thelastgallon
8 hours ago
Any country that keeps gold in US or dollar reserves may end up looking very foolish. Sanctions and asset (financial and real) forfeitures coming soon to a country near you.
The simplest and easiest geopolitical strategy that is available to any country: switch completely to renewables (solar, maybe wind), EVs, green hydrogen/ammonia and synthetic fuels. Keep out of oil and natural gas. Keep out of dollar system. Any country can be immune to geopolitical drama, dollar shenanigans. Remember China has export restrictions on oil. When things get tough, most of the oil countries (with refining capacity to export) are going to have export restrictions. Thats the only way to deal with the mobs in their own country.
From: https://www.youtube.com/shorts/KPq7jyQcemA
Richard Campbell: Politicians aren’t going to do things that aren’t popular, so we have to make these solutions popular for there to be a chance to build political will.
Richard Campbell: Corporations are inherently conservative, and power companies doubly so. Until there is a public groundswell demanding these changes, they won’t act. It’s up to us to make enough noise and show that these are good solutions worth pushing forward.
jacklbk
7 hours ago
> switch completely to renewables (solar, maybe wind), EVs, green hydrogen/ammonia and synthetic fuels
You think other countries can't restrict those things? Restricting components related to those things will work just fine.
By the way, you can never switch completely to just renewables, it doesn't scale that well. They are simply too inefficient, unsecure, to "switch completely" in a country scale. Maybe just your house or some districts. You still need coal/gas/nuclear to maintain the power grid.
Oil is needed for many components inside stuff you mentioned. Oil is a must in military. If you want clean, abundant, cheap, secure energy, invest in nuclear.
Everything has tradeoffs. Diversify it.
thelastgallon
an hour ago
> By the way, you can never switch completely to just renewables, it doesn't scale that well.
China is scaling, so is Australia, quite possibly other countries. We'll know when they hit the limits and stop deploying more solar.
Solar is dirt cheap (1200x cheaper), batteries are getting cheaper by the minute.
If you are rational thinking person, would you bet on technology that increases in costs over time or gets cheaper over time?
> invest in nuclear.
There was a time many decades ago to deploy nuclear at scale. Fossil fuel shills used 'environmentalists' to shut down all progress of nuclear. Now, they use nuclear again to slow down solar and wind. Just wait 30 - 50 years, we'll have a proper solution.
I do agree with you on nuclear though, countries should invest in nukes for security. All countries should invest in nuclear, it provides both energy security and real security from mischievous actors.
epistasis
an hour ago
This is a very out of date option.
Look at any recent data, and you'll find that renewables scale fantastically well, are super cheap, and even today as they are the cheapest source of energy, they continue to get cheaper.
Meanwhile nuclear, even in France, is an example of "negative learning by doing," where it gets more expensive as time goes on.
Even China, the best builder out there, is only doing a token amount of nuclear compared to renewables and batteries. And no advanced economy is going to be able to build nuclear as cheap as China; our labor costs are too high and construction logistics are not good enough.
> You think other countries can't restrict those things? Restricting components related to those things will work just fine.
This is of course very wrong, there are very highly diversified sources for all these things, more and more are coming online.
Nuclear is in far more dire straits along those lines than renewables, there's more constrained supplies, a shrinking number of people building the supplies. The US didn't stop importing uranium from Russia until a 2024 ban...
ReflectedImage
3 hours ago
This is suppose to be a tech forum.
With enough solar panels, wind turbines and batteries it's completely possible to run an countries grid off renewables.
Right now the costs for doing so are around the same as the costs of running an oil / gas / coal power grid.
For the average country, not slowly switching over is basically madness.
unrented7977
3 hours ago
There aren't enough batteries and wind turbines, though, and it will take many years for them to be built
epistasis
an hour ago
Yes, switching energy sources takes a while, but the energy system is being completely rebuilt anyway as equipment ages out, so you need to be continually doing this anyway.
None of the actions that countries are taking to decouple from the US happen over night.
