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 […]