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re: New Biden Coal Rules ‘The End of Coal as a Power Source’
Posted on 4/30/24 at 10:36 am to billjamin
Posted on 4/30/24 at 10:36 am to billjamin
I don’t believe you are an engineer or MBA finance guy.
It’s not $/MWH. The point is efficient capital allocation. Every investment should earn a rate of return. So if capital is used to build solar and wind energy that produces on average 23-30% of its rated capacity, then capital also needs to be used to build baseload units to meet demand for electricity.
The wind doesn’t always blow and the sun doesn’t always shine.
Unless you can explain how this is a good outcome, I’m done corresponding with you over TD PT.
It’s not $/MWH. The point is efficient capital allocation. Every investment should earn a rate of return. So if capital is used to build solar and wind energy that produces on average 23-30% of its rated capacity, then capital also needs to be used to build baseload units to meet demand for electricity.
The wind doesn’t always blow and the sun doesn’t always shine.
Unless you can explain how this is a good outcome, I’m done corresponding with you over TD PT.
1
Posted on 4/30/24 at 11:18 am to Deplorableinohio
quote:
I don’t believe you are an engineer or MBA finance guy.
I'm not too concerned what someone who works for a utility company thinks about me.
quote:
It’s not $/MWH.
Correct, but the inputs to figure that out will paint the picture you need to see.
quote:
that produces on average 23-30% of its rated capacity
You keep coming back to yield like it is THE answer when it's a part of the answer. Do the math, figure it out and the answer will be clear.
quote:
then capital also needs to be used to build baseload units to meet demand for electricity.
It should be used to build them all. Not just the ones you like because you're scared of the ones you don't understand.
This post was edited on 4/30/24 at 11:28 am
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