| ▲ | jmyeet 2 hours ago | |
The percentage increases here don't really tell the full picture. Look at it in terms of pure TWh [1]. China just dwarfs any other country in terms of wind and solar deployment. I guess that's the difference between putting engineers in charge instead of those who believe in the magical powers of red heifers [2]. One of the short-term issues in the US is going to be that a lot of utilities depend on natural gas and natural gas prices are going to keep rising beyond whatever happens in the Persian Gulf because of increased LNG exports (that directly raises domestic prices) and the increased use of gas turbines for AI data centers. Plus all the consumers are going to pay for the infrastructure buildout for electricity for those data centers. So, despite a large Y/Y solar increase in the US, electricity prices are only going up. [1]: https://www.statista.com/chart/36117/electricity-generated-b... | ||