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>The amount that cost continues to decrease is almost mind boggling. The manufacturing learning curve is truly providing exponential returns for decades now. T
by libertine 6y ago
>The amount that cost continues to decrease is almost mind boggling. The manufacturing learning curve is truly providing exponential returns for decades now.
The problem is that in some countries - I'll mention mine, Portugal - it does not reflect on the price sold to the consumer.
So something isn't adding up, most of public entities (from government to regulators) brag and preach that we're reaching milestones, and claim prices keep decreasing, yet electricity prices keeps increasing/stays the same.
Therefore I assume someone is taking the value out of it, because the consumer is definitely not, or make it clear that the costs will only ever reflect on production, because storage/distribution is what sets the prices to consumers, and those are increasing.
- 7952 6y agoRenewables are weird in that most of the cost is up front. So a developer goes into debt and then uses an agreed price to pay off that debt over the lifetime of the site. But the marginal cost of the power generated is very low. So effectively the public are paying the developers mortgage, but never get to own the asset they are funding.