BC FUTURE POWER
Saved by @dhirajsingh1206

Can marketing gimmicks and hysteria trump over physics and bad economics? It certainly can in India and many other countries. But let’s take India. Consider this: India’s total solar capacity is 40,000 MW. Excluding roof top & off grid, the ground mounted solar is 35,000 MW 🧵

 This on-grid ground mounted capacity is spread over 210,000 acres or 850 square kms. For perspective, Mumbai’s land area is 650 square kms. 1.3x! If you fill the whole of Mumbai with solar panels plus an additional 30% of Mumbai, you get 35,000 MW - our current solar capacity
Now consider this. The unsung hero that is Nuclear. If you move all of India’s 22 reactors (7500 MW) to Mumbai, it will fit into just 1000 acres. 50% of Bandra.
So, this gigantic solar capacity must be producing insane amount of power for us right?

Units produced last year by our:
Solar - 50 billion units
Nuclear - 43 billion units

Greater Mumbai’s annual electricity requirement - 21 billion units!
Meaning 40% of India’s total solar capacity is enough for just one city. Solar needs 180x more land to produce 1 unit of power versus nuclear! This may not seem apples to apples because as a ‘hot’ country we need to exploit 300 days of sunshine isn’t it?
Our solar must be producing more power compared to say solar in Germany given our weather conditions? Both India and Germany have similar capacities in solar. Germany (10 degrees celsius average) produced 50 billion units. India (25 degrees celsius average) produced 50 bn too!
Hey this is a price that needs to be paid for ‘clean and green’ energy. But wait..

https://t.co/YjGcjPhmo3
“From elevating temperatures locally to increasing water stress and alienating crop or grazing lands, solar power plants will remain false solutions that cause more problems than they solve unless they are subject to stringent environmental due diligence and public critique.”
https://t.co/9d1azJUfCx
Lastly, the industry’s little secret. What happens to the panels after it’s estimated life of 25 years?

https://t.co/clac1xyjpr
"By 2035, discarded panels would outweigh new units sold by 2.56 times. In turn, this would catapult the LCOE (levelized cost of energy, a measure of the overall cost of an energy-producing asset over its lifetime) to four times the current projection.”
Solar’s close companion Wind is no angel. Thousands of tons of turbine blades will end up as land fills in India. Fossil fuels are demonized as it is easy to quantify the emission when coal and gas are burnt. Wind and solar get away with murder due to perceived ‘greenness’.
National Solar Mission wants to achieve 100 GW which means 2 more Mumbais full of panels that could’ve otherwise been used for nature. Instead 10xing our amazing nuclear capabilities with a fraction of land would enable cheap, plentiful, reliable and green energy.
More renewables = More CO2.

#Makenucleargreatagain

END

Source: CEA, NPCIL, https://t.co/PCTatBY23h
My thread on why nuclear: https://t.co/J9bMxmXvgs

You May Also Like

Homestays & Villas
Homestays & Villas
@thehomestays
Best resort on the Ganga at Rishikesh
TRAVEL , TRAVELINDIA , PLACES 2TRAVEL
Techno Funda Investing
Techno Funda Investing
@TechnoFunda6
Thread 🧵explaining #ROE & #ROCE and its use in #FundamentalAnalysis

(Must read for #FA learners)

🙏Like & RT to spread learning with all 🙏

Views Welcome 👉 @dmuthuk @Vivek_Investor @datta_arvind @caniravkaria @FI_InvestIndia @AdityaD_Shah

#FundamentalAnalysis #StockMarket


1⃣

Return on Equity (#ROE) and Return on Capital Employed (#ROCE) are two important Financial Ratios used in #FundamentalAnalysis of Stocks.

#StockMarket #Investing

2⃣

Return on Equity (ROE) is the ratio of Net Income (Net Profit) of a company and it’s Total Equity (Shareholder's Equity).

Here - Shareholders Equity = Share Capital + Reserves & Surplus.

#StockMarket #Investing #FundamentalAnalysis


3⃣

#ROE is a measure of how much net profit a company is making for every rupee invested by its shareholders in the company.

It can be said that higher the ROE, better it is for the equity shareholders. It tells shareholders about how effectively their money is being used.

4⃣

However, you should not trust high ROE blindly. Biggest drawbacks or weaknesses of ROE is that it completely ignores debt.

Hence for companies having high levels of debt, ROE will give a higher but misleading value & therefore we need to look at #ROCE along with #ROE.
ACCOUNTING , FUNDAMENTAL ANALYSIS , ROE VS ROCE ANALYSIS
Advertisement
Chris Herd
Chris Herd
@chris_herd
I've spoken to 1,500+ people about remote work in the last 9 months

A few predictions of what is likely to emerge before 2030

[ a thread ] 💻🏠🌍

🚜 Rural Living: World-class people will move to smaller cities, have a lower cost of living & higher quality of life

These regions must innovate quickly to attract that wealth. Better schools, faster internet connections are a must

⏰Asynchronous Work: Offices are instantaneous gratification distraction factories where synchronous work makes it impossible to get stuff done

Tools that enable asynchronous work are the most important thing globally remote teams need. A lot of startups will try to tackle this

⚽️Hobbie Renaissance: Remote working will lead to a rise in people participating in hobbies and activities which link them to people in their local community

This will lead to deeper, more meaningful relationships which overcome societal issues of loneliness and issolation

🌍Diversity & Inclusion: The most diverse and inclusive teams in history will emerge rapidly

Companies who embrace it have a first-mover advantage to attract great talent globally. Companies who don't will lose their best people to their biggest competitors
REMOTE WORK
Guillaume Chaslot
Guillaume Chaslot
@gchaslot
The YouTube algorithm that I helped build in 2011 still recommends the flat earth theory by the *hundreds of millions*. This investigation by @RawStory shows some of the real-life consequences of this badly designed AI.


This spring at SxSW, @SusanWojcicki promised "Wikipedia snippets" on debated videos. But they didn't put them on flat earth videos, and instead @YouTube is promoting merchandising such as "NASA lies - Never Trust a Snake". 2/


A few example of flat earth videos that were promoted by YouTube #today:
https://t.co/TumQiX2tlj 3/

https://t.co/uAORIJ5BYX 4/

https://t.co/yOGZ0pLfHG 5/
TECH , FLAT EARTH
Raman Shalupau
Raman Shalupau
@ksaitor
Maker movement is doing to startups what startups did to corporations.

Here is why 👇

Startups fixed the problem of innovation, that corporations lack.

In big, slow corporations, innovation is a RISK and distraction from the core $$$ profitable business.

Agile startups could launch, iterate fast and eventually stumble upon new growing market opportunities.

However,

When a startup reaches product-market-fit, it has to 🚀 "grow at all costs" and reach market dominance before some giant corporation can replicate their new product and distribute it to their existing giant customer base.

Startup's "growth at all costs" often means growth at the expense of charging customers $$$ money.

Hence, to be sustainable, startups have to constantly chase investor money.

Startup teams spend more time finding and pleasing investors, than finding and pleasing customers.

95% of startups die because they run out of (investor) money + no business model + crazy investor expectations.

Same way corporations die, when unable to adjust to new technology and market shifts.
MAKERS