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Climate Change

CATL are starting to ship sodium cells at about 65% cheaper than their lithium cells. Also they last way longer than lithium before degrading - about 3-6 times longer. On top of that, the energy density is now way up to a comparable energy density, it is safer, works in lower temperatures without problems, abundant raw materials. This is a massive jump forward and probably the beginning of the end for LFP. Good news for a change.
 
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Wish there would be balanced reports. Denmarks price of electricity is double that of the US.
 
Wish there would be balanced reports. Denmarks price of electricity is double that of the US.

If only we were blessed with shale gas galore like America ⚡

 
UK's are almost triple.
Crazy money. The wholesale prices are tied to the price of the dominant energy source in the particular market. So, in Italy say it is marginal gas prices, and somewhere like Spain, it is cheaper renewables that have the most effect. The goal is to move to the cheaper stuff until it becomes the dominant player.
 
Crazy money. The wholesale prices are tied to the price of the dominant energy source in the particular market. So, in Italy say it is marginal gas prices, and somewhere like Spain, it is cheaper renewables that have the most effect. The goal is to move to the cheaper stuff until it becomes the dominant player.

It's worse than that. Marginal pricing means you pay the highest rate that is produced. Contracts were agreed 20 years ago on some of the windfarms etc... before the price came down. You will also have nuclear which will keep our bills high for decades. Lastly we pay windfarms not to produce electricity sometimes to not overload the grid. The shortfall means that we have to fire up gas peaker plants to balance it. Which obviously has to be paid for aswell.
 
If only we were blessed with shale gas galore like America ⚡


Left out some pretty key details here didn’t it.
 
Crazy money. The wholesale prices are tied to the price of the dominant energy source in the particular market. So, in Italy say it is marginal gas prices, and somewhere like Spain, it is cheaper renewables that have the most effect. The goal is to move to the cheaper stuff until it becomes the dominant player.

Changing the pricing formula does not eliminate the need for backup generation and imports. Gas is expensive because it is indispensable when the rest of your system is intermittent.
 
If only we were blessed with shale gas galore like America ⚡


We are.


 
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