Comment Re:How about... (Score 1) 617
If you are not giving credit for D's, explain the difference between a D and an F.
If you are not giving credit for D's, explain the difference between a D and an F.
You beat me to posting this calculation. However you are calculating revenue as the ROI and not profit. They still have to operate the plant and pay the distribution costs. This will lower their ROI significantly. If they are making a 10% profit, which I think may be high, then the profit at $.10 becomes 1 cent per KWH. If you wanted your money back in 20 years, you would have to make a profit of $.17 per KWH.
60Million/20 years = 3M per year
3M/365 Days = $8,220 Profit a day.
$8220/ capacity of 50,000 KWH per day = $.16
This means you have to charge more than twice the going rate for electricity. Eventually, as fossil fuels become more scarce, this will be a cheaper way to make power. I suppose that it is 60M well spent on R&D.
They are not dreaming. Look at the Arduino project (http://www.arduino.cc/). This is an open source hardware project. All OSHW means is that anyone can make it.
An example in hyperbole:
I have a petition in my hot little hands that asserts that I should be made supreme commander of the earth with authority to decide who lives and who dies. It is signed by over 4 Billion people, all of whom wish to remain anonymous. Can I have my throne now?
"Ninety percent of baseball is half mental." -- Yogi Berra