Source link : https://tech365.info/two-charts-one-grid-clear-electrical-energy-is-getting-cheaper-however-feels-extra-costly-cleantechnica/
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The argument begins with a pair of charts that seem to contradict one another whereas describing the identical actuality. One plots nominal residential electrical energy costs towards carbon depth for the ten largest electrical energy producing international locations in 2015 and 2024. The opposite makes use of the identical knowledge however adjusts costs for inflation. The primary chart means that as electrical energy methods decarbonize, retail costs rise. The second reveals that in actual phrases, electrical energy costs are flat or falling whereas carbon depth declines. Each charts are appropriate. They merely reply totally different questions. One displays how shoppers expertise payments within the second. The opposite displays how the financial burden of electrical energy evolves over time. The stress between the 2 frames explains a lot of the general public and political confusion round electrification.
Two charts of electrical energy value variances vs carbon depth reductions by Michael Caravaggio of US establishment EPRI.
Full credit score to Michael Caravaggio of US group EPRI for the 2 charts. I noticed David Fishman’s repost of Caravaggio’s put up which featured the nominal value variant and went to Caravaggio’s put up to ask precisely the identical query others requested: how does the nominal vs inflation adjusted value evaluate? Another person had requested the identical query and…
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Author : tech365
Publish date : 2025-12-29 06:48:00
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