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The only reason we have switching costs is that the grid system for nearly a century was designed for fossil fuels with essentially a hub and spoke system. This
by addicted 2y ago
The only reason we have switching costs is that the grid system for nearly a century was designed for fossil fuels with essentially a hub and spoke system. This is an incredibly fragile system as we saw with the massive blackouts.
Different technologies will obviously incur a switching cost.
The reason Germany has to import that energy and burn coal is obvious. It decided to eliminate 30-40% of its power source nearly overnight. Is it really a shock that NEW renewables which are indeed that great but are barely a decade old in terms of being cost effective alternatives were not able to fully and immediately replace all that fossil fuel capacity and that Germany relied instead on existing decades old, existing but worse infrastructure.
- throwaway1105q 2y agoThere was no blackout in my country past 30 years. The last one was before the revolution, that was before we had enough nuclear. It's a shock that they have been investing incredible amounts of money into it for decades and still couldn't match the few nuclear reactors they turned off, indeed. At least they have the social/political argument - they turned the nukes off because they didn't like it. It's dumb but respectable. Lying about it being cheaper than nuclear is not respectable.
- imtringued 2y agoSorry to burst your bubble. Reality is knocking at the door: https://www.energy-charts.info/charts/renewable_share/chart.htm?l=de&c=DE&interval=year https://www.energy-charts.info/charts/renewable_share/chart.... It just keeps going up.
- throwaway1105q 2y agoLooks very corelated to the growth of renewable generation capacity...
- notTooFarGone 2y ago> It decided to eliminate 30-40% of its power source nearly overnight Or more like 10%? https://www.cleanenergywire.org/factsheets/germanys-energy-consumption-and-power-mix-charts https://www.cleanenergywire.org/factsheets/germanys-energy-c... And not over night but over legislation that spanned over decades? The amount of really stupid misinformation all around nuclear is baffling to me. Do you see an increase or a decrease in coal consumption?