Where solar power generates hyperbole and myth 24 hours a day, it struggles to produce useful electricity for more than 8 hours out of every 24. Depending where the panels are located in relation to the equator, and the angle of the Sun to the earth (think the height of summer vs the depth of … Continue reading Massive Subsidy Cost Blowout Smashes ‘Cheap’ Solar Power Myth
Tag: California solar power subsidies
Totally Busted: California’s Subsidised Solar Scam Implodes
Over-generous subsidies and guaranteed over-the-market prices are the only explanation for rooftop solar. Having millions of mini (occasional) rooftop generation stations (aka domestic residences) never made any sense. Producing notionally ‘useful’ power for 5 or 6 hours a day - weather permitting - never made any sense, but nothing about the grand wind and solar … Continue reading Totally Busted: California’s Subsidised Solar Scam Implodes
Sun Sets On Subsidised Solar Scam: Solar Energy Share Prices Plummet 40% Overnight
Investors are dumping solar energy shares in the same way users discard worn out panels after their brutally short and punishingly expensive lives. Any ‘industry’ that relies for its existence on other people’s money never lasts all that long. As Margaret Thatcher put it: “The problem with socialism is that you eventually run out of … Continue reading Sun Sets On Subsidised Solar Scam: Solar Energy Share Prices Plummet 40% Overnight
California’s Subsidised Solar Onslaught Threatens Total Grid Collpase
Solar has plenty of friends when the Sun’s up, but it's an orphan after Sunset. And it’s that point when solar-obsessed Californians smack into reality, with a very costly bang. Conventional generators - that were designed to run around-the-clock - get bumped off the grid as the output from solar panels peaks for a few … Continue reading California’s Subsidised Solar Onslaught Threatens Total Grid Collpase
Filthy Rich Get To Soak In Massive Solar Subsidies – While The Poor Get Nothing
The adage about those who already have getting even more is clearly at work with the virtue-signalling beneficiaries of solar power subsidies. Sure, you don’t have to be a dotcom billionaire to have a house covered in shiny panels, but the bigger the pad, the bigger the burden on the taxpayers who foot the bill. … Continue reading Filthy Rich Get To Soak In Massive Solar Subsidies – While The Poor Get Nothing