Wind and solar unbeatable for low cost new electricity::Onshore wind and solar photovoltaic technologies have maintained their position as the lowest cost form of new electricity generation, despite global supply
Wind and solar unbeatable for low cost new electricity::Onshore wind and solar photovoltaic technologies have maintained their position as the lowest cost form of new electricity generation, despite global supply
Except when it’s dark and/or windstill. MWh and TWh scale storage is the opposite of inexpensive.
Yes, and :
What are the real costs before subsidies ?
What are the real cost of climate damage we try to mitigate - - which is the basis for subsidies ?
You might find https://surplusenergyeconomics.wordpress.com/2023/07/18/259-the-way-we-live-next/ interesting.
Most interesting indeed.
So the cost of energy is a complex topic and this guy has studied many aspects of that.
Amongst other things he wrote :
Morgan, Tim (2013).Life After Growth. Petersfield, UK: Harriman House. ISBN 9780857193391He discusses the energy cost of energy or : Energy return on investment
He gives an estimate of $130 trillion usd for the global cost of energy transition with a link to the source … I don’t understand how this estimate is made though.
This is exactly what we need to focus on, driving down the costs of storage. Personally i’m a fan of molten salt storage placed at retired coal plant turbines, compressed CO2 seems like a solid bet as well. If flow batteries get their kinks worked out they can be quite cost competitive.