Planet Gore on National Review Online
Among the bad news for ratepayers is that these billions of dollars in transmission costs will be distributed among all ERCOT utilities, in proportion to their relative load. Thus, conventional generators will pay much more than wind generators, even though the new transmission lines will be built in order to accommodate new wind capacity. These costs will subsequently be passed on to all ERCOT ratepayers. In other words, the costs of the legislatively mandated wind-energy boom will be socialized across the state, while the developers rake in subsidies, enjoy accelerated depreciation on their equipment, and get fat tax breaks.
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1 comment:
... You _do_ know that grids share energy, so the price represents the relative availability of the power, which means that shipping wind energy to panhandle, east, and central texas areas will actually _lower_ your energy bill, even if the cost of non-wind energy goes up? It's not like if I turn on a light in Houston, I'm suddenly charged per hour of uranium burned in the nuke plant that serves us.
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