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That's probably because electricity costs themselves are extremely variable. And that is likely because electricity cannot economically be stored or transported
by amalgamated_inc 4y ago
That's probably because electricity costs themselves are extremely variable. And that is likely because electricity cannot economically be stored or transported, unlike oil or gasoline or even (natural) gas. Thus, every electricity market is its own little thing, there is no "global market for electricity."
- simfree 4y agoThis is why we need Tres Amigas, higher capacity high voltage lines, and further grid connectivity improvements. Many energy generation projects are stranded due to the grid in their county being unable to transport the power generated to ratepayers with need. Larger grids result in lower costs, as scale and the ability to lean on many diverse energy sources lowers the cost and increases reliability for each grid operator.
- amalgamated_inc 4y agoWhich we're not gonna get cause NIMBY