It's really sad to me that this kind of headline can sit right next to ones like "The decreasing cost of renewables unlikely to plateau anytime soon". We're an adaptable species individually, but...
It's not really about lack of adaptability per se, it's about storage. Energy storage isn't cheap enough to take full advantage of the low cost of renewables. When it's factored in to the extent...
It's not really about lack of adaptability per se, it's about storage. Energy storage isn't cheap enough to take full advantage of the low cost of renewables. When it's factored in to the extent needed to run an entire grid, you're looking at price levels above nuclear power, which already struggles in the mindless paperclip maximizer of the market, even though neither is that expensive in absolute terms.
Heavy rains in India’s largest mining regions are worsening the country’s coal supply crisis. Flooded mines and water-logged roads have slowed down operations at state miner Coal India Ltd.’s mines, according to technical director Binay Dayal, choking supplies to power stations. That’s pushed stockpiles of the fuel to 9.3 million tons, the lowest since October 2018, data from the Central Electricity Authority show.
The fossil fuel produces nearly 70% of India’s electricity and the crisis has been aggravated by the high prices of overseas coal, which has led to some large power plants that burn mainly imported coal to idle much of their capacity to cut losses.
It's really sad to me that this kind of headline can sit right next to ones like "The decreasing cost of renewables unlikely to plateau anytime soon".
We're an adaptable species individually, but when it comes to changing societies we're so damn slow.
It's not really about lack of adaptability per se, it's about storage. Energy storage isn't cheap enough to take full advantage of the low cost of renewables. When it's factored in to the extent needed to run an entire grid, you're looking at price levels above nuclear power, which already struggles in the mindless paperclip maximizer of the market, even though neither is that expensive in absolute terms.
From the article: