The country that goes total renewable first wins. That country often stops having to import most of its oil, the biggest part of a country's trade deficit. They also have a super abundance of surplus power at any time but the depths of Winter. That surplus will be almost free and can be used in factories and transportation; giving that country an incredible advantage in the cost of producing and shipping goods. This can have the effect of almost tripling the GDP of a given country. China already has production advantages. Going to completely renewables will ensure that they remain the number one world economy.
My electricity bill was reduced from over 12,000 Baht/month (~$350) to 1,500 Baht(~$42). This is despite having 2 electric vehicles so far. Made possible by my solar rooftop.
Thanks for the shoutout, Sam! These are incredibly exciting times-China could potentially exceed 240 GW of new solar installations this year. I've even heard whispers about underreported projects in the pipeline, with some claims suggesting China could hit 360 GW and global capacity could reach 750 GW of new installed solar in 2024. Still, I’ll hold off on sharing this widely until it’s confirmed through official channels. 🙂
Sam, Do you know if China will now close down their Concentration Camps in their West and release the one million plus people they have locked up for years, for "re education"?
Australia is the second-largest exporter of coal in the world, and exports make up a large portion of its energy exports. We all know how bad coal is for the environment. The Australians know! Coal is the most polluting way to generate electricity and is a major contributor to climate change. When coal is burned, it releases carbon dioxide, a greenhouse gas that traps heat in the atmosphere and warms the Earth. Australia knowingly continues to export coal, knowing the damage burning Australian coal does to the planet, Earth, where we all live! Australia should IMMEDIATELY be told to stop exporting coal and be charged by the ICC with crimes against humanity. The Australian leadership should be placed on trial at the Hague.
Not quite, although I want to stop the fossil fuel industry destroying everything we are still being sold the lie that gas is a transition fuel although the best quality coal (anthracite) is less polluting than gas.
There’s a notion of a capacity factor associated with every energy generation tool depending on geographic location. Effective solar hours are only ~1/6 of total hours of a year in China, so that 240 GW of solar nominal capacity corresponds to 40 (not 240!) GW of nuclear stations.
Wind and solar on average give 20% in China (this factor is growing yearly). So it would give 60GW. Additionally, coal is also not 100% but around 50-60%. In China, it is even lower. Some sources estimate that it is just 40%. Nuclear is around 80%.
You need to distinguish between solar capacity and solar generation. Currently about 80% of global energy consumption is generated by carbohydrons such as coal, oil and gas.
@@larryc1616I wouldn’t be too sure about it being developed nations first… countries with simpler grids can move toward micro grids and local production easier than the Us with its entrenched utility business interests and built up old rigid grid
On paper, the UK has 17 GW of installed solar generation. In November the average power output was 0.48 GW. That's why the biggest source of electricity generation was gas....as usual.
There is only 64 squares on a chess board accuracy is important getting more solar and batteries here is really important we are going so slow in Australia but those huge power bills frighten us all,
What do you mean Australia is going slow, do you mean solar farms? The regulator believes that Australian households with solar will reach 80% by 2050 but it is likely to reach that by 2035 and more households are buying batteries looking for energy independence.
China is also investing in nuclear as a backup power system to keep critical infrastructure going in the case of global emergencies. Emergencies such as a super volcano explosion causing reductions in sunlight, etc. It's always good to have in place fallback plans.
Here in Australia the opposition party does support nuclear. I would support that if they would shut down the domestic gas industry as part of the process.
Alberta has among the best solar and wind resources in Canada. There is lots of wind and solar in Alberta, but unfortunately, Smith has now made it next to impossible to deploy more. Apparently renewable energy jobs are less important than fossil fuel jobs.
Prof. Bartlett did a lecture a couple of decades ago and said The greatest failure of mankind is not understanding the consequences of exponential growth (or something to that effect). Now he was warning about things like population growth, pollution and inflation but you get the point. What he didn’t mention is that most growth levels off as things change but still, it’s important to consider the possibilities.
To go with the daytime 2TW, storage for overnight would cost a bit more than $1tn using the lithium batteries mentioned in the video. Quite pricey - perhaps sodium-ion would be a bit less expensive. I can imagine there's a lot of development going on as we speak, as it really would enable solar as primary energy source over much of the planet.
China is doing what it says it will do. US is going to exit the Paris Accord again, after it rejoined, after it got out, after it convinced everyone to agree to the accord.
In Brazil there is a city called Candiota that depends almost exclusively on its gigantic coal mine to exist, and is desperate with the change in energy production.
A economic advantage of solar is longevity with negligible operating costs. Much of the solar panel lifecycle is/will be automated(robotic machines to manufacture, deploy, clean/maintain, decommission, and recycle panels). Also, it's economical to avoid the costs of oil wars masquerading as liberation operations.
