So possible there is some money about.
An average U.S. household uses about 10,000 kilowatt-hours (kWh) of electricity each year. A watt is a unit of power, or energy per unit time, so it's the rate at which energy is being used. A kilowatt-hour (or 1000 watt-hours) is a unit of energy, so 10,000 kWh is how much total energy each household uses over the course of a year. (America)
This means that each household, on average, uses energy at a rate of about 1 kilowatt (1000 watts, which equal to ten 100-watt light bulbs). ( 10 x 100W panels in day time.)
One megawatt is equal to one million watts, so for one instant, one megawatt can power 1000 homes.
A better question to ask is how many homes can a megawatt-hour (MWh) provide with energy for one hour? If one home needs 1 kWh of energy for one hour, then 1 MWh of energy can sustain 1000 homes for one hour. (American homes which use 10 000 kWh per year.) http://www.answers.com/Q/How_many_homes_can_a_megawatt_power
This means a solar plant of 600 MW can sustain 600 000 houses with full sun.
An australian house uses 5 800 kWh per year paying about $1700 annually. So in Australia that same 600MW's could supply about 1 million homes. So household consumes on average 6 100watt lights on every hour.
In Australia we use on average 15 kWh's per day (5800 kWh's divided by 365 )
Thats 0.6 kW per hour.
After one yr of production at the Mersing plant( or one in Oz) we have a 600 MW solar farm or 6 million 100 Watt panels)
Solar storage cost for night operation.
Estimating the average house could consume about 7 kWh's overnight.
( 7 kWh x 1000 000 homes = 7 000 000 kWh each night )
Its estimated that by 2022 battery storage will be reduced to about $100 US per KWh
Thats 700 million dollars to cover a million houses. ($700 each)
Spread that 700 million over the life of the battery (10 yrs) 3650 cycles ( the batteries do 10 000 cycles in theory) thats $70 US ( say $100 aust) per house per yr ! ( my own storage here with lithium electric car batteries is $300 per year) $3000 spread over 10 yrs.
In 2014 we know the averged house bill was $1700 aust
($1700 x 1 million houses = $ 1 700 000000 revenue per year)
Yep 1.7 billion ( no wonder they want business as usual)
What we know
Dyesol can produce a solar farm with LCOE @ 9-12 cents per kWh ( from study)
Turkey 1.3 suns. Fabulous. Will drag the price to 8-9 cents or lower IMO.
Average Australian house consumed 5 800 kWh per year.
( 5800 x $ 00.11 cents = $ 638 production cost) plus $100 per yr storage= $738 per yr.
IT WOULD COST US $ 738 today TO PRODUCE WHAT consumers paid $1700 for in 2014. Below half price.
USING THE FIRST SOLAR MODEL
If we set up and used our own panels ( plus storage) to produce one 600 MW plant that
Supplied 1 000 000 households with 15 kWh per day here in Australia with production costs of 11 cents per Kwh and sold that power @ market retail prices we stand to make half the revenue as profit in a utility situation.
We make about 850 million profit less financing , legals (PPA's) and setup costs associated with factory build(various methods) from those first million customers. The very next year we have another million customers because the factory produced another 600MW of panels.
This is from one factory. Astounding revenue proposition.
We have some 330 000 000 shares .
Over ten yrs DYE could be produce say ( conservitive here) 4000 MW (one factory) with revenues in the billions. Do the numbers but could rival CSL and COH in share price if we did a First solar style utility model and sold our power.
As our domestic consumption is actually dropping due to efficiency and we have an over supply of old coal plants there are political hurdles etc. But in Turkey, Philippines, India etc the situation is the opposite.
Little wonder why RC keeps accumulating.
GSL Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
