3 ms·
Before we get too voluntary here, let's remember that wind power was developed through heavy subsidies from many governments over the years.
by woah 11y ago
Before we get too voluntary here, let's remember that wind power was developed through heavy subsidies from many governments over the years.
- bane 11y agoThat's kind of the point. The heavy subsidies brought renewables into competition with traditional energy markets in Texas, and voila, Texans (a state not normally associated with renewables) started buying them up. One thing that's not discussed too frequently about renewables is that the operating costs are less variable than fossil fuel based systems. You have a pretty good idea what the costs are going to be over the lifetime of an installation and this helps with planning and deployment. Fossil fuel prices are variable enough over 20 years that you can't plan more than a few months out, or you need to have enough cash reserves in place to weather out price spikes.