Posts tagged ‘Postscript Owning’

Over-Stating Our Ability to Adopt Renewables

All those confident in our ability to ramp up things like wind and solar quickly should take a long look at T. Boone Pickens decision to virtually abandon billions of investment in wind.

One of the ways I think our potential to increase renewables is over-stated is that the government has begun lumping hydro power into wind, as in these charts.  They show "renewables" as about 9% of electricity production.   Increasing this to, say, 20% seems daunting but doable - after all, we are just doubling it.

But in fact, almost all of the 9% is hydro power, and that is not going to increase (in fact environmental presure is actually to destroy several hyrdo facilities to allow the rivers to run free).  This means that to get total renewables to 20%, other renewables like wind and solar will have to increase from about 1% to 12%, or a twelve fold increase.  This is much more daunting, especially since a raft of subsidies and incentives and programs have gotten us to just 1%.

Postscript: Owning a home in Phoenix with a big flat roof, there is no one in the world rooting for solar to be economic more than I am.  I have run the numbers recently, and taking advantage of all government subsidies, the investment has about an 8-10 year payback.  It's just not there yet.  Further, I worry that the current silicon/germanium IC technologies are dated and dead end.  I fear that buying solar now is like buying the last IBM mainframe before PCs came out.  I have a ton of confidence in the innovativeness of man, and believe that a real solar breakthrough will occur in the next 10 years.  Wind, on the other hand, is never going to work.  It is the ethanol of electricity production.