Coal is still the primary fuel used for generating electricity worldwide with a market share of 36.7%. In the U.S., coal’s share is 21.8%, which ranks second to natural gas at 38.3%.
In reality, electricity from solar and wind (renewable energy) can supplement energy from fossil fuels (oil, natural gas, coal). But thinking it can replace fossil fuels is wishful thinking. Why? Because renewables are intermittent (sporadic). Solar panels generate electricity about 30% of the time on average. But they may not generate any electricity for days. Same for windmills.
The U.S. also has energy shortages, but they haven’t caused electricity rationing yet. Just higher prices for electricity, gasoline, natural gas, food, and other essentials. Mississippi is also infected with the madness.
Inflation is all the rage today, or at least the cause of today’s rage. Whether it is filling up your gas tank or your grocery cart, the pump and barcode price shocks are breathtaking.
The Mississippi Public Service Commission purports to regulate utility monopolies including Mississippi Power and Entergy Mississippi. But the PSC actually shills for them.