy is already abstracted away.
A large-scale nuclear plant will be way more efficient than a bunch of mini-plants, so having battery electric cars + nuclear power plants already gives you nuclear powered cars without even having to invent anything new.
We only need to focus on fuel generation (power plants), and the small number of remaining places that don't just take power from the grid (planes, ships, other things that have their own fuel/generator on board).
Looking forward to the DoT getting in on this. Cars have to go! Busses trains and bikes only! No other mode of transit can be funded, not dense enough!
We control nuclear proliferation by making enriched uranium (U235) very, very hard to acquire.
While I'd love to see more nuclear reactors in our society. The "nuclear everything" argument breaks a core tenant of US national security policy, making U235 very hard to get.
Authoritarian rulers favour loyalty over competence, so it makes sense. This means that you will have people in positions who are incompetent and shouldn't be there.
The tearing down what this admin dubs the "green new scam" is hugely responsible for this. De-funding & clawing back great investments towards the future, investments that would both power America and fuel our industrial base, drive huge economic growth.
It's not just bad for energy generetion either! China is also building a huge war chest of IP patents. Its incredibly sad to see this un-forced error, this sabotage of America, this destruction of our leadership. To walk back to a fake Great Again idiocracy obsessed only with doing the opposite of the liberals.
Meanwhile in china they set factories on fire because they are not paying the wages. Chinas graphs are as dubious as the sovjet unions and they have used up the working population that drove these economic miracles.
We need all the non-carbon power we can get, and it's a shame to remove existing power sources but as electric power is eminently fungible, that loss can be mitigated with other sources.
Meanwhile, efforts to modernize the US electric grid have been stalled by Red states that are ideologically opposed to renewable power. There's plenty of potential power to be generated that is hamstrung by that resistance (pun intended).
I can't speak to any particular dam closure but there's a lot more to maintaining dams than one might believe: https://www.youtube.com/watch?v=XiUOBdEUqjY (Practical Engineering - All Dams Are Temporary)
In an ideal world this should incentivise more people with single family homes and capital to invest in Solar + batteries and even with tariffs I am sure the breakeven time will still be less than 10 years (also after accounting for the fact that utilities will not be paying a lot for your electricity though time of use pricing and batteries may help a bit)
I live in the SF Bay Area. My rates have roughly doubled in about 5-6 years. I'm paying almost $0.50/kWh or more depending on what tier I'm in at the time. PG&E does NOT reward conservation or solar power usage. They say "We aren't make enough money! We need to raise your rates! We need to charge solar users to connect to the grid!" The exact same thing happens with water utility companies, when they first preach water conservation, and then complain they aren't making enough money so they have to raise rates.
PG&E wants to charge solar power users $80+/month just for the privilege of connecting to the grid even if they are fully self-powers through solar, and give new users $0 to return energy back to the grid.
The entire system is a scam, and every politician involved is a corrupt.
From here on out, batteries are where it’s at. Overprovisioning solar helps, but the demand isn’t there and they aren’t going to pay much for it. (More utility-scale batteries would increase demand for solar somewhat, for charging them.)
Meanwhile, California needs to maintain and improve the electrical grid to lower the risk of wildfires, but more solar in the wrong places doesn’t help much with that.
PG&E is passing the cost of wildfire upgrades to customers. I'm not sure if they're hitting risky areas harder than low-risk areas, but my bill makes it look like I'm subsidizing people's cabins.
I'm sitting here in Texas paying apg&e an average rate last month of .141. And I thought that was high because a while back it was .11. And its probably mostly all renewable energy since we have windmills as far as the eye can see all around us and wind that never seems to stop.
You can disconnect from the grid but just like having a lawyer on retainer cost something so does having the power company on retainer.
It's why cloud servers cost so much more than your own on-prem solution, and on-demand offices more than your own.
And if you want an engineer on call it's gonna cost you. If you work in software, think about it, how much would you charge for a job where they could call you anytime and expect you to start work.
The only way this might end is few rebellious folks with large enough properties will start going totally off grid. It does not look unrealistic tbh but a lot depends on how tariffs and Solar installation costs in US evolve (expectation is for them to be a lot lower but not happening due to installation red tape and other reasons).
If I was in such a situation where I lived in a Sunny enough place and had my property of such a size I would rather trade 95% uptime for being totally off grid and have some sort of emergency system for the 5% when it may not work.
