China's solar energy production is reaching simply staggering levels, dragging energy costs down around the globe.
  • Baggins@beehaw.orgEnglish
    2·
    5 hours ago

    How does this affect those nuclear deals where the price has been guaranteed for many years? We have a couple in UK. One of which isn’t even open yet. The price per KWh was set before it was built.

    It would be deliciously ironic if solar ended up subsidising mothballed nuclear plants.

    • carrotfox@piefed.socialEnglish
      2·
      4 hours ago

      Nuclear costs are borne by the taxpayer anyway, either through utility fees or taxes. It’s a waste of money at this juncture.