3 ms·
What discount rate are you using? Solar has one of the lowest capital costs [1] so the discounting works in it's favor. And then the non-discountable operating
by lesuorac 8mo ago
What discount rate are you using?
Solar has one of the lowest capital costs [1] so the discounting works in it's favor. And then the non-discountable operating costs also works in its favor since the fuel supply (light) is free.
[1]: https://en.wikipedia.org/wiki/Cost_of_electricity_by_source#Capital_costs https://en.wikipedia.org/wiki/Cost_of_electricity_by_source#...
- cogman10 8mo agoYup. It's why even in fairly red states like my own (Idaho) solar, wind, and battery are going up everywhere. Even without significant subsidies the economics are really good for renewables. They'd be even better if we didn't have extreme tariffs on China. That's actually what's convinced me that renewables are a better choice than nuclear. I still like nuclear, but renewables are just so much easier and faster to deploy while being a lot cheaper. To make nuclear competitive requires regulatory changes along with a government that's simply willing to tell it's NIMBY citizens YIMBY. Government literally has to get in the way of renewable deployments at this point to stop them.
- eru 8mo agoYes, the tariffs on Chinese PV and EV are really crazy. Well, at least we don't believe in tariffs where I chose to live.
- eru 8mo agoNo, the problem is he speaks like he doesn't understand discounting at all. He treats a recurring revenue (or energy) as fundamentally different from a one time gain, as opposed to something you funge via discounting rates. You are one level ahead: I'm more than happy to debate what discounting rates you should be using!