GregLocock
Automotive
- Apr 10, 2001
- 23,764
Our new government's follow up to
"For example, to achieve Australia’s emissions reduction target of 43% by 2030, it’s estimated that we will need to install about forty 7-megawatt wind turbines every month until 2030.
For solar, while Australia is a global leader in deployment, we still need to install more than 22,000 five hundred-watt panels every day – and 60 million by 2030."
So let's do the dismal task of putting some $ on this pie in the sky nonsense.
Wind turbines cost about $1.3million US ($2M AUD) per MW. Solar costs about $1/W.
So our eminent politician says that we need to spend 280*12*1.3 +11*200 million a year, about $6.6 billion (US) a year. but, we'll also be phasing out baseline powerstations, so we'll need storage as well. We also need power lines, lots of them. Generously assuming that'll only double the cost, $13B a year, about 1% of GDP. Every year. To make 0.0% difference in global CO2 emissions.
I give it until 2027.
Cheers
Greg Locock
New here? Try reading these, they might help FAQ731-376
"For example, to achieve Australia’s emissions reduction target of 43% by 2030, it’s estimated that we will need to install about forty 7-megawatt wind turbines every month until 2030.
For solar, while Australia is a global leader in deployment, we still need to install more than 22,000 five hundred-watt panels every day – and 60 million by 2030."
So let's do the dismal task of putting some $ on this pie in the sky nonsense.
Wind turbines cost about $1.3million US ($2M AUD) per MW. Solar costs about $1/W.
So our eminent politician says that we need to spend 280*12*1.3 +11*200 million a year, about $6.6 billion (US) a year. but, we'll also be phasing out baseline powerstations, so we'll need storage as well. We also need power lines, lots of them. Generously assuming that'll only double the cost, $13B a year, about 1% of GDP. Every year. To make 0.0% difference in global CO2 emissions.
I give it until 2027.
Cheers
Greg Locock
New here? Try reading these, they might help FAQ731-376