Solar and wind projects are, for the most part, corporatist endeavors, businesses milking the government for subsidies, rather than making money the old-fashioned way by providing services that earn profits.
I guess the idea of 'making it up on volume' marketing idea isn't working too well with wind farms. The more they build, the worse it gets and the more we lose.
For New England ISO-NE modeling shows 55 million MWH per year being curtailed each year by 2050. That's exactly 2 times the total electricity consumption of Connecticut in 2023 (27.5 M MWH). What an economic waste! You have to overbuild the system by 3-4 times and still don't get reliability sufficient to protect you from Dunkelflaute every couple years. This curtailment is after massive installation of batteries and occurs mostly in the spring and fall, as seasonal storage is not practical.
Wind is due to heat pumps---
90% of the offshore wind is due to electrification of vehicles and heating load which costs 4.3x (per MWh) the present load. Heat pumps should be charged their marginal cost which is 4.3 times the other load. PUCs will likely average the costs which will double prices for all. ( see ISO -NE EPCET study, 34,000 MW of offshore wind with heat pumps and EVs, 3000 MW without)
Even worse is Massachusetts which is requiring utilities to give heat pump customers a 5 cent per kWh discount and also gives them a $10,000-16,000 rebate to convert to heat pumps. Massive uneconomic costs which will be imposed on everybody.
Heat pumps are a 6 times whammy- high costs to convert, high costs to operate for most, more maintenance, performance issues, double electricity prices for all and less grid reliability....and you can probably think of a few more...
That pay for nothing happens here in Texas as well. While totally absurd, it’s just grifters add on to the base contract where wind and solar are given preference in pricing and take of generation. Truly absurd. As a country we need serious reform in federal, state, and local government to rid the system of these idiots. Just that plain and simple. We need to throw the bums out.
Jeff, yes we need to throw the bums out and that is what we are trying to do here in S, VA.We think this is the only way to solve this long term.Then have counties set criteria that are based on actual facts.And of course repeal any sort of climate con policies that are clearly false!
I guess the idea of 'making it up on volume' marketing idea isn't working too well with wind farms. The more they build, the worse it gets and the more we lose.
In Bill Peacock's "The Government Imposed Cost of Electricity in Texas" the renewable congestion cost for 2023 was $455 million.
https://www.masterresource.org/texas/government-electricity-costs-texas/
For New England ISO-NE modeling shows 55 million MWH per year being curtailed each year by 2050. That's exactly 2 times the total electricity consumption of Connecticut in 2023 (27.5 M MWH). What an economic waste! You have to overbuild the system by 3-4 times and still don't get reliability sufficient to protect you from Dunkelflaute every couple years. This curtailment is after massive installation of batteries and occurs mostly in the spring and fall, as seasonal storage is not practical.
Wind is due to heat pumps---
90% of the offshore wind is due to electrification of vehicles and heating load which costs 4.3x (per MWh) the present load. Heat pumps should be charged their marginal cost which is 4.3 times the other load. PUCs will likely average the costs which will double prices for all. ( see ISO -NE EPCET study, 34,000 MW of offshore wind with heat pumps and EVs, 3000 MW without)
Even worse is Massachusetts which is requiring utilities to give heat pump customers a 5 cent per kWh discount and also gives them a $10,000-16,000 rebate to convert to heat pumps. Massive uneconomic costs which will be imposed on everybody.
Heat pumps are a 6 times whammy- high costs to convert, high costs to operate for most, more maintenance, performance issues, double electricity prices for all and less grid reliability....and you can probably think of a few more...
Great info!
That pay for nothing happens here in Texas as well. While totally absurd, it’s just grifters add on to the base contract where wind and solar are given preference in pricing and take of generation. Truly absurd. As a country we need serious reform in federal, state, and local government to rid the system of these idiots. Just that plain and simple. We need to throw the bums out.
Jeff, yes we need to throw the bums out and that is what we are trying to do here in S, VA.We think this is the only way to solve this long term.Then have counties set criteria that are based on actual facts.And of course repeal any sort of climate con policies that are clearly false!