The Climate, Environment and Energy Thread

[LP]

Germany made the mistake of ambitious 'green' energy (solar) when the place doesn't have enough sunlight to capture and store energy. Solar is only achievable in countries like ours, parts of the US, Africa, S America and so on from what I've read by experts in the field.

Correct, as a grid replacement for base load energy production it's only viable in dry areas close to the equator.

There is also a crunch coming for these big large scale installations, it turns out the panels are aging much faster than predicted, who could have known that the corporates and executives would have oversold the performance and longevity, or undermined the manufacturing process with lower quality resources! :o While they will keep working for many years, it will be at reduced capacity, profits will be lower.

So what do the corporates do? Of course they slash the staffing levels, repairs and maintenance get it in the neck, which means the panels degrade in performance even faster!

btw., the very same is happening in wind as well, watch the big super-funds start to bail out as they realise that future liabilities are going to smash returns.

That's the tough thing about reality, it doesn't give a rats-ar5e about human opinions or politics.