The Rise Of Solar Power
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- Опубліковано 20 вер 2019
- Solar power is on the rise. You can see the evidence on rooftops and in the desert, where utility-scale solar plants are popping up. The picture is not all rosy, but if the recent past is any indication, solar power is going to help lead the transition to a carbon-free future, and it might do it faster than we all expected.
Elon Musk and Tesla promised solar roof tiles in 2016, but the industry might not need an upgrade as its grown significantly with the solar panels currently available. You can see the evidence both on individual rooftops and in the utility-scale solar plants increasingly popping up in deserts across the country. In the United States, of all about 30% of the new power capacity added to the grid in 2018 was from solar.
But the picture is not all rosy. Solar power (and sunshine) is intermittent and the price of lithium ion batteries, one of the most popular current storage solutions, is still relatively high.
These are real problems that the industry needs to tackle if solar is going to reach its potential. However, if the recent past is any indication, solar power is going to help lead the transition to a carbon-free future, and it might do it faster than we all expected. Watch the video to learn more.
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The Rise Of Solar Power
Definitely felt like the video was over at 2:14... then, surprise! There’s another 12 minutes left!
That got me too.
The title should say Rise of China to get more views.
China's "super mirror power plant"
ua-cam.com/video/G3hy1OQW10s/v-deo.html
China Made An Artificial Star 6 Times Hotter Than The Sun ua-cam.com/video/oGE9MmG4zhk/v-deo.html
Source: China made an artificial star that's 6 times as hot as the sun, and it could be the future of energy businessinsider.com/china-east-experimental-advanced-superconducting-tokamak-nuclear-fusion-reactor-100-million-degrees-2018-12?IR=T.
condorX2 ... exactly what we need to usher in "true global warming" here on Earth, would be for us now, to create and install a bunch of artificial suns that generate 6 times more heat than the surface of the sun, that already produces and shines upon us more energy per second than we could ever need or use... Ah, "reason" and "practicality" are the only 2 friends I want to have in my life! And so, I ask you all... is logic our ally, or just pure insanity?...
GOD BLESS EVERYONE BLESS EVERYTHING ALWAYS AMEN
@@pereraddison932 You definitely aren't an engineer. I am not saying that to be mean. It's just that if you were, you'd see the flaw in your reasoning.
There is no "added" energy from concentrated solar. It simply directs the existing energy from the sun to a focal point so it can boil water. If the energy didn't reflect off the mirrors, it would be absorbed by the ground and radiated back into the atmosphere as longwave radiation. Reason and practicality are fine, but without education, you'll continue to be misguided and ignorant.
LOL
Are all CNBC videos now "The rise of.." or "The fall of...."
itsSaucyJohn they’re watching company man
No.
Sometimes it's "the rise and fall of"
Good one! LOL
I'm not complaining though
CNBC "the click bait narrative of..." and the "the click bait narrative of that."
It’s nice to see a video that is optimistic about the environment.
Climate change is basically a scare tactic. In the 1970's scientists said global cooling was a problem. It's alot more inflated than you think.
Well I don’t know about all that but I think videos like this are good because they are optimistic and don’t just say humans are a plague and that the world would be better with out us. Which could be true but we can still do good.
@@samuelwoods7832 nature always wins in the end. No matter what damage humans do, nature always reclaims everything. Just look at abandoned towns. Nature has already made alot of buildings rot away.
Adam Infinity Yah that’s true
A lot more caring people out there than you'd think. And there's also forums like this full of people who are just trying to do more solar with whatever's available. www.diysolarforum.com
India is one of the leading nations in the world in terms of solar energy production. India is 5th biggest solar energy producer by MWs. 2 out of first 5 largest solar plants are in India other than many other smaller ones.
Can you make a video about the rise of Niagara , we only hear about the falls.
Can you make a science video about how solar is the worst solution, instead of click bait narrative fictions?
D May tell that to people choosing to live off-grid that thrive off of affordable, reliable solar energy...not everyone can rely on large power plants
@D May worst solution how? in comparison to what? are we just pulling 'facts' out of our ass?
Just why?
lets add another 20 wind turbines above the falls to get more energy!
Remember to plant some trees too.
Absolutely. A good reminder.
yes too much space being used in open fields for solar panels.. these panels should be compelled by law for installation on high rise buildings instead to save space for plantations and trees!
DangerDave nah sorry the panels needs so much space to generate any meaningful power
@@andreaswickman1508 offshore solar is soon the be a reality, so you won't need land
@@fgsaramago Let's hope so. Tends to be a NIMBY deal though. The wealthy live close to the coasts and don't want to look at an ugly solar or wind farm. Can't blame them.
What's really remarkable is that this wind and solar growth is happening without a smart grid in place, with distributive storage, which will really help things along.
@fleetlordavtar If you want to compare solar panel waste (possibly recyclable) to the amount of waste and damage created by running this planet on fossil fuels then it is clear that your head is up your own butt. I have news for you: There is no 100% clean way to generate anything. Welcome to reality.
Solar panels are mostly glasses. Glasses are made of sands basically. They ARE not radioactive causing cancer and birth defects like your favorite nuclear wastes.
@@najibyarzerachic Please take care to reply to the person posting the comment, not to me. I am one level above, and will come down on you like a tonne of bricks if you keep doing that.
@@macioluko9484 True. After all, Nuclear waste is very limited in amounts, stored on site, sealed from the environment and can't negatively impact anything or anyone.
