Tag: investing in wind power

Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse

Europe’s wind turbine makers are in financial freefall; with subsidies slashed, demand for turbines has collapsed, input costs are soaring and their Chinese competitors are benefiting from their cheap and reliable supplies of coal-fired power. Oh, the irony! The barely disguised panic in this article from ReCharge (one of Europe’s leading wind and solar propaganda … Continue reading Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse

Totally Choked: Australian Wind Power Investment Suffers Massive Collapse

Renewable energy rent seekers are fuming because Australia’s power grid can’t take any more of their chaotically generated wind and solar power. The massive daily spikes and collapses in wind and solar power output have made the grid manager’s life a living hell: Hopeless Joke: Australia’s Wind Industry Keeps On Failing to Deliver the Goods As … Continue reading Totally Choked: Australian Wind Power Investment Suffers Massive Collapse

RE Rent Seekers Become Virus Victims: Wind & Solar Investment Collapses Post-Pandemic

Desperate times, call for desperate measures and there’s no group more desperate than the wind and solar ‘industries’. With the global economy in meltdown - thanks to crippling and seemingly interminable coronavirus lockdowns - investment in the unreliables has plummeted. In the USA, the wind and solar sector lost 106,000 jobs in March, with many … Continue reading RE Rent Seekers Become Virus Victims: Wind & Solar Investment Collapses Post-Pandemic

Turbine Trouble: School Board’s Wind Turbine ‘Investment’ Ends in Financial Disaster

  As Warren Buffett put it: “We get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit.” Buffett might have continued, that it’s the only reason anyone invests in them. Apart from the subsidies they attract, wind turbines … Continue reading Turbine Trouble: School Board’s Wind Turbine ‘Investment’ Ends in Financial Disaster

Share Prices Plummet: Market Punishes Wind Power Outfits For Over-Blown Output Forecasts

The wind industry is built on lies and runs on subsidies, so it’s no surprise that the market has taken revenge on wind power outfits pitching up overblown output forecasts. One of them, Orsted (part owned by the Danish government) has seen its share price slashed, as investors recognise that they’ve been had. The knock-on … Continue reading Share Prices Plummet: Market Punishes Wind Power Outfits For Over-Blown Output Forecasts

Solar Eclipsed: Renewable Energy Investors Fret as Share Price Plummets

The hopes of renewable energy investors depend on subsidies to wind and solar lasting forever. Sadly, for those with skin in the game, the longevity of the subsidies, targets, mandates, penalties and fines - that make intermittent wind and solar profitable - are limited. The idea was, of course, that after a decade or so … Continue reading Solar Eclipsed: Renewable Energy Investors Fret as Share Price Plummets

Die Already: When Will the Wind and Solar ‘Industries’ Finally Collapse?

The wind and solar ‘industries’ are a pair that can’t survive without massive and endless subsidies, which means their days are numbered. Their ultimate demise is a matter of when, not if. The wind back in subsidies across Europe has all but destroyed the wind industry: in Germany this year a trifling 60 onshore wind turbines … Continue reading Die Already: When Will the Wind and Solar ‘Industries’ Finally Collapse?

Renewables ‘Transition’ Terminated: With Their Subsidies Slashed, the Honeymoon for Wind & Solar is Over

  Like a bride jilted at the altar, the wind and solar ‘industries’ are moaning about what could have been. Plenty of RE zealots managed to convince themselves that these so-called ‘industries’ were actually sustainable; that the subsidies that created them would ultimately prove unnecessary, or if not, taxpayers and power consumers would merrily pay … Continue reading Renewables ‘Transition’ Terminated: With Their Subsidies Slashed, the Honeymoon for Wind & Solar is Over

Game Over: Europe’s Great Renewables Rush Faces Armageddon

Death and taxes are certainties, so is the fact that wind and solar investment disappears just as soon the subsidies are cut. Without massive (and seemingly endless) subsidies we wouldn’t be having this conversation: there would have been no such thing as wind and solar power, on any scale, or at all. Twelve countries in … Continue reading Game Over: Europe’s Great Renewables Rush Faces Armageddon