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by uecker·2y ago·view on hn ↗
Industry can definitely adapt to electricity prices. This is the power of free markets, they can optimize production and demand. Fluctuating prices cause by renewables will cause investments in storage and demand-side flexibility.
1 comments
Only to an extent. But sure: let's hope for better storage technology. But this also immediately eats away at cycle efficiency.

There's a reason nuclear remains, despite cost and apparent risks. It's because it is still less bad than the alternatives.

In contrast nuclear, storage gets cheaper and better. Nuclear does not remain in Germany and is largely irrelevant almost everywhere else. My prediction is that it will increasingly become completely irrelevant, because it does not really help: We need storage, demand shaping, and peaker plants. Nuclear does not have any useful role in this world because it need to run all the time to be able to be profitable, so it can not be used to cover the missing gaps where there is no wind. So it does not make economic sense to today, and this will get even worse.