Green Trouble When The Sun Doesn’t Shine And The Wind Won’t Blow
The dirty little secret of the two primary green energies is that they do not work all of the time. Even though energy from solar and wind can be stored in batteries for future use, it is a disadvantage to fossil fuels. The coal people can say they are always on.
Bloomberg reports that there is insurance for energy companies that have the problem of intermittent operations, but, ultimately, that is not the point. . The point is that the customer has a much or more risk than the provider does.
Ironically, among the reasons for power interruption with solar and wind is climate change. It can cause cloud cover (although it may be air pollution) and an alteration in wind panels. The news organization mentions Kuwait and India, where the effects of the problems are extremely broad
Financial Challenge
The fact that wind and solar have this problem is not only a financial one. In some parts of the world, it is an existential one as well, which is bad for the environment. When one of these two sources of energy becomes financially risky or is turned down because it is unreliable, fossil fuels are the only alternative
This moves the focus to nuclear energy and improvements like small modular reactors. Nuclear energy growth could be supercharged as wind and solar installation production falls short of the necessary levels.
Wind and solar have an Achilles heel.
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