Energy transition optimist and Pracademic │ Vice President & Director at Regulatory Assistance Project │ Research Associate at Oxford and Cambridge Universities │ Board Member │ LinkedIn Top Voice │ FEI │ FRSA
Low electricity prices are a prerequisite for high levels of electrification. There are no high electrification regions with high electricity prices. It is "relative electricity prices" though - all depends on the ratio of electricity to fossil fuel prices. Great chart from RMI.
Ensuring low and stable electricity prices relative to fossil fuels is essential for driving the energy transition and promoting sustainable development.
I'm keen to see this chart, but with relative prices of electricity to other energy carriers.
of course in Western MSM China is falling apart...but jokes aside, I think developing countries who think they can afford higher electricity price than China is not a serious country. Maybe if you are some tropical island in the Carribeans living on tourism yes, but large country with big population - cost is king.
Any chance of Europe and US having more contrasting colours please? Very hard to distinguish which is which. Thanks.
Thanks for sharing Jan Rosenow - great chart. Where can I find it in its original setting? Thanks!
Electricity isnt expensive - taxation makes it expensive..
Research Engineer / Combustion Specialist
2dWould be interesting to add another chart plotting electricity prices over share of (volatile) renewables in the power mix.