Are you ready for a winter of skyrocketing energy prices?
MINOT, N.D. — I take no pleasure in saying this, but we told you this would happen.
By “we,” I mean those of us who view as foolhardy policies aimed at closing down coal mines and coal-fired power plants through punitive regulations alongside massive subsidies and mandates for intermittent renewables like wind and solar.
By “this,” I mean the growing recognition that renewables can’t deliver us the reliability and power price stability we’ve come to expect, not even when buttressed by natural gas.
Who knew that making our power grid dependent on energy sources that rely on the weather (is the wind blowing? is the sun shining?) and the always volatile natural gas markets would be a mistake?
Many observers, including this one. When we made this argument, we were met with derision from those who claim that we’re just out to protect Big Coal’s bottom line. Coal is dead, they tell us, so we may as well get used to it.