What are the cost for electrical transmission versus generation?
Is off guard generation cheaper than transmission?
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What are the cost for electrical transmission versus generation?
Is off guard generation cheaper than transmission?
Off-grid generation can bypass costly transmission infrastructure, but its generation costs might be higher without utility scale economies. It really depends on location, tech, and energy mix, so both have trade-offs released
What about renewable energy? That can lower the cost without the economies of scale? Or can it?
Renewable tech is rapidly advancing. While scale remains important for cost efficiency, improvements in solar, wind, and battery storage can make distributed renewables increasingly competitive in off-grid setups without massive transmission investments
What are some of the latest technological advancements regarding batteries?
Recent battery advances include solid-state tech that boosts energy density and safety, and improved lithium-ion chemistries offering faster charging and longer lifespans—all promising for both grid-tied and off-grid renewables
How does this affect electric vehicles?
Improved battery tech boosts EV range and reduces charging times, making them more practical for daily use while enhancing performance and reliability in diverse driving conditions