Burning Yen: Japanese Government Scraps Last Wind Turbines in Failed $580 Million Offshore Project

Apart from literally burning cash, there is no faster way to squander money than by piling it into an offshore wind power project. It’s hardly news that the true cost of generating electricity using wind power is staggering; the cost of doing so offshore is astronomical. But don’t take our word for it, the Japanese […]

Starry-Eyed Dreams v Economic Reality: Why The Wind Industry’s Numbers Can Never Stack Up

Take away the massive subsidies, guaranteed fixed price contracts, soft loans, mandated targets, etc and the wind industry would disappear in a heartbeat. Those matters, all the product of meddling governments, are the only reason we are having this discussion, at all. After 30 years and hundreds of billions of dollars in subsidies – redirected […]