Meanwhile, defunct solar panels will likely end up in a landfill somewhere...
Remember, kids, uranium is only dangerous for a few ten thousand years. Mercury is toxic forever.
@@najibyarzerachic The panels contain cadmium. A panel gets a crack in it, it then rains, cadmium in our well water, agricultural land deemed unusable.
Solar power is the *most easy to maintain and to clean-up.*
Best form of electricity generation ever. No mechanical parts. No pollution. Cheap to maintain. We can be very happy to have solar power on our planet !
"Solar power is the most easy to maintain and to clean-up."
*Clouds reducing solar output to zero is clean up able. Snow and dust on panels is a maintenance requirement.*
"Best form of electricity generation ever."
*Solar is the most resource intensvie way to product energy. Farrari's are also the "best", but everyone using they to drive to work is just as stupid as solar electricty.*
*The only viable solution for the current and huge increases in electric needs from electric cars and desalinization is gen3+ nuclear. Most scientist agree, to deny gen3+ nuclear is the answer is to be a science denier.*
"Cheap to maintain."
*Sunset Solar, San Francisco $0.51/kWh. Topaz Solar Plant $0.41/kWh. Hydro/Nuclear/Natural Gas $0.05/kWh. There is NOTHING "cheap" about solar, it's the robber baron of electricity.*
Nuclear fusion is the way. Much better than this.
@@dmay3391 agree. nuclear is the only way forward.
@@TheHaters112 nuclear fusion hasn't been done efficiently yet
And don't forget a lot of the material (not all of it) is recyclable.
Cnbc just couldn't help themselves without a dig at elon musk.
Not even one minute in 😄
Cnbc sucks so negative against the future
Elon is next generation Trump he spouts a lot of bs
@@fredsanford3958 and keeps getting suckers to finance his operations.
@@thatsawrap5235 those suckers are up a 1000% and that's just the beginning
>BIG Solar
We need to stop BIG Solar from monopolizing the sun
A giant solar spill happened in Florida last month. Beaches were completely covered in photons and beachgoers played volleyball in it.
@@loungelizard836 This is the kind of stuff BIG Solar wants to hide from folks. Wake up sheeple. Support Hamster energy.
@@loungelizard836 Solar advocates like to pretend the absurdly high cost of solar driving up all other forms energy isn't detrimental to everyone. States like California that invest heavily in Solar have utilities cost 6x states that haven't. Solar is a fad. Solar is the worst solution.
Solar and wind, let's power our grid dependent on the weather.
@@dmay3391 Tell me a better solution, then
Hopefully solar panels get so much cheaper that everyone can afford to install on their homes and societies.
"Hopefully solar panels get so much cheaper"
*The only thing solar has going for it is people pretending it's more than it is. Pretending doesn't get you far in reality.*
Panels are lees than a dollar a watt.
Come with a 20 to 25 year warranty on production of power of 80% of rated power. Some states will let you finance it long term through a fee added to your property tax for a certain amount of time. This should make it affordable to almost everyone.
It's only cheaper now because it's being subsidized... if it isn't it would be extremely unaffordable
Fine
that’s the retail price before subsidies. FYI the largest subsidies in the USA is for fossil fuel production. This a multi billion dollar per day industry that receives the most government money than any other industry. Exxon Mobil CEO makes $400,000,000 a year in compensation and yet we pay them our hard earned tax money while they destroy our drinking water and the air we breathe. solar Currently gets incentives and like all incentives they are fading away and soon will be gone. Unlike the gas subsidies. Which is comparable to our federal law that requires Medicare and Medicaid to pay full retail for any medical procedure or prescription. We are the largest consumer in the world and the only ones paying retail.
If you are worried about government spending you should look to the military supply chain. 20% permanent tax cut for corporations. Permanent tax cuts for incomes of $250,000 and up while we rest of us got a temporary break with a soon to be increase with fewer deductions.
And your worried about less than 1% of government spending.
@@hvacmike1175 I never made any points supporting fossil fuels, but thanks for the unnecessary information. What I am saying is that solar is unviable compared not to fossil fuels but nuclear energy. Nuclear energy is the most economically viable for its efficiency as well as its reliability. It's as reliable as fossil fuels, but cleaner than solar(if looking at LCA, nuclear emits less carbon per kWh than PV solar). Solar also requires as said in the video, lithium-ion batteries. You should know that lithium-ion batteries aren't all that clean to produce either much like the solar panels. I agree that fossil fuels shouldn't be subsidized but I also don't believe that we should advocate for an energy source which requires governmemt subsidies to be affordable and economical. As for your military supply chain argument, I believe it's well justified that military contractors get a tax cut because they are in fact receiving government money. It is quite ironic to give money and then take it back, that just defeats the purpose.
Here in Victoria Australia, we sell the electricity generated during day back to the grid, so that other user can use it..
Better to add www.redflow.com
Yes but that won't work when everyone, or even a significant number of people are doing it
It’s called Net metering we do it’s done here in the United States as well
And yet even with all that supposed electricity going back into victorias grid, the state commonly suffers blackouts during summer...
Victorians can thank successive governments amd their ideological and irrational descisions for the states increasingly inadequate power grid.
Victorias new number plates should read;
*Victoria* *-* *the candle state*
This was informative and the interview clips were good. Ignore the negative comments.
I agree!
Oh, hello there, True Scotsman, haven't seen you in a while....
The Future is clean. I can't wait for it.
