[QUOTE=Hamloc;576215]
Gas prices go up and down. But how do you know when and whether the utilities pass on the savings to consumers?
Saskatchewan has regulated rates that are cheaper than Albertas. They also are installing lots of wind and some solar.
How do you know how much renewable additions are costing consumers? You don't.
And we know that IRENA said that renewables saved many consumers from the higher costs of fossil fuel generation.
"Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to USD 580 billion.
In addition to these direct cost savings, there would be substantial economic benefits from reducing CO2 emissions and local air pollutants. Without the deployment of renewables over the last two decades, the economic disruption from the fossil fuel price shock in 2022 would have been much worse and possibly beyond many governments ability to soften with public funding."
Originally posted by chuckChuck
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Saskatchewan has regulated rates that are cheaper than Albertas. They also are installing lots of wind and some solar.
How do you know how much renewable additions are costing consumers? You don't.
And we know that IRENA said that renewables saved many consumers from the higher costs of fossil fuel generation.
"Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to USD 580 billion.
In addition to these direct cost savings, there would be substantial economic benefits from reducing CO2 emissions and local air pollutants. Without the deployment of renewables over the last two decades, the economic disruption from the fossil fuel price shock in 2022 would have been much worse and possibly beyond many governments ability to soften with public funding."
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