by Samuel Furfari, Professor Emeritus, Université Libre de Bruxelles

Wind and solar propagandists like to quote figures to encourage public authorities to continue subsidising these intermittent and variable sources. If these energies produce cheap electricity, it’s worth giving them a helping hand to bring them fully into the competitive electricity generation business, isn’t it? Except that it’s nothing more than a deception, disguised in lengthy calculations which, because of their detail, lead the naive reader to believe that they are well founded.

Investors need to have a clear view of the viability of the project in which they are considering investing. The final investment decision (FID) will only be taken when the board of directors, or the decision-making body empowered to decide on investments, is convinced that the risk taken is worth taking because the number of years of the payback period of investment is compatible with the company’s strategy.

par Samuel Furfari,  Professeur de l’Université libre de Bruxelles.

Il ne se passe pas un jour sans que surgisse sur les réseaux sociaux ou dans les médias une discussion sur le prix de l’électricité. Pour les uns, le prix de l’électricité produite par les énergies renouvelables est bas et pour les autres au contraire il est élevé. Qui a raison ? Continuer la lecture de L’électricité intermittente.
Une réalité et un prix. →