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The thing about evil capitalists is that they like to have low cost equipment and operations and high price outputs. IF you exclude government subsidies, these
by ci5er 7y ago
The thing about evil capitalists is that they like to have low cost equipment and operations and high price outputs.
IF you exclude government subsidies, these evil capitalists that are out for a buck are not rushing into implementing what you are talking about.
Which means that: It is not nearly as close to parity as you apparently believe that it is.
I mean no insult, but: If evil capitalists are not rushing towards doing it without government subsidies - it isn't as close to parity as you think it is. YMMV.
- NeedMoreTea 7y agoThose evil capitalists are choosing to build offshore wind, without subsidy in the UK. Gas expansion has completely ceased, and based on the last auction round for offshore licences is nearing a point where building new wind is cheaper than keep running existing gas plants. So I expect to see the decline of UK gas start soon. Fossil simply cannot compete on price. It would be even more of a no-brainer price wise, if we didn't have a government stupid enough to cease onshore wind. Coal is almost completely out of UK generation - the single digit number of plants left spend almost all their time idling as source of last resort. Gas is next. It might survive a little longer as a fill in source used in lieu of battery and storage, again temporarily. TL;DR Gas is on borrowed time unless it has been given an artificial leg up, i.e. regulation or fossil subsidy.
- ci5er 7y agoGreat! Depending on geography, one would hope this to be the case...