by Planning Engineer (Russ Schussler) Part 3 of this series examines power markets, promoted by policymakers (FERC) and industry advocates to lower costs through competitive bidding and merit-order dispatch. While markets can optimize resource allocation in many sectors, they struggle … Continue reading →| Climate Etc.
by Planning Engineer (Russ Schussler) In Part 1, we showed how wind and solar’s low costs over 80% of the time are overwhelmed by expenses at peak times such that they offer no cost advantages to the generation mix. Residential … Continue reading → The post Why “cheaper” solar raises costs. Part II: The hidden costs of residential solar appeared first on Climate Etc..| Climate Etc.
by Planning Engineer (Russ Schussler) Wind and solar power are often touted as the cheapest sources of electricity in many regions, capable of delivering low-cost energy for the vast majority of the time. At first glance, this might suggest that … Continue reading → The post Why “cheaper” wind and solar raise costs. Part I: The fat tail problem appeared first on Climate Etc..| Climate Etc.
by Russ Schussler (Planning Engineer) Prequel to “Unravelling the narrative supporting a green energy transition.”| Climate Etc.