Comment by GrumpyNl
2 days ago
Despite all the great technology and improvements over the years, consumer energy in Europe has never been so expensive.
2 days ago
Despite all the great technology and improvements over the years, consumer energy in Europe has never been so expensive.
We have started to tax carbon in form the of the ETS system while now LNG keeps being the marginal producer in the grid.
Meaning - the interconnection queue for storage and new renewables is absolutely enormous but getting enough online to meaningfully alter the electricity bills will take years.
In the USA, eg California, the cost of building out the grid we need (to achieve netzero) is mostly borne by retail consumers. Versus industry and data centers. (IIRC)
Obviously, this creates huge push back, threatening the transition to renewables.
The Correct Answer remains federal policy and support. Just like the New Deal Era's electrification of our country.