Tag Archives: green cronyism

Duke Energy: 15-year fixed contracts will cost ratepayers $1 Billion extra

Owing to a long menu of highly favorable state policies, North Carolina has 60 percent of that nation’s PURPA qualifying solar facilities all by itself. David Fountain, the North Carolina president for Duke Energy, writes in Charlotte Business Journal: Today, Duke Energy must buy from solar developers at 15-year contracts at fixed prices that are higher than market.Continue Reading






Renewable energy lobby agrees: heavily tilted state policies are driving their industry

Advocates for least-cost, reliable electricity will welcome the ideas in Rep. Chris Millis’ “NC Ratepayers Protection Act” (House Bill 745). They will especially appreciate Millis’ call for studying the actual subsidies and incentives renewable energy producers receive, as well as capping the Renewable Energy Portfolio Standards (REPS) mandates until we have a better idea of what they’reContinue Reading






Detailing renewable energy’s dependency on government goodies

Dan Way writes this morning in Carolina Journal about the “NC Ratepayers Protection Act” (House Bill 745). A snippet: If the bill passes, the REPS [renewable energy portfolio standards mandate] would remain at 6 percent of state retail sales instead of jumping to 10 percent in 2018 and 12.5 percent in 2021. Purchase requirements would be fixedContinue Reading






Unsustainable energy, illustrated

The U.S. Energy Information Administration offers another glimpse, if you’re paying attention, into just how government-driven North Carolina’s “powerhouse solar industry” actually is. Look at this graph, from the EIA’s “Today in Energy” post entitled “North Carolina has more PURPA-qualifying solar facilities than any other state“: EIA explains: Utility-scale—one megawatt (MW) or greater—solar PV growth inContinue Reading






Carolina Journal exposes layer upon layer of solar cronyism

I’ve long noticed two prongs of the solar lobby‘s message to legislators and the media — two messages that I think are completely at odds with one another: Solar is a powerhouse industry in North Carolina. Second in the nation in solar! Solar cannot make it as an industry on its own. Not without extensiveContinue Reading






If you can’t win customers and investors, win politicians

…it’s well known that the renewable energy industry’s business model is entirely based on and utterly dependent on capturing public subsidies. It’s all about winning government goodies.—Yours truly, 8/28/15 Since the renewable energy industry cannot build itself by winning customers and investors on the strength of its own merits, they have to win politicians — who can force people to be their customers andContinue Reading






Public policies favoring renewables are threatening upheaval in power markets

You can’t have a competitive environment when utilities have to purchase any renewable power that’s produced and when state and federal subsidies and tax credits artificially lower their actual costs by making consumers pay for them in their role as taxpayers. The problem is, these phony state supports aren’t just getting renewables a foot inContinue Reading






Detroit News editorial: ‘Green energy’ hurts the poor

The editorial, by Utah State professor William Shughart and researcher Michael Jensen, reiterate points made here. They argue that the politicized drive for “green energy” is drowning out the much greater problem of energy poverty. (The chart on the right comes from a recent Locker Room post about energy poverty in North Carolina.) “Modern progressives,” theyContinue Reading