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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (27916)1/17/2008 8:11:14 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 217588
 
nope, the sun will flame out tomorrow-g-



To: TobagoJack who wrote (27916)1/17/2008 8:22:42 PM
From: Maurice Winn  Respond to of 217588
 
TJ, Not only does solar [for example in the form of BP Solar] have a commercial future, it has also had a commercial past and its commercial present is good too.

Various panels will be best for various situations. I don't know which are best for what.

With oil up where it is, that makes a lot more situations economic for photovoltaics. Because oil won't fall below previous lows, photovoltaics which were worthwhile before, will still be worthwhile. Some which are marginal at $100 a barrel oil won't be economic when oil is back to $40 a barrel. But of course, like nuclear reactors, once they are built, they aren't turned off no matter what oil does in price.

So oil sellers have to not be too greedy too long or their market shares will dwindle and total NPV profits will dwindle too. Meaning keeping production constrained at $100 a barrel is ridiculous. All taps should be wide open [CO2 notwithstanding].

Mqurice

PS: 874



To: TobagoJack who wrote (27916)1/17/2008 8:32:42 PM
From: Moominoid  Read Replies (1) | Respond to of 217588
 

(1) does solar energy have any viable commercial future?
(2) if so, what solar panel technology has the best chance of making it?


1. Yes price per watt installed has been in steady declining due to learning curve and economies of scale effects. Climate policy that would price fossil fuels higher would only help more.

2. These guys claim very low costs:

guardian.co.uk

Until recently non-photovoltaic technologies had a big price advantage but maybe that's changed.



To: TobagoJack who wrote (27916)1/17/2008 8:51:04 PM
From: oldirtybastard  Read Replies (2) | Respond to of 217588
 
Didn't they sell it back to Ovshinsky and ENER for a big loss on their investment? So they must have an even better sputter technology...



To: TobagoJack who wrote (27916)1/17/2008 9:31:57 PM
From: elmatador  Read Replies (1) | Respond to of 217588
 
Solar energy future is where Sun light is plenty. Countries around the Equator in the torrid zone.
Others can only make a token effect.

Must e dirty cheap. We will buy by the container load to power BTS stations in Africa and Middle East.



To: TobagoJack who wrote (27916)1/17/2008 9:40:24 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 217588
 
TJ, How effective are all those rooftop units I saw in China ? There were a lot of them... for hot water ?

The Black Swan...

Not what you are thinking of I know... just curious.



To: TobagoJack who wrote (27916)1/17/2008 9:55:43 PM
From: microhoogle!  Read Replies (2) | Respond to of 217588
 
First Solar FSLR is expected to reach grid parity by 2012.



To: TobagoJack who wrote (27916)1/18/2008 3:17:15 AM
From: elmatador  Respond to of 217588
 
Bernanke Backs Calls for Quick Action endorses "substantive" rate cuts and congressional efforts for rapid economic stimulus. Critics say it's too little, too late.

Uhmmm! Mr. TJ Those Democrats will be screwed very well! Electorates will vote in droves to the heroes who salvaged the economy!!!!

Bernanke Backs Calls for Quick Action

Federal Reserve Chairman Ben Bernanke threw his support behind quick and temporary tax breaks, combined with the possibility of "substantive" rate cuts, in testimony before Congress. But he did little to reassure Wall Street the central bank has the wherewithal to steer the U.S. economy out of a possible recession.

Stocks sold off under waves of bad news, including a stunning $9.9 billion fourth-quarter loss posted by Merrill Lynch (MER) and a 25% drop in 2007 housing starts. The Dow Jones industrial average closed down 306.95 points, or 2.46%; the Standard & Poor's 500-stock index dropped 39.95 points, or 2.91%.

The Fed has already cut its short-term interest rate by a percentage point, to 4.25%, since September. Bernanke, testifying on Jan. 17 before the House Budget Committee, indicated the central bank will act faster and make deeper cuts, possibly lowering the federal funds rate by another half a percentage point at the board's next meeting Jan. 29-30. But many investors think it's too little, too late, and they are losing confidence that the U.S. can dodge a recession.

Economic Stimulus Needed ASAP
"I think that the markets are in panic mode, and there is the risk that sentiment becomes so bad that we effectively talk ourselves into recession," says Joseph LaVorgna, the chief U.S. economist for Global Markets Research.

If Congress wants to help the economy, Bernanke said, it needs to act quickly. He supported some proposals for investment tax credits or accelerated depreciation that will give an immediate boost to corporate or consumer spending without firing up inflation as the economy recovers. "Stimulus that comes too late will not help support economic activity in the near term, and it could be economically destabilizing if it comes at a time when growth is already improving," he testified.

A White House spokesman said President George W. Bush also supports some form of temporary relief, but was elusive on the details. Lawmakers are mulling over a stimulus package that would inject roughly $100 billion into the economy through a variety of tax breaks, rebates, extended unemployment benefits, temporary business expensing, or depreciation.

Admits Central Bank Erred
Bernanke's comments should help speed along legislation, said Senator Charles Schumer (D-N.Y.), chairman of the Joint Economic Committee, in a statement released after the hearings. "Chairman Bernanke's explicit endorsement of a stimulus package and his implicit judgment that extending Bush's tax cuts would not help create short-term economic stimulus…means that this could all [gel] shortly."

Bernanke now admits falling home prices, higher-than-expected energy costs, and a weak stock performance are expected to drag down U.S. growth this year. Consumer spending is falling, and the unemployment rate edged up by a "disappointing" 0.3 percentage points in December, to 5.0%, while new jobs declined. The Fed chairman acknowledged the central bank has "consistently underestimated" the impact of rising oil prices and other commodities on the U.S. economy.

One problem Bernanke may not be able to overcome: He lacks the swagger and devout following of his predecessor, Alan Greenspan. Combined with worse-than-expected earnings and economic data, the markets are having a tough time taking Bernanke at his word.

"He doesn't have the street cred yet," said David Wyss, chief economist of Standard & Poor's, which like BusinessWeek is owned by The McGraw-Hill Companies (MHP). "Bernanke is still saying he thinks the U.S. will escape recession; most people on the Street think we are already in one. Maybe nobody's sure Bernanke is wrong, but the markets think he is."

Kopecki is a correspondent in BusinessWeek's Washington bureau .



To: TobagoJack who wrote (27916)1/18/2008 5:46:29 PM
From: smolejv@gmx.net  Read Replies (3) | Respond to of 217588
 
HI Jay. Re solar power etc - do you seriously expect to get a serious answer here!?(David, have not read your answer, but what's the difference)

Why provoke MQ? To check he does not need CPR?

Gimme a break.