2.25PWh of generation has no concept of peak usage. It is just electricity. It may not be as useful 24/7 as steady state electricity, but it is just electricity. You count it. You work around its inefficiencies. There are grid problems. etc.

Old, small not-really-utility scale
farms in any modern sense of the word featured in the up-to-2012 data collected for that 2013 NREL report cited do not compete with modern, existing farms for which we have data.

2.25PWh is 1350x the output of the nearly 10yr old Solar Star Farm which is on 3200 acres.
Total of 1350x3200 acres is 6750 sqm. Other large farms are reasonably similar. As also noted repeatedly, Solar Star is not the most efficient in panels or land use. It's old. But it exists.

More modern empirical data exists. One just has to look a little harder for it.
As to whether it is possible, W says 483GW of nameplate capacity required - "not remotely possible" in 28yrs. But China will install 480GW that in the next 8yrs.

[In the real world, 483GW of capacity won't produce 2.25PWh/yr. Nasty empirical data again. need 60-100% more.]
Have at it.

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More from @bauhiniacapital

17 Sep
A short thread about The Trans-Pacific Partnership.

The US not joining was a mistake.

Joining the TPP was the POLITICAL not TRADE tool that the US needed to stay most involved. Commitment matters.

Not joining was a mistake. Image
Knowing what people know now, and could plainly see years ago, not joining was a really, really stupid move.

cc @MattSchrader_DC Image
Read 14 tweets
15 Sep
@jpohhhh @adamscochran @LongShortTrader Points of fact and points of insinuation are always problematic when dealing with a thread which just throws 💩 at a wall.

"John Smith worked too hard in a stressful job, and died of a heart attack." A reader might draw the conclusion that stress killed him. But would have
@jpohhhh @adamscochran @LongShortTrader ignored the part about him smoking two packs of cigarettes, eating 9,000 calories a day, and drinking two six-packs a night.

He may have had a stressful job but saying one and ignoring the other doesn't make it accurate.
@jpohhhh @adamscochran @LongShortTrader Look at 3/31. Net income "struggled" the way Amazon's has. The reason is not much debated. Any equity analyst covering the stock will tell you why.

"They were getting very little actual revenue to grow their empire."

Really? The $65 billion in revenue last year was... Image
Read 13 tweets
14 Sep
W, At some point you have to stretch your boundaries.

There is nothing which says 8.3 on Table ES1. I understand your arithmetic now. You are calculating how much a square meter of area generates 24/7/365, even in the middle of the night. Image
I have never met anyone who looks at it that way.

If you do that, and you say 3.4 acres will create 1GWh in a year, then you need 10.2mm acres which is 41,369.83sqkm. Not 80k.

As shown before, starting at 3.8-4.0PWh/yr growing at 0.95%p.a. is 5PWh/yr so 30k sqkm
But that isn’t the way it works either.

NREL’s 2012 era database is full of small solar projects, many of which are low pack density b/c of natural obstacles on old tech.

If US wants to build 2000+ new Solar Star farms, in the next 28yrs, I promise they will use post-2012
Read 7 tweets
4 Sep
I missed the news Wednesday but VEDL came up with their div. Back in late Oct 2020, they came up with a Rs 9.5 div when the stock was trading < 100 after the Delisting Offer failed. They still "owed" a HUGE passthrough to investors from HZ. They didn't pay it, and the promoters
bought more at 160 < 2mos later. Then bought more at 235 in the Partial Offer. After that, they could pay a big div.

Now it is 310. And rich-ish vs peers.

NOW they are paying a Rs 18.5 div. And they STILL owe shareholders more from HZ passthrough.

Incentives drive outcomes.
That was one of my few timestamps last year.

BTW... The HZ-1 was the model name of a cost-no-object head amp that Pioneer made in the early 1980s. It was (is, if you have one (and I have a few)) simply the best head amp made commercially. Ever.

Read 4 tweets
4 Sep
Former PM Shinzo Abe backing TAKAICHI Sanae for LDP president (and therefore future PM). Expectations were he might back KISHIDA.

She'd be the first female PM, and China might throw its toys out of the pram (she visited Yasukuni). She is in the RW of the LDP.
Seiko NODA also thinking about running and she has had a political role (former Minister for Internal Affairs, and M for Women's Empowerment). Abe critic.

Former FM KONO Taro. Popular with the youngs, but was in charge of vaccine rollout, which has been... less goodly.
Lastly, ISHIBA Shigeru - former Defence Minister and 'security maven', longtime Abe critic - may throw his hat into the ring. People like him. MPs don't. Also, he has criticised BOJ's low rates (which may be why many elderly like him).
Read 4 tweets
23 Aug
If I have a real diamond, and I allow 100 people to each take a picture and each make an NFT where I get a slice of the proceeds if sold, then I average 100 a day for 10 years, then in ten years I will have had revenue streams from 365k different NFTs.
Then there will be a fire, the diamond will be destroyed (wink wink - diamond? fire?) then rinse, repeat.

Those with the technical ability will be able to make a ring with a tiny OLED screen, and will be able to put the diamond NFT on the screen, like a real diamond ring.
Those who are smart will NFT a picture of that ring with the diamond on the screen. Somebody who buys seven of those NFTs will be able to put the pics on their Apple watch, and rotate once a day.

Then that person could make an NFT of the rotation, and then sell that to another.
Read 6 tweets

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