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cantbeserious

(13,039 posts)
1. Only Renewables - Not Nuclear - Could Be Too Cheap To Meter
Tue Apr 9, 2013, 04:44 PM
Apr 2013
http://www.guardian.co.uk/environment/damian-carrington-blog/2012/may/22/energy-nuclear-renewables

Only renewables - not nuclear - could be too cheap to meter

Germany's long support for wind and solar energy is delivering zero-cost electricity at times. In contrast, the UK's new energy policy seeks to underwrite the rising cost of nuclear

"Too cheap to meter": that was the infamous boast of the nuclear power industry in its heyday. It has been catastrophically discredited by history.

Yet the phrase may yet see a new life - not of course for nuclear power - but for renewable energy. As the UK government publishes its draft energy bill on Tuesday, acknowledged by all but ministers themselves as primarily an arcane way of getting new nuclear power stations built, I am in Germany.

Already, on one particularly windy weekend here, the surge of electricity drove the price down to zero. Very soon, due to the 25GW of solar capacity Germany has already installed, hot summer's days will see the same effect: electricity too cheap to meter.

Snip ....

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