The truth about wind energy spending proves the failure of this "investment" spending.



In a PDF document,  George Taylor, PhD,   a “senior fellow” at the American Tradition Institute,  recently made these remarks after a study on wind energy costs was completed: 

There have been two big misunderstandings about wind electricity. One, that it can operate by  itself, and two, that its cost is approaching the cost of conventional sources such as coal, natural  gas or nuclear. Neither of those assumptions is correct. The first because, in the absence of energy storage or hydro generation, the only way wind can operate is as an appendage to coal or natural gas generation; and the second, because wind imposes costs on other parts of the system  which no previous technology has imposed and requires more new transmission infrastructure than any previous technology has required.

These indirect and infrastructure costs are not difficult to understand or difficult to measure. They have not been counted in most “cost of electricity” comparisons because utility regulators have not required wind operators to pay for them -- they’ve required consumers to pay for them.

But that should not be an excuse for policymakers to ignore their impact on consumers, businesses and the economy.  Our investigation shows that, in the absence of subsidies, adding just the four largest missing costs would reveal that wind’s full cost is about twice what the Energy Information Administration reported in its most recent “levelized cost of electricity” comparison, three times the current cost of gas-fired electricity, and 40-50% more than EIA’s estimates for the cost of new nuclear or coal generation.

Point of post:  an informed electorate is our only hedge against legislative idiocy.

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