Earlier quoted context omitted.
If you are now (in the year 2026) optimizing only for costs of producing electricity then you end with electric grid which has more or less structure of Chinese electric grid - big chunk produced with domestic fueled base-load fossil fuel power plants+nuclear power plants, as much hydro as you can build, little bit variable renewables. If for example Germany would optimize for costs of producing electricity then they…
I love the framing. "Little bit of renewables" when in China they are literally 5x in size of the nuclear production. Nuclear power in China peaked at 4.7% in 2021 and is now down to 4.3%. Entirely irrelevant. The problem I am mentioning has nothing to do with ARENH, and the protectionism isn't the ARENH. It is not building more renewables and dragging their feet on interconnects.
58% fossil fuels 14% hydropower 11% solar 11% wind 4.6% nuclear
https://lowcarbonpower.org/region/People%27s_Republic_of_Chi...
For France, it doesn't make economic sense to build more wind and solar and build more interconnects.
It will be interesting to see how wind and solar will evolve in Germany after changes in EEG subsidies.
https://www.cleanenergywire.org/news/german-econ-min-conside...
https://montel.energy/resources/blog/future-of-german-eeg-su...
https://www.taylorwessing.com/en/insights-and-events/insight...