• Bakkoda
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      1314 days ago

      Supply side Jesus says put your faith in the wisdom of the CEO.

      • @mholiv@lemmy.world
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        1415 days ago

        Not saying we shouldn’t do both, but in reality waiting to destroy capitalism before fixing the grid just means you have too much theory and not enough praxis.

        • @Count042@lemmy.ml
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          114 days ago

          Batteries for something like this would be something like a lake on top of, and at the bottom of, a mountain.

          Then you use excess power to move water up, and when you need power, the water comes down through a turbine.

      • @WoodScientist@sh.itjust.works
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        014 days ago

        Honestly, this attitude is downright suicidal for our species right now. Capitalism took centuries to develop. Anything that replaces it will form over a similar time scale. And with climate change, that is time we do not have.

        • @Sylvartas@lemmy.dbzer0.com
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          714 days ago

          I’ve got some bad news though. If our markets keep ignoring the environmental cost of… well, pretty much anything, as they always have, capitalism will also fuck us over in the long run. I’ve even heard it’s already happening…

          • @SwingingTheLamp@midwest.social
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            514 days ago

            Capitalists People in just about every system ignore negative externalities, which are defined as costs borne by other people for the benefits that they receive themselves. Ironically, capitalism might be the best short-term solution, if only we had the political will. One of the major functions of government is to internalize negative externalities, via taxes and regulations. It’s easy for a factory owner to let toxic effluent flow into the nearby river, but if it costs enough in taxes and fines, it’s cheaper to contain it. We just need to use government regulations to make environmental damage cost too much money, and the market would take care of re-balancing economic activity to sustainable alternatives. The carbon tax is a well-known example of this technique, but we’ve seen how well that has gone over politically. Still, it’s probably easier to push those kinds of regulations in a short time frame than to fundamentally revamp the entire system.

    • @humanspiral@lemmy.ca
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      215 days ago

      A big flaw in German energy policy that has done a great job in expanding renewables, includes not giving its industry variable rates, that lets them invest in batteries, and schedule production more seasonally, or if they have reduced demand due to high product prices from high energy costs, just have work on the good days.

      Using EVs as grid balancers can be an extra profit center for EV owners with or without home solar. Ultra cheap retail daytime rates is the best path to demand shifting. Home solar best path to removing transmission bottlenecks for other customers. Containerized batteries and hydrogen electrolysis as a service is a tariff exempt path at moving storage/surplus management throughout the world for seasonal variations, but significantly expanding renewables capacity without risking negative pricing, and making evening/night energy cheaper to boot.

  • TheTechnician27
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    15 days ago

    You can read the Technology Review article here discussing why this is problematic beyond a JPEG-artifacted screenshot of a snappy quip from a furry porn Twitter account that may or may not have read the article beyond the caption. We need solar power plants to reach net zero emissions, but even despite their decreasing costs and subsidies offered for them, developers are increasingly declining to build them because solar is so oversaturated at peak hours that it becomes worthless or less than worthless. The amount of energy pumped into the grid and the amount being used need to match to keep the grid at a stable ~60 Hz (or equivalent where you live, e.g. 50 Hz for the PAL region), so at some point you need to literally pay people money to take the electricity you’re producing to keep the grid stable or to somehow dump the energy before it makes its way onto the grid.

    One of the major ways this problem is being offset is via storage so that the electricity can be distributed at a profit during off-peak production hours. Even if the government were to nationalize energy production and build their own solar farms (god, please), they would still run up against this same problem where it becomes unviable to keep building farms without the storage to accommodate them. At that point it becomes a problem not of profit but of “how much fossil fuel generation can we reduce per unit of currency spent?” and “are these farms redundant to each other?”.

    This is framed through a capitalist lens, but in reality, it’s a pressing issue for solar production even if capitalism is removed from the picture entirely. At some point, solar production has to be in large part decoupled from solar distribution, or solar distribution becomes far too saturated in the middle of the day making putting resources toward its production nearly unviable.

      • TheTechnician27
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        15 days ago

        Nah, I see nothing wrong with an information diet composed of random people with no background sharing their pet conspiracy with 5 million people on TikTok that they learned from three minutes with ChatGPT, furry porn accounts clapping back on Twitter to an out-of-context 29-word quote from an MIT Technology Review article (reshared so many dozens of times that the quality has noticeably degraded), or a picture generated in a Russian disinformation farm showing a muscular Donald Trump rescuing crying orphans from drowning in Hurricane Helene while corrupt FEMA agents loot their houses.

