Bloomberg.com: Renewable energy costs spark debate in US policy

A Bloomberg analysis suggests that the ongoing debate regarding the economic impact of renewable energy in American energy policy is a "case where both sides have it wrong." The article examines two opposing viewpoints. Environmental advocates, such as Bill McKibben, argue that renewable energy sources are the most economical option, citing the declining costs of wind turbines and photovoltaic panels as evidence that solar and wind power are now the cheapest forms of energy. Conversely, Energy Secretary Chris Wright contends that renewables "raise the system cost of electricity." This argument, supported by President Donald Trump's administration through policies that hindered renewable energy deployment, focuses on the reliability challenges and systemic expenses resulting from the intermittent nature of wind and solar power. By reframing the debate, the analysis implies that the true cost of renewable energy is more intricate than either side acknowledges.