“Do not dare say that Texas is ‘deregulated’ or the free market or ‘competition’ failed in the Lone Star State. All of the state and federal laws [listed] need to be repealed where the owners of assets gain control of them–and customers make voluntary transactions with government out of the picture….”

Doug Sheridan, a top energy analyst with a large social media footprint, noted the dirty hidden secret behind Texas’s beleaguered grid.

When we examine the cost of solar energy, we assume all energy comes from new assets built at current costs. Those assets are assumed to power a hypothetical grid in a US region rich in both natural gas and sunlight.

The results of the analyses show a breakeven cost of generation of $54.24 per MWh for a 100% newbuild gas-fired system.…

“Kiesling intellectually resides in the government sandbox, where dilute, intermittent, fragile, government-dependent wind and solar is coordinated by ISO/RTO planners. Add (subsidized) storage, then whatever is left on the supply side can be equilibrated on the demand side with ‘smart meters’ (another government play) in your home or business.”

She fancies herself a classical liberal, a free-market type fully conversant with the arguments against central economic planning (Mises, Hayek, Lavoie). But when it gets to government planning of the electricity market, her specialty, the veneer comes off. It is ‘market processes’ within the rigged, governmental market. Welcome to the woman of system, technocrat Lynne Kiesling.

Consider this exhibit:

Kiesling intellectually resides in the government sandbox, where dilute, intermittent, fragile, government-dependent wind and solar are coordinated by ISO/RTO planners. Add storage (another government play), and then whatever happens on the supply side can be equilibrated on the demand side with ‘smart meters’ (another government play) in your home or business.…

This post excerpts energy and climate material from the Media Balance Newsletter, a free fortnightly published by physicist John Droz Jr., founder of the Alliance for Wise Energy Decisions. The complete Newsletter for this post can be found here.

Greed Energy Economics:
*** Fact Check Team: Inflation Reduction Act may cost taxpayers trillions by 2050
*** Real Property Tax Law § 575-b Held Unconstitutional by New York Trial Court: What This Means for Assessment of Renewable Energy Projects
28 energy leaders call for eliminating IRA subsidies—even ones they benefit from
NY Gov Pushes New Energy Tax Past Next Election

Unreliables (General):
*** The Battery Backlash Is Real, It’s Global, And It’s Growing
*** Ireland’s Renewable Energy Targets for 2030 — A Reality Check
More Wind & Solar Projects Spiked.…

“Tomlinson is angry and sarcastic. His worldview is losing intellectually, politically, and business-wise. Is it time for him to retire and happily live off his spouse’s (ill-gotten) renewable energy riches?”

The “existential crisis” climate narrative is in meltdown. Houston solar leader John Berger has resigned, his 12-year-old company (Sunnova) positioned for bankruptcy. Other solar and wind stocks are tanking, and offshore wind is out of play. Battery and EV firms are regular restructuring news.

Climate activists find themselves out of taxpayer monies. The U.S. Department of Energy, Department of Interior, and Environmental Protection Agency are implementing President Trump’s “none-of-government” climate policy, reversing Podesta-Biden-Harris climate alarmism and the budget-busting Inflation Reduction Act.

But there is one fossil-fuel-despising business editorialist who is wed to the Climate Industrial Complex, not to mention a multi-millionaire renewables executive (thanks to your tax money).…