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Reply to "Trump suspends all offshore wind farms under construction ending thousands of jobs and cheaper energy"
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[quote=Anonymous][quote=Anonymous]Great electricity will be more expensive to generate.[/quote] Only in your dreams. It is pure economic now. Solar and battery is now cheaper vs any other type of power generation and it is easily scalable. It also is attractive to countries with limited fossil fuels because it can make them energy independent. [quote] The plunging cost of battery storage, and how it’s changed the grid – and saved the day for big solar The plunging cost of battery storage is making its mark across the globe. It has had a huge impact in Australia, where grid scale battery storage is now regarded as the glue that will keep a renewables dominated grid together. The federal government’s rebate for household batteries has proved so popular that the government is now considering changes because the allocated budget will likely be exhausted. Across the world, according to BNEF, the cost of grid scale battery packs has fallen another 45 per cent in 2025 following a 40 per cent fall in 2024. The UK-based energy think tank Ember has now also reached the same conclusion, underlying its unexpected impact on solar power. Cheap batteries do not just complement solar, they unlock its full potential,” says Kostantsa Rangelova, a global electricity analyst at Ember. “Solar is no longer just cheap daytime electricity, now it’s anytime dispatchable electricity.” And it’s competitive. The changes have been so dramatic, and so rapid, that countries are still digesting its implications, and its possibilities. “The economics for batteries are unrecognisable, and the industry is only just getting to grips with this new paradigm,” Rangelova said. … This matters, Ember says, because it changes how solar can be used. The global average price of solar in 2024 was $US43/MWh. If half of daytime solar generation is shifted to the night, then the 65 $/MWh storage cost adds about 33 $/MWh to the total cost of solar, taking it to a total dispatchable electricity cost of $76/MWh. “Solar is no longer just cheap daytime electricity, now it’s anytime dispatchable electricity. This is a game-changer for countries with fast-growing demand and strong solar resources,” Rangelova added[/quote] https://reneweconomy.com.au/the-plunging-cost-of-battery-storage-and-how-its-changed-the-grid-and-saved-the-day-for-big-solar/ All in the last two years. It is a technology revolution. Unfortunately the US will miss out on this. Get ready to spend a lot more of your take home paid on electricity. [/quote]
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