Re:Google Funding Construction of Seven U.S. Nuclear Reactors
by Moldoteck on Tuesday October 15, 2024 @08:41AM
(#41847963)
transmission upgrades are needed for renewables due to their distributed nature https://www.reuters.com/business/energy/germany-looks-specia...
> They already do, in good weather.
We haven't reached yet such renewable market penetration to get this problem. It'll happen when a lot of days, 10 day hours will be covered by renewable output.
> And how much of that was for a guaranteed price made way back when the stuff was still expensive?
I have no idea how are these are distributed. Do you have a link for recent vs old projects?
https://www.energymonitor.ai/power/live-eu-electricity-gener...
> New solar/wind will not be able to sell energy at negative prices unless they get subsidies.
They already do, in good weather.
> 20bn/yr for price subsidies and their grid is far from overcapacity
And how much of that was for a guaranteed price made way back when the stuff was still expensive?
New PV is, by itself, the single cheapest source of electricity; even adding on batteries only takes it up to somewhere between gas and nuclear depending on the specifics.
> and that doesn't account for other subsidy types like for transmission for renewables
How's that a subsidy? I've not seen the breakdown of bill costs here, but back in the UK there was a split between connection cost and use cost.