The electrical system's duress was a direct result of the polar vortex, the cold air mass that settled over the nation. But it exposed a more fundamental problem. There is a growing fragility in the U.S. electricity system, experts warn, the result of the shutdown of coal-fired plants, reductions in nuclear power, a shift to more expensive renewable energy and natural gas pipeline constraints. The result is likely to be future price shocks. And they may not be temporary.What I find the most disgusting is the fact the the LA Times has been complicit in bringing this all about with their one-sided reporting. And they have the gall to NOW? NOW? to talk about the results of it all?
One recent study predicts the cost of electricity in California alone could jump 47% over the next 16 years, in part because of the state's shift toward more expensive renewable energy.
Saturday, April 26, 2014
U.S. electricity prices may be going up for good. Experts warn of a growing fragility as coal-fired plants are shut down, nuclear power is reduced and consumers switch to renewable energy.
CA is a state of scared rabbits.