As night follows day, adding more wind and solar capacity inevitably results in rocketing power prices. The hard numbers say it all. China enjoys the world’s lowest power prices, thanks to cheap, abundant and reliable coal-fired power. Adding to their advantage, China is building dozens of new coal-fired and nuclear powered plants. It’s almost as … Continue reading Countries With Most Wind & Solar Generation Suffer World’s Highest Power Prices
Category: Economics
The Real Climate Crisis: Relying Upon Weather-Dependent Wind & Solar
Frozen wind turbines and solar panels buried under piles of snow and ice produce nothing at all, except photo opportunities. When the weather conspires against the ‘unreliables’, somewhere there will be a coal, or gas or diesel powered generator ready to swing into action and prevent you from freezing in the dark. However, if the … Continue reading The Real Climate Crisis: Relying Upon Weather-Dependent Wind & Solar
Massive Wind & Solar Subsidies Principal Cause of Your Rocketing Power Bills
It takes more than just your average leap of logic to contend that the grand wind and solar ‘transition’ constitutes rational energy policy. That so-called ‘policy’ means doling out massive subsidies to wind and solar generators for weather-dependent occasional power; then subsidising coal-fired power plants to stay operating to fill the ‘gaps’ caused by sunset … Continue reading Massive Wind & Solar Subsidies Principal Cause of Your Rocketing Power Bills
Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse
Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The majority of Swedish wind power outfits are underwater, bleeding cash and have no hope of recovery. In the piece below, Carl Deconinck reports on the work of two economists, Christian Sandström and Christian Steinbeck, who conclude that the … Continue reading Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse
How Rentseekers Rigged The Game: Unpacking The Wind & Solar Subsidy Scam
The wind and solar scam is mindbogglingly complex, because the scammers deliberately designed it that way. Start with their ability to get paid untold $millions in subsidies for producing absolutely nothing at all, take a detour through their capacity to manipulate grid dispatch regulations in a manner that favours wind and solar and penalises the … Continue reading How Rentseekers Rigged The Game: Unpacking The Wind & Solar Subsidy Scam
How to Wreck Power Supplies: Add Subidised Wind & Solar
The apparent object of the wind and solar ‘transition’ is to destroy reliable and affordable power supplies. The evidence suggests we are well on our way. Hijacked by ideologues with arts degrees and bankrolled by crony capitalists ready to make a fast buck, at your expense, energy policy is playing out as one almighty nightmare … Continue reading How to Wreck Power Supplies: Add Subidised Wind & Solar
Wind Turbines Require Hundreds of Tonnes of Minerals Mined & Processed Using Fossil Fuels
Ignorance is a solid virtue among the wind and sun cult, who apparently believe that wind turbines self-replicate without the need for any assistance from those evil fossil fuels, coal, oil and gas. Their infantile imagination is better placed in a sci-fi pic with indestructible, self-repairing droids, than in earthly reality. An industrial wind turbine … Continue reading Wind Turbines Require Hundreds of Tonnes of Minerals Mined & Processed Using Fossil Fuels
Orsted’s Financial Collapse Spells Armageddon For US Offshore Wind Industry
When the most heavily subsidised industry on earth can’t make it pay, you know the economics must really stink. Denmark’s Ørsted share price plummeted 25% late last year, and after slashing dividends to shareholders was forced to write $billions off the projected value of its US offshore projects, and its share price is still heading south. Exhibiting … Continue reading Orsted’s Financial Collapse Spells Armageddon For US Offshore Wind Industry
Wind & Solar ‘Transition’ Perfectly Engineered For Ultimate (Costly) Failure
Once ideologues replaced engineers, reliable and affordable electricity supplies were doomed. It began 20 years ago, with massive subsidies for the occasional production of electricity using wind turbines and solar panels. There was no shortage of perfectly reliable electricity at the time. Back then, electricity was not only reliably delivered on demand, it was cheap. … Continue reading Wind & Solar ‘Transition’ Perfectly Engineered For Ultimate (Costly) Failure
Tap Into Weather-Dependent Wind & Solar: Get Ready For Punishing Power Bills
Being pounded with 20% increases in power bills, year after year, is all part of the grand wind and solar transition. Every single country that’s tapped into subsidised wind and solar has seen retail power prices rocket - no exceptions. It’s one case where whatever goes up, never comes down. The promise of cheap electricity … Continue reading Tap Into Weather-Dependent Wind & Solar: Get Ready For Punishing Power Bills
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