2023 will go down as the year that the wind industry began its inevitable implosion. Unable to deliver power as and when power consumers need it (therefore generating electricity with no commercial value), the wind industry was only ever the product of mandates, tax breaks and massive subsidies. Call it a Ponzi scheme, call it … Continue reading Compounding Problems: Wind Industry’s Fortunes Never Looked So Woeful
Category: offshore wind power
Permanently Cancelled: No Way Back For Embattled Offshore Wind Industry
As the offshore wind industry implodes in the US, UK and Northern Europe it’s worth noting the class of villains responsible. Pitching the most insanely expensive method of occasionally generating electricity on a random and entirely chaotic basis took audacity; taking investors for a ride with them took a special kind of malice; and pretending … Continue reading Permanently Cancelled: No Way Back For Embattled Offshore Wind Industry
Latest Audacious Subsidy Grab Proves Offshore Wind Most Expensive Of All
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
Litigation Only Way to Protect Communities & Environments From Wind Turbine Rollout
Holding hands and waving placards just doesn’t cut it. If you want to protect the environment or your community from the industrial wind power onslaught, then litigate. In this post, we contrast a community off the coast of New South Wales, Australia where a rally of surfers gathered to stave off the threat of an … Continue reading Litigation Only Way to Protect Communities & Environments From Wind Turbine Rollout
America’s Wind Industry Implodes: More Offshore Projects Scrapped
In the US the offshore wind industry is completely underwater, in every sense. The insane cost of attempting to (occasionally) generate electricity with no commercial value in hostile marine environments has finally caught up. Projects are being scrapped in the same way that punters rip up their betting slips when their long-shot nag fails to … Continue reading America’s Wind Industry Implodes: More Offshore Projects Scrapped
Grand Green Dream Goes Up In Smoke: Wind & Solar Industries Face Total Collapse
That ‘industries’ built on lies, myths and subsidies are in freefall is hardly surprising. Nothing about intermittent wind and solar have never made any sense. Now the markets are starting to cotton on. Governments are refusing to bail out wind power outfits - rejecting their ever-increasing demands for ever-increasing subsidies. The knock-on effect on the … Continue reading Grand Green Dream Goes Up In Smoke: Wind & Solar Industries Face Total Collapse
Wind Industry Outraged at Government Refusal to Deliver Even More Subsidies
It takes real audacity for the most heavily subsidised ‘industry’ on earth, to demand even more. And it takes real courage for the governments who have been handing out massive subsidies, without question, to reject demands for more of the same. Which is where the New York State Public Service Commission (PSC) comes in. Led … Continue reading Wind Industry Outraged at Government Refusal to Deliver Even More Subsidies
Cost of Fixing Faulty Undersea Cables Makes Offshore Wind Even More (Insanely) Expensive
Who would have thought that trying to operate sophisticated machinery in hostile marine environments would require constant, costly repairs and maintenance? Apparently, the wind industry missed that memo, and only now are starting to calculate the true, and truly staggering, cost of operating wind turbines miles offshore. Then there’s the cost of connecting them; criss-crossing … Continue reading Cost of Fixing Faulty Undersea Cables Makes Offshore Wind Even More (Insanely) Expensive
Forever Cancelled: Escalating Costs Crippling Giant Offshore Wind Power Projects
The laws of economics don’t discriminate: where the costs of any venture outweigh its benefits, investors stay at home. Originally lured with the meme about wind power being free, and getting cheaper all the time, plenty of hopefuls poured cash into wind power outfits like NextEra, Avangrid and turbine manufacturers like Siemens. Lately, however, the … Continue reading Forever Cancelled: Escalating Costs Crippling Giant Offshore Wind Power Projects
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
