Wind and solar have destroyed the ability of the market to signal price The Telegraph Rupert Darwall 7 March 2016 Before the election, high electricity prices made the Big Six energy companies everyone’s favourite whipping boys. A report by the competition watchdog exonerated them. Government-driven social, environmental and network costs were the main drivers of … Continue reading How Massively Subsidised Wind Power Destroys Power Markets & Economies
Tag: distortion energy market wind power
Perverse Renewables Policy turns Wind Power into Super-Predator
**** On the rare occasions when wind power is able to deliver meaningful output to the grid – usually at night-time - generators are more than happy for the dispatch price (the price paid by the grid operator to generators) to hit zero - and have even paid the grid operator to take their output, … Continue reading Perverse Renewables Policy turns Wind Power into Super-Predator