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The government and big financial institutions promote a fraudulent analysis of the cost of solar and wind electricity. Their narrative is that wind and solar are competitive with traditional fossil fuels and that the cost of wind and solar is rapidly dropping. Academics and the media amplify and spread the fraudulent analysis.
The basis of the fraud is a simple comparison of the cost per kilowatt hour at the plant fence for electricity produced by wind or solar versus electricity produced by a traditional plant. Some or all of the massive subsidies for wind and solar are ignored in such comparisons. With such a rigged comparison, wind or solar may seem competitive.
A proper comparison reveals that wind or solar are five or even ten times more expensive than natural gas or coal electricity. To understand why this is so, we have to explain some basic facts that apply to either wind or solar.
Wind or solar is erratic, intermittent electricity. It comes and goes according to the supply of wind and sunlight. Wind is erratic from day to day and usually has a seasonal cycle. Sunlight depends on clouds, seasons and of course does not work at night. The consequence is […]
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