Alex Epstein

@AlexEpstein ↗

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Last Checked Dec. 22, 2022

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Wed Dec 14 17:07:04 +0000 2022

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Alex Epstein @AlexEpstein

Unreliability preference 2: huge subsidies for unreliables Subsidies for unreliable electricity, above all the Investment Tax Credit and the Production Tax Credit, force taxpayers to pay huge amounts of extra money to unreliable solar and wind generators. — PolitiTweet.org

Posted Dec. 14, 2022

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Alex Epstein @AlexEpstein

With tech-neutral reliability standards, electricity "markets" can function as competitive markets—lowering costs and raising reliability—since all competitors will have to offer the same level of value. Vs. today’s insanity of valuing reliability and unreliability equally. — PolitiTweet.org

Posted Dec. 14, 2022

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Alex Epstein @AlexEpstein

The "ITC" and "PTC" solar and wind subsidies pay utilities to shut down or slow down reliable gas and coal plants whenever the sun shines or the wind blows. This defunds reliable plants, causing many to be shut down. — PolitiTweet.org

Posted Dec. 14, 2022