That massive spike of 50c/kWh at the left looks tiny compared to today even though that’s already insanely expensive

  • TheEighthDoctor@lemmy.world
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    2
    ·
    11 months ago

    Geothermal is expensive and not worth it financially in many countries but when you are looking at 2.35€/kWh it seems like a great investment.

    • Hotzilla@sopuli.xyz
      link
      fedilink
      English
      arrow-up
      16
      arrow-down
      1
      ·
      edit-2
      11 months ago

      He doesn’t mean geothermal in large scale but home level geothermal. It is actually very cheap and efficient technology.

      Over half of the new houses in Finland are build with geothermal. It costs roughly 18 000€ to construct.

      • TheEighthDoctor@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        1
        ·
        11 months ago

        He doesn’t mean geothermal in large scale but home level geothermal. It is actually very cheap and efficient technology.

        I understand, but it’s not cheap when compared to solar

        • Hotzilla@sopuli.xyz
          link
          fedilink
          English
          arrow-up
          9
          ·
          11 months ago

          Solar panels doesn’t provide heat, it produces electricity. Also it is quite common on Finland to have solar panels + geothermal heating, because both of them pay for themself in 5-10 years. Unfortunately solar panels do not provide us enough electricity to be only source, not even with batteries.