🔮 The $22 billion question about AI self-improvement #610
Plus: Cheap solar, who pays for Claude & DNA immunotherapy++
The cost of renewable energy sources continues to decline, with wind, solar, and battery storage reducing the median price from $105 to $86 per MWh. In regions such as North of Milan and Montreal, which are on the same latitude, the cost drops further from $164 to $99. This decline is due to a combination of factors, including combining wind and solar power, and battery storage.
However, the success of renewable energy also depends on more than just technological improvements. Electricity costs for solar and wind energy remain cheaper compared to fossil fuel-based plants. To ensure a more sustainable grid, there is a need for better financing options and a way to match energy prices with the volatility of renewable energy sources.
Written by urgent.news from Exponential View's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
