This price of electricity is high because gas, which is still expensive, sets the price of electricity most of the time [1]. The levelized cost of electricity for solar (including batteries) and wind is cheaper than coal [2].

[1] https://www.carbonbrief.org/qa-why-does-gas-set-the-price-of... [2] https://www.ise.fraunhofer.de/en/press-media/press-releases/...

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consensus1 an hour ago | parent [-]

I will believe it when I see it. The only countries with both cheap and clean electricity are those that built out extensive nuclear or got lucky enough to have access to other forms of cheap base load like hydro / geothermal.

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tapoxi an hour ago | parent [-]

Australia would disagree: https://www.energy.gov.au/news/new-energy-plan-daily-window-...

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phillipinman 42 minutes ago | parent | next [-]

As an Australian I can say that for me personally the free energy periods have been amazing and are an example of the functional free markets making life better for the average person.

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PorciiVorbesc an hour ago | parent | prev | next [-]

Australia hasn't shot itself in the foot like EU's self inflicted policies.

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mjmas an hour ago | parent | prev [-]

Becaude, as we all know, taxpayer-funded == free.

And we banned nuclear, since it's scary.

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tapoxi an hour ago | parent [-]

It's not taxpayer funded, the grid has an overabundance of daytime solar that exceeds their capacity to store it.

	▲	mjmas 43 minutes ago \| parent [-]
		Here in Queensland the state owns the regional electricity company, Ergon. ∴ most of what they do that doesn't generate money (such as doing free electricity rather than charging for it) is taxpayer-funded.