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If it's just 50% away from profitability with the ridiculously cheap cost of electricity in California and the US in general, it will do just fine for vast swat
by revelation 10y ago
If it's just 50% away from profitability with the ridiculously cheap cost of electricity in California and the US in general, it will do just fine for vast swaths of the developed world.
Not to mention that the edge of profitability probably isn't so much determined by the consumer price of electricity, but the sources that feed a countries grid. Lots of renewables with huge output swings (Germany) versus full nuclear (France).
- Symmetry 10y agoA big factor in profitability is normal swing in grid price which is going to tend to be pretty pretty big in California with it's high baseline energy prices and extensive use of renewables which come on and off line according to their own schedules.