2 ms·

Thanks, very interesting. I have heard that exact reasoning ("It's all about LCoE!") from various Very Smart People Good At Math. Physics PhDs, VCs (Chamath tal

Thanks, very interesting. I have heard that exact reasoning ("It's all about LCoE!") from various Very Smart People Good At Math. Physics PhDs, VCs (Chamath talks about how this means we "already have practically free, abundant energy from solar"). Seems to me like a case of wishful myopia, where they hone in on that one metric that gives them the illusion that This Is Working.

acidburnNSA 4y ago
That's my perspective. LCOE says what people want it to say, and so it's self-reinforcing. Meanwhile, electricity costs are skyrocketing, and the grid is getting more fragile. I really liked this book covering a lot of this: https://www.amazon.com/Shorting-Grid-Hidden-Fragility-Electric/dp/1735358002 https://www.amazon.com/Shorting-Grid-Hidden-Fragility-Electr...