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By that math, cables from the Sahara to Germany (call it 3½ thousand km) would be justified at 7 %, 20 years loans if the capacity factor is more than ten percentage points better. Which it is. And any load-balancing you do on the Saharan side would be clear profit.
Is there a good reason this is not being done?
- Jake Friends come and go. Enemies accumulate.
You get 10 resp. 18 km per percentage point of capacity factor if you load balance on the demand side, not 100 and 350. Call it three times that if you load balance on the supply side. Yeah, OK, I see why people aren't jumping up and down over that deal...
many many reasons, none good... 'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty
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