Navigated to Rethink Energy 228: the latest renewable energy capex costs

Rethink Energy 228: the latest renewable energy capex costs

June 8
20 mins

Episode Description

  • With Republicans sabotaging renewables and Democrats bound to push out fossil fuels, nuclear stands to benefit as the 'least interfered with' option. President Trump has signed a new EO upping the Biden 2050 target of 200 GW, to 400 GW of nuclear power - to include 10 constructions beginning by 2030, and this is backed by data center hyperscalers, which combine massive future electricity demand growth and the necessary private funds to support nuclear projects.
  • California curtailed almost 1 TWh of wind and solar in the month of April, even as batteries ramp up to discharge 10 GW each evening.
  • The China Hydropower Research Institute has released a sweeping report into renewable energy capex - in which the most surprising finding is that compressed-air energy storage is cheaper upfront than lithium energy storage batteries, if there's a natural salt cavern to use - and scarcely more expensive even with artificial excavation.
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