New research shows renewables are more profitable than nuclear power - eviltoast
  • gnygnygny@lemm.ee
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    1 year ago

    Solar price still decreasing and the demand never been so high. That’s the faster energy deployment.

    • echo64@lemmy.world
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      1 year ago

      Demand has never been so high. If we wanted to go all in on solar and get to net zero on it, that demand would be 100x higher.

      Right now, the driving reason behind solar prices going down is to encourage more demand. If that demand were to jump suddenly, then that driving reason is gone, and suddenly it makes more sense to charge more as supply can’t keep up.

      Maybe you’ll understand the point better now.

      • gnygnygny@lemm.ee
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        1 year ago

        I was speaking about the market, the solar panel price. Many developing countries now invest in solar power to meet their energy needs with the cost of solar energy technologies decreasing and the availabilities of governments subsidies. The Ukrainian conflict may have an impact on the market but nothing is sure.

        The path to Net Zero is mainly Solar and Wind. https://www.iea.org/reports/net-zero-by-2050

        • echo64@lemmy.world
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          1 year ago

          Right now, the driving reason behind solar prices going down is to encourage more demand. If that demand were to jump suddenly, then that driving reason is gone, and suddenly it makes more sense to charge more as supply can’t keep up.