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re: Op/Ed by U of CA Professor: Expect financial fallout when the fossil fuel bubble bursts

Posted on 4/16/24 at 2:00 pm to
Posted by AmishSamurai
Member since Feb 2020
2669 posts
Posted on 4/16/24 at 2:00 pm to
quote:

Whatever the most efficient generation process is for that location. 


Learn about EROI.

It's location independent.

The right answer is nuclear followed by oil, natural gas, coal ... and way down the list are wind, solar, etc.
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/16/24 at 3:53 pm to
quote:

Learn about EROI.

This changes over time with changes in technology. The return on investment for solar has changed enormously since the costs of panels has come down.
quote:

It's location independent.


So you think the return on investment for a hydroelectric dam isn't location dependent? You ever see them build a dam where there is no source of water?

You think Geothermal electrical generation return on investment doesn't depend on how accessible geothermal energy is?

Consider Iceland:

85% of the total primary energy supply in Iceland is derived from domestically produced renewable energy sources. Geothermal energy provided about 65% of primary energy in 2016, the share of hydropower was 20%

Do you really think that's not related to their location? You would force Iceland to be dependent on importing oil in order for them to have a positive return on investment for their energy sector?
quote:

...way down the list are wind, solar, etc.

Wrong. Those should be used when they are the most efficient. Having multiple ways of generating power is superior to being limited to one source.
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