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  • Renewable Energy Around the World: There's Still Hope for the U.S. [View article]
    Living close to Germany and Denmark as I do, their love of wind energy does not give me hope. Rather, it makes me employ gutter language - as it used to be called. You see, since Sweden gets most of its electricity from hydro and nuclear, it is some of the most inexpensive electricity in the world. On the other hand, in Germany and Denmark the price is about three times as much. As a result, when the windmills in Germany and Denmark stop spinning, which happens very often, they increase their demand for Swedish power, which increases my electric bill.

    Incidentally, I believe that in the new printing of my energy economics textbook I explained 'capacity factor' so that it can be understood by just about everyone. Check it out, because among other thing it is relevant for understanding that what you see is very often not what you get.
    Dec 15 10:51 am |Rating: +1 0
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