And no, they are wrong, gas is still currently cheaper ($40 is less than $70)
And no, they are wrong, gas is still currently cheaper ($40 is less than $70)
For solar in Germany, it is 37 Euro/MWh to 80 Euros/MWh not including storage.
According to [1] (figure 5, 6) its at the maximum, around 80€ MWh. Am I looking at the wrong stats?
[1] https://ec.europa.eu/eurostat/statistics-explained/index.php...
Base load is a myth; as long as you can orchestrate low carbon energy (nuclear + renewables + hydro), storage (hydro and batteries), transmission, and load shifting and shedding, the grid will continue to operate at expected service levels. Europe demonstrates this today with high renewables penetration in Portugal, Spain, the UK, and Germany, and nuclear in France (with robust exports to adjacent grids). "Excess" renewables that are curtailed during low demand seasons solve for near term storage as the storage manufacturing/deployment ramp curves upward and the price decline curves downward.
https://pv-magazine-usa.com/2025/07/01/solar-cost-of-electri...
https://ember-energy.org/latest-insights/solar-electricity-e...
https://ember-energy.org/countries-and-regions/european-unio...
https://ember-energy.org/latest-insights/solar-is-eus-bigges...
As long as you keep the gas peaker plants operating for those few months every couple of years with overcast, low wind weather (e.g. in 2021: https://theconversation.com/what-europes-exceptionally-low-w... ) which severely limits a lot of the renewable output.
Or you don't have an unpredicted peak/drop and the whole grid fails over (cf. Iberia a few months back).
Handwaving very complex problems as "it's a myth" won't make it go away.
Having evidence that the problem is tractable, while observing the continued rate of deployment of generation and storage, as well as their cost decline rates, is arguably not handwaving anything away. Simply follow along observing China as they continue to prove out the thesis ahead of developed countries.
Enough sunlight falls on Earth in ~30 minutes to power humanity for a year. Everything else is capture, transmission, and storage.
China launches world’s first grid-forming sodium-ion battery storage plant - https://www.ess-news.com/2025/06/03/china-launches-worlds-fi... - June 3rd, 2025 ("With a total investment of over CNY 460 million ($63.8 million) and occupying 34,000 square metres, the Baochi plant is designed for an installed capacity of 200MW/400MWh. Based on a dual daily charge-discharge cycle, it can regulate up to 580 GWh annually — enough to power 270,000 households, with 98 per cent of its energy sourced from renewables. The facility supports more than 30 local wind and solar power stations, alleviating the impact of intermittent supply and facilitating the integration of high shares of renewables into the grid.")
How we made it: will China be the first electrostate? - https://www.ft.com/content/e1a232c7-52a0-44dd-a13b-c4af54e74... | https://archive.today/OSFYo - May 20th, 2025
If not, there must be other costs not included, in the above statement?https://www.theguardian.com/business/2025/apr/20/why-the-uks...
https://www.iea.org/reports/renewable-energy-market-update-j...
https://ember-energy.org/data/european-electricity-prices-an...
https://gmk.center/en/infographic/electricity-prices-in-euro...
https://www.cam.ac.uk/research/news/electricity-prices-acros...
However, it's true that places with low heat pump adoption tend to have few ACs. For example, ACs are rarer in Germany than in Norway, despite Germany being warmer.
If you want numbers, search Google and find your preferred sources. It'll take all of 10 seconds, I promise.
No, that isn't what the article says. I'll quote it for you:
I think it was around $70 for new gas. It was a weighted US average — from memory, but I might be wrong on that.
I suspect your $40/MWH isn't LCOE, it's the marginal cost of producing an extra MWH from an existing plant. A second problem they don't mention for gas is the demand is so high, the wait time for a new turbine is around 4 years. Batteries on the other hand can be bought with very short lead times.Marginal costs of $108 for gas peaking and $31 for combined cycle. $48-$107 actual LCOE ($77.5 average).