Unreliable Nature Of Solar And Wind Makes Electricity More Expensive, New Study Finds

Apr 2012
78,403
6,105
#1
So the liberals claim about renewable energy is just another global warming lie

Unreliable Nature Of Solar And Wind Makes Electricity More Expensive, New Study Finds

Solar panels and wind turbines are making electricity significantly more expensive, a major new study by a team of economists from the University of Chicago finds.
Renewable Portfolio Standards (RPS) "significantly increase average retail electricity prices, with prices increasing by 11% (1.3 cents per kWh) seven years after the policy’s passage into law and 17% (2 cents per kWh) twelve years afterward," the economists write.
The study, which has yet to go through peer-review, was done by Michael Greenstone, Richard McDowell, and Ishan Nath. It compared states with and without an RPS. It did so using what the economists say is "the most comprehensive state-level dataset ever compiled" which covered 1990 to 2015.
The cost to consumers has been staggeringly high: "All in all, seven years after passage, consumers in the 29 states had paid $125.2 billion more for electricity than they would have in the absence of the policy," they write.
Last year, I was the first journalist to report that solar and wind are making electricity more expensive in the United States — and for inherently physical reasons.
Solar and wind require that natural gas plants, hydro-electric dams, batteries or some other form of reliable power be ready at a moment’s notice to start churning out electricity when the wind stops blowing and the sun stops shining, I noted.
And unreliability requires solar- and/or wind-heavy places like Germany, California, and Denmark to pay neighboring nations or states to take their solar and wind energy when they are producing too much of it.
My reporting was criticized — sort of — by those who claimed I hadn't separated correlation from causation, but the new study by a top-notch team of economists, including an advisor to Barack Obama, proves I was right.
Previous studies were misleading, the economists note, because they didn't "incorporate three key costs," which are the unreliability of renewables, the large amounts of land they require, and the displacement of cheaper "baseload" energy sources like nuclear plants.



The higher cost of electricity reflects "the costs that renewables impose on the generation system," the economists note, "including those associated with their intermittency, higher transmission costs, and any stranded asset costs assigned to ratepayers."
 

johnflesh

Former Staff
Feb 2007
26,110
18,576
Colorado
#3
This is a great study but the factors that support an unreliability claim can be altered to be more reliable, IE; fixing issues in the system or relationships/deals with neighboring cities/states. And an increased cost due to these energy technologies is not the end of the story with renewable energy. The home-energy market is raging at the moment and that comes with a premium.

12%? That's fixable.
 

johnflesh

Former Staff
Feb 2007
26,110
18,576
Colorado
#5
China and India each have more people in their expanding middle classes than we have people in the country. Sooner or later we WILL be in conflict for natural resources. It won’t matter how much more it costs when we run out of other non renewable energy.
I forget the source but I read a few year ago that energy will be as crypto as currency one day. Some will draw from the old-world grid, some will draw from the environment and every mix in between. So far that is on track to be true. And kudos. We are far too smart to not understand how to draw energy from our environment, responsibly.
 
May 2012
68,016
13,515
By the wall
#6
China and India each have more people in their expanding middle classes than we have people in the country. Sooner or later we WILL be in conflict for natural resources. It won’t matter how much more it costs when we run out of other non renewable energy.
We have more than enough natural resources on our own territory to be self sustainable so now I guess the liberals will have to let us actually use them.

Drill, baby, Drill.
 
Apr 2012
78,403
6,105
#8
This is a great study but the factors that support an unreliability claim can be altered to be more reliable, IE; fixing issues in the system or relationships/deals with neighboring cities/states. And an increased cost due to these energy technologies is not the end of the story with renewable energy. The home-energy market is raging at the moment and that comes with a premium.

12%? That's fixable.
It will never work. They are taking away farm land are are inefficient.This will cost poverty and the democrats do not care. For the democrats it will make it easier to control the people. The democrats always put party above country
 
Apr 2012
78,403
6,105
#9
China and India each have more people in their expanding middle classes than we have people in the country. Sooner or later we WILL be in conflict for natural resources. It won’t matter how much more it costs when we run out of other non renewable energy.
Problem is we are not running out that is another democrat lie
 
Likes: spyydrr

Similar Discussions