Texas’ Renewable Fail: Remember Georgetown’s Green New Deal TooBy Robert Bradley Jr. -- February 24, 2021 2 Comments
“It’s unfortunate that the Georgetown [100 percent renewable] experiment went so quickly from being a success story to being something of a cautionary example,” said Adrian Shelley, director of the Texas office of Public Citizen, a consumer advocacy group.
“Gore wasn’t available for an interview with E&E News last week to discuss the electric situation in Georgetown [Texas].”
It was supposed to be green and cheap, a 25-year fixed-price contract for solar and wind beginning in 2018. Instead, as one news story in October 2019 reported: “After losing tens of millions of citizens’ money on a green energy gamble, city officials are trying to escape their self-inflicted mess.” How? By filing a lawsuit against its solar provider Buckthorn Westex to cancel its 25-year contract. A countersuit by Buckthorn followed.…
Wind Subsidies Help Freeze TexansBy Bill Peacock -- February 18, 2021 7 Comments
“No, frozen wind turbines are not mainly to blame for the massive power outages in Texas. But renewable energy subsidies are.”
“The greatest danger that Texans now face is the political establishment’s continued unwillingness to challenge the renewable-energy lobby. If that happens, the result will be more of the same: increased cost of electricity and decreased reliability of the electric grid.
Well, that didn’t take long.
The same day Texas started experiencing blackouts in the midst of an unprecedented winter storm, critics started pointing to markets as the problem. Wednesday’s Dallas Morning News ran a Bloomberg Wire story that claimed “The extreme cold appears to have caught Texas’s highly decentralized electricity market by surprise.”
Yes, Texas has experienced significant power outages. But it is not alone. PowerOutage.us shows that Oregon, Oklahoma, Louisiana, Kentucky, and West Virginia–all with highly regulated electric grids–have also experienced significant outages.
In addition, Texas is the southernmost state to be severely affected by this storm.…
The UK Energy Shortages of Winter 1946–47 (planned chaos w/o prices and profits)By Robert Bradley Jr. -- February 16, 2021 1 Comment
For the future Rolling Stone Bill Wyman, growing up in Penge, South London, the atrocious weather meant that his bricklayer father was laid off work and no money came in. “There wasn’t enough food to go round, so he’d hit a couple of us, send us to bed without any dinner,” one of Bill’s brothers recalled. ‘Get to bed, don’t argue!’”
The rationing coupons that still had to be presented for everything from eggs to pieces of scraggy Argentine meat, from petrol to bed linen and “economy” suits, seemed far more squalid and unjust than during the war.
It’s a winter snow/ice emergency across Texas, where the state’s electricity planners have failed millions of consumers, particularly in energy-capital Houston.
Amid the frozen wind turbines and disincentives to reliable, baseload generation (coal in particular), our prosperity will pull us through.…
President’s Day: Best and Worst, Energy-wiseBy Robert Bradley Jr. -- February 15, 2021 1 Comment
“There are far too few heroes and far too many failures in the history of presidential energy politics.”
Who can claim to be a true energy President from a pro-consumer, pro-taxpayer, pro-free-market perspective?
Which U.S. heads qualify for an anti-energy label for violating economics 101–and endangering the health and welfare of all of us who rely on the MasterResource?
Of the 30 or so candidates in the Lincoln-to-Biden era (the first commercial oil well dates from 1859), just a few names compete for the best, while many more vie for the worst.
Two Best: Trump and Reagan
The best two from a classical liberal perspective are Donald Trump and Ronald Reagan. A third candidate just does not come to mind, certainly in the modern energy era.…