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Income Insights

Building Wealth from Wind and Sun: Costs are Key

By Roger S. Conrad on Mar. 15, 2023

Last weekend, a Wall Street Journal editorial pointed out the cost of “balancing the grid” added GBP150 to UK household electricity bills in 2022. The authors’ attempt to blame the entire cost on adoption of renewable energy is quite a stretch, as it ignores the larger role of erratic weather and availability of other power plants.

Their broader point that wind and solar are still challenged by intermittency, however, is spot on.

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