Solar and wind are intermittent and therefore unsuitable for base loads. I have solar which provides more than my needs and I sell the excess back to the utility. I also included batteries.
Solar and wind will require storage to be of much value and to replace fossil fuels. This will at least double their cost and this should be included in the calculation. On the other hand, fossil fuels impose external costs due to CO2 emissions, therefore raising their prices significantly above the market price. We need to look at pumped hydro and invest more in storage technologies.
AstronomerWaste8145 t1_iuiepzv wrote
Reply to New solar capacity 10 times cheaper than gas, says intelligence company Rystad by EnergyTransitionNews
Solar and wind are intermittent and therefore unsuitable for base loads. I have solar which provides more than my needs and I sell the excess back to the utility. I also included batteries.
Solar and wind will require storage to be of much value and to replace fossil fuels. This will at least double their cost and this should be included in the calculation. On the other hand, fossil fuels impose external costs due to CO2 emissions, therefore raising their prices significantly above the market price. We need to look at pumped hydro and invest more in storage technologies.