A key claim of the green energy movement has long been that the intermittent "Renewables" - wind and solar - provide the cheapest form of energy.
The advocates say, just build enough wind turbines and solar panels, convert all use of energy to electricity, and sit back and enjoy a future of affordable energy without adverse environmental consequences.
First, a short refresher on the claims of green energy advocates that the wind and sun provide the cheapest power.
Long after the Soho Forum debate last August, Lazard went right ahead and came out with a new and updated Report in April titled "2023 Levelized Cost of Energy." Here is the key chart from that Report: You can see right there that the cost of solar PV is $24-96/MWh, onshore wind is even less at $24-75/MWh, and the cheapest fossil fuel alternative is combined cycle natural gas at $39-101/MWh.
These dominant costs are the costs of energy storage and/or backup, the costs of overbuilding, and the costs of additional transmission.
Bloomberg reports on October 8 that the long-time ruling coalition of Democrats, Socialists and Greens got "Toppled." In a parliament of 60, the Conservatives upped their total to 21 seats, while the Greens went from 9 seats to just 4.
The result is likely to be a governing coalition of the conservatives with other parties, but excluding the Greens, which could mean a significant shift in green energy policies.
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