We cut our electric bill from $500 to $100 per month with agressive conservation and a Span panel, and no solar panels. IMHO, all enphasis on BEVs (the correct term) is misplaced. My PHEV now reads 82 MPG. That can be over 1000 miles of range. A 12.5 gallon fill-up can last me up to 6 months. I charge at level 1 (discounted) in 90 minute sessions overnight. The real problem with BEVs is that not everyone can drive one. Hybrids can become stranded assets when gas stations be come hard to find. PHEVs are the perfect vehicle for today, for the future, and for fighting climate change. The goal of 100% passenger vehicle electrification is infeasible and unhelpful. We need to decarbonize as fast as possible to address the climate crisis. That means having the most people driving the lowest emission vehicles.
Why can’t everyone drive a BEV? Why is 100% passenger vehicle electrification infeasible? BEV drives more or less the same as gas or hybrid. And, as battery costs continue to fall, BEV will become cheaper to manufacture (and longer lasting) than anything with a combustion engine, including hybrids. BEV is also cheaper to operate.
Because there will be places where there isn't infrastructure to support them. Think rural or wilderness areas. In those locations PHEV makes more sense.
@@jabbathespud I think the rural/wilderness thing is highly overrated, and easily handled if absolutely necessary by legacy fuel vehicles. As BEVs become dominant (and they will), fast charging infrastructure will become as common as gas stations are now, from sheer demand. Most “rural” is filled with small towns that have gas stations - that’s how cars get around there now. And “wilderness” so remote that it doesn’t have any fueling infrastructure now is also so remote that it doesn’t have paved (or even decent) roads, making it inaccessible to ordinary passenger cars anyway - not to mention hardly anyone lives there to need a vehicle. As a mountain hiker, I’ve been on some pretty rough, remote roads in the American West, but none that were a 200+ mile round trip away from a gas station! In the rural midwest (where I live), you won’t need to go more than about 10 miles to find gas.
@@davestagner Renters can't always plug in a BEV to charge; Many people just refuse to drive a BEV be cause of cost, battery degradation, maintenance issues, or they think (falsely) that the global warming crisis is a "hoax". Many PHEV have a self-charge mode, say for renters or people to far from a charging station.
@@jabbathespud Thinking about it, the most “remote” I’ve been in the US was driving across central Nevada. Rachel (near Area 51) has a gas station. It’s about 100 miles in either direction to Caliente or Tonopah, which both have gas and populations over a thousand. One could easily drive from Caliente to Tonopah on a full EV charge. Outside of Alaska, this is about as remote as things get in the US.
The problem with coal is that it is expensive and for the most part, Not dispatchable. To really be considered to be dispatchable, a plant must be started in tens of minutes or less, not 24 hours as is the case with coal. Nuclear is even less dispatchable and even more expensive. Base supply is supposed to be the cheapest power but coal and nukes are now the most expensive.
China has 5200 gwh of installed coal capacity. +250 gwh of solar/battery is good. But it is only +50 gwh of reliable electricity. 1% of their demand, or less
I’m staggered that China is still granting permission for any coal power stations. Nothing to be proud of at all. You’re right that price is the key issue for selling EVs. That’s why virtually no private buyers in the UK will touch them, despite the absence of car tax and congestion charge - £12.50 / day in London. The EV market in the UK is totally artificial and costing tax payers a fortune because of massive tax reliefs for employers and employees not being taxed for benefit in kind for company cars. Now manufacturers are delaying the transfer of ICE cars to buyers by putting them in compounds / fields until the New Year so as to avoid being fined for not meeting their targets. Yes, if prices come down things might change but for now our EV market is totally dependent on HUGE government subsidies. What a mess!
because other sources still cannot fulfill the increase of electricity demand yet, so just build as many as renewable but if it cannot it will still build gas/coal to fill the gap
So solar is a function of batteries . Currently, there is no "Gen Zero" battery product like EVs, but we are getting close. Just like the Gen Zero EV is one that is priced the same or less than an ICE car but has the equivalent capability, so gen zero battery is one where the energy function of a battery is the same as a barrel of oil but for same or lower price. WE ARE GETTING THERE
I really like the channel. All the news about EV's and renewable energy is very interesting, will have profound impacts on just about everything in the next few years, and I feel is generally not being reported by most media. Here is a question for you. I live in the USA. Bought my first EV recently, a model 3 high performance, absolutely love it. Now, I want to add solar to my home. But now I wonder if it will be worth it. With the proliferation of solar and renewables and now mega packs being installed everywhere, you have claimed and I agree, that the price of electricity should plummet in a relatively short timeframe. Would an inventment in solar for my home pay for itself given that the price of electricity should plummet and that normally solar for your home needs many years to pay for itself? What is your opinion.
