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Wells Fargo Says Flood of US Renewable Projects Risks ‘Breaking’ Power Markets

8 points| pg_1234 | 2 years ago |bloomberg.com

13 comments

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[+] kylehotchkiss|2 years ago|reply
Even when California is running 100% (or close!) in renewable energy, it’s not hard to get a $200 power bill even for an apartment. Somebody has to pay to maintain all the infrastructure.
[+] flagrant_taco|2 years ago|reply
I haven't lived in California for decades now, was renewable energy ever promised as a solution to lower electricity bills or only as an environmental imperative?
[+] api|2 years ago|reply
Search for “duck curve.” The problem is lack of cheap storage. A secondary system of mostly gas turbine generation has to ramp up when the sun goes down. As it stands every day at dusk California experiences the equivalent of around 10 nuclear power plants shutting down. (I guess in reality it’s one big fusion power plant going offline…)
[+] mytailorisrich|2 years ago|reply
100% renewable does not imply plentiful or cheap electricity.

Infrastructure is cheap to maintain in term of amount on your Bill.

[+] tikkun|2 years ago|reply
Meta: When I clicked the bloomberg link, Safari asked me: Do you want to allow downloads on "news.ycombinator.com"?

I clicked cancel, clicked the archive link, worked fine, clicked the bloomberg link again and it loaded fine with no request.

Did this happen to anyone else?

Seems suspicious.

[+] gruez|2 years ago|reply
I'm not getting this, so you should check whether your browser contains any malicious extensions.
[+] seydor|2 years ago|reply
oh no! such disaster