Amid a heatwave throughout most of Texas, The Electric Reliability Council of Texas, or ERCOT, is urgently asking Texas residents to conserve electricity because “it has projected a shortage in energy reserves Monday “with no market solution available.” Voluntary conservation is needed between 2 p.m. and 8 p.m. Monday.”
Record high electric demand. The heat wave that has settled on Texas and much of the central United States is driving increased electric use. Other grid operators are operating under similar conservative operations programs as ERCOT due to the heatwave. Low wind. While solar power is generally reaching near-full generation capacity, wind generation is currently generating significantly less than what it historically generated in this time period. Current projections show wind generation coming in less than 10 % of its capacity.
I would be highly surprised that Wind is not less expensive & also better for environment than fossil fuel mining.
With respect to what it costs for wind and solar, you should really add in the additional cost for energy storage. When you add in the cost for all those batteries or pumped storage hydro, renewables become extra expensive in a hurry. Of course you can also use the storage devices as load levelers during normal times to help defray the cost, but that assumes that you have cheap excess electricity available at night, like from a nuclear or coal plant.
probably solar needs even more.
https://www.eia.gov/energyexplained/wind/electricity-generation-from-wind.php
Now US has electricity generation capacity of ~1000GW
Rough calculation show that : 1000*1000*64 ( 64 acres per MW).
So US needs 64M acres of land.
Anybody investing.. as our elites want to get rid of all fossil fuels.
https://www.bloomberg.com/graphics/2021-energy-land-use-economy/