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This is a terrible plan. If you want to subsidize another country's power, far better to price dump solar from $13/MWh to $0 than make synthetic coal from $200/
by Schroedingersat 4y ago
This is a terrible plan. If you want to subsidize another country's power, far better to price dump solar from $13/MWh to $0 than make synthetic coal from $200/MWh nuclear energy at 50% efficiency with an added overhead of $20/MWh for creating it and another $10/MWh to transport it. Merely matching the price of coal will cost you enough that you could just offer to replace all their gas and coal generation for free with no strings.
It has the added bonus of only needing to subsidize enough solar to send their fossil fuels into a death spiral of lower load factors and higher costs to compensate. After which supplimenting with wind and storage will be far cheaper for them.