/biz/ - Business & Finance

>>53741924
>Fucking joke. We have 40% renewables and the rest is gas. Dubai has 22% renewables the rest gas yet their costs are basically a tenth.
Renewables increase not decrease cost, they are not base-load capable.
The fluctuation has to be compensated by having conventional power on stand-by/backup.
Cost of renewable is renewable + conventional backup costruction (gas-power able the compensate for renewable fluctuation) + overblown subsidies for being green.
Pic shows german sun&solar fluctuation, UK is likely the same.

Dubai not only has less renewables but also weather and climate where it can make sense.
The UK and Germany would need to store solar energy for the winter months .. not possible with available tech , dubai only has day/night fluctuation which can be mitigated by short-term single-day energy storage. (e.g. thermal solar power plant etc.)

>>51055066
To get an insight what is going on, renewable problems in the grid from minute 19.
Auto-translated subtitles work fairly well but mess up occasionally.
https://www.youtube.com/watch?v=z5trsBP9Cn4&t=1150s