        God fucking help us.

          • TheTechnician27
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            15 days ago

            On the plus side I guess: accessing good, robust information has literally never been easier as long as you’re media-literate enough not to fall into the landfill of trash information that you’re walking over.

            • During its start in the 2000s and early 2010s, Wikipedia was like a shadow of what it is today. As an example, take a look at the article for the element oxygen in 2006 (ignore the broken templates) and the article today. Its editors were just as smart, well-meaning, and hard-working, but guidelines and a deeply entrenched culture hadn’t emerged around making sure things are as verifiable, reliable, independent, unbiased, inclusive, and comprehensive and as possible. It’s kind of insane how much you can find there now as a starting point for further research. Wikipedia also forced the web-ification of Britannica, meaning even if you deeply distrust Wikipedia for some reason, you no longer need to pay hundreds to have an encyclopedia in your home.
            • Additionally, I imagine there are serious, experienced editors who are using LLMs to great effect as essentially a search engine on steroids to find obscure information, thereby speeding up their work (and they have the media literacy from years or decades of editing Wikipedia to wield this responsibly). Those who use it irresponsibly seem to be very quickly found out, although because I can’t prove a negative, I can’t say how much slop has slipped through the cracks.
            • Extremely niche hobbies and specialties have e.g. YouTube channels, subreddits/communities, etc. dedicated just to them providing a fantastic wealth of knowledge. Right now, I can go watch Gutsick Gibbon on YouTube to catch up on various findings in primatology from a PhD candidate on the verge of becoming a doctor. I can watch Gamers Nexus for highly comprehensive breakdowns of tech products. Realistically, I can self-teach in ways I never could have 20 years ago as long as I’m responsible.
            • Piracy has arguably never been easier to gain access to paywalled research papers, books, etc. There’s a movement in academia to make research open-access.
            • Software is moving more and more toward open-source. This gives entrenched, capitalist power structures increasingly limited control over people and opens up this knowledge to everybody.

            That all being said, things are really dire because so many people really lack the basic media literacy skills to utilize these tools and avoid the ocean of shit around them.

            • @brucethemoose@lemmy.world
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              14 days ago

              It’s a bit scary because many of those things (Wikipedia, academic piracy) are being threatened and villainized, others (Reddit niches, maybe eventually YouTube) are hemorrhaging useful info, and utilitarian LLMs are simultaneously being vilified and enshittified by opposing political sides.

              Like, with the Qwen3 release, I just realized my internet barometer for “is it any good?” and technical info is totally gone… Reddit and other niches have withered away, Twitter/Linkdin are pure engagement farms, and I can’t hardly discuss it anywhere else populated without getting banned as an alleged AI Bro (whom, for the record, I hate with a burning passion). I seriously considered joining WeChat just to see some sane discussion.

              This is true for other fandoms and niches I’m in.

              I hate to sound apocalyptic, but it feels like my information sphere is imploding. The real marker will be when the US government starts taking action against Wikipedia.

        • @brucethemoose@lemmy.world
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          114 days ago

          I found the post to be succinct and coherent.

          Some problems need 2 or 3 paragraphs to even begin to convey them. They could’ve said “the problem isn’t just capitalism,” and that would have been met with vitriol, as it doesn’t convey that the actual article is more nuanced than “anti solar,”that meeting variable power demand with solar supply is a challenge, that at some point one does indeed saturate regional demand for solar to the point that building more plants isn’t productive (which frequent negative prices are an indication of), and so on.

          And if that’s too long and complex, well… I dunno what to tell you.

    • @deeferg@lemmy.world
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      115 days ago

      I’ve known about the issue with a lack of ways to store the energy produced for about 5 years now, does it seem like we’re making any steps in it recently? Also how does it work in a “green” fashion to produce all of the batteries necessary for that sorts of energy storage, I feel like that’s going to be one of the next discussions about how “pure” this method is.

      • @iii@mander.xyz
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        215 days ago

        The size of the storage problem is not well understood by most. The world production of batteries is insufficient to power germany with 100% renewables.

        A possible solution is changing consumption patterns (in jargon known as demand-response). This runs into 2 issues: (1) people need to change their behaviour, with they wont. (2) You handicap your economy, to the benefits of countries that do not care about emissions. With a good chance that the net result is more emissions.

