Entertaining knowledgeable extraordinaire, Rebecca Gardner lately debuted her latest inventive idea, the Sugarplum Pop-Up on the St. Regis hotel in New York. 3) 1 kWh of photo voltaic does not displace three kWh of coal. or of nuclear. You might be talking of thermal efficiency, which is already taken into consideration with most other power sources. When a nuclear or coal powered steam plant is rated as 1000 MW, it means it PRODUCES one thousand MW of electricity, (all the time). Typically it’s specified as 1000 MWe (MW electric), versus MWth (MW thermal) which is less ceaselessly specified. That is the crux of the problem with photo voltaic. When a photo voltaic panel says it would produce such-and-such Watts, it does not mean whole electrical manufacturing. First, it’s a peak possible production, with out taking into consideration capacity factor. Then after capacity factor, the efficiency of manufacturing electricity should be factored in. If anything, 0.02 kWh of coal replaces 1 kWh of solar.
I was working for a very big financial institution that had loaned some huge cash to a west Kansas farmer who I’ll call King. King owned or leased several sections (square miles) of land plus the household homestead. My financial institution’s Ag lender gave King a huge unsecured mortgage. Lenders again then were paid commissions based mostly on their loan production. The loan needed to undergo committee, so the Ag man was not the lone screw-up concerned. As soon as we (my division) obtained concerned, we flew to Kansas and obtained mortgages on the owned land and obtained security interests on all of the owned farm gear but not his airplane. We later attended creditor conferences in Omaha and still later Backyard Metropolis, Kansas.
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