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The Solar Swindle
American Thinker ^ | December 30, 2013 | Norman Rogers

Posted on 12/30/2013 9:00:06 AM PST by jazusamo

Solar electricity is growing, promoted, and most importantly, heavily subsidized. The promoters of solar electricity claim that it is close to being competitive with conventional sources of electricity. That is a fantasy.

Solar electricity is expensive and impractical. If it weren't for government subsidies, some explicit and some disguised, the solar industry would collapse. The many claims of competitiveness are always based on ignoring subsidies provided to politically correct renewable power, ignoring the costs associated with unreliability, and ignoring the cost of backup fossil fuel plants.

An example of a hidden subsidy is the California Renewable Portfolio Standard that mandates utilities to obtain 33% of their energy from so-called renewable sources by 2020. This mandate forces utilities to contract for expensive sources of energy, such as solar. The cost is passed on to the utility customers with the connivance of the government. Although the motivation behind the California scheme is to reduce carbon dioxide emissions, politically incorrect sources of CO2-free electricity, such as nuclear and large-scale hydroelectric, can't be counted as renewable.

People whose knowledge of electricity production ends at their wall outlet are dictating national energy policy. Magical thinking by hopelessly ignorant political activists permeates the alternative energy universe.

How much does electricity from conventional sources cost? If I look at my ComEd (Chicago) bill, the charge for electricity is about 5 cents per kilowatt-hour (KWH). Additional charges for delivering the electricity and various taxes increase the total to about 10 cents per KWH. This is electricity mainly from coal, nuclear, and natural gas. Electricity is available at the plant gate in much of the U.S. for about 5 cents per KWH.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: climatechange; electricrates; globalwarming; globalwarminghoax; greenenergy; solar; subsidies

1 posted on 12/30/2013 9:00:06 AM PST by jazusamo
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To: jazusamo
--one that thankfully didn't go near here in Nevada failed mostly because it couldn't find a buyer for juice (some years in the future) for over 30 cents a kwh--another one just across the Commiefornia border didn't go either-

-must not have enough political pull but about the last news before stopping its permitting process was an application for a thirty mile natural gas pipeline--natural gas needed to keep the fluids warm at night--

2 posted on 12/30/2013 9:14:46 AM PST by rellimpank (--don't believe anything the media or government says about firearms or explosives--)
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To: rellimpank

A friend of mine worked in the home solar market. He said the only locales where solar made sense were markets in California that didn’t produce their own power. That still required all of the subsidies and the assumption the gear would last 15 years. That was for an “on the grid system,” with no battery storage.


3 posted on 12/30/2013 9:22:51 AM PST by USNBandit (sarcasm engaged at all times)
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To: rellimpank

Even as corrupt as state and federal bureaucrats are I’m amazed this solar and wind power scam has gotten this far. I guess the old saying is true in these cases, ‘follow the money’ and especially this money because it’s free from the taxpayers.


4 posted on 12/30/2013 9:24:25 AM PST by jazusamo ([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
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To: jazusamo
Summary from a recent Credit Suisse report on renewables, the 66 page report is an interesting read. I doubt legislators are going to do away with the tax credits anytime soon, and with utilization rates going up and panel costs going down, there seems to be some real momentum behind solar now, as well as wind. That said, obama policy seems to have thrown money hand over fist at the equipment makers through loan guarantees; tax credit to users is an incentive closer to the market demand and therefore a better spend IMHO. ■ Renewables will meet most of US demand growth. We estimate that ~85% of future demand growth for power through 2025 (including the impact of coal plant retirements) could be met by renewable generation with compliance to the existing 30 mandatory and 8 voluntary RPS programs. From this we would see over 100 GW of new renewable capacity additions with wind and solar market share more than doubling from 2012 to 2025. ■ Renewables are cost competitive to even cheap against conventional generation. The clearing price for new wind and solar continues to fall with improvements in utilization and falling capital costs. For wind we are seeing utilization rates 15-20 percentage points higher than 2007 vintage turbines, regularly supporting PPA pricing at or below $30/MWh that effectively 'creates' long-term equivalent natural gas at <$3/MMBtu. Lower capital costs for solar have dropped PPA pricing to $65 - 80/MWh from well over $100/MWh, making solar competitive with newbuild gas peaking generation. ■ More pressure on power markets and earnings risk for generators. Using our bottom-up model we see ~$1-2/MWh or 5% price risk or basically capping the power market recovery in the deregulated markets relative to a scenario without significant renewables growth, creating earnings risk for competitive generators with FE and EXC as the Integrateds most at risk with 5-7% EPS exposure in the out years. ■ Further mutes the rate of natural gas demand growth from power. We estimate renewables slowing the rate of natural gas demand growth from power generation to <0.5 bcf/d through 2020 versus our prior estimate of 1.0-1.2 bcf/d even when taking into account planned coal plant shutdowns and assumed nuclear plant retirements. Looking out through 2020 we estimate cumulative demand for natural gas with RPS compliance will be 5-6bcf/d lower vs a steady state outlook, or the equivalent of half of all expected LNG exports from the US.
5 posted on 12/30/2013 9:40:56 AM PST by gotribe (Vladimir Putin is MY President)
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To: jazusamo

