Wind and solar subsidies were designed to undermine the owners of reliable power generation plants, making them uncompetitive in the first instance and ultimately putting them out of business.
The problem with that model, though, is that once-reliable generators are knocked off the grid, power consumers are then forced to pay the full price of the market chaos caused by weather-dependent wind and sunshine-dependent solar.
Well, as they say, you reap what you sow. And, so it is in the USA.
Robert Bradley takes a look at the cancerous destruction being wreaked by subsidised wind and solar in Texas.
“Negative Electricity Prices and the Production Tax Credit” (2012 warning for Texas went unheeded)
Master Resource
Robert Bradley
17 May 2022
[Editor note: The current (May) problems of the Texas Grid reflect a socialized wholesale market (ERCOT) in light of the wind/solar cancer that has wounded the ‘reliables.’ Specifically, negative pricing of windpower, a…
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Utopia, you are standing in it! 
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