
Clean Power Professionals Group
This special interest group is for professionals to connect and discuss all types of carbon-free power alternatives, including nuclear, renewable, tidal and more.
Shared Link
Why Are Utilities So Expensive?
"Since 2010, the price of natural gas has fallen 43% and coal prices have dropped 11%. And yet, the price of electricity for residential users in the U.S. has risen 13% over that time. Why?
"Because almost all the money Americans should have saved (and we’re talking serious money) went to subsidize renewable energy. Wind and solar, it turns out, are more expensive than advertised..."
"The cost of generating and reliably maintaining electricity comprises about 50% of your power bill. ln order to keep the lights on, the demand for and supply of electricity must be satisfied at all times."Fossil-fueled electricity is inexpensive, and the fuel can be stored or sourced on site—the electricity is there when you need it. In contrast, wind and solar generate electricity based on the mood of Mother Nature. This is known as the intermittency problem.
"Here’s what it means in practical terms: For every wind and solar farm you build, you need a fossil fuel facility nearby to supply electricity on demand. This is what filmmaker Michael Moore and his team found out, much to their shock, when researching green energy for their documentary Planet of the Humans. All that wasted money is reflected in your electricity bill."
Bad title for a good explainer (utilities aren't expensive, it's renewable electricity).
Why Are Utilities So Expensive?
In this short explainer video, Charles McConnell, former Assistant Secretary of Energy in the Obama Administration, reveals why "free" wind and solar are making utility electricity much more expensive than it needs to be.
Discussions
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.
Sign in to Participate