Switching to renewables has doubled electricity costs because intermittency creates two problems: storage (batteries) must be purchased, or natural gas plants must be kept running at 15% capacity as backup—neither is economically rational compared to baseload power.
causalpending
Speaker
DoombergEvidence Quote
“switching to you know Green has doubl the cost because not only you know not only do you have this problem with intermittent power you have to store it so you need to bu the batteries or keep natural gas power plants on standby running at 15% capacity”
Created: 8/11/2026, 7:28:58 AM
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