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Cost does not equate with energy. Back in the 1950's, Freeman Dyson did a study on the cost of electricity. Electricity costs much more to use than to generate
by DaniFong 17y ago
Cost does not equate with energy.
Back in the 1950's, Freeman Dyson did a study on the cost of electricity. Electricity costs much more to use than to generate. If electricity were free there would be only about a 5 percent drop in the GNP.
http://www.wired.com/wired/archive/6.02/dyson_pr.html http://www.wired.com/wired/archive/6.02/dyson_pr.html
As for not needing subsidies, there's a significant cost of capital beyond inflation, and there's also some risk due to its being a new technology. These dissuade investors.