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by littlestymaar
60 days ago
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> That cost doesn’t even factor in disposal because no one knows the true cost yet There's still some cost factored in, unlike any other industry where the government is expected to clean up after the fact. > Not sure what risk you think come from renewables The grid collapse risk (See what happened in Spain last year, which caused 8 deaths, more than every nuclear power plant accidents in the Western world combined…). Grid operators are currently investing a trillion Euro in the EU alone in order to adapt the grid to the new challenges caused by intermittent and distributed energy sources, and this will never be accounted for in renewable electricity prices… (hence the paradox: the more “cheap energy” is being deployed in Europe, the more expensive the electricity prices become). > and storage "Storage" doesn't exist yet as a most people imagine it. Batteries can help ease a few hours of peak load/low supply but that's pretty much it, pumped storage is very situational with limited deployment capabilities. So the risk is that the technology simply never materialize. |
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The finished grid will be far more robust, better able to handle local outages and issues, and generally more adaptive and open to development in various directions.
As for "cheap energy" raising prices - prices rose a little after Covid, but there's been no constant march upwards. The main driver of higher prices is gas, and eliminating gas dependence, for both for financial and strategic reasons, is a key goal.
The current situation in Iran is likely to increase that motivation.
A key point about renewables is that power doesn't rely on imports from war zones.