Britain Opens Its First Subsidy-Free Solar Power Farm (reuters.com)
AmiMoJo quotes Reuters: Britain's first solar power farm to operate without a government subsidy is due to open in eastern England on Tuesday, as a sharp fall in costs has made renewable energy much more economical. Britain needs to invest in new energy capacity to replace aging coal and nuclear plants that are due to close in the 2020s. But it is also trying to reduce subsidies on renewable power generation... The 10 megawatt (MW) solar farm, in Clayhill, Bedfordshire, can generate enough electricity to power around 2,500 homes and also has a 6 MW battery storage facility on site.
This is one of those products not yet ready for the mainstream. It therefore "can't survive without government subsidies.*"
*e.g. throw public money at it, and you will end with the public trillions in debt, the project will take longer than desired, and so much market INEFFICIENCY was added that you would have gotten the same results at the same time never subsidizing it to begin with.
I agree that subsidizing Hinckley Point C, already $2 Billion USD over budget and projected to be late, is a very bad idea
Usually these renewable reports are grossly exaggerated to make it seem like renewable is more capable than it really is. But this one is actually fairly accurate.
10 MW * 0.097 capacity factor = 970 kW
970 kW / 2500 homes = 388 Watts per home
Average UK home annual consumption is 3940 kWh
3940 kWh / 1 year = 450 Watts average consumption.
So their "homes powered" metric is fairly close to accurate (2150 homes would be exact). We'll go with the exact 450 Watts per home figure.
To put this in perspective, the proposed Hinkley C nuclear plant would have a 3.2 GW capacity. Using the 90% capacity factor for newer nuclear reactors, this would give an actual generation of 2.88 GW, or enough to power 6.4 million homes.
At a construction cost of 24.5 billion GBP (the UK has some of the most expensive nuclear in the world), this works out to 3828 GBP per home powered.
If you run the same calculation using the 70% capacity factor for the UK's older nuclear plants over the last 5 years, it works out to 2.24 GW. Enough to power 5 million homes at 4900 GBP per home powered.
Unfortunately none of the news reports on this new solar farm that I was able to find mention its cost. This site estimates a utility-scale solar installation in the UK costs about 1.1 GBP per Watt. That works out to 11 million GBP / 2150 homes = 5116 GBP per home powered. But it doesn't include the cost of the 6 MW battery.
Maybe, but it's still planning on 700+ new coal plants. Oh, and 60+ nuclear plants over the next 10 years, too... When you plan to build a massive number of power plants, a small cut can still be the "largest" in the world - but a drop in the bucket compared to what is actually happening (much like having a $100 billion deficit, and "cutting it" to only $95 billion).
Browsing at +1 - no ACs, I ignore their posts. So refreshing!
You should not uncritically believe the NY Times:
https://unearthed.greenpeace.o...
The real "Libtards" are the Libertarians!