2 ms·
> in a world where the main sources of new power (solar and wind) and storage (batteries) are still dropping in price dramatically If you take a look at the fi
by acidburnNSA 4y ago
> in a world where the main sources of new power (solar and wind) and storage (batteries) are still dropping in price dramatically
If you take a look at the figure in the OP pdf (Levelized Cost of Energy Comparison—Historical Utility-Scale Generation Comparison), you'll see that this is no longer true. They are increasing in price in the last iteration.
Many energy technologies fall exponentially at small scale and then start to increase in price due to externalities at scale. This 'cost scales to first order with generation scale' hypothesis was first put forth by Komanoff in 1980 [1] and may well apply to wind/solar as scale runs into issues related to intermittency and land use (e.g. transmission, NIMBY)
[1] free pdf linked on https://komanoff.net/nuclear_power/ https://komanoff.net/nuclear_power/