In last week’s energy auction, Chile accepted a bid from Spanish developer Solarpack Corp. Tecnologica for 120 megawatts of solar at the stunning price of $29.10 per megawatt-hour (2.91 cents per kilowatt-hour or kwh). This beats the 2.99 cents/kwh bid Dubai received recently for 800 megawatts. For context, the average residential price for electricity in the United States is 12 cents per kilowatt-hour.
Chile is aided by the fact that its Atacama desert is “the region with the highest solar radiation on the planet,” according to the Inter-American Development Bank. So much solar is being built in the high-altitude desert that Northern Chile can’t use it all, and the government is rushing to build new transmission lines.
https://thinkprogress.org/solar-delivers-cheapest-electricity-ever-anywhere-by-any-technology-c2ef759ac33f#.g8ylvvet9
Sister blog of Physicists of the Caribbean in which I babble about non-astronomy stuff, because everyone needs a hobby
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Review : Religion And The Decline Of Magic (III)
Welcome to the third part of a four-part trilogy examining Keith Thomas' Religion And The Decline of Magic . In part one I looked at ho...
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I've noticed that some people care deeply about the truth, but come up with batshit crazy statements. And I've caught myself rationa...
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Where Americans think Ukraine is These are the guesses of 2066 Americans as to where Ukraine is. Only 1 in 6 were correct. Presumably the...
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Hmmm. [The comments below include a prime example of someone claiming they're interested in truth but just want higher standard, where...
http://www.projectrho.com/public_html/rocket/stellarempire.php#id--Other_Thoughts--On_Energy
ReplyDeleteThe bottom line in Homer-Dixon’s theory is this: Everything that Americans understand as "wealth" under the current paradigm comes from oil.
Which makes me think that the wealthy
(whose wealth is based on oil) are going to be hostile to anything that devalues oil.