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Exactly, people are repeating decades old argument without incorporating what has happened with technology over the last 10 or 20 years. In the last decade, gr
by derriz 6y ago
Exactly, people are repeating decades old argument without incorporating what has happened with technology over the last 10 or 20 years.
In the last decade, grid scale battery costs have declined by 75%. Wind turbines and solar panels have declined by 80% and 90% respectively. These declines are actually accelerating at the moment - grid scale battery storage has halved in price over the last two years. In contrast, the LCOE of nuclear has increased by 20%.
The industry is moving so fast that arguments become stale very quickly but people are slower, it seems, to update their opinions.
[1] https://www.forbes.com/sites/mikescott/2020/04/30/solar-and-wind-costs-continue-to-fall-as-power-becomes-cleaner https://www.forbes.com/sites/mikescott/2020/04/30/solar-and-...
- ElKrist 6y ago"The industry is moving so fast that arguments become stale very quickly but people are slower, it seems, to update their opinions." How fast is it moving? "For the first time in nearly a decade, annual installations of energy storage technologies fell year-on-year in 2019. Grid-scale storage installations dropped 20%" [1] [1] https://www.iea.org/reports/energy-storage https://www.iea.org/reports/energy-storage