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General Discussion / Re: The friendly and polite Europe related terrible jokes thread
« on: March 15, 2023, 01:10:05 am »The Commission wants to go all-in on a transition to more durable forms of electricity generation. Gas powered plants will be phased out, sustainable energy sources (including not only solar, water and wind but also hydrogen and nuclear power) need to be at least tripled by 2030.
Lets hope it is sustainable because some of that can get really expensive. While more solar and wind is great, as they have become so cost competitive in recent years that in some case they cost less than even operating existing fossil fuel power plants. However, one can't rely on intermittent energy alone, and new Nuclear power plants is the costliest method of production[1], and hydrogen is costlier than gas maybe even costlier than nuclear.
More importantly you will need to invest heavily in energy storage and upgrading your infrastructure. I haven't been following closely but it seem that EU has been investing heavily in that in recent years, however, it is unclear on what schedule and if it is enough. Planed HVDC interconnector and submarine power to Africa or Asia could allow to reduce cost in the long run. (btw the one of the proposed route to Asia goes through Georgia)
[1] i am going by USA data, could be different for EU due to economy of scale, though I doubt its by much, until now all the recent project I heard about went roughly like UKs highspeed train project :/
