Spanish economist Gabriel Calzada’s exposé of the economic inefficiency of Spain’s “green” economy effort has reignited scrutiny of claims about “green” energy being economically competitive with conventional power sources.
The Daily Tech Internet news site, for example, points out Spanish consumers currently must pay seven times as much for solar power as they do for coal.
“Spain is allowing solar and wind power plants to charge as much as 10 times the rates of coal power plants, making it possible for solar power installations to earn utilities big money. On average, recent rate increases have raised solar charges to over 7 times the rates of coal or natural gas rates,” noted Daily Tech in a May 13 news story.
— Thomas Cheplick