Truth To Power

Truth to Power - Episode 23


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On this week’s episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro takes a look at the anti-wind disinformation headlines in the United Kingdom and Spain.

The UK saw wind energy curtailment payments of £1.3 million on a single day last week. Wind energy gets blamed for these payments despite the fact that wind energy is operating efficiently and the real problem is lack of adequate grid capacity as well as limited options for energy storage.

According to our own analysis, UK ratepayers would be spending almost four times that amount to leave old coal plants online, amounting to £3.8 billion in coal operating costs instead of £1 billion in wind energy constraint payments.

Average energy storage costs in the UK are £580,000 per MW in CapEx and operational costs are ~ £2.50 / MWhr. 6000 MWhr of storage would have facilitated the offtake of almost 100% of the #windpower.

Have a listen today, and get in touch with your best questions about the renewable energy market in the UK, Spain, or any other country around the world.

This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/grfixJn

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Truth To PowerBy IntelStor