- cross-posted to:
- upliftingnews@lemmy.world
- cross-posted to:
- upliftingnews@lemmy.world
Here in Belgium there used to be big government subsidies for solar panels 5-10 ago.
Now the same wattage battery + solar setup without any government subsidies is a good chunk cheaper than that time with the large subsidies.
Pretty cool and shows the power of government renewables subsidies. A huge percentage of houses in Belgium have solar panels now.(and electricity still costs 0.30€/kWh average because of fossil fuel energy lobbies)
Now that there is a local industry around it, most renovations and almost all new builds include them.
4 million households in Australia have solar panels.
They are great value.
$60k per MW or $210M for a nuclear reactors worth (3.5GW). Sure… the reactor will go 24/7 (between maintenance and refuelling down times, and will use less land (1.75km² Vs ~40km²) but at 1% of the cost, why are we still talking about nuclear.
(I’m using the UKs Hinckley Point C power station as reference)
We can’t manufacture and install enough solar farms and storage to get us off of fossil fuel within 20 years and more importantly available investment capital isn’t the limiting factor.
Investments in nuclear power are not taking money away from investments in solar.
We can do both, and it gets us off fossil fuels sooner.