The US has destroyed its privileged position among nations, but the effects won't be visible for a couple more years.
garte
3 hours ago
it takes at least 20 years to build a nuclear power plant and it takes another 20 to build it back. it costs a multitude of resources and money to build, maintain and tear down compared to renewables.
nuclear has its role currently but it's not the future.
surgical_fire
6 hours ago
> You think other countries can't restrict those things? Restricting components related to those things will work just fine.
Eh, once you have built your grid in solar and wind, you don't really depend on the countries that sold solar panels and wind turbines for you. Those last for a long time, long enjoy that you can even spin up manufacturing yourself; it's not really something inscrutable.
There may be an argument that depending on the state of the world that raw materials to manufacture some of those things may become more complicated to access, but that is true even for countries that currently make those.
> If you want clean, abundant, cheap, secure energy, invest in nuclear.
Absolutely, yes.
Energy should be abundant and diversified.
audunw
3 hours ago
There’s a huge difference in relying on others for daily fuel/fertiliser supplies for your survival, and relying on them for parts for vehicles/infrastructure that can run for decades.
There’s also the fact that EV batteries - and many of the other components in this plan - can be recycled. Once the transition is complete I expect larger regions (ie Europe, but maybe not an individual European country) will be self sufficient in their materials.
> By the way, you can never switch completely to just renewables, it doesn't scale that well. They are simply too inefficient, unsecure, to "switch completely" in a country scale.
You absolutely can. This is a completely outdated idea by this point. We have all the solutions we need. What’s more, if you switch to electricity for industrial heating, metal production and fertiliser production, you will have ALL the buffers you need to absorb fluctuations in renewable energy and more. Especially for heating solutions - storing energy for months is trivial. Most people aren’t aware that just dumping excess energy in geothermal wells in summer has become fairly common in the Netherlands. Especially Americans live in this bubble where they have no clue about solutions that have become commonplace and widespread in other countries.
> Oil is needed for many components inside stuff you mentioned.
No. Oil is just hydrocarbons. It’s not a magical substance. The only thing that’s hard to replace is the longer hydrocarbons. But we’ve been forced to do deal with that anyway due to better vehicle fuel economy (the amount of bitumen you get when refining enough oil to drive a car X km is going down, giving you less bitumen to pave those X km of road).
> Oil is a must in military.
I’ll give you that. For a while. Though the quantities are smaller. Any reason to think Europe couldn’t be self sustained for that purpose?
I suspect advancements will reduce need for oil there as well over time. We can already synthesise jet fuel.
> If you want clean, abundant, cheap, secure energy, invest in nuclear.
It’s not the magic bullet people think. There have been huge supply chain issues with nuclear as well. Though at least you can fairly easily build up a supply of fuel that can last a decade or two.
The main issue that nuclear isn’t cheap enough to be a part of a full decarbonisation solution. We need the dirt cheap intermittent excess electricity from renewables to make decarbonisation of fertilisers and various industrial processes viable. We have started to get the first local self sustained renewable ammonia production plants for fertiliser recently - and they’re generally tied to local renewable electricity production. The cost of the electrolysis and storage solutions for making hydrogen keeps going down, so it’s increasingly viable to produce hydrogen intermittently and store it to use when electricity is more expensive.
I like nuclear. But it’s not essential, and will probably not be competitive barring a huge breakthrough. And no, SMRs are not it. The way to get the cheapest nuclear is to build the biggest reactors. Same as with wind turbines. The scaling laws favour bigger designs (energy production scales with volume, costs roughly scale with reactor vessel surface area)
euroderf
2 hours ago
> The simplest and easiest geopolitical strategy that is available to any country: switch completely to renewables (solar, maybe wind)
This lessens the impact of attacks on transformers too. A serious point of vulnerability.
hurril
8 hours ago
Easiest. If that is the easiest way you see I am afraid to ask what the harder alternatives would be.
XorNot
8 hours ago
How is it hard? It's difficult to build electrical generation these days and not go renewables because they're so cheap and fast to deploy.
It's not a total solution, but market forces wise everything says "build solar and batteries with your money". Governments practically don't need to do anything for this to be the default.
hurril
6 hours ago
I am a non-hater of renewables. I add this because in plenty of _your_ circles, you are either all in on renewables or you are a coal thumper, basically. I am neither. We need to add nuance by complicating this conversation.
