Sunday, March 14, 2021

The rest of the story!-----Wind Power Is a Disaster in Texas, No Matter What Paul Krugman Says | Mises Wire

Wind Power Is a Disaster in Texas, No Matter What Paul Krugman Says | Mises Wire
"Listen to the Audio Mises Wire version of this article.

In the wake of February’s tragic power outages in Texas, during which 4.5 million households suffered service interruptions, partisans on both sides have been quick to interpret the events as confirmation of their preferred energy policies...

  • In this article I’ll lay out the basic facts of which power sources stepped up to the plate during the crisis. 

Contrary to what you would have known from reading Ron Bailey (let alone Paul Krugman), when the Texas freeze hit, electricity from natural gas skyrocketed while wind output fell off a cliff. The people arguing that wind wasn’t to blame mean it in the same way Jimmy Olson wasn’t to blame when General Zod took over: wind is so useless nobody serious ever thought it might help in a crisis.

...What Really Happened During Texas’s Power Crisis

Had I not seen the analysis from my former colleagues at the Institute for Energy Research (see their articles here and here), I might have believed the spin that the Texas crisis was really a failure of fossil fuels rather than renewables. Yet as we’ll see, the actual numbers tell a much different story from what most Americans probably “learned” from the media discussion.

The simplest way for me to communicate the relevant information is through three infographics, generated from the Energy Information Administration’s handy tool that shows the source mix for daily energy generation by state.

Before showing the numbers, I need to make an important clarification: the demand for electricity soared to unprecedented levels during the freeze...

With that context in place, here are the stats for electricity output from various sources on February 15, 2021:

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