Energy: The Foundation of Modern Economies

I am generally pessimistic about the future of the U.S. due to recent energy policies at the federal and state levels that favor "green" energy technologies, primarily solar and wind. These policies often distort the economics of power production, leading to a massive misallocation of capital and overinvestment in unreliable solar and wind projects. Reliable electricity supply requires consistency every second of the day, not just minute-by-minute, but also over weeks, months, and years. My past experience in forecasting electricity demand for a five-year horizon showed that wind and solar forecasts fail to meet this requirement.