Quick sneaky dig at Tesla whenever an opportunity appears.
a998 well, as an upstate NYer they totally failed. They put a fancy plant in Buffalo that never made much of anything.
@@Frost517 thats because they framed him as insane and he 'embarrassed' himself by talking about his contact with alien life. So he went bankrupt abd they took any work done on it and destroyed anything left..... nikola tesla theory worked but he had no influence because the secrecy shut him down and lied like they did to alot of truthful people. Dont be fooled
@3ds max and thats why solar panels are useless.... fake internet trolls
Good.
@@Frost517
The issues they had with that plant are solved so they are scaling up at the start of next year.
thx 4 the video, very informative!
Fantastic content, it's nice to see competition lowering the cost in the electric market.
Well, this was very educational and shows a promising future.
Thanks for making this video!
This is an excellent video. Overall very positive but also addresses the challenges that renewable energy faces in the future. I realize the subject was solar power but I would like to see something more comprehensive that also addresses wind, ocean current, and biomass conversion. None the less, this was great to see.
Hawaii already over 30% alternative energy!
That's not very good I'm afraid
If alternatives were even remotely feasible then Hawaii would be 100% alternative. There is no location in the US more suited to alternatives, than Hawaii with low cooling costs and copious amounts of solar, geothermal and wave energy.
Maui runs about 70% renewable during the day (with normal winds).
@@cb2000a So the location most suited to renewable energy can only get to 70% during the day. Compare that to the City of Chicago with its 2.7 million inhabitants. For six months of the year there is no sunshine. A few hours of sun through the rest of the year. To produce enough wind energy would cover Lake Michigan completely. No geo thermal. As wonderful as alternatives are in theory most of the US is many decades away from a viable alternative source of energy to fossil fuels.
@@johannesswillery7855 It's crazy to just dump natural gas. It is the best, cheapest, and most reliable source of energy next to hydro.
Rise of good news
And fall of propoganda news
Thats what we need
And honest assessment of alternative capabilities.
This news chsnnel is fake news and a evil corporation.
all major news outlets are run by the government dont give them too much credit
You do realize, this is mostly a pro solar propaganda piece?
CNBC, marvelous video!😍
Interesting and Great documentary! There is a Need to go deeper in the next video.
Rock bottom solar prices and zero marginal costs are hammering the profits of the utilities. 200 MW is small for nuclear or coal, but big for solar. The whole market is changing.
Bernard Finucane 200 MW is really small for nuclear where just one reactor lies around 1000MW to 1400MW
@@andreaswickman1508 moot point. Nuclear is now at twice the price of natural gas and 4x the price of solar/wind
@Mr Penguin no means to store the energy? Water can be and is used as stored energy. Wind, hydro, wave all work day and night also. Only solar doesn't work during the night tough solar isn't the best for macro generation so it isn't much of a concern.
Nuclear needs massive amounts of water and water is becoming more and more of a finite resource. You'd have better luck burning natural gas than wasting huge amounts of water
Lastly, you can't produce nuclear energy to any realistic degree offshore as you can wind and solar. Nuclear plants for safety needs kilometers around them without major population center in what is basically idle land. Not practical
@Mr Penguin cost... and there is nothing in nuclear power plants that desalts water. It's just a party trick to sell nuclear in poor and dry regions. It's cheaper to simply build a facility to desalt water
You're the one advocating for nuclear and I'm the one behind?😂 I work on nuclear material research fyi
@Mr Penguin invalid? It does need to use huge amounts of fresh water. What you're talking about is desalinisation and then using it. Guess what, people need that desalinised water much more than nuclear power plants.
Also, I hate nuclear? What? So someone who readearches cancer has to like to get cancer? You don't make a lick of sense
And I do not research nuclear power, but rather nuclear materials. You realise theres much more to nuclear material than producing electricity
Fossil fuels get over 800 billion dollars in federal and State subsidies every year! If you tried to remove those the oil companies would scream and throw tantrums .
You have left out some vital information. When the nite comes Solar shuts off. If you install a extra system for storing energy the price triples and it takes additional thousands of dollars to produce the batteries and equipment to manufacture using fossil fuels, the rubber, the metal dug out of the earth, the lead batteries, mining, also the oil to produce the plastics,then there are the solar panels themselves. Did you forget this? How about the ships and tankers the spew oil and gas to ship to your country. the trucks to carry to your home. Solar isn't as easy cheap or practical as you assume. Reality just hit a brick wall. Yes, I love the solar idea but let's not pretend we don't need fossil fuels at all.
This is an awesome video, please keep it up CNBC, finally an optimistic future.
Zero carbon economy, let's make it happen! We owe it to ourselves, the future generations and the planet.
Good luck
No need for zero carbon lol, just a reduction. Agriculture is the easiest sector to change, nuclear for developing countries to supplant coal.
Ask an engineer if they think it's possible... Let me know when you find one that says it's economical, reliable or reasonable.
I'll wait...
Tanner Robinson Economical? You’re a clown
@@goosty17 your uneducated
When I see blockchain companies like PowerLedger, and stuff like this, I have hope.
Gujarat, state of India also doing well, but we get solar panels at chip prise and get 50 present subsidy
What a english
@@rajeshranjan5170 R.I.P English
@@akhripasta2670 than what
Solar energy power ,, panels project systems very nice interesting businesses thanks so videos ,,,,,🤟🏻🤟🏻
Very useful update on ongoing development of Solar Energy options and challenges that need to be addressed in the interests of global warming control. It is a must eye opener for those who feel responsible for future generations. Thanks a lot!
