Australia's largest stock trading and investment forum Australia's #1 stock forum

Renewables cheaper than fossil fuelled electricity is an oxymoron, page-7

First 7 Last

Share
Profile

Follow
bruceyg

35,295 Posts.

3

12/11/21

10:50

Post #: 57522107
Share

Originally posted by moorookamick ↑

The assertion that Renewables are cheaper than fossil fuelled
electricity generation is an oxymoron because if that were to be true
private enterprise would have stepped up and replaced fossil fuelled
electricity generation decades ago.

Our capitalist system over time favours the lowest cost inputs and
the highest revenue outcomes........in short, the maximisation of profit!

If we are to be truthful we simply have to ask what more are consumers willing
to pay for carbonless electricity be it solar/battery, wind/battery, nuclear or
hydrogen where the hydrogen is manufactured by solar/wind etc.

I'm willing to pay 10% more for my electricity if that's what it takes to go carbonless.
What about you?

Expand

Originally posted by bacci ↑

Eventually electricity prices will fall.
Small scale, distributed, mass produced nuclear reactors will do it.

Solar and wind power are merely a passing fad. Our grandchildren will laugh at those logical culture de sacs as we laugh at early model "walking cars".

bacci

Expand

dreamers
2 Upvote

Reply

Top Stories

A junior miner unlocking high-grade potential in British Columbia

Building value through discovery in Mexico’s silver heartland

Trump chides Powell as Goldman call for calm. The RBA must be nervous

AII

Inside the depths of Panasqueira: A legacy carved in rock

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

First 7 Last

SPONSORED BY