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Re:Making steel without emitting CO2 by zjaffee on Tuesday February 06, 2024 @11:17PM (#39284441)
Not inherently, nothing is cheaper than hydropower.
Re:Making steel without emitting CO2 by ChatGTP on Tuesday February 06, 2024 @11:30PM (#39284508)
How reliable is hydropower now though? I’m living in a place which normally sees huge snow falls each year, this melting snow runs hydro, guess what ? We have about 15% of our usually base.
Re:Making steel without emitting CO2 by Alpha3031 on Wednesday February 07, 2024 @03:09AM (#39285863)
Not necessarily true at this point for new projects. IRENA indicates wind projects commissioned globally in 2022 had a weighted average LCOE of $33 USD/MWh. Hydropower projects over the last decade or so (2010–2021) were around $39 to $48. (2022 average was $61, but obviously recent market conditions were far from normal)
Re:Making steel without emitting CO2 by kristjank on Wednesday February 07, 2024 @04:58AM (#39286585)
AFAIK, LCOE are known to be misleading when comparing electricity sources with different power characteristics and applications.

https://www.wri.org/technical-perspectives/insider-not-all-e...

Re:Making steel without emitting CO2 by bryanlarsen on Wednesday February 07, 2024 @09:26AM (#39288925)
Wind, with it's availability of ~60% is not massively different from other energy plants with their availability of 80 - 92%.

Solar is worse, but since most modern high quality tables include LCOE's for "solar" and "solar+battery" with very different numbers, it shouldn't be misleading.