Comment by api
17 hours ago
That’s just the stickiness of prices, not a problem with solar.
Inflationary money is basically an ugly hack to allow prices to fall without falling.
17 hours ago
That’s just the stickiness of prices, not a problem with solar.
Inflationary money is basically an ugly hack to allow prices to fall without falling.
But it's not happening in areas that keep coal on their grid - Wyoming, Texas, Utah, China, etc.
It's primarily the places that try do both solar an fossil fuel retirement that are experiencing high energy prices - California, UK, Europe, Australia, etc.
To be clear: Australia has always had fairly high electricity prices, and Australia is also not specifically doing 'fossil fuel retirement', although there are coal plants closing they're closing because they're reaching the expected end of their natural life.
Texas has the most wind power of any us state.
High energy prices happen when you don't do the basics to be ready for a change before making it. Or when you skip basic maintenance until everything falls apart. I'm sure there are many other complex factors I don't know about.
Texas also has the most coal power of any state. As with China, success with renewables appears to depend on a policy of compatibility with fossil fuels rather than opposition.