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| If Lockheed can generate super cheap energy https://gladerebooted.net/viewtopic.php?f=8&t=11140 |
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| Author: | Lex Luthor [ Sun Oct 19, 2014 2:00 am ] |
| Post subject: | If Lockheed can generate super cheap energy |
Just wondering what people here think, so I made a poll. This does not count inflation. |
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| Author: | Talya [ Mon Oct 20, 2014 2:04 pm ] |
| Post subject: | |
It'd most certainly take time, but there would eventually be a reduction in the cost of electricity compared against the rest of expenses. Initially, Lockheed Martin needs to make up their R&D costs and turn a profit at the same time, so they wouldn't price these things significantly different than current energy production. |
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| Author: | Micheal [ Mon Oct 20, 2014 3:02 pm ] |
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Depends on how they make the energy cheap. If it is a small unit for every household, after the initial cost of the unit it should be fairly cheap. If it is macro sized, the energy suppliers will try to pay off their current overhead before prices go down substantially. The monopoly factor of owning the power lines makes a huge difference in scenario and outcome. |
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| Author: | Talya [ Tue Oct 21, 2014 9:12 am ] |
| Post subject: | Re: |
Micheal wrote: Depends on how they make the energy cheap. If it is a small unit for every household, after the initial cost of the unit it should be fairly cheap. If it is macro sized, the energy suppliers will try to pay off their current overhead before prices go down substantially. The monopoly factor of owning the power lines makes a huge difference in scenario and outcome. A reduction in cost for the consumer would be nice, but not dramatic. It's also not where the biggest differences to societal direction would come from. |
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| Author: | Stathol [ Tue Oct 21, 2014 10:25 am ] |
| Post subject: | |
It depends on what you mean. On a per-watt basis, I would expect it to stay the same for quite awhile and then eventually start to decline. So I went with the third option. But if you just strictly mean the overall size of the bill, I suspect it will more or less stay the same over the long run. There may be a bit of a dip some years/decades out as the development and initial overhead of deployment are covered, but getting cheaper power is a lot like getting a larger hard drive. If you build it, they will come. |
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| Author: | Arathain Kelvar [ Tue Oct 21, 2014 1:55 pm ] |
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Also, the government will step in to keep prices about the same, and use any savings on to subsidize the poor, etc. Tracked against inflation, it may eventually dip a bit. |
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| Author: | Vladimirr [ Wed Oct 22, 2014 7:33 am ] |
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Option 3, followed by creatures from the 12th dimension invading our plane and taking over all governments. |
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| Author: | shuyung [ Wed Oct 22, 2014 3:50 pm ] |
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I, for one, welcome our new 12th dimension overlords. |
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| Author: | Rafael [ Thu Oct 23, 2014 3:19 pm ] |
| Post subject: | Re: If Lockheed can generate super cheap energy |
Won't change. The way energy commodities are traded would prevent much change. Usually the market dominates, but simply wouldn't make much of a difference. |
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| Author: | Lex Luthor [ Thu Oct 23, 2014 9:29 pm ] |
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| Author: | Rafael [ Fri Oct 24, 2014 11:06 am ] |
| Post subject: | Re: If Lockheed can generate super cheap energy |
*IF* small reactor design and localize power production for markets by decentralizing generation, essentially reducing or eliminating the demand forecasting, load dispatching and distribution functions currently performed by electric companies, then the nature of pricing changes considerably. |
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| Author: | Arathain Kelvar [ Fri Oct 24, 2014 11:38 am ] |
| Post subject: | Re: |
Lex Luthor wrote: The smoothed prices value isn't a very good representation. |
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| Author: | Lex Luthor [ Fri Oct 24, 2014 2:40 pm ] |
| Post subject: | Re: If Lockheed can generate super cheap energy |
Rafael wrote: *IF* small reactor design and localize power production for markets by decentralizing generation, essentially reducing or eliminating the demand forecasting, load dispatching and distribution functions currently performed by electric companies, then the nature of pricing changes considerably. I don't think you understand how monopolies work. No rational CEO is going to willingly decrease their revenue just because their costs are lower. Instead, the power companies will probably use this as an excuse to hire more employees and expand the business, stockpile cash, or return more dividends to shareholders. |
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| Author: | Talya [ Fri Oct 24, 2014 2:44 pm ] |
| Post subject: | |
They don't have a monopoly. Their fusion reactor will have to come in and compete with current power generation. If it's too costly, it won't be used. Ideally they'll undercut all current power generation. Also, i doubt Lockheed Martin wants to get into the utilities business. They'll be selling these reactors to existing utility companies. |
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| Author: | Rafael [ Sat Oct 25, 2014 1:23 pm ] |
| Post subject: | If Lockheed can generate super cheap energy |
Lex Luthor wrote: Rafael wrote: *IF* small reactor design and localize power production for markets by decentralizing generation, essentially reducing or eliminating the demand forecasting, load dispatching and distribution functions currently performed by electric companies, then the nature of pricing changes considerably. I don't think you understand how monopolies work. No rational CEO is going to willingly decrease their revenue just because their costs are lower. Instead, the power companies will probably use this as an excuse to hire more employees and expand the business, stockpile cash, or return more dividends to shareholders. You didn't comprehend what was written. Power companies won't exist in the same nature they do now because tramission of power will be completely different since small reactor design means that power could be decentralized. The reason there is a quasi-monopoly now is because power generation is centralized and distributed by semi-public companies, joining the ranks of which, means clearing nearly insurmountable regulatory hurdles. Small reactor design implies the beginning of the end of decentralized power distribution and therefore, the end of the competitive advantage held by the monopoly. |
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| Author: | Midgen [ Mon Oct 27, 2014 1:28 pm ] |
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More news on this topic... http://www.washington.edu/news/blog/fus ... versation/ |
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