FBXL Social

If wind and solar was really the cheapest form of energy then electricity prices would trend down as they are added to the grid. Instead the opposite often happens.

We actually have a model for what cheap green energy looks like, it's hydroelectric. When major hydroelectric dams go in, electricity rates plummet and we even see people migrating from fossil fuel heat to electric heat because it makes financial sense to switch.
replies
3
announces
1
likes
0

It's all local, so where hydroelectric can work, use it. If there's some crazy winds somewhere, maybe you can use that. If it's sunny all the time, maybe there's something to using solar.

The scam is something that they used to do at a gas station I worked at (before I ever worked there). They paid the gas jockeys a commission to sell oil, so when they checked the oil they'd always err on adding more oil because it made them money. Even if your car was still full and fine, they'd still add more oil because they made money on it.

In the same way, you won't make huge amounts of free money building a known quantity like a hydroelectric dam or a nuclear power plant, and you'll actually solve the problem.