A story in Friday’s Las Vegas Sun — naively and unintentionally — rips the veil off the underlying ulterior motives of those who are pushing the development of “green” energy.
There never was any intention to save the planet from warming due to greenhouse gases. It was always about lining the pockets of their campaign contributors who build expensive wind, solar and geothermal plants with taxpayer and ratepayer subsidies and then rake in exorbitant rates for decades to come (see examples here).
The lede of the Sun account informs: “When the Legislature required the state’s power company to produce a certain percent of its electricity from renewable energy, a primary goal was to spur the ‘green energy’ industry inside Nevada.” And you thought it was to save the planet. The story tells us both Republicans and Democrats agree this was the case. (Perhaps not all.)
But, according to the Sun tale, those cheapskates at NV Energy are buying cheaper wind power from Wyoming, geothermal from Utah and hydropower from Idaho dams in order to comply with the state law requiring that by 2025 that 25 percent of the state’s power come from renewable energy sources and still keep the power rates as low as possible. How dare they? The Sun estimated NV Energy met a third of its “green” energy requirement in Southern Nevada one year with contracts with out-of-state suppliers.
Though the Sun story makes no mention of price, John G. Edwards, a former Review-Journal reporter, in a utility industry newsletter points out that Nevadans for Clean Affordable Reliable Energy (NCARE) was objecting to NV Energy’s southern division purchasing portfolio energy credits (PECs) from PacifiCorp.
Edwards quoted testimony from NCARE witness James Philip Williamson as testifying that the power company purchased 916 million PECs in 2011 from PacifiCorp for about 6 cents a kilowatt-hour, which is less than half the 13.5 cents per Kwh for the most expensive in-state solar power plant but still twice the cost of power generated by natural gas or coal.
It is not until the waning paragraphs of the report that Sun readers are informed that what the power company is doing is keeping power bills down. That is so trivial.
“This stuff is more costly than traditional energy,” Dan Jacobsen, a manager with the Bureau of Consumer Protection, was quoted as saying. “Particularly with the price of natural gas at record lows, traditional fossil fuel burning power plants are cheapest.
“People need to understand that any effort to expand renewables will create upward pressure on pricing, because renewables cost more.”
For just the latest example of why certain politicians want to build more “green” energy projects, read about Harry Reid’s Chinese pals and their contributions to his and other campaigns. Here is another example. And this too. And still another.
One “green” hugger suggested in the Sun story that his ilk will push during the 2013 Legislature to require that “green” energy must be produced within the state to satisfy the renewable portfolio standard (RPS). That sounds like a worthy debate for the ratepayers of Nevada to hear. How much will Nevadans have to pay in power bills to save the planet all by ourselves. I never knew carbon dioxide stopped at the state line.
Perhaps, someone with a lick of common sense will move to repeal the RPS entirely, since it is obviously just a ruse to redistribute our money to Democratic cronies and not to save the planet at all.