It's also a long term capital investment problem. Power generation is hugely capital intensive, and there are disincentives for investing in such a volatile market.
However, the demand is nowhere near as volatile as the supply can be, and you can't keep power as inventory, so it's anyones guess how this all plays out. Certainly we can't become reliant on solar/wind supply as this would be disastrous.
One thing is for sure, we need to level the playing field and remove all subsidies and regulations so that cost effective power can be reliably created. I fear the direction we are going right now is in the complete opposite of how things should be going.
However, the demand is nowhere near as volatile as the supply can be, and you can't keep power as inventory, so it's anyones guess how this all plays out. Certainly we can't become reliant on solar/wind supply as this would be disastrous.
One thing is for sure, we need to level the playing field and remove all subsidies and regulations so that cost effective power can be reliably created. I fear the direction we are going right now is in the complete opposite of how things should be going.