Does 'Levelized Cost of Energy' (LCOE) give us the right numbers?

Just Have a Think July 20, 2025
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Just Have a Think

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This channel seeks to understand the issues that face our civilisation in the 21st Century and focusses on the potential solutions that will save as many lives as possible and hopefully bring about a greater level of equality in the world. The channel is not a debating forum about whether Human Induced Climate Change is a real phenomenon or not. If that's what you're after then I can highly recommend chat forums on Social Media, where people on both sides of the argument go round and round in circles achieving precisely nothing at all. That is a mug's game. And it's not my game. Anyway, outside of those caveats, I do try to keep it light and humorous wherever possible, so I hope you enjoy the content. Oh..and me... Dave Borlace. Born 1969. BSc in Technology from the Open University in the UK. After a 30 year career in People and Project Management, I now work full time on the channel thanks to the amazing folks who support me on Patreon at patreon.com/justhaveathink

Video Description

There's a big schism among energy system analysts right now. Some experts advocate for electricity grids running on 100% solar, wind and battery energy storage. Others argue that this is nothing more than delusional 'hopium'. But with cost curves of all these technologies following exponential trajectories, is it now realistic to project that we may soon reach this lofty goal? Help support this channel's independence at http://www.patreon.com/justhaveathink Or with a donation via Paypal by clicking here https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=GWR73EHXGJMAE&source=url You can also help keep my brain ticking over during the long hours of research and editing via the nice folks at BuyMeACoffee.com https://www.buymeacoffee.com/justhaveathink Video Transcripts available at our website http://www.justhaveathink.com Reference Links: Link to access Robert Idel's paper on LFSCOE https://www.sciencedirect.com/science/article/abs/pii/S0360544222018035?fr=RR-2&ref=pdf_download&rr=956c6b87992876f0 EMBER paper on 100% solar and batteries https://ember-energy.org/latest-insights/solar-electricity-every-hour-of-every-day-is-here-and-it-changes-everything/ RethinkX https://www.rethinkx.com/ Link to David Orban's podcast with Tony Seba and Jamie Arbib https://www.youtube.com/watch?v=T_cAi6CBnDY&t=1954s Check out other YouTube Climate Communicators zentouro: https://www.youtube.com/user/zentouro Climate Adam: https://www.youtube.com/user/ClimateAdam Kurtis Baute: https://www.youtube.com/user/ScopeofScience Levi Hildebrand: https://www.youtube.com/user/The100LH Simon Clark: https://www.youtube.com/user/SimonOxfPhys Sarah Karvner: https://www.youtube.com/channel/UCRwMkTu8sCwOOD6_7QYrZnw ClimateTown: https://www.youtube.com/channel/UCuVLG9pThvBABcYCm7pkNkA Jack Harries: https://www.youtube.com/user/JacksGap Beckisphere: https://www.youtube.com/channel/UCT39HQq5eDKonaUV8ujiBCQ Our Changing Climate : https://www.youtube.com/channel/UCNXvxXpDJXp-mZu3pFMzYHQ

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