Saturday, 21 October 2017

THE FAILURES OF GREEN ENERGY

This article looks at the shortcomings of green energy by studying the example of Minnesota where $15 billion has been spent on wind farms to replace electricity that already was being produced by coal, nuclear and natural gas plants.

Minnesota’s colossal investment in wind energy has been a total failure, in its own terms–a failure for which the state’s consumers and businesses have paid dearly. Historically, Minnesota enjoyed the advantage of relatively cheap electricity. Generally, electricity prices were around 18% lower in Minnesota than the national average.  Since then the billions spent on windmills and transmission lines has led to this cheap electricity advantage disappearing. In fact, 2017 is the first year on record in which the price of electricity in Minnesota is above the national average

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