Texas has squandered a cool $66 billion on building its wind and solar capacity and the infrastructure needed to support it. The subsidies that have driven the the wind and solar onslaught - principally the Production Tax Credit, as well as state-mandated feed-in tariffs), deliberately designed to relegate the reliable generators (nuclear, coal and gas) to … Continue reading Blackout Prevention Intervention: Wind & Solar ‘Powered’ Texas Spends $Billions On Gas-Powered Plants
Tag: Texan power prices
Wind & Solar Subsidies Destroying Reliable & Affordable Power Supplies
Wind and solar subsidies were designed to undermine the owners of reliable power generation plants, making them uncompetitive in the first instance and ultimately putting them out of business. The problem with that model, though, is that once-reliable generators are knocked off the grid, power consumers are then forced to pay the full price of … Continue reading Wind & Solar Subsidies Destroying Reliable & Affordable Power Supplies
Total Fail: Wind & Solar ‘Powered’ Texans Left Reliant on Diesel Generators
After Texas’s big freeze exposed wind and solar as total failures, the wind and solar cult have been left licking their wounds. Although, to their credit, they have active despite their injured feelings, viciously blaming everything except the 5G network for the mass blackouts that followed total collapses in wind and solar output. The hard … Continue reading Total Fail: Wind & Solar ‘Powered’ Texans Left Reliant on Diesel Generators
The Big Subsidy Steal: Texan Taxpayers Fork Out $80,000,000,000 to Wind Power Outfits
When it comes to massive subsidies to wind power outfits in the US, the Lone Star State led the charge. Since 2006, the wind industry has managed to snaffle over $80 billion from Texan taxpayers, and they’ve only just begun. Generating a product that’s only ever available in chaotic fits and spurts, means that endless … Continue reading The Big Subsidy Steal: Texan Taxpayers Fork Out $80,000,000,000 to Wind Power Outfits
Hide & Seek: Market Distorting Subsidies Conceal True & Staggering Cost of Renewables
Electricity that can’t be delivered as and when it’s needed has no commercial value; in the absence of massive subsidies, there’d be no market at all for intermittent wind and solar. As soon as the subsidies to wind and solar get cut, the ‘investment’ in new capacity evaporates, entirely. But it’s those subsidies that distort … Continue reading Hide & Seek: Market Distorting Subsidies Conceal True & Staggering Cost of Renewables