Notwithstanding €billions in subsidies, Sweden’s embattled wind industry is on the brink of total financial collapse. The majority of Swedish wind power outfits are underwater, bleeding cash and have no hope of recovery. In the piece below, Carl Deconinck reports on the work of two economists, Christian Sandström and Christian Steinbeck, who conclude that the … Continue reading Mounting Losses Mean Sweden’s Wind Industry Faces Total Financial Collapse
Tag: europe wind industry
Road to Nowhere: Wind Power’s Pathetic Performance Continues All Across Europe
With the wind always blowing somewhere, it’s claimed that if turbines are spread far and wide, there’ll be a constant supply of wind ‘energy’. Except whole countries and indeed vast tracts of whole continents face dead-calm weather on a routine and regular basis. South-eastern Australia is home to 5,000MW of wind power capacity, spread … Continue reading Road to Nowhere: Wind Power’s Pathetic Performance Continues All Across Europe
Poland Bans Wind Power & Orders a Double Helping of Coal to Keep the Lights On
Over-run by these things, faced with thousand of furious neighbours demanding an end to the onslaught, and spiralling power costs, Poland has mounted an enormous about face: where wind power was the flavour of the month for a year or two, it’s been hit with an outright ban. Worse still for Polish wind-worshippers, their government, faced … Continue reading Poland Bans Wind Power & Orders a Double Helping of Coal to Keep the Lights On
Europe’s ‘Colossal Energy Disaster’: €5.7 trillion ‘Completely Wasted’ on Wind Power ‘Wishes’
**** When the wind industry and its worshippers start chanting their mantras about the ‘wonders’ of wind, it isn’t long before they start preaching about the examples purportedly set by the Europeans; and, in particular, the Nordic nations. The latter have seen economics hit back with a vengeance; wind power investment has thoroughly collapsed: Wind … Continue reading Europe’s ‘Colossal Energy Disaster’: €5.7 trillion ‘Completely Wasted’ on Wind Power ‘Wishes’
Europeans Lament their Wind Power Fiasco
**** Hurrah! Windfarms produce whopping ONE PERCENT of EU energy The Register Lewis Page 27 July 2015 The colossal, hugely expensive windfarms that are spread across huge areas of Europe's land and sea, which are projected to drive up household energy bills by more than 50 per cent in coming years, have achieved ... almost … Continue reading Europeans Lament their Wind Power Fiasco
Rocketing Power Prices see Subsidies Slashed, Bringing Europe’s Wind Industry to its Knees
**** The Australian wind industry is copping a belting from all sides at the moment. With the Senate Inquiry about to release its final report on the great wind power fraud; retailers flatly refusing to enter long-term Power Purchase Agreements - essential to obtain finance for new wind farms; and with an increasing number of … Continue reading Rocketing Power Prices see Subsidies Slashed, Bringing Europe’s Wind Industry to its Knees
Europe’s Wind Powered Recipe for Economic Disaster
**** Lessons from Europe: Recipe for a high-cost energy system Communities Digital News Steve Goreham 26 May 2015 CHICAGO, May 26, 2015 — While President Obama promotes renewable energy and members of Congress argue about energy policy, a renewable energy disaster is unfolding in Europe. Driven by a desire to halt climate change, Europe has … Continue reading Europe’s Wind Powered Recipe for Economic Disaster
Europe’s Industry Massacred by Wind Power Policy
Roger Helmer, MEP gave a speech in the European Parliament on 26 January 2015 pointing out how runaway renewable policies have resulted in an industrial massacre in Europe. Roger is on the money when he says: “We have a policy which is exporting jobs, exporting investment, exporting manufacturing, and increasing CO2 emissions at the same … Continue reading Europe’s Industry Massacred by Wind Power Policy
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