I've held green tech stocks in the past but never made a dime out of them. There was a pattern to them. First there'd be demand, then the factories in China will turn on and suddenly there's a glut so the price goes back down. Then the factories would shut off again and the cycle repeats. I wonder if that's still happening.
Are there any renewable energy companies manufacturing in the US? Seems like all are downstream of that, just providing installation and management. Actual energy security should include some meaningful domestic production.
The biggest difference now is that the tech and scale are here now. The prices are dropping like a rock for grid storage, thanks to China. Sodium-ion battery production is being ramped up.
I honestly think renewables will grow exponentially from now all fosil fuel is dead.
In the 2000s, when solar PV was still very expensive, Germany accounted for two-thirds of global installations, and so helped get the ball rolling on scaling up.
American oil companies: "It doesn't pay, oil prices are too low to make drilling worth while."
Donald Trump: "War, baby, war!" (Oil prices go up)
The rest of the world: "Renewables!"
Five or ten years from now, when renewables have largely replaced oil, gas and coal in most of the world, the US will be the only major country still using fossil fuels. And the rest of the world will be better off; the US, not so much.
There is a massive opportunity for the US in the next 5-10 years to take advantage of a Slow Adopter advantage by only now truly taking advantage of the technological and cost advances made in the past 5-10 years.
Now that the public has heard the term “Trillions” whether it relates to defense spending or company valuations, that term is now somewhat more meaningless for grand scale ideas. Couple that with rising energy costs and you have a potential public appetite for a massive push for renewable and storage of all kinds.
It is very funny that Nord Stream had to be sabotaged while all the Nord Stream money was wasted (Russia had a weak army while the pipeline was operational).
Now we are supposed to buy solar panels from China while the US is depicting China as the greatest threat, senate hearings demand usage of US bases in Asia without the approval of the host countries and the US started the Iran war to maintain a blockade to control both the EU and China.
I wonder if Bilderberg group member Radoslav Sikorski will be gloating on Twitter when secondary sanctions will be imposed on the EU if they import Chinese solar panels.
I think the Natural Gas producers in the US are missing a massive opportunity by not fully pushing Fuel Cell technology. The industry (Nat Gas) has two main issues, 1) Production ie fracking and 2) Emissions.
Fuel Cells take care of #2 completely and for #1 the argument is easily made that since you solve the emissions problem, you have to accept a certain amount of impact on any extraction of energy (lithium, etc). We however control the production within our borders (national/energy security) and are not pushing the messy extraction on third world countries (dealing with our own trash - similar to dealing with nuclear waste)
Bloom has done a good job of late and Watt Fuel Cell is another company I am keeping an eye on. I truly believe that this is a major path forward in the US as the infrastructure already exists and we are the best in the world at gas extraction.
Funny, physics and economics don't just behave the way we want. The reason we use liquid and gaseous fossil fuels is not a cultural quirk but a function of energy density and fungibility. Each barell of crude pumped from the ground is a natural battery storing energy from hundreds, maybe thousands of years of biosolar collection millions of years ago. Until something is cheaper at scale and of comparable density there is no economic alternative to hydrocarbons. Maybe massive nuclear investment or ocean thermal extraction will be away out. Oil is literally solar power comprrssed in carbon hydrogen bonds and stored for aeons.
After the 2022 energy crisis we renovated our house and moved fully electric. Heatpump, induction cooking, battery, etc...
It was already a easy financial case to be made, let alone the extra comfort. But now it's a no-brainer. I get €100 back every month now, while others around me pay up to €300 per month.
The way the Chinese manufacturers are scaling production of batteries is something to behold.
In 2022 I bought 20kWh + 10kW inverter + installation for €7500.
My buddy just ordered a 54kWh battery for €6500... And it's not slowing down, they're only gaining speed with the introduction of over cheaper materials like Sodium batteries.
The Chinese are the only reason I remain somewhat optimistic of our chances of combatting climate change.
the US didn’t just give up. they are actively resisting cheaper technologies (ie green power) because of incompatible ideologies that favour the status quo. the biggest threat here is that the US does absolutely nothing in fact worse, it doubles down out of ignorance, greed and stupidity
21 comments
[ 2.8 ms ] story [ 40.2 ms ] threadI honestly think renewables will grow exponentially from now all fosil fuel is dead.
And Germany.
In the 2000s, when solar PV was still very expensive, Germany accounted for two-thirds of global installations, and so helped get the ball rolling on scaling up.
American oil companies: "It doesn't pay, oil prices are too low to make drilling worth while."
Donald Trump: "War, baby, war!" (Oil prices go up)
The rest of the world: "Renewables!"
Five or ten years from now, when renewables have largely replaced oil, gas and coal in most of the world, the US will be the only major country still using fossil fuels. And the rest of the world will be better off; the US, not so much.
Now that the public has heard the term “Trillions” whether it relates to defense spending or company valuations, that term is now somewhat more meaningless for grand scale ideas. Couple that with rising energy costs and you have a potential public appetite for a massive push for renewable and storage of all kinds.
Now we are supposed to buy solar panels from China while the US is depicting China as the greatest threat, senate hearings demand usage of US bases in Asia without the approval of the host countries and the US started the Iran war to maintain a blockade to control both the EU and China.
I wonder if Bilderberg group member Radoslav Sikorski will be gloating on Twitter when secondary sanctions will be imposed on the EU if they import Chinese solar panels.
Bloom has done a good job of late and Watt Fuel Cell is another company I am keeping an eye on. I truly believe that this is a major path forward in the US as the infrastructure already exists and we are the best in the world at gas extraction.
It was already a easy financial case to be made, let alone the extra comfort. But now it's a no-brainer. I get €100 back every month now, while others around me pay up to €300 per month.
The way the Chinese manufacturers are scaling production of batteries is something to behold.
In 2022 I bought 20kWh + 10kW inverter + installation for €7500.
My buddy just ordered a 54kWh battery for €6500... And it's not slowing down, they're only gaining speed with the introduction of over cheaper materials like Sodium batteries.
The Chinese are the only reason I remain somewhat optimistic of our chances of combatting climate change.
Europe is too lazy, the US just gave up, really.
correction: they may have spent $450M: https://climatepower.us/news/new-report-oil-and-gas-industry...