We like this new article on the Eigen Values substack – exposing the hidden costs of renewables.
The purpose of the article is to answer the question, if we’re following Net Zero and generating more power from “cheap” renewables, why did electricity costs rise sharply before the war in Ukraine?
It finds that the cost of renewables is high and rising because index-linked subsidies and growing grid-balancing costs.
https://davidturver.substack.com/p/exposing-the-hidden-costs-of-renewables
Hidden Costs of Renewables