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Some of the old arguments that were rolled out (intermittence, variability) have lost their potency in the face of experience in countries with a substantial share of renewables in the mix. The fact of lower electricity prices due to the merit-order effect is also taking the edge off the "renewables are hideously expensive" argument.

So here is the "thinking man"'s new sophistry: the merit-order effect puts a natural cap on renewables penetration.

It's a pretty convoluted effort. Will we see it trotted out much?

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Jun 5th, 2015 at 01:13:27 AM EST
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