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by @jimpick.com
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A decade ago, analysts were calling Spain a cautionary tale. Too much solar, too fast! Today, Spain is rapidly on its way to having the cheapest power in Europe. Maybe this time, solar naysayers will learn... haha, jk, they'll just move the goalposts.
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Spain just became one of Europe's cheapest power markets. Here is how.
How wind and solar quietly pushed gas off the margin, and the wholesale price followed.
janrosenow.substack.com
David Roberts