Wind and solar unbeatable for low cost new electricity::Onshore wind and solar photovoltaic technologies have maintained their position as the lowest cost form of new electricity generation, despite global supply
A near infinite source of free energy cheaper than pumping ever more scarce liquid from the ground? Who could have predicted this?
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“Nuclear SMR current costs are not reported since there is no prospect of a plant being deployed in Australia before 2030”
Darn.
Except when it’s dark and/or windstill. MWh and TWh scale storage is the opposite of inexpensive.
Yes, and :
What are the real costs before subsidies ?
What are the real cost of climate damage we try to mitigate - - which is the basis for subsidies ?You might find https://surplusenergyeconomics.wordpress.com/2023/07/18/259-the-way-we-live-next/ interesting.
Most interesting indeed.
So the cost of energy is a complex topic and this guy has studied many aspects of that.Amongst other things he wrote :
Morgan, Tim (2013).Life After Growth. Petersfield, UK: Harriman House. ISBN 9780857193391He discusses the energy cost of energy or : Energy return on investment
He gives an estimate of $130 trillion usd for the global cost of energy transition with a link to the source … I don’t understand how this estimate is made though.
