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Greg Greg
The Electric Viking
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Comments by "Greg Greg" (@SlowhandGreg) on "The Electric Viking" channel.
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Look up Finish Sand battery the there's loads of heat ones in trail Quote Finnish companies Polar Night Energy and Vatajankoski have built the world's first operational "sand battery", which provides a low-cost and low-emissions way to store renewable energy.
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Tesla last quarter made 30% profit per vehicle a model 3 costs 40k $ so current base cost is 28k and coming down with the opening of more factories as economies of scale ramp up and battery tech gets cheaper and more reliable. This is just the beginning
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Elon recently admitted on SNL that he has Aspergers (higher functioning autism) if he regards the current Tesla battery tech as a breakthrough then it will be for multiple reasons Tesla is where it is today because it's not stuck in a short term loop, you have to say Elon has been exceptionally lucky to get long term backing for his ideas
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If I were still looking ICE motors it would be in the region of using alternate fuels on commercial vehicles, with autonomous driving round the corner its not even clear that owning a vehicle at all is going to be the way for millions
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UK have forward contract price which gives you an idea of cost currently the new Dogger bank off shore comes in at 42p per kilowatt hour pre gas crisis in 2019 the grid price was pretty much the same 38-42 its now something like 4/500 but that's the UK broken energy market our masters went all in on gas and the tariff price is based on gas + they shut down storage based on cost coz you can buy cheap gas from Russia Dohhhhh
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Last mile van delivery will all be EV in the next few years, all new town buses are Electric
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With regard to Bidens comments it's politics, the chamber of commerce in the US has been running anti ev advertising, getting major legacy ice manufacturers on board with flattery and a bit of pork helps get the current bill through the senate and puts pressure on the US COM to change their tune. Tesla don't engage in advertising
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The bulk of car usage is < 60 miles a day, I own an RV your looking at 300 max with a 1//2 hour m way stop. You'd have to have specific requirements to need that you kind of range
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+10% seems a bit low given the cumulative weight plus battery gain
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It's still using lithium while the batteries will be a leap forward what will drive car sales is battery cost rather than size weight
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First off the bill is over 10 years and its already been cut back to just over a trillion and in terms of subsidies I agree with the Elec Viking a graduated subsidy based on % of origin would be a better use of funds. Finally means testing wastes more money than it saves in administration and other costs a well off family may buy 1 EV if there's a financial incentive then the entire family will convert to EV's what we want is gas cars off the road. The US has fallen behind in EV's even though Tesla is a world leader, they have the Tech and the knowhow but like has been expressed here you need it built in the US and its easy for the politicians to let this slide away. The Republicans are beholden to the fossil fuel industry so currently you have 1 side arguing with itself on the best way forward.
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@guslevy3506 You earn more than most multi billionaires
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@PhilCarbone-wt5gj Real GDP growth 2021 - 5.9% 2022 - 2.1% 2023 - 1st Quarter 1.1% 2016 - 2020 (The Trump Years) -3.6% Real GDP accounts for inflation
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@wolfgangpreier9160 EV car production is one of the most automated production lines in the world. and Paying decent wages boosts the economy as well as spuring on innovation and competition
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The chip shortage for many has meant that production of older models has ground to a halt, the older chips tend to be the ones that get cut when demand is high and you've intermittent shutdowns due to the pandemic
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@Patrick-bu5vy That's on the back of them importing with Berlin not even producing yet. Where I live there's been marked increase in Tesla's you see on the road since about Aug/Sept
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@mickzed6393 nearly all journeys are less than 30 miles the ones coming out of Berlin will do 300+ on aa charge? Went to Wales a couple of months ago only did 250 round trip what on earth are you talking about?
