Author Topic: Georgetown: How a Texan Town’s Green Energy Dream Turned into a Nightmare  (Read 403 times)

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Offline Ptarmigan

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Georgetown: How a Texan Town’s Green Energy Dream Turned into a Nightmare
https://wattsupwiththat.com/2019/11/06/georgetown-how-a-texan-towns-green-energy-dream-turned-into-a-nightmare/

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h/t JoNova; Al Gore might be happy to encourage towns like Georgetown to go renewable, but so far he is not offering to pay anyones grossly inflated green electricity bills.

My question – why do renewable energy providers need contracts with lock-in clauses?

Climate advocates regularly assure us that renewable energy is cheaper than coal, yet green energy fans like the Mayor of Georgetown seem to feel an obligation to sign long term contracts to purchase renewable energy, with no clawback option if the price of that renewable energy is significantly higher than the prevailing electricity spot price.

Quixotic.
Never interrupt your enemy when he is making a mistake.
-Napoleon Bonaparte

Allow enemies their space to hate; they will destroy themselves in the process.
-Lisa Du