Solar panels and wind turbines are making electricity significantly more expensive, a major new study by a team of economists from the University of Chicago finds.
require that natural gas plants, hydro-electric dams, batteries or some other form of reliable power be ready at a moment’s notice to start churning out electricity when the wind stops blowing and the sun stops shining, I noted.pay
Previous studies were misleading, the economists note, because they didn't"incorporate three key costs," which are the unreliability of renewables, the large amounts of land they require, and the displacement of cheaper"baseload" energy sources like nuclear plants.
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