Five percent -- that's the contribution being provided by renewable energy -- in the big scheme of things, is a rounding error, in the sense that if "renewable energy" somehow disappeared today, natural gas could fill the void, and probably at a cheaper rate once all the costs are factored in.
For ISO New York, the renewable energy contribution is even more laughable. In this case, "wind" energy really is a rounding error, coming in at 0.12% contribution. Not 12%; not 1.2% but 0.12%. That's almost not even measurable. Thank goodness for hydroelectricity, I guess. And thank goodness Amazon, Inc, didn't build in Long Island -- the electricity demand would have been huge and prices would have gone up significantly. AOC knew what she was doing when she stopped Amazon, Inc, from coming into her neighborhood.
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The Financial Page
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