Out of nowhere,
Cnbc: let's take a dig at elon
Two of them actually, the solar roof, and the high price of the Power wall
You Cultists are toxic to Tesla. Did they say anything misleading or false?
Anupam Bansal Also, free advertising for Tesla Energy. 😉☺️👍💪🏼
mentioned coal 500 times, mentioned nuclear 0 times
Nice, very comprehensive.
Nice video as always + 9:10 view from Taksim square in Istanbul
I looked into installing solar panels on my house. I am a low volume user; my average use is approximately 350 kWh per month.
It would take me more than 25 years to recover the cost of the installation using a straight payback calculation. Using a Net Present Value calculation, which factors in opportunity costs, it would take me more than 80 years to recover the cost of the installation. And that is without any battery storage capacity. I am 80. There is no way that I could recover the cost of solar panels.
Contrary to what people are told by the promoters of solar power, the panels have to be cleaned periodically. Moreover, they are susceptible to wind and hail damage, which can result in costly repairs. Lastly, depending on which study you want to believe, the panels lose some of their generating capability over time. I have seen estimates of ½ to 1 percent a year over the estimated life of the panels, which appears to be around 20 to 25 years.
The cost of solar power, as well as wind power, does not include the cost of maintaining standby generation for when the wind does not blow and the sun does not shine. If I have to maintain a standby gas fired steam electric station, the cost should be factored into the cost of wind and solar power. It isn’t. Also, in Texas, to accommodate wind and solar, long-distance transmission lines have been built. The cost of these transmission lines has not been factored into the cost of wind and/or solar.
I support the move to a carbon free electric system. But people should be told the strengths and weaknesses of wind and solar power. They are not ready for stand alone prime time operation.
As an aside, I find it ironic that lots of folks are extolling the virtues of wind and solar as the way to a carbon free society while buying large pick-up trucks and SUVs. Somehow, that does not compute very well.
Paul Smith I’m not sure where your are from but my grandparents have a solar loan and the payment on the loan is cheaper than her energy bill before they got solar. And they have a 10 year loan so after that they get to use it for another 10 years without having to pay. They seen about 20 percent decrease. But this is in Long Island New York
It's really feel good have own electric production from solarcell even if it are some investments required. You know then that parts of the electrics come from the clean sun. ☀️☀️ I was installed 1kW solar at years 2013. Now I will install lot more, the costs have dropped a lot from 2013 I seen. Have an electric car, and bicycle a lots in my family (when we was buy electric bicycle all my yough was star bicycle 8-miles to our town also.
when did you looked into solar? two decades ago?
I look into them since a decade ago, and yes, I saw that the figures not quite add up, unless you are too far from the grid. But lately the cost lowered enough for solar to be feasible in most locations. I have seen reports from many users who installed five or six years ago, and who almost recovered the investment, so for two more decades they will have free electricity. Of course they got some incentives and live in a sunny place. If you live in a grim place, and no incentive, and the installers rips you off, sure, it is a bad deal to do solar now. Especially at 80. I am not 60 yet, and I am reluctant to buy anything new, because who comes after me will threw it out anyway, even is not worn out. But for solar is not just a matter of recovering the money. is a matter of keeping humanity alive. Sure, we will go away before the doom comes here, but what about the young ones?
And anyway, even figures seems not to add up for solar, they are good. Already at industrial level in sunny countries solar electricity is already cheaper than coal electricity. And since you mention factoring the costs, please remember that coal is subsidized too, and the biggest weakness is that is killing us.
Anyway, I wish you a long and healthy life, to catch the times when solar will be even cheaper, and can be profitable after one year. In two decades this will be true.
@@ehombane Last month!
Quick calculation shows the system you were offered likely cost $13k or more. Unless you live somewhere the Sun literally does not shine the cost of enough solar panels AND batteries for your house may be as low as $5k. Installation costs can of course be twice that. As for maintaining the system, how often do you wash your windows or take your car to a mechanic? Again, it's only expensive if you get someone else to do everything. If you feel up to buying a pressure washer and learning about batteries at your age it's just something to do on a slow afternoon. The batteries might need to be replaced in few years to a decade, but that is not as expensive as the whole system.
(Incidentally, the people who keep bringing up how wind farms and solar panels need maintenance that is supposedly not already calculated in their operating costs are oil lobbyists trying to lie to you that their own machines use unicorn magic and pixie dust and need no maintenance at all. Hint: This is not true.)
For that price you get zero electricity bill unless you do something above average like have lots of guests or need to heat or cool the house more due to bad weather. And panels losing about 1% of their output per year is not much of a concern unless you only got bare minimum number of panels and keep using more power; in 20-30 years you probably need to replace the roof those panels are on anyway, and can save by doing both at once.
So yeah, it's not something you would get the full benefits from, but for the average family home where people will live for decades, just lowering the electric bills by producing some of the power they need themselves would be a worthwhile investment.
Assuming, of course, they get the slightly more expensive but 4x more efficient panels, the affordable batteries, and moderately priced installation, instead of the crappy cheap panels, expensive batteries and overpriced installation.
Basic mistake, that.
