For more than a decade, acolytes and crony capitalists have run the story that offshore wind power is free, and getting cheaper all the time. However, the reality doesn’t match the rhetoric. In the UK, offshore outfits refused to bid at the figures offered by government in the auction by which future (guaranteed) contract prices … Continue reading Latest Audacious Subsidy Grab Proves Offshore Wind Most Expensive Of All
Category: Britain
Rising Tide: True Cost of Net-Zero ‘Transition’ Drives Mounting Public Outrage
Wind and solar rent-seekers are laughing all the way to the bank, with your money. Subsidising wind and solar operators under the mantle of reaching mythical net-zero carbon oxide gas emissions targets comes with a staggering cost: wrecked communities, wrecked environments and wrecked economies. The cult that drives it all, has seriously underestimated the proles’ … Continue reading Rising Tide: True Cost of Net-Zero ‘Transition’ Drives Mounting Public Outrage
No Bid: Offshore Wind Power Now So Expensive It Can’t Find Buyers
So much for all the cheap talk about wind power being cheap. Offshore wind power is so expensive it can’t attract a buyer. In the UK, the last round of the government’s annual auction - which awards 15-year contracts to wind and solar generators, taking their occasional produce at a set price - did not … Continue reading No Bid: Offshore Wind Power Now So Expensive It Can’t Find Buyers
Hard Time: Brits Face Prison For Using Power When the Wind’s Not Blowing
The wind and solar ‘transition’ was always going to end in a dystopian nightmare, but Brits are already living it. Power is routinely rationed whenever the wind drops and, perversely, households are encouraged to use electricity when wind speeds pick up. The simple truth is that Britain has destroyed its reliable and affordable power supply, … Continue reading Hard Time: Brits Face Prison For Using Power When the Wind’s Not Blowing
Offshore Freefall: Wind Industry Faces Economic Reality (And Doesn’t Like It)
Built on myth and lies and running on subsidies, the wind industry was never going to last. Set a false business narrative and, eventually, economic reality comes sweeping in like a Panzer division on steroids. Cheery propaganda does not always result in profits. Start with the story about wind power being the cheapest of all, … Continue reading Offshore Freefall: Wind Industry Faces Economic Reality (And Doesn’t Like It)
Britain’s Wind Industry In Freefall: Rising Costs See More Major Projects Scrapped
The value of subsidies to wind power is falling, while the cost of erecting and operating these things has skyrocketed. The result is a complete collapse in wind power capacity investment in Britain, and elsewhere. The usual suspects are running a mile from projects that were (on paper) worth billions. While the wind industry pretends … Continue reading Britain’s Wind Industry In Freefall: Rising Costs See More Major Projects Scrapped
Bubble Bursts: Rising Costs Mean More Massive Offshore Wind Projects Scrapped
The spiralling cost of erecting ever-larger turbines at sea is matched by the spiralling costs of the raw inputs needed for the turbines themselves, which means the offshore wind power bubble has truly burst. The Sweden’s Vattenfall has just scotched a massive project proposed off the coast of Norfolk, moaning about rocketing turbine manufacturing and … Continue reading Bubble Bursts: Rising Costs Mean More Massive Offshore Wind Projects Scrapped
Cry Babies: Wind Industry Demands Even More Massive Taxpayer Backed Subsidies
The wind ‘industry’ chews through $billions of other people’s money every day, but it’s never enough. Part of the problem is the metric of their mantra. Telling everyone that wind power ‘is cheap’ and getting cheaper all the time doesn’t gel with ‘forever’ subsidies, renewable targets, mandates and guaranteed prices for power which is delivered … Continue reading Cry Babies: Wind Industry Demands Even More Massive Taxpayer Backed Subsidies
Don’t Follow the Leader: Learning From Europe’s Renewable Energy Disaster
Europe’s wind and solar ‘transition’ is like watching a train wreck on constant repeat. Germany led the charge and is suffering the inevitable and entirely predictable consequences, with crushing power prices and routine power rationing. Some of Germany’s neighbours had the wit and temerity to not play follow the leader, or were in a position … Continue reading Don’t Follow the Leader: Learning From Europe’s Renewable Energy Disaster
Hard Lessons From Britain’s ‘Green’ Energy Disaster Freely Available For All
The fool learns from his own experience, the wise tend to learn from the experience of others. In that respect, Britain provides the perfect opportunity for students of energy policy to avoid their very own self-inflicted wind and solar calamity. Britain went all in with its grand offshore wind experiment - accordingly, power prices rocketed … Continue reading Hard Lessons From Britain’s ‘Green’ Energy Disaster Freely Available For All
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