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The power grid operator serving northern Illinois and points east to the Mid-Atlantic is sounding the alarm about potential electricity shortages over the coming seven years, driven in part by state policies like Illinois’ clean-energy law that are forcing power plants to close. The report explicitly cites Illinois’ Climate & Equitable Jobs Act, or CEJA, enacted in 2021, as a contributor to the issue.
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Wait till Biden/Pritzker outlaw gas stoves…then the real fun begins
For those of you old enough to remember Commonwealth Edison’s cartoon “Little Bill” that poor guy is off in a corner somewhere crying.
It all starts with the fake fraudulent Global Warming science. Trace amounts of CO2 < .004 of the atmosphere is incapable of causing GW, proven in any physics lab. Wind, Solar, now batteries are getting $22 mwh tax credits for every mwh they produce. This is equivalent of Exxon Mobil receiving $53 per barrel of Oil tax credit for every single barrel of oil they produce. The so called renewables also receive subsidies for transmission interconnection, easy ancillary service charges for deviations, and forced renewable energy credits. They are subsidized so crazy. Since we are closing all reliable power like… Read more »
If Illinois chases enough business away the need for power will go way down. As business leave so do people so the actual consumption should drop. Nothing to worry about fat man has it all figured out.
The reason we invested in a whole house generator – we don’t trust the climate-crazy greeniacs to properly support the grid or handle the transition with reliability in mind.
Why would a data center want to build here?
PJM Interconnection
Energy Transition in PJM: Resource Retirements, Replacements & Risks
Feb. 24, 2023
“Illinois Climate & Equitable Jobs Act (CEJA) (https://www2.illinois.gov/epa/topics/ceja/Pages/Electric-Generating-Units.aspx): CEJA mandates the scheduled phase-out of coal and natural gas generation by specified target dates: January 2030, 2035, 2040 and 2045.
To understand CEJA criteria impacts and establish the timing of affected generation units’ expected deactivation, PJM analyzed each generating unit’s publically available emissions data, published heat rate, and proximity to Illinois environmental justice communities and Restore, Reinvest, Renew (R3) (https://r3.illinois.gov/eligibility) zones.
For this study, PJM focuses on the approximately 5,800 MW expected to retire in 2030.”
https://www.pjm.com/-/media/library/reports-notices/special-reports/2023/energy-transition-in-pjm-resource-retirements-replacements-and-risks.ashx
I’m guessing there won’t be any power shortages in the many Pritzker mansions. They’ll be sure to have the best backup power systems. JB doesn’t like to sweat.