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RE: Solar: A Hidden Investment

in #money8 years ago

Problem with solar energy production is that it is highly climate dependent.
For example, Tasmania where i live has an average daily window of about 3.4 hours in which PhotoVoltaic panels actually generate electricity.

It's also very dependent on the buyback policies on the grid, I think the NEM (national energy market) in australia is only paying peanuts for energy generated by homes. Hopefully the increase in battery tech assists in this.

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I wouldn't say that is a "Problem" . It is however a cause and effect. Perhaps you could have wind? If so that is where you should look.

I guess it was a poor choice of words in this context. I've just had to explain that to a few people who live in the area that think solar is the solution to all their problems.

We have a very effective hydro system in our state, and a few wind farms. There isn't a great deal going for home-scale wind generation as yet. Just a matter of time I suppose.

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