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Much of North America may face electricity shortages starting in 2024

31 pointsby rustooover 1 year ago

5 comments

neverrrootover 1 year ago
We have the technology for reliable energy production, it’s called nuclear. For political reasons, we sacrifice our stability, do I get this right? Germany is a great example of a country in distress due to such radical political decisions, while still putting out more carbon per unit of energy than all EU countries except one (Polen).
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konschubertover 1 year ago
I think this is a non-story.<p>They say that demand is expanding faster than ever. They claim that this will lead to shortages, but they forget that the power market is a market, and thus:<p>* prices will rise in peak hours, and industrial demand will respond<p>* the raised prices will cause a lot of new supply to be added, bringing prices back down.<p>It’s only a problem in places that cap industrial power prices or that prevent the construction of new power plants. (This will be mostly solar and batteries.)
Syttenover 1 year ago
Gotta love our electricity state monopoly in Quebec. You can say many bad things about it, but planning correctly for expanding demand is not one of it. And price, still the cheapest electricity in North America.<p>One thing lots of people miss is you have to invest in reducing demand for heating by subsidising good practices like heat pump and renovations. This is what a state monopoly can do even if the government doesn&#x27;t want to invest.
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diyftwover 1 year ago
Unpaywalled <a href="https:&#x2F;&#x2F;archive.is&#x2F;kWxBn" rel="nofollow noreferrer">https:&#x2F;&#x2F;archive.is&#x2F;kWxBn</a>
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jsbisviewtifulover 1 year ago
Is it just me or has this fortune been repeated for the last several years with the only place seemingly showing any indication of true struggle being Texas?