With Donald Trump’s tariff-led geopolitical strategy in train, watch countries rapidly ditch their obsession with chaotically intermittent wind and solar. Cheap and reliable energy is, always and everywhere, the key to competing in the global marketplace. That’s precisely why China dominates in manufacturing all of the stuff that the West consumes and uses. And within … Continue reading Stop These Things’ Weekly Round Up: 6 April 2025
Tag: Offshore wind power investment collapses
Cancelled: Investors Ditch Dozens of Mega-Offshore Wind Power Projects
The smart money is treating offshore wind power like the Ebola virus. Like that deadly contagion, the offshore wind industry's rapid and merciless collapse is spreading far and wide. Dozens of mega-offshore projects - that were once talked up with the reverence usually reserved for transcendental deities - are being quietly scrapped. Whereas the promised … Continue reading Cancelled: Investors Ditch Dozens of Mega-Offshore Wind Power Projects
‘Green Energy’ Dream Collides With Harsh Reality: Wind & Solar Just Don’t Work
When so-called ‘sustainable’ investment funds pull the plug on wind and solar, you know the party’s over. As 2023 closes out, ‘green’ energy investors are facing a brutal and harsh reality: wind and solar will never amount to meaningful power sources. Worse still, governments backing the grand wind and solar transition are having a hard … Continue reading ‘Green Energy’ Dream Collides With Harsh Reality: Wind & Solar Just Don’t Work
Cost of Fixing Faulty Undersea Cables Makes Offshore Wind Even More (Insanely) Expensive
Who would have thought that trying to operate sophisticated machinery in hostile marine environments would require constant, costly repairs and maintenance? Apparently, the wind industry missed that memo, and only now are starting to calculate the true, and truly staggering, cost of operating wind turbines miles offshore. Then there’s the cost of connecting them; criss-crossing … Continue reading Cost of Fixing Faulty Undersea Cables Makes Offshore Wind Even More (Insanely) Expensive
Forever Cancelled: Escalating Costs Crippling Giant Offshore Wind Power Projects
The laws of economics don’t discriminate: where the costs of any venture outweigh its benefits, investors stay at home. Originally lured with the meme about wind power being free, and getting cheaper all the time, plenty of hopefuls poured cash into wind power outfits like NextEra, Avangrid and turbine manufacturers like Siemens. Lately, however, the … Continue reading Forever Cancelled: Escalating Costs Crippling Giant Offshore Wind Power Projects
Dead Man Walking: Global Wind Industry’s Prospects Have Never Looked So Bad
The wind industry’s glory days are long gone: investment has collapsed across Europe, turbine manufacturers are losing $billions and dozens of offshore projects have been scrapped in the last 12 months. Call us a tad cynical, but if you offer a product that can’t be delivered on demand (which, accordingly, has no commercial value) and … Continue reading Dead Man Walking: Global Wind Industry’s Prospects Have Never Looked So Bad
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
STOP THESE THINGS 