https://www.theguardian.com/business/2023/jul/20/giant-windfarm-norfolk-coast-halted-spiralling-costs-vatttenfall
Uh oh ! renewables keep getting cancelled over hikes in fossil fuel costs
Also https://www.bloomberg.com/news/articles/2023-11-08/first-us-small-nuclear-project-canceled-after-costs-climb-53
Nuclear cancelled from costs increasing
this is the problem with private sector under capitalism. if something isn't immediately profitable to capitalists then they cancel it even if it benefits society as a whole. Even state owned enterprises are forced to 'make profit' even if its at detriment to other sectors.
Small scale solar with battery storage is about 5 kEUR for a small home. But generator backup for those 15-20% of time not covered is about 1 EUR/kWh. Grid as backup is still cheaper, where available.
