7 ms·
> Economies of scale -> more energy = bigger electric plants = cheaper energy. This isn't true. Certainly not globally. Because electricity in 2026 is converti
by berkes 2mo ago
> Economies of scale -> more energy = bigger electric plants = cheaper energy.
This isn't true. Certainly not globally. Because electricity in 2026 is converting finite and scares resources. Plants need fuel to burn, water to cool, material to build, land to sit on, etc. Yes, even Nuclear plants¹ need increasingly more scarce resources like "coolant".
What has been bringing electricity prices down is renewables: insane amounts of solar and wind being installed hourly. But even with that, we are still lagging, globally: energy prices are -on average- rising, projects halted or stalled because of lack of electrical capacity and ever increasing amounts of CO2 pumped into the atmosphere. Not less. Not cheaper. Not more supply.
¹ https://www.france24.com/en/france/20260712-france-temporarily-shuts-down-three-nuclear-reactors-over-heatwave https://www.france24.com/en/france/20260712-france-temporari...
- logancbrown 2mo agoIt is true globally as well, but there are certainty anecdotes where confounding factors makes it not true like what you've highlighted with specific France Nuclear reactors. We should be cognizant of the environmental impact of producing more energy, but it still remains true that making more energy means cheaper energy across the resources we have today.
- berkes 2mo agoNo, sorry. It's simply not true. Energy prices, and electricity prices are rising, indexed for inflation. For households and for commerce. E.g. https://fred.stlouisfed.org/graph/?g=UUeu https://fred.stlouisfed.org/graph/?g=UUeu