  • okgurl
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    3914 days ago

    oh no the power is too cheap. God forbid our trillions of tax dollars go to something actually useful and good for the people oh well looks like we will get the F-47 instead and pay it to private military contracts 😂

  • @merdaverse@lemmy.world
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    3715 days ago

    It’s funny how capitalist apologists in this thread attack the format of a tweet and people not reading the actual article, when they clearly haven’t read the original article.

    Negative prices are only mentioned in passing, as a very rare phenomenon, while most of it is dedicated to value deflation of energy (mentioned 4 times), aka private sector investors not earning enough profits to justify expanding the grid. Basically a cautionary tale of leaving such a critical component of society up to a privatized market.

    • @HelixDab2@lemm.ee
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      315 days ago

      Without reading the article, I could already see what the problem was.

      Unless you have capital to invest, you can’t expand or improve the power grid. That capital can either come from the gov’t–through taxation–or from private industry. If you, personally, have enough capital to do so, you can build a fully off-grid system, so that you aren’t dependent on anyone else. But then if shit happens, you also can’t get help from anyone else. (Also, most houses in urban areas do not have enough square feet of exposure to the sun to generate all of their own power.)

      Fundamentally, this is a problem that can only be solved by regulation, and regulation is being gutted across the board in the US.

      • @frezik@midwest.social
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        1114 days ago

        That’s not the problem the article gets to. The capital is there. Capital is being dumped into solar at breakneck speed. That’s the problem.

        As more solar gets built, you get more days when there’s so much excess solar capacity that prices go near zero, or occasionally even negative. With more and more capacity around solar, there is less incentive to build more because you’re increasing the cases of near-zero days.

        Basically, the problem is that capitalism has focused on a singular solution–the one that’s cheapest to deploy with the best returns–without considering how things work together in a larger system.

        There are solutions to this. Long distance transmission helps areas where it isn’t sunny take advantage of places where it is. Wind sometimes blows when the sun isn’t shining, and the two technologies should be used in tandem more than they are. Storing it somewhere also helps; in fact, when you do wind and solar together, they cover each other enough that you don’t have to have as much storage as you’d think. All this needs smarter government subsidies to make it happen.

        As a side note, you seem to be focused on solar that goes on residential roofs. That’s the worst and most expensive way to do solar. The space available for each project is small, and it’s highly customized to the home’s individual roof situation. It doesn’t take advantage of economies of scale very well. Using the big flat roofs of industrial buildings is better, but the real economies of scale come when you have a large open field. Slap down racks and slap the solar panels on top.

        If what you want is energy independence from your local power utility, then I suggest looking into co-op solar/wind farms. If your state bans them–mine does–then that’s something to talk to your state representatives about.

        • @AA5B@lemmy.world
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          14 days ago

          Transmission is tough. But the solution from too much solar investment driving down profits would be to invest that same money into storage. That seems like a natural follow up.

          Imagine your profit if you can charge your storage with negative cost power!

          • @frezik@midwest.social
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            114 days ago

            It’s one of the solutions, yes.

            But let’s look at this more broadly. The idea of combining wind/water/solar/storage with long distance transmission lines isn’t particularly new. The book “No Miracles Needed” by Mark Z. Jacobson (a Stanford Professor of Civil and Environmental Engineering) outlined the whole thing in 2023, but was the sum total of the author’s insight that he had had over a decade prior. Dumping all the money in one was never going to get us there.

            Capitalism does sorta figure this out, but it takes steps of understanding as it focuses on one thing at a time. The first step dumps money into the thing that’s cheap and gives the best ROI (solar). Then there’s too much of that thing, and the economics shifts to covering up the shortfalls of that part (be it wind or storage or whatever). That makes it better, but there’s still some shortfalls, so then that becomes the thing in demand, and capitalism shifts again.

            It does eventually get to the comprehensive solution. The one that advocates in the space were talking about decades before.

            The liberal solution–the one that leaves capitalism fundamentally intact–is to create a broad set of government incentives to make sure no one part of the problem gets too much focus. Apparently, we can’t even do that.

        • @evasive_chimpanzee@lemmy.world
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          414 days ago

          Wow, someone actually explaining the problem correctly. I’ll also mention that part of the fix should be on the demand side. Using your home as a thermal battery can load shift HVAC needs by hours, and with a water heater, it works even better. That’s not even talking about all the other things that could be scheduled like washer/dryers, dish washers, EV charging, etc.-

          the real economies of scale come when you have a large open field.

