Very insightful, particularly the "energy security" aspect of renewables as part of an energy mix.
Governments all over the world are viewing the "green" energy movement in its current form as a way toward personal enrichment. Since solar and wind cost much more in funding than the value of energy it can ever deliver (particularly at utility scale), it is, ironically, financially unsustainable.
Even here in sunny Southern California, rooftop solar is collapsing because of reduced subsidies. The economics just don't pencil out in the market economy. Allow me to share:
Very insightful, particularly the "energy security" aspect of renewables as part of an energy mix.
Governments all over the world are viewing the "green" energy movement in its current form as a way toward personal enrichment. Since solar and wind cost much more in funding than the value of energy it can ever deliver (particularly at utility scale), it is, ironically, financially unsustainable.
Even here in sunny Southern California, rooftop solar is collapsing because of reduced subsidies. The economics just don't pencil out in the market economy. Allow me to share:
https://keithlehmann.substack.com/p/the-rooftop-solar-business-is-failingin
Solving for the Energy Trilemma requires better understanding of trade-offs, better use of technology and less dogma - best words ever.