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by Retric 1729 days ago
The wholesale inflation adjusted price of electric has been falling in the US over the last 40 years. https://www.usinflationcalculator.com/inflation/electricity-... Prices are spiking vs 2020, but are still down inflation adjusted from 2019.

Which is in part an outgrowth of bringing cheaper wind and solar electricity sources online combined with inexpensive natural gas. The headline ultra low wind and solar prices hide the fact they are still profitable to bring online meaning it’s selling enough energy at positive prices to add more. It is also profitable to add batteries to the electric grid in California which should offset other peaking sources like natural gas. The question of what becomes of nuclear may simply be it’s largely phased out with some being kept around as a combination of energy source and useful isotope generator.