▲ | bruce511 3 days ago | |||||||
Of course electricity at night is highly desirable. But there are no economic incentives to build it. From a purely financial point of view, base load is not appealing. Whereas cheap solar is appealing. If I have a billion$ to invest, I know which one I'm choosing. I'm maximizing return, not "societal good". Which is why govt is best placed to build base load, since they optimize for societal good, not profit. To make base load appealing to investors we need expensive power at night. But that's countered by local battery storage. To be clear, this is not a "what we need" argument. It's a capital argument. Private Power suppliers chase profit, and there's more profit in daytime power than nighttime power. | ||||||||
▲ | johncolanduoni 3 days ago | parent [-] | |||||||
> Of course electricity at night is highly desirable. But there are no economic incentives to build it. Wait, what? Who is going to accept having no power at night at their house? Ignoring the fact that the intra-utility trade does provide a direct economic incentive, nobody is going to live somewhere the power companies can’t keep the lights on 24 hours a day most days (in the developed world anyway). | ||||||||
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