Post by Chom Noamsky
The assertion is in the headline, and I
guarantee I cannot be proven wrong.
Children would have no problems grasping
this: The wind & solar are an ADDITIONAL
cost. They ADD overhead.
You need to keep and maintain (pay for)
your old grid because the wind doesn't
always blow and the sun doesn't always
shine. And both tend to be highly variable
with the seasons.
You need some type of buffering that was
unnecessary with fossil fuels -- like a
hugely expensive battery farm which is
extremely short lived compared to a fossil
The investment in wind & solar needs to be
paid back, with interest, while still earning
a profit above & beyond that cost.
...now add an easily manipulated "Energy
Market" where supply vs. Demand sets the
price and you have big restrictions on how
low energy prices can go, because of all that
ADDITIONAL overhead, but there is no limit on
how high prices might spike, thanks to all
that new instability...
It's literally impossible for wind & solar to
not result in higher prices.
Retail, of course: What the economy is paying
for that energy, not the utilities.