          And before anyone bothers you about the impact of turning fields into solar farms, I’ll add that we (the US) already have more farmland dedicated to energy production (ethanol corn) than would be necessary to provide our whole electricity demand.

          • @frezik@midwest.social
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            214 days ago

            And before anyone bothers you about the impact of turning fields into solar farms, I’ll add that we (the US) already have more farmland dedicated to energy production (ethanol corn) than would be necessary to provide our whole electricity demand.

            Oh hell yes. 40% of the corn is grown in the US for ethanol, and it’s a complete and utter waste. Even with extremely optimistic numbers the amount of improvement is close to zero. It might be the worst greenwashing out there; sounds like you’re doing something, but its benefit is likely negative.

            We have the land. That’s so not a problem.

        • @HelixDab2@lemm.ee
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          114 days ago

          It doesn’t take advantage of economies of scale very well.

          You missed my point; I was talking about being entirely off-grid there. So unless the homeowner in question also has a large industrial building with a flat roof, we’re back to where I said that they didn’t have enough generative capacity to not be reliant on a power grid, at least in part.

          If what you want is energy independence from your local power utility,

          No, I want energy independence period. Not just from the local utility, I want independence from a co-op as well. I want to have my own well so I’m not relying on someone else to deliver water. I want enough arable land to grow most, or all, of my own food. This isn’t compatible with living in a city. (And part of the reason I want to generate my own power is so that I can use all electric vehicles.)

          • @frezik@midwest.social
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            314 days ago

            You missed my point. What you assumed the article said was completely off base.

            No, I want energy independence period. Not just from the local utility, I want independence from a co-op as well.

            Then what you’re asking for is a more fractured human society. This kind of independence from others is an illusion and is not compatible with how humans have evolved.

            • @HelixDab2@lemm.ee
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              114 days ago

              Then what you’re asking for is a more fractured human society.

              No, I’m saying I want energy independence. I don’t want to be dependent on the vagaries of service providers, or politicians that decide one day that renewables are great, and then the next day fuck it all drill baby drill, or a utility–or government–that refuses to invest the necessary capital into infrastructure to maintain capability. I’ll pay my taxes so that shit can get done IF that ends up being the will of the people, but I don’t see the point of being dependent on a system that I both need and have no control over.

              • @frezik@midwest.social
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                114 days ago

                Drive to get groceries? You’re dependent on most of those same factors.

                Water? Same. Even if you have a well, you still don’t want that well to be polluted by people around you.

                Shelter? You presumably don’t want a neighbor’s rickety structure to fall over on yours during a storm.

                This kind of independence is a farce.

                • @HelixDab2@lemm.ee
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                  113 days ago

                  Drive to get groceries? You’re dependent on most of those same factors.

                  I said I wanted enough arable land to grow my own.

                  Water? Same. Even if you have a well, you still don’t want that well to be polluted by people around you.

                  See above.

                  Shelter? You presumably don’t want a neighbor’s rickety structure to fall over on yours during a storm.

                  See above. I don’t intend to have neighbors within a mile.

  • @peereboominc@lemm.ee
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    2715 days ago

    Why not do something with all that power? In the past there were some projects where they pumped water upstream when there was too much power on the grid. Then on low energy times, the water was released making energy again. Or make hydrogen (I think it was hydrogen). Or do AI stuff

    I also seen energie waste machines that basically use a lot of power to do nothing. Only the get rid of all that extra energy so the power grid won’t go down/burn.

    • partial_accumen
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      615 days ago

      Why not do something with all that power?

      This is a relatively new problem, so it will take awhile for the market to respond to make industries optimized to take advantage of this.

      I saw an article a few months ago (couldn’t find it quickly just now) about a small manufacturing company (metals maybe?) that set up shop specifically to run during the excess power events. So its starting to happen, but its not going to be a perfect fit. It means spending lots up front for infra, but only being able to use it a few hours a day cost effectively.

      In the past there were some projects where they pumped water upstream when there was too much power on the grid. Then on low energy times, the water was released making energy again.

      This is already done with pump hydro. But this needs existing hydroelectric infrastructure to take advantage of. Even then there are usually holding ponds upstream and they themselves have limited capacity.

      Or make hydrogen (I think it was hydrogen).

