Comment Re:No. [Trains can't win?] (Score 1) 152
It needs to be profitable because it needs to generate enough economic activity directly (in ticket sales) or indirectly (by increasing taxable income) to produce/expand/maintain the system.
It needs to be profitable because it needs to generate enough economic activity directly (in ticket sales) or indirectly (by increasing taxable income) to produce/expand/maintain the system.
Investor momentum is shifting, and smart money is chasing startups like Commonwealth Fusion Systems and Helion (among others; however, they seem to be the front runners).
Renewables are and continue to be one of the most expensive power generation options on the market (I keep looking for signs that that has changed, and I see nothing on the market today that tells me otherwise). Even novel fission technologies such as SMRs MSRs threaten it from a cost angle (ignoring regulatory costs, which is why MSRs in particular seem to thrive in environments where regulations are non-existant or are "flexible"). Working fusion reactors would beat everything else on the market on a cost basis and could plug right into the grid, no problem. Fabricating the reactors may be expensive initially until economy of scale kicks in for individual parts, though honestly if you think companies for CFS and Helion haven't already addressed that in some fashion, I'd say you're nuts.
Keep your eye on Commonwealth and Helion. Things are changing.
Nobody's really brought a radically more cost-effective energy source to challenge fossil fuels. Nuclear and renewables have their advantages, but cost isn't yet one of them.
If you follow the markets day-by-day, crypto often follows the market, at least when it dips. The swings are different and the magnitudes are different which is why you see the different deltas from ATH. But the stock market is definitely not using crypto as a leading indicator as stated in the summary.
At least you can get rid of the solar sails once you don't need them anymore . . .
Assuming we don't kill one another in a massive war, odds are looking good for nuclear fusion to take over, destroying most of the existing energy market (including fossil fuel providers). That much cheap power would give us better ways of handling atmospheric CO2 levels.
Crypto is (for whatever bizarre reason) following the stock market, not vice versa.
No. Just no.
Why do we get submissions bragging about renewable capacity expansion and/or generation milestones? Where are the submissions boasting of everyday Britons saving money from their power bills being lowered by these installations? For the average consumer (and the economy of a nation), cost is the biggest factor.
Maybe Indonesia and Iran should move their capitols to Flint, MI!
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