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 42: Light Brigade

Episode 42: Light Brigade

This episode of Power Hour features an in-depth look at The Light Brigade–CIP’s “counter-education” at the Sierra Club’s highly touted “forward on climate” rally.

12 Mars 201353min

Episode 41: Energy Policy and Pollution with Jerry Taylor

Episode 41: Energy Policy and Pollution with Jerry Taylor

Alex Epstein interviews Jerry Taylor, Senior Fellow at the CATO Institute. Alex and Jerry discuss energy policy today and how it came to be, how to deal with pollution, and more.

23 Feb 20131h 14min

Episode 40: UN Global Warming Events with Craig Rucker

Episode 40: UN Global Warming Events with Craig Rucker

On this week’s Power Hour, Alex Epstein interviews Craig Rucker, Executive Director of CFACT, on his eye-opening adventures at UN global warming events.

8 Feb 201348min

Episode 39: Superstorm Sandy with Paul Driessen

Episode 39: Superstorm Sandy with Paul Driessen

Alex interviews Paul Driessen, author of “Eco-Imperialism” and senior policy adviser for CFACT. Superstorm Sandy is discussed.

1 Feb 201354min

Episode 38: Interview with FrackNation co-director, Magdalena Segieda

Episode 38: Interview with FrackNation co-director, Magdalena Segieda

Alex Epstein interviews FrackNation co-director, Magdalena Segieda.

25 Jan 201358min

Episode 37: Part 2 – McKibben Debate Break Down with Steffen Henne

Episode 37: Part 2 – McKibben Debate Break Down with Steffen Henne

This episode features a break down of Bill McKibben’s opening statement from November’s debate on fossil fuels. Alex Epstein and resident researcher Steffen Henne provide in-depth analysis and commentary (Part 2 of 2).

2 Jan 20131h 7min

Episode 36: Part 1 – McKibben Debate Break Down with Steffen Henne

Episode 36: Part 1 – McKibben Debate Break Down with Steffen Henne

This episode features a break down of Bill McKibben’s opening statement from November’s debate on fossil fuels. Alex Epstein and resident researcher Steffen Henne provide in-depth analysis and commentary (Part 1 of 2).

31 Dec 20121h 12min

Episode 35: Part 2 – Dr. Dino Ress vs Alex Epstein Debate and Commentary

Episode 35: Part 2 – Dr. Dino Ress vs Alex Epstein Debate and Commentary

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

29 Dec 201254min

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