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2024-09-19 14:55:17

Jenny Chase on Nostr: This FT story (quotes me) focuses on the problems solar creates for Pakistan's power ...

This FT story (quotes me) focuses on the problems solar creates for Pakistan's power grid, which is stuck making capacity payments to coal plants. It's losing sales to its best customers, wealthier households and businesses, which can afford to go solar. This increases power prices for everyone else.

The story is good. Always worth considering the downsides of things. And it is, I think, the first case where solar is actually driving a utility death spiral.

https://www.ft.com/content/69e4cb33-3615-4424-996d-5aee9d1afe19
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