      This is being done too at small scales right now. There’s difficulties with it. Hydrogen really sucks to try store and transport. The H2 molecule is so small it leaks out through valves and gaskets that are fine for containing nearly all other gases and liquids. So this means the gear needed is hugely more expensive up front. What a few are doing is using the hydrogen to quickly make Ammonia (NH3), which is much easier to store and contain. However, the efforts doing this are still fairly small.

      Or do AI stuff

      AI aside, this is one place I haven’t seen develop yet. That being: cheaper compute costs during excess power events.

      I suspect its the same problem for the manufacturing. It means spending money on expensive compute infrastructure but only able to use it during the excess power events. As in, the compute in place is already running flat out at full capacity all the time. There’s no spare hardware to use the excess power. If you had spare hardware, you’d add it to your fleet and run it 24/7 making more money.

    • @ceenote@lemmy.world
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      415 days ago

      We still have hydroelectric turbines that can reverse themselves to pump water to a higher elevation reservoir to store surplus energy. We call them pump-gens at my job. The problem is that, as nearby areas develop, that water gets reserved for other things, so they can’t pump it back up because it’s needed further downstream for irrigation or communities or whatever.

      • @shalafi@lemmy.world
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        215 days ago

        Now that’s a good idea! I have a couple of ideas to automate that. Crank the hot water balls out during peak production hours, but cut it off at night. Something like that?

        Sounds like a deal for power companies that change prices during on/off peak hours. But wait, am I backwards? Typically peak power costs more? Anyone?

        • @MNByChoice@midwest.social
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          115 days ago

          You seem confused.

          Peak Solar hours and peak utility rate hours are different. Often both are shorted to “peak hours”.

  • @Phoenicianpirate@lemm.ee
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    14 days ago

    Wasn’t there a town in China that produced such a glut of surplus electricity that they didn’t know what to do with it? And it was 100% solar?

        • @Robbity@lemm.ee
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          514 days ago

          It’s basically solved. Sodium batteries are cheaper and much more durable than lithium batteries, and are currently being commercialized. Their only downside is that they are heavier, but that does not matter for grid-scale storage.

          • @Phoenicianpirate@lemm.ee
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            414 days ago

            I remember reading about those. Sodium batteries are revolutionary. They don’t need a rare earth mineral… sodium is friggen everywhere.

          • @toastmeister@lemmy.ca
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            14 days ago

            Being cheaper than Lithium is great, but are they cheaper than nuclear?

            The manpower of maintaining all these batteries seems like it would also be a lot, how would you do it for an entire grid, or would you need to have each individual placing a battery on their property to deal with brownouts?

            • @Robbity@lemm.ee
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              14 days ago

              That’s kind of irrelevant.

              Nuclear handles the base power generation. Grid storage is meant to handle peaks. It needs to be cheaper than coal, which is also used for peaks.

              Anyway, grid storage is already about 200$ per installed kw with lithium. If sodium gets us to 100$, a 1GW installation comparable to a nuclear plant would cost 100 million. That’s like 150 to 300x cheaper than a nuclear plant. And a plant takes years to build, decades even. A storage facility takes days or weeks.

              Of course that does not count energy generation, but grid scale storage basically stores free excess energy from nuclear and renewables. So they actually improve the cost efficiency of nuclear and renewables, they don’t compete with them.

            • @MIXEDUNIVERS@discuss.tchncs.de
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              214 days ago

              Problem with coal or nuklear is it isn’t cheap. In Germany it survies only on subsidies. And Nuclear was abolished in Germany, a bit to early. I said we needed it 10 years longer and we could have shutdown our coal.

              • @toastmeister@lemmy.ca
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                114 days ago

                The problem I see with wind and solar is you need backup power, to handle the sinusoidal nature of production. So you need to duplicate your power production, and that costs a lot.

  • @wizzor@sopuli.xyz
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    1315 days ago

    I get the sentiment but… When sun isn’t shining the negative prices cause problem for baseline power producers who need to turn off their power plants to avoid the zero to negative power prices.

    This causes the power prices to become volatile, since the investments for the power plants that run during the night need to be covered during the night only.

    Eventually though the higher price volatility will encourage investments into either demand side adjustability or energy storage systems. This will play out in energy only markets.

    The other alternative is to implement a capacity market, which will divide the cost of the baseline production across different production hours by paying producers more for guaranteed production capacity.

    • GingaNinga
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      315 days ago

      Ya I’m not an engineer at all so I’m not sure how hard it is to store that much power but that always seemed like a good idea. Even for electric cars, if we designed a universal battery pack good for a few hundred kilometres that we could swap out at recharge stations I feel like that would be a smart way to do things. But again I have no idea if thats feasible or how it would be implemented.

