Wildly successful California Renewables Portfolio

[Jay McKinsey + 1,490]

The average price of RPS contracts that were executed in 2019 was 2.82 ¢/kWh compared to 3.81 ¢/kWh in 2018.

https://www.cpuc.ca.gov/uploadedFiles/CPUCWebsite/Content/About_Us/Organization/Divisions/Office_of_Governmental_Affairs/Legislation/2020/2020 Padilla Report.pdf

[markslawson + 1,057]

Jay - you've gone into seriously denial mode over the failure of renewables in California. Sure the contract price of renewables fell over the period looked at. So? Heaps more projects came online because of government policy requirements and the price of equipment fell. Do these costs include the billions lost in blackouts because all the state had to fall back on when unreliable renewables when a key generator failed? What about the billions more required in transmission lines to remove bottlenecks, and billions more in batteries as a partial, unreliable solution to the problem created by renewables? Are these counted in these costs. Time to walk away. Leave it with you.

[Jay McKinsey + 1,490]

4 hours ago, markslawson said:

Jay - you've gone into seriously denial mode over the failure of renewables in California. Sure the contract price of renewables fell over the period looked at. So? Heaps more projects came online because of government policy requirements and the price of equipment fell. Do these costs include the billions lost in blackouts because all the state had to fall back on when unreliable renewables when a key generator failed? What about the billions more required in transmission lines to remove bottlenecks, and billions more in batteries as a partial, unreliable solution to the problem created by renewables? Are these counted in these costs. Time to walk away. Leave it with you.

HaHa Mark you are just too funny! What are you going to do as renewables just keep growing and fossil demand starts shrinking?

Edited August 21, 2020 by Jay McKinsey

[Jay McKinsey + 1,490]

4 hours ago, markslawson said:

Jay - you've gone into seriously denial mode over the failure of renewables in California. Sure the contract price of renewables fell over the period looked at. So? Heaps more projects came online because of government policy requirements and the price of equipment fell. Do these costs include the billions lost in blackouts because all the state had to fall back on when unreliable renewables when a key generator failed? What about the billions more required in transmission lines to remove bottlenecks, and billions more in batteries as a partial, unreliable solution to the problem created by renewables? Are these counted in these costs. Time to walk away. Leave it with you.

And if you actually used some journalism research skills that you brag about you would know that the blackout due to a power shortage was 400k homes for 1 hour. Not even close to a billion in damages. No new power lines are needed to remove any bottlenecks. I guess you just made that up. Batteries are tremendously valuable grid resources, better and much faster at managing the grid than fossil.