Thread: Grid can go 75% renewable

On another note,coal Royalties for Qld this financial year will be around $10.7Billion.

I wonder how the budget would look without that money?

Yes - Qld and NSW state governments are squealing like stuck pigs at the prospect of losing coal royalties, even if only from a domestic price cap (the really big royalties are from the exports in both states).

Originally Posted by scarry

On another note,coal Royalties for Qld this financial year will be around $10.7Billion.

I wonder how the budget would look without that money?

And why is the money not being used to subsidise the cost of the coal being used in QLDs power stations, to lower the electricity cost to ALL Queenslands?

Federal and state-level governments have unanimously signed on to develop an energy "capacity mechanism", a scheme that will pay renewable energy providers to be available to increase electricity supply at a moment's notice.
"Federal Energy Minister Chris Bowen said the "capacity investment scheme" would "unleash" $10 billion worth of investment and 6 gigawatts of renewable dispatchable power: that is, energy that can be stored and used at-will."
The American I.R.A is used to fund a huge range of investments Many putting money in my pocket .

The new Australian money is not yet entirely codified by law. Only coal and gas were cut out it seems.

Hydrogen made by stored via electrolysis or our Pyrolysis can be used for large scale readily dispatchable power
"The Shinincheon Bitdream Fuel Cell Power Plant, Incheon, has a total capacity of 78.96MW and will produce 700GWh of electricity annually, This is sufficient to supply power to 250,000 households in the capital area and heat an additional 44,000." link

This is just a current or 2017 tech small example It can be much bigger, faster and cheaper than lithium batteries . One big battery here is "The Victorian Big Battery is a grid-connected battery electricity storage facility adjacent to the Moorabool Terminal Station near Geelong in Victoria, Australia. The battery provides 450 MWh of storage and can discharge at 300 MW." Cost more than 160million and power cost is born by us of course.

Cost and efficiencies are changing quickly

US is in the mix with several projects including "Advanced Clean Energy Storage hub will be the world's largest renewable energy storage facility. The hub will capture excess wind and solar energy and—with the help of Dynapower's power conversion systems—convert it to green hydrogen using electrolysis and store it in underground salt caverns. The first two caverns at the hub will store up to 300-gigawatt hours of dispatchable clean energy and feed it back to the grid when it's most needed."
Dynapower to Support World's Largest Green Hydrogen Storage Project Parent company is Sensata Tech Marked cap "USD$6.69B"

We know or many lurking billions+ in investment money in this sector looking for several LARGE scale place to park cash has and will be running rulers over the options very closely.
Every input available to create C02 free hydrogen production will be required and will not be nearly as much as needed. The world needs metal, power, fertilizers for food and heat Hydrogen is a part of all of them. What is clear is the massive land foot print of Wind and solar projects and materials needs for them limit the scale they will be able o provide. Hazer tech Pyrolysis and Nuclear heat/power to electrolysis (or heat to Pyrolysis??) are the only small foot print options.

Nuclear is not likely here until a few people get out of nappies

I am going to put an amazing yarn on the bad side of nuclear in what am I listening to. The history is amazing. I thought I knew lots and found I knew little as usual

Originally Posted by NavyDiver

I am off tweete This is from tweeter

"“Over the last 40 hours, the UK wind power industry has swung from producing 16.4 GW to generating 0.4 GW. The drop in electricity production is equal to, give or take, switching of 14 nuclear power stations. That's the reason why UK power markets are tight today.” "

full time not just cheap and part time is essential - Last post- Excuse me reading a huge new letter which references far to much information

My work XMAS party in a hour and a 1/2 then 40km+ bike ride to keep me away from the computer

Just like around here.

More fans than you can poke a stick at, first hot day - all motionless. At which point they’re actually consuming power rather than making it.

We need alternatives for these higher peaks or it’s useless.

Originally Posted by drivesafe

And why is the money not being used to subsidise the cost of the coal being used in QLDs power stations, to lower the electricity cost to ALL Queenslands?

Because the state owned power stations with fixed price coal contracts, which have their power selling price set by the price the two(?) state owned stations buying coal at market price are more profitable. Win-win!

Originally Posted by Tombie

Just like around here.

More fans than you can poke a stick at, first hot day - all motionless. At which point they’re actually consuming power rather than making it.

We need alternatives for these higher peaks or it’s useless.

Urgently here and too late for the EU unless some divine intervention occurs

"With so little wind, Germany fired up its coal plants. At times last week it was producing 40% of its electricity from them, polluting as much as coal-hooked nations like India and South Africa. If nothing broke, it was because it wasn’t particularly cold.
From now on, the dreaded scenario is what energy professionals in Germany call a Dunkelflaute — literally meaning the dark doldrums, a period with little solar and wind electricity and high demand because of low temperatures. If a Dunkelfluate episode hits Europe — and some traders and meteorologists believe there’s a high chance of one this week or next — the region will be in trouble. "

Money flows can be assured? "Thomas Schaefer, one of the most senior executives at Volkswagen AG, publicly said what many other business people and policy makers had only raised in private. “When it comes to the cost of electricity and gas, in particular, we are losing more and more ground,” he said, warning that unless prices fall quickly, investment in Europe will be “practically unviable.”"

It will take years of planning and investment to fix the ten plus years of silly dreams and inability to count and forecast for many countries.

We have a little bit of a break IF silly walks ministry is not in charge. Not saying they are or aren't. I do see some hints they may be

Interesting...

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