On: ASML says it sold 'absolutely nothing' in Europe in 2026

[toasty228]

> All that is historically true, but most new energy being added to the grid is now renewable

Cool, "added" is doing a lot of work here. We're still mostly relying on fossils, about ~70% of our mix.

> Solar and batteries continue to get cheaper

Bonus question: how much does it cost to build a solar panel or wind mill when fossils get 2x, 5x, 10x more expensive? When we run our of fossils?

[nradov → toasty228]

It's impossible to run out of fossil fuels. There are always more places to look. But the cost of extraction may continue to rise if there's not another technical breakthrough on the scale of fracking or horizontal drilling.