Boom in home generator sales a sign of the times
September 24, 2021
One of the hottest stocks these days is a company called Generac, which makes whole-home power generators, fueled by natural gas.
After the power failures in Texas and the current crisis in the UK (the latter a desperate situation due to poor energy planning and reliance on wind power), people are worried about the reliability of the power grid.
It’s happening here too and will escalate if cities like Ottawa engage in planning based on intermittent “unreliables” like wind and solar.
Here’s a comment from one of our readers, a long-time experienced power worker:
I just got off the phone with another contractor from Rockland Ontario asking me to help them get caught up with residential generator installs. Most new construction includes a gas fired backup generator along with an 80 amp electric vehicle charging plug legislated by government code.
Yup, the same people that are discussing phasing out gas fired generation.
Oh, and by the way, for anyone interested, the 3 baseload gas plants that do operate daily are right across the river from Detroit and are privately owned by international consortiums supplying industrial operations that employ thousands.
Most of the other gas fired electrical generating stations are on standby as backup to the Ontario windfarms which drop out of production many times a day, except for the Milton station which provides peaking power usually twice a day for the local industries.
Get rid of that one, no big deal, BUT, you get rid of more Ontario industries and you get rid of more Ontario jobs.
Move in Industrial Wind Turbines and move out industry, hey, it has been proven, the data is everywhere, Ontario windmills don’t work plus they are built using gas fired and coal fired power generation, just not in Ontario.
Lucky for us China has gone in the opposite direction.
Ok, enough new old news for today, gotta go hook up another generator.