Comment on Why doesn't the capitalist economy invest in cheap renewable energy?
ujeenator@lemm.ee 1 month agobut has a blind spot in how it can be gamed if a few large companies conspire in keeping the electricity a mix. Interesting, thank you for insights, is there anybody on youtube or podcasts who provide any analysis on this topic for EU?
As a result electricity prices for private and industrial consumers are high Does that mean, that it may be cheaper for them in advance, to build their own solar plant + large energy storage? e.g. with 3-5 years ROI
poVoq@slrpnk.net 1 month ago
Yanis Varoufakis has done a few interviews and videos on the topic which you can find on YouTube.
Some large industries are doing that, yes. But due to very low gas prices until 2022, much of the industry has slept on the issue and now with general economic headwinds are not necessarily prioritizing such investments due to other bigger problems.