Industrial electricity use in the EU is collapsing. US policymakers "Have no excuse for not looking at Europe and learning."
There never was any intention trigger those contracts, instead wind farm owners always planned to sell at much higher prices on the open market.
Incredibly, California’s year 2021 average retail electricity price has now grown to be 214% greater than the average of the other 10 western continental U.S. states.
What a mess; they’ve reached 41 cents a kilowatt-hour and it’s about to get much worse – especially for the people who can least afford it.
My question - how can renewable energy possibly be a viable option, if we are entering a period of violent weather extremes, including wind droughts which could last for a decade?
Check you premises, California. Consider the consumer in terms of rates and reliability. Reverse course, don’t speed up. Acknowledge and respect the value of dense mineral energies for electrical generation. Flashlights,...
- Popular Related Tags: electricity prices, climate economics, blackouts, germany, intermittent wind and solar, renewable energy, carbon emissions, electricity generation, rolling blackouts, antje weisheimer
- Search for "electricity prices" on our Eco Web Search