Slashdot Mirror
The Battle for Solar Energy in the Country's Sunniest State (newyorker.com)
Carolyn Kormann, writing for The New Yorker: Steyer [billionaire Tom Steyer, who for years has tried to pass Proposition 127, an amendment to Arizona's constitution that would require power companies to generate fifty per cent of their electricity from renewable sources by 2030] and his coalition say that the problem is simple: A.P.S. (state's largest utility, Arizona Public Service) is an investor-owned company, motivated primarily by its responsibility to protect profits for its shareholders, many of whom reside out of state. In 2017, the company made four hundred and eighty-eight million dollars, an increase of forty-six million from the previous year. The Arizona Corporation Commission (A.C.C.), a five-member elected "fourth branch" of state government, is supposed to keep the utility's monopoly in check -- setting limits on capital investments and pricing, while guaranteeing a certain margin of profit.
But critics have long argued that the arrangement incentivizes utilities to "gold-plate," or make inessential investments. (The phenomenon even has a name: the Averch-Johnson effect.) For A.P.S., a two-hundred-million-dollar gas-fuel plant would be more lucrative than a twenty-million-dollar solar array because the utility can charge higher rates to recoup its investment costs. Kris Mayes, a former Republican A.C.C. commissioner, who helped write the language of Prop 127, told me the Averch-Johnson effect explains why, in 2017, A.P.S. called for more than five thousand megawatts of new natural-gas additions, and almost no utility-scale renewables. "If they were truly acting in public interest," Kris Mayes, a former Republican A.C.C. commissioner, said, "they would not be proposing fifty-four hundred megawatts of new natural-gas plants."
But critics have long argued that the arrangement incentivizes utilities to "gold-plate," or make inessential investments. (The phenomenon even has a name: the Averch-Johnson effect.) For A.P.S., a two-hundred-million-dollar gas-fuel plant would be more lucrative than a twenty-million-dollar solar array because the utility can charge higher rates to recoup its investment costs. Kris Mayes, a former Republican A.C.C. commissioner, who helped write the language of Prop 127, told me the Averch-Johnson effect explains why, in 2017, A.P.S. called for more than five thousand megawatts of new natural-gas additions, and almost no utility-scale renewables. "If they were truly acting in public interest," Kris Mayes, a former Republican A.C.C. commissioner, said, "they would not be proposing fifty-four hundred megawatts of new natural-gas plants."
When you are buying politicians.
https://www.npr.org/sections/m...
Steyer has done uniquely well with it, but if you think he is about clean energy or this proposal is think again
https://www.azcentral.com/stor...
It will force the early shutdown of APS's nuclear power plant and likely boost greenhouse gas emissions.
First off, he does not live in Az.
Secondly, he is working at trying to kill off their nuclear power plant. Right now, Az is a low emitter BECAUSE of their nuclear power. Instead of trying to close nuke plants, the far left should focus on replacing fossil fuel plants. In this case, the bill should require that all utilities have a minimum of 60% clean energy, along with requiring 2/3 of the energy to be base-load (i.e. on-demand).
I prefer the "u" in honour as it seems to be missing these days.
Maybe you should look at the cost structure of wind and solar and the payback over time.
E.g. larger up front cost - very low operating costs.
At this point in time, its cheaper per MW/h to build solar in a high sun exposure state than it is to build gas or nuclear.
So no, it's more economical to build solar than gas.