Comment by pyrale
5 days ago
> As of today it's not enough to have positive net return, but to have a LCOE of maybe $60/MWh
If you don't count externalities (see cost of firming intermitency [1]).
> (and going down).
Not the last two years according to LCOE+ 2024. the main culprit is inflation, but the curve was nearing flat anyway.
[1]: https://www.lazard.com/media/gjyffoqd/lazards-lcoeplus-june-...
When I go to https://model.energy/ and solve for the cost of energy from renewables + storage in the US, using 2030 cost assumptions, the cost is less than $0.05/kWh. This is providing synthetic 24/7/365 baseload power, so all intermittency has been taken care of.
Problem solved then?
We should give the folks at model.energy the next peace prize for their effort.
You don't have to go that far, but you could at least listen honestly to what that model, and what more complex models, are telling you.
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