💧 David Mitchell

It's all about the rate of change. It won't stop, so you may as well enjoy the ride. The future is here and you are part of it.

[💧 David Mitchell @flexibledragnet]

The Energy Institute has just released the 2025 data for the Statistical Review of World Energy for 2025.

Each year I update a chart to see how much wind and solar is being deployed per day (in TWh) and compare that to a 1 GW nuclear plant. /1

[💧 David Mitchell @flexibledragnet]

@agodemporer @RizviAbul Yeah. I would need some numbers.

[💧 David Mitchell @flexibledragnet]

@AtomGalor @ShackelWill What new nuclear plants funded by Google et al have reached FID? (Note: An uprate is not a new plant).

[💧 David Mitchell @flexibledragnet]

@agodemporer @RizviAbul Depends on which stocks. Solar is a great investment, particularly if you have an EV.

[💧 David Mitchell @flexibledragnet]

@GaryNoddy @3AW693 Yeah. That’s primary energy, two thirds goes up the stack as waste heat. Ignore idiots who don’t understand the difference between “electricity” and “energy”.

[💧 David Mitchell @flexibledragnet]

@DrCarlMortner @BlockedWatcher1 @JordanEVGuy Nothing would be my guess.

[💧 David Mitchell @flexibledragnet]

@TaxPawspective @StephenJMasters Of there’s no difference, why are people using trusts?

[💧 David Mitchell @flexibledragnet]

Just pay it out as wages then. Job done.

[TaxPawspective @TaxPawspective]

The median net income (ie profit) of a trust carrying on a business is $74,700.

Chalmers wants to tax every cent of that at the same average rate that applies to a person with ~$0.23m taxable income.

Where does his hatred of small business come from?

[💧 David Mitchell @flexibledragnet]

@MickMechanics That’s absolutely not true. Nuclear is OK up to a certain percentage of peak demand. After that, it gets expensive because it can’t run at capacity. So you’ve locked in your “baseload” at the highest cost generation. You still need to manage the peaks. Same as RE. 🤷‍♂️

[💧 David Mitchell @flexibledragnet]

@BlockedWatcher1 @JordanEVGuy Not to fuel your ICE, that’s for sure.

[💧 David Mitchell @flexibledragnet]

I was wrong. KUL-BNE. 9 months old.

[💧 David Mitchell @flexibledragnet]

I arrived in Jakarta on a QF plane that was 23 years old. I’m leaving on an MH one that’s a year old. The flight to Australia tomorrow will also be on a plane about a year old. 🤷‍♂️

[💧 David Mitchell @flexibledragnet]

@MickMechanics Sure. And we have batteries, pumped hydro, transmission and overcapacity so that they can follow demand.

[💧 David Mitchell @flexibledragnet]

@BlockedWatcher1 @JordanEVGuy Sunshine works fine.

[💧 David Mitchell @flexibledragnet]

@TaxPawspective @StephenJMasters Governments change the law. What can I say. 🤷‍♂️

[💧 David Mitchell @flexibledragnet]

@TaxPawspective @StephenJMasters No. Trusts have always been a loophole waiting to be closed. It’s a conscious choice, there were other alternatives.

There’s a book called “Who moved my cheese”. Buy yourself a copy.

[💧 David Mitchell @flexibledragnet]

@TaxPawspective @StephenJMasters What do you expect me to say? Poor choices have consequences. In the end it’s a commercial choice.

[💧 David Mitchell @flexibledragnet]

@IanHart7415 @JordanEVGuy Yep. We are going to sunlight, the most energy dense of all fuels. And we harvest that sunlight with a modular, reproducible system that can be manufactured at scale, hence lowering the cost.

[💧 David Mitchell @flexibledragnet]

@IanHart7415 @JordanEVGuy The system isn’t isolated though. 🤷‍♂️

[💧 David Mitchell @flexibledragnet]

@Maxime44 @JordanEVGuy Why don’t you use it for your phone then?

[💧 David Mitchell @flexibledragnet]

@BlockedWatcher1 @JordanEVGuy Except that you can use the kilo of battery multiple times. You can’t use the kilo of fuel more than once.

[💧 David Mitchell @flexibledragnet]

@IanHart7415 @JordanEVGuy Sure. But a car engine is less efficient than power plant and most importantly, continues to run (and emit greenhouse gas) when the car is stationary. An EV uses almost zero energy standing still.

[💧 David Mitchell @flexibledragnet]

😂😂😂😂 🤦‍♂️

[Not That Serious @Waldburger82]

@JordanEVGuy This is a red herring. The energy out put to charge these EV's is considerably higher then if they had just driven a conventional vehicle...