Article

2022-02-24 Economy

LG Electronics Shutters Alabama Solar Factory Amid ‘Rising Commodity Costs’

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Posted by Skidmark 2022-02-24 00:00|| || Front Page|| [5 views ] Top

#1 A proposed major school building program in my district has come to a halt even before plans have been drawn up, due to this same issue. However, the taxes to pay for this are still being levied.

Posted by Bubba Lover of the Faeries8843 2022-02-24 00:07|| 2022-02-24 00:07|| Front Page Top

#2 Same thing in Hawaii...originally 300 solar plants existed in 2015....only 98 left last time I checked.

Posted by crazyhorse 2022-02-24 01:28|| 2022-02-24 01:28|| Front Page Top

#3 Solar Power was oversold as a home electrical solution.

The MTBF and actual costs (without Federal/State $$$$) meant there was never really a viable ROI.

But a lot of Politicians, friends, and family raked in the $$$$$.

Posted by nn2n1 2022-02-24 09:42|| 2022-02-24 09:42|| Front Page Top

#4 ^^^ I'm beginning to think the same thing. We've been at this solar power thing for 50 years now, and it seems still to be unviable.

The sun is, after all, 93 million miles away. Maybe its energy and power just disperses too much to provide effective and efficient power to the earth, aside from what it does naturally every day.

Posted by Tom 2022-02-24 10:18|| 2022-02-24 10:18|| Front Page Top

#5 Solar thermal have interesting niche uses: solar water heaters, solar chimneys for passive cooling, glass windows facing the winter sun and other passive improvements. Solar electricity, not so useful...

Posted by magpie 2022-02-24 13:18|| 2022-02-24 13:18|| Front Page Top

#6 Bare solar cells aren’t that expensive. The real problem is the M&S involved in getting them installed on the roof and integrated into the electrical system, especially if batteries are involved.

Posted by KBK 2022-02-24 14:12|| 2022-02-24 14:12|| Front Page Top

#7 How much of this is the CCP making production outside China uneconomical by throttling necessary parts/materials exports?

Posted by magpie 2022-02-24 18:11|| 2022-02-24 18:11|| Front Page Top

#8 a large part is also the utility companies resisting full credit for solar power fed back into their system. If you are only looking at solar for disaster/battery backup, cool. But you'll never recover your costs if the local utility doesn't buy back your supply during sunny hours. They still have to keep capacity during weak solar/wind hours, like.....night?

Posted by Frank G 2022-02-24 20:30|| 2022-02-24 20:30|| Front Page Top

#9 If the point is disaster resilience, then everyday payout isn’t the point. The question how much is the insurance worth when the hackers or the Texas winter storm/tornado/hurricane break the power grid?

Posted by trailing wife 2022-02-24 22:11|| 2022-02-24 22:11|| Front Page Top

#10 Texas winter storm/tornado/hurricane break the power grid?

Texas storms cover them with ice or snow that lasts for days.

Posted by Skidmark 2022-02-24 23:31|| 2022-02-24 23:31|| Front Page Top

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