I am actually surprised that the ultra libertarian and independent folks of Southern USA have not yet realised that they can get truly independent by making their own energy and powering their own vehicle
> PG&E wants to charge solar power users $80+/month just for the privilege of connecting to the grid
Sounds low to me. What would the payment be on a multi-day (week?) capacity battery for your power draw if you financed it over it's useful lifetime?
Relatively wealthy homeowners using the grid as a subsidized battery are going to actually have to pay a proper amount for the privilege or the grid simply breaks.
That said, I am all for people being able to disconnect entirely from the grid if they so choose. But this means literally cutting the wires to your home. I don't agree with places that effectively outlaw this.
But if you want to be grid-tied, then you need to be paying for its upkeep and the amount of "idle" power generation on standby 24x7 in case you end up needing it with zero notice due to the sun not shining or your equipment failing. The only thing you should be saving money on is fuel costs, which is a fraction of the total price per kWh.
Backup power is expensive. The grid being so reliable for so long has made everyone forget this fact it seems.
Why would an ideal world have electricity become so expensive that individuals have to construct their own power stations? I have better things to do with my time. I don’t want a society where we are designing incentives such that individuals to have to build and maintain all their own infrastructure.
What's the target market of your business? I'm doing a DIY solar setup, plus a bunch of liberty-respecting automation, and often lament that there aren't better ways to make such things serviceable by contractors (when I'm gone, etc). It feels like every commercial offering I've seen is for extremely rich people's "dream houses", deploying expensive niche-commercial solutions in a very top-down manner (lots of homeruns of narrow-purpose cables to multiple racks in a centralized control room, etc).
Man that's some environmentalist centralist government planner thinking: mess up your energy policy so badly that prices rise like crazy and it starts making sense for people to switch to way more expensive ways to convert energy.
I looked at that, then the conservatives decided to subsidise electricity consumption to great acclaim, and that threw off the ROI and I bought an oil boiler and decided to not bother with rooftop solar as the time for return more than doubled. Thanks Boris, Yu confirmed that the market would be manipulated.
Readit News
It's still a weird sanctioned monopoly. More places should get over their fear of public ownership.
I evade working directly for publicly traded companies like hell or let myself be paid very, very generously. Most often your time will be limited in the first place. Better to be employed as a freelancer in that case.
They operate "for profit", but profits are distributed amongst shareholders in the form of reduced bills, ie last year we didn't get bills for electricity transport for december, and the year before that there were no bills from august through december.
The "for profit" part pays infrastructure upgrades, so some years we pay the normal prices if there is infrastructure work being done, which in the end benefits all shareholders, meaning me (and other users).
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The other problem we have is moronic NIMBY and environmentalist behavior that led to our only nuclear power plant shutting down and a second one never being allowed to go online at all. The entire Long Island region is still on the hook financially to pay for vetoing a previously approved and built nuclear power plant decades ago. This leads to NY to now depend on imported electricity from other states and Canada at increased rates. And it's only going to get more expensive as datacenters eat up cheap electricity from the same sources.
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If people don't like paying a private entity for a goods or service, the solution is to make it yourself, not complain. Tons of cities, counties, and states do just that
The place that your analogy falls is that electric companies are private companies operating legal electricity monopolies where much of the infrastructure in question is placed on right of ways across public and private land not controlled by the operator.
then there are things like the town of Lunenburg having it's own power company https://www.townoflunenburg.ca/electric-utility.html
Most people seem to blame price gouging from the electricity companies, but the electricity companies seem to be extremely tightly regulated and don't have much wiggle room with how they set their prices.
Haven't heard much talk about actually solving the problem and building more power plants, so probably we're going to see more articles like this in the future.
True or false: PSEG's annual profit every year for the last five years at a rate that greatly exceeds inflation while expenses are practically flat.
Their stock symbol is PEG, bee-tee-dubs.
There are very few theories of business and/or economics where profits increase while costs are steady where prices don't increase.
Are they (hold on a sec while I compose myself so I don't type a long string of obscenities) using that money to improve their service and keep rates steady or are they funneling everyone's money into the pockets of their investors and begging the state for free cash to maintain their infrastructure like they're some broke-ass bitches?
Also their stock underperformed the S&P 500 over the past 5 years.
I'm not really a finance guy so probably I'm looking at it wrong, but that seems like some pretty bad price gouging.
There is a very specific and relevant one: The one in which supply is inelastic. In other words, the one in which it's hard to build new power plants.
When that happens, the cost of operating existing power plants hasn't changed, but demand goes up. In normal economics, demand going up causes the price (and therefore profit) to go up, which in turn attracts more suppliers that increase supply and mitigate the amount the price can increase.
