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That's really only true if you have perfectly elastic demand. As soon as you need to store energy wind and solar become much more expensive.
by pstrateman 6y ago
That's really only true if you have perfectly elastic demand.
As soon as you need to store energy wind and solar become much more expensive.
- Robotbeat 6y agoNot really. A few hours of storage are now included in a lot of new solar projects, and it adds very little to the cost. Solar+4hours of storage has a LCOE of just 3.3 cents per kWh. https://www.latimes.com/environment/story/2019-09-10/ladwp-votes-on-eland-solar-contract https://www.latimes.com/environment/story/2019-09-10/ladwp-v...