3 ms·
While we do get into diminishing returns beyond about 75% non fossil fuels you can over provision renewables several times for the cost of new nuclear power or
by laurencerowe 3y ago
While we do get into diminishing returns beyond about 75% non fossil fuels you can over provision renewables several times for the cost of new nuclear power or storage.
New offshore wind projects in the UK contract to produce power at about 40% the cost of new nuclear, about the same as gas before the Ukraine war interruptions. And that’s before the 45% construction cost overrun on Hinkley Point C that EDF is responsible for.
Onshore wind would be half the price of offshore but we’ve stopped building it because Tories.
Over provisioning a mix of renewables is likely the most cost effective route to greening the electricity supply.
Modelling for Denmark shows over 90% of its electricity consumption could be provided through modestly over provisioning renewables 1.5-2x along with 4-12h of storage and 99% with 3-4x over provisioning renewables and 48h of storage.
https://x.com/enn_nafnlaus/status/1565923581246091264 https://x.com/enn_nafnlaus/status/1565923581246091264