By December 2019, British wind power outfits had already collected over £650,000,000 in “constraint payments” for doing nothing at all; the cost to power consumers was almost £1 billion over the last five years and that figure is expected to soar. By 2030, wind power outfits across the UK (principally in Scotland) are predicted to … Continue reading UK’s Wind Industry Gets £1 Billion in ‘Constraint Payments’ For Producing Nothing At All
Tag: Constraint payments to wind farms
UK’s Wind Industry Will Pocket £3 Billion In Subsidies For Producing Nothing At All
The ‘constraint payments’ paid to wind power outfits are commercial extortion, where the (occasional) producer claims a fee for producing absolutely nothing, at all. The honourable kidnapper at least hands over his victim when he gets the cash and there's something to show for the exchange. In this case, the victims are unwitting taxpayers and … Continue reading UK’s Wind Industry Will Pocket £3 Billion In Subsidies For Producing Nothing At All
Hard Lessons From Britain’s ‘Green’ Energy Disaster Freely Available For All
The fool learns from his own experience, the wise tend to learn from the experience of others. In that respect, Britain provides the perfect opportunity for students of energy policy to avoid their very own self-inflicted wind and solar calamity. Britain went all in with its grand offshore wind experiment - accordingly, power prices rocketed … Continue reading Hard Lessons From Britain’s ‘Green’ Energy Disaster Freely Available For All
Britain’s Wind Industry Set to Receive Even More Taxpayer’s Money For Producing Nothing At All
So-called wind power ‘constraint payments’ are more like a kidnapper’s ransom, than a genuine commercial transaction. There aren’t many exchanges that involve a producer claiming a fee for producing absolutely nothing, at all. But when your product is only available in random, chaotic spurts (or not at all), apparently the rules change. Up to December … Continue reading Britain’s Wind Industry Set to Receive Even More Taxpayer’s Money For Producing Nothing At All
UK’s Power Consumers Pay Staggering Price For Wind Power That’s Never Delivered
Obscene is one way to describe the wind power debacle playing out in Britain; power prices are punitive, in calm weather power rationing is normal. And with a bitter winter looming, the worst is yet to come. That untold £billions have already been squandered on subsidies directed to chaotically intermittent wind and solar is bad … Continue reading UK’s Power Consumers Pay Staggering Price For Wind Power That’s Never Delivered
British Taxpayers Paying Wind Power Outfits £500,000,000 Every Year To Produce NOTHING!
There’s never been a financial scam that comes anywhere near rivalling subsidised wind power for longevity and audacity. Stories of the gullible signing up to buy the London Bridge or the Eiffel Tower spring to mind, when it is borne in mind that wind power (which simply cannot be delivered on demand) has no commercial … Continue reading British Taxpayers Paying Wind Power Outfits £500,000,000 Every Year To Produce NOTHING!
Highland Heist: During 2020 Scots Paid Wind Power Outfits £235,000,000 To NOT Produce Power
Chaotically intermittent and heavily subsidised wind power is costing the normally parsimonious Scots a veritable fortune, even when their wind turbines aren’t producing so much as a spark. There aren’t many businesses where a major source of revenue is being paid to NOT produce what it is that your business is meant to produce. STT … Continue reading Highland Heist: During 2020 Scots Paid Wind Power Outfits £235,000,000 To NOT Produce Power
World’s Biggest Scams: Scotland’s Wind Farms Paid £650,000,000 To NOT Produce Power
In the history of commerce, there’s never been a financial scam that comes anywhere near rivalling subsidised wind power. There aren’t many businesses where a major source of revenue is being paid to NOT produce what it is that your business is meant to produce. STT is at a loss to find many other current … Continue reading World’s Biggest Scams: Scotland’s Wind Farms Paid £650,000,000 To NOT Produce Power
Priceless: Scots Forced to Pay Wind Farms £650,000,000 To NOT Generate Power
Once upon a time, electricity had a value defined by demand, not by the weather. Power that can’t be delivered as and when it’s needed has absolutely no commercial value. Which brings us to weather-dependent wind power; generated in chaotic, random intervals, it’s a case of either feast or famine. But businesses and households don’t … Continue reading Priceless: Scots Forced to Pay Wind Farms £650,000,000 To NOT Generate Power