By Jo Nova
The government has this hope that homeowners can be tricked into paying for the batteries (in the form of EVs) that the wind and solar industry need to make their useless random energy into something reliable. Now comes the news that not only are batteries hazardous fire risks and expensive themselves, but to connect to our grid in a two way arrangement we need to spend $3,000 dollars per household (or maybe $10,000) to buy the bit of equipment that makes this work. Not to mention adding another million gigawatts of generation so the cars can be charged in the first place.
Remember in the end, we are not buying EV’s because they go further, cost less, or are more convenient, we’re buying them because we want to stop storms in 100 years.
How many nice weather days will I get in 2100AD for that $3,000 inverter?
Household EV infrastructure could cost as much as $10bn, inquiry told
By Natasha Schmidt, The Australian
Interim Director of Monash Energy Institute, Roger Dargaville, said powering EVs in just one million households could cost as much as $10bn in power inverters.
Professor Dargaville said such inverters, unlike home batteries such as Tesla’s Powerwall, would allow EV drivers to recontribute power into the grid.
“That piece of infrastructure costs about $10,000 at the moment, and if you have a million vehicles sometime in the future trying to do this that’s $10bn,” he said.
Prof Dargaville hopes that mass production might reduce the cost to $3,000 each if we are lucky. (Mass money printing and inflation will probably prevent that.)
Historians will look back on this era and describe it as a case study in corruption and mass delusion. The great capitalist free market of Adam Smith exists only in limited pockets that masquerade as “free choice”.