Oh wait, we already did. See below 👇
MIT Technology Review (7/14/21) reports: "A few lonely academics have been warning for years that solar power faces a fundamental challenge that could halt the industry's breakneck growth. Simply put: the more solar you add to the grid, the less valuable it becomes. The problem is that solar panels generate lots of electricity in the middle of sunny days, frequently more than what's required, driving down prices—sometimes even into negative territory. Unlike a natural gas plant, solar plant operators can't easily throttle electricity up and down as needed, or space generation out through the day, night and dark winter. It's available when it's available, which is when the sun is shining. And that's when all the other solar plants are cranking out electricity at maximum levels as well."
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The Solar Value Cliff
Institute for Energy Research (8/23/17) reports: "Media headlines touting the falling costs of solar power do not tell the full story. While the manufacturing and installation costs of solar are in fact falling, solar’s value to the electricity grid is also in decline. Solar power is reaching a steep drop-off point beyond which additional solar production contributes no additional capacity to the grid, and indeed begins to actively harm the grid’s reliability and economics. The Solar Value Cliff: The Diminishing Value of Solar Power explores this phenomenon."
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"What is certain is that [the drive to a 'net zero' economy] will involve spending immense sums of money — other people’s money. Sometimes those costs will be borne by the taxpayer, sometimes by the consumer, sometimes by industry, sometimes by investors, and sometimes by a combination of one or more of the foregoing."
– Andrew Stuttaford, National Review
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