As for needing standby plants, with modern prices it is better to just build more windmills, hydro and concentrated solar, as nowhere people would want to live has such weather that every windmill in the state has to shut down due to high winds and areas with regular week long 100% cloud cover would have trouble with agriculture so nobody sane would try to put a solar farm there either. A concentrated solar plant already stores enough heat for the night, but it could also use the surplus power during midday to make hydrogen, methane or even oil from air; in case a freak weather darkens the day these fuels can be burned to keep the heat up.
It is easier and better to build extra capacity in the existing power plants that can be held back, allowing continuous operation even when parts are shut down for maintenance, rather than a completely new plant that only operates few days each year yet costs more than every other solution.
Also, the grid needs transmission lines because unlike that PV panel you aren't going to build a nuclear or coal plant on your roof. It also needs energy storage because balancing the power supply requires adjusting things within seconds and it could take minutes to fire up another power plant. Anyone who claims renewables are to blame or that fossil fuels don't need and use the exact same systems is a lying liar who lies.
i have solar on my RV and 2 Tesla model S battery bricks - its Sweet
That's great, but is the RV motor electric? It probably gets about 8 MPG diesel right?
@@oregonsbragia The poor mpg is due to the poor drivetrain design. Most drivetrains aren't design for maximum efficiency and power. There are many mods that can be done to them.
My camper van had 1 solar panel, 1 inverter & a deep cycle battery. Less is more
Good idea 👍😍 future
Very good report.
Okay. Thanks for the information.
Gas and coal is the new smoking 🚭
Talk with your utility about going solar! There are huge credits and incentives.
Nicholas L or go nuclear, runs 24/7/365, is the safest energy producer in the world, takes up very little space compared to solar, hydro or wind.
That big solar field you saw in the video had a capacity of 300MW but real world conditions would bring it down closer to 200MW while a single nuclear plant can easily have four reactors running at 1400MW. Also just think of all the old panels you have to dispose of with all the huge solar fields using crappy panels that break often
@@andreaswickman1508 Lol. No agenda whatsoever huh? Haha.
New nuclear or anything else except wind and solar is economic suicide. Game over. Good riddance.
In the winter there is more darkness than day... Solar cant do it..
That's about the problem, yes. Solar does not work without state funded incentives....
TRUE!
Excellent, Sharing Through TheTRUTH Network... Thanks
Proud to be a Californian
Me too especially when we have the United States government trying to force us to pollute more. California's already polluted enough and they want us to allow cars to pollute even more? Not sure why the Republicans hate California so much
Thomas Republicans are protecting the profits of Big Oil
Republicans hate California because they don't provide any political clout to them; rather quite the opposite.
Thank good ness. It's about time we get our heads on straight. GO SOLAR
And pump it into a www.redflow.com.au
Don't.
Simply, you can't. The Sun is too far away, and stuff will get in the way.
CALM DOWN, it's coming with or without your stress.
This scale of solar will demand huge scale mining of rare metals. Remember panels have a limited life- 25 years max but often as low as 10. They are not easily recyclable, and contain known carcinogens. This means we will be left with a LOT of discarded junk in the coming years.
@@nebulaaah True, But old Solar
Panels are a heck of alot better than Spent Nuclear fuel rods, and toxic Ash from burning Coal in power plants. I''ll take the panels any day.
Tesla has a subscription model for solar with no commitment and no upfront cost just a low monthly payment for the electricity. Surprise CNBC didn't mention it since it cost nothing except the monthly subscription fee. everybody that owns a home in California and a few other states, not sure which ones, should look it up.
Unfortunately, that offer is only to end of Sep. The offer is also clear as mud. It's a shame, I know several who could use it if not for so much confusion.
Bingeing on Lorde content all day, this was actually recommended. Great job queen!
Thats really good news cnbc , thanks for informing us
If we have solar panels in deserts around the world we wouldn’t need any other power source because they are all over the world and one of them always sees sunlight
Green Couch Transmission costs are “zero” in this plan, right? (LOL)
scosprey I haven’t talked about the cost I just said that it would prevent needing a battery for electricity because it would always have sunlight
Again a video almost completely focused on PV panels.... Those are great for homes, farms, mobile homes, boats etc. and it is useful how they start producing power almost immediately after it gets light enough. But for grid level utility solutions concentrated power is just far better, mirrors are cheaper than PV panels and an utility company is not limited by the roof area of a single home or the budget of an ordinary person, so why wouldn't one buy few hundred square miles of desert and build a proper power plant? It will also store heat for hours or longer instead of needing batteries, so nights and the rare bad weather that blocks the sun won't be a problem.
When power goes out for over a month come back and say that again
@@jameswilsin5348 That is going to happen how? War or natural disaster wipes out your power grid or the power plants themselves? Doesn't matter what you use because having a PV panel on the roof of your home is not going to help that hospital or factory or food market whose freezers don't work when the grid itself can't distribute power.
Thick clouds block the Sun for weeks? We'll still have geothermal and nuclear power even if the unnatural weather calms the winds and freezes the rivers and oceans.
Either way anything that would actually cut power for so long would be a major catastrophe and needing a day or few to warm up the steam turbines after the situation is resolved and the Sun shines again is no different from how badly everything else would fare after a disruption like that. And obviously it is not going to have any problems in the 999999 out of million times a disaster like that is not happening.
So please tell us, how is that going to be a legitimate concern?
iirc the Ivanpah station near Las Vegas turned out to be less efficent than PV
@@pn2543 Was that the one built too small to keep the heat up all night? That's the problem with being in the experimental stage, we still haven't figured out all the problems.
