NuScale cancels first-of-a-kind nuclear project as costs surge

[Hamloc]

In a free market the lowest priced option should prevail. Which in many cases is new wind and solar.

How you compensate backup options is up to regulators to decide.

And if the private or public sector runs renewables and other sources they can maximize returns based on cost of operation over the long term.

One other question Chuck2, would you consider Saskatchewan a free market for electricity? Isn’t SaskPower a crown corporation? Why is a lefty like you preaching about the free market?

[chuckChuck]

No Sask Power is a crown corporation with regulated rates which is currently and in the past produced lower cost electricity than Alberta's deregulated market subject to companies that purposely reduce supplies to increase prices.

What Alberta illustrates is that the free market supports renewables because they add low cost supply which is a good thing if the benefits are passed onto consumers.

Danny Smith is talking about reregulating the Alberta electricity market, another example of big government from "the small government UCP". Oh the irony!

Sask Power is also building renewable capacity but on a much smaller scale.

[AlbertaFarmer5]

No Sask Power... produced lower cost electricity than Alberta's
Sask Power is also building renewable capacity but on a much smaller scale.

It appears that you have found yet another example of solar and wind causing more expensive electricity.

Remember all those times I've asked you to provide an example of lower cost solar and wind, and you have never yet found even one?

[chuckChuck]

Alberta's recent run up in electricity prices, the highest in Canada, was based on utilities witholding supply. Several expert economists have documented this and even the Premier started talking about reregulating because of high prices.

Price regulation is why Saskatchewan's prices are lower. Wind and solar are the lowest cost sources of new generation and increase supply which helps lower prices in Alberta. Ask Blake Shafer at the U of C about all this.

[Hamloc]

No Sask Power is a crown corporation with regulated rates which is currently and in the past produced lower cost electricity than Alberta's deregulated market subject to companies that purposely reduce supplies to increase prices.

What Alberta illustrates is that the free market supports renewables because they add low cost supply which is a good thing if the benefits are passed onto consumers.

Danny Smith is talking about reregulating the Alberta electricity market, another example of big government from "the small government UCP". Oh the irony!

Sask Power is also building renewable capacity but on a much smaller scale.

Chuck2 I think your totally misrepresenting reality. Alberta with roughly 12% of Canada’s population was installing roughly 90% of new solar and wind capacity. If renewables are the cheapest source of new generation why aren’t the other 9 provinces with government owned government regulated electricity generation systems installing all the new solar and wind capacity? Why was it in Alberta? I would argue it is because they can make a better return on their investment. In the other nine provinces government would be footing the bill. But still curious why aren’t provincial government owned and regulated utilities installing more wind and solar?!?!

[shtferbrains]

He's back with his morning proclamation.

Major Windbag

[WiltonRanch]

He's back with his morning proclamation.

Major Windbag

Yes Baghdad Bob is about as credible as the boosters for renewables. Whatever happened to this credible spokesperson?

[WiltonRanch]

Further research Baghdad Bob surrendered to coalition forces, was detained, questioned, and released. He genuinely believed the bullshit he was broadcasting because the sources he said were credible to the best of his knowledge. He retired to the UAE and not much is known since. Similar parallel here?

[AlbertaFarmer5]

Yes Baghdad Bob is about as credible as the boosters for renewables. Whatever happened to this credible spokesperson?

I assumed he was hired by the CBC, as a credible expert.

[chuckChuck]

Chuck2 I think your totally misrepresenting reality. Alberta with roughly 12% of Canada’s population was installing roughly 90% of new solar and wind capacity. If renewables are the cheapest source of new generation why aren’t the other 9 provinces with government owned government regulated electricity generation systems installing all the new solar and wind capacity? Why was it in Alberta? I would argue it is because they can make a better return on their investment. In the other nine provinces government would be footing the bill. But still curious why aren’t provincial government owned and regulated utilities installing more wind and solar?!?!

Saskatchewan is installing more wind and solar, Manitoba, Ontario, Quebec, Nova Scotia are also all planning more renewables to expand capacity.

Alberta's deregulated market made renewables an attractive investment. thats why you led the growth in renewable capacity.

[chuckChuck]

In 2023 the investment in solar alone exceeded oil investment.

Total clean energy investment in the world in 2023 is much larger than in fossil fuels.

Look at the IEA charts and reports here:

[url]https://www.iea.org/reports/world-energy-investment-2023/overview-and-key-findings[/url]

Solar is in light blue oil is dark blue 2013 vs 2023 in Billions of USD

[Hamloc]

Saskatchewan is installing more wind and solar, Manitoba, Ontario, Quebec, Nova Scotia are also all planning more renewables to expand capacity.

Alberta's deregulated market made renewables an attractive investment. thats why you led the growth in renewable capacity.

Why is it Chuck2 that the left leaning Canadian media attacks Alberta for pausing and attempting to get the regulations correct in relation to solar and wind rather than going after the other provinces for installing much less wind and solar than Alberta?!