You're Being Lied To About Energy Costs This video demystifies it all. Very informative
Business Insider producer Elizabeth McCauley sifts through the noise and talks to experts to find out the truth.
00:00 – Intro
01:04 – Do renewables increase electricity costs?
02:15 – Delays holding back energy supply
03:57 – New research on renewable energy & electricity prices
05:23 – Are poles & wires driving up costs?
06:37 – The aging power grid
07:33 – What's behind surging electricity demand?
08:28 – The role of extreme weather
08:44 – Rising prices in Texas
08:57 – Renewable energy in Texas
09:43 – Balancing inconsistent renewables with other energy sources
11:52 – The AI boom & data center energy demand
13:46 – Are we paying for the data center buildout?
16:19 – Why data center energy demand might be overhyped
17:56 – Natural gas & electricity prices
18:27 – Aging fossil-powered plants kept from retiring
20:05 – Are for-profit utility companies the problem?
23:01 – Credits
by ceph2apod
4 comments
The crazy part is that we could promote faster connection if the money we also put back into hybrid solar systems for homes. Instead of that extra going back onto the grid, it could easily be put back into batteries locally, used locally and the grid it self doesnt have to worry about as much overhead. You can even go as far as to allow smart connection to these systems so you get a little mini-power plant as well that the grid can draw power from the batteries.
If America could simplify the permitting process and reduce the cost and wait times a lot more people would go solar.
The US should be encouraging individual energy independence. Australia has the right idea with how simple, quick, and easy their permitting process is.
This was a complete and well done explanation.
Power costs have been rising due to the same inflationary pressures that have been acting for every other good or service. Their rise is delayed behind the general economy because of regulation – regulated providers have to ask for rate increases to cover rising costs that have already happened. Contract labor, employees, benefits, parts, all have increased costs.
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