INVESTOR warning: Many energy companies will go bankrupt

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INVESTOR warning: Many energy companies will go bankrupt
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The best solar company in Australia just installed my new solar system.

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#globalelectricity #v2g #solar #bankrupt #renewableenergy #evnews

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This is a "no-brainer". Years ago I was calculating the cost of solar/battery roof when it occurred to me that I wouldn't need a "PowerWall" if I had an EV with V - Grid/load.

voluntaryist
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Unfortunately in Aus bidirectional V2G chargers are $10k.
Hopefully it will become affordable one day,
But I’m also still wondering why home solar batteries prices haven’t gone down when lithium is so cheap now?

peted
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Chademo has supported this for years. The issue was the wall chargers don’t support it and the one that did was I think around £4000. This made it pointless from a cost benefit perspective. Hopefully that will change soon.

TheHughsie
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BVs, RTPV, and BOs, building owners are the new future of no CO2 emissions on the grid.

New heavy industrial customers can now connect to the grid.

Building and home owners can shade their hot rooftops with rooftop PV panels.

stephenbrickwood
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I hope they decide on a standard for the US. We could really use this now.

GNiessen
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In Australia, It would cost the same as the Nuclear Subs or $500 billion to install 10kw of Solar and give every house an EV that must be connected, when not in use. Seems like better national security as well.

KemBroVids
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Many of these power companies will be diversifying their markets into clean energy. I cannot see companies such as Xcel Energy going out of business when they still need to supply homes, businesses, industry and charging stations overnight. Even if they get out of "dirty" energy there is still a need to transmit energy from location to location as well as during weather events.

koryleach
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The catch 22 in this is the grid still has to be paid
At the moment 40 percent of power bills are for cost of the grid, if everyone's putting power back in who is paying ?
It might work out cheaper to disconnect from the grid and just run your own home from solar and batteries car etc

steveclancy
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Who is helping who in the near future? The viability of having a solar rooftop system, an electric car, and not relying on traditional utilities varies geographically. In many sunny countries, it is possible to generate all the necessary electricity through solar energy, rendering utility power redundant. Furthermore, with advancements like “Vehicle 2 Grid”, you can even contribute to the grid by selling surplus solar and battery power back to the utility company. This way, you not only reduce your reliance on traditional utilities but also help support the continued operation of these companies.

t-lm
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BV is a battery vehicle parked 23hrs every day and all night long.
Hello, hello 👋
BVs have OVERSIZED battery for the daily drive.

stephenbrickwood
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You are right. All that could work well. In Australia they will just increase the price of electricity as demand goes down to maintain profits. They are already doing that by inventing charges for services and just being there. Not to mention smart meters which change the price to fit the profit objective. Good to hear the chinese have thought it out.

roborobo
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One megapack is the equivalent of 150 BEV. We need grid-scale energy storage and power generation. Robotaxis will take over transportation, so there will be few private BEV. Perhaps the overage of robotaxis could be used in VTG outside of primary commuting hours.

mlhutche
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Battery storage is essential to the future, and EVs are a key source of this storage.
Not a lot of people realize the importance of EVs in BENEFITING the grid.

dennisd
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Grid tied solar seems to use the grid to stabilize voltage and frequency.
There are 3 parts to my power bill,
1. lines charge $0.6/day
2. Power charge $0.245/kwh
3. Power fed back $0.085/kwh
All NZ$ Flat rates.
The power supplier can adjust any of these 3 rates. They can also change tariffs to follow spot prices. The power company can change how they price their services as conditions change and supply contracts expire.

davidcroxton
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Now if I can just get the power company to inspect my roof so that the solar can be turned On !

johnnyjet.
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My house is aligned north south with a shallow pitch. Pretty carp tbh.

Dave-dm
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Install and commission solar PV farms in mid East snd transmit power westwards, making use of time difference

KGopidas
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Germany is a cautionary tale for 'alternative' energy. Some of the highest electric bills in the world, beautiful landscapes devastated by turbine blight- and I've never seen rationing like it.
It was 80F outside our hotel, our room facing the sun was nearly 90. The AC wasn't working so I called the front desk. They told me it was working, but was only allowed to be turned on in July and August, this was early September.

SteveLomas-kk
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Here in the US many of the solar installing companies are scam artists---locking homeowners into long term, expensive equipment lease deals that do not allow the homeowner to use the power generated on their building. The power is sent to the grid so the homeowner has a smaller monthly bill, but no control over the equipment. During a power failure there is no way to switch the system to personal use. Very frustrating!

pl-pspd
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Spot on.
Coops are common in the US power industry. They will become more important as their own capacity to produce electricity increases through this method.

sagecoach