And every solution has it's own hangups, want a solar/wind solution that is not bothered by minor issues like it being calm AND night? You just have to build a tower that is at least quarter mile high, preferably more, and a quarter mile in diameter.
Good news is that most of the related inventions have multiple uses. Someone comes up with a way to make super cheap PV panels so we can simply put a million square miles of them up and not care about panel failure rates or grid transmission losses, and you can bet that manufacturing technology can also make us cheaper computer chips or something like that.
Also, awesome are solar towers, they work at night in the reverse direction, perfect for remote places and you can grow food under the canopies
Few are talking about how critical it is for all of us to reduce the energy we use, reduce how much stuff we purchase, reduce driving, flying etc. If we are to survive we must simplify our lives. The GOOD NEWS is that a simpler life can be a more satisfying life. We have become used to thinking we need all our crap and our busy lives, but life has become mundane - we must change the whole paradigm.
meraviglioso tutto, complimenti
and in the UK, we've just signed off a further 5 gigawatts of off shore wind to be built in the next five year.
What if the wind isn't blowing? Wind MUST have a regular power plant running at all times. Can't turn a power plant on and off, it takes days. Wind is a waste until there are storage solutions. Your electric bill is gonna skyrocket!
@@TheBandit7613 Actually, the contract of differences for this wind energy was LESS THAN HALF of the price than for the equivalent Nuclear Power Station that is being built. I doubt you are from the UK, but the wind almost always blows somewhere around here, but we also have solar farms and gas turbines. We've all but eliminated coal, and we're after the gas stations next. People a LOT more clever than us manage our grid, and they have been doing it for over 100 years. If you don't know the energy difference between "hot standby" and running, you should look it up, you can't have "regular power plant" running at the same time as you say, otherwise you'd have twice the power being produced, and electricity doesn't work like that.
@@TheBandit7613 As Paul already made clear, you dont seem to be up to date with technological and price developments over the last couple of years. There is a new generation of low wind turbines that dont go for max peak performance, but instead a higher capacity factor resulting in higher percentage online per year than US coal plants! fortune.com/2019/10/07/offshore-wind-uk-auction-subsidies/
ChrisNVegas Renewables don't need a constantly running backup. Gas plants can come online in minutes if needed, the sun is quite predictable, and offshore winds are reliable - and increase in winter when we draw more power. We have all but eliminated coal from our energy mix- it accounted for one percent of our entire annual electricity production last year, down from almost 100 percent in a generation. Solar is viable even here, a country not exactly known for our endless sunshine. And the myth that renewables drive up power costs is exactly that- a myth. Power costs have fallen in real terms over the last two decades as the grid has got greener. We have some of the cheapest power in Europe, and much cheaper than many states in the US, due in no small part to us having large and expanding offshore wind farms and sensible,permissive policies towards small scale domestic solar panels.
Outlook for solar is good over the next 10 years. Long $TAN
This video is why I like CIBC. They explain a lot of complex technologies and engineering that I have long known about. The true power efficiencies lies in the power grid itself but it's the most complex machine ever made and it's fragile under certain conditions.
Thanks
"The sun isn't always shining" Yes it is... Sometimes it is not in our view or blocked, it is ALWAYS shining.
Night
literally half the day the sun is not shining wherever any one person lives LMAO
Psst, the SUN IS STILL SHINING, just not where you are, at the time.. Good grief you folks are dumb.
@@Chaos_Nova Really, are you this dense?
@@kckrebs37 Ever been to Alaska? Again, the SUN IS ALWAYS shining, it is just sometimes out of view.. Which I actually explained in the original reply...
Which is why her saying, "sometimes the sun doesn't shine", was a stupid thing to say.. Derp..
I've said it before and I'll say it again. These 13-15 minute CNBC videos are informative and well produced, keep it up!
They can also be misleading... There are a number of factual errors and some deliberate omissions here - especially when they mention Tesla or Musk (because CNBC is paid to criticise Tesla by Big Oil and Big Auto).
altezza46 but yet they have not made a video about how great nuclear is?
@@TagmakersCoUk we should have unlimited wireless energy.... why is this world so corrupt
In India banks are not ready to finance solar projects ...
because power produced from solar is itself cheaper then other sources that it does not make sustainable to fund these projects..
bring it on baby!
Germany once had a big solar panel industry but not one company remains to this day. They weren't competitive with the cheap competition from China.
RIP SolarWorld AG.
That's not entirely true. There still are companies producing solar panels. The cheaper prices of the Chinese panels wasn't the reason that many of them go bankrupt. The government decided to cancel a finance programm to help privateers so they are able to install panels on their roof. This is now coming back again a bit.
Ummm SMA is one of the biggest inverter manufacturers in the world, so you still have that.
@@RebellHAI companies weren't competitive without state subvention.
@@nealhayes2077 I have no knowledge whatsoever about the solar panel industry in Germany. I just wrote what I've recently heard and mixed it with my memories and imagination.
I would like to see a smartphone with a high-end removable battery
PV ground bracket +Easy and fast installation without punch holes. Match 980mm-1134mm width solar module.
Solar needs to be much cheaper for Main Street. Most solar companies want the purchaser to get a loan for 20 years on a solar system for their home.. which is RIDICULOUS and needs Changing NOW
Australia already has 2 million homes with roof top solar.
Yep rooftop solar! Not large scale solar.
Rooftop is 3x time more expensive than utility solar.
