Monday, July 9, 2012

Al Fin Energy: The Great and Devastating German Green Energy Folly

Al Fin Energy Blog

Wind and solar power supporters invariably undestimate the costs of their favourite forms of energy, because they never take into account the costs of intermittency, or the costs of ancillary infrastructure which must be built to support and back up the intermittent unreliable forms of energy they prefer.

Comment:

But what if they do take it into account?  What I mean is that these supporters don't consider the additional and hidden costs as a bug, but a feature.  It is what I meant by rent seeking behavior.   They don't seek to create value for their customers, but seek to extract blood from their victims.

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