Geofinance

Geofinance t1_j3vnw4p wrote

It is because you get 100% uptime. Renewables like solar can be cheaper but you barely get uptime or reliability. This forces you to over build capacity and invest in expensive and inefficient storage like batteries or have back fossil fuels. So essentially you’re all in cost is extremely higher than just going with fossil fuels. Germany and California are perfect examples to show you how renewable which are thought be cheaper lead to way higher energy prices.

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