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To: Oldeconomybuyer
This is what the renewable energy scam is bringing to all of us, sooner or later.

I've just read a new book called "Shorting the Grid". It's been an eyeopener.

Congress passed laws in the '90s that destroyed the highly-reliable regulated vertical monopoly model of power delivery, and replaced it with something called Regional Transmission Organizations.

Now, RTOs own the grid network, and must buy power from independent generators according to a Byzantine set of "market rules". This scheme, rather than reducing cost to the consumer as claimed, has actually raised it.

The system is being gamed relentlessly, (remember Enron?)

The worst gamers are the solar & wind suppliers, (which BTW could not even exist in the mix were it not for the RTO system).

With the RTO system it seems that "renewables" get only a small fraction of their revenue from actually selling power to the grid. The rest is subsidies. And for all that, what power they DO supply is so unreliable that it is destabilizing the RTOs to the point where rolling blackouts are almost certain to occur this winter.

This matters not to the "green energy" oligarchs who have bought the Democrat party.

A very great man once said: Follow the money.

25 posted on 02/02/2023 4:04:08 PM PST by Chad C. Mulligan (eleutheromaniac)
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To: Chad C. Mulligan
I've just read a new book called "Shorting the Grid". It's been an eyeopener.

Sounds very plausible except why hasn't this stuff been corrected or repealed in the many years since?

I mean, I know why. Because Republicans are mostly useless once in power, but still.

33 posted on 02/02/2023 4:43:41 PM PST by Drew68 (Ron DeSantis for President 2024)
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