Guest Post by Willis Eschenbach
Well, our beloved US Gummint, in the form of the Energy Information Administration, just released the latest data on the horrendously large taxpayer subsidies for unreliable, intermittent renewable energy. So I thought I should boil all the numbers down to make sense out of them. Here’s the result.
Note that the subsidy for solar is about 50% higher than the electricity purchase price paid by most US utilities … so the solar scammers make money no matter what.
That’s it. That’s the whole post, right there.
Stay well out there, dear friends, the world is rapidly becoming neither saner nor safer,
Someone in the comments questioned the units of $/megawatt-hour.
The US energy production data are from Table A1 in the linked publication. There, they are given in trillion BTU, a curious unit. Fortunately, the wonderful site UnitJuggler has an Energy converter to tell me that:
You are currently converting energy units from million btu to megawatt hour
1 MMBtu = 0.29329722222222 MWh
I used that to make the conversion.