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Most important component seems to me the investment security. If you silence all the idiots and go all in on batteries and solar (because your country is a ragi
by 6510 2y ago
Most important component seems to me the investment security. If you silence all the idiots and go all in on batteries and solar (because your country is a raging inferno) you get very clean cut investment opportunities. The only problem for investors seems that solar keeps getting cheaper(?) I see a calculation where cost drops by 20% every time global capacity doubles.
If, in stead, you force the population to invest up-front into expensive imaginary future energy you don't get the nice investment landscape. Your solar will have to compete with the nuke plants. By the time the nuke plants are online there will be so much solar capacity that they won't be able to compete in the day time market.
They want to build seven plants of which only 2 will be operational in 2035 and do it faster and cheaper than countries that already have them where they always go over budget, never finish on schedule and are actively closing them.
https://ourworldindata.org/data-insights/solar-panel-prices-have-fallen-by-around-20-every-time-global-capacity-doubled https://ourworldindata.org/data-insights/solar-panel-prices-...