In case you missed it last week, Invenergy posted an "Analysis Summary: Impact of Grain Belt Express on Kansas and Missouri Ratepayers." It goes something like this:
Low-cost modeling process market consultants assuming estimated wind generation projected average reduce expected potential forward-looking wholesale market impacts revenue requirement controllability assessment aggregates combined impacts lower inclusion utility investment the collective partial revenue requirement average approximately production capacity factor flat production profile evening peak electric demand SPP MISO regions wholesale electric costs region spanning prices price spread opportunity arbitrage nodes average annual basis off-peak price differences translate Kansas and Missouri. Billions.
That was my take away. It really is that obtuse and meaningless. I don't think it's meant to be understood. I think maybe it's meant to be held by well-fed, middle-aged "economic development" big fish in small ponds while they slap each other on the back and bloviate knowingly about "savings" from Grain Belt Express. You know these guys as well as I do... they've got a finger in everyone's pie and they trade in "Do You Know Who I AM?" Jack of all trades, master of none, small government sycophant who likes to pretend he knows everything about energy and his opinion is gold.
Except... if you quizzed these guys they'd quickly find something more important to do than talk to you, or simply get angry at you for implying they are a know-nothing waste of flesh. They're probably on their way to find out what Invenergy can do for them. Quid pro quo, you know.
First of all... GBE is just a transmission line. It doesn't sell power. Power purchased separately. How in the world did this variable get handled in the opaque report? Notice how the variables are not identified, much less the equation shared? My 8th grade Algebra teacher would give Invenergy an "F" and send it to the principal's office for not showing its work.
Fugheddaboutit. Here's all you need to know about electricity prices in Kansas and Missouri.
Except... if you quizzed these guys they'd quickly find something more important to do than talk to you, or simply get angry at you for implying they are a know-nothing waste of flesh. They're probably on their way to find out what Invenergy can do for them. Quid pro quo, you know.
First of all... GBE is just a transmission line. It doesn't sell power. Power purchased separately. How in the world did this variable get handled in the opaque report? Notice how the variables are not identified, much less the equation shared? My 8th grade Algebra teacher would give Invenergy an "F" and send it to the principal's office for not showing its work.
Fugheddaboutit. Here's all you need to know about electricity prices in Kansas and Missouri.
See that? The price of electricity in Kansas is 10.38 cents per kWh. The price of electricity in Missouri is 9.64 cents per kWh. So if we export electricity from Kansas and make it available for use in Missouri, it will RAISE electric prices in Missouri, not lower them. In addition, Missouri ratepayers would need to add the $7B, that's BILLION, dollar price tag of Grain Belt Express to their equation, since Invenergy claims it necessary in its report.
There, wasn't that simpler and a whole lot more logical?
There, wasn't that simpler and a whole lot more logical?
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