‘Big Oil’ Now Promotes Renewable Energy – Wind & Solar Spur GROWTH In Fossil Fuel Energy Generation

[rangerrebew]

‘Big Oil’ Now Promotes Renewable Energy – Wind & Solar Spur GROWTH In Fossil Fuel Energy Generation

By Kenneth Richard on 30. May 2019
 
While it may seem counterintuitive, the expansion of wind and solar energy necessarily leads to the preservation and eventual growth in fossil fuel energy generation. This “paradox” hasn’t gone unnoticed. As good business practice, fossil fuel companies are now actively advocating for and investing in wind and solar technologies.

In an analysis of energy return on investment , the installation of solar photovoltaics (PV) ultimately results in a net energy loss (Ferroni and Hopkirk, 2016). This is significantly due to the associated intermittent (and thus unreliable) availability, requiring backup from sources that provide continuous, all-day-long energy (gas, coal, nuclear, etc.). Solar energy investment therefore leads to a greater dependence on fossil fuel energies.

https://notrickszone.com/2019/05/30/big-oil-now-promotes-renewable-energy-wind-solar-spur-growth-in-fossil-fuel-energy-generation/

[Joe Wooten]

‘Big Oil’ Now Promotes Renewable Energy – Wind & Solar Spur GROWTH In Fossil Fuel Energy Generation

By Kenneth Richard on 30. May 2019
 
While it may seem counterintuitive, the expansion of wind and solar energy necessarily leads to the preservation and eventual growth in fossil fuel energy generation. This “paradox” hasn’t gone unnoticed. As good business practice, fossil fuel companies are now actively advocating for and investing in wind and solar technologies.

In an analysis of energy return on investment , the installation of solar photovoltaics (PV) ultimately results in a net energy loss (Ferroni and Hopkirk, 2016). This is significantly due to the associated intermittent (and thus unreliable) availability, requiring backup from sources that provide continuous, all-day-long energy (gas, coal, nuclear, etc.). Solar energy investment therefore leads to a greater dependence on fossil fuel energies.

https://notrickszone.com/2019/05/30/big-oil-now-promotes-renewable-energy-wind-solar-spur-growth-in-fossil-fuel-energy-generation/

As proven by Germany's Energiewende. They shut down the nukes in a fit of panic and now have to burn a LOT of coal and natural gas to make up for the shortfalls in wind and solar production.