Green energy

[impact]

With the focus on this governments direction towards green energy and the elimination of fossil fuels I was curious as to what would replace our oil and gas industry and how we will supplement the additional burden placed on our electrical capacity.

Nuclear Fusion.....that's the path forward. I will bet a dollar to a donut that the first reactor will be perhaps in Alberta?


Iter is a major international project to build a 500MW tokamak fusion device (requiring an input of 50MW) designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy.

https://www.world-nuclear-news.org/Articles/Canada-agrees-to-participate-in-ITER-fusion-projec

[greatwhite]

Yes feasible but we are still 30 years away. Thorium reactors would be good and they have built them before. The reason we went with Uraminum at the time was because of WW2 and the cold war.

With the focus on this governments direction towards green energy and the elimination of fossil fuels I was curious as to what would replace our oil and gas industry and how we will supplement the additional burden placed on our electrical capacity.

Nuclear Fusion.....that's the path forward. I will bet a dollar to a donut that the first reactor will be perhaps in Alberta?


Iter is a major international project to build a 500MW tokamak fusion device (requiring an input of 50MW) designed to prove the feasibility of fusion as a large-scale and carbon-free source of energy.

https://www.world-nuclear-news.org/Articles/Canada-agrees-to-participate-in-ITER-fusion-projec

[MikePal]

Well, we know wind isn't the answer for Canada HaHa...

Wonder how much carbon is being created to de-ice that abomination to the landscape.

[MikePal]

With the focus on this governments direction towards green energy and the elimination of fossil fuels I was curious as to what would replace our oil and gas industry and how we will supplement the additional burden placed on our electrical capacity.

https://www.world-nuclear-news.org/A...-fusion-projec

Reading the article at the link, I see in the related stories, China is well ahead of the US in it's work with 'new' Nuclear Energy. Time will come when that technology becomes marketable. Good to see China making strides to reduce their Carbon emmissions.

Till then, we don't have a problem with energy here in Canada..still making surplus. Nor do we have a problem with production of carbon emissions here in Canada, our emissions are way down the list on a world level.

[fishfood]

Well, we know wind isn't the answer for Canada HaHa...

Wonder how much carbon is being created to de-ice that abomination to the landscape.

Would be more of a cost issue than a carbon issue lol.



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[MikePal]

Would be more of a cost issue than a carbon issue lol.

Uhhhh....

Our helicopter transports 4 people over 615 km with 419 liters of Jet A fuel. The GHG emissions from Jet A are similar to gasoline, at around 3 kg per liter , so 419 liters would result in 1,257 kg of GHGs.

[impact]

In regards to cost here is a great article on wind energy and probably why nuclear fusion is the way to go.
Bonus: If you get another Chernobyl because of it you automatically get 1,000's of acres that will be zoned green for eternity. The environmentalist will love it.....lol

https://windexchange.energy.gov/smal...guidebook#home

A small wind energy system can provide you with a practical and economical source of electricity if:

Your property has a good wind resource.
Your home or business is located on at least 1 acre of land.
Your local zoning codes or covenants allow wind turbines.
You can determine how much electricity you need or want to produce.
It works for you economically (you may be eligible for state/utility or federal incentives).
You're comfortable with long-term investments.
Your average electricity bills are $150 per month or more or you don't have access to utility grid power.[7]

[fratri]

In regards to cost here is a great article on wind energy and probably why nuclear fusion is the way to go.
Bonus: If you get another Chernobyl because of it you automatically get 1,000's of acres that will be zoned green for eternity. The environmentalist will love it.....lol

https://windexchange.energy.gov/smal...guidebook#home

A small wind energy system can provide you with a practical and economical source of electricity if:

Your property has a good wind resource.
Your home or business is located on at least 1 acre of land.
Your local zoning codes or covenants allow wind turbines.
You can determine how much electricity you need or want to produce.
It works for you economically (you may be eligible for state/utility or federal incentives).
You're comfortable with long-term investments.
Your average electricity bills are $150 per month or more or you don't have access to utility grid power.[7]

The problem with individuals having windmills is......................... my hydro rates will go up....
The way I see it, hydro companies are in it for the money, they only make money by selling hydro... If less people buy hydro, rates will have to increase so they can keep the profit margins in place.
No portfolio manager is going to hold a hydro stock if it doesn't make money and the only way hydro makes money is by selling hydro. So if you go off the grid, I will need to make up the difference. So do us all a favour and use as much electricity as possible so they can make more money, build my portfolio and lower my rate
Supply vs demand vs profit .........
Unless the world puts profit on the back burners, things will never really change

[Fisherman]

The problem with individuals having windmills is......................... my hydro rates will go up....
The way I see it, hydro companies are in it for the money, they only make money by selling hydro... If less people buy hydro, rates will have to increase so they can keep the profit margins in place.
No portfolio manager is going to hold a hydro stock if it doesn't make money and the only way hydro makes money is by selling hydro. So if you go off the grid, I will need to make up the difference. So do us all a favour and use as much electricity as possible so they can make more money, build my portfolio and lower my rate
Supply vs demand vs profit .........
Unless the world puts profit on the back burners, things will never really change

You nailed it pretty much. Gov't says, use less electricity, so we did, Hydro screams our profits are going down so they cranked up the price. The never ending dog chasing the tail or is the tail urging the dog to chase it. You can't win in this situation.

[impact]

The problem with individuals having windmills is......................... my hydro rates will go up....
The way I see it, hydro companies are in it for the money, they only make money by selling hydro... If less people buy hydro, rates will have to increase so they can keep the profit margins in place.
No portfolio manager is going to hold a hydro stock if it doesn't make money and the only way hydro makes money is by selling hydro. So if you go off the grid, I will need to make up the difference. So do us all a favour and use as much electricity as possible so they can make more money, build my portfolio and lower my rate
Supply vs demand vs profit .........
Unless the world puts profit on the back burners, things will never really change

No worries, 81.48 % of the population is automatically disqualified from wind energy and the other 19 % find the setup too expensive and unreliable.

"In 2019, 81.48 percent of the total population in Canada lived in cities."