The main problem of renewables is that it is intermittent and that fact remains to be solved. I want this solved or at least improved because it is the bottleneck. In fact, it is such a bottleneck that its energy generation factor is noted as 1:10, i.e.: a power plant rated at 100MW, registers as 10MW in comparison to nuclear and hydro (and obviously coal and gas.) So this means that to add a 1MW worth of energy generation to the grid, 10MW must be built.
Another problem that hits wind farms is that when there's wind blowing somewhere, it tends to blow everywhere, or some large area. So suddenly there is too much energy want to flow in to the grid which hits the core of the problem with grids at this point because energy that is inserted into it, must be extracted to the exact same magnitude at the same time. So a 100GW demand must be met by 100.0GW production. Now if 110GW is produced, something _MUST_ consume it, so there are two choices:
1. make someone consume it, i.e., sell it to them. They have to buy it so the price will drop until there are enough buyers and this does not stop at 0, prices will go in to the negative. So the market will pay you to use electricity. The market. Or:
2. shut off the power plants until we are back at 100GW (or whatever can be met by consumption.)
3. there is also a catastrophic third option. If you have a situation where too much energy (read power if you want to) is inserted into the grid, then its frequency will rise, this damages the infrastructure and connected consumers, so they will get disconnected. Read large and broad power outages. These situations are also non-trivial to recover from. I.e.: to "restart the grid" afterwards. See what happened in Spain last(?) year.
How do you run a power plant in a market that demands payment to accept the energy you want to sell? You cannot. So this is the windfarm paradox, feel free to compare to Russel's paradox. It goes something like this:
A windfarm makes money whenever the wind blows because only then does it have energy to sell.
A windfarm cannot make money whenefer the wind blows because then the market price goes to zero.
So a windfarm makes money when the wind blows and does not blow at the same time.
To solve this problem, energy consumption must be made capable of also being intermittent. Either run "factories" intermittently, which might very well be part of the solution. And/ or, have huge accumulation capacity in the grid that can swallow the over generation.
TLDR: renewables is the easy answer but very hard thing to do. The hard answer is the one I have given, together with getting more nuclear going which is difficult and expensive. But.. what can we do?
digdugdirk
4 hours ago
It sounds like your issue is with capitalism, not with renewable energy. Luckily, we have plenty of examples of aspects of society that have been deemed too important to leave purely to market forces. In fact, electricity generation is already (mostly) one of them.
As solar and batteries become even cheaper (we're already at the point where they're cheaper than anything else) we can just choose to overbuild capacity and turn down/off whatever other generation isn't necessary at any given time. Utilities already have to predict grid usage based on weather and all sorts of other factors, so it's not like this isn't something that isn't already happening.
hurril
2 hours ago
What? Absolutely not, I love capitalism. The problem is that it is suspended when it comes to the wind farms, they are pretty much always heavily subsidized and on a socialized loss scheme at that.
And no, I have no problem with renewables either.
If your conclusion from reading what you said is this, then you did not read because I said the exact opposite.
danaris
6 hours ago
> The main problem of renewables is that it is intermittent and that fact remains to be solved.
It is solved.
Grid-scale batteries are being mass-produced today.
It will continue to get even better, but it is reasonably well solved even now.
hurril
2 hours ago
No it is not solved. Grid-scale batteries are absolutely not being mass-produced today. Let's stick to the truth here.
I would LOVE for this to be the case, however. Adding this again so that I am not lumped together with the coal thumpers.
What exists, TO BE BUILT that is, is battery farms, sure, but they are nowhere nere big enough. They are nowhere nere close enough to compensate the factor applied to wind farm energy generation. But let's hope good progress can be made in the accumulation aspect of intermittent energy production.
raffraffraff
5 hours ago
This sounds like my friend Mick who developed a gambling habit, but assured me that his method was flawless. If you lose, double your bet next time to cover the loss. If you lose that one, double it again. You can't keep on losing.
