this post was submitted on 17 Nov 2023
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Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.

Source: https://ourworldindata.org/cheap-renewables-growth

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[–] Rooskie91@discuss.online 2 points 1 year ago (4 children)

It doesn't matter how cheap solar is. Fossil fuels are still more profitable, because once a fossil fuel plant is built, it needs fossil fuel to run. You can't do the same with sunlight. We literally cannot shift away from fossil fuels under the current profit driven model.

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[–] BastingChemina 2 points 1 year ago (1 children)

The price of electricity produced is an interesting metric to look at but can be very misguiding alone without more data around it.

It like comparing the price of rain water compared to well water.

The same way that solar is cheaper than nuclear, rain water is much cheaper than well water, you just need a roof with a gutter to get rain water.

Does it means that we should stop using wells and rely only on rain water and use water only when it rains ? Or do we also want to have tanks, do we need a backup for when the tanks are empty ? ...

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