Personally, I’m expecting solar and wind energy to become so cheap to produce, i.e. multiple times cheaper than nuclear, that storage can be paid from that difference.
Here’s a fun graph illustrating the current trends:
I hope that’s true, but so far, there aren’t great solutions for large-scale electricity storage. For individual users, you can get large lithium-ion batteries that can store enough power for 2-3 days for a typical American home, but last time I checked those were in the $5000+ range, exclusive of the costs of wiring your home so that you have an immediate back-up in case of power failure.
And, just so I’m clear, I’m 100% in favor of renewables like hydro, solar, wind, and even waves.
Personally, I’m expecting solar and wind energy to become so cheap to produce, i.e. multiple times cheaper than nuclear, that storage can be paid from that difference.
Here’s a fun graph illustrating the current trends:
Source: https://ourworldindata.org/cheap-renewables-growth
I hope that’s true, but so far, there aren’t great solutions for large-scale electricity storage. For individual users, you can get large lithium-ion batteries that can store enough power for 2-3 days for a typical American home, but last time I checked those were in the $5000+ range, exclusive of the costs of wiring your home so that you have an immediate back-up in case of power failure.
And, just so I’m clear, I’m 100% in favor of renewables like hydro, solar, wind, and even waves.
Competing for land space will surely not be a problem…