While energy sources across all categories failed in mid-February, they didn’t all fail equally. The capacity factors for nuclear, natural gas, coal, and wind in Texas during the four days of load shedding during the cold snap were 79 percent, 55 percent, 58 percent, and 14 percent, respectively.[7] //

Some of the cost of variable renewable energy sources comes in the form of the transmission lines they require. With funding from Bill Gates, the analytical group Breakthrough Energy Sciences last week estimated the U.S. could reduce carbon emissions 42 percent and generate 70 percent of its electricity from carbon-free sources by 2030. But Breakthrough Energy calculated that the cost of new transmission, distribution, and storage would be $1.5 trillion.[25] //

The land requirements of industrial renewable energy projects are two orders of magnitude larger than those of nuclear and natural gas plants. Industrial solar and wind projects require between 300 and 400 times more land than nuclear plants.[29] If the United States were to try to generate all of the energy it uses with renewables, 25 percent to 50 percent of its land would be required, according to the best-available study by a leading energy analyst and advisor to Bill Gates.[30] By contrast, today’s energy system requires just 0.5 percent of land in the United States.[31] //

As troubling is evidence that cost declines of solar panels, most of which are made in China, appear to stem from the involuntary labor of a persecuted Muslim minority, the Uighurs. In January the U.S. State Department deemed China’s treatment of the Uighurs to be genocide.[34]

Ninety-five percent of the global solar panel market contains Xinjiang silicon. //

One study by a group of climate and energy scientists found that when taking into account continent-wide weather and seasonal variation, for the United States to be powered by solar and wind, while using batteries to ensure reliable power, the battery storage required would raise the cost to more than $23 trillion.[41] //

Germany will have spent $580 billion on renewables and related infrastructure by 2025, according to energy analysts at Bloomberg[45] and Germany generated 37.5 percent of its electricity from wind and solar in 2020, as compared to the 70 percent France generates from nuclear.[46] Had Germany invested the $580 billion it’s spending on renewables and their grid upgrades into new nuclear power plants instead, it could be generating 100 percent of its electricity from zero-emission sources and have sufficient zero-carbon electricity to power all of its cars and light trucks (if electrified) by 2025, as well.[47]

From this information we can gain a clearer picture of electric reliability, resiliency, and affordability. What tends to make electric grids more reliable, resilient, and affordable is the generation of electricity by a few large, efficient plants with the minimal amount necessary of wires and storage. What tends to makes grids less reliant, resilient, and affordable is significantly increasing the number of power plants, wires, storage mechanisms, people, and organizations required for operating them. //

Restructured electricity markets did not result in the oft-promised lower prices in California, Texas, or the U.S. as a whole.[52] And from 2010 to 2019, consumers from across the U.S. who purchased electricity from electricity retailers paid $19.2 billion more than they would have had they purchased power from legacy utilities, according to a recent Wall Street Journal analysis. [53]

According to the Academies, the older model of regulated and vertically integrated electric utilities were better at taking a “longer-term perspective” that can take into account “broader societal benefits” than today’s tangle of federal and state agencies, electric utilities, and power companies.[54]