By Stop These Things
The fool learns from his own experience, the wise tend to learn from the experience of others. In that respect, Britain provides the perfect opportunity for students of energy policy to avoid their very own self-inflicted wind and solar calamity.
Related: Power Demand Management Result of Power Supply Mismanagement
Britain went all in with its grand offshore wind experiment – accordingly, power prices rocketed out-of-control just as predicted by those with an understanding of how electricity is generated and distributed.
Punishing power prices are down to the exorbitant cost of using gas and diesel to generate power whenever calm weather sets in; the additional transmission and network costs of bringing power produced occasionally from remote locations, especially offshore; and the billions in subsidies paid to wind power generators – including hundreds of millions in payments to not produce wind power at all.
As Charles Rotter reports below, recently Dr Capell Aris PhD, an engineer with a lifetime’s experience in the power generation sector – outlined why Britain provides the perfect example of how to avoid a power pricing and supply disaster, for those who care to learn from the disastrous experiences of others.