I recently read that in the Northwest wind turbines are producing too much electricity so they are paying the turbine operators to shut them down.
Now I’m confused.
Given the concept of greenhouse gasses, global warming, and the other environmental issues, wouldn’t it make better sense to throttle back the fossil fuel burning generators and let the wind turbines continue to produce? Wouldn’t that create market forces favoring renewable energy?
Did any of these people stay awake in Economics 101 when they were teaching the concept of supply and demand? If so, why pay ANYONE to not produce power?
All answers are welcome.