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this post was submitted on 08 Nov 2023
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And that's while living literally one step away from one of the best state own power utility in the OECD, providing the cheapest electricity of the "western" world. Americans are a lost cause. 🤦
Which is that?
Hydro Québec. Don't get me wrong, they aren't perfect. But they are way ahead of basically everyone else. 0.065CAD/kWh, while still bringing in billions in revenue to the state every year.
Part of the reason it's so cheap is because they sell a lot of power to the US NW, in addition to contracts providing reserve power through reverse-pumping the dams.
It's part of it, but it was this cheap even before those deals were made. Of course geography has a lot to do with it too!
Regions who have a good source of hydro power usually the most flexibility to change up systems relating to electricity.
Its why for example Norway is capable to flip to EVs so quickly (in 2022, 80%+ vehicles sold were EVs). 95% of Norway's electricity is hydro power.