3 ms·
In the steady-state, renewables will be cheaper. For fuel-based plants, you have the cost of the plant, the mine, the transport between the mine and the plant,
by wbillingsley 10y ago
In the steady-state, renewables will be cheaper.
For fuel-based plants, you have the cost of the plant, the mine, the transport between the mine and the plant, as well as the clean-up. That's quite a lot of operating cost on top of the capital cost.
For a network of solar-panels and domestic batteries, it is almost all capital cost. There is no fuel transport, no mine, etc. And whereas one massive plant with one massive mine is a decade-long planning and construction process, the domestic panels and storage are each very short installations that can happen largely in parallel.
The domestic solar+storage grid should win, because it is a heck of a lot faster to marshall consumers into buying a consumer good, than to plan and build out nation-wide infrastructure projects.