Originally Posted by durl
How would the rising cost of electricity affect this graph? If fossil-fuel plants continue to disappear (as planned) and more power is supplied by renewable plants, the costs are going to inevitably rise quite steeply.
Not necessarily. Renewables may cost more now, but economies of scale will continue to drive down costs in addition to whatever subsidies provided by the Gov't. Example, China through direct subsidies cratered the price of silicon (This is the reason Solyndra's product no longer has viability-they were betting on high prices because their's didn't use silicon (cylindrical copper, gallium, indium diselenide instead). Wind power costs are also falling. Also we are about to see our first new U.S. nuclear plants in decades here in SC.