Seems I’m paying 9.3 cents/kwh, making your numbers verry conservative, Brian. But even at 50k$/GWh, doubling the new capacity every year triples the installed capacity every year. YEE HAW!
Another thought is that only the late adopters will be left “holding the bag” of stranded assets. With that kind of snowball effect, the early adopters could make a solid case to their Utilities Commissions to use the windfall to amortize ‘assets’ across 5 years instead of 30. Then the floor could drop out of the pricing without hurting investors.
Yes, we’d want to recycle as much of the buildings and transmission system as practical.
