Renewables’ growing price advantage over fossil fuels paves way for industry dominance

The Hill ^ | December 10, 2023 | Saul Elbe

[ProtectOurFreedom]

The Hill is reporting on an International Energy Agency (IEA) analysis which is also in the pro-giant government, climate catastrophe, print trillions of dollars camp.

[ProtectOurFreedom]

“Serious countries don’t use energy toys to power their economies.”

Exactly. And those countries that ARE serious are ignoring all this toy junk and are going to absolutely clean our clocks in the global economy. We are on a self-destructive path.

[bigbob]

Every source of energy is subsidized, always have been. In the US oil and gas subsidies are about $20 billion per year. Last year renewable subsidies were $15.6 billion.

[ProtectOurFreedom]

“the capital and maintenance costs are roughly DOUBLED because of the intermittent wind and sun.”

EXACTLY RIGHT. You have to build TWO complete power plants whereas before you only had to build ONE.

And they pretend that is “cost-competitive.”

[Keyhopper]

I say let’s pack up these green weenies, send them to Greenland, and them give them all the panels and windmills they want.

[SpaceBar]

Petroleum is so cheap they have to tax it.

‘Green’ energy is so expensive they have to subsidize it.

[sphinx]

From the IEA report: Regardless, solar PV and onshore wind remain the lowest cost options for new electricity generation in most countries. Future power contracts for the end of 2023 and into 2024 in the European Union, the United States, Japan, Australia and India indicate wholesale power prices two to three times above 2020 averages.

So you see, it's easy ... once you accept that conversion to the new low-cost energy systems will triple wholesale electricity prices over 2020 levels. War is peace. Freedom is slavery.

It is all a vast game of hide-the-subsidy, and the global junta is relying on two things to pull it off: unanimity among all national and international "official sources," so that no one contradicts the party line; and total information control over what information the public sees.

Hiding the subsidy has the added advantage of making it easier to hide the corruption as well, because once pricing is all lie, anything goes.

Elites in the developed countries will happily impose these costs on their citizens. Governments in the poor countries will not. India, China and many others will sign the glittering declarations of intent and promptly ignore any obligation to meet their own targets. CO2 levels will continue to increase while the West saddles itself with a non-competitive energy system. This will continue until mass immigration reduces the West to third world status, at which point the West will start to build coal plants again.

[qaz123]

Good points.

“Which are mostly sourced by and produced using fossil fuels.” .... this brings up a completely different issue.

They don’t want fossil fuels. Fine. Demonstrate to the world how you can extract the required elements, supplies, machinery, equipment without using fossil fuels. You want to dig up lithium or whatever for your batteries, have at it. Show us how you’re going to do it without the use of massive, diesel powered equipment.

We’ll wait.

On a side note, given the enthusiasm from Gore and Kerry over the recent COP thing, cut off all the electricity and gas lines to both their homes and take all their ICE vehicles.

[joshua c]

subsidies does not mean they are cheaper

it just means the taxpayer is paying for it

[Dat]

The oil and gas sector also pays taxes and royalties and is a lot bigger than the renewable sector. Those figures are deceptive if not downright dishonest.

[yawningotter]

Hot muggy nights will not be any fun with renewables, either.

[ProtectOurFreedom]

"Always remember that journalists are the folks that couldn’t pass even the most simple of STEM, or economics, courses."

Yep...and they get hired as "science writers" or "renewable energy experts." Mind boggling.

Equally bad, the once-credible sources like Power Magazine are on-board and shilling for this crap.

Even worse, no utility Board of Directors is pushing back. They all accept the government mandates to build renewables and go along with it. Dominion Energy is even building this ridiculous SHIP to haul wind turbine components off shore. Off shore wind projects are getting cancelled everywhere, but they are plunging ahead.

Charybdis will measure 472 feet long, 184 feet wide, and host a crew of more than 100 people. The wind turbine blades it will carry will be 354 feet long (longer than the 100 yards of a football field), and each turbine needs three of those, plus the tower sections, and has a nacelle that weighs more than 550 tons.

[ProtectOurFreedom]

"Explains a lot."

No kidding! Figures. They are all cut from the same childish, non-thinking, Easter Bunny, Santa Clause and Tooth Fairy cloth. I wonder why Saul's bio has no indication of where he went to school or what he studied.

Saul Elbein reports for The Hill from Austin, Texas, where he covers farming, energy, water and climate finance and also co-authors its Sustainability newsletter. He previously reported for magazines like National Geographic, The New York Times Magazine and The Texas Observer from the American West, Latin America and the Pacific Rim, covering the rise of the new era of energy, extreme weather and land conflict in the shadow of a warming planet.

[Texas resident]

Journalists are the folks that can’t do anything else.

They start their professional lives as losers.

[ProtectOurFreedom]

“Consumers lose. Crooks win.”

No kidding. And consumers won’t just lose — they will DIE. Far more people already FREEZE to death than die of heat waves and that’s been with somewhat affordable energy in the past. Imagine how many more will die when houses have to be kept no warmer than 59 F.

Of course, that’s their plan.

[ChildOfThe60s]

Orwellian BS. Which comes as no surprise in the propaganda war on normal people and affordable energy.

[ChildOfThe60s]

Lenton is a coauthor of a recent report by the Bezos Earth Fund

Paging Winston Smith

[ProtectOurFreedom]

“200 years of production efficiencies are eliminated by government mandates”

That’s what really galls me. I worked in the power industry for 30 years including starting up new utility plants, design work, and advanced R&D projects.

The industry is the culmination of 1,000 years of work on mining, metallurgy, welding, thermodynamics, combustion, chemical engineering, mechanical engineering, physics, mining, ore crushing and pulverizing, mass transportation of tens of thousands of tons of coal. The number of contributors over that time is incalculable. Every little advance stood on all the previous advances. None of it came easy.

The childish bastards think they can re-engineer all that in a few short years. They are insane. The modern power system is the culmination of a huge amount of experimentation, testing, and development work over the past 130 years.

Most people don’t have a clue about the complexity of the power system and how we got here.

[ProtectOurFreedom]

Wind really IS renewable because it is just a diluted form of solar energy. All the winds on the planet come from uneven heating of surfaces by the sun.

[ProtectOurFreedom]

There have been numerous studies showing that humans on stationary bicycles should be the preferred energy source.

Those people are insane. There are few power machines less efficient than blobs of protoplasm at converting fuel (food) to useful energy. Plus you would need immense amounts of food to feed all those protoplasmic energy machines.