Though future electric costs definitely affect ROI, another aspect is the cost of the installation. Solar panels and the balance of system is between 33 and 40% of the total cost of a system installed in the US. The rest of the cost is labor, insurance, bennies for the workers, etc. For the few who are capable of installing their own solar, the economics are far better.
@ 0:23 One Terawatt is WRONG information. China has added 160 MW in first 3 quarters of 2024 as it is shown in the video. 1TW is the CUMULATIVE solar capacity of China.
Considering that China's energy needs are an estimated 17 GW (based on 2024 energy consumption and a 50% capacity factor) there is still a very long way to go. The direction is clear though.
I can see in official Chinese sources that they built 1,5 GW of nuclear in 2023 and will open another 1.5 GW in 2024. I am unsure why the author says 5 nuclear power plants were opened in 2024.
Weird that the Wikipedia number is wrong. The first grain of rice is an odd number one the second grain of Rice is an even number of two doubling even numbers will get you more even numbers as the last digit forever. So the last number they have on Wikipedia is a five.
Nuclear works 8500 hours a year on max capacity solar only 1000 hours or less. There are some wrong assumptions. Which doesnt mean that its s huge increase of solar Power.
The meaning of max capacity is very different from solar to nuclear. Solar is obviously designed to run during the day, which is why you build 2x what you need and store the excess capacity in batteries for nighttime. That’s the whole point of solar.
@@tinogruchmann Twice is enough. And with wind in high wind areas probably less so. Hinkley point is costing nearly 100Billion australian for 3.2 GW, while Dogger Bank wind farm is costing 20 Billion for 3.6GW. So five times less money for about the same generation. And it's already producing whereas Hinkley produces nothing. But comparing the two are apples and oranges. They require different systems.
@@tinogruchmann Wind would probably work better than solar, though solar can still work in a cloudy country like Germany. The other thing is getting interconnectors with southern European countries like Spain, Greece and Italy that do have good solar.
Meanwhile in the UK the solar capacity is 17GW and on 20th Dec at 1 oclock in the afternoon - the actual generation of solar is a pitiful 0.77GW that's 1.9% of demand If the sun doesn't shine nothing is produced. Wind generation is good today 20GW out of 22GW capacity - last week this was less than 3GW with no sun and no wind. Fossil fuels are alway going to be needed when green production is so variable
Naah, you can stabilize the grid with batteries and nuclear on top of renewables. Here in Spain is already 62% renewables, 84% zero emissions, the rest is Gas mostly and 1.1% coal. It can be done, I guess each countries require a different energy mix, but We can clearly get rid of fossil fuels from our electricity production.
Spain is very different to UK. Whilst correct that solar does b-all in winter, and may be a negative investment as it detracts from wind / hydro etc. His view is not, I believe, correct. Norway has massive hydro capacity, we can balance our excess wind against this with more interconnection. We need more battery and hydro. We still need a lot more wind, hydro, tidal generation. Variable pricing will do a lot for reducing the peaks.
I'm in the UK we had 2 days of winter sun where I was got grey in the afternoon but that doesn't matter to me There's always wind due to us being an Island, Modern turbines turn at as low speed as 8mph I have a solar battery install it's undersized for my needs due to only being able to use one side of the roof but it still provides 75% of my energy over 12 months You can run a house on an EV battery for a week if your careful so this we will always need fossil is not true especially with battery prices falling so quickly your talking 5 years.
A chessboard has 64 squares. I don't understand where the 68 squares is coming from. Perhaps what you mean is 2^63rd + 1. 2 raised to the 64th power is 18,446,744,073,709,551,616. If you have one grain of rice on the first square, then 2 raised to the 63rd power + 1 would be 9,223,372,036,854,775,809. This is an old story. Supposedly a chess master agreed to play a ruler in India thousands of years ago, and the agreement was that if he won he would be given 2 raised to the 63rd power + 1 grains of rice. He won, and it was determined that there wasn't enough rice in the entire kingdom to pay him.
Big big thing in China unlike Europe or America no gas stations on every corner. and Personal transportation is 60% EV Even China homes hot water is solar powered. China cannot afford to build Coal Gas Nuke plants due to 25-30yr life span of those power plants. Solar is plug n play with expendable battery backup which is improving batter tec and cost daily.
I lived and worked at Hohhot with a coal power plant in the center of the city. Un believable dirty and Coal dust everywhere every morning teams of workers wiping off walls stares doors hand rails. You never touch your face or worse eyes with your hands or you go blind. Coal dust in my lugs I coughed for 2 months coming back to the US.
$65 per kWh seems a bit expensive lol. Did you mean MWh? Solar peak capacity is not equivalent to Nuclear or coal, an equivalent needs to included the capacity factor, which is very low for Solar.
