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Still can't turn a buck without subsidies. <Yawn>
Wind power is now the cheapest electricity to produce in both Germany and the U.K., even without government subsidies, according to a new analysis by Bloomberg New Energy Finance (BNEF). It's the first time that threshold has been crossed by a G7 economy.1
But that's less interesting than what just happened in the U.S.
To appreciate what's going on there, you need to understand the capacity factor. That's the percentage of a power plant's maximum potential that's actually achieved over time.
For the first time, widespread adoption of renewables is effectively lowering the capacity factor for fossil fuels. That's because once a solar or wind project is built, the marginal cost of the electricity it produces is pretty much zero—free electricity—while coal and gas plants require more fuel for every new watt produced. If you're a power company with a choice, you choose the free stuff every time.
obviously notStill can't turn a buck without subsidies. <Yawn>
Didn't you read it?
Wind power is now the cheapest electricity to produce in both Germany and the U.K., even without government subsidies, according to a new analysis by Bloomberg New Energy Finance (BNEF). It's the first time that threshold has been crossed by a G7 economy.1
But that's less interesting than what just happened in the U.S.
To appreciate what's going on there, you need to understand the capacity factor. That's the percentage of a power plant's maximum potential that's actually achieved over time.For the first time, widespread adoption of renewables is effectively lowering the capacity factor for fossil fuels. That's because once a solar or wind project is built, the marginal cost of the electricity it produces is pretty much zero—free electricity—while coal and gas plants require more fuel for every new watt produced. If you're a power company with a choice, you choose the free stuff every time.
Old bullshit artist, you know better. The roads beside the wind plants kill more raptors than do the wind farms. Not only that, the biggest killer of raptors in the history of this nation, DDT, is still being cried about and lied about by you "Conservatives".Just killed their trillionth bird?
A new record on tax subsidies?
And another liar repeats that lie. Best price for new dirty coal, 'clean' coal costs much more, is 6.6 cents per kw. Best price so far for wind, unsubsidized, is 3.7 cents per watt. Best price so far for solar is just under 4 cents a watt, unsubsidized.Still can't turn a buck without subsidies. <Yawn>
