- Jul 2, 2020 8:16 pm GMT
The next time someone tries to tell you that carbon pricing is good for the consumer or it incentivizes investment in renewable generation, show them this report from Alberta System Operator (AESO). Alberta has been trying to make carbon pricing work for years. Since 2015 Wind generation has remained flat at serving only 5% of total load, raising the question, does carbon pricing really incentivize renewable generation. Carbon pricing raised prices by 9% (ref page 15 of the report) at the same time load dropped by .5 of 1% and there has been very little growth in the amount of wind generation capacity between 2015 (1,463 MW) and 2019 (1,781 MW ) (see page 23).
There are better options than carbon pricing to achieve State Energy goals and ensure a reliable electric system that may be worth considering:
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