Australia still majority coal. Pathetic
Its crazy. The didn’t once mention the lifespan of solar panels. Or what happens to them once they’ve outlived their effectiveness...
about 20 years and very toxic...
They also didn't address solar's biggest problem: night. They only talked about clouds.
@@daddystiel4324 No, its about 40 years, may be even longer, and recycling plants popping up everywhere...many valuable materials in solar panels, which will NOT be wasted! In Europe, before a company is able to put a shovel in the ground to build a solar farm (or wind farm) they MUST have contracts in place to recycle the panels after their planned life span.
Oldest still operational solar farm is in Oldenburg Germany, in operation since 1976 and still working fine.. Note that solar panels made today are much better and even more durable, so this 20 year lifespan is very conservative...
deepresource.wordpress.com/2019/02/16/solar-panel-still-working-after-40-years/
I have solar panels on my roof myself, these are guaranteed for 25 years, to provide at least 80% of their original capacity.. Well, after 6 years I cant see any degradation, last two years were record production years for me.. Maintenance.. zero, I do not even have to clean them.
Thanks, @@MarcoNierop. We clearly have some trolls in this discussion.
@@daddystiel4324 They can be recycled.
I'm a new home builder in the Colorado mountains and I'm installing a 10 kw system on my personnel house and also on a new home build. The cost is $30,000 per install. We have over 300 days of intense sunshine and a payback of about 7 years. The systems are grid tied, any excess power is sold at a wholesale rate but when we call for grid power its charged at full rate price. I plan on using in floor heat for any excess power. Solar is becoming very common in my area.
Next on CNBC: The Rise and Fall of the Fidget Spinner.
Lol
Right on! Kudos to all the solar cell engineers! How about a video on China's rise in solar?
@Hello perf b, How are you doing?
🤗love them🌄
Nice that solar was coming down in price...until tarrifs.
Still waiting for storage prices to come down to reality for us mere mortals.
They have already quite some.
Tesla's batteries 10 years ago were 1000$/kWh, which meant a 75kWh battery was 75k $ for one car.
Now it is down to 180$/kWh, which is 13.5k $ for the same car size battery.
@@TBFSJjunior this is true, but when I can buy Lithiums for the Price of AGM...give me a call. I can not afford $2800 for 300ah of lithium.
That would be the equivalent of 11% of my annual income.
And unlike many that will ooh-ah at this, I live in my van with the missus and cats. We need the electricity just to keep medical equipment working at night.
So...solar solutions are not a luxury but a necessity in my case and one that I can not afford as I should.
Lithium is still way over priced for a common buyer's market even past a 2% market saturation.
@@sgtevmckay Lithium was not safe until Tesla/Panasonic invented the 7020 internally fused cells. They will be continually priced competitively, ie dropping in price.
See the Model 3 battery pack.
@ doesn`t do those of us who can not afford them any good.
Lithium batteries are still priced in the novelty range of pricing.
As long as LifePo is a glamorous concept the novelty prices will remain, and Lithium will continue to be priced out of practical except for a few and there that are gifted with them for...lol...testing purposes.
@@sgtevmckay
VW has an interesting concept to sell old car batteries to backup solar, as in a car it is a huge issue if you have only 50% range, while in a stationary setup like solar power storage, it doesn't matter much if the price is right.
This will take a few years till old EVs have to be recycled, but sounds like a cheap alternative.
When I lived in Europe it was common to see solar farms used to raise livestock also.
Ah, yes, the pink bunny farms. They mostly run on batteries though...
Run your Hoover Dams at night. Its like you have forgotten Hydro Power which is quite reliable with a reservoir.
Ave True to Caesar
@@Razgriz032 Patroling the mojave makes you wish for a nuclear winter.
Hydro, nuclear, natural gas: $0.05/kWh 24hrs a day. Solar $0.51/kWh 0-4hrs a day. Gen3 nuclear is the only viable solution for the coming wave of electric cars and desalinization.
@@dmay3391 solar is way cheaper than $.50/kWh.
D May
True in many ways but we need solar too. And if we’re going to use nuclear, we need to switch to molten salt reactors that are safe and use existing nuclear waste for fuel. Oddly, the first reactor was a molten salt; the only reason we used the existing type was to produce material for weapons.
Let's keep up this growth momentum
Nice
Powerwalls are $1000 LESS than they stated. And, they are talking about the time it takes for permitting solar. What is the time for permitting a gas energy plant? If it's less than solar, something is really wrong. PLUS, batteries are cheaper than a peaker plant, so I don't see their point (about how pricey batteries are).
I hope we can succeed on solar sooner. 🦅🦅🇺🇸. Solar panels in high rise building to cover some of the electric usage. Large Apartments too.
Ask your city to require it of sleazy landlords.
If you try to install large scale solar, you have to go through extra regulation hoops and lot higher cost to gov't. This is one reason why every car port isn't covered with solar. Without so high tax and gov't induced fees, landlords could make money by selling solar electricity, but not with current regulations.
Very well Educative on the latest trends and development!! We still have a long way to go here in africa
Love Green Peace!
7:11
rather nice if you ask me.
Love Solar!
Instead of Li ion batteries, use excess daytime power to pump water uphill to run a turbine generator at night to create power
Pumps are inefficient. They are doing a (small scale) project here where an electric "train" goes up the mountain by day and gravity pulls it down by night.
The trouble is the installations are all over the place. People seem to think all you have to do is install it, ignoring orientation and how much of gets shadowed.
