Re:EU electricity production by country and source
by tomatocracy on Sunday November 06, 2022 @08:53AM
(#33492639)
Of course, this is why markets where everyone is forced to sell into a single pool don't work. If you let them sign a PPA for baseload electricity with a consumer who values that certainty (and there are many) for the whole year at 10c/kWh then there is no issue.
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Re:EU electricity production by country and source
by Retric on Sunday November 06, 2022 @09:11AM
(#33492804)
Yes and no, PPA don’t change the underlying economics. In the above model, of batteries added 20c/kWh then Nuclear averages cheaper over a full day. If batteries added 10c/kWh then Solar ends up cheaper over a full day.
The underlying issue is nobody wants a PPA that lasts for the full 40+ year lifespan of a new nuclear reactor and battery prices are still falling. Enough subsides can make anything viable, but western governments have largely lost interest in doing so.