Friday, March 26, 2021

On fossilized assumptions

The comparative cost of different power options in the real world:

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.


Across the U.S., renewable energy is beating coal on cost: The price to build new wind and solar has fallen below the cost of running existing coal-fired power plants in Red and Blue states. 


Building new wind and solar plants will soon be cheaper in every major market across the globe than running existing coal-fired power stations, according to a new report that raises fresh doubt about the medium-term viability of Australia’s $26bn thermal coal export industry.

While some countries are moving faster than others, the analysis by the Carbon Tracker Initiative, a climate finance thinktank, found renewable power was a cheaper option than building new coal plants in all large markets including Australia, and was expected to cost less than electricity from existing coal plants by 2030 at the latest.

The default assumption in Saskatchewan's fossilized media:

And even if they were to, there is the messy problem that we still must burn coal for the lion’s share of our electrical needs because solar and wind remain costly and we aren’t blessed with hydroelectric resources.

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