When it comes to assessing power sources, the three most significant metrics are affordability, reliability, and environmental friendliness.
For several years, we’ve been told that so-called green energy sources like wind and solar check all three of these boxes, thus making them the best choice for America.
However, this is not true. Actually, a strong case can be made that wind and solar are some of the least affordable, reliable, and clean energy sources.
On the other hand, natural gas, which has been inaccurately portrayed as being terrible for the planet and more expensive than wind and solar, is, by far, more affordable, reliable, and environmentally friendly.
This is not mere opinion. It is based on taking the whole picture into account. //
“Coal, natural gas, and nuclear are considered baseload power because they can dependably provide reliable, on-demand power whenever they are needed.” Conversely, “Wind turbines generate, on average, only about 35 percent of the power that would be possible under consistently ideal conditions.” Even worse, “Solar equipment generates, on average, only about 25 percent of the power that would be possible under sunny skies at high noon.” //
Another “hidden” cost that is often overlooked when it comes to wind and solar is that their intermittent nature “require baseload power facilities like natural gas plants to be cycling and available – racking up costs but selling no power – in the background in case they are needed at a moment’s notice when wind or solar power ramp down.”
Because the sun doesn’t always shine and the wind doesn’t always blow, wind and solar necessitate “cycling in the background, which adds to the cost of operating natural gas power plants, even though wind and solar power are gaining the sales and imposing those additional operating costs on natural gas power.” //
Wind and solar power pose unique threats to open spaces and species protection. It requires approximately 60 square miles of solar panels to generate the same amount of power as a conventional power plant. It requires approximately 320 square miles of wind turbines to do the same.” //
the best way to analyze the actual cost of power sources is called the Levelized Full System Costs of Electricity (LFCOE).
Applying the LFCOE, “using the relatively wind-friendly and solar-friendly geography of Texas as a baseline, is as follows, in dollars per megawatt-hour: natural gas: $40; coal: $90; biomass: $117; nuclear: $122; wind: $291; solar: $413.”
https://www.eia.gov/outlooks/aeo/electricity_generation/pdf/AEO2023_LCOE_report.pdf
