Scottish Scandal: Government Squanders £600 Million on ‘Constraint Payments’ to Wind Power Outfits for Discarded Power
Let’s assume I produce mobile phones. If I produce less than the market demands, I leave valuable market demand unsatisfied and I am not making as much money as I could. Or I produce too many items or a model that does not sell – I will lose my shirts. That’s the basic law of demand. Potential production is less than worthless. But renewable advocates never show this when they want to convince us that they produce the cheapest power. Constraint payments are a subsidy. Preferential grid access is a subsidy. At some point, it’s always the people who pay through rates and taxes. And that won’t go on forever. One day people’s patience will snap.