If the supply can't go up then price does. That's econ 101 and it's happening just as it's expected to -- it's simply what happens if you make it hard to increase supply.
They are not what I’d call a profitable company. I think their stock is reflecting the AI bubble as plenty of people are speculating on power companies
[1] https://www.roic.ai/quote/PEG/financials
If "AI Datacenters" are part of the problem the answer is simple, charge them higer rates, high enough to motivate them to build their own generating capacity.
We need laws that prevent government employees from directly or indirectly investing in utilities.
The California Public Employees' Retirement System for example directly holds over 6.4 million shares of PG&E, and an additional 52 million shares via intermediaries.
Sure they do; the wiggle room is referred to as profit
"AI Data Centers May Consume More Electricity Than [Residents of] Entire Cities" (2024), 80 comments, https://news.ycombinator.com/item?id=42221756
"Meta data center electricity consumption hits 14,975 GWh" (2024), 60 comments, https://news.ycombinator.com/item?id=41421627
After paying $15k (after subsidies) for a 40kWh battery, our battery is filled by roof solar and grid provided renewable energy, when needed, at very cheap rates (6c/kWh). I pay $1 a day for grid connectivity. Our total annual energy bill will be approximately $500 for the foreseeable future.
I'd previously looked into this and it sounded like a package was required - PVC + battery - whereas I've already got 10kW inverter + 12kW panels, and basically just want something around that size (40kWh).
Street pricing seemed to be around the $9k installed per 10kWh, so a) your subsidy options sounds spectacular - around 60% discount? - and b) payback for me would probably be around 8 years.
But if I switch vendors (Amber I think is what one of my friends is on) I can engage in something analogous to wholesale market activity, 10m bidding / sales, rapidly decrease the projected lifetime of my battery, but potentially be $-positive even through the winter months.
But all that feels like something the power companies here in AU are going to try to try to undercut / tax.
There are two providers (Globird and Ovo) I have been researching that provide 2-3 free hours of electricity per day between 11-2pm. That + solar would easily fill the batteries, so that power bill might drop even more.
You should get some quotes from battery/solar installers (no doubt you have heard of solarquotes.com.au). Prices have dropped a lot this year.
They don't expect to ever pay for electricity again - instead their biggest problem with Amber is what to do when they are overproducing. They got charged $2.50 the other day when they didn't curtail production and had to dump power into the grid!
It's also economically questionable because it's simply much cheaper to build and manage a smaller number of large batteries then thousands of home batteries.
I understand why these schemes are politically attractive; people like to own their own stuff. But there is a very real chance this increases the cost of energy here.
I see the following benefits:
1. Stabilises the grid
2. Smooths peak demands. Check the Price and Demand graph here: https://www.aemo.com.au/energy-systems/electricity/national-...
3. Increases supply -> energy prices decrease?
4. Accelerated move away from coal generation and towards renewables.
5. Job creation (solar and storage installation)
Drawbacks:
1. Renters, lower income houses and apartment dwellers don't have access the subsidies
2. Exposure to dodgy installers and systems just like we saw with the Australia solar scheme.
Figures depend on provider and plan, but sometimes cheap (as per parent's 6c / kWh), but during the midday to 6pm range it may be up to 60c.
So, grid rates aren't subsidised, but having a storage medium means you can arbitrage power quite easily.
By cancelling and stalling solar and wind projects while propping up coal of all things? That makes no sense.
The two largest in the EU by population (20% and 15%) and GDP (24% and 16%).
That's as may be, but my electricity bill is 1/3 for kwhs of electrcity, and 2/3 for "delivering" said power.
As such, it seems like France and Germany may have an advantage there, no?
The grid is owned and managed by a government entity, so the price is set by them with parliament oversight. Last year they had to reduce the price (from 10c/kWh), as they found out they'd been overcharging people for a few years and had a few hundred million surplus of revenue.
And yes they are investing quite a lot to modernise the equipment and put high voltage powelines underground (lots of forests here). My country has a population density comparable to Texas.
Electricity itself is priced at around 0,14 €/kWh (sparing you the 6th significant digits), so roughly $0,16/kWh at current exchange rates and taxes of of 0,034 €/kWh ($0,039/kWh).
Let's round it to up to $0.17/kWh, which is surprisingly close to your number.
The additional taxes are a "flat" fee of 1,8 €/month (2 $/month),
Then there is the registration itself, with sits at about $15 / month. (I can challenge myself to getting bills where the registration and taxes are bigger than the actual current.)
