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.

Jaksot(326)

How to think about air pollution, the 2020 election, fracking bans, and ethanol mandates

How to think about air pollution, the 2020 election, fracking bans, and ethanol mandates

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.

20 Maalis 201958min

Framing energy conversations, Venezuela goes dark, nuclear’s amazing safety record

Framing energy conversations, Venezuela goes dark, nuclear’s amazing safety record

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.

13 Maalis 20191h

Changing the narrative vs conceding the narrative, climate mastery, CO2 turned into coal

Changing the narrative vs conceding the narrative, climate mastery, CO2 turned into coal

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.

6 Maalis 201957min

Improving the human environment, Trump’s climate panel, Amazon’s “shipment zero” sham

Improving the human environment, Trump’s climate panel, Amazon’s “shipment zero” sham

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 Helmi 201952min

The evolution of my environmental philosophy, greens vs. nuclear, CA’s train to nowhere

The evolution of my environmental philosophy, greens vs. nuclear, CA’s train to nowhere

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.

20 Helmi 201952min

The Green Great Depression, Nike’s 100% renewable lie, reviewing Michael Mann, and more

The Green Great Depression, Nike’s 100% renewable lie, reviewing Michael Mann, 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.

13 Helmi 201954min

The real cost of solar, wind, and batteries, the Polar Vortex, Budweiser’s 100% wind lie

The real cost of solar, wind, and batteries, the Polar Vortex, Budweiser’s 100% wind lie

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.

6 Helmi 20191h 4min

AOC’s climate inquisition, the EV religion, Canada and Germany ponder energy suicide

AOC’s climate inquisition, the EV religion, Canada and Germany ponder energy suicide

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.

30 Tammi 201955min

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