/biz/ - Business & Finance

>>25630896
I see no issue with this chart. Obviously it's expensive to shut down all your nuclear plants and generate electricity another way but compared to building new nuclear plants it's objectively cheaper.
>>25631052
That is for 100% generation from renewables, if 5% other generation is included the prices are already good enough. Battery costs have been falling about 15% a year so they'll be cheap enough for 100% renewable long before we get to that point. Tesla is greatly improving this rate and they may achieve a 50% drop in the next few years. Keep in mind that energy storage batteries don't have to have the most energy dense cells and they can use cheaper and more available chemistries.