A Free-Market Energy Blog

Fraying Support for Windpower: Exelon Does the Math

By Michael Giberson -- August 15, 2012

The coalition in support of wind power’s Production Tax Credit (PTC) has always had a bit of a Bootleggers and Baptists flavor: environmentalists making a clean and green argument in favor of wind power and the multinational wind power development corporations funding the political muscle needed to get things done.

The coalition has proven durable even as wind power took a few environmental hits, but now the business side of the coalition is beginning to fray. The PTC will expire at the end of 2012 unless Congress acts to extend it, and some interesting positions are being advertised as the tax-cliff approaches.

For example, the Chicago Tribune reports that Exelon Corp., a large electric power company that owns a significant amount of wind power and is a member of the American Wind Energy Association, is opposing efforts to renew the tax credit (sub.…

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"Recouping cost of wind turbine may take more than a lifetime" (Consumer Reports confirms micro-wind diseconomies)

By Kent Hawkins -- August 14, 2012

“At the rate the WT6500 [off-grid wind turbine] is delivering power at our test site, it would take several millennia for the product to pay for itself in savings—not the 56 years it would take even with the 1,155 kWh quote we received.”

– ConsumerReports.com

Is there a role for new renewables, specifically wind and solar PV in our electricity generation portfolio? And if not at the industrial-scale, grid-feeding level, what about at the micro-turbine level for local electricity use? This Consumer Reports (CR) study answers just this question.

Before examining the verdict, CR’s claim that wind power is the fastest growing source of new electric power deserves a critical comment. “Fast growing” from a small base too often is hype over substance.

Take the example of the lemonade stand of a little girl on our street, Suzie, just this summer.

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Energy at ALEC: Response to Media Matters

By Robert Bradley Jr. -- August 13, 2012

I expected the worst when I saw that Media Matters, the communications watchdog for the Democratic Left,  had profiled my recent energy speech given to 1,000-strong at the American Legislative Exchange Council (ALEC) annual meeting. Still, I think it useful to rebut Media Matters’s Alexander Zaitchik whose report is reproduced with my parsed comments in blue.

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MM: The agenda in Salt Lake City was heavy on energy themes. Keynoting one of the luncheons was Robert Bradley, CEO of the free-market and pro-climate change Institute for Energy Research.

Comment:   “Free market” is an apt term–thank you, Sir. But “pro-climate change? I have never heard that. That tricky to equate climate change with the human influence on climate, as if natural forces were not also at work.

In rebuttal, I’ll just quote James Hansen on climate change:

“Climate is always changing.

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Debating Locavores: Food to Energy to Smart Action (response to critics)

By Pierre Desrochers -- August 10, 2012
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Electricity Policy Prime Time

By Ken Malloy -- August 9, 2012
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PTC Teeters, AWEA Whines, Romney Leads

By -- August 8, 2012
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Energy Freedom Bus Tour: Hitting the Open Road for Consumers, Taxpayers, and Common Sense

By Robert Bradley Jr. -- August 7, 2012
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Energy Consumers vs. Regulators: Who Knows Best? (Mercatus study stands up to critics)

By -- August 6, 2012
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Milton Friedman's 100th: Exploring His Wisdom for the Ages (Part III: Political Capitalism)

By Robert Bradley Jr. -- August 3, 2012
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Milton Friedman's 100th: Exploring His Wisdom for the Ages (Part II: Energy)

By Robert Bradley Jr. -- August 2, 2012
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