| But if its truly cheaper than all the worlds CO2 production problems are solved!! Energy is sufficiently deregulated in enough of the US that they will sell to the areas that aren't, just like France was doing with all its "old dirty" nukes, to the countries around it building "green". I can't tell from your graph, but I saw an actual cost estimate a couple months ago that points out what has been true for the past 10 years of "wind is cheaper" metrics. Which is that its not, because its not continuous (or controllable) power delivery. Nor does it account for the fact that it also needs to be overbuilt if its going to supply an energy storage system either. Nor does it account for the energy storage costs. So, yes in absolute KW produced its cheaper, but that does little but create an oversupply problem. Which is why in places like TX the power costs frequently go to zero when the wind is blowing and spike at other times. Making cheap power when you don't need it doesn't help. What TX needs is lots of power at 3PM (when in theory solar would be useful, but the existing smaller plants aren't making money either). The net result in TX has been lots of wind install, but even more gas install. Because the gas plants are actually making money. If big battery plants are economically workable then we would also see a lot of companies arbitraging the free wind energy into $ when the price spikes but we don't see that either. So its not a simple/sure bet like is being claimed. (for those that don't know, TX is one of the largest green energy systems in the world https://en.wikipedia.org/wiki/Wind_power_in_Texas) |
For example, in Ohio several state legislators were purchased, and passed regulation claiming to "save" nuclear but what it really did was bail out coal and prevent the cheapest source of energy from competing in the market. The most surprising is that this corruption is actually resulting in prosecutions, and the top regulator has now resigned too:
https://www.bloomberg.com/news/articles/2020-11-20/firstener...
Funny you should bring up Texas, it actually is installing massive batteries, with 17GW in the pipeline last time I heard. And natural gas is dwindling to nothing, getting replaced with solar. ERCOT is one of the very very very few places where cheapest cost can actually win, and it's where we are going to see natural gas die first because of that.