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Fossil fuels are not a viable option. It is simply the seemingly cheapest option, sacrificing the environment for short term economic gain. Overcapacity has it
by belorn 5y ago
Fossil fuels are not a viable option. It is simply the seemingly cheapest option, sacrificing the environment for short term economic gain.
Overcapacity has its issues. It does not remove the dependency on fossil fuel, and you still need to have independently the same capacity in fossil fuel plants. A big part of the fossil fuel cost in term of economics is have them standby and operational, which today is paid primarily through subsidies. Having a bunch of wind turbines running at 20% efficiency while at the same time paying a fossil fueled power plant be ready to step is not cheap. Is it _still_ cheaper than nuclear? Hard to say. All the comparisons I have seen are done on the theoretical cost per watt produced, not what the grid costs to operate on a year to year basis in order to provide the service of a stable grid.
Looking at the day prices per local zone around Sweden and Finland, the prices goes down the closer you get to hydro and nuclear and goes up the closer you get to wind and fossil fuels, with as high as 10x. Economically that makes the case for wind + fossil fuels a bit harder to buy, through I am not blind to the fact that its previous generations that enabled it. Living next to wind+fossil fuel is right now very expensive, with industries moving north as a direct result.