The Renewable Energy Scam -- June 19, 2023

Locator: 44977SCAM.  

Profile: EIA energy by state, North Dakota, link here.

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101 Days Of Summer -- Day 23

ERCOT: it's gonna be close. Not enough wind / sun late this afternoon. Link here.

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As long as solar and wind developers show Texas politicos that capacity exceeds demand, developers will be able to keep adding more solar / wind, and closing conventional (fossil fuel) sources.

In the graph above, the folks investing in renewable energy want the 1300 - 1900 energy price spike to incrementally expand to the left and to the right.

It's all about two things:

• fund all infrastructure on back of conventional/historical pricing models;
• "area under the curve"

We talked about this on the blog years ago. I first noted it while sitting in on a Harvard Business School talk on renewable energy -- about ten years ago. The scam was obvious then for those who understood graphs. LOL.

At the time, I questioned whether we would see publicly-provided graphics to demonstrate the scam.