Those countries out to rely on wind and solar inevitably suffer rocketing power prices and power rationing.
Australia’s self-inflicted renewable energy calamity has seen power prices double in a matter of months; the wholesale power market is in chaos, caused by rapid and total collapses in wind and solar output; and major energy users are unceremoniously dumped from the grid whenever the sun sets and/or calm weather sets in.
Much of Europe is in the same boat, with wind and solar obsessed Germany suffering the world’s highest power prices, by far. [Note to Ed: Australia’s wind and solar capital, South Australia isn’t far behind]
So, it takes a fair degree of audacity to try and convince the masses that adding more wind and solar will result in falling power prices.
One with the necessary pluck is America’s hapless President, Joe Biden.
Stephen Moore – a distinguished fellow in economics…
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