It sounds like the “Levelized” in LCOE is a bit of a misnomer. If I had to guess, intentionally so.
something that the experts need to explain to everyone is why the places that have pushed more renewables have typically had higher prices and less reliability in spite of these studies cited? Also how is investing hundreds of billions (trillions?) more going to actually reverse that and reap benefits?
I also have questions about if this modeling considers the almost inevitable increase in the cost of minerals needed for solar and wind? The numbers I've seen before to do this at the scale that some people want is astronomical. Input costs could be volatile.
You also will need a lot of new expensive transmission infrastructure. Is that included?
With that being said, it's 5pm on Friday of a holiday weekend so I'll pass on skimming the report now.
But gas gives you 100% predictable generation. Nuclear too. I’m skeptical of the claims that renewables are substantially cheaper, but is there no value place on reliability?
How many basic things in life do we pay a little extra for reliability? But the power generation in our freaking homes we don’t? Think about this.
Will you flourish more by making more money, or saving money? More production is better. The more energy we consume the more we’ll thrive.
I’m just glad that in one of the fossil fuel capitals of the world we’re dependent on good luck for power generation. Thanks to everyone who did a wind dance this afternoon.
This all so dumb.
Wow what a moment. Don’t want to CR this thread but this is why I’m proud this guy is my President. Empathetic, connects with people that are struggling. He just that “it” about him. He went to Maui today to lend his support.
So what would you propose to do, short of us getting directly involved? I don’t think anything changes without providing more advanced weapons systems. Maybe we should do that.
There’s also the issue of funding it all. We’ve appropriated $111B over 18 months. That’s a $74B run rate. To make it to next August 20th and really make a push I think that’s another $100B. Unfortunately it will be a political issue.