Rigged Against Reliables: How Electricity Pseudo-Markets Punish Reliability and Drive Up Costs

Rigged Against Reliables: How Electricity Pseudo-Markets Punish Reliability and Drive Up Costs

It’s common for us to hear that solar, wind are cheaper than coal or gas. Specifically we’ll hear that solar and wind are “bidding” at lower prices than goal or gas. All of this sounds very competitive, like they’re winning on the merits on a free market.

And yet at the same time, something is clearly very wrong. Electricity costs tend to go up the more “cheaper” solar and wind you add. Intuitively we know that it’s wrong to not factor in reliability when you’re comparing prices.

On this week’s Power Hour Alex Epstein interviews Tom Stacy, an electricity consultant who explains how electricity markets are “rigged against reliables”--and what we need to do to make them fair and beneficial.

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Biden’s climate conundrum, the IMF’s phony fossil fuel subsidy claim, and more

Biden’s climate conundrum, the IMF’s phony fossil fuel subsidy claim, and more

With in-depth interviews of experts on controversies such as “green energy,” offshore drilling, “energy independence,” fossil fuels, etc, Power Hour seeks to help listeners get clear on these complex but vital issues. Every episode features a new guest, an extended interview/discussion, and a closing segment with my takeaways from the discussion.

15 Touko 201929min

The UN’s latest environmental scare, the hidden risks of rooftop solar, renewables growth slows

The UN’s latest environmental scare, the hidden risks of rooftop solar, renewables growth slows

With in-depth interviews of experts on controversies such as “green energy,” offshore drilling, “energy independence,” fossil fuels, etc, Power Hour seeks to help listeners get clear on these complex but vital issues. Every episode features a new guest, an extended interview/discussion, and a closing segment with my takeaways from the discussion.

8 Touko 20191h 1min

California blackouts, nuclear bailouts, Beto’s GND-lite, NY bans skyscrapers, and more

California blackouts, nuclear bailouts, Beto’s GND-lite, NY bans skyscrapers, and more

With in-depth interviews of experts on controversies such as “green energy,” offshore drilling, “energy independence,” fossil fuels, etc, Power Hour seeks to help listeners get clear on these complex but vital issues. Every episode features a new guest, an extended interview/discussion, and a closing segment with my takeaways from the discussion.

1 Touko 20191h 1min

Fact-checking the NYT on renewables, Iran sanctions, criminal climate protests, and more

Fact-checking the NYT on renewables, Iran sanctions, criminal climate protests, and more

With in-depth interviews of experts on controversies such as “green energy,” offshore drilling, “energy independence,” fossil fuels, etc, Power Hour seeks to help listeners get clear on these complex but vital issues. Every episode features a new guest, an extended interview/discussion, and a closing segment with my takeaways from the discussion.

24 Huhti 201956min

The existential threat of the GND, Chevron buys Anadarko, flying car fears, and more

The existential threat of the GND, Chevron buys Anadarko, flying car fears, and more

With in-depth interviews of experts on controversies such as “green energy,” offshore drilling, “energy independence,” fossil fuels, etc, Power Hour seeks to help listeners get clear on these complex but vital issues. Every episode features a new guest, an extended interview/discussion, and a closing segment with my takeaways from the discussion.

17 Huhti 201948min

The true cost of solar, Keystone XL, Arctic drilling in jeopardy, and more

The true cost of solar, Keystone XL, Arctic drilling in jeopardy, and more

With in-depth interviews of experts on controversies such as “green energy,” offshore drilling, “energy independence,” fossil fuels, etc, Power Hour seeks to help listeners get clear on these complex but vital issues. Every episode features a new guest, an extended interview/discussion, and a closing segment with my takeaways from the discussion.

10 Huhti 201945min

The Senate’s GND vote, Bernie’s fracking ban, how to think about byproducts

The Senate’s GND vote, Bernie’s fracking ban, how to think about byproducts

With in-depth interviews of experts on controversies such as “green energy,” offshore drilling, “energy independence,” fossil fuels, etc, Power Hour seeks to help listeners get clear on these complex but vital issues. Every episode features a new guest, an extended interview/discussion, and a closing segment with my takeaways from the discussion.

3 Huhti 20191h

Arguing to 100 vs. Arguing to 0

Arguing to 100 vs. Arguing to 0

With in-depth interviews of experts on controversies such as “green energy,” offshore drilling, “energy independence,” fossil fuels, etc, Power Hour seeks to help listeners get clear on these complex but vital issues. Every episode features a new guest, an extended interview/discussion, and a closing segment with my takeaways from the discussion.

27 Maalis 201949min

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