When a big liberal city in a blue state starts running on solar power, without any nuclear, fossil fuels, or hydro, only then will I believe that it’s a legitimate form of electricity.


6 posted on 12/30/2013 11:54:38 AM PST by grundle
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To: jazusamo

Green energy is a big part of the Chicago mob crony capitalism onslaught.


7 posted on 12/30/2013 12:00:15 PM PST by nascarnation (Wish everyone see a "Gay Kwanzaa")
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To: grundle

Amen...We won’t have to worry about that and probably our grandkids won’t either.


8 posted on 12/30/2013 12:01:21 PM PST by jazusamo ([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
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To: nascarnation

Probably just a coincidence that 0bama’s from Chicago. :-)


9 posted on 12/30/2013 12:02:43 PM PST by jazusamo ([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
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To: jazusamo

One way it could work is as a heat source to extract hydrocarbons from organic materials
that could then be refined into gasoline.

But even this is not really near as efficient as pulling the oil/natgas out of the ground and using it.


10 posted on 12/30/2013 12:03:00 PM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Tolerance Sucks Rocks

Ping!


11 posted on 12/30/2013 12:06:25 PM PST by jazusamo ([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
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To: jazusamo
I’m amazed this solar and wind power scam has gotten this far

The hatred of the oil companies is profound mainly because they keep western civilization going.

Al Gore & Co. really would like us to go back to the stone age and Gaia worship.

12 posted on 12/30/2013 12:34:35 PM PST by what's up
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To: what's up

No doubt you’re right plus it’s made multimillionaires of algore and other scam artists.


13 posted on 12/30/2013 1:05:23 PM PST by jazusamo ([Obama] A Truly Great Phony -- Thomas Sowell http://www.freerepublic.com/focus/news/3058949/posts)
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To: jazusamo

While I agree with the thrust of this article, it is not helpful to a debate about green power costs. The reason is that peak hour power may reach 22 cents per kilowatt hour whereby solar could compete as to price (for a few hours).

In Hawaii, the cost of conventional power is already like 45 cents per kilowatt hour, so 22 cents would be a saving. The problem in Hawaii is that all those rooftop solar systems are re-selling power back into the grid and the grid can not handle it because it is too unpredictable.

Just comparing prices (which I have also done) is like a flat earth comparison to a round world of energy prices.

There is also the problem of air pollution. California has 9 smog trap basins; Texas has none. Solar doesn’t make much sense in Texas because (except maybe in Dallas or Houston during the summer) because there are no smog traps. The solution to pollution is dilution.


14 posted on 12/30/2013 4:40:00 PM PST by WayneLusvardi (It's more complex than it might seem)
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To: jazusamo

No tax credits here (no fat income from government allowing me to sit on my rear end while others install) and no grid power within several miles. Thanks for driving down the prices of components, so that I can add to the system for less. ;-)


15 posted on 12/30/2013 7:28:02 PM PST by familyop
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