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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Episode 34: Part 1 – Dr. Dino Ress vs Alex Epstein Debate and Commentary

Episode 34: Part 1 – Dr. Dino Ress vs Alex Epstein Debate and Commentary

This episode features the Dr. Dino Ress vs Alex Epstein debate audio along with commentary by Alex Epstein.

23 Joulu 20121h

Episode 33: Part 2 – McKibben vs Epstein Debate and Commentary

Episode 33: Part 2 – McKibben vs Epstein Debate and Commentary

This episode features the McKibben vs Epstein debate audio along with commentary by Alex Epstein.

2 Joulu 20121h 5min

Episode 32: Part 1 – McKibben vs Epstein Debate and Commentary

Episode 32: Part 1 – McKibben vs Epstein Debate and Commentary

This episode features the McKibben vs Epstein debate audio along with commentary by Alex Epstein.

28 Marras 201258min

Episode 31: Questioning Climate Science with Dr. Richard Lindzen

Episode 31: Questioning Climate Science with Dr. Richard Lindzen

Dr. Richard Lindzen joins the show to talk about perspectives on climate change and the loaded questions surrounding the topic.

24 Loka 20121h 4min

Episode 30: Climate Science and Global Warming with Dr. William Happer

Episode 30: Climate Science and Global Warming with Dr. William Happer

Princeton University’s Dr. William Happer discusses climate science, climate “models,” and scientific skepticism.

12 Loka 201255min

Episode 29: Climate Change with Steve Goreham

Episode 29: Climate Change with Steve Goreham

Steve Goreham discusses catastrophic climate change, and Epstein’s upcoming debate with Bill McKibbon

2 Loka 20121h

Episode 28: What Fracking Is Actually Like with Terry Cunningham

Episode 28: What Fracking Is Actually Like with Terry Cunningham

Petroleum Consultant Terry Cunningham discusses what the process of discovering and extracting oil with fracking really consists of, and contrasts it with public perceptions

17 Syys 201259min

Episode 27: Environmental Education with Chad Morris

Episode 27: Environmental Education with Chad Morris

Guest host Chad Morris interviews Alex Epstein on how to think about environmental issues.

5 Syys 20121h 19min

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