Current Nevada law requires 25 percent of the state?s electric power to come from renewable energy sources ? such as solar, wind and geothermal ? by 2025, but Question 6 on the November ballot asks voters to raise the requirement to 50 percent by 2030.
The initiative claims this will reduce the state?s reliance on fossil-fuel power plants and clean up the air.
But recent reports out of Europe note that carbon emissions actually grew by 1.8 percent in 2017 despite a 25 percent increase in wind power and 6 percent growth in solar. Part of this is explained by the fact idling fossil fuel plants must be quickly brought online when the wind doesn?t blow and the sun doesn?t shine, and, just like cars in traffic, idling engines produce more carbon emissions. Also, maintaining both power sources increases infrastructure costs. The cost of electricity in Europe has increased 23 percent in the past decade.
So, Europeans are paying more and getting no emission decrease.
Nevada is already getting 20 percent of its electricity from renewables as each year the requirement ratchets up toward the current 25 percent goal, while over the past five years the cost per kilowatt-hour of power across all sectors has increased 11 percent in Nevada, though nationally rates fell 1 percent, according to figures from the U.S. Energy Information Administration. Meanwhile, carbon emissions due to power generation have largely flatlined, according to the Nevada Division of Environmental Protection.
Arizona also has on the ballot a proposal to increase renewables to 50 percent by 2030. Both measures are being bankrolled by San Francisco billionaire Tom Steyer.
Heartland Institute analyst James Taylor took a look at what impact the Arizona proposal would have on electricity bills there if the initiative passes. Taylor estimated that Arizona?s current 7 percent renewable power costs consumers $304 a year in higher rates and extrapolated that the 50 percent requirement could increase bills by more than $2,000 a year.
In 2013 Nevada Policy Research Institute commissioned Beacon Hill Institute of Suffolk University to analyze the impact of the current 25 percent renewable power portfolio (RPS) requirement. The report was titled ?RPS: A Recipe for Economic Decline.?
Using a range of estimates from low to high, Beacon Hill estimated power bills could increase anywhere from less than 2 percent to nearly 11 percent. That high end estimate has been reached seven years early.
The study also said the 25 percent standard could cost Nevada between 590 and 3,070 jobs by 2025. Image the impact in doubling renewables in the next five years.
But those costs are outweighed when you calculate all the pollutants and greenhouse gases that won?t be poured into the air and cause the planet to overheat, some still argue.
?One could justify the higher electricity costs if the environmental benefits ? in terms of reduced greenhouse gases (GHGs) and other emissions ? outweighed the costs,? Beacon Hill reports. ?However, it is unclear that the use of renewable energy resources ? especially wind and solar ? significantly reduces GHG emissions. Due to their intermittency, wind and solar require significant conventional backup power sources that are cycled up and down to accommodate the variability in the production of wind and solar power. A 2010 study found that wind power actually increases pollution and greenhouse gas emissions. Thus, there appear to be few, if any, benefits to implementing RPS policies based on heavy uses of wind.?
Since Question 6 will likely cost Nevadans money and jobs while producing no discernible benefit, we encourage a no vote this November. ? TM