Comment Re:What about the open source contributions to dat (Score 1) 21
Comment Re:Corpospeak... (Score 2) 21
Translation: We are looking at our options on how to extract as much money as possible from the users of this software.
Or: We eliminated the positions necessary to merge the changes coming from the outside, and we will support the customers in house, if there are any paying customers at all. After that, we will close the project for good.
Comment Re:If they are thermally efficient enough (Score 0) 118
You could consider the effect of Dunning and Kruger (1999) as a "mental regression to the mean".
Comment Re:Does it matter? (Score 2) 75
Comment Re:Bitcoin does not need Washington to save it. (Score 4, Insightful) 82
Comment Re:Unpossible!11! (Score 4, Informative) 132
And yet it's Iran who can't get any oil out while other countries export millions of barrels a day.
They don't have to. They get $2 Million for each ship that crosses the Strait of Hormuz.
Is that also why they have more inflation per week that America has per year?
They had that inflation since more than a decade, and they did not crumble. Inflation is something a free market economy cares about, but a dictatorship does not have to.
Comment Re:Unpossible!11! (Score 4, Insightful) 132
Comment Re:Induced demand is BS (Score 1) 149
Comment Re: Its very puzzling, isn't it? (Score 3, Interesting) 97
A few rainy days and the economics go sideways.
It does not.
As Google did, you can also do the math. Duane Arnold had a net power output of 581 MW or 14 GWh output per day. To store 14 GWh of electricity right now, you have to pay about US$560 Mio (or $40 per kWh). With the 1.9 billion dollar grant, you could build enough capacity for four days of continuous rain. And differently than a nuclear power plant, this battery capacity could do power arbitrage, charging when electricity is cheap and provide it when prices are high, generating revenue and at the same time damping electricity price pikes and stabilizing the grid.
Comment Re:Induced demand is BS (Score 1) 149
The same happens to businesses. A business incorporated at A might think twice about offering services at B, if roundtrip times are X. But if an additional highway lowers the travel times to X-t, it becomes a business case, until the additional demand has eaten up the advantage, and we are back at X times.