This is section III of my presentation, Climate change and the need for cheaper and stable energy sources during the Energy Policy Development Program (EPDP) Conference 2016 this week, January 12-13 at the New World Hotel in Makati.
The cost of renewables rising for households despite their supply instability and very low capacity factor.
At this time of human progress, they are talking about possible blackouts in Germany or other parts of Europe? No thanks to intermittent power sources.
Also in UK, they are talking about energy rationing? At this time of human progress?
Reversal of renewables subsidies starting. Just following the law of economics and scarcity.
And that is why when there are wind towers, there are no houses, no hotels or shops or beach/mountain resorts near them. Wind farms can displace other nearby economic activities.
Government-sponsored renewables cronyism is lousy. They should be stopped and spare the public of expensive and intermittent energy. If people really want wind and solar power, they can do it and use their own money and savings, and not force everyone else to pay the subsidies to make this expensive electricity become “cheap and affordable.”