The Apparent Fraud Behind Levelized Cost of Energy Claims

Discussion in 'Environment & Conservation' started by Jack Hays, Dec 19, 2023.

  1. Jack Hays

    Jack Hays Well-Known Member Donor

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    It would appear that a major source of "levelized cost of energy" claims is engaged in sleight-of-hand (or outright fraud?) to promote wind and solar power.
    Climate Advocacy: Incompetence Versus Intentional Fraud -- Lazard Edition
    December 17, 2023/ Francis Menton
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    • My last post, on December 14, asked readers, when considering climate advocacy journalism and reports promoting wind- or solar-generated energy, to ask themselves whether the author is merely incompetent versus perhaps committing intentional fraud. The post focused on a particular piece that had been published in November in euronews.green, byline Lauren Crosby Medlicott.

    • In that piece, Ms. Medlicott had egregiously cherrypicked some operating data from the Spanish El Hierro Island wind/storage electricity system to make it appear that that system is a success, when in fact it is a disastrous failure. Could this really have been mere incompetence on her part, or was Ms. Medlicott intentionally seeking to deceive her readers?

    • Ms. Medlicott’s piece was so appalling that I was unable just to let it pass. On the other hand, to be honest, Ms. Medlicott is a relatively small fish in the climate advocacy game. Are the larger fish any more honest?

    • . . . . Now, consider the question of whether cost figures in the Lazard Report are the result of rank incompetence versus intentional deception. Could the people at Lazard who produce all these fancy and complex charts and graphs really not know that 4 hour duration batteries cycling once per day are not going to come close to solving the intermittency problems of wind and solar generation? Or do they really know that, and they are just hoping to sell a few hundreds of billions of dollars worth of wind turbines and solar panels before the stupid politicians and investors figure out the scam?

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