That Donald Trump inflames passions on the left is an understatement, but his plan to scrap America’s wind industry on day one if he takes office has rent-seekers and the wind cult in well-practised apoplexy. How dare anyone criticise an ‘industry’ that soaks up an endless stream of subsidies and can’t deliver electricity as and … Continue reading Wind Cult Ready to Rage: Trump Targets America’s Offshore Wind Scam
Category: offshore wind power
Siemens Sinks: Germany’s Top Wind Turbine Maker Sacks 4,100 Workers Overnight
Remember how the wind and solar industries would create hundreds of thousands of highly-paid groovy ‘green’ jobs? No? Well, as it turns out, the few (highly subsidised) jobs created are disappearing like the sun over the horizon. Although, for the axed workers, there will be no reappearance the following day. Easy come, easy go. Siemens … Continue reading Siemens Sinks: Germany’s Top Wind Turbine Maker Sacks 4,100 Workers Overnight
Propaganda Overload: Offshore Wind Industry’s Costs Claims Hit Peak Delusion
The wind industry never lets facts shake the entrenched delusion that wind power is cheap and always available. One of the more troublesome facts relates to cost. Whereas the true and total cost of onshore wind power is merely exorbitant, taking these things kilometres offshore means the true cost of (occasionally) generating electricity is off … Continue reading Propaganda Overload: Offshore Wind Industry’s Costs Claims Hit Peak Delusion
Licenced to Kill: Wind Industry’s Atlantic Whale Slaughter Gets New Govt. Greenlight
The wind industry’s licence to kill whales and other marine mammals is the perfect example of institutional corruption. As the cetacean carnage continues, one might think that the US government might pause (just for a moment) and consider revoking their ‘take permits’ - rather than simply continuing to green light the wind industry’s wholesale whale … Continue reading Licenced to Kill: Wind Industry’s Atlantic Whale Slaughter Gets New Govt. Greenlight
Gravity Strikes Again: GE’s Mega-Turbine Collapse Kills Offshore Wind Industry
When your industry depends on mega-myths and hyped-up hubris, get ready for Armageddon-scale disappointment. GE’s rent-seeking wind power harm, Vernova pumped up its planned 18MW Haliade X offshore turbine with the kind of fanfare once reserved for NASA’s efforts to land men on the Moon. These things have a predilection for plummeting to earth with … Continue reading Gravity Strikes Again: GE’s Mega-Turbine Collapse Kills Offshore Wind Industry
Full-blown Financial Meltdown: Offshore Wind Industry’s Collapse Accelerates
America’s offshore wind industry is collapsing, both figuratively and literally. Offshore turbines have grown in capacity and size to the point where they simply collapse into the ocean. As do the financial prospects of those seeking to profit from them. One of the key players offshore - GE’s renewables division - backed up a solid … Continue reading Full-blown Financial Meltdown: Offshore Wind Industry’s Collapse Accelerates
Wind Industry’s Wanton Whale Slaughter Caused by Constant Deafening Construction Noise
Try as they might, the offshore wind industry can’t conceal the fact that their construction operations are killing hundreds of whales, dolphins, seals and much, much more. The underwater cacophony created during offshore construction is laid out in Michael Shellenberger’s documentary Thrown To The Wind (see the video below) and this post: US Govt Lying … Continue reading Wind Industry’s Wanton Whale Slaughter Caused by Constant Deafening Construction Noise
Blown Away: Atlantic Hurricanes Threaten Total Offshore Wind Turbine Wipeout
The purpose of a power generation source is, funnily enough, to generate power as and when it’s needed, not merely to withstand the vagaries of the weather. Wind speeds barely need to reach gale force and these things go into automatic shutdown, as appears on German turbine maker, Siemen’s website – which has this to say … Continue reading Blown Away: Atlantic Hurricanes Threaten Total Offshore Wind Turbine Wipeout
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
Floating Wrecks: Perpetually Failing Siemens Offshore Wind Turbines Practically Uninsurable
The wind industry’s sudden implosion saw Siemens suffer a €5.8 billion ($6.3 billion) market value write-down in a single day in June, followed by another 40% write-down in October - slashing a further €3 billion ($3.16 billion) off its market value, following revelations by Siemens that it was demanding billions in government-backed guarantees from the … Continue reading Floating Wrecks: Perpetually Failing Siemens Offshore Wind Turbines Practically Uninsurable
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