The Electric Viking would have more credibility if he compared like with like. 1GW of nuclear is worth about 8GW once you take capacity factor and storage losses into account
Australia should make hydrogen at noon and sell it to Europe. We need it. What do you know about the global south? What is India doing, do they use solar? Africa? Brazil?
You should not waste time with Hydrogen, we need green Hydrogen for make fertilizer (we use coal and gas to make it now) but it has no other use. India and Brazil are installing large amounts of solar but I don't have the figures.
Building a Coal fire plant a week until 2030 in China adding to 1161 plants they have. Canada's coal exports are up 300%.Australia is up to $163 billion. World coal usage is up to record 8.7 billion tonnes. Are you being payed by China?
Look forward to seeing these videos in 2032-2035 where China’s shutting down its last coal and gas plant, as the U.S. does as well, and global EV sales are reaching 70%.
China built the equivalent of around two new coal power plants per week in 2022, with 106 gigawatts of new coal power projects permitted, which is considered a significant increase compared to previous years; this translates to roughly 50 gigawatts of coal power capacity starting construction in that year alone. Think they just going to shut them down?
in the northern hemisphere above about 35 degrees latitude for 6 winter months when we need power solar works at full power about 6% of the time. Batteries are short term power. Where will the other 94% of power come from. Solar is intermittent, in short winter days, weak low angle winter sun, intermittency and unreliable, requires immediate firm power back for every kw of solar that drops out behind every cloudy day, etc. It won't work. In December solar is down to about 3% or less. There is no power to recharge batteries never mind power the grid. Billions wasted in solar and batteries.
Your comparation of nuclear and solar energy is nonsense. Nuclear power stations can deliver its power almost non-stop. But solar power station only during the day, not in the night. I think there are nights in China too. 😁😁 And of course, in the winter or cold weather solar power stations deliver only 10 % of its power in peak (instalation power). Another thing - even during the optimal day solar power stations deliver less energy in the morning and in the evening. It would be a good idea to compute, how many percent of instalation power delivers average solar power station in 1 year. I am awaiting it from you. 😀 Percentage of wind turbines is about 30 - 40 % in optimal conditions. I have asked Chat GPT 😀😀 and this is an answer. 1 kW of instalation power of solar power station can yearly produce about 1000 kWh. In countries like Saudi Arabia it can be even 1700 kWh. But 1 year has 8760 hours. It means, that 1 kWh of instalation power in nuclear power station can produce at least 8 000 kWh. It means that power station can deliver 5-8 times more electric power from 1 kW than solar power station.
Yes - but 84 % of all coal and gas developments currently in process are China and India... see my comment below... much as I like you Viking your analysis is incorrect... yes there is a shift but see my prior comment...
Maybe, you're forgetting that Musk is on record saying that 300 TWh of storage will be required by 2050 (in a fully electrified grid). So, we only have 298 TWh to go. Averaged out over 25 years we will need to add around 12 TWh of new storage capacity each year in a long build out until 2050 in order to correct the current reckless course that we are on. Note: This is a generous take on the data. Storage currently lags generation by a long way.
*I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $18k to $21k every week trading different stocks and cryptos*
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them. People prefer to spend money on liabilities, Rather than investing in assets and be very profitable
The country that goes total renewable first wins. That country often stops having to import most of its oil, the biggest part of a country's trade deficit.
They also have a super abundance of surplus power at any time but the depths of Winter. That surplus will be almost free and can be used in factories and transportation; giving that country an incredible advantage in the cost of producing and shipping goods. This can have the effect of almost tripling the GDP of a given country.
China already has production advantages. Going to completely renewables will ensure that they remain the number one world economy.
So Iceland it is then.
My electricity bill was reduced from over 12,000 Baht/month (~$350) to 1,500 Baht(~$42). This is despite having 2 electric vehicles so far.
Made possible by my solar rooftop.
And you can freeze your house in April if you like to.
what was the capital outlay for your solar system and your projected payback time period?
When the air quality is bad how does your solar perform?
Thanks for the shoutout, Sam! These are incredibly exciting times-China could potentially exceed 240 GW of new solar installations this year. I've even heard whispers about underreported projects in the pipeline, with some claims suggesting China could hit 360 GW and global capacity could reach 750 GW of new installed solar in 2024. Still, I’ll hold off on sharing this widely until it’s confirmed through official channels. 🙂
Sam, Do you know if China will now close down their Concentration Camps in their West and release the one million plus people they have locked up for years, for "re education"?
Australia is the second-largest exporter of coal in the world, and exports make up a large portion of its energy exports.
We all know how bad coal is for the environment. The Australians know!
Coal is the most polluting way to generate electricity and is a major contributor to climate change.
When coal is burned, it releases carbon dioxide, a greenhouse gas that traps heat in the atmosphere and warms the Earth.
