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Nobody will finance new gas turbine factories, because paying one off takes twenty years of a market that solar and batteries will already have taken.

Drawn from what Casey Handmer said

batteries Storage as the thing that decides how much intermittent generation is worth building.

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What Casey Handmer actually said

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  1. Casey Handmer

    Physicist, formerly at NASA's Jet Propulsion Laboratory

    You you also don't know like in order to make that money back, you have to then operate that plant at that capacity for 20 years, right? And if I was looking at the same charts as they're looking at right now, I'd say what are the odds that in 25 years time we can produce gas turbines at a price that is relevant in a world where solar is already at its current price and batteries at a price where they're already like you cannot win.

Added to korrents 15 Aug 2025 · How quotes work · Something wrong? Tell us

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