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A reader asks “what’s modified over 11 years” in defending quotation of a blogpost from 2012.
Nicely, one factor is “prices”, as know-how and gear have developed. From NREL (2022).
Battery storage prices are additionally coming down quick, as mentioned on this post. Right here’s a graph displaying the evolution of capital prices and projections from NREL (2021).
So, what’s modified since 2012. Unsure, however lots’s modified since 2015. Prices of manufacturing and storage of vitality from wind is approach down. Presumably, incorporating the insecurity of provide from pure fuel and/or oil are nonetheless excessive or probably rising (as a consequence of local weather change that raises the chance of freezing infrastructure in ERCOT, or disruption of oil manufacturing from locations like Russia), so it appears the profit/value ratio for wind is rising over time.
However that’s simply me, referring to information, as an alternative of citing evidence from 11 year old blogposts.
(By the way in which, this reader is the same guy that said Trump’s April 2018 tariff action would cause a mere “blip” in soybean prices; they didn’t recuperate till after the 2020 election, wherein Mr. Trump misplaced. I suppose for some, 2 years is a “blip”).
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