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by frafra
1018 days ago
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Is it Denmark really putting taxes on electricity so high that a kWh costs 2 times more than in France? Just to reduce consumption? The interesting data you linked clearly shows the problem with high mix of renewables: even if the average wholesale price is the similar, the final cost can be way higher because people need electricity at 6 PM and not so much at 4 AM, and the costs of a more unstable system are higher (such as delivery costs). Similar production price, totally different value. That is the difference between LCOE and the costs estimates which include other factors, such as the firming intermittency price estimations published in Lazard 2023. The similar patter you see in oil and gas could be because of taxes, but the difference is below 10 %, not 200 %. |
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Nonetheless, I would expect France's electricity prices to rise significantly in the coming years as their 1970s plants all age out and decommissioning costs + the cost of brand new plants kicks in.
They have also publicly announced that they won't be replacing all of the nuke plants that will age out (presumably because of cost). So, the % of nuclear power on France's grid will decline with solar or wind or carbon producing fuels having to make up the difference.