New Yorkers are paying a huge price of offshore wind power, which is 4 times the cost of their conventional supplies from gas and nuclear. So much for all that loose talk about wind power being cheap, clean and green. As Willis Eschenbach points out below, for an industry that brags about cost, wind power … Continue reading Not Cheap: Offshore Wind Power 4 Times the Cost of Gas and Nuclear Power
Tag: Cost of offshore wind power subsidies
Floating Offshore Wind Turbines – Next Great Financial & Environmental Disaster
The environmental destruction caused by the offshore wind industry has completely flipped public opinion. The wanton destruction of marine habitats, fishing grounds and the wholesale slaughter of whales, dolphins and other marine mammals has drawn the same kind of attention that attracts people to multicar pileups. In this case, the characters responsible are easily identified … Continue reading Floating Offshore Wind Turbines – Next Great Financial & Environmental Disaster
Offshore Wind Power Carries Colossal Cost and Delivers Zero Benefits
Never capable of delivering power on demand, offshore wind is as pointless as pushing on string. As the most expensive way of (occasionally) generating electricity, only the terminally insane would consider investing a nickel. Which is why rent-seekers rigged the game with massive subsidies, mandates and tax breaks from the get go. The value of … Continue reading Offshore Wind Power Carries Colossal Cost and Delivers Zero Benefits
Taxpayers Robbed Again: Offshore Wind Industry Gets More Massive Subsidies
Already the most heavily subsidised ‘industry’ on earth, the wind industry is in need of much more of the same. This time, as Dr John Constable explains below, it’s about politics. [Note to Ed: the renewables scam has always and everywhere been about pure politics] Apparently, wind power outfits have been choosing turbines, associated kit … Continue reading Taxpayers Robbed Again: Offshore Wind Industry Gets More Massive Subsidies
Offshore Freefall: Wind Industry Faces Economic Reality (And Doesn’t Like It)
Built on myth and lies and running on subsidies, the wind industry was never going to last. Set a false business narrative and, eventually, economic reality comes sweeping in like a Panzer division on steroids. Cheery propaganda does not always result in profits. Start with the story about wind power being the cheapest of all, … Continue reading Offshore Freefall: Wind Industry Faces Economic Reality (And Doesn’t Like It)
America’s Offshore Wind Industry Covering Up True Cost of Taxpayer Funded Subsidies
The rent-seekers that profit from the great wind and solar scam are always begging for more: more subsidies, tougher mandates and even greater renewable energy targets. Back in 1983, the American Wind Industry Association claimed that solar and wind would be “competitive and self-supporting on a national level by the end of the decade if … Continue reading America’s Offshore Wind Industry Covering Up True Cost of Taxpayer Funded Subsidies
Bubble Bursts: Rising Costs Mean More Massive Offshore Wind Projects Scrapped
The spiralling cost of erecting ever-larger turbines at sea is matched by the spiralling costs of the raw inputs needed for the turbines themselves, which means the offshore wind power bubble has truly burst. The Sweden’s Vattenfall has just scotched a massive project proposed off the coast of Norfolk, moaning about rocketing turbine manufacturing and … Continue reading Bubble Bursts: Rising Costs Mean More Massive Offshore Wind Projects Scrapped
Cash Inferno: Offshore Wind Power Fastest Way to Squander Countless $Billions
In the absence of endless subsidies and guaranteed, fixed-price contracts (set at ludicrously high prices), the purported economic case for wind power never, ever stacks up. And the metrics are far worse out at sea. Notwithstanding the $billions in subsidies - gouged from taxpayers and/or lumped on power consumers’ crushing power bills - proposed projects … Continue reading Cash Inferno: Offshore Wind Power Fastest Way to Squander Countless $Billions
Mounting Construction & Maintenance Costs Explode The Cheap Offshore Wind Fantasy
The fact that the offshore wind industry is screaming for more subsidies undermines their wilder claims about offshore wind power being ‘free’ and getting cheaper all the time. The true cost of wind power is staggering – the cost of offshore wind power is astronomical: the latter is more than six times the cost of … Continue reading Mounting Construction & Maintenance Costs Explode The Cheap Offshore Wind Fantasy
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