Monday, November 08, 2010

Green Energy Transmission Costs

See " The Great Transmission Heist" Wall Street Journal Editorial Monday, November 7, 2010
The latest scheme to subsidize solar and wind power to the detriment of rate payers.
■ "Transmission lines … long-standing user-pays policy would be replaced with a policy of everyone pays under FERC's plan."
■ "wind and solar projects that tend to be in remote areas, like the desert or offshore. In many cases, thousands of miles of new transmission lines would have to be built to get the power to the end user."
■ "Wind and solar proponents insist that renewable energy standards can only be reached if transmission costs are shared by everybody. This sounds like an admission that these energy sources are inefficient sources of power that can't compete in the marketplace without subsidies."
■ "renewable energy projects already receive tens of billions of dollars of loans, grants, tax credits, earmarks, renewable energy mandates, stimulus money, and on and on. According to a 2007 U.S. Department of Energy study, wind and solar already receive subsidies that are more than 20 times greater per kilowatt of electricity than conventional power sources. But as with ethanol, even these subsidies are never enough."

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