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oh no! think of the stock market!
(lemmy.world)
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this post was submitted on 02 Oct 2024
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This is a real problem for renewables.
You don't get paid when the sun shines, and you don't get paid for when it does not.
You had to pay for building the solar panels and maintaining them. Corporate greed aside none sane would like their tax money either to be spent on producing electricity when it's not needed.
Next step for renewables must be storage that is cheap enough for it to beat having fossil fuel on standby.
You need to set the corporate greed aside in your own mind, too (not saying you're greedy, saying you've been indoctrinated to only see life in capitalist terms). Stop thinking in "cost" or "profit", start thinking in "benefit" and "use". Producing electricity when it isn't needed is only a problem when someone is looking to make money off of it.
It’s valid to think in terms of cost IMO even when trying to drive the concept of profit out of the discussion. It’s just a matter of using limited resources in efficient way that leads to more benefit.
The cost units don’t need to be dollars or euros. It could be in tons of a natural resource or some other thing that’s more tangible than money. But as long as those resources are limited in some way, it would be great to get more MW or MWh for the same resources put in.
The sick corporate greed part affects which costs get ignored though, like the externalities. They think “sure I’m poisoning our food supply and killing people every day, but nobody takes money out of MY bank account because of it.”