Reality Bites: Cheap Coal-Fired Power Killing Dreams of Australian Wind & Solar ‘Nirvana’

Wind and solar don’t compete with coal-fired power; never have, never will. You see, ‘competition’ involves starting from the same position, running the same race, over the same distance, without respite, laydown or let up. Calm weather and sunset don’t trouble coal-fired power plants (or gas or nuclear, for that matter). But the same can’t […]

Flat Broke & Busted: German Wind Turbine Maker Senvion’s Spectacular Financial Collapse

Cut the subsidies and the wind industry would disappear in a heartbeat. The business model (read ‘colossal government mandated scam’) has all the hallmarks of an enormous Ponzi scheme – the wind industry’s demise is a matter of when, not if. The withdrawal of subsidies across Europe has taken its toll, as the number of […]