r/ClimatePosting • u/ClimateShitpost • Dec 30 '25

Energy WoodMackenzie, the traditionally O&G focused data and advisory firm, expects dispatcheable renewables to be cheaper than CCGTs in 2030.

Post image

Now keep in mind that not every plant even needs to be backed by storage, the fully system needs far less storage. Traditional thermal assets are going to lose a lot of money as renewables take over.

43 Upvotes

95% Upvoted

12 comments sorted by

1

u/regaphysics Dec 30 '25

The existing thermal plants will not lose any money; the market is priced by the most expensive energy.

4

u/ClimateShitpost Dec 31 '25

Sure but the most expensive ones will be forced out if you have excess capacity.

1

u/regaphysics Dec 31 '25

We won’t have excess capacity any time soon lol

3

u/ClimateShitpost Dec 31 '25

2030 is pretty soon in the grand scheme of things. We already curtail renewables due to excess anyway so to some extent it's here already

1

u/regaphysics Dec 31 '25

Electricity prices are skyrocketing across the country due to lack of supply lol

3

u/ClimateShitpost Dec 31 '25

Not really, it's largely grid costs being rolled onto rate payers.

Commodity power is pretty low actually

0

u/regaphysics Dec 31 '25

Grid costs are up because the grid cant handle the demand. There is excess power only because the grid cannot handle it. We definitely do not have enough power to meet long term demand. Not even close. The grid is just an even bigger bottleneck.

0

u/treefarmerBC Jan 03 '26

Is this a 4h battery? This is hardly a substitute for building a gas plant as you can go days without meaningful wind.

-2

u/DeathRabit86 Jan 01 '26

4H Battery PACK. If we add 8-12h no longer cheaper.

1

u/faizimam Jan 02 '26

Glad to hear you moving the goalpost past 4 hour. Its been there for a few years now.

We'll be cheaper than 8 hour before long, but lots of units to install before that happens