Key extracts from “The “New Energy Economy”: An Exercise in Magical Thinking” by Mark P. Mills

This is a superb paper – available here. KEY MESSAGES Hydrocarbons are the most concentrated form of readily usable energy Since hydrocarbons are so easily stored, idle conventional power plants can be dispatched—ramped up and down—to follow cyclical demand for electricity. Wind turbines and solar arrays cannot be dispatched when there’s no wind or sun. […]