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Subsidies? you mean as in tax breaks Let me remind you that worldwide fossil gets trillions in subsidies and an estimated 7% of the worlds GDP is spent on them The amount in comparison spent on renewables is a pittance in comparison
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The issue with Republicans is they keep putting forward ideologues most people are moderate and the GOP are economically illiterate trickle down supply side economics (Reganomics) doesn't work it creates huge wealth inequality If you look at Texas they claim to be no tax which is a complete lie the tax burden is all on sales /property taxes the bottom 20% of the income scale pay 13% the top 5% pay 3.1% If your educated your also more likely to be socially Liberal and prioritise education healthcare and climate change
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@fjalics there's work being done on solid hydrogen fuel cells, the application is thought at this stage to be for heavy machinery very large milage trucking, Sweden and other countries have been developing hydrogen tech for steel manufacturing, when your talking cost wind is now over half the cost of fossil and gearing up for peak you've plenty off peak electricity for say charging cars and production of hydrogen. Battery tech 8s on a roll though you can't see hydrogen in pumps like gas its going to be for specific applications
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Lithium home storage has plummeted in price in the UK
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@dorianshadesofgray so basically you haven't looked up the current storage systems in trial there all quickly scalable The government stick their head in the sand you need to pay for storage which is why we have zero gas storage
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ICE sales will fall off a cliff a large % of people will hang on to thier old vehicle it's not going to be a transition in the 5-10 year sense, either they build new automated plant and get production ramped up or they will go bankrupt There is no brand loyalty if your switching to EV look at Rivian a startup it's producing final mile delivery trucks for Amazon as well as a pickup
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Why are you getting in a froth over American politics? There's currently a game going on in Washington called kill Joe Biden and the Democrats EV push and green agenda at all costs. Most of the stuff coming out is to change perception in the US market
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If they work on major roads and highways you can drop a lorry onto a freeway have it self drive to a pick up point a couple of hundred miles away.
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@Discoworx renewables lend themselves to decentralised mesh networks using domestic batteries for grid smoothing takes away a lot of issues with new powerlines and grid scale storage. What you want is a mixed system Currently the fossil companies are fighting tooth and nail to stop it happening, the worldwide fossil subsidies last year was calculated at 7% of global gdp
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@Discoworx current nuclear costs x 4 the price of renewable and a lead time to build of 12-15 years In the last 10 years the cost of renewables has dropped by 95%, while I don't expect the same again battery prices should hit the 90% mark Nuclear is cost wise on par with hydro and tidal both have a 100 + year life span and NO decontamination issues or costs
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@Discoworx you can run tidal like offshore wind using a slow moving blade like proppelor Their are some trail installations but we haven't invested in it, private companies won't it needs government backing once fully developed it would be an export hit If you install domestic and grid scale batteries you change the demand curve lowering costs by at least 1/2
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@Discoworx Hinkley C is now in it's 12th year of building isn't due to be opened for another 3 years and will have a total cost over 35 years including 40 billion in subsidies of 80 billion. The electricity it generates will cost 3.5 times as much as that from the newly opened Dogger bank offshore. To remove peak gas standby plant and replace it with mass storage would cost 30 billion. It would save 30 billion in energy costs in 12 months and every year there after. Octopus offer an overnight rate of 7p per Kwh instead of the daily rate of 20p I have home solar and batteries and any grid electricity I consume even in winter is at the 7p rate. The reason the overnight rate is so cheap is our energy consumption is up to 75% less in the middle of the night as to peak time of 4-7pm with usage being described as a Duck curve. Wind and Nuclear are always ON and it pays to offer people incentives to time shift consumption away from peak periods. The flatter and fatter the duck curve is the cheaper the electricity becomes
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@Leo555ZZZ your sentence makes zero sense do you want to reword it?
