Saturday, 5 March 2011
Smart grids not so smart
Like so much else in the politically correct "green" dream world, "smart grid" is just a beautiful catchword, that makes no sense economically. Lawrence Solomon reveals the reality behind the not so smart grids:
Power companies around the world are planning to spend trillions of dollars building smart grids — next-generation marvels likened to the transcontinental railroad and the Internet because they are seen as revolutionizing society.
It won’t happen. The smart grid is nothing more than a politically driven fantasy that has no economic rationale other than to support politically favoured technologies that themselves have no economic rationale other than to save the world from global warming. And on global warming the public in most developed countries, public opinion polls show, has already spoken: Global warming is a non-problem.
The one smart grid that was completed — a small smart grid in Boulder, Colo., called Smart Grid City — came in at $100-million, three times the original cost estimates, and at a cost of $2,000 per billpayer, it has little value to show for itself. Politicians still push the smart grid, but at some point they will need to face reality — the renewable technologies that the smart grid is intended to support, along with the global warming ideology that underpins them, is all but dead.
The world’s electricity systems will remain predominantly fossil fuelled, and because fossil fuels are both flexible and cheap, they won’t require a smart grid to manage them. The politician-driven smart grid will disappear, and with it the trillions of dollars in needless investment now on the drawing boards.
Read the entire article here.