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by Arnt
2337 days ago
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That link says two years, actually. 2016 dropped from 2015, 2017 and 2018 increased, nothing is specified for 2019. Are you saying there was another increase in 2019? I assume that coal plants become unprofitable once they need considerable maintenance because they're not being built any more, which I assume means that no investors consider them a worthwhile investment. Further, because the price of solar and wind power is dropping. If the price curves continue as in the past decade, then in a few years, building a new solar plant becomes cheaper than operating an existing power plant in the first parts of the world. At that point, what coal plant owner will spend money on signfificant maintenance? |
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Data not yet out, but yes, I believe so. There is a prediction it would rise till 2022 though not yet reaching the peak of 2013.
https://www.greencarcongress.com/2019/03/20190306-coal.html
> I assume that coal plants become unprofitable once they need considerable maintenance because they're not being built any more
mmm... not sure this is true about coal plants not being build. China and India I believe still building them.
> Further, because the price of solar and wind power is dropping.
well, while they are dropping, coal production is gorwing three years in a row (and potentially another three years in making).
> hen in a few years, building a new solar plant becomes cheaper
and what people supposed to do by night?
You recognize, that even if you saturate your grid by solar electricity from, say, 11 to 5, there are still 18 hours left...