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If Shell are investing its more than likely they see this tech as a storage bridge to running recharge points. Shell have already said there making a lot of money from car charging, people forget charging stations have large battery capacity for the on/off demand
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The deal with the EU finishes in 2026 at which point all uk exports to the EU must meet the 60 % threshold of made in the UK The uk doesn't have a battery plant Labour are more pro EU so something maybe worked out but large manufacturing is dead in the UK till we have access to the single market
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@SaraSara-kr6sp They can reduce the retail price for a start there making 30% profit at the moment you'd expect 10%
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@SaraSara-kr6sp competition benefits everyone, the reason the US is sliding down the way it is is lack of competition, regulatory capture by monopolies. A vibrant company 8s one that is trying to stay ahead with innovation not using its market dominance to buy out its rivals and sink into a monopolistic spiral
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@SaraSara-kr6sp Constant competition drives innovation one of the problems with western economies is the growth of near monopolies that stifle innovation and use money that should be used for R&D to pay off governments to turn a blind eye to uncompetitive practices such as killing emerging companies that may compete. Tesla is wining by innovating always staying ahead of the market by a good few years and therefore creating a bigger overall market, everyone wins.
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This space is gone for anyone that didn't start 3/4 years ago you can't buy time no matter how much money you throw at it
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Such as take on Elon's Libertarian nutball ideas?
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@ogzombieblunt4626 Trickle down was insane to start with the fact you could sell it to a public just shows how dumb some people are
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@avgjoe5969 speech is never free there's always a price
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@icosthop9998 pretty delusional speel there peppered with right wing hate speech given the fastest growing economy in the G7 despite all the odds But hey you want a toilet economy vote Republican you want recession vote Republican you want lower wage growth vote Republican you want higher unemployment vote Republican
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@icosthop9998 Elon is Autistic his view of the world is odd its unrestricted by boundaries of time and imagination If your talking to him it's vital you keep him on track and engaged and able to see the minutiae of details that can distract him As far as I'm aware he's a good boss with good perks for his staff he doesn't see though a time when his company is the usual bloodsucking corporate behemoth
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@icosthop9998 twitter isn't left wing it bans insane shit the hard right seem to indulge in on a daily basis such as Ivermectin, Italians used a sattalite to steal the election etc
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@JakobFischer60 There may well be a labour shortage but if your paying decent wages and conditions you'll get the staff. If you try and foster a sense of community at these new facilities and factories then you'll get people queuing up to work there treat them like a commodity to be dumped at the first whiff of cheaper labour elsewhere and you'll have a rolling labour shortage.
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@strictnonconformist7369 your looking at increases in more localised jobs if you move from fossil fuel to greener electric a fair percentage needs creating in a decentralised way. Your also needing more tech workers plus other skilled people and so the cycle continues they generate service jobs etc.
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Here's an interesting podcast on hydrogen https://youtu.be/ztb5kmVs6FQ It's from the angle of a complementary fuel and looking at heavy industry plus long distance
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@kalex381 I get cheap renewable power I'm with octopus if you have a solar / battery system you can fill up on cheap overnight renewable energy. Standard tariff 24p per kwh Overnight tarif 13p Off-peak 21p Overnight ev tarrif 7p
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@kalex381 our standard price is high because we don't have mass storage to flatten the demand curve but use standby gas peak generation at eye watering costs This year the uk government zero rated batteries bought as part of a solar install, just had mine fitted, I don't use grid electric between 4-7pm now and have access to cheap overnight tarrifs
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@kalex381 a renewable grid is miles cheaper than one based on fossil Reason Air and sun are free so cost benifit over time increases Fossil increases over time as costs of extraction processing and transport increase x inflation + Wind is always on you put mass storage on strategic grid nodes to remove eye wateringly expensive gas peak plant
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Billionaires are fuming over Biden's tax plans to claw back money pumped into the economy during COV and it's also said there rallying behind getting every piece of climate legislation dismantled. Think not what you can do for your country but how much you can personally take from it ahh the greed goes unbounded Days after laying off 14,000 people Musk has his board of sycophants try to reinstate his $56 billion pay deal
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I Don't invest in specific stock but in equity and multi asset funds while the bulk are in the tech sector it spreads the risk as such I've a stake in Tesla but as the result of an overall pot. Thanks for the video
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