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The cost or the price? The price of renewable energy is often very low, frequently even negative. This does not reflect renewables advantages, but their disad
by mpweiher 4y ago
The cost or the price?
The price of renewable energy is often very low, frequently even negative. This does not reflect renewables advantages, but their disadvantages: being available in abundance when the energy is not needed or wanted.
Even the Energy Return on Investment is barely sufficient for solar, for example, so I have a hard time believing that the cost is actually competitive.
- XorNot 4y agoThis is false[1]. PV produces 10 to 20 times as much energy as it takes to make, dropping all the time with improvements. [1] https://reneweconomy.com.au/busting-the-myth-on-energy-returns-renewables-to-beat-fossil-fuels-79489/ https://reneweconomy.com.au/busting-the-myth-on-energy-retur...
- svnt 4y agoNo, where the price is negative it reflects the value of storage, which is basically missing from the market, but will not continue to be.