| ▲ | JumpCrisscross 2 hours ago | |
> even if LNG becomes crazy cheap, a battery set up will still save you money in the long run just by allowing off-peak demand See Uruguay. Bet heavily on renewables [1]. Baked in a high cost [2]. If LNG becomes crazy cheap and you're stuck with expensive solar and battery, the countries with cheaper power will eat your industry. On a household level, you wasted money. The alternate you who didn't put money into the solar and battery set-up could have earned more from other investments and had cheaper power. Put another way: if you remove the decommissioning costs, the same argument could be used for nuclear. Once you've built it, it's sort of "free." Except of course it's not. Building it took a lot of work. [1] https://en.wikipedia.org/wiki/Energy_in_Uruguay#Electricity [2] https://www.globalpetrolprices.com/Uruguay/electricity_price... | ||
| ▲ | amarant 27 minutes ago | parent [-] | |
Per your sources it looks like they are subsidising industry use of electricity with household usage: Household electricity prices are 157% of average in SA, and 200% of industry prices. That's not a case of renewables backfiring, it's a case of strange policy resulting in weird pricing. | ||