STX 6.67% 21.0¢ strike energy limited

Support for domgas review, page-239

  1. 468 Posts.
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    Home solar attracts enormous subsidies...
    Electricity retailers are forced by law to fund 30-40% of the capital cost for private citizens to build their own private solar plant.

    Further, hydrogen electrolysis is at best 80% efficient.
    Gas combustion power generation is at best 60% efficient.
    Therefore you've wasted 52% of the energy you started with.

    That's before we consider the cost of storage, and the significant losses during storage.

    By comparison pumped hydro is in the range of 70-85% efficient.
    Wastage is below 30%.

 
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