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Cake day: June 9th, 2023

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  • That example breaks down with electricity sources with a fuel cost. But it makes more sense as the grid moves to more energy sources without fuel.

    But also, if energy supply is higher than demand on a large grid, they can decrease investments into new solar plants so they fall below the replacement rate from facilities aging out. In your example there’s only one solar farm, but in reality there’s many being built on a grid at any time.