The future of clean energy is bright indeed! 😎
The price of solar panels is going down. The price of batteries is going down. The price of EVs is going down. The price of induction stoves is going down. Economies of scale in action. ⚡️
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The future of clean energy is bright indeed! 😎
The price of solar panels is going down. The price of batteries is going down. The price of EVs is going down. The price of induction stoves is going down. Economies of scale in action. ⚡️
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The price of solar panels is going down. The price of batteries is going down. The price of EVs is going down. The price of induction stoves is going down. Economies of scale in action. ⚡️
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Importance of fossil fuels will not diminish in coming years. But the decreasing cost of installing solar panels, wind turbines & battery storage will ultimately shift electricity generation. EVs will be a major game changer. Just like 80% supply of solar panels and accessories are coming from China, EVs market will also be flooded with Chinese low priced vehicles varying from $10,000- 30,000 range.
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💨 wind production will sent electricity ⚡️ prices at German day-ahead-market to 0 Cent/kWh…for 6 full hours! The second time in less than 24h. Resulting in 7 full hours of 0 Cent/kWh. The best part: particular low CO2-emissions correlate with low prices. Even including tax and grid fees this will allow our Dynamic Pulse customers to save up to 60% while charging their cars, running their heatpumps or by simply charging their home batteries to have wind electricity available when prices rise again. If your systems are connected with heartbeat, optimization is fully automated and the performance of our Energy trader software is guaranteed. Our tarif „Dynamic Pulse“ has the lowest base fee in Germany and is also the only tariff guaranteeing performance of optimization. Source: 1KOMMA5° App. Jannik Schall Philip Münch Barbara Wittenberg
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Solar power in California is now so plentiful that on some sunny spring days, the price of electricity drops below zero. https://lnkd.in/eZM6gzgY
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With the electric takeover in full swing, global electricity grids are growing their capacity to meet the increasing demand from all these new vehicles. It's basically common knowledge these days that renewables are the most cost effective way of increasing an electrical grid so as the demand increases, the grid actually gets cleaner. Isn't that incredible that if you buy an electric vehicle today, it will actually have lower carbon emissions as it ages? That would be unthinkable just a few years ago.
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If you believe deeply in CO2 taxes then I’m sure you would agree that there should be no GST on electricity’s and probably electricity used for heating and cooking should be tax deductible. Maybe also explain why electricity costs continue to rise with all your renewables coming on line. Probably because solar , wind and tidal are all Additional power not Replacement power.
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Tired of fuel price hikes draining your wallet? Invest in solar panels and generate your own clean energy. Reduce your reliance on fossil fuels and save money in the long run! #GoSolar #EnergyIndependence #solarpower #solarsystem #solarpower #switchtosolar
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Overall good news, but we still have to aggressively electrify everything. EV sales are climbing and I predict in 10 years it will be difficult to buy or sell a gas-powered car in the US. The tipping point is coming because the planet and our future have no choice. "The bad news is that energy-related emissions rose in 2023. But the good news is that continued expansion of clean energy technologies meant that global energy-related emissions rose less strongly than in 2022, even as total energy demand growth accelerated." https://lnkd.in/gQskd2xb
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It's exciting to see progress in this direction, and it's heartening to know that Octopus Energy is also dedicated to achieving similar results. The concept of private battery owners contributing to grid balancing is innovative and holds great potential for a more sustainable energy future. With efforts like these, we're moving closer to a more efficient and resilient energy ecosystem; with companies like us at Ineco Energy increasing the volume of solar captured and transformed.
☀️ Transforming utilities | General Manager Australia at Kaluza | Energy transition optimist | LinkedIn Top Voice | Networker | Speaker | Dad ☀️ (Views are my own)
#Batteries have taken a huge leap forward in California this spring, soaking up #solar during the day and discharging it when it's needed in the evening. There are two main consequences of the duck curve: ➡️ Lots of solar being exported to the grid in the middle of the day reduces minimum grid demand to very low or even negative levels. ➡️ As the sun sets and generation from solar drops off, there is a steep evening ramp as the grid needs to kick in to meet the evening peak. Batteries have been setting various records in California this spring and are fixing both these issues. ✅ Afternoon charging is soaking up some of that solar, adding load so demand doesn't plunge to such low levels. ✅ Evening discharging is reducing the ramp rate required from other generation and also reducing the magnitude of the evening peak. The grid that originally coined the term "duck curve" is once again leading the world - in showing how to fix it. Let's see if the curve flattens further in 2025... Batteries will play an important role in the decarbonised grid of the future, but are yet to make significant inroads into the mix in most places. In Australia we have just over 2 GW of battery capacity, and they still represent only a small (but growing) fraction of the mix. With continued improvements in battery energy density and cost, as well as new chemistries, more and more batteries will be deployed to support the grid, whether as stationary storage or as EV batteries via V2X. We are just on the cusp of much more widespread adoption. Onwards and upwards! #energy #sustainability #renewables #energytransition
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Very good news for commercial fleet EV charging as this allows for overnight charging to begin earlier, thus enabling lower-cost and smaller capacity chargers, which in turn lowers the cost of charging. Flatter curves should ultimately also reduce utility T&D pricing in those peak price 4pm-9pm hours as grid demand becomes more democratic during the day. Hail BESS!
☀️ Transforming utilities | General Manager Australia at Kaluza | Energy transition optimist | LinkedIn Top Voice | Networker | Speaker | Dad ☀️ (Views are my own)
#Batteries have taken a huge leap forward in California this spring, soaking up #solar during the day and discharging it when it's needed in the evening. There are two main consequences of the duck curve: ➡️ Lots of solar being exported to the grid in the middle of the day reduces minimum grid demand to very low or even negative levels. ➡️ As the sun sets and generation from solar drops off, there is a steep evening ramp as the grid needs to kick in to meet the evening peak. Batteries have been setting various records in California this spring and are fixing both these issues. ✅ Afternoon charging is soaking up some of that solar, adding load so demand doesn't plunge to such low levels. ✅ Evening discharging is reducing the ramp rate required from other generation and also reducing the magnitude of the evening peak. The grid that originally coined the term "duck curve" is once again leading the world - in showing how to fix it. Let's see if the curve flattens further in 2025... Batteries will play an important role in the decarbonised grid of the future, but are yet to make significant inroads into the mix in most places. In Australia we have just over 2 GW of battery capacity, and they still represent only a small (but growing) fraction of the mix. With continued improvements in battery energy density and cost, as well as new chemistries, more and more batteries will be deployed to support the grid, whether as stationary storage or as EV batteries via V2X. We are just on the cusp of much more widespread adoption. Onwards and upwards! #energy #sustainability #renewables #energytransition
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CEO & Co-Founder at Fastbreak.ai
3moThe price of energy is going up. And with all this AI requiring cities worth of energy, I expect it to go way up. Meaning the ROI and justification for an individual homeowner to buy and install solar panels at their home will improve dramatically in the coming years.