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by jakewins
1395 days ago
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For 250B EUR, Germany paid for the learning curve movement that now enables the rest of the world to deploy solar and batteries. If it was not for German investment to drive that 90% drop in price, bills like the IRA would not even be possible to contemplate. The "that would pay for the entire French fleet" thing is nonsense. Just google the cost of the most recent plants built anywhere in EU and multiply it by how many you'd need to meet France's 61GW capacity. (example: Hinkley Point C, 75B EUR for 3.26GWe, 61GW/3.26GW = 18, 18*75 = 1,350B EUR, Olkiluoto Unit 3, 11B EUR for 1.6GWe, 61GW/1.6=~38, 38*11=418B EUR). Yes, Germany paid a huge price for their solar. We should be thankful they did. |
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