Like Solyndra from Joe’s PREVIOUS time in high office, this Green Energy strategy they’re cramming down our throats is nowhere near ‘shovel-ready’.
What is the single most predictable feature of any central-planning-based economic model?
Now the government is doing their big push about moving everyone and everything to electric vehicles. Policies always carry implications. Some are bigger than others.
In this economy that’s being driven by ideology, legislative whims, pressure groups, and (intentionally) coercive energy pricing what are we getting? Shortages!
Gee, who could possibly have seen that coming?
Uh, yeah. Pretty much.
Everybody and their dog is fighting over the same scarce resources because they each want lithium batteries for different applications.
As it happens, you can’t deliver on that green dream without first having somewhere to store the energy that’s been produced.
This competition turns out to be especially bad news for anyone hoping to use large-scale battery backup for energy supply in the grid itself.
How bad is it?
U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with wind and solar energy.
At least a dozen storage projects meant to support growing renewable energy supplies have been postponed, canceled or renegotiated as labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry crimp supply. —FoxBusiness
Since the sun only shines for half the day, we will need somewhere to get energy from when it gets dark. Or when the wind doesn’t blow.
The slowdown in utility-scale battery installations threatens the pace of the U.S. transition away from fossil fuels as the Biden administration seeks to decarbonize the grid by 2035. The delays could pose a threat to power reliability in states that already depend heavily on renewable energy like California.
…The delays, some of which have not been previously reported, range from several months to a year, according to the Reuters reporting.
“I have not seen a nascent industry challenged on so many fronts,” said Jamal Burki, president of IHI Terrasun Solutions, the U.S. energy storage arm of Japanese heavy equipment maker IHI Corp.
European energy storage projects are also facing delays, but that region lags the United States in the development of grid-scale storage, making the issue less pronounced. —FoxBusiness
Do you mean to say that scaling up big projects gradually has a greater chance of success than Joe’s hell-bent-for-leather approach?
Gee, who woulda thunk it?
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