Re: Meredith Fowlie, “Climate change and the post-election blues”, from The Energy Institute, BerkeleyHAAS
My only comments regard Dr Fowlie’s LCoE analysis. While correct from its perspective, LCoE depends upon the viewpoint of the cost efficiency. For example, because residential PV is generated close to the consumption point, it avoids Sankey inefficiencies from upstream, primarily due to conversion losses when stepping up and down. So, from the perspective of cost of energy, there is a benefit to local generation. Note most wind generation does not have this efficiency either. The other efficiency which an “at delivery point” LCoE fails to see is use of capital. In particular, private capital is being deployed to construct residential PV and, to some extent, wind. Now, one can argue that capital costs of wind are recovered from ratepayers, but in the case of solar PV, unless some of those incentives like the ITC are factored into the CoE locally, seen as rewards for putting up capital, the price to the consumer using the PV is exaggerated. If they are not included, it seems that the social benefits of not having to raise or bear the cost of capital for that portion of generation ought to be reflected as well.
I am living in a very blue state. The graph below charts Google searches for “stages of grief”. The spike in grief-stricken web/soul searching corresponds with- you guessed it- the 2016 election. The map shows where, in the days following the election, these searches were happening. Not surprisingly, post-election blues show up disproportionately in blue states.
Graph: Generated by Google trends (search term = “stages of grief”, region = United States). The numbers represent search interest (by week) relative to the highest point over the past 5 years. A value of 100 is the peak popularity for the term.
Map: Also generated by Google trends, measures search term popularity as a fraction of total searches in that state. Deeper blue indicates higher popularity of Trump grief in the week following the election.
Many of us who are feeling blue about what a Trump presidency could usher in (or throw…
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