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Renewables Fail the Cost Test, Again

Snarkasterous1 Wrote: Jan 27, 2013 9:54 AM
...simply find a way to best serve their own ends. Adam Smith had it right: The butcher doesn't provide meat for my dinner 'cause he likes me, or because ObozoCare requires it - he does it for his own benefit. And that's a GOOD thing, despite liberals' dismissal of the profit motive, and belief that "at some point, you've earned enough." - Snark
loadstar Wrote: Jan 27, 2013 10:21 AM
Well said, Snark...you ARE good! (cogent, succinct, salient)

The Federal Energy Regulatory Commission (FERC) has just released their Energy Infrastructure Update report, which shows how much new electric generating capacity was installed for 2012. According to the report, renewable energy sources (biomass, geothermal, solar, hydro, and wind) accounted for 49.10% of all new domestic electrical generating capacity installed in 2012 for a total of 12,956 MW. More than a quarter of that new capacity (25.29%, or 3,276 MW) reportedly came on-line in the month of December 2012 alone and wind led the way in 2012 with 164 new “units” totaling 10,689 MW.

Advocates of renewable energy are likely cheering...

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