Nick Young 20h ago

BOOM!
South Australia's power prices have plummeted as they near 100% renewables, proving to the world that relying on wind and solar with battery back-up is possible, more reliable and costs people less.

THIS is how we avoid the next oil crisis.

#EnergyRevolution #solar #renewables #australia #makeoilhistory #auspol #NZPol #NewZealand #iran

https://www.newscientist.com/article/2514985-this-states-power-prices-are-plummeting-as-it-nears-100-renewables/?utm_source=nickofnz&utm_medium=nickofnz

This state’s power prices are plummeting as it nears 100% renewables

South Australia is proving to the world that relying largely on wind and solar energy with battery back-up is incredibly cheap, with electricity prices tumbling by 30 per cent in a year and sometimes going negative

New Scientist
Show threadDS11h ago

@nickofnz Good for Australia but doesn't mean it should (or work) for every country e.g. Finland.

But I like the idea of more autonomous life and increasing the share of renewable sources wherever it is possible.

Show threadPeter Brown9h ago
@ddens @nickofnz well it has worked for Scotland, Uruguay, Costa Rica and Norway. All very different countries all 100% renewable electricity
Show threadDS9h ago
@peterbrown @nickofnz but doesn't for Germany, France, Denmark, Sweden, Finland, etc.
Show threadPeter Brown

@ddens @nickofnz of course it doesn’t. Because hydro power, wind and the sunshine are different in those countries ;)

Uruguay’s transitioning to renewable electricity was spectacular because it was fast and didn’t cost the government a penny. The whole process was overseen by a physicist not a politician. Simply by adjusting incentives and taxes the private electricity companies did all the work themselves at no cost to the government.

8:00pmWeb