@aaronsojourner.org Your happiness may be somewhat mitigated, if we ever find out what the cost per Kw of generating capacity is.
@aaronsojourner.org Your happiness may be somewhat mitigated, if we ever find out what the cost per Kw of generating capacity is.
I have no doubt that this is not as cheap as lets say coal. However 2 points stand out: 1. this will probably become cheaper as the tech issues get fixed and we start to focus on efficiency. 2. if you cost out the externalities for oil/coal in health or security for example, it could be competitive.
Coal is irrelevant these days. A more interesting comparison is with geothermal which continues to find its capital costs 'challenging'. And geothermal has had many decades to become cheaper.
Coal supplies one third of energy production in the world. If that's irrelevant, I would love to know what relevance looks like to you.
1. I, along with billion others, do not live in a developed country, so the share of coal in developed countries is pretty much meaningless to me. 2. The fact that coal's share is decreasing does not mean it's not still over a third of the global energy output.