Australia knowingly continues to export coal, knowing the damage burning Australian coal does to the planet, Earth, where we all live!
Australia should IMMEDIATELY be told to stop exporting coal and be charged by the ICC with crimes against humanity.
The Australian leadership should be placed on trial at the Hague.
💰 can't stop evil
Don't blame Australia for its' customers purchasing habits. It's the users that are evil!
Not quite, although I want to stop the fossil fuel industry destroying everything we are still being sold the lie that gas is a transition fuel although the best quality coal (anthracite) is less polluting than gas.
64 Pads on a Chessboard, if I remember correctly ;-)
There’s a notion of a capacity factor associated with every energy generation tool depending on geographic location. Effective solar hours are only ~1/6 of total hours of a year in China, so that 240 GW of solar nominal capacity corresponds to 40 (not 240!) GW of nuclear stations.
Wind and solar on average give 20% in China (this factor is growing yearly). So it would give 60GW.
Additionally, coal is also not 100% but around 50-60%. In China, it is even lower. Some sources estimate that it is just 40%.
Nuclear is around 80%.
Renewals going exponential is vital for solving climate change quickly, within 2 to 3 decades. Let’s go!
Good news.
Didn’t know a chessboard had 68 squares though. Is that two extra for each side where the reserve players sit?
Electric math!
You need to distinguish between solar capacity and solar generation. Currently about 80% of global energy consumption is generated by carbohydrons such as coal, oil and gas.
Yes but the rich and developed countries will be first to transition to renewables so you can't compare them all in the same bucket
@@larryc1616I wouldn’t be too sure about it being developed nations first… countries with simpler grids can move toward micro grids and local production easier than the Us with its entrenched utility business interests and built up old rigid grid
Just bought some rec 460w panels. It's winter now so not gonna set up until spring but am excited for my offgrid cabin
On paper, the UK has 17 GW of installed solar generation. In November the average power output was 0.48 GW. That's why the biggest source of electricity generation was gas....as usual.
light sq goes on the right for white or black; 64 sqs on the board (8x8); tons of rice
There is only 64 squares on a chess board accuracy is important getting more solar and batteries here is really important we are going so slow in Australia but those huge power bills frighten us all,
Sam isnt good at math
What do you mean Australia is going slow, do you mean solar farms? The regulator believes that Australian households with solar will reach 80% by 2050 but it is likely to reach that by 2035 and more households are buying batteries looking for energy independence.
The large number can’t end in 15, doubling always gives an even number.
The really staggering numbers are the amount of coal China is using today. Those coal plants built last week will puke on for years and years.
China is also investing in nuclear as a backup power system to keep critical infrastructure going in the case of global emergencies.
Emergencies such as a super volcano explosion causing reductions in sunlight, etc. It's always good to have in place fallback plans.
Here in Australia the opposition party does support nuclear. I would support that if they would shut down the domestic gas industry as part of the process.
Alberta have so much sun and wind , not sure why there is not much here , solar and farming is a good combinations here no much rain here in summer
Alberta has among the best solar and wind resources in Canada. There is lots of wind and solar in Alberta, but unfortunately, Smith has now made it next to impossible to deploy more. Apparently renewable energy jobs are less important than fossil fuel jobs.
Oil
Prof. Bartlett did a lecture a couple of decades ago and said The greatest failure of mankind is not understanding the consequences of exponential growth (or something to that effect). Now he was warning about things like population growth, pollution and inflation but you get the point. What he didn’t mention is that most growth levels off as things change but still, it’s important to consider the possibilities.
Exponential curves are hard for people to understand. S-curves are even harder to understand.
To go with the daytime 2TW, storage for overnight would cost a bit more than $1tn using the lithium batteries mentioned in the video. Quite pricey - perhaps sodium-ion would be a bit less expensive. I can imagine there's a lot of development going on as we speak, as it really would enable solar as primary energy source over much of the planet.
China is doing what it says it will do. US is going to exit the Paris Accord again, after it rejoined, after it got out, after it convinced everyone to agree to the accord.
In Brazil there is a city called Candiota that depends almost exclusively on its gigantic coal mine to exist, and is desperate with the change in energy production.
Yeah, same here in Greece, the city Kozani is heavily depends on Coal/Electr. production
It can change.
A economic advantage of solar is longevity with negligible operating costs. Much of the solar panel lifecycle is/will be automated(robotic machines to manufacture, deploy, clean/maintain, decommission, and recycle panels). Also, it's economical to avoid the costs of oil wars masquerading as liberation operations.
We cut our electric bill from $500 to $100 per month with agressive conservation and a Span panel, and no solar panels.
