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#rentseeking

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Continued thread

Aaargh batteries! Another fast moving target.

A domestic install cost is solidly in the $1000/kWhr range, but factory cell cost is now hitting $100/kWhr this year.

I'll run with $500/kWhr.

Generating capacity first.

For solar to match the annual output of our reference 1GW plant (ignoring time of generation for now) needs around 5 GW of install. (I'm basing that off my own rooftop install's performance over the last 5 years.) That 5GW of cells will yield around the 7000 GWhr of electricity over the course of a year, plus or minus a percentage for weather, location etc etc.

So $5B for generating capacity. On to dispatch.

Look, I'm going to run with the conventional wisdom here. When sizing a battery for overnight dispatch a solid working estimate is for storage that can support 4 hours of peak delivery. In our case that leaves us at 4 GWhrs.

(I'm juicing the numbers in favour of nuclear here. Recall that its availability factor was 80% of peak, so arguably I should go with a like for like of 3.2 GWhrs. Not going to though).

At $500 per kWhr that runs us $2B.

Grand total of $7B. 35% of our nuclear option.

Circling back to the start, the stand up build cost of our nuclear plant was $20B. But achievable real world best case is closer to $9B, which is now within a reasonable distance (not close exactly, that would be doing violence to the language, but they can at least see each other and wave).

To me, there are 2, say, clear tie breakers.

The first is that nuclear isn't being built in Australia, while renewables plus battery is. So we're comparing desktop possibility with realised constructed actual along with actually having the engineer/procure/construct skillset in place right now. That's a huge advantage.

The other is that renewables are built out, over time, but each individual unit has the potential at least to be generating right away.. A nuclear plant doesn't generate until it's done. Once the first solar panel or wind turbine is up and running, though, it's generating. So there is a year 1 benefit from renewables that you don't see with nuclear at all.

theguardian.com/australia-news

#auspol #nuclear #rentseeking

4/n

The Guardian · ‘No bigger rent-seeking parasite’ than nuclear industry, Matt Kean tells former Coalition colleagues in heated debateBy Lisa Cox

#UnpopularOpinion:

#ClassAction as a measure to deliver recourse against #Corporations is inherently #flawed, #unjust and cements the fact that "If the #penalty is a #fine, it's only #illegal for the #poor"!

In case you don't believe me that #ClassActions only exist to enrich #LawFirms and allow any #corporation to send out insultingly-low #cheques:

(Don't even get me started on the shitshow that is #iCloudLock which I hope the @EUCommission will #ban as it's *infringing on #ConsumerRights re: #property and causes thousands of tons of 100% avoidable #eWaste...)

#Rant#US#UScentrism
Replied in thread

@jackyan IMHO #ClownFlare should be banned as the "#CriminalEnterprise" it is due to them not only knowingly and willingfully hosting #Cybercrime, #Terrorism and #CSAM but also because they espechally refuse to act upon #AbuseReports even when outlining the very exact content that violates their #ToS.

It's not enough to #DropCloudflare, but #EndCloudflare and it's #valueRemoving #Rentseeking and #racketeering scheme type of business.

There is no legitimate reason to use #Cloudflare!

Landlords only listen to force and public shaming. After picketing at KP Market yesterday, #TenantUnions in #OxnardCA will boycott KP Market unless #landlord Byong Yu meets the tenants' demands for dignified housing conditions and stops illegal #Renoviction at 2341 Valley Street.

indybay.org/newsitems/2023/11/

IndybayTenants Fighting Eviction to Picket KP Market, Threatening Boycott : IndybayKP Market (2370 Telegraph Avenue)
Replied in thread

@JuliusGoat
This is their view of literally every employed human on the face of the Earth.
We just assumed they'd manage a more thorough job of displacing manual laborers before cracking creative pursuits.

The dream was that automating labor would free people to pursue what they enjoy. Turns out not when the owners of the automation hoard all the profits, and the efforts of non-owner-class now have increasingly diminished monetary value.
#AI
#Economics
#RentSeeking

“Policymaking in D.C. tends to favor the established folks with entrenched lobbyists. Such a situation can be unfavorable to the cell-based businesses looking to influence the rules that, depending on how they’re crafted, could spell doom or bloom for the cultivated-meat industry.”

Inside the Battle Between Big Ag and #LabGrownMeat by Andrew Zaleski

newrepublic.com/article/171709

The New RepublicInside the Battle Between Big Ag and Lab-Grown Meat Industry giants and cellular-meat upstarts are in a lobbying war over consumer labeling.