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The Unspoken Solution

February 19th, 2021 by Bill Brown · No Comments · Found on the Web

The Energy Solution for Texas — And the US: this is a great analysis of a problem. Every grid in America is susceptible to this; wind and solar capacity is inherently unreliable and must be 100% backstopped by natural gas generation. But it isn’t because that would be expensive and generally we get away with it, with the added “bonus” of maintaining the fiction of solar and wind’s cheapness.

But the real problem is this: when you enforce ersatz markets, you get shaky, unstable results. If the market were allowed to work, reliable energy sources and on-site fuel would be prevalent with spot capacity provided by more-expensive, but readily-dispatchable sources. All it takes is freedom because the market need and wealth is there.

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