**** In last night’s post we took a look at China’s wind power debacle, where grid operators are refusing to hook up wind farms to the grid – due the uneconomic cost of doing so in remote locations – with the result that more than 20% of its wind power capacity sits idle – and … Continue reading Origin’s Grant King Spells Out the Inevitable Demise of the LRET & the Wind Industry
Category: power prices
China’s Wind Power Ponzi Scheme Collapsing: Grid Operators Refusing to Connect Wind Farms
**** In recent times – with the wind industry taking a belting around the planet – its spruikers have taken to clinging to any vestige of hope, with the anxious zeal of shipwreck survivors happening upon a little fortuitous flotsam. One such “hope”, is their belief that China provides the perfect example of what wind … Continue reading China’s Wind Power Ponzi Scheme Collapsing: Grid Operators Refusing to Connect Wind Farms
2015: the Wind Industry’s ‘Annus Horribilis’; or Time to Sink the Boots In
**** Any 'business' model or industry that is built around endless streams of government mandated subsidies - like Australia's REC Tax/Subsidy or the US's Production Tax Credit - pins its hopes of long-term survival on the whims of our political betters, which tend to ebb and flow with the economics that dictate the fortunes of … Continue reading 2015: the Wind Industry’s ‘Annus Horribilis’; or Time to Sink the Boots In
Want to Help the Poorest? Then It’s Time to Ditch Wind Power
**** The only reason that Western economies have entertained the infantile nonsense of wind power, is that the rich world can afford (at least in the short term) to throw $billions in subsidies at a wholly weather dependent "system", that will never stump up as an "alternative", unless your starting point is sitting freezing (or … Continue reading Want to Help the Poorest? Then It’s Time to Ditch Wind Power
Brits Waking Up to the Insane Cost of its Wind Power Disaster
**** Green targets 'cost £214 a year': Report says rush for renewable energy has been 'most expensive policy disaster in modern British history' Jack Doyle Daily Mail 18 March 2015 Shifting to wind and solar power has increased costs to consumers Ditching green energy targets would save households £214 a year Report into renewable energy … Continue reading Brits Waking Up to the Insane Cost of its Wind Power Disaster
German’s Top Daily – Bild – says Time to Chop Massive Subsidies for Wind Power
**** The Germans went into wind power harder and faster than anyone else – and the cost of doing so is catching up with a vengeance. The subsidies have been colossal, the impacts on the electricity market chaotic and – contrary to the environmental purpose of the policy – CO2 emissions are rising fast: if … Continue reading German’s Top Daily – Bild – says Time to Chop Massive Subsidies for Wind Power
UK Election: Brit’s Insane Wind Power Policy the “Elephant in the Room”
**** Britain's insane wind power policy is, like elsewhere, the invisible policy-pachyderm. No-one with skin in the political game dares to speak about its true costs, its full impacts on power punters, or on how it threatens the very ability of a grid designed for on-demand generation sources to function, with the addition of an … Continue reading UK Election: Brit’s Insane Wind Power Policy the “Elephant in the Room”
Wind Industry Armageddon: Power Retailers Win Round One in Battle to Kill LRET
**** As STT has pointed out, just once or twice, the policy debacle that is the Large-Scale Renewable Energy Target (LRET) is completely unsustainable, on every level: economic, social and political. In the absence of the mandated subsidies (“the carrot”) directed to wind power outfits, and the mandated penalties (“the stick”) whacked on retailers under … Continue reading Wind Industry Armageddon: Power Retailers Win Round One in Battle to Kill LRET
Denying Power to the Poor: the Idolatry and Moral Bankruptcy of “Earth Hour”
**** The so-called “Greens”, that have sought to overtake and destroy sensible energy policy around the Globe, are not just delusional, they’re dangerous. Part of their perverse, human-hating ideology centres around demonizing electricity; and the only meaningful generation sources capable of providing it; ie, coal, gas, nuclear and hydro – yes, hydro – even though … Continue reading Denying Power to the Poor: the Idolatry and Moral Bankruptcy of “Earth Hour”
Ontario’s Wind Powered Energy Poverty
**** Around the globe, the true cost of the great wind power fraud is catching up with a vengeance. The phrase "energy poverty" is now synonymous with the insane (and utterly pointless) costs of subsidising the 'production' of electricity, using a wholly weather dependent 'system', that has to have 100% of its capacity, backed up … Continue reading Ontario’s Wind Powered Energy Poverty
