Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
You have to have some base load it can’t be all renewable because renewables just aren’t reliable enough. The only way to get 100% reliability from solar for example would be to build a ring of panels around the equator (type 1 civilization stuff).
Of all the options for base load, nuclear is the least worst, at least until we can get Fusion online, but you know that’s always 20 years away.
Storage. It’s all about storage. In exactly the same way that our water is handled. We have reservoirs to handle the times when natural water supply is low.