How Economically Competitive is “Renewable Energy”?

Condemnation’s always most credible when issued by a supporter.

That’s what the renewable energy sector got from the Lawrence Berkeley National Laboratory’s U.S. Renewable Portfolio Standards 2016 Annual Status Report, which states right in its highlights: “More than half of all growth in renewable electricity (RE) generation (60%) and capacity (57%) since 2000 is associated with state RPS requirements.”

In short, non-hydro renewable energy—wind, solar, geothermal, and biomass—cannot compete economically with nuclear, hydro, and fossil fuels.

Translated into ordinary-people-speak, that means they’re more expensive, leaving people with less income to spend on things other than energy.

 

 

Featured image courtesy of Royd Moore, Flickr Creative Commons.

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