Saudi Arabia claims 'record' low price as Marubeni wind power deal hits $15/MWh (www.rechargenews.com)

submitted 1 month ago by PanArab@lemm.ee to c/technology@lemmy.world

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[-] Darkassassin07@lemmy.ca 11 points 1 month ago* (last edited 1 month ago)

Record for Saudi, or record in general...?

'Cause I'm currently paying (CAD) between $109.7 and $140.8 (so USD $79.9 - $102.5) per MWh.

Edit: Damn it, I shifted a decimal in the mental conversion from KWh to MWh. Fixed the values above. (10x)

That Saudi power is much cheaper than I thought...

[-] saltesc@lemmy.world 16 points 1 month ago* (last edited 1 month ago)

I'm enjoying solar on my Australian roof.

Don't understand why the fuck we're investing so poorly in solar farms and everyone just complains about price of electricity. We're the sun cancer capital of the world; when life gives you sun, clear skies, and a thinned ozone layer, make electricity!

[-] incompetentboob@lemmy.world 4 points 1 month ago

Genuine question, where in Canada are you getting that price and is that including the Demand charge?

Cheap power in Canada is something I would genuinely be interested in

[-] Darkassassin07@lemmy.ca 2 points 1 month ago* (last edited 1 month ago)

Southern BC.

Not sure what you mean by demand charges. Additional cost for peak hours perhaps? Not really a thing where I live.

Energy is billed at the lower of the two numbers I gave for the first ~1.4MWh, then the rest is billed at the higher rate. (metered between two months) It doesn't matter when you use the energy.

Aside from the energy costs, there's a ~$0.22/day base charge and 5% gst. That's it.

Edit: (see the edit in previous comment)

[-] Jolteon@lemmy.zip 2 points 1 month ago

Southern BC is very close to the American Pacific Northwest, which is full of hydroelectric dams.

[-] Darkassassin07@lemmy.ca 1 points 1 month ago

Yup, but we have quite a few of our own as well. Taking advantage of the Rocky Mountains above and below the border.

[-] WallEx@feddit.de 3 points 1 month ago* (last edited 1 month ago)

Paying around 300€/MWh in germany ...

But also we have well insulated houses, so its not that bad (i think). I am paying around 100 bucks for electricity and gas for one person.

[-] swicano@kbin.social 2 points 1 month ago

You pay <1c /Kwh ?! That's crazy, we're 10x that here in the southeast US and I thought ours was pretty cheap

[-] Darkassassin07@lemmy.ca 1 points 1 month ago

I shouldn't do math late after work....

(see the edit above)

[-] plz1@lemmy.world 2 points 1 month ago

Cries in USA, paying $230/mWh. At least solar effectively zeroes out my usage via net metering, in the warmer months.

[-] Grippler@feddit.dk 5 points 1 month ago* (last edited 1 month ago)

paying $230/mWh

That's milliwatt hours, and not megawatt hours. Capital M for mega, lower case m for milli in units.

Or maybe prices are just 230.000.000.000 USD/MWh...do you happen to live in Texas?

[-] Retiring@lemmy.ml 1 points 1 month ago

These are wholesale prices. Not for consumers. Consumers always pay a lot more (about 10x)

[-] noxy@yiffit.net 8 points 1 month ago

Jamal Khashoggi.

[-] Retiring@lemmy.ml 7 points 1 month ago

Paywall

[-] PanArab@lemm.ee 2 points 1 month ago

https://archive.is/2024.05.24-022620/https://www.rechargenews.com/wind/saudi-arabia-claims-record-low-price-as-marubeni-wind-power-deal-hits-15-mwh/2-1-1647186

[-] Retiring@lemmy.ml 2 points 1 month ago

That doesn’t really solve the problem. But thanks anyway, worth a try, I guess.

[-] PanArab@lemm.ee 1 points 1 month ago

My bad. I tried to archive it but it didn’t work

[-] Retiring@lemmy.ml 1 points 1 month ago

That doesn’t really solve the problem. But thanks anyway, worth a try, I guess.

this post was submitted on 23 May 2024

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