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My thinking, isn't the effective end state that power stabilizes at much lower and without capacity cap solar rates? Previously, worldwide supply expansion = i
by ethbr0 4y ago
My thinking, isn't the effective end state that power stabilizes at much lower and without capacity cap solar rates?
Previously, worldwide supply expansion = increasing fuel costs in the global market
In a post-fuel / solar world, you can keep increasing supply capacity as long as you want. Which would upend a lot of assumptions about power. E.g. free or negative power cost at peak supply times, simply because people keep building capacity
- danhor 4y ago> free or negative power cost at peak supply times, The electricity price already turns negative in quite a few countries with larger shares of renewables at peak times, but isn't really being exploited right now due to the high capital cost and low usage for most things that need electricity.
- ethbr0 4y agoI guess my perspective is "When will people stop building solar capacity?" Which is another way of asking "When will people stop consuming more power?" Previously, we had finite energy resources that were limited by the fuel (oil, coal, gas) or regulation (nuclear). Suddenly, there is no limit. You could build as much solar as you had panels + installers for. Which really turns future energy on its head. Why not build more forever? And if there's excess, build more energy consumptive industry...