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by mpweiher 1462 days ago
The cost or the price?

The price of renewable energy is often very low, frequently even negative. This does not reflect renewables advantages, but their disadvantages: being available in abundance when the energy is not needed or wanted.

Even the Energy Return on Investment is barely sufficient for solar, for example, so I have a hard time believing that the cost is actually competitive.

2 comments

This is false[1].

PV produces 10 to 20 times as much energy as it takes to make, dropping all the time with improvements.

[1] https://reneweconomy.com.au/busting-the-myth-on-energy-retur...

No, where the price is negative it reflects the value of storage, which is basically missing from the market, but will not continue to be.