Goodnight #naturalgas, goodnight #coal, goodnight #nuclear

Started by rcjordan, July 01, 2019, 08:34:35 PM

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rcjordan

Very negatively written regarding industry but worth a read.

"Lower prices may sound great for consumers. But it presents troubling implications for the world's hopes of rapidly expanding solar capacity and meeting climate goals.

It could become difficult to convince developers and investors to continue building ever more solar plants if they stand to make less money or even lose it."


https://boingboing.net/2021/07/21/the-biggest-barrier-to-solar-expansion-is-that-you-cant-price-gouge-according-to-new-study.html

ergophobe

Didn't we always know this would be a problem when renewables surpassed 30% of the supply, which is why at that point storage becomes a critical issue?

BTW - solar panels and storage batteries arrive on Monday. So I'll be doing my part to screw with the energy markets.