Electricity prices going way up and security of supply heading down – is this really what people want, or do they just not yet realize where this is going?
America has some perfect examples of what not to do, if it wants to remain an industrial and manufacturing power-house, with a standard of living that much of the World can only envy.
South Australia has set the pace with spot prices that rocket in minutes from $70 per MWh to $2,000 to $4,000 and all the way to the regulated market price cap of $14,000 per MWh, every time wind power output collapses on a total and totally unpredictable basis.
And much of Europe is in the same boat: think Spain, Germany, Denmark and the UK.
From what’s coming out of the USA, Americans don’t seem that keen to follow the path set by countries facing social and economic disaster, thanks to their ludicrous attempts to run on sunshine and breezes.
Donn Dears LLC is among them.
Europe’s High Cost of Renewables
Power for USA
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