Alex Epstein

@AlexEpstein ↗

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Last Checked Dec. 22, 2022

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Wed Dec 14 17:07:08 +0000 2022

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Alex Epstein @AlexEpstein

Solar and wind subsidies not only drive the shutdown of reliable power plants and loot taxpayers, they also inflate electricity prices. Because solar and wind can go near-zero at any given time, they don’t replace most of the costs of reliable power plants—they add to them. — PolitiTweet.org

Posted Dec. 14, 2022

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Alex Epstein @AlexEpstein

Another form of subsidy to eliminate: government subsidizing unreliable solar/wind by socializing their costs, such as additional transmission lines or redundant backup capacity. This subsidy further rewards unreliable electricity at the expense of reliables and of customers. — PolitiTweet.org

Posted Dec. 14, 2022

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Alex Epstein @AlexEpstein

The combo of no price penalty for unreliability + special subsidies for unreliables means that instead of unreliables receiving far less $ than reliables, they get a huge premium. And more and more reliable power plants go out of business. — PolitiTweet.org

Posted Dec. 14, 2022