▲ 168 ▼ 'Energy independent' Uruguay runs on 100% renewables for four straight months (theprogressplaybook.com) submitted 2 years ago by throws_lemy@lemmy.nz to c/technology@beehaw.org 2 comments fedilink hide all child comments
[+] Tak@lemmy.ml 16 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source hideshow 2 child comments replies: [–] min0nim@aussie.zone 6 points 2 years ago (1 child) It’s not even quite that - the article suggested they raised the commercial equivalent of the 12% through competitive auction. These allow the bidders a set price over 20 years. So it’s cheaper than buying in fossil fuels, the suppliers get certainty, and they achieve close to complete decarbonisation using private investment. How good is that? permalink fedilink source parent hideshow 2 child comments replies: [+] Tak@lemmy.ml 3 points 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] min0nim@aussie.zone 6 points 2 years ago (1 child) It’s not even quite that - the article suggested they raised the commercial equivalent of the 12% through competitive auction. These allow the bidders a set price over 20 years. So it’s cheaper than buying in fossil fuels, the suppliers get certainty, and they achieve close to complete decarbonisation using private investment. How good is that? permalink fedilink source parent hideshow 2 child comments replies: [+] Tak@lemmy.ml 3 points 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[+] Tak@lemmy.ml 3 points 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent