alt Hacker NewsYes, because the primary externality is an unreliable power grid. That externality is being priced into the unreliable sources of production.
Any other externality is a rounding error against an unreliable electric grid.
Yes, because the primary externality is an unreliable power grid. That externality is being priced into the unreliable sources of production.
Any other externality is a rounding error against an unreliable electric grid.
While I agree that the unreliable grid dominates I don't see how that says it's been factored in. The cost is hidden, pushed off onto the existing powerplants which run less of the time and thus cost more per kwh actually produced. This "works" until you don't have enough gas when it's calm and things go badly.
Most places simply do not have a high enough percentage of renewables to hit this yet. Last I knew Hawaii had hit a different wall--while in theory a transformer works equally well in both directions real world engineering of high power transformers doesn't work that way. The substations can't push power up, thus solar connections were prohibited if they could cause the situation to occur. (You can't have panels if too many of your neighbors do.)