IMHO, all enphasis on BEVs (the correct term) is misplaced. My PHEV now reads 82 MPG. That can be over 1000 miles of range. A 12.5 gallon fill-up can last me up to 6 months. I charge at level 1 (discounted) in 90 minute sessions overnight.
The real problem with BEVs is that not everyone can drive one. Hybrids can become stranded assets when gas stations be come hard to find. PHEVs are the perfect vehicle for today, for the future, and for fighting climate change. The goal of 100% passenger vehicle electrification is infeasible and unhelpful. We need to decarbonize as fast as possible to address the climate crisis. That means having the most people driving the lowest emission vehicles.
Why can’t everyone drive a BEV? Why is 100% passenger vehicle electrification infeasible? BEV drives more or less the same as gas or hybrid. And, as battery costs continue to fall, BEV will become cheaper to manufacture (and longer lasting) than anything with a combustion engine, including hybrids. BEV is also cheaper to operate.
Because there will be places where there isn't infrastructure to support them. Think rural or wilderness areas. In those locations PHEV makes more sense.
@@jabbathespud I think the rural/wilderness thing is highly overrated, and easily handled if absolutely necessary by legacy fuel vehicles. As BEVs become dominant (and they will), fast charging infrastructure will become as common as gas stations are now, from sheer demand. Most “rural” is filled with small towns that have gas stations - that’s how cars get around there now. And “wilderness” so remote that it doesn’t have any fueling infrastructure now is also so remote that it doesn’t have paved (or even decent) roads, making it inaccessible to ordinary passenger cars anyway - not to mention hardly anyone lives there to need a vehicle. As a mountain hiker, I’ve been on some pretty rough, remote roads in the American West, but none that were a 200+ mile round trip away from a gas station! In the rural midwest (where I live), you won’t need to go more than about 10 miles to find gas.
@@davestagner Renters can't always plug in a BEV to charge; Many people just refuse to drive a BEV be cause of cost, battery degradation, maintenance issues, or they think (falsely) that the global warming crisis is a "hoax". Many PHEV have a self-charge mode, say for renters or people to far from a charging station.
@@jabbathespud Thinking about it, the most “remote” I’ve been in the US was driving across central Nevada. Rachel (near Area 51) has a gas station. It’s about 100 miles in either direction to Caliente or Tonopah, which both have gas and populations over a thousand. One could easily drive from Caliente to Tonopah on a full EV charge. Outside of Alaska, this is about as remote as things get in the US.
The problem with coal is that it is expensive and for the most part, Not dispatchable. To really be considered to be dispatchable, a plant must be started in tens of minutes or less, not 24 hours as is the case with coal. Nuclear is even less dispatchable and even more expensive. Base supply is supposed to be the cheapest power but coal and nukes are now the most expensive.
China has 5200 gwh of installed coal capacity.
+250 gwh of solar/battery is good. But it is only +50 gwh of reliable electricity. 1% of their demand, or less
Beware,the Loonies like this guy believe Chinas Lies. And they don’t like Facts.
I don't think your figures are up to date. China is moving so fast that their targets for 2060 have already been reached.
I’m staggered that China is still granting permission for any coal power stations. Nothing to be proud of at all. You’re right that price is the key issue for selling EVs. That’s why virtually no private buyers in the UK will touch them, despite the absence of car tax and congestion charge - £12.50 / day in London. The EV market in the UK is totally artificial and costing tax payers a fortune because of massive tax reliefs for employers and employees not being taxed for benefit in kind for company cars. Now manufacturers are delaying the transfer of ICE cars to buyers by putting them in compounds / fields until the New Year so as to avoid being fined for not meeting their targets. Yes, if prices come down things might change but for now our EV market is totally dependent on HUGE government subsidies. What a mess!
because other sources still cannot fulfill the increase of electricity demand yet, so just build as many as renewable but if it cannot it will still build gas/coal to fill the gap
So solar is a function of batteries . Currently, there is no "Gen Zero" battery product like EVs, but we are getting close. Just like the Gen Zero EV is one that is priced the same or less than an ICE car but has the equivalent capability, so gen zero battery is one where the energy function of a battery is the same as a barrel of oil but for same or lower price.
WE ARE GETTING THERE
I really like the channel. All the news about EV's and renewable energy is very interesting, will have profound impacts on just about everything in the next few years, and I feel is generally not being reported by most media. Here is a question for you. I live in the USA. Bought my first EV recently, a model 3 high performance, absolutely love it. Now, I want to add solar to my home. But now I wonder if it will be worth it. With the proliferation of solar and renewables and now mega packs being installed everywhere, you have claimed and I agree, that the price of electricity should plummet in a relatively short timeframe. Would an inventment in solar for my home pay for itself given that the price of electricity should plummet and that normally solar for your home needs many years to pay for itself? What is your opinion.