I'm not sure how I would get a nice number in "€/kWh", though ?
Also, anything that uses airwaves: So, nuclear powered phones, watches, airtags.
This would be the biggest breakthrough for humanity. We have nuclear powered submarines but miniaturization of nuclear stalled since then.
I love the way cars explode in Fallout. I mean, random car crashes have historically been the epitome of excitement, 4k war footage made me pretty indifferent towards bloody windshields and burnt out station wagons. I really think, the intensity of an unexpected fission event projecting its authority through my eyelids could make me feel something again.
A large-scale nuclear plant will be way more efficient than a bunch of mini-plants, so having battery electric cars + nuclear power plants already gives you nuclear powered cars without even having to invent anything new.
We only need to focus on fuel generation (power plants), and the small number of remaining places that don't just take power from the grid (planes, ships, other things that have their own fuel/generator on board).
While I'd love to see more nuclear reactors in our society. The "nuclear everything" argument breaks a core tenant of US national security policy, making U235 very hard to get.
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I bet the crew on the submarines is much more focused on what they are doing…
It's not just bad for energy generetion either! China is also building a huge war chest of IP patents. Its incredibly sad to see this un-forced error, this sabotage of America, this destruction of our leadership. To walk back to a fake Great Again idiocracy obsessed only with doing the opposite of the liberals.
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Dam removals have multiple factors behind them, from pure economics (cheaper to remove than repair) to environmental -- restoring fisheries: https://en.wikipedia.org/wiki/List_of_dam_removals_in_Califo...
We need all the non-carbon power we can get, and it's a shame to remove existing power sources but as electric power is eminently fungible, that loss can be mitigated with other sources.
Meanwhile, efforts to modernize the US electric grid have been stalled by Red states that are ideologically opposed to renewable power. There's plenty of potential power to be generated that is hamstrung by that resistance (pun intended).
PG&E wants to charge solar power users $80+/month just for the privilege of connecting to the grid even if they are fully self-powers through solar, and give new users $0 to return energy back to the grid.
The entire system is a scam, and every politician involved is a corrupt.
If you're "fully self-powered through solar" just disconnect from the grid.
If you're using the grid as a battery where you feed power into it at 4PM and draw power from it at 4AM, that costs money.
https://www.gridstatus.io/charts/curtailment?iso=caiso
From here on out, batteries are where it’s at. Overprovisioning solar helps, but the demand isn’t there and they aren’t going to pay much for it. (More utility-scale batteries would increase demand for solar somewhat, for charging them.)
Meanwhile, California needs to maintain and improve the electrical grid to lower the risk of wildfires, but more solar in the wrong places doesn’t help much with that.
It's why cloud servers cost so much more than your own on-prem solution, and on-demand offices more than your own.
And if you want an engineer on call it's gonna cost you. If you work in software, think about it, how much would you charge for a job where they could call you anytime and expect you to start work.
"The entire system is a scam, and every politician involved is a corrupt."
What an immature over simplification that means nothing. none of the examples you provided are an example of corruption
If I was in such a situation where I lived in a Sunny enough place and had my property of such a size I would rather trade 95% uptime for being totally off grid and have some sort of emergency system for the 5% when it may not work.
I am actually surprised that the ultra libertarian and independent folks of Southern USA have not yet realised that they can get truly independent by making their own energy and powering their own vehicle
Sounds low to me. What would the payment be on a multi-day (week?) capacity battery for your power draw if you financed it over it's useful lifetime?
Relatively wealthy homeowners using the grid as a subsidized battery are going to actually have to pay a proper amount for the privilege or the grid simply breaks.
That said, I am all for people being able to disconnect entirely from the grid if they so choose. But this means literally cutting the wires to your home. I don't agree with places that effectively outlaw this.
But if you want to be grid-tied, then you need to be paying for its upkeep and the amount of "idle" power generation on standby 24x7 in case you end up needing it with zero notice due to the sun not shining or your equipment failing. The only thing you should be saving money on is fuel costs, which is a fraction of the total price per kWh.
Backup power is expensive. The grid being so reliable for so long has made everyone forget this fact it seems.
I work in energy/home automation. I'm burnt out.
Is this supposed to be positive?
Instead, they get to offshore jobs or bring in H1Bs to further their bottom line.
Big Tech's A.I. Data Centers Are Driving Up Electricity Bills for Everyone
https://news.ycombinator.com/item?id=44905595
The U.S. grid is so weak, the AI race may be over
https://news.ycombinator.com/item?id=44910562