MCViewPoint

Opinion from a Libertarian ViewPoint

How Trading Renewable Energy Will Grow the Industry | The Daily Bell

Posted by Martin C. Fox on September 5, 2017

The commentators aren’t buying it.

http://www.thedailybell.com/news-analysis/how-trading-renewable-energy-will-grow-the-industry/

The plan? To allow the UK and Norway to import and export natural power sources. The UK could import 1400 megawatts of electricity, enough to power over 750,000 homes. Norway will benefit from wind energy exported from the UK in a scheme that’s both intelligent and efficient.

Northern European countries, for instance, that produce large amounts of energy from the wind can trade electricity with sunnier European climates offering reliable and efficient solar power. The use of surplus energy is an innovative and forward-thinking approach to reducing the carbon footprint here on Earth and, if successful, could go a long way to reducing greenhouse gases. A successful international network of natural power could also drive down wholesale energy prices as people are given an alternative to how they fuel their lives.

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DB: “The plan? To allow the UK and Norway to import and export natural power sources. The UK could import 1400 megawatts of electricity, enough to power over 750,000 homes. Norway will benefit from wind energy exported from the UK in a scheme that’s both intelligent and efficient.”

I think this summarises this particular big-gov-big-corp rip-off pretty well. Importing electricity and at the same time exporting electricity through a single long cable. Obviously not intelligent nor efficient. But I guess they can get people to love it and happily pay for it.

I don’t think that’s how they will do it, of course, but it will trick a few for sure.

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