Though future electric costs definitely affect ROI, another aspect is the cost of the installation. Solar panels and the balance of system is between 33 and 40% of the total cost of a system installed in the US. The rest of the cost is labor, insurance, bennies for the workers, etc. For the few who are capable of installing their own solar, the economics are far better.
The cost of maintenance will fall dramatically compared to coal or nuclear power
@ 0:23 One Terawatt is WRONG information. China has added 160 MW in first 3 quarters of 2024 as it is shown in the video. 1TW is the CUMULATIVE solar capacity of China.
Is this average over a year, or is it peak, mid day, in summer?
I think you are way the figure you quote of 160 must be GW.
Considering that China's energy needs are an estimated 17 GW (based on 2024 energy consumption and a 50% capacity factor) there is still a very long way to go.
The direction is clear though.
As above I think it must be TW in this case.
I can see in official Chinese sources that they built 1,5 GW of nuclear in 2023 and will open another 1.5 GW in 2024. I am unsure why the author says 5 nuclear power plants were opened in 2024.
As solar gets bigger the deadly duck curve gets bigger.
Demand drop for thermal electricity from coal and nuclear is a daily death in their economics.
Disruption in progress
Weird that the Wikipedia number is wrong. The first grain of rice is an odd number one the second grain of Rice is an even number of two doubling even numbers will get you more even numbers as the last digit forever. So the last number they have on Wikipedia is a five.
Nuclear works 8500 hours a year on max capacity solar only 1000 hours or less. There are some wrong assumptions. Which doesnt mean that its s huge increase of solar Power.
The meaning of max capacity is very different from solar to nuclear. Solar is obviously designed to run during the day, which is why you build 2x what you need and store the excess capacity in batteries for nighttime. That’s the whole point of solar.
@John-p7i5g its not even twice, to compare it with nuclear you need to build six times
@@tinogruchmann Twice is enough. And with wind in high wind areas probably less so. Hinkley point is costing nearly 100Billion australian for 3.2 GW, while Dogger Bank wind farm is costing 20 Billion for 3.6GW. So five times less money for about the same generation. And it's already producing whereas Hinkley produces nothing. But comparing the two are apples and oranges. They require different systems.
@@John-p7i5g maybe its working in Australia, in Germany definitly not.
@@tinogruchmann Wind would probably work better than solar, though solar can still work in a cloudy country like Germany.
The other thing is getting interconnectors with southern European countries like Spain, Greece and Italy that do have good solar.
Meanwhile in the UK the solar capacity is 17GW and on 20th Dec at 1 oclock in the afternoon - the actual generation of solar is a pitiful 0.77GW that's 1.9% of demand If the sun doesn't shine nothing is produced. Wind generation is good today 20GW out of 22GW capacity - last week this was less than 3GW with no sun and no wind. Fossil fuels are alway going to be needed when green production is so variable
Naah, you can stabilize the grid with batteries and nuclear on top of renewables. Here in Spain is already 62% renewables, 84% zero emissions, the rest is Gas mostly and 1.1% coal. It can be done, I guess each countries require a different energy mix, but We can clearly get rid of fossil fuels from our electricity production.
sorry to say you might be right
Spain is very different to UK.
Whilst correct that solar does b-all in winter, and may be a negative investment as it detracts from wind / hydro etc. His view is not, I believe, correct.
Norway has massive hydro capacity, we can balance our excess wind against this with more interconnection.
We need more battery and hydro.
We still need a lot more wind, hydro, tidal generation.
Variable pricing will do a lot for reducing the peaks.
I'm in the UK we had 2 days of winter sun where I was got grey in the afternoon but that doesn't matter to me
There's always wind due to us being an Island, Modern turbines turn at as low speed as 8mph
I have a solar battery install it's undersized for my needs due to only being able to use one side of the roof but it still provides 75% of my energy over 12 months
You can run a house on an EV battery for a week if your careful so this we will always need fossil is not true especially with battery prices falling so quickly your talking 5 years.
Thorium nuclear for base loads. And pumped hydro for storage. And gas peaker plants.
A chessboard has 64 squares. I don't understand where the 68 squares is coming from. Perhaps what you mean is 2^63rd + 1.
2 raised to the 64th power is 18,446,744,073,709,551,616. If you have one grain of rice on the first square, then 2 raised to the 63rd power + 1 would be 9,223,372,036,854,775,809.
This is an old story. Supposedly a chess master agreed to play a ruler in India thousands of years ago, and the agreement was that if he won he would be given 2 raised to the 63rd power + 1 grains of rice. He won, and it was determined that there wasn't enough rice in the entire kingdom to pay him.
Tony Seba..... Rethink X
8x8 squares on a chess board
Big big thing in China unlike Europe or America no gas stations on every corner.
and
Personal transportation is 60% EV
Even China homes hot water is solar powered.