No, I want my Tesla roof. I rather support Elon Musk
he is a billionaire
@@nalinh0 At least he is a billionaire by creating modern solutions to the Oil/Coal/Industrial/Transportation/Finance billionaires problems. The world needs more Musk and Gates style billionaires.
you need an Edison battery , they last a life time and recyclable, so is HEMP battery...
Lithium is dangerous, they can catch fire or blow up....
@@aebniala heres the thing if there is a better solution we wont adopt it until its pretty much too late i mean look at our energy generation
Jack Telsa also have the standard photovoltaics, if you have an existing roof.
The potential of solar and wind with fast cycling long-duration energy storage will make gas and coal pointless. Vanadium Redox Flow Batteries are already able to deliver power over 2, 4, 6 and even 8 hours. Best of all they don't lose their depth of charge over life. The life of a VRFB is also 30 years! It is also worth considering when people think about recycling a system that the vanadium electrolyte can be reused in a new system and go on and on. No other battery technology can do this. But it is only suitable for stationary storage. But for these large solar and also large wind power projects they are a perfect solution. In China there are multiple projects being built with 1GWh systems and this technology will be huge globally. The sun and the wind are free and as power sources, they are easy to capture and harness.
Very interesting points here Richard. I didn't know about the vanadium options. Do you have some weblinks where they discuss this? I would be very keen to learn more about it.
You can learn much on Vanadium on a website called “The Bushveld Perspective” and also the Vanitec website. These are great places to start. Hope this helps.
Price? The reason why solar is taking off is due to lower price. Li-Ion is capped about $100/kWh since that's about raw material cost. What is the raw material cost for VRFB?
Conserve energy!
I learned a lot by watching this Documentary.
@1:32
"my finger points"
Why cover precious land with solar panels when they could be better sited to shade buildings and parking lots?
Exactly. Just use LFTRs instead
Very good suggestion. Needs to be addressed to building owners and parking lot owners who can use this video as an eye opener. Their concern is more about $. And you need to have an answer in the $ lingo!
This is almost like the channel company man
About god damn time.
Is it just me or does the regular solar panel look better than if they would just look like regular roof panels?
I like seeing my solar panels every day on the roof
Carlos Sanchez I disagree. I think solar roofs are more aesthetic and less redundant.
My NEXT Car will definitely be either Electric or Plug-in Hybrid.
I am not spending 1 cent on Fossil fuel Only vehicles anymore.
You realize a hybrid is.......... Nevermind lol
My next car will run on water.
Indeed! My first plug-in was the Volt. Great car, cuts out 95% of average use of Koch fuel. Everyone can afford a used PHEV or EV (as a second car if range is a problem).
@The Last Danite Not in China. Many of their factories are run on solar, wind, nuclear and hydro.
cool mine wont
good video provided CNBC cared for brevity
Wow Huge fields covered in panels. Nothing will grow underneath. We will die starved. This is very scary!!
nonsense. we have huge deserts. many times more rhan enough space in deserts to provide electricity for whole world
India has world's largest solar park.
nobody cares about the poop nation
Okay cow shipper
k
"The mark of our age is that we replaced what worked with what sounded good." - Thomas Sowell
Geothermal for the short term is an amazing thing that works night and day whether there is wind or not. I a few million years it won't be effective though. Will you do another video on geothermal?
There's channel on here called DIY solar, Will Prowse and this guy is always checking for more economical solar power solutions from batteries to different solar panels, BMS, etc.
What we need is World Electricity Network like internet today. That way we can send solar electricity from one continent to another. When is dark in US, we in EU send you our solar electricity and vice versa. Lon to NY, Tokyo to LA, south to north, west to east 24/7 365 days. High voltage direct current (HVDC) transmission is not new thing. China for example have today link of 2000miles 12GW. Submarine power cable on ocean floor like internet cables.
We can do it!
Kloko Loko think of the energy wasted
The idea would be cool but It wouldn't be that easy( building miles of connecting pipes/wire through oceans) and would be even more expensive. Could happen in the future when were more advanced tho
@@talkstran6352 Search for Submarine power cable wiki on google.
It is less expensive than on land transmission.
@Amusis How can you say that 😌 The main problem of solar is that you have to store energy at night and in winter in January you have 5 times less energy production per day than in July. Big battery storage is very expensive. With UltraHVDC transmission loses are minimal, less than 5%.
We are going to slowly phase out from fossil fuels electricity generation to decrease CO2 emissions, so we need global solution for this problem.
Nuclear in general public is not accepted so much, but I personally are not against it.
What is your proposals, solutions for after fossil fuel era?
@@talkstran6352 It's me, youtube didn't show my massage.
UHVDC have voltage of more than 1 million volts. So transmission losses are less than 5%. This China link is 1,2 million volts (1,200 kV).
HVDC avoids the heavy currents required to charge and discharge the cable capacitance each cycle like for AC so you have less loses than AC for very long distances. Also cables on ocean floor are less expensive to build than on land.HVDC allows power transmission between unsynchronized AC transmission systems. Since the power flow through an HVDC link can be controlled independently of the phase angle between source and load, it can stabilize a network against disturbances due to rapid changes in power. HVDC also allows transfer of power between grid systems running at different frequencies, such as 50 Hz and 60 Hz (UK to USA) . This improves the stability and economy of each grid, by allowing exchange of power between incompatible networks.
I think that we have a solution for climate crisis.