“The ‘virtual power plant’ is the end-state of electricity interventionism, where government-subsidized wind, solar, and batteries–and in-home regulated (rationed) electricity use, via ‘smart meters’–replace consumer choice and taxpayer neutrality in a free marketplace.”
Lynne Kiesling has long sold herself as a freedom-loving classical liberal. Except she is the opposite when it comes to her specialty, electricity markets. This social media post is illustrative.
The “virtual power plant” is the end-state of electricity interventionism, where government-subsidized wind, solar, and batteries–and in-home regulated (rationed) electricity-use, via “smart meters”–replace consumer choice and taxpayer neutrality in a free marketplace.
Tomorrow’s post, “Free Market Electricity,” will outline the worldview of the missing-in-action alternative to Kiesling’s politically correct statism.
Appendix A: Critical Posts on Kiesling and Electricity
Electricity Statism Conference: Kiesling Rides High (June 25, 2024)
The Great Texas Blackout of 2021: Triumph of the Unreliables (February 20, 2024)
Continue Reading“The updated definition of ‘green energy’ will apply to all programs in the state that fund any ‘green energy’ or ‘clean energy’ initiatives.”
The Affordable, Reliable and Clean Energy Security Act of the American Legislative Exchange Council has just been released. ALEC model legislation, considered conservative (Republican vs. Progressive), is important for state legislatures as they debate various issues.
The short (365 word) model act follows:
… Continue ReadingEnergy Security is paramount to economic growth. Energy Security that is Affordable, Reliable, and Clean leads to prosperity for our families and communities. Therefore, the following Energy Security-ARC is proposed as a common sense energy agenda for the future.
Section 1. Energy Security
Domestic Production: The fuel source must be primarily produced domestically within the United States.
Infrastructure Security: The infrastructure necessary to deliver energy to the customer should minimize reliance on foreign nations for critical materials or manufacturing.
“European energy companies Orsted, Equinor and BP have taken a combined $5 billion of writedowns on U.S. offshore wind projects that are mostly in development, in part because their existing power sales contracts would not cover the cost of building and financing the projects.” (- Reuters, below)
Facing a series of costly physical problems and a becalmed market, GE Vernova, the largest offshore wind turbine developer in the U.S., has informed European authorities that it plans to lay off up to 900 workers around the world as it scales back its offshore business. The Maritime Executive reported that the General Electric wind development spinoff notified the European Works Council for France of its planned downsizing.
Under EU law, member states have established councils to “facilitate the information and consultation of employees with a focus on transnational issues….”…
Continue Reading