China cannot afford to build Coal Gas Nuke plants due to 25-30yr life span of those power plants.
Solar is plug n play with expendable battery backup which is improving batter tec and cost daily.
I lived and worked at Hohhot with a coal power plant in the center of the city. Un believable dirty and Coal dust everywhere every morning teams of workers wiping off walls stares doors hand rails. You never touch your face or worse eyes with your hands or you go blind. Coal dust in my lugs I coughed for 2 months coming back to the US.
$65 per kWh seems a bit expensive lol. Did you mean MWh?
Solar peak capacity is not equivalent to Nuclear or coal, an equivalent needs to included the capacity factor, which is very low for Solar.
That was for storage.
ie, equivalent to less than $2,000 for a 20kw home storage.
I got a quote of $10,000 for 10 kwh battery storage system. Ouch
@@MbeyaIsHome i guess home systems are always going to be 2 or 3 times grid costs.
In fact you can already get LFP batteries for £160 kWh
The Electric Viking would have more credibility if he compared like with like. 1GW of nuclear is worth about 8GW once you take capacity factor and storage losses into account
Solar is only good for 5 hrs per day. At best. It can play a factor in the energy grid. Maybe 20% or more
@@MbeyaIsHome 24 hours/day; 5h/daylight; usage hours = ? (varies); batteries extend availability ? (will vary tremendously)
Australia should make hydrogen at noon and sell it to Europe. We need it.
What do you know about the global south? What is India doing, do they use solar? Africa? Brazil?
You should not waste time with Hydrogen, we need green Hydrogen for make fertilizer (we use coal and gas to make it now) but it has no other use.
India and Brazil are installing large amounts of solar but I don't have the figures.
The chess board is 64 squares
64 squares on a chess board... not 68. Oops!
Building a Coal fire plant a week until 2030 in China adding to 1161 plants they have. Canada's coal exports are up 300%.Australia is up to $163 billion. World coal usage is up to record 8.7 billion tonnes. Are you being payed by China?
Gudday mate will u please tell me Nissans credit rating since they joined the monstrosity ev manufacture HONDA TEHEHE
Look forward to seeing these videos in 2032-2035 where China’s shutting down its last coal and gas plant, as the U.S. does as well, and global EV sales are reaching 70%.
China built the equivalent of around two new coal power plants per week in 2022, with 106 gigawatts of new coal power projects permitted, which is considered a significant increase compared to previous years; this translates to roughly 50 gigawatts of coal power capacity starting construction in that year alone. Think they just going to shut them down?
in the northern hemisphere above about 35 degrees latitude for 6 winter months when we need power solar works at full power about 6% of the time. Batteries are short term power. Where will the other 94% of power come from. Solar is intermittent, in short winter days, weak low angle winter sun, intermittency and unreliable, requires immediate firm power back for every kw of solar that drops out behind every cloudy day, etc. It won't work. In December solar is down to about 3% or less. There is no power to recharge batteries never mind power the grid. Billions wasted in solar and batteries.
Wind too
EV in Norway will not work, but they drive them anyway.
buy silver.
Nice shilling Sam................
Your comparation of nuclear and solar energy is nonsense. Nuclear power stations can deliver its power almost non-stop. But solar power station only during the day, not in the night. I think there are nights in China too. 😁😁 And of course, in the winter or cold weather solar power stations deliver only 10 % of its power in peak (instalation power). Another thing - even during the optimal day solar power stations deliver less energy in the morning and in the evening.
It would be a good idea to compute, how many percent of instalation power delivers average solar power station in 1 year. I am awaiting it from you. 😀 Percentage of wind turbines is about 30 - 40 % in optimal conditions.
I have asked Chat GPT 😀😀 and this is an answer. 1 kW of instalation power of solar power station can yearly produce about 1000 kWh. In countries like Saudi Arabia it can be even 1700 kWh.
But 1 year has 8760 hours. It means, that 1 kWh of instalation power in nuclear power station can produce at least 8 000 kWh. It means that power station can deliver 5-8 times more electric power from 1 kW than solar power station.
Yes - but 84 % of all coal and gas developments currently in process are China and India... see my comment below... much as I like you Viking your analysis is incorrect... yes there is a shift but see my prior comment...
Maybe, you're forgetting that Musk is on record saying that 300 TWh of storage will be required by 2050 (in a fully electrified grid). So, we only have 298 TWh to go. Averaged out over 25 years we will need to add around 12 TWh of new storage capacity each year in a long build out until 2050 in order to correct the current reckless course that we are on.
Note: This is a generous take on the data. Storage currently lags generation by a long way.
72 TWh capacity would cover the world's annual expenditure, and you'd only need a fraction of that if the grid is mix nuclear, wind and solar
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