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Carantoc said..Macroscien said..
.... But there is nice example where Egypt is actually building such cable to supply Europe with green energy
Hey Macro, I googled that article and it seems to say Greece is building the cable not Egypt. So the consumers not the retailers. But anyways...
It also say $3.5bln euro for 1373km. That feeds into a network of 450 million EU consumers, so that's like somewhere about $12 each equivalent ?
But here in Aus if you scale that then you get $15bln to go 4,000km Sydney to Perth to feed 2 million people on the WA grid.
That's like 600 and something times more expensive.
You sure local generation isn't a better idea than covering the world in cables ?
Oh yeah, also says 1,300km will take 7 to 8 years to build. So that would be like 21 years to build the same from east to west Aus. Surely in 21 years time your fellow extra terrestrials will have given us the gift of eternal energy ?
Select to expand quote
Carantoc said..Macroscien said..
.... But there is nice example where Egypt is actually building such cable to supply Europe with green energy
Hey Macro, I googled that article and it seems to say Greece is building the cable not Egypt. So the consumers not the retailers. But anyways...
It also say $3.5bln euro for 1373km. That feeds into a network of 450 million EU consumers, so that's like somewhere about $12 each equivalent ?
But here in Aus if you scale that then you get $15bln to go 4,000km Sydney to Perth to feed 2 million people on the WA grid.
That's like 600 and something times more expensive.
You sure local generation isn't a better idea than covering the world in cables ?
Oh yeah, also says 1,300km will take 7 to 8 years to build. So that would be like 21 years to build the same from east to west Aus. Surely in 21 years time your fellow extra terrestrials will have given us the gift of eternal energy ?
I don't really bother about retail consumer, read households in Australia.
I have my 20 kw solar plus battery here and on the farm and don't care how much electric energy cost anymore.
Most can do the same.
It is funny a bit since my daily production range from 50 kwh at winter to 110kwh at summer time,
then I read about Europe now trying to regulate energy prices for retail users.
They do assume that average European 4 person family consume 5 kWh a day and that is allowance covered by guarantee price.
All above price of energy could hit the Sun and Moon.
But having good quality electric transmission network in Australia create enormous business opportunity.
Having the cheapest energy in the world , green and free that could work for us , and we don't need ( to work) .
Having unlimited supply of electric energy we could decide what we want to do with it.
For example process our ore into value added product. Run computer servers to mint bitcoins or just data centers for Google. Send electric rocket to the Moon and Mars.

Even switch to electric cars for everybody and still will be enough electricity left.
There is also problem with your concept of localized energy production.
Because it means that for most of the time your home solar panel will not be productive and nobody by energy from you, Or pay you penny per kwh,
For example 2c to 6c since real price somebody willing to pay is 20 to 30c.
For example aluminum smelter but the need really bit pipe to suck the juice from multiple suppliers.