The relationship between rocketing power prices and chaotically intermittent wind and solar is crystal clear. Let’s call it Germany, Denmark and South Australia, where wind and solar obsessions have driven power prices into orbit.
While RE zealots continue to chant the mantra that wind and solar are practically free, and getting cheaper all the time, the reality is that the cost of their collective chaos is born by the generation system as a whole, principally those readily dispatchable sources, coal, gas and nuclear.
As detailed by Tom Stacy and George Taylor in their study of the US experience (summarised below with the full paper linked below that) adding intermittent wind and solar to your grid is a guarantee of spiralling power prices.
The Levelized Cost of Electricity from Existing Generation Resources
Institute for Energy Research
Tom Stacy and George Taylor
June 2019
Introduction
In this report, we analyze publicly available…
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