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Yeah, fossil fuel is also economically sustainable at this point. Even without carbon capture it is generally too expensive. However. but the best power is the
by jillesvangurp 5y ago
Yeah, fossil fuel is also economically sustainable at this point. Even without carbon capture it is generally too expensive.
However. but the best power is the power you have. While renewables are cheaper, we don't yet have enough renewable capacity. And while fixing that is happening at an enormous pace, it's going to take a bit of time. A few decades should help.
E.g. China has more than a TW of coal plants and more under construction. The global rollout of renewables is in the order of a bit over 100 GW. At that pace, it would take a decade to roll out enough (globally) just to get rid of China's coal plants.
That's why they are investing in expensive Nuclear plants. 150 plants adds up to about a TW pretty much. Assuming these are pretty big ones doing 6GW each. That's not because they are so cheap but because it is the only way to get China on a path where they can shut down most of their coal this half of the century. Doing that is becoming more urgent.
Long term, they might shut down those nuclear plants as soon as they can get away with it to save money. That will require a massive increase in production for renewable generation and storage. These plants have a lifetime of around 60 years. They might not actually be online that long.
- ZeroGravitas 5y ago> That will require a massive increase in production for renewable generation and storage. I have good news: https://data.worldbank.org/indicator/EG.ELC.RNWX.KH https://data.worldbank.org/indicator/EG.ELC.RNWX.KH