Mississippi’s Electric Grid Stability

BPF follows, analyzes and comments on the latest Mississippi legislative session striving to inform Mississippians on its views regarding public policies that benefit or cause harm to our economic condition.

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 A Tale of Two Years and Two Worlds

by Ashby Foote Published January 6, 2024 Charles Dickens put it well 165 years ago, “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity…” This is an apt metaphor for the stock market and the world in 2023 and perhaps for 2024 as well. Last year saw seven magnificent technology stocks promising glorious productivity gains from Artificial Intelligence (AI) lead the S&P 500 to dramatic double-digit returns

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Reality vs. Wishful Thinking

Energy Reality vs. Wishful Thinking

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.

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Energy Madness

Virtuous Madness

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.

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Inflation 2022

Carbon To the Rescue?

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.

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Sunflower County Solar Farm Entergy Experiment

Another Utility Hustle

The Mississippi Public Service Commission purports to regulate utility monopolies including Mississippi Power and Entergy Mississippi. But the PSC actually shills for them.

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Science Frauds

Trust the Science Frauds

Richard Feynman said: “Science is the belief in the ignorance of the experts.”

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More Lessons From Germany

More Lessons From Germany

The Germans have learned that green energy from windmills is not reliable. And that depending on Russia for reliable natural gas backup is expensive – and not all that reliable either.

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