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Renewables Fail the Cost Test, Again

TDBLU Wrote: Jan 27, 2013 7:10 PM
FedGuv subsidies to failing businesses IMPEDE improvments in technology and efficiency, Power generation included. If you have to keep the training wheels on, what you've got is NOT a bicycle !

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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