| If that's the reason then those people are misinformed. Coal and gas plants are closing because they cannot compete on price with solar/wind + battery storage. The cost advantage is not true everywhere but the future is clear. Coal and gas will not become cheaper. Solar and wind is most expensive today it'll ever be. Storage in particular is so early in the cycle that we can expect the cost will drop at least in half. We've barely started making battery storage, the industry has 100x growth ahead. And this is without pricing the real costs of using oil & coal & gas like all those people who have asthma (or worse) because they inhale the fumes. Even living in a city (cars) has clear statistical link to increased asthma and other respiratory diseases compared to places with less cars. |
You can add at least two more zeros there, and possibly three or more. Storage right now is mostly dams and all the easy places have been done. Battery storage is really at the proof of concept state and if you take hydro out of the equation you're looking at a tenth of a percent at best.