The relationship between rocketing power prices and heavily subsidised and chaotically intermittent wind and solar couldn’t be clearer. Every country that’s embarked on the so-called ‘inevitable transition’ to an all wind and sun powered future is suffering from surging power prices.
Add wind and solar generating capacity and watch power prices go into orbit, as night follows day. The Danes know it, the Germans know it and South Australians became the butt of international jokes, because of it.
STT has been spelling out the connection for the best part of a decade, now. But, as more and more countries fix their energy hopes on the unreliables, the volume of mounting data they provide leads to an incontrovertible truth, not just the hint of a causal connection.
Kathryn Porter digs into a couple of datasets to reach the inevitable conclusion about the ‘inevitable’ transition.
Addressing the high real cost of renewable…
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