This week in concert with critical thought prompted by the EPRI electrification conference, I introduce Rant Revelations. Some are not new, but it is time to start a list. Profit Rules Decarbonization can only happen if it is profitable. That is how we decarbonized to current levels. Whether it’s production tax credits for wind energy that make coal not competitive or high natural gas prices that make coal competitive, profit wins. In time the piper will be paid as intermittent and subsidized renewable energy will run out its string of lowering energy prices requiring new thermal generation to avoid grid…
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