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New research shows renewables are more profitable than nuclear power
(www.pv-magazine.com)
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this post was submitted on 30 Aug 2023
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This article is about profitability, not cost to net zero. They are very different things. It also ignores the cost of scale, go all in on say solar today and that doesn't make more panels available, the increased demand would raise prices and suddenly its not so profitable.
Nothing is as simple and easy as people want it to be.
They talk about profit to get the attention of money people, but the ultimate goal is decarbonization. Hell, the title of the source article is "Why investing in new nuclear plants is bad for the climate".
Two of the researchers are economists, and the third is an environmental economist. I'd rather get my opinions on decarbonization and nuclear energy from actual scientists and people who run research reactors.
It's just money people talking to money people. I don't trust an economist to make a value judgment on science when all they're looking at is profit. I actually actively distrust them. They're interested in investments and profit -- nuclear has an undeserved stigma and it makes its profit in the long term, not the short term that they all seem to love.
You seem to be implying that there's some problem with going to renewables but there isn't. It's just quicker and cheaper than nuclear to do so. It's not like it's breaking new ground either - plenty of places have already done it.
Nuclear is the hard way of doing this, not renewables.
I'm not implying there is a problem with renewables, I'm actively stating that markets will change if you increase the demand massively and that you can't just say that a market state today would continue if you change all the driving forces behind it.
What generally is statable is that diversification in markets stays stable. if you buy all the options then you keep the power in the buyer and the costs stay as low as possible.
Solar price still decreasing and the demand never been so high. That's the faster energy deployment.
Demand has never been so high. If we wanted to go all in on solar and get to net zero on it, that demand would be 100x higher.
Right now, the driving reason behind solar prices going down is to encourage more demand. If that demand were to jump suddenly, then that driving reason is gone, and suddenly it makes more sense to charge more as supply can't keep up.
Maybe you'll understand the point better now.
I was speaking about the market, the solar panel price. Many developing countries now invest in solar power to meet their energy needs with the cost of solar energy technologies decreasing and the availabilities of governments subsidies. The Ukrainian conflict may have an impact on the market but nothing is sure.
The path to Net Zero is mainly Solar and Wind. https://www.iea.org/reports/net-zero-by-2050
Doubling down on ignorance is unbecoming.
You clearly don’t understand macroeconomics
If people internalized that last line of yours we could get shit done. ..
Wait, do you really expect us to believe that increasing solar will increase its price? Have you looked at the cost of solar over the past decade? Do you understand the economy of scale as it applies to all 3 (solar, wind, and batteries) because I don’t think you do.
my dude, did you really need to make three individual comment replies all to me
Yes