First, solar and wind are massively subsidized pretty much everywhere they are deployed, in addition to the indirect subsidies they get from China subsidizing production (and internal deployments).
Second, and more importantly, LCOE is not the full cost, as you rightly point out. It leaves out system costs, and these are huge for intermittent renewables, and not constant. They rise disproportionately as the percentage of intern mitten renewables in a particular grid rises towards 100%.
Third, and related, in most countries where renewables are deployed, intermittent renewables not just do not have to carry the burden of their intermittency, they are actually allowed to pass these burdens and costs onto their reliable competitors. Which is even more insane than not accounting for intermittency.
And even then it's not actually true.
First, solar and wind are massively subsidized pretty much everywhere they are deployed, in addition to the indirect subsidies they get from China subsidizing production (and internal deployments).
Second, and more importantly, LCOE is not the full cost, as you rightly point out. It leaves out system costs, and these are huge for intermittent renewables, and not constant. They rise disproportionately as the percentage of intern mitten renewables in a particular grid rises towards 100%.
Third, and related, in most countries where renewables are deployed, intermittent renewables not just do not have to carry the burden of their intermittency, they are actually allowed to pass these burdens and costs onto their reliable competitors. Which is even more insane than not accounting for intermittency.