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Live and Learn

(12,769 posts)
Mon Jun 9, 2014, 02:11 AM Jun 2014

How Solar Will Destroy The Power Companies, In 5 Easy Steps

Business Insider
By Rob Wile 10 hours ago
http://finance.yahoo.com/news/solar-destroy-power-companies-5-194826472.html

Barclays recently downgraded the entire U.S. electric utilities sector to "underweight" on the threat posed by widespread adoption of solar-storage. These systems allow homeowners to use rooftop solar panels and a battery to cut all but the figurative emergency backup cord to their local electric grid, putting a severe strain on an industry that has been a defacto monopoly.

<snip>

1) Solar prices come down
For the past few years, we have been quietly living through a stunning drop in prices thanks to an unintended loop of massive European subsidies and capacity overexpansion in China. As a result, from 2006 to 2013, photovoltaic panel prices dropped nearly 70%.

<snip>

2) The defection spiral commences
Once the prices for everything get cheap enough, homeowners begin to leave the grid.

<snip>

3) Utilities flail around in their state capitols seeking relief
We've already seen this in Arizona, where the state's electric utility has spent more than $3 million on a campaign to discourage solar adoption in the state. California utilities also won new surcharges, and SolarCity recently charged them with slow-walking grid connections. Neither will prove more than speedbumps in the long-run, Barclays said. "W hile they may slow the penetration of solar, any relief they offer utilities is likely to be short lived. In Arizona, the fee increases the cost of a rooftop solar installation about 5%. With the costs of solar installations falling about 10% per year, we expect the pace of installations to recover before the end of 2014. While we need more months of data to confirm our view, this may prove to be an example of how quickly the technological/cost curve can overtake regulatory responses."

21 replies = new reply since forum marked as read
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How Solar Will Destroy The Power Companies, In 5 Easy Steps (Original Post) Live and Learn Jun 2014 OP
Kick.... daleanime Jun 2014 #1
Kicked and recommended. Uncle Joe Jun 2014 #2
You are very welcome. I can't wait to get off the grid myself. nt Live and Learn Jun 2014 #3
National security will greatly be improved Uncle Joe Jun 2014 #5
I have solar panels for my house... Javaman Jun 2014 #8
electric companies want to deny you access to the grid klyon Jun 2014 #9
okay then. Javaman Jun 2014 #10
No solar yet klyon Jun 2014 #11
oh okay, yeah, that happened in Oklahoma. it was a koch brothers sponsored and lobbied bill. nt Javaman Jun 2014 #14
Your post contains a lot of good information truedelphi Jun 2014 #15
Javaman is right, utility companies are already limiting how much electricirty Live and Learn Jun 2014 #13
This can't be happening nikto Jun 2014 #4
About time! Helen Borg Jun 2014 #6
Keep in mind this is all happening after President Obama Jesus Malverde Jun 2014 #7
I want these to be everywhere. redqueen Jun 2014 #12
Germany is a model of how this will go, to a large point. nadinbrzezinski Jun 2014 #16
I recently flew over Germany... SomethingFishy Jun 2014 #18
Twenty five years ago nadinbrzezinski Jun 2014 #21
Panels? Nah. Try conductive graphene paint ! karadax Jun 2014 #17
That is very cool.... SomethingFishy Jun 2014 #19
Very cool. Imagine what we could do if we really invested in Live and Learn Jun 2014 #20

Uncle Joe

(58,349 posts)
5. National security will greatly be improved
Mon Jun 9, 2014, 02:56 AM
Jun 2014

as more people get off the grid, not to mention the environment.

Javaman

(62,517 posts)
8. I have solar panels for my house...
Mon Jun 9, 2014, 11:33 AM
Jun 2014

if you want to pay a huge amount of money, yes, you can get off the grid, but that means you will have to maintain the batteries yourself. Not as easy as it sounds. But if you are up for it, go for it.

Generally speaking, getting solar panels that are tied into the grid cost about half of what it costs to "go off the grid"

I have panels that are tied into the grid. I haven't paid a dime for my electricity for almost 2 years now.

what I don't use, goes back into the system and is used by my immediate neighbors.

klyon

(1,697 posts)
9. electric companies want to deny you access to the grid
Mon Jun 9, 2014, 12:10 PM
Jun 2014

they want to sell not buy
Their investment in dirty technologies will crash if everyone goes clean/renewable. They have a lot invested and need to pay for that nuclear reactor and that coal fired smoke stack. They need to refinance, shut down the reactors and dirty burning stuff but they are fight us every step of the way. We need to stop them from changing the laws that require them to take your excess.

Javaman

(62,517 posts)
10. okay then.
Mon Jun 9, 2014, 12:12 PM
Jun 2014

I honestly have no idea what you are talking about.

give it another shot and perhaps I will see your point.

on edit: I think I see what you are saying. I have to ask you one simple question: do you have solar?

klyon

(1,697 posts)
11. No solar yet
Mon Jun 9, 2014, 05:16 PM
Jun 2014

I live in a medium-rise condo that is 40+ years old building and we are looking to retrofit and are finding that no one in the area has much help to give us.