      • @brucethemoose@lemmy.world
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        Much harder than you’d think, though there are some interesting schemes (like huge tanks filled with molten stuff, superconducting rings, giant flywheels). And there’s always a loss with storage.

        TBH having a diverse array of power sources (including a little storage) is much better.

        Also, batteries in electric cars are unfortunately extremely expensive, and extremely heavy. They’re less efficient than you’d think. Standardization and swappability (and reusing idle batteries for the grid) is a great idea, but even just focusing on the technical aspects, challenging.

        • GingaNinga
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          115 days ago

          interesting! ya this is a whole world I know very little about but it seems very relevant these days.

          • @brucethemoose@lemmy.world
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            15 days ago

            TBH the best solutions are boring and supply-side. Or regional.

            Random examples: heat pumps instead of heaters! Insulation! Geothermal loops or spacer panels for big buildings! Lightweight cars! All would save a hilarious amount of energy, but are way too dull to trend, heh.

            …And probably suppressed by industry interest groups. whistles

  • Kompressor
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    1215 days ago

    “Well you see there is generations and generations of ghouls that have made their entire livelihood off the established and continued monopolization of vital resources such as water and power and for some reason the rest of us haven’t gotten together and solved that clear and obvious threat to everyone and everything collectively, I know I don’t get it either.”

  • @minorkeys@lemmy.world
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    1114 days ago

    A system of disturbing goods and services that can’t handle negative value is not a system that should be maintained. Our collect pursuit as a species should be the abundance of these things, not the artificially managed scarcity of them.

    • @Hobo@lemmy.world
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      2714 days ago

      I got you.

      The works of the roots of the vines, of the trees, must be destroyed to keep up the price, and this is the saddest, bitterest thing of all. Carloads of oranges dumped on the ground. The people came for miles to take the fruit, but this could not be. How would they buy oranges at twenty cents a dozen if they could drive out and pick them up? And men with hoses squirt kerosene on the oranges, and they are angry at the crime, angry at the people who have come to take the fruit. A million people hungry, needing the fruit- and kerosene sprayed over the golden mountains. And the smell of rot fills the country. Burn coffee for fuel in the ships. Burn corn to keep warm, it makes a hot fire. Dump potatoes in the rivers and place guards along the banks to keep the hungry people from fishing them out. Slaughter the pigs and bury them, and let the putrescence drip down into the earth.

      There is a crime here that goes beyond denunciation. There is a sorrow here that weeping cannot symbolize. There is a failure here that topples all our success. The fertile earth, the straight tree rows, the sturdy trunks, and the ripe fruit. And children dying of pellagra must die because a profit cannot be taken from an orange. And coroners must fill in the certificate- died of malnutrition- because the food must rot, must be forced to rot. The people come with nets to fish for potatoes in the river, and the guards hold them back; they come in rattling cars to get the dumped oranges, but the kerosene is sprayed. And they stand still and watch the potatoes float by, listen to the screaming pigs being killed in a ditch and covered with quick-lime, watch the mountains of oranges slop down to a putrefying ooze; and in the eyes of the people there is the failure; and in the eyes of the hungry there is a growing wrath. In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage.

      • TFO Winder
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        -114 days ago

        Isn’t capitalism the opposite ?

        Competition and open market would promote sellers who quote lower because of abundance and consumers as well as sellers would benefit from the abundance.

        Sellers who try to restrict the supply ultimately would loose in the long run because in a competitive market the seller would always choose cheap prices.

        roots of the vines, of the trees, must be destroyed to keep up the price This would be valid if no one wan’t to be sellers and a all the sellers in a market cooperate together to do this or are required by law to do this.

        I know we like to blame capitalism for a lot of things but this here is a different situation i think.

        • @Phoonzang@lemmy.world
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          614 days ago

          It would in a properly free market. But late stage capitalism’s goal is monopolization, because it maximises profit. Or to quote Marx: “Monopoly is the inevitable end of competition, which engenders it by a continual negation of itself.”

          And this is exactly what Steinbeck is describing here: “you buy food from us, at our prices, or nothing at all. We’d rather destroy our product than to sell lower.” And they can do this because no one has access to the products, or the means of production (e. g. the land to grow produce).

          And this is where we are today with Amazon, Nestle, Walmart and so on. They don’t have any real competition anymore.