Solar panels take up a lot of real estate. Many people made a fortune on Florida real estate.
Solar panels are suspectible to hurricane force winds, so while we harden and underground “the grid” the new clean generation could become giant windsails flying through the air.
Solar and storage require critical earth elements like antimony https://lnkd.in/gsF28_Mb and lithium that are sourced in faraway places https://lnkd.in/gAf__J5M like China, South America and Africa and are becoming increasingly more expensive.
Finally…. NextEra didn’t say how much its plan will cost, but the company expects to spend $85 billion to $95 billion on total capital expenditures from 2022 through 2025, according to the investor presentation. The plan requires “constructive” governmental policies and INCENTIVES, and support from utility regulators.
What do you think about NextEra’s proposal?
Mike Beehler
Expert Member
Top Contributor