Institute for Energy Research: Wrecking the U.S. Electric Power Grid
November 09, 2023
November 09, 2023
WASHINGTON, Nov. 9 -- The Institute for Energy Research issued the following agency statement on Nov. 8, 2023:
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Key Takeaways
1 Michael Bloomberg, the New York Billionaire, has just pledged another $500 million to shut down coal and natural gas electrical generating plants in favor of wind and solar power.
2 The plant closures have resulted in skyrocketing electricity prices, an increasingly frail electric grid, and low reserve margins tha . . .
* * *
Key Takeaways
1 Michael Bloomberg, the New York Billionaire, has just pledged another $500 million to shut down coal and natural gas electrical generating plants in favor of wind and solar power.
2 The plant closures have resulted in skyrocketing electricity prices, an increasingly frail electric grid, and low reserve margins tha . . .