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The dinosaurs do thrash about in their death throes. Lies and distortions are the currency in trade, as you so ably pick apart.

The conventional fuel industry continues to see the world from the golden days of hundred year-old monopolies and unlimited cheap fossils. That the grid itself is already changing into the power equivalent of the internet is beyond their capacity to fathom.

Sadly, it's likely to take another energy and/or climate shock or two before the people for whom The Economist is shilling realize that it's already a new day.

Then again, the ostensible magazine is not attempting to define reality. It is vicious propaganda, pure and simple.

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Mon Jul 30th, 2012 at 02:22:59 PM EST
As if to underscore Mr. á Paris' points, take a look at the actual vs. planned production for a very changeable weather day throughout Germany. Notice that both solar and wind outperformed their estimates, while the conventional grid chugged along, likely sending export prices lower.

EEX here.

(can't copy the graphs.)

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Mon Jul 30th, 2012 at 02:37:05 PM EST
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and thank you for a new (to me) source of data. I was not familiar with EEX.
by jam on Tue Jul 31st, 2012 at 09:45:40 AM EST
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