3 ms·
Alright, so under some conditions the worst price for oil is competitive with the best price for solar. I know it's important to correct me, and obviously I sho
by tinco 5y ago
Alright, so under some conditions the worst price for oil is competitive with the best price for solar. I know it's important to correct me, and obviously I should've expanded on the fact that it's thermal energy to make it more fair, but nit picking on my argument doesn't change the story. Apparently Saudi Arabia can get oil at $5/barrel, so that's a factor 6 we're still off by.
I fully agree, if it can be done in Saudi Arabia, it can probably also be done in Death Valley or some other nice sunny area reasonably close to a large population, and it will help a lot. I just fear that regardless of what we or anyone wants to pay, Saudi Arabia is still going to be wanting to sell it as long as it's over $5/barrel.
- Robotbeat 5y agoThe regime that makes $5/barrel costs feasible is not politically stable at $5/barrel. The real social minimum acceptable price for oil in Saudi Arabia is MUCH higher than $5/barrel.