Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Solar Energy Technology: Creativity & Subsidy Leading To Failure
#21
And in the ever profitable field of solar technology:

Quote:Chinese solar panel giant Suntech declared bankruptcy last week after it missed a $541 million payment to bondholders.

Suntech, once the world’s largest solar panel maker, previously received a $2.1 million tax credit from the Obama Administration to open a plant in Arizona. Now, the plant is closing and its 43 jobs are being terminated.

“Suntech's problem was the same problem facing the whole industry: Materials costs are going up, and solar panel prices are going down,” writes Tim Carney. “The diagnosis is easy: overproduction. The cause is obvious: oversubsidization.”

Beyond the Obama Administration’s $2.1 million tax credit, Suntech received a $1.5 million Arizona tax credit, along with another $500,000 from the city of Goodyear, AZ for job training.

According to the Wall Street Journal, China’s State Council plans to stop subsidizing unprofitable domestic solar panel companies and “indicated it would bar local governments from supporting struggling companies and allow the market to determine who survives.”

During his 2013 State of the Union Address, President Barack Obama said, “As long as countries like China keep going all in on clean energy, so must we.”

Whether Suntech’s demise will change Obama’s view remains to be seen.

“Maybe Suntech's collapse will cure Obama of his China envy,” says Carney, “and he will realize the solar race isn't worth the entry fee.”

What is most telling is Obama's previous quote that "As long as countries like China keep going all in on clean energy, so must we." Reminds me of this famous Ramirez cartoon. Just change 'European Socialism' to 'Eco-Mania', and...............................

After all, its someone else's money, right?

[Image: ISStoonclr1012.jpg.cms]

I wonder what Algore has to say about all this? And if his puss is shown with all the failed attempts at Green/AGW pie-in-the-sky, will this help to discredit him more?

[Image: al_gore_suntech_AP.jpg]
___________________________________________________________________________________________________
“Socialism always begins with a universal vision for the brotherhood of man and ends with people having to eat their own pets.”
Reply
#22
Fred, this should make everyone's day, provided those folks are all into solar energy above all else.

Sun may be our main energy source by 2050: IEA

Quote:Solar power could trump alternatives like fossil fuels, wind, hydro and nuclear to be the world's largest source of electricity by 2050, according to a prominent energy watchdog.

The International Energy Agency (IEA), which is best known for its monthly oil updates, published two reports on Monday detailing how greater use of solar energy could radically cut the need to use polluting carbon dioxide. The Paris-based agency said that if countries embraced solar energy, carbon dioxide emissions could be cut by more than 6 billion tons per year by 2050.

By the middle of the century, solar photovoltaic systems and solar thermal electricity combined could potentially have total capacity of 4,600 gigawatts, the IEA forecast. This compares to just 154 gigawatts in the early part of 2014.

My guess is that these geniuses are pegging their future speculation, based upon today's needs. Opps. S14

Of course, the one thing constantly overlooked about all this growth is the actual Coefficient of Efficiency of all those solar panels. Since achieving a 100% efficiency is not going to happen, my guess is that practically every square foot of open space would have to be alloted to solar panels. Just imagine the pollution effect, and dramatic deterioration to the environment. The Church of Environmentalism would be going into "Tilt" mode, from the contrasting commands hitting its receptors.

That would be fun to watch.
___________________________________________________________________________________________________
“Socialism always begins with a universal vision for the brotherhood of man and ends with people having to eat their own pets.”
Reply
#23
Solar panels are cool, but what about eclipses?
A new headache...
France's power grid operator Wrote:The passage of this shadow will considerably reduce photovoltaic power production

According to our calculations, the impact could be a drop in production of as much as 30,000 megawatts across Europe, ....

That is also the capacity equivalent of 30 nuclear reactors.
Reply
#24
All those solar panels on the ground are such a total waste of space. And what it does to the ecology is far more harmful than what it pays back. Its been clear to me, for years now, that the only viable way to make solar pay off is to use giant panels in space, and convert the energy into microwave, so as to beam it down to the earth's surface.

You could also locate huge sets of panel arrays in larger earth orbit, outside the geostationary point. Here's what I mean:

[Image: l5.gif]

Anywhere from the earth's geostationary outward, to the lunar orbital line would be very fruitful. These orbits would be slower than the earth's rotation speed, but that would not be a hinderence. Several microwave gathering stations in geostationary orbit could pick up the rays being beamed from the orbital arrays, and then relaying the microwaves to the earth. Now that would be highly profitable. All this pip-squeak earth malarkey is just that: malarkey.
___________________________________________________________________________________________________
“Socialism always begins with a universal vision for the brotherhood of man and ends with people having to eat their own pets.”
Reply
#25
(11-08-2014, 02:52 PM)Fredledingue Wrote:
France's power grid operator Wrote:The passage of this shadow will considerably reduce photovoltaic power production

Yeah, that the excuse they are trying to pass off in California as well.
"Democracy is the theory that the common people know what they want and deserve to get it good and hard."
-- Henry Mencken
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  Major discovery could someday use solar energy to turn water Aurora Moon 0 632 08-08-2008, 05:37 AM
Last Post: Aurora Moon
  Solar Cell Technology Breakthrough John L 15 3,969 12-23-2006, 04:03 PM
Last Post: John L

Forum Jump:


Users browsing this thread: 1 Guest(s)