The power companies want to slow solar and other renewables down because they have a huge investment in oil, gas, coal and nuclear power. When we all want to install wind, solar or hydrogen they see that as a threat to their business model. Sorry if I was not totally clear in my first response. Some states are now passing legislation that says that monopoly power companies don't have to buy your excess power, forcing home owners to maintain their own batteries and go off the grid.

truedelphi

(32,324 posts)
15. Your post contains a lot of good information
Mon Jun 9, 2014, 11:30 PM
Jun 2014

But the utility companies never really "paid for that" nuke plant. Rather the Fed government offered up monies for their R & D, and rate payers like you and me ended up reimbursing them for whatever putting the plants online cost them.

And of course, for decades now, the nuke industry has been relieved of any liability expenses should one of their plants ever Fukushima us into oblivion.

Live and Learn

(12,769 posts)
13. Javaman is right, utility companies are already limiting how much electricirty
Mon Jun 9, 2014, 11:21 PM
Jun 2014

they will buy back. I know going off the grid is prohibitively expensive right now but the point of the article is that it won't be in the not to distant future.

 

nikto

(3,284 posts)
4. This can't be happening
Mon Jun 9, 2014, 02:54 AM
Jun 2014

Everybody knows solar energy is just a dumb, "hippy-dippy" pipedream on acid that
will never amount to anything and will just waste taxpayers' money.

And we should all live in trees and play the flute, too.

Energy from the sun----Preposterous!!!!




















Jesus Malverde

(10,274 posts)
7. Keep in mind this is all happening after President Obama
Mon Jun 9, 2014, 05:28 AM
Jun 2014

Imposed tariffs on solar panels, to "punish" them for subsiding the solar industry in china.

He did this ostensively to protect the US solar industry.

SomethingFishy

(4,876 posts)
18. I recently flew over Germany...
Tue Jun 10, 2014, 12:56 AM
Jun 2014

and all the houses were "winking" at me. At first I didn't get it, than it hit me, every damn house has solar panels..

 

nadinbrzezinski

(154,021 posts)
21. Twenty five years ago
Tue Jun 10, 2014, 10:44 AM
Jun 2014

We decided to protect central production of energy. They decided to give distributive production a go.

Why we have massive even green developments, which are not effect free, even if some here like to live that fantasy. They have utilities in trouble and a few green large developments. There are places in the country where this German route is quite obvious, the Southwest....but what is Sempra energy to do?

There are places, like the NorthEast, where more centralized energy production makes sense, due to local weather patterns.

Truth be told, it is a basket to replace fossil fuels. But we have, at a policy level, decided to protect very large private utilities. The first step in my mind...is nationalizing those utilities and removing them from the for profit model at a policy level. Then we need a slew of changes and review of green sites where fraud seems to have happened, and prosecution if such is the case. Mind you, the speed these plants have been put in place, a small amount of fraud is quite likely in the overall picture. To pull numbers out of my behind, 10% is not that crazy once you start looking at energy companies. That number is just an educated guess by the way.

Also centralized power production is a strategic national defense blunder in my view. A few points of failure, and you can bring the economy to it's feet. See the great lights out we have had in the East and South west.

It would also allow us to do something no private company with a quarterly report will do if they can avoid it: underground lines. It is extremely expensive at the front end of it. Even if the savings are there, justifying the trillions to underground the wires ain't gonna happen.

karadax

(284 posts)
17. Panels? Nah. Try conductive graphene paint !
Mon Jun 9, 2014, 11:47 PM
Jun 2014
Graphene Paint

Houses could be painted with a new super-material that generates electricity from sunlight and can even change colour on request, following new research.

Scientists at the University of Manchester used wafers of graphene, the discovery of which won researchers a Nobel Prize, with thin layers of other materials to produce solar powered surfaces.

The resulting surfaces, which were paper thin and flexible, were able to absorb sunlight to produce electricity at a level that would rival existing solar panels.

These could be used to create a kind of “coat” on the outside of buildings to generate power needed to run appliances inside while also carrying other functions too, such as being able to change colour.

The researchers are now hoping to develop the technology further by producing a paint that can be put onto the outside of buildings.


The paint is probably 5-10 years off. I think this is a great way to continue the push into solar while reducing its significant carbon footprint during creation.

SomethingFishy

(4,876 posts)
19. That is very cool....
Tue Jun 10, 2014, 12:58 AM
Jun 2014

Thanks for the link.. The solutions are out there, we need to stop stifling innovation.

Live and Learn

(12,769 posts)
20. Very cool. Imagine what we could do if we really invested in
Tue Jun 10, 2014, 02:51 AM
Jun 2014

this as a country instead of things like "star Wars" or nuclear bombs.

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