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In Some States Power Costs Skyrocket by 800%

Well, it’s happening just as we predicted.  This headline tells the whole story of the latest auction for purchasing electric power from the grid in the southeast and several midwestern states:

Allow us to be loud and clear on what is going on with our electric power generation. We are doing two REALLY stupid things at once. First, we are “deactivating” coal and even some gas and nuclear plants across.  Second, we are shifting the load to unreliable “renewable” wind and solar power.

As we have long predicted, this will lead to a) higher power costs and b) periodic brownouts as demand overwhelms the power supply.

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