08 Sep '13, 12pm

The Economic and Political Consequences of the Last 10 Years of Renewable Energy Development via @zite

The politics of this transition are messy. You can have articles saying (without any real argument) that "Too much green energy is bad for Britain at the very same time that you have record cold weather, with critical weakness in the gas supply infrastructure and wind actually coming to he rescue... (in the UK last March). People are presenting capacity markets as another subsidy to renewables, whereas system security has always required a significant margin of unused capacity for safety: power demand varies from 1 to 2 or one to 3 every day, peaks can be more or less intense depending on weather, and even large plants can go offline on a scheduled or unscheduled basis. That safety margin was simply paid for in a different way, either by imposing capacity buffers on utilities, or through spot price peaks that were high enough to pay in a few hours for the peaker plants whi...

Full article: http://peakenergy.blogspot.com/2013/09/the-economic-and-p...

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