Electricity Markets & Engineering Realities: ‘It is telling that while [solar & wind] developers routinely claim their energy is now the cheapest available, they never argue that subsidies are therefore no longer needed’

Special to Climate Depot By Bryan Leyland The prime objective of any modern power system is to deliver a reliable and economic supply over the long term, whereas the prime objective of any market system is to maximize profit. For electricity markets to work, their rules must reward those who best provide reliable, affordable power. … Continue reading Electricity Markets & Engineering Realities: ‘It is telling that while [solar & wind] developers routinely claim their energy is now the cheapest available, they never argue that subsidies are therefore no longer needed’