Lio
4 hours ago
Sorry I’m not quite following what point you’re trying to make.
Throughout my life the cost of renewable energy generation and storage has been dropping exponentially whilst growing in capability.
That’s been happening for decades now.
The cost of fossil fuels just keeps rising with spikes every time someone starts a war.
Fossil fuels are already far more expensive. In 10 years no one will consider them seriously and in 20 years they’ll be a specialist novelty used by museums to run classic cars.
ifwinterco
8 hours ago
Batteries don't solve the storage problem, but surely you know this.
China is pursuing the strategy you're describing, but there's a reason they're also building nuclear, they're increasing LNG infrastructure, they haven't phased out coal, and they've built a huge amount of oil storage.
Solar and wind can be part of that strategy but it's not so simple, otherwise people would do it
locknitpicker
7 hours ago
> China is pursuing the strategy you're describing, but there's a reason they're also building nuclear, they're increasing LNG infrastructure, they haven't phased out coal, and they've built a huge amount of oil storage.
This opinion is rather simplistic. China is reported to have 60% of it's energy needs already supplied by renewable sources, but this transition creates different types of challenges such as preserving the power grid's inertia. Otherwise you might see yourself in a scenario such as the Spanish blackout. This means having in place strategies for fast response (gas) and baseline (hydro storage, nuclear) to prevent the scenario.
dv_dt
7 hours ago
batteries are the fastest response power. gas is high maintenance, & bad capex as an intermittent source.
locknitpicker
2 hours ago
> batteries are the fastest response power. gas is high maintenance, & bad capex as an intermittent source.
Batteries have a limited capacity and have a higher investment cost. Gas is the standard option for fast response. Pumped-storage hydro has by far the highest capex and has a heavy environment impact.
It's baffling how people show up in this sort of discussions arguing that standard tried-and-true strategies somehow don't work. Quite odd.
dv_dt
an hour ago
Batteries and solar have been beating lifetime cost of fast response gas turbines for five years or more. Now with uncontrolled fossil fuel cost spikes the operating costs of gas are highly variable compared to the pretty much flat investment and operating cost on battery + solar. if one were comparing battery plus renewables for full seasonal offsets are tighter, but the costs are so much lower, you can provision more and plan to dump power in the summer (or maybe not as this last long hot fossil fueled climate change summer will drive new demand for a/c)
watwut
7 hours ago
Bateries do solve storage problems. And yes, china energy strategy is based on wind and solar - their portion of China energy production is massively growing.
ifwinterco
4 hours ago
Batteries can solve short term (days to a week at most) storage problems, they don't solve seasonal storage problems - making sure you have enough energy all the way through a cold, not very sunny, and not consistently windy winter.
If you don't believe me, run the numbers of how many kg of lithium batteries China would need to supply an entire week of energy in the middle of winter (all energy, not just current electricity demand, because in this scenario we're assuming everything is 100% electrified).
Also if you're potentially going to be fighting a war, you need more energy, not less, and it's even more important for it to be reliable year-round.
This is why China is doing what they're doing, they're not idiots and they know that wishful thinking is not a strategy
watwut
3 hours ago
You dont need "very sunny" for solar to work. If you need to invent dark windless winter to make a non existent issue maybe you are just too deep in bullshit.
AnimalMuppet
an hour ago
You forget about trade. Any country can be immune to geopolitical drama if they don't depend on others for energy or finances, or food, or steel, or electronics, or...
To be immune, a country needs to be self-sufficient in everything it can't do without: food, energy, raw materials, manufactured stuff, military hardware, financial services. Plus it needs to have a strong enough military to defend it all. That's non-trivial to achieve. It's far more than just energy self-sufficiency.
expedition32
5 hours ago
It was a strategic decision during the cold war. Presumably if the USSR invaded Europe would be occupied. The gold would be used to fund the resistance.
matkoniecz
7 hours ago
> Any country can be immune to geopolitical drama
that is sadly not true, if you have a powerful or determined neighbor they can invade you which definitely qualifies as geopolitical drama
and moving country to get far away from say China or Russia is far from trivial