Scott Luft, who publishes Cold Air Currents, has some interesting things to say about a new Fraser Institute report on Ontario’s “green” energy experiment.
Among other things, Scott says
LUEC [levelized unit electricity cost] of generation sources is increasingly irrelevant, the utilization rate of all elements of a system is increasingly the most relevant factor in residential costs. Adding wind, for instance, is supposed to make the LUEC of a gas plant higher by displacing the need for it, without being capable of replacing it.
One of the many things I like about this guy’s blog is it is full of zingers like that. On the basis of that quote alone Ontario should get out of the terrible, artificial, and shoehorned wind and solar energy “market,” and fast. But that is not what elite thinking in this province would have us do. The much-ballyhooed Drummond report, written by a bank economist and former head bean-counter in the Canadian federal bureaucracy, gave a pass to the FIT program, which forces the innumerate and destructive economics of “green” energy onto Ontario rate payers.
I wish the Ontario premier had consulted Scott Luft instead. He understands numbers.