this post was submitted on 04 Sep 2023
322 points (93.0% liked)
Asklemmy
43944 readers
490 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Renewables (solar and wind) are actually the cheapest forms of electricity generation (see Lazard's Levelized Cost of Energy report). This has been true since at least the 2016 version of the report, and it is true even when the cost of generation is not subsidized with government funding.
This is why Texas is investing so much in building new wind turbines, even though they're not politically inclined toward "green energy" - the cost per MWh is lowest.
This is also affecting nuclear power projects. The cost of wind and solar has dropped to the point where building new nuclear power plants looks financially irresponsible.
yea but the report also mentions energy storage which is necessary for solar and wind because of its intermittent nature.
also cheaper electricity means potentially less profit. why would private sector